---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-004137"
form_type: "8-K"
ticker: "BSVN"
cik: "0001746129"
company_name: "Bank7 Corp."
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T15:59:52.540676+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bank7 Q4 net income plunges 87% to $1.1M on $15.5M provision for one large credit

## Summary
- Q4 EPS $0.12 (diluted) vs $0.91 YoY; full-year EPS $3.05 vs $3.22.
- Q4 provision for credit losses surged to $15.5M from $1.6M; CEO cites one large credit.
- Full-year pre-provision earnings (PPE) rose 33% to a record $58.4M; net interest margin 4.97%.
- Total deposits grew 11% YoY to $1.59B; adjusted uninsured deposits covered 1.75x by liquidity.
- Bank remains well-capitalized: Tier 1 leverage 9.54%, CET1 11.49%, debt-free balance sheet.

## SEC filing metadata
- accession: 0001140361-24-004137
- form_type: 8-K
- ticker: BSVN
- cik: 0001746129
- company_name: Bank7 Corp.
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1746129/000114036124004137/0001140361-24-004137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1746129/000114036124004137/ef20019967_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-004137
- JSON: https://secwatch.observer/filing/0001140361-24-004137.json
- Plain text: https://secwatch.observer/filing/0001140361-24-004137.txt

## Key facts
- Earnings Releases
  Bank7 Corp. reported the quarter and year ended December 31, 2023 results: net income Net income of $1.1 million compared to $8.4 million, a decrease of 87.24%, EPS Earnings per share of $0.12 compared to $0.91, a decrease of 87.36%.
  - Period: the quarter and year ended December 31, 2023
  - Net income: Net income of $1.1 million compared to $8.4 million, a decrease of 87.24%
  - EPS: Earnings per share of $0.12 compared to $0.91, a decrease of 87.36%
  - Result: reported results
  source text: Bank7 Corp. Announces Q4 2023 and Full Year Earnings Oklahoma City, January 29, 2024 – Bank7 Corp. (NASDAQ: BSVN) (“the Company”), the parent company of Oklahoma City-based Bank7 (the “Bank”), today reported unaudited results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1746129/000114036124004137/0001140361-24-004137-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.