Bank7 Ranked in Top 100 Best-Performing Community Banks in U.S. for 2020

OKLAHOMA CITY, OK / March 26th, 2021 –

For the ninth consecutive year Bank7 has been ranked as one of the Top 100 Best-Performing Community Banks in the U.S by S&P Global Market Intelligence.  A total of 4,287 banks with assets under $3 billion were evaluated based on six different metrics (read full analysis here). Bank7 is pleased to be recognized once again as a high-performance company and we thank our teammates and customers.

Thomas Travis, the president and CEO of Bank7 Corp., said the company sticks to the fundamentals as is seeks to return value to its shareholders.

“[We make] smart loan decisions to avoid loan losses and keep expenses low,” Travis said.

This strategy seems to have worked, for Bank7 Corp. was able to be successful even amid a pandemic that has hit many businesses hard.

The company scored the highest in Percent Change in Revenue with a 6.8% change in revenue from 2019 to 2020. This is the third highest in the state. It also earned an 8% return on average equity for 2020, which is the eighth highest in the state.

Bank7 Corp. also had the twelfth highest one year total return on stock and dividends and the 13th highest percent change in earnings per share from 2019 to 2020, although it scored negative in both categories.

“Goals were high return on equity and high return on assets without taking on undue risk” Travis said.

He said the company plans to keep those same goals as it looks to continue its successes next year.

“We stick to tried and true fundamentals,” Travis said, “and we own more stock than any other shareholders, so we are aligned with them to perform at a high level.”

The company has not been without its challenges this year, but as it’s moving forward through the pandemic, Travis is confident Bank7 Corp. will be able to continue delivering on its promises to its customers.

“We avoid excessive risk taking,” Travis said. “And we don’t deviate from our fundamentals, which makes our income very steady and reliable.”

Charlotte, N.C., April 13, 2020 — DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2020 Top 200 Healthiest Banks in America.

Bank7 was ranked #133 out of 5,035 US banks and named one of only five banks in Oklahoma to make the list.

DepositAccounts.com evaluates the financial health of over 10,000 banks and credit unions in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios.

“We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com. “Our list empowers consumers to make informed decisions when selecting a financial institution.”

For a complete listing of the 2020 Top 200 Healthiest Banks in America, visit https://www.depositaccounts.com/banks/health.aspx.

About DepositAccounts.com

DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposits product information for consumers. It covers every federally insured bank and credit union and utilizes its patented technology to track approximately 275,000 consumer deposit rates, each updated nightly. The site features more than 11,000 editorial articles detailing depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 100,000 comments, customer reviews, and forum threads.

OKLAHOMA CITY, OK / January 24th, 2020 –
Bank7 Corp. is excited to announce that it has opened a full-service branch in the Tulsa market. “We are very pleased with the success of the Tulsa Loan Production Office and found that it was only fitting to bring a full-service branch to the Tulsa area. We intend for this new location to allow for an even better customer experience by offering all our products and services to new and existing customers,” said Thomas L. Travis, President and CEO.

“We are excited to move into our new home on 71st street,” added Andrew Levinson, Regional President of Tulsa. “The modernly remodeled 4,000 sq. ft bank will give our customers a feel for what banking should look like in 2020. Our Bank7 Tulsa Team is proud to have worked together in Tulsa for the past 12 years and we provide superior customer service and quick response times for both our business and personal banking customers. While the Bank7 brand is new to the Tulsa market, the team is made up of longtime Tulsa bankers who are determined to make a lasting footprint in the Tulsa market.”

Bank7 and Central Oklahoma Habitat for Humanity present Maria T. and her family with the key to their new home at the recent August dedication. The project came to a close just 3 months after Bank7 sponsored and helped frame the home located in Legacy Estates in OKC.  Pictured is the Bank7 team with members of the Maria T. family.  Shown from left are Bank7 Chairman Brad Haines, Darrell Mathews, Terri Metzger, Lisa Haines, Lanai Berg and Drew Haines.

Oklahoma City, OK, June 15th, 2019 – Bank7 was proud to donate a full home sponsorship to Central Oklahoma Habitat for Humanity and announce COFHF’s 16th house framing of the year.

