Overview / Commentary
Bank7 is headquartered in OKLAHOMA CITY and is the 13th largest bank in the state of Oklahoma. It is also the 667th largest bank in the nation. It was established in 1901 and as of June of 2024, it had grown to 127 employees at 12 locations. Bank7 has an A+ health rating.
Related Posts
11/15 - Hi-Yield Savings+ Money Market Lose Again
9/24 - Bank7 Joins The Downturn Losing .15 On Their Savings
7/23 - Another Savings Drop Bank7 Dropped Their Saving To 2.15
2/16 - Bank 7 Raises Online Money Market and Savings Rates
2/15 - 2.35% Online Savings
2/15 - Bank 7 Has Increased Rate For Money Market
9/24 - Bank7 Joins The Downturn Losing .15 On Their Savings
7/23 - Another Savings Drop Bank7 Dropped Their Saving To 2.15
2/16 - Bank 7 Raises Online Money Market and Savings Rates
2/15 - 2.35% Online Savings
2/15 - Bank 7 Has Increased Rate For Money Market
Health
A+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4147 |
| Year Established | 1901 |
| Employees | 127 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.62% |
| Return on Equity - YTD | 25.42% |
| Annual Interest Income | $65.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $1.68B$1.68B |
| Loans | Q2 2024vs Q2 2023 | $1.33B$1.26B |
| Deposits | Q2 2024vs Q2 2023 | $1.48B$1.51B |
| Equity Capital | Q2 2024vs Q2 2023 | $189.8MM$160.7MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $17.8MM$16.4MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $6.7MM$17.3MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $321K$0 |
