secwatch.observer — SEC 8-K summary
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Issuer:     Bank7 Corp. (BSVN)
CIK:        0001746129
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001140361-23-049593
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank7 Corp Q3 net income $7.9M (-2.3% YoY); credit provision rises on non-accrual loan
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- EPS $0.85 diluted vs $0.87 YoY; adjusted EPS $0.91 excluding $1M interest loss and $3M specific reserve from one credit.
- Net interest income $20.7M, up 8.9% YoY; NIM 4.87% vs 5.04% prior year.
- Record PPE $14.4M (+12.6% YoY); efficiency ratio 33.6% (record low).
- Total loans $1.4B (+12.9% YoY); total deposits $1.59B (+11.5%).
- Company expects additional ACL charge or write-down in Q4 related to the non-accrual relationship.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746129/000114036123049593/0001140361-23-049593-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746129/000114036123049593/ef20013136_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-049593

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