Exhibit 99.1

FOR IMMEDIATE RELEASE: Bank7 Corp. Announces 4Q and Full Year 2020 Earnings

Oklahoma City, OK, January 29, 2021 – Bank7 Corp. (NASDAQ: BSVN) ("the Company"), the parent company of Oklahoma City-based Bank7 (the "Bank"), today reported unaudited results for the fiscal quarter and year ended December 31, 2020. “We are pleased to report continued strength in our asset quality and liquidity components, and also to report a record level of PPE for our Company. Strong PPE enabled us to make meaningful increases to our ALLL, repurchase shares at a discount to book value, and increase our cash dividend, all while maintaining higher levels of capital compared to the industry mean. We benefit from the strong economy in our region, and feel positive about our future; nonetheless, there is still much uncertainty and business activity is somewhat muted, therefore we will continue to use caution moving forward,” said Thomas L. Travis, President and CEO of the Company.

Three months ended December 31, 2020 compared to three months ended December 31, 2019:

Pre-tax, pre-provision earnings of $8.4 million, an increase of 31.60%

Interest income on loans, including loan fee income, totaled $13.2 million, an increase of 7.18%

Cost of funds of 0.51%, a decrease of 59.53%

Efficiency ratio of 35.13%, compared to 41.74%

For the year ended December 31, 2020 compared to the year ended December 31, 2019:

Pre-tax, pre-provision earnings of $31.2 million, an increase of 16.25%, excluding the one-time, non-cash executive stock transaction expense in Q3 2019.

Interest income on loans, including loan fee income, totaled $52.4 million, an increase of 8.82%

Cost of funds of 0.73%, a decrease of 46.71%

Total assets of $1.0 billion, an increase of 17.35%

Total loans of $824.1 million, an increase of 18.23%

Total deposits of $905.5 million, an increase of 19.54%

Both the Bank’s and the Company’s capital levels continue to be significantly above the minimum levels required to be designated as “well-capitalized” for regulatory purposes. On December 31, 2020, the Bank’s Tier 1 leverage ratio, Tier 1 risk based capital ratio, and total risk-based capital ratios were 10.78%, 13.51%, and 14.75% respectively. On December 31, 2020, on a consolidated basis, the Company’s Tier 1 leverage ratio, Tier 1 risk based capital ratio, and total risk-based capital ratios were 10.77%, 13.50%, and 14.73% respectively. Designation as a well-capitalized institution under regulations does not constitute a recommendation or endorsement by bank regulators.

Pre-tax, pre-provision earnings is defined as income before taxes and provision for loan losses. We believe the most directly comparable GAAP financial measure is income before taxes. Disclosure of this measure enables you to compare our operations to those of other banking companies before consideration of taxes and provision expense. We calculate our tax-adjusted net income, return on average assets, and return on average equity, and per share amounts by using a combined effective tax rate for federal and state income taxes of 25.6% and 45.4% in 2020 and 2019, respectively. We acknowledge that our non-GAAP financial measures have a number of limitations. As such, you should not view these disclosures as a substitute for results determined in accordance with GAAP, and they are not necessarily comparable to non-GAAP financial measures that other banking companies use. Other banking companies may use names similar to those we use for non-GAAP financial measures we disclose, but may calculate them differently. You should understand how we and other companies each calculate their non-GAAP financial measures when making comparisons. The following reconciliation table provides a more detailed analysis of these non-GAAP financial measures:

	Three months ended December 31,						For the Year ended December 31,
(Dollars in thousands, except per share data)	2020			2019			2020			2019
Loan interest income (excluding loan fees)
Total loan interest income, including loan fee income	$	13,182		$	12,299		$	52,450		$	48,200
Loan fee income		(1,066	)		(944	)		(5,035	)		(4,443	)
Loan interest income excluding loan fee income	$	12,116		$	11,355		$	47,415		$	43,757

Average total loans	$	871,163		$	692,286		$	823,228		$	636,274
Yield on loans (including loan fee income)		6.02	%		7.05	%		6.37	%		7.58	%
Yield on loans (excluding loan fee income)		5.53	%		6.51	%		5.76	%		6.88	%

Pre-tax, pre-provision net earnings
Net income before income taxes	$	6,317		$	6,358		$	25,884		$	15,069
Plus: Provision for loan losses		2,050			-			5,350			-
Pre-tax, pre-provision net earnings	$	8,367		$	6,358		$	31,234		$	15,069

