Bank7 Corp. Q1 2022 net income $6.2M (+21.2% YoY); EPS $0.68 vs $0.56

Bank7 Corp.

2022-Q1 EPS reported $0.67

Net income $6.2M vs $5.1M (+21.2%); diluted EPS $0.68 vs $0.56 a year ago.
Total assets $1.42B (+35.9% YoY); total loans $1.06B (+23.3%); total deposits $1.28B (+38.1%).
Net interest margin 4.43% (down from 5.12% YoY); pre-tax pre-provision earnings best in class per CEO.
All capital ratios exceed well-capitalized; Tier 1 leverage 9.27% at company level.
Loan growth includes $110M from Dec 2021 Cornerstone Bank acquisition; organic growth continues.

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