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Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2019
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, 2019
            
Outstanding at December 31, