Bank7 Corp. (BSVN) Announces William Buergler as a new member of its Board of Directors

Bank7 Corp. (BSVN) Announces William Buergler as a new member of its Board of Directors

OKLAHOMA CITY, OK / Oct 25th, 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 ChiefAccounting 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.


Bank7 Announces Closing of Initial Public Offering

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.


Northwest Oklahoma Fire Department Donation

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 ranked #13 of Top 100 Performing Community Banks in U.S. for 2017

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


Woodward Bank Staff Educate High Plains Students

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


Walk for Wishes

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!


Bank7 opens new branch in Irving, TX

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.


Bank7 Employee Donates Kidney to Best Friend

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.