Bank7 Q3 2022 record net income $8.04M ($0.87 diluted EPS), total loans up 7% QoQ to $1.23B

Bank7 Corp.

2022-Q3 EPS reported $2.31

Net income of $8.04M (+14.5% QoQ); diluted EPS $0.87 vs $0.76 in Q2 2022.
Total loans $1.23B (+7.0% QoQ); core loans (ex-PPP) increased $88.1M or 7.71%.
Net interest margin 5.04% (flat vs Q3 2021); net interest spread 4.99%.
Total assets $1.58B (+6.3% QoQ); Tier 1 leverage ratio 9.01%, well-capitalized.
CEO cited strong organic loan growth and asset-sensitive balance sheet; focused on organic growth and strategic M&A.

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