1/28/2022

speaker
Operator
Conference Operator

Good day and welcome to Bank7Corp's fourth quarter and four-year earnings call. Before we get started, I would like to highlight the legal information and disclaimer on page 21 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 these 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 risk, 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 Mr. Brad Haynes, Chairman, Tom Travis, President and CEO, J.T. Phillips, Chief Operating Officer, and Jason Estes, Chief Credit Officer. With that, I'll turn the call over to Mr. Tom Travis. Please go ahead.

speaker
Tom Travis
President and CEO

Thank you. Welcome, everyone, to the call. We were very pleased to report record earnings for the company. We had, for those of you that have been part of our merry band for a while, we had a lot going on in the last quarter of the year. We were successful in closing on our acquisition on about 23 days before the end of the year. We're excited about that. The acquisition went down really well and we remain confident of our prior guidance and numbers relative to that acquisition. I would say as we sit here seven weeks later, eight weeks later, it's going well. The next big thing with the acquisition will be the computer conversion in June, and we don't expect any issues there. So it looks good. So we were busy in the fourth quarter. In spite of that, we were able to continue moving forward with the organic growth of the company, and we're just really pleased at accomplishing so much and reporting those record profits. We also had an event that closed the same day as the acquisition. That was the registration and the sale of about 1.1 million shares. So that effect would basically put a little bit more volume out there on the market. So all in all, positive. We look forward to 2022 and we'll open it up for questions.

speaker
Operator
Conference Operator

Thank you. We will now begin the question and answer session. To ask a question, you may press star then 1 on your telephone keypad. If you're using a speakerphone, please pick up your handset before pressing the keys. And to withdraw your question, please press star then 2. And at this time, we'll pause momentarily while we assemble our roster. And the first question will come from Nathan Race with Piper Sandler.

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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