Bank7 Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 09:01 am EDT
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Bank7 Corp. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was USD 13.665 million compared to USD 11.929 million a year ago. Net income was USD 6.105 million compared to USD 5.036 million a year ago. Basic earnings per share from continuing operations was USD 0.67 compared to USD 0.54 a year ago. For the half year, net interest income was USD 25.977 million compared to USD 23.361 million a year ago. Net income was USD 11.209 million compared to USD 10.087 million a year ago. Basic earnings per share from continuing operations was USD 1.24 compared to USD 1.05 a year ago.
Bank7 Corp. is a bank holding company. Through its wholly owned subsidiary, Bank7, it operates twelve full-service branches in Oklahoma, Texas, and Kansas. The Bank is a full-service commercial bank. It focuses on the development of deep business relationships with its commercial customers and their principals. Its consumer lending services include residential real estate loans and mortgage banking services, personal lines of credit, loans for the purchase of automobiles, and other installment loans. It focuses on the loan categories, such as commercial real estate lending, hospitality lending, energy lending, and commercial and industrial lending. The Bank offers deposit banking products includes commercial deposit services, commercial checking, money market, and other deposit accounts, and retail deposit services such as certificates of deposit, money market accounts, checking accounts, negotiable order of withdrawal accounts, savings accounts, and automated teller machine access.