Brad Haines, Chairman of Bank7 said, “We love supporting organizations that not only give back to the community but teach those individuals receiving the actual home the skills they need to manage and care for the place they will soon call home.  This is more than just an affordable house, it’s an opportunity to build independence as well as equity.”

The Bank7 team worked all day to frame the house they will dedicate later this year.  Everyone enjoyed working together to give Oklahomans a Hand up!

Charlotte, N.C., May 17^th, 2019 — DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2019 Top 200 Healthiest Banks in America.

DepositAccounts.com evaluates the financial health of over 10,000 banks and credit unions in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios.

“We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com. “Our list empowers consumers to make informed decisions when selecting a financial institution.”

For a complete listing of the 2019 Top 200 Healthiest Banks in America, visit https://www.depositaccounts.com/banks/health.aspx.

About DepositAccounts.com

DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposits product information for consumers. It covers every federally insured bank and credit union and utilizes its patented technology to track approximately 275,000 consumer deposit rates, each updated nightly. The site features more than 11,000 editorial articles detailing depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 100,000 comments, customer reviews, and forum threads.

For the eighth straight year Bank7 has been ranked in the Top 100 of Best-Performing Community Banks in the U.S. by S&P Global Market Intelligence.  Bank7 moved up to the #10 spot from #13 (in 2017) and has landed in the top 5 in four of its previous rankings.  4,619 other banks with assets under $1 billion were ranked using six metrics (read full analysis here).  Bank7 is one of only two banks that have consecutively appeared more than any other on the list.

OKLAHOMA CITY, OK / March 21st, 2019 –

Bank7 Corp. (NASDAQ: BSVN) announced today it is the recipient of the seventh annual Raymond James Community Bankers Cup award. The award recognizes the top 10% of community banks based on various profitability, operational efficiency, and balance sheet metrics.  The pool of banks considered for recognition includes all exchange-traded domestic banks, excluding mutual holding companies and potential acquisition targets, with assets between $500 million and $10 billion as of December 31, 2018.

Bank7 Corp. was ranked 6th of 26 banks chosen for the award and the only Oklahoma-based bank recognized.  Of the 258 community banks considered for the 2018 Community Bankers Cup, the top 10% demonstrated superior performance on a relative basis in one or more of the following measurements of financial performance and stability: 1) nonperforming assets to loans and real estate owned, 2) five-year average core deposit percentage, 3) net interest margin, 4) efficiency ratio, 5) return on average assets, and 6) return on average tangible common equity.

Tom Travis, Bank7 President and CEO said, “We are pleased to be recognized as one of the nation’s top performing banks.”

OKLAHOMA CITY, OK / March 14^th, 2019 –

Thomas L. Travis, Bank7 President and CEO announced today that Andrew Levinson is named President of the Tulsa Region and member of its Board of Directors. “Bank7 continues to grow, and with Andy leading our efforts, we are very excited about our future and what we can bring to the Tulsa market”.

“I am excited about building a new market from the ground up and joining a high performing company with a forward thinking management team”, said Levinson.

After earning his Bachelors of Business Administration degree in accounting from the University of Tulsa, Mr. Levinson began his career at Deloitte and Touche as an auditor.  He then moved to Bank of America, where he served as a Vice President.  In 2005 Mr. Levinson moved to one of Oklahoma’s largest banks   where he served for 15 years, eventually becoming the President of the Tulsa market.  Mr. Levinson is a third generation Tulsan, and has extensive ties to the community.  He currently serves on the Board of Directors for both the Tulsa Boys Home and The Children’s Hospital at Saint Francis.

OKLAHOMA CITY, March 6, 2019 — As part of the American Heart Association’s CPR in Schools Program, Woodward High School received a CPR training kit for use on their school campus. The kit was made possible through a contribution from Bank7 to help fund AHA’s CPR in Schools program across central Oklahoma.

“Schools are integral parts of our communities and teaching life-saving CPR will help increase bystander CPR across all communities and in turn empower more people to act in an emergency and help save a life,” said Tom Travis, Bank7 President.  “Teaching students CPR before they graduate will put qualified lifesavers in the community, year after year, and we are thrilled to be part of those efforts and continue our support of the American Heart Association.”

