--- title: "Bank7 | 10-K: FY2025 Revenue: USD 137.26 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/283977592.md" datetime: "2026-04-24T10:07:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283977592.md) - [en](https://longbridge.com/en/news/283977592.md) - [zh-HK](https://longbridge.com/zh-HK/news/283977592.md) --- # Bank7 | 10-K: FY2025 Revenue: USD 137.26 M Revenue: As of FY2025, the actual value is USD 137.26 M. EBIT: As of FY2025, the actual value is USD -31.11 M. ### Overall Financial Condition (as of December 31, 2025) - **Total Assets**: $1.96 billion - **Total Loans**: $1.61 billion - **Total Deposits**: $1.70 billion - **Total Shareholders’ Equity**: $251.0 million ### 2025 Performance Highlights (Year Ended December 31, 2025 vs. 2024) - **Total Loans**: Increased by $209.0 million (15.0%) to $1.61 billion . - **Total Deposits**: Increased by $185.4 million (12.2%) to $1.70 billion . - **Income Before Taxes**: $56.8 million, a decrease of - $3.6 million (-6.0%) from $60.4 million in 2024 . - **Pre-Tax Return on Average Assets**: 3.12% in 2025, down from 3.50% in 2024 . - **Pre-Tax Return on Average Equity**: 24.39% in 2025, down from 31.41% in 2024 . - **Tax-Adjusted Return on Average Assets**: 2.37% in 2025, down from 2.65% in 2024 . - **Tax-Adjusted Return on Average Equity**: 18.51% in 2025, down from 23.78% in 2024 . - **Efficiency Ratio**: 40.24% in 2025, compared to 37.90% in 2024 . ### Net Interest Income and Net Interest Margin - **Year Ended December 31, 2025**: - Net interest income: $87.873 million . - Net interest spread: 3.99% . - Net interest margin: 4.94% . - Total interest income on loans decreased - $1.9 million (-1.6%) to $117.5 million . - Yields on interest-earning assets were 7.24%, a decrease of 55 basis points . - Interest income on short-term investments increased $594,000 (6.4%) to $9.9 million . - Interest expense on interest-bearing deposits decreased - $4.5 million (-9.8%) to $40.9 million, with the cost of interest-bearing deposits decreasing to 3.25% . - **Year Ended December 31, 2024**: - Net interest income: $86.195 million . - Net interest spread: 3.81% . - Net interest margin: 5.11% . - Total interest income on loans increased $9.6 million (8.7%) to $119.4 million . - Yields on interest-earning assets were 7.79%, an increase of 48 basis points . - Interest income on short-term investments increased $740,000 (8.6%) to $9.3 million . - Interest expense on interest-bearing deposits increased $6.3 million (16.3%) to $45.3 million, with the cost of interest-bearing deposits increasing to 3.98% . ### Noninterest Income (Year Ended December 31, 2025 vs. 2024) - Mortgage lending income increased $956,000 (258.38%) to $1.326 million . - Gain (Loss) on sales, prepayments, and calls of available-for-sale debt securities was - $10,000, a decrease of - $4,000 (66.67%) . - Service charges on deposit accounts decreased - $34,000 (-3.49%) to $941,000 . - Other noninterest income decreased - $3.669 million (-37.00%) to $6.246 million, primarily due to income from oil and gas assets acquired in Q4 2023 . ### Noninterest Expense (Year Ended December 31, 2025 vs. 2024) - Total noninterest expense increased $1.8 million (4.9%) to $38.9 million . - Salaries and employee benefits increased $1.9 million (8.9%) to $22.6 million . ### Provision for Credit Losses - **Year Ended December 31, 2025**: Provision for credit losses was $700,000, an increase from $0 in 2024, reflecting routine adjustments for loan growth . - **Year Ended December 31, 2024**: Provision for credit losses was $0 . ### Allowance for Credit Losses - **As of December 31, 2025**: $19.4 million . - **As of December 31, 2024**: $17.9 million . - **Allowance as a percentage of loans**: 1.21% (2025), 1.28% (2024) . - **Net recoveries (charge-offs) to average loans**: 