Adjusted provision for income tax
Net income before income taxes	$	6,317		$	6,358		$	25,884		$	15,069
Total effective adjusted tax rate		25.0	%		29.6	%		25.6	%		45.4	%
Adjusted provision for income taxes	$	1,578		$	1,879		$	6,618		$	6,844

Tax-adjusted net income
Net income before income taxes	$	6,317		$	6,358		$	25,884		$	15,069
Adjusted provision for income taxes		1,578			1,879			6,618			6,844
Tax-adjusted net income	$	4,739		$	4,479		$	19,266		$	8,225

Pro Forma Pre-tax, pre-provision net earnings
Net income before income taxes	$	6,317		$	6,358		$	25,884		$	15,069
Plus: Provision loan losses		2,050			-			5,350			-
Plus: Stock Transfer Compensation Expense		-			-			-			11,797
Pro Forma Pre-tax, pre-provision net earnings	$	8,367		$	6,358		$	31,234		$	26,866

Tax-adjusted ratios and per share data
Tax-adjusted net income (numerator)	$	4,739		$	4,479		$	19,266		$	8,225

Average assets (denominator)	$	982,024		$	845,510		$	948,957		$	798,528
Tax-adjusted return on average assets		1.92	%		2.10	%		2.03	%		1.03	%

Average shareholders' equity (denominator)	$	105,283		$	102,691		$	102,359		$	97,430
Tax-adjusted return on average shareholders' equity		17.91	%		17.31	%		18.82	%		8.44	%

Average tangible common equity (denominator)	$	103,675		$	100,872		$	100,675		$	95,537
Tax-adjusted return on average tangible common equity		18.18	%		17.62	%		19.14	%		8.61	%

Weighted average common shares outstanding basic (denominator)		9,066,737			10,057,506			9,378,769			10,145,032
Tax-adjusted net income per common share--basic	$	0.52		$	0.45		$	2.05		$	0.81

Weighted average common shares outstanding diluted (denominator)		9,068,161			10,059,208			9,379,154			10,147,311
Tax-adjusted net income per common share--diluted	$	0.52		$	0.45		$	2.05		$	0.81
Tangible assets
Total assets	$	1,016,669		$	866,392
Less: Goodwill and intangibles		(1,583	)		(1,789	)
Tangible assets	$	1,015,086		$	864,603

Tangible shareholders' equity
Total shareholders' equity	$	107,319		$	100,126
Less: Goodwill and intangibles		(1,583	)		(1,789	)
Tangible shareholders' equity	$	105,736		$	98,337

Tangible shareholders' equity
Tangible shareholders' equity (numerator)	$	105,736		$	98,337
Tangible assets (denominator)	$	1,015,086		$	864,603
Tangible common equity to tangible assets		10.42	%		11.37	%

End of period common shares outstanding		9,044,765			10,057,506
Book value per share	$	11.87		$	9.96
Tangible book value per share	$	11.69		$	9.78
Total shareholders' equity to total assets		10.56	%		11.56	%

	Net Interest Margin Excluding Loan Fee Income
	For the Three Months Ended December 31,
	2020							2019
	Average Balance		Interest Income/ Expense		Average Yield/ Rate			Average Balance		Interest Income/ Expense		Average Yield/ Rate
	(Dollars in thousands)
Interest-earning assets:
Short-term investments⁽¹⁾	$	102,544	$	127		0.49	%	$	143,604	$	674		1.86	%
Investment securities⁽²⁾		1,165		15		5.12			1,073		23		8.50
Loans held for sale		198		—		0.00			289		—		0.00
Total loans⁽³⁾		871,163		12,116		5.53			692,286		11,355		6.51
Total interest-earning assets		975,070		12,258		5.00			837,252		12,052		5.71
Noninterest-earning assets		6,954							8,258
Total assets	$	982,024						$	845,510

Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts	$	409,174		470		0.46	%	$	314,106		1,133		1.43	%
Time deposits		203,842		655		1.28			213,716		1,205		2.24
Total interest-bearing deposits		613,016		1,125		0.73			527,822		2,338		1.76
Other borrowings		—		—		0.00			—		—		0.00
Total interest-bearing liabilities		613,016		1,125		0.73			527,822		2,338		1.76

