Bank7 Corp
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 8, 2024
BSVN$59.18+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Shareholders’ Equity
Shareholders’ Equity
(Dollar amounts in thousands, except per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Common Stock (Shares) | ||||
| Balance at beginning of period | 9,238,206 | 9,151,977 | 9,197,696 | 9,131,973 |
| Exercise of employee stock options | 14,750 | 2,125 | 19,001 | 13,862 |
| Shares issued for restricted stock units | 125 | 875 | 51,636 | 14,109 |
| Shares acquired and canceled | (43) | (43) | (15,295) | (5,010) |
| Balance at end of period | 9,253,038 | 9,154,934 | 9,253,038 | 9,154,934 |
| Common Stock (Amount) | ||||
| Balance at beginning of period | $92 | $92 | $92 | $91 |
| Shares issued for restricted stock units | 1 | - | 1 | 1 |
| Balance at end of period | $93 | $92 | $93 | $92 |
| Additional Paid-in Capital | ||||
| Balance at beginning of period | $97,669 | $95,841 | $97,417 | $95,263 |
| Shares purchased and retired for restricted stock units | (1) | (1) | (418) | (133) |
| Exercise of stock options | 265 | 37 | 330 | 241 |
| Stock-based compensation expense | 637 | 621 | 1,241 | 1,127 |
| Balance at end of period | $98,570 | $96,498 | $98,570 | $96,498 |
| Retained Earnings | ||||
| Balance at beginning of period | $88,310 | $65,620 | $78,962 | $58,049 |
| Net income | 11,524 | 9,746 | 22,812 | 19,353 |
| Cumulative effect of change in accounting principle, net of tax of $178 | - | - | - | (572) |
| Cash dividends declared ($0.21 and $0.16 per share for three months ended June 30, 2024 and 2023, respectively; $0.42 and $0.32 per share for the six months ended June 30, 2024 and 2023, respectively) | (1,943) | (1,465) | (3,883) | (2,929) |
| Balance at end of period | $97,891 | $73,901 | $97,891 | $73,901 |
| Accumulated Other Comprehensive Loss | ||||
| Balance at beginning of period | $(5,689) | $(7,547) | $(6,145) | $(9,303) |
| Comprehensive income (loss) | (59) | (1,164) | 397 | 592 |
| Balance at end of period | $(5,748) | $(8,711) | $(5,748) | $(8,711) |
| Total Shareholders’ equity | $190,806 | $161,780 | $190,806 | $161,780 |
Unaudited Condensed Consolidated Statements of
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