Employee Benefits (Tables)

6 Months Ended

Jun. 30, 2021

Employee Benefits [Abstract]

Stock Options Activity

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, 2021
Outstanding at December 31, 2020		185,250	$	18.73
Options Granted		80,500		14.31
Options Exercised		-		-
Options Forfeited		-		-
Outstanding at June 30, 2021		265,750		17.39		8.08	$	243,720
Exercisable at June 30, 2021		86,307		18.75		7.37	$	3,525

Assumptions Used for Computing Stock-Based Compensation Expense under Fair Value Method

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, 2021			June 30, 2020
Risk-free interest rate		0.52	%		1.71	%
Dividend yield		2.89	%		2.20	%
Stock price volatility		66.67	%		41.27	%
Expected term		6.41			7.51

Restricted Stock Units

The following table summarizes share information about RSUs for the six months ended June 30, 2021:

Six Months Ended June 30, 2021	Number of Shares			Wgtd. Avg. Grant Date Fair Value
Outstanding at December 31, 2020		118,000		$	18.09
Shares granted		25,200			14.31
Shares vested		(7,582	)		18.02
Shares forfeited		-			-
End of the period balance		135,618		$	17.39