Parent-only Financial Statements (Tables)

12 Months Ended

Dec. 31, 2025

Balance Sheets
	December 31,
Assets	2025		2024

Cash and due from banks	$	40	$	40
Investment in bank subsidiary		249,944		212,162
Dividends receivable		2,555		2,254
Goodwill		1,011		1,011

Total assets	$	253,550	$	215,467

Liabilities and Shareholders’ Equity

Dividends payable	$	2,555	$	2,254
Other liabilities		-		-

Total liabilities		2,555		2,254

Total shareholders’ equity		250,995		213,213

Total liabilities and shareholders’ equity	$	253,550	$	215,467

Statements of Comprehensive Income	For the Years Ended December 31,
	2025		2024		2023
Income
Dividends from subsidiary bank	$	9,643	$	8,379	$	6,790

Total income		9,643		8,379		6,790

Expense
Other		-		-		-

Total expense		-		-		-

Income and equity in undistributed net income of bank subsidiary		9,643		8,379		6,790
Equity in undistributed net income of bank subsidiary		33,426		37,319		21,485

Income before Taxes		43,069		45,698		28,275
Income tax expense		-		-		-

Net Income Available to Common Shareholders	$	43,069	$	45,698	$	28,275

Other Comprehensive Income
Equity in other comprehensive income of subsidiary	$	2,425	$	1,174	$	3,158
Other comprehensive gain	$	2,425	$	1,174	$	3,158
Comprehensive Income	$	45,494	$	46,872	$	31,433

Statements of Cash Flows	For the Years Ended December 31,
	2025			2024			2023
Operating Activities
Net income	$	43,069		$	45,698		$	28,275
Items not requiring (providing) cash
Equity in undistributed net income		(33,426	)		(37,319	)		(21,485	)

Changes in
Other current assets and liabilities		(302	)		(324	)		(725	)

Net cash provided by operating activities		9,341			8,055			6,065

Financing Activities
Common stock issued, net of offering costs		1			2			1
Dividends paid		(9,342	)		(8,057	)		(6,323	)

Net cash used in financing activities		(9,341	)		(8,055	)		(6,322	)

Increase (Decrease) in Cash and Due from Banks		-			-			(257	)

Cash and Due from Banks, Beginning of Period		40			40			297

Cash and Due from Banks, End of Period	$	40		$	40		$	40

Supplemental Disclosure of Cash Flows Information
Dividends declared and not paid	$	2,555		$	2,254		$	1,932

Bank7 Corp. 10-K