The AHA CPR in Schools Training Kit teaches students the core skills of CPR as well as AED skills and choking relief techniques. In just 30 minutes, students can learn the skills and techniques needed to save a life. The CPR in Schools program is an important initiative in the AHA’s pursuit to increase the bystander rate of CPR training in Oklahoma.

“We would like to thank Bank7 for their generous contribution in helping fund our CPR in Schools program,” said Debbie Hite, AHA Senior Executive Director. “CPR, especially if performed immediately, can double or triple a cardiac arrest victim’s chance of survival. We are extremely excited to partner with organizations and schools to start training students in the lifesaving skill.”

More than 326,000 people experience cardiac arrest outside of a hospital each year. About 90 percent of those victims die, often because bystanders don’t know how to start CPR or are afraid they’ll do something wrong.

Beginning with the 2015-2016 school year, Oklahoma now requires CPR training prior to high school graduation. The CPR in Schools bill (HB 1378) was signed into law in May of 2014 making Oklahoma the 16th state to implement the graduation requirement. Central Oklahoma has 224 high schools with over 38,000 seniors that will be CPR-trained on an annual basis.

About American Heart Association
The American Heart Association is devoted to saving people from heart disease and stroke –  the two leading causes of death in the world. We team with millions of volunteers to fund innovative research, fight for stronger public health policies, and provide lifesaving tools and information to prevent and treat these diseases. The Dallas-based association is the nation’s oldest and largest voluntary organization dedicated to fighting heart disease and stroke.

OKLAHOMA CITY, OK / February 6th, 2019 –
Bank7 Corp. is excited to announce that it will soon open a second Dallas metro-area Bank7 location in Frisco, TX. “We are pleased to soon add this new location, making it much more convenient for our existing North Dallas customers to do their banking, and it also establishes a convenient location for prospective customers who work or live in that area. We intend for this new facility to be fully operational by late Spring 2019,” said Thomas L. Travis, President and CEO.

OKLAHOMA CITY, OK / Jan. 30, 2019 –
Bank7 Corp., the parent company of Oklahoma City-based Bank7 today reported unaudited results for the fiscal quarter and year ended December 31, 2018.  “We are pleased to announce record pre-tax income for our 4Q and also for our full year results.  Our 4Q and YTD results show continued balance sheet growth, especially in our core deposits.  That growth, combined with our excellent efficiency ratio and asset quality, continues to produce outstanding return on average assets and return on average tangible common equity,” said Thomas L. Travis, President and CEO of the Company.
Read the full release.

OKLAHOMA CITY, OK / November 19th, 2018 –

The Bank7 Corp. Board of Directors is excited to welcome Mike Sanner as a board member of both the company, and its wholly owned subsidiary, Bank7.   “We are pleased that Mike has joined our Board and we know his experience and knowledge will be helpful to us as we continue to grow”, said Thomas L. Travis,  President and CEO.

“I look forward to serving on the Bank7 board and representing the bank and its shareholders”, said Sanner.

Mr. Sanner is a licensed certified public accountant and began his career at the accounting firm of Arthur Andersen LLP after graduating from the University of Pennsylvania with his MBA.  Mr. Sanner has over 37 years of experience providing assurance services to both public and private companies, primarily in the energy sector.  Prior to his retirement in June 2013, Mr. Sanner served as Assurance Partner at Ernst & Young LLP.  Mr. Sanner currently serves as a member of the Oklahoma Accountancy Board and has been involved in numerous civic, professional and charitable organizations.  Mr. Sanner has also been a member of the board of directors of OGE Energy Corp. and its wholly-owned subsidiary, Oklahoma Gas & Electric Company, since September 2017, serving on the audit committee and the nominating and corporate governance committee.

OKLAHOMA CITY, OK / Oct 25^th, 2018 –

The Bank7 Corp. Board of Directors is pleased to welcome William Buergler as a board member of both the company, and its wholly owned subsidiary, Bank7.   “We are fortunate to have a person of William’s financial background and expertise join us as we continue to grow our company”, said Thomas L. Travis,  President and CEO.

“I am honored and excited to serve at a company with the leadership, values and performance exhibited at Bank7,” said Buergler.

