Bank7 Corp. · NASDAQ:BSVN
Bank7 — Q4 2018 Earnings Presentation
16 slides from Bank7's earnings presentation, Jan 30, 2019
Slide 1: Earnings Release January 30, 2019
EARNINGS RELEASE January 30, 2019
Slide 2: Legal Information and Disclaimer
Legal Information and Disclaimer This presentation and oral statements made regarding the subject of this presentation contain forward-looking statements. These forward-looking statements are subject to significant uncertainties because they are based upon: the amount and timing of future changes in
Slide 3: Corporate Overview
Corporate Overview NASDAQ: BSVN December 31, 2018 Assets $771 million Loans $600 million Deposits $676 million One of the Top Performing Community Banks in the United States(1)Track Record of Industry Leading Profitability and Expense ControlIntense Focus on Underwriting Process and Asset QualitySca
Slide 4: Fourth Quarter & Full Year Accomplishments
Fourth Quarter & Full Year Accomplishments Record pre-tax Income Net Interest Margin Expansion Continued Organic Growth Operational Excellence For the quarter ended December 31, 2018, NIM (excluding loan fee income) increased to 4.85%, up from 4.51% for the same period in 2017.For the year ended Dec
Slide 5: Record pre-tax quarterly income for Q4 2018
Bank7 Corp. reports record pre-tax quarterly income for Q4 2018 For the Year EndedDecember 31, 2018 Net Income & EPS (2) Dollars are in millions, except earnings per share. Financial data is as of or for the twelve months ended December 31 of each respective year.Tangible shareholders’ equity and ta
Slide 6: Historical Performance
Historical Performance Return on Average Assets (1) Return on Average Tangible Common Equity (1) Dollars are in millionsFinancial data is as of or for the twelve months ended December 31 of each respective year.Profitability metrics are tax adjusted as if the Company were a C Corporation at the esti
Slide 7: Balance Sheet and Earnings Growth
December 31, 2017 December 31, 2018 Annual growth Balance Sheet and Earnings Growth Dollars are in millions, except earnings per share.Financial data is as of or for the twelve months ended December 31 of each respective year.Net income is tax adjusted as if the Company were a C Corporation at the e
Slide 8: Net Interest Margin
Net Interest Margin Financial data is as of or for the twelve months ended December 31 of each respective year. Net Interest Margin Management’s discipline to keep an asset sensitive balance sheet has enabled net interest margin to continue to expand due to a rising rate environment.Net interest mar
Slide 9: Loan/Deposit Beta
Loan/Deposit Beta Financial data is as of or for the twelve months ended December 31 of each respective year.(1) Net interest margin is the amount of net interest income, including loan fee income, supported by daily Avg. earning assets for the period presented.(2) Net interest margin is the amount
Slide 10: Asset Quality
Allowance for Loan Losses to Total Loans Nonperforming Assets to Loans and OREO Asset Quality Net Charge-Offs to Average Loans Financial data is as of or for the twelve months ended December 31 of each respective year. Asset quality remains strong.We continue to maintain a strong loan loss reserve.Q
Slide 11: Diversified Loan Portfolio
Diversified Loan Portfolio Dollars are in millions. Data as of December 31, 2018. Gross Loan Portfolio Composition by Purpose Type 10
Slide 12: Deposit Composition
Deposit Composition Historical Deposit Growth Compound Annual Growth Rate = 12.1% Deposit Composition as of December 31, 2018 Our Deposit StrategyGather deposits from commercial clients through a suite of targeted deposit offerings, including a variety of remote deposit and cash management products.
Slide 13: Appendix
BANE | Appendix
Slide 14: Bank7 Corp. Financials
Bank7 Corp. Financials Net income and earnings per share are tax adjusted as if the Company were a C Corporation at the estimated tax rates for the respective periods. EPS calculation is based on diluted shares. Combined federal and state effective tax rates for 2017 and 2018 were 40.0% and 22.2%, r
Slide 15: Bank7 Corp. Financials
Bank7 Corp. Financials Return on average assets and shareholders’ equity are tax adjusted as if the Company were a C Corporation at the estimated tax rates for the respective periods.Efficiency ratio is calculated by dividing noninterest expense by the sum of net interest income on a tax equivalent
Slide 16: Non-GAAP Reconciliations
Non-GAAP Reconciliations 15