Noninterest-bearing liabilities:
Noninterest-bearing deposits		258,599							210,986
Other noninterest-bearing liabilities		5,126							4,011
Total noninterest-bearing liabilities		263,725							214,997
Shareholders’ equity		105,283							102,691
Total liabilities and shareholders’ equity	$	982,024						$	845,510

Net interest income excluding loan fee income			$	11,133						$	9,714
Net interest spread excluding loan fee income⁽⁴⁾						4.27	%						3.95	%
Net interest margin excluding loan fee income						4.54	%						4.60	%

	Net Interest Margin With Loan Fee Income
	For the Three Months Ended December 31,
	2020								2019
	Average Balance		Interest Income/ Expense			Average Yield/ Rate			Average Balance			Interest Income/ Expense			Average Yield/ Rate
	(Dollars in thousands)
Interest-earning assets:
Short-term investments⁽¹⁾	$	102,544		$	127		0.49	%		$	143,604		$	674		1.80	%
Investment securities⁽²⁾		1,165			15		5.12				1,073			23		8.50
Loans held for sale		198			—		0.00				289			—		0.00
Total loans⁽³⁾		871,163			13,182		6.02				692,286			12,299		7.05
Total interest-earning assets		975,070			13,324		5.44				837,252			12,996		6.16
Noninterest-earning assets		6,954									8,258
Total assets	$	982,024								$	845,510

Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts	$	409,174			470		0.46	%		$	314,106			1,133		1.43	%
Time deposits		203,842			655		1.28				213,716			1,205		2.24
Total interest-bearing deposits		613,016			1,125		0.73				527,822			2,338		1.76
Other borrowings		—			—		0.00				—			—		0.00
Total interest-bearing liabilities		613,016			1,125		0.73				527,822			2,338		1.76

Noninterest-bearing liabilities:
Noninterest-bearing deposits		258,599									210,986
Other noninterest-bearing liabilities		5,126									4,011
Total noninterest-bearing liabilities		263,725									214,997
Shareholders’ equity		105,283									102,691
Total liabilities and shareholders’ equity	$	982,024								$	845,510

Net interest income including loan fee income				$	12,199								$	10,658
Net interest spread including loan fee income⁽⁴⁾							4.71	%								4.40	%
Net interest margin including loan fee income							4.98	%								5.05	%

(1)	Includes income and average balances for fed funds sold, interest-earning deposits in banks and other miscellaneous interest-earning assets.

(2)	Includes income and average balances for FHLB and FRB stock.

(3)	Non-accrual loans are included in loans.

(4)	Net interest spread is the average yield on interest-earning assets minus the average rate on interest-bearing liabilities.

	Net Interest Margin Excluding Loan Fee Income
	For the Year Ended December 31,
	2020								2019
	Average Balance		Interest Income/ Expense			Average Yield/ Rate			Average Balance			Interest Income/ Expense		Average Yield/ Rate
	(Dollars in thousands)
Interest-earning assets:
Short-term investments⁽¹⁾	$	116,295		$	828		0.71	%		$	151,434	$	3,459		2.28	%
Investment securities⁽²⁾		1,123			36		3.21				1,065		50		4.69
Loans held for sale		244			—		0.00				236		—		0.00
Total loans⁽³⁾		823,228			47,415		5.76				636,274		43,757		6.88
Total interest-earning assets		940,890			48,279		5.13				789,009		47,266		5.99
Noninterest-earning assets		8,067									9,519
Total assets	$	948,957								$	798,528

Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts	$	377,519			2,729		0.72	%		$	295,576		5,057		1.71	%
Time deposits		207,442			3,424		1.65				208,375		4,459		2.14
Total interest-bearing deposits		584,961			6,153		1.05				503,951		9,516		1.89
Other borrowings		—			—		0.00				—		—		0.00
Total interest-bearing liabilities		584,961			6,153		1.05				503,951		9,516		1.89

Noninterest-bearing liabilities:
Noninterest-bearing deposits		256,431									192,562
Other noninterest-bearing liabilities		5,206									4,585
Total noninterest-bearing liabilities		261,637									197,147
Shareholders’ equity		102,359									97,430
Total liabilities and shareholders’ equity	$	948,957								$	798,528

Net interest income excluding loan fee income				$	42,126							$	37,750
Net interest spread excluding loan fee income⁽⁴⁾							4.08	%							4.10	%
Net interest margin excluding loan fee income							4.48	%							4.78	%