Mr. Buergler is a licensed certified public accountant and has over two decades of accounting and tax experience.  Since August 2017, Mr. Buergler has served as Senior Vice President and Chief Accounting Officer of Chesapeake Energy Corporation, where he began working in July 2014 as Vice President − Tax.  Before joining Chesapeake, Mr. Buergler worked for two public accounting firms: Ernst & Young LLP, where he served as a Partner from 2009 to 2014 and as a Senior Manager from 2002 to 2008; and Arthur Andersen LLP, where he served from 1996 to 2002. Mr. Buergler currently sits on the Board of Directors of the Regional Food Bank of Oklahoma (RFBO), and previously served as Chairman and Treasurer of the RFBO Foundation Board.  Mr. Buergler holds B.S. and M.S. degrees in Accounting from Oklahoma State University.

OKLAHOMA CITY, Sept. 24, 2018 (GLOBE NEWSWIRE) — Bank7 Corp., the bank holding company for Bank7, today announced that it has completed its initial public offering of 3,400,000 shares of its common stock at a price to the public of $19.00 per share, 2,900,000 shares of which were offered by Bank7 Corp. and 500,000 shares of which were offered by certain selling shareholders.  Bank7 Corp.’s common stock began trading on the NASDAQ Global Select Market on September 20, 2018, under the symbol “BSVN.”

The underwriters have a 30-day option, which commenced September 19, 2018, to purchase up to 510,000 additional shares of common stock from certain selling shareholders at the initial public offer price less underwriting discounts to cover over-allotments, if any.

Keefe, Bruyette & Woods, A Stifel Company and Stephens Inc. acted as joint book-running managers and Sandler O’Neill + Partners, L.P. acted as co-manager.  Bank7 Corp. was represented by Hunton Andrews Kurth LLP.  The underwriters were represented by Bracewell LLP.

The U.S. Securities and Exchange Commission (the “SEC”) declared the registration statement relating to these securities effective on September 19, 2018.  The offering was made only by means of a prospectus.  Copies of the final prospectus relating to the offering may be obtained from Keefe, Bruyette & Woods, Inc., Attention: Equity Capital Markets, 787 Seventh Avenue, 4th Floor, New York, NY 10019, or by calling 1-800-966-1559, or from Stephens Inc., 111 Center Street, Little Rock, Arkansas 72201, Attention: Syndicate, or by calling 1-800-643-9691. Copies of the registration statement relating to these securities and the final prospectus may also be obtained free of charge from the website of the SEC at http://www.sec.gov.

About Bank7 Corp.

Bank7 Corp. is the bank holding company for Bank7, an Oklahoma chartered bank headquartered in Oklahoma City, Oklahoma, which operates seven full-service branches in Oklahoma, the Dallas/Fort Worth metropolitan area, and Kansas.  Bank7 focuses on serving business owners and entrepreneurs by delivering fast, consistent and well-designed banking solutions.  As of June 30, 2018, Bank7 Corp. had total assets of $727.6 million, total loans of $589.3 million, total deposits of $641.8 million and total shareholders’ equity of $77.6 million.

Cautionary Statement Regarding Forward-Looking Information

This press release contains forward-looking statements. These forward-looking statements reflect Bank7 Corp.’s current views with respect to, among other things, the commencement and completion of the initial public offering of its common stock. Any statements about Bank7 Corp.’s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipate,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends” and similar words or phrases. Bank7 Corp. cautions that the forward-looking statements in this press release are based largely on Bank7 Corp.’s expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond Bank7 Corp.’s control. Actual results, performance or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements. Any forward-looking statements presented herein are made only as of the date of this press release, and Bank7 Corp. does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, new information, the occurrence of unanticipated events, or otherwise, except as required by law.

GlobeNewswire is one of the world’s largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Photography by Libby Greene/Nasdaq, Inc.

Various Northwest Oklahoma fire departments accepted a $29,000 donation from Bank7 Woodward after fires devastated the area this spring.  Bank7 representatives pictured are (from left to right) Misty Thompson, Connie Rolen, Teri Allen, Tina Stocking, Doug Haines, and Frank Meyer.  (Photo credit – Johnny McMahan, Woodward News)

Bank7 was recently ranked #13 of Top Performing Community Banks in the U.S. by S&P Global Market Intelligence.  4,383 other banks with assets under $1 billion were ranked using six metrics (see linked article for more analysis) and Bank7 was once again ranked in top 100 for the seventh year straight, four of those years landing in the top 5.

