Bank7 Corp
For the period ended Dec 31, 2024. Filed Mar 12, 2025.
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FY2024 · Filed Mar 12, 2025
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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Consolidated Balance Sheets at December 31, 2024 and 2023
(Dollar amounts in thousands, except par value)
| December 31, | ||
|---|---|---|
| Assets | 2024 | 2023 |
| Cash and due from banks | $234,196 | $181,042 |
| Interest-bearing time deposits in other banks | 6,719 | 17,679 |
| Available-for-sale debt securities | 59,941 | 169,487 |
| Loans, net of allowance for credit losses of $17,918 and $19,691 at December 31, 2024 and December 31, 2023, respectively | 1,379,465 | 1,341,148 |
| Loans held for sale | - | 718 |
| Premises and equipment, net | 18,137 | 14,942 |
| Nonmarketable equity securities | 1,283 | 1,283 |
| Core deposit intangibles | 878 | 1,031 |
| Goodwill | 8,458 | 8,458 |
| Interest receivable and other assets | 30,731 | 35,878 |
| Total assets | $1,739,808 | $1,771,666 |
| Liabilities and Shareholders’ Equity | ||
| Deposits | ||
| Noninterest-bearing | $313,258 | $482,349 |
| Interest-bearing | 1,202,213 | 1,109,042 |
| Total deposits | 1,515,471 | 1,591,391 |
| Income taxes payable | 77 | 302 |
| Interest payable and other liabilities | 11,047 | 9,647 |
| Total liabilities | 1,526,595 | 1,601,340 |
| Shareholders’ equity | ||
| Common stock, $0.01 par value; 50,000,000 shares authorized; shares issued and outstanding: 9,390,211 and 9,197,696 at December 31, 2024 and December 31, 2023, respectively | 94 | 92 |
| Additional paid-in capital | 101,809 | 97,417 |
| Retained earnings | 116,281 | 78,962 |
| Accumulated other comprehensive loss | (4,971) | (6,145) |
| Total shareholders’ equity | 213,213 | 170,326 |
| Total liabilities and shareholders’ equity | $1,739,808 | $1,771,666 |
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