0.05% (2025), -0.13% (2024) . ### Loan Portfolio Segmentation (as of December 31, 2025) - **Gross Loans**: $1.609 billion . - Construction & development: $224.566 million (14.0%) . - 1-4 family real estate: $126.122 million (7.8%) . - Commercial real estate - other: $587.597 million (36.5%) . - Commercial & industrial: $567.280 million (35.2%) . - Agricultural: $90.908 million (5.7%) . - Consumer: $12.894 million (0.8%) . - **Loan Maturities**: Approximately 37% of gross loans mature within one year . ### Nonperforming Assets - **Nonaccrual loans**: $6.460 million (2025), $7.170 million (2024) . - **Accruing loans 90+ days past due**: $0 (2025, 2024) . - **Total Nonperforming Assets**: $6.460 million (2025), $7.170 million (2024) . - **Ratio of nonperforming loans to total loans**: 0.40% (2025), 0.51% (2024) . - **Ratio of nonperforming assets to total assets**: 0.33% (2025), 0.41% (2024) . - **Substandard loans**: $7.9 million (2025), a decrease of $7.3 million from 2024 . ### Deposits (as of December 31, 2025) - **Total Deposits**: $1.70 billion . - Noninterest-bearing demand: $341.416 million (20.07%) . - Interest-bearing transaction deposits: $1.023 billion (60.17%) . - Savings deposits: $92.604 million (5.44%) . - Time deposits (less than $250,000): $147.263 million (8.66%) . - Time deposits ($250,000 or more): $96.225 million (5.66%) . - **Brokered deposits**: $205.6 million (2025), $225.5 million (2024) . - **Uninsured deposits**: $391.7 million (23.2% of total deposits) in 2025, $354.2 million (23.4% of total deposits) in 2024 . ### Capital Requirements (as of December 31, 2025) - Bank7 Corp. and Bank7 exceeded all regulatory capital requirements under Basel III and were considered “well-capitalized” . - **Bank Total Capital to Risk-Weighted Assets**: 15.25% (minimum well-capitalized: 10.00%) . - **Bank Tier 1 Capital to Risk-Weighted Assets**: 14.09% (minimum well-capitalized: 8.00%) . - **Bank CET1 Capital to Risk-Weighted Assets**: 14.09% (minimum well-capitalized: 6.50%) . - **Bank Tier 1 Capital to Average Assets**: 12.82% (minimum well-capitalized: 5.00%) . ### Contractual Obligations (as of December 31, 2025) - **Total Contractual Obligations**: $1.703 billion . - Deposits without a stated maturity: $1.457 billion (due within one year) . - Time deposits: $243.488 million ($219.214 million due within one year) . - Operating lease commitments: $2.146 million ($621,000 due within one year) . ### Off-Balance Sheet Arrangements (as of December 31, 2025) - **Commitments to extend credit**: $324.748 million . - **Standby letters of credit**: $19.540 million . - **Total**: $344.288 million . ### Outlook and Guidance Bank7 Corp. expects to continue paying quarterly dividends of $0.27 per share, subject to financial conditions, capital levels, and economic factors . The company actively manages maturing assets and liabilities to mitigate interest rate changes on net interest margin . Management believes its underwriting and monitoring practices are sufficient for commercial real estate concentration risks, even when approaching or exceeding regulatory guidance . ### Related Stocks - [BSVN.US](https://longbridge.com/en/quote/BSVN.US.md) ## Related News & Research - [The anything-goes era in private-credit lending is coming to an end](https://longbridge.com/en/news/288790940.md) - [Mark Roach Joins Pinnacle Bank as Executive Vice President, Senior Lending Officer | PBNK Stock News](https://longbridge.com/en/news/288748198.md) - [Dear KLA Stock Fans, Mark Your Calendars for June 12](https://longbridge.com/en/news/289203222.md) - [Fixed deposits, liquid funds and debt funds: What's the difference](https://longbridge.com/en/news/288812020.md) - [COFIDES grants Irisbond EUR 1.2 million loan from Social Impact Fund](https://longbridge.com/en/news/289302630.md)