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Thomas L. Travis

President and Chief Executive Officer of Bank7 Corp. at Bank7
Board
Since 2018
Age
67 years
Education
Holds a General Business degree from Schreiner University in Kerrville, Texas.

Also at Bank7

DAH
Douglas A. Haines
Regional President for Western Oklahoma and Kansas
JEE
Jason E. Estes
President and Chief Credit Officer of the Bank
JTP
John T. Phillips
Senior Executive Vice President and Chief Operating Officer

About

Thomas L. Travis is the President and Chief Executive Officer of Bank7 Corp. at BSVN, currently noted as being 67 years old.

In his role as CEO, he has been featured in various documents for his leadership in communicating the company’s financial performance and strategic initiatives. However, detailed information regarding his tenure, including his join date or any prior positions held at the company, is not available in the documents.

Educationally, he holds a General Business degree from Schreiner University in Kerrville, Texas. The documents do not provide any additional personal background or career details beyond his current executive position.

$BSVN Performance Under Thomas L. Travis

Past Roles

OrganizationRoleDate RangeDetails
Bank7 Corp. President 2014 to 2022 Previous role before promotion to President and Chief Executive Officer
IBC Bank President of IBC Bank San Antonio 1991 to 2014 Managed commercial banking functions, insurance agency, swap desk and negotiated eight merger transactions
IBC Bank President of IBC Bank Oklahoma 1991 to 2014 Managed commercial banking functions, insurance agency, swap desk and negotiated eight merger transactions

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Base Salary $750,000Regular payroll; increased in Q1 by $100,000 and in Q3 by $100,000Fixed annual base salary for performing specific job duties
Stock Awards $456,497Granted on February 15, 2024; restricted stock units with 3-year vesting (33% per year beginning on the first anniversary)16,486 restricted stock units granted in 2024
Other Compensation $38,174Allocated as allowances and contributionsBreakdown: Perquisites: $14,066; Company 401(k) Match: $17,250; Life Insurance Premiums: $6,858

Performance Compensation

Data from  FY 2024

Short-term Incentive

MetricValueDetails
Maximum Potential STI $750,00085% of base salary; determined annually by the Compensation Committee based on overall company performance (e.g., ROA, ROTCE); bonus pool allocated monthly

Long-term Incentive

MetricValueDetails
ROA Top Quartile Weight 27%Part of performance metrics
3-Year Avg Net Charge Offs Weight 27%Must be less than 25 basis points
TSR Weight 26%Must exceed 50% of peers
Base Potential LTI Award 80% of base salaryFixed potential award component
Additional Potential LTI Award 30% of base salaryAwarded at Compensation Committee’s discretion based on factors including TSR > 75% of peers, peer group metrics, and market-related considerations
Total Potential LTI Award 110% of base salarySum of base and additional potential awards
Vesting Schedule 3-year vestingRestricted stock units vest in equal annual installments
Grant Date February 15, 2024Date of award grant
Grant Date Fair Value $456,497Calculated in accordance with ASC 718 for restricted stock units
Evaluation Period 3-year average (2021-2023)Performance measured based on ROA and TSR benchmarks

No further detailed thresholds or specific payout results are provided in the documents.