Employee Benefits (Tables)

6 Months Ended

Jun. 30, 2020

The following table is a summary of the stock option activity under the Bank7 Corp. 2018 Equity Incentive Plan (dollar amounts in thousands, except per share data):

	Options			Wgtd. Avg. Exercise Price		Wgtd. Avg. Remaining Contractual Term		Aggregate Intrinsic Value
Six Months Ended June 30, 2020
Outstanding at December 31, 2019		163,000		$	18.75
Options Granted		26,500			18.49
Options Exercised		-			-
Options Forfeited		(3,000	)		17.42
Outstanding at June 30, 2020		186,500			18.73		8.45	$	0
Exercisable at June 30, 2020		40,000			18.77		8.28	$	0

Weighted-Average Inputs and Risk-Free Rate of Return Ranges used to Calculate Grant Date Fair Value of Options

The following table shows the assumptions used for computing stock-based compensation expense under the fair value method on options granted during the period presented:

	Six Months Ended
	June 30, 2020			June 30, 2019
Risk-free interest rate		1.71	%		2.48	%
Dividend yield		2.20	%		2.20	%
Stock price volatility		41.27	%		31.14	%
Expected term		7.51			7.01

Restricted Stock Units

The following table summarizes share information about RSUs for the six months ended June 30, 2020:

	Number of Shares		Wgtd. Avg. Grant Date Fair Value
Outstanding at December 31, 2019		104,000	$	19.09
Shares granted		31,000		18.49
Shares settled		-		-
Shares forfeited		-		-
End of the period balance		135,000	$	18.95