Bank7 Corp. (BSVN) SEC Filings & Earnings Calls

Merger integration risk with Century Financial

“Century merger expected to close on November 1, 2026”

Merger closing conditions not yet fully satisfied; forward-looking statements caution about timing and completion risks.

“Merger remains subject to satisfaction of other closing conditions; forward-looking statements highlight risks that could cause actual events to differ.”

Integration risk and regulatory approval uncertainty.

“receipt of all necessary regulatory approvals ... approval of the proposed transaction by Century's shareholders”

Regulatory approval risk: requires approval from Federal Reserve Board.

“receipt of all required regulatory approvals, including approval from the Board of Governors of the Federal Reserve System” · word for word

Court approval required for sale order.

“entry by the Court of a Sale Order” · word for word

Acquisition integration risk and regulatory approvals required

“Acquisition of a bank holding company subject to regulatory approvals.”

Concentration in hospitality and energy loans

“As of June 30, 2026, hospitality loans were 18.2 % of gross total loans with outstanding balances of $290.9 million and unfunded commitments of $16.6 million; energy loans were 8.1 % of gross total loans with outstanding balances of $130.3 million and unfunded commitments of $79.3 million.” · word for word

Elevated noninterest expense from oil and gas asset sale

“The increases in the efficiency ratios for the 2026 periods were primarily driven by the disposition of the Company’s oil and gas assets in the second quarter, which resulted in a $2.1 million pre-tax loss recorded in noninterest expense” · word for word

Non-recurring loss on sale of energy assets impacted earnings; energy loan recovery maximized but sale resulted in loss.

“Reported results include a non-recurring loss on the sale of energy assets, which followed the successful maximization of our loan loss recovery related to an energy loan previously charged off in 2023.” · word for word

Transaction subject to court approval, regulatory approvals, and competitive bidding process; may not close.

“subject to higher or otherwise better offers solicited through a competitive bidding and auction process, for which we have a matching right, as well as approval by the Court. Completion of the transaction is also subject to the receipt of all required bank regulatory approvals and the satisfaction of customary closing conditions.” · word for word

Credit quality deterioration

“Nonaccrual loans $9,258 vs $6,460; Nonperforming loans ratio 0.58% vs 0.40%”

Deposit outflow pressure

“Total deposits $1,671,381 vs $1,700,833; Brokered deposits $135.1M vs $205.6M”

Uninsured deposit concentration

“Uninsured deposits $405.8M, 24.3% of total deposits”

Loan portfolio contraction

“Net loans $1,574,376 vs $1,587,024; C&I loans $535,978 vs $567,280”

No provision for credit losses in either period; credit quality excellent but may indicate conservative underwriting or benign environment.

“Provision for Credit Losses - $0 (both periods)”

Net Interest Margin Compression

“Net interest margin for the years ended 2025 and 2024 was 4.94% and 5.11%, respectively.” · word for word

Concentration Risk

“Commercial real estate loans represent 58.3% of total loans as of December 31, 2025.”

Interest Rate Risk

“The monetary policy of the Federal Reserve has a significant effect on the operating results of financial or bank holding companies and their subsidiaries.” · word for word

Net income slightly down YoY, pre-provision earnings declining.

“Net income $43.1M vs $45.7M YoY; pre-provision $57.5M vs $60.4M.”

Interest income declining due to lower rates.

“Total interest income $128.8M vs $131.5M YoY.”

Oil & gas revenue volatility

“The Company had oil and gas related revenues included in "Other" noninterest income ... $1.3 million and $2.9 million ... for the three months ended September 30, 2025 and September 30, 2024, respectively.” · word for word

Credit loss provision increase

“Provision for Credit Losses 700 - 700 -” · word for word