4/29/2021

speaker
Conference Operator
Moderator

Welcome to Bank7Corp's first quarter earnings call. Before we get started, I'd like to highlight the legal information and disclaimer on page 19 of the investor presentation. For those who do not have access to the presentation, management is going to discuss certain topics that contain forward-looking information, which is based on management's beliefs as well as assumptions made by and information currently available to management. Although management believes that the expectations reflected in such forward-looking statements are reasonable, they can give no assurance that such expectations will prove to be correct. Such statements are subject to certain risks, uncertainties, and assumptions, including, among other things, the direct and indirect effect of economic conditions on interest rates, credit quality, loan demand, liquidity, and monetary and supervisory policies of banking regulators. Should one or more of these risks materialize or should underlying assumptions prove incorrect, actual results may vary materially from those expected. Also, please note that this conference call contains references to non-GAAP financial measures. You can find reconciliations of these non-GAAP financial measures to GAAP financial measures in an 8K that was filed this morning by the company. Representing the company on today's call, we have Brad Haynes, Chairman, Tom Travis, President and CEO, J.T. Phillips, Chief Operating Officer, Jason Estes, Chief Credit Officer, Kelly Harris, Chief Financial Officer. With that, I'll turn the call over to Tom Travis.

speaker
Tom Travis
President and CEO

Thank you. Welcome to the call. We're pleased to have had another outstanding quarter. The PPE especially was nice to see the increase, almost a double-digit increase rather than regurgitate the numbers, I'm sure you've had time to see them. We're pleased about it. I would just say that the numbers are what they are, and they're good, and they don't happen by accident. And specifically, the banking team has been through quite a lot since January the 1st, and really going back to last year. But specifically, the lending team led by Jason Estes and, of course, Kelly Harris and his group, the PPP and the government stimulus programs and everything that's been going on has been managed very well. And at the same time, the back half of the first quarter, we really saw the economic activity in our region of the country pick up. And so they've done an outstanding job of managing the stimulus programs the work associated with those programs, and at the same time, the banking teams are out and about dealing with the green shoots that are really emerging all around our markets. And so with that being said, we're excited about the rest of the year, and we'll open it up for questions.

speaker
Conference Operator
Moderator

We will now begin the question and answer session. To ask a question, you may press star then one on your touchtone phone. If you are using a speaker phone, please pick up your handset before pressing the key. To withdraw from the question queue, please press star then two. The first question is from Nathan Race of Piper Sandler. Please go ahead.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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