Bank7 Corp., a bank holding company based in Oklahoma City, reported significant financial results for the fiscal year ending December 31, 2025, with total assets reaching $1.96 billion, a 12.9% increase from $1.74 billion in 2024. The company’s total loans increased by 15% to $1.61 billion, while total deposits rose by 12.2% to $1.70 billion. However, income before taxes decreased by 6% to $56.8 million, down from $60.4 million in the previous year. The pre-tax return on average assets and return on average equity were reported at 3.12% and 24.39%, respectively, compared to 3.50% and 31.41% in 2024.
The company experienced a notable increase in its provision for credit losses, which rose to $700,000 from zero in 2024, reflecting the growth in its loan portfolio. The allowance for credit losses stood at $19.4 million, representing 1.21% of total loans. This increase was attributed to the company's assessment of potential credit risks associated with its expanded loan portfolio, particularly in light of economic conditions affecting borrowers.
Strategically, Bank7 Corp. has focused on organic growth and enhancing its product offerings. The company operates twelve full-service branches across Oklahoma, Texas, and Kansas, and has plans to selectively expand its presence in key markets. In 2023, Bank7 acquired oil and natural gas properties for $15.1 million, which contributed to its diversification strategy. The company also reported a commitment to improving its internet and mobile banking services to remain competitive.
Operationally, Bank7 Corp. had 125 full-time employees as of December 31, 2025, and emphasized the importance of maintaining a strong corporate culture and investing in employee development. The company’s customer base has shown growth, with a focus on business owners and entrepreneurs. However, the company also noted challenges related to its internal controls, identifying material weaknesses in areas such as deposit operations and financial statement disclosures, which management is actively working to remediate.
Looking ahead, Bank7 Corp. remains optimistic about its growth trajectory, although it acknowledges the potential impact of economic conditions on its operations. The company is committed to maintaining its capital ratios above regulatory requirements, with a well-capitalized status as of December 31, 2025. The management's forward-looking statements indicate a focus on disciplined growth and enhancing shareholder value while navigating the complexities of the current economic landscape.
About Bank7 Corp.
Bank7 Corp. is a bank holding company operating through its subsidiary, Bank7, which provides full-service commercial and retail banking across twelve branches in Oklahoma, Texas, and Kansas. It focuses on serving business owners and entrepreneurs with commercial real estate, hospitality, energy, and industrial loans, alongside consumer lending and deposit products. The company emphasizes deep customer relationships, disciplined credit practices, cost-efficient branch operations, and technology-driven service delivery within regional markets.
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