Read Full Article Here

Bank7 Woodward employees participated in the Technical Application Program (TAP) at High Plains Technology Center on March 7th, 2018.  Approximately 90-100 students attended the 2 hour classes focused on the basics of banking, drawing interest, applying for loans, as well as new online and mobile technologies.

The TAP program is new this year and aims to help students learn hands-on skills through project based learning, possibly inspiring an interest in different industries.  The instructors surround each of their learning concepts around a project that is applicable to real life applications.

Photo courtesy of High Plains Tech

Bank7 employees from Oklahoma City recently participated in the Walk for Wishes event raising money for Oklahoma’s Make-A-Wish® Foundation.  The program grants wishes for children with terminal diseases.  The walk raised almost $70,000!

Expanding on its already proven success, Bank7 has opened a new full service branch in Irving, TX.  With so much opportunity in the DFW area, the company is excited to add a location to better serve the rapidly growing customer base originating from the Loan Production Office in North Dallas.

The branch is located at 6460 N. MacArthur Blvd. in Irving.  Call 469-351-8700 for more information.

Bank7 is an Oklahoma based full service community bank headquartered in Oklahoma City.  Bank7 has 8 locations in Oklahoma, Kansas, and Texas.

Full story to come.

Several years ago in the ultimate act of kindness, Lanai (Williams) Berg donated her kidney to her best friend.

Read the amazing and brave story here from lifeshareoklahoma.org.

Bank7 staff members donated their time Saturday, Apr. 1st at The Regional Food Bank of Oklahoma.  The Regional Food Bank of Oklahoma is a member of the Feeding America network of Food Banks, it is the largest private domestic hunger-relief charity in the state – providing enough food to feed more than 126,000 hungry Oklahomans every week, 37 percent of which are children.

Bank7 OKC and its employees donated toys for 38 kids to OK FOSTER WISHES this holiday season.  Happy Holidays everyone!

Bank7 Woodward won the Battle of the Banks Blood Drive for the OBI.  26 people donated blood which impacts 78 patients in Oklahoma! Thank you to everyone who donated!

Bank7 recently donated $4,000 to Woodward Public Schools to purchase a new copier for the middle school.  Budget cuts in public education have been a common theme and Bank7 was happy to partner with WPS to meet the needs of the school system.

Bank7 is aware of the growing number of internet-related fraudulent schemes known as “phishing”. It is important that Bank7 customers avoid such schemes by understanding what to look for in a potential fraudulent email.

• Bank7’s web page should never be accessed from a link provided by a third party. It should only be accessed by typing the web site name, or URL address, into the web browser or by using a “book mark” that directs the web browser to the Bank7 web site or its affiliate Internet Banking or Bill Pay site pages.
• Bank7 will not be sending email messages that request confidential information, such as account numbers, passwords, or PINs. Bank7’s customers are reminded to report any such requests to Bank7.
• If you get an email or pop-up message that asks for personal or financial information, do not reply. And don’t click on the link in the message, either. Legitimate companies don’t ask for this information via email. If you are concerned about your account, contact Bank7 using a telephone number you know to be genuine, or open a new Internet browser session and type in Bank7’s correct Web address yourself. In any case, don’t cut and paste the link from the message into your Internet browser, phishers can make links look like they go to one place, but that actually send you to a different site.
• Don’t email personal or financial information. Email is not a secure method of transmitting personal information. If you initiate a transaction and want to provide your personal or financial information through an organization’s website, look for indicators that the site is secure, like a lock icon on the browser’s status bar or a URL for a website that begins “https:” (the “s” stands for “secure”). Unfortunately, no indicator is foolproof; some phishers have forged security icons.

With over 55,000 surcharge-free ATM’s worldwide, the Allpoint Network and Bank7 have teamed up to give Bank7 customers more access to surcharge-free ATMs.

To find a surcharge-free Allpoint ATM near you please click the button below:

Want to find a Bank7 surcharge-free ATM while on the go?  Call 800-976-4917 or
download the Allpoint Network Mobile App for your web-enabled cell phone.