	Net Interest Margin With Loan Fee Income
	For the Year Ended December 31,
	2020								2019
	Average Balance		Interest Income/ Expense			Average Yield/ Rate			Average Balance			Interest Income/ Expense			Average Yield/ Rate
	(Dollars in thousands)
Interest-earning assets:
Short-term investments⁽¹⁾	$	116,295		$	828		0.71	%		$	151,434		$	3,459		2.28	%
Investment securities⁽²⁾		1,123			36		3.21				1,065			50		4.69
Loans held for sale		244			—		0.00				236			—		0.00
Total loans⁽³⁾		823,228			52,450		6.37				636,274			48,200		7.58
Total interest-earning assets		940,890			53,314		5.67				789,009			51,709		6.55
Noninterest-earning assets		8,067									9,519
Total assets	$	948,957								$	798,528

Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts	$	377,519			2,729		0.72	%		$	295,576			5,057		1.71	%
Time deposits		207,442			3,424		1.65				208,375			4,459		2.14
Total interest-bearing deposits		584,961			6,153		1.05				503,951			9,516		1.89
Other borrowings		—			—		0.00				—			—		0.00
Total interest-bearing liabilities		584,961			6,153		1.05				503,951			9,516		1.89

Noninterest-bearing liabilities:
Noninterest-bearing deposits		256,431									192,562
Other noninterest-bearing liabilities		5,206									4,585
Total noninterest-bearing liabilities		261,637									197,147
Shareholders’ equity		102,359									97,430
Total liabilities and shareholders’ equity	$	948,957								$	798,528

Net interest income including loan fee income				$	47,161								$	42,193
Net interest spread including loan fee income⁽⁴⁾							4.61	%								4.67	%
Net interest margin including loan fee income							5.01	%								5.35	%

Bank7 Corp.

Consolidated Balance Sheets

Dollars in thousands, except per share data	Unaudited as of
Assets	2020				December 31,
	December 31		September 30		2019

Cash and due from banks	$	153,901	$	60,718	$	117,128
Interest-bearing time deposits in other banks		16,412		23,384		30,147
Loans, net		826,974		869,448		699,458
Loans held for sale		324		315		1,031
Premises and equipment, net		9,151		9,387		9,624
Nonmarketable equity securities		1,172		1,165		1,100
Goodwill and intangibles		1,583		1,634		1,789
Interest receivable and other assets		7,152		7,303		6,115

Total assets	$	1,016,669	$	973,354	$	866,392

Liabilities and Shareholders’ Equity

Deposits
Noninterest-bearing	$	246,569	$	272,008	$	219,221
Interest-bearing		658,945		591,661		538,262

Total deposits		905,514		863,669		757,483

Income taxes payable		9		565		357
Interest payable and other liabilities		3,827		3,890		8,426

Total liabilities		909,350		868,124		766,266

Common stock		90		92		101
Additional paid-in capital		93,162		92,960		92,391
Retained earnings		14,067		12,178		7,634

Total shareholders’ equity		107,319		105,230		100,126

Total liabilities and shareholders’ equity	$	1,016,669	$	973,354	$	866,392

Bank7 Corp.

Consolidated Statements of Income

	Unaudited as of
	Quarter Ended						Year Ended
	2020				2019		2020		2019
Dollars in thousands, except per share data	December 31		September 30		December 31		December 31		December 31
Interest Income
Loans, including fees	$	13,182	$	12,777	$	12,299	$	52,450	$	48,200
Interest-bearing time deposits in other banks		107		123		295		526		1,709
Interest-bearing deposits in other banks		35		26		402		338		1,800

Total interest income		13,324		12,926		12,996		53,314		51,709

Interest Expense
Deposits		1,125		1,325		2,338		6,153		9,516

Total interest expense		1,125		1,325		2,338		6,153		9,516

Net Interest Income		12,199		11,601		10,658		47,161		42,193

Provision for Loan Losses		2,050		1,250		-		5,350		-

Net Interest Income After Provision for Loan Losses		10,149		10,351		10,658		41,811		42,193

Noninterest Income
Secondary market income		41		57		18		175		164
Service charges on deposit accounts		124		104		113		442		392
Other		535		173		126		1,048		752

Total noninterest income		700		334		257		1,665		1,308

Noninterest Expense
Salaries and employee benefits		2,554		2,505		2,473		10,130		21,265
Furniture and equipment		210		224		223		868		829
Occupancy		540		543		520		1,957		1,677
Data and item processing		270		276		264		1,091		1,078
Accounting, marketing and legal fees		198		135		250		536		757
Regulatory assessments		225		164		32		506		126
Advertising and public relations		40		62		239		400		588
Travel, lodging and entertainment		95		50		81		241		368
Other		400		625		475		1,863		1,744

Total noninterest expense		4,532		4,584		4,557		17,592		28,432

Income Before Taxes		6,317		6,101		6,358		25,884		15,069
Income tax expense		1,578		1,661		1,879		6,618		6,844
Net Income	$	4,739	$	4,440	$	4,479	$	19,266	$	8,225

Earnings per common share - basic	$	0.52	$	0.48	$	0.45	$	2.05	$	0.81
Diluted earnings per common share		0.52		0.48		0.45		2.05		0.81
Weighted average common shares outstanding - basic		9,066,737		9,228,128		10,057,506		9,378,769		10,145,032
Weighted average common shares outstanding - diluted		9,068,161		9,228,128		10,059,208		9,379,154		10,147,311

About Bank7 Corp.

We are Bank7 Corp., a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate nine locations in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area and Kansas. We are focused on serving business owners and entrepreneurs by delivering fast, consistent and well-designed loan and deposit products to meet their financing needs. We intend to grow organically by selectively opening additional branches in our target markets as well as pursue strategic acquisitions.

Conference Call

Bank7 Corp. has scheduled a conference call to discuss its first quarter results, which will be broadcast live over the Internet, on Friday, January 29, 2021 at 11:00 a.m. Eastern Time. To participate in the call, dial 1-888-348-6421, or access it live over the Internet at https://www.webcaster4.com/Webcast/Page/2179/39520. For those not able to participate in the live call, an archive of the webcast will be available at https://www.webcaster4.com/Webcast/Page/2179/39520 shortly after the call for 1 year.

Cautionary Statements Regarding Forward-Looking Information

This communication contains a number of forward-looking statements. These forward-looking statements reflect Bank7 Corp.’s current views with respect to, among other things, future events and Bank7 Corp.’s financial performance. Any statements about Bank7 Corp.’s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipate,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends” and similar words or phrases. Any or all of the forward-looking statements in (or conveyed orally regarding) this presentation may turn out to be inaccurate. The inclusion of or reference to forward-looking information in this presentation should not be regarded as a representation by Bank7 Corp. or any other person that the future plans, estimates or expectations contemplated by Bank7 Corp. will be achieved.

These forward-looking statements are subject to significant uncertainties because they are based upon: the amount and timing of future changes in interest rates, market behavior, and other economic conditions; future laws, regulations, and accounting principles; changes in regulatory standards and examination policies, and a variety of other matters. These other matters include, among other things, the impact of COVID-19 on the United States economy and our operations, the direct and indirect effect of economic conditions on interest rates, credit quality, loan demand, liquidity, and monetary and supervisory policies of banking regulators. Bank7 Corp. has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that Bank7 Corp. believes may affect its financial condition, results of operations, business strategy and financial needs. Bank7 Corp.’s actual results could differ materially from those anticipated in such forward-looking statements as a result of risks, uncertainties and assumptions that are difficult to predict. If one or more events related to these or other risks or uncertainties materialize, or if Bank7 Corp.’s underlying assumptions prove to be incorrect, actual results may differ materially from what Bank7 Corp. anticipates. You are cautioned not to place undue reliance on forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made and Bank7 Corp. undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as may be required by law. All forward-looking statements herein are qualified by these cautionary statements.

About Non-GAAP Financial Measures

This communication includes certain non-GAAP financial measures, including tax-adjusted net income, tax-adjusted earnings per share, tax-adjusted return on average assets and tax-adjusted return on average shareholders’ equity. These non-GAAP financial measures and any other non-GAAP financial measures that we discuss in this presentation should not be considered in isolation, and should be considered as additions to, and not substitutes for or superior to, measures of financial performance prepared in accordance with GAAP. There are a number of limitations related to the use of these non-GAAP financial measures versus their nearest GAAP equivalents. For example, other companies may calculate non-GAAP financial measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of Bank7 Corp.’s non-GAAP financial measures as tools for comparison. See the table above in this communication for a reconciliation of the non-GAAP financial measures used in (or conveyed orally during) this communication to their most directly comparable GAAP financial measures.

Contact:

Thomas Travis

President & CEO

(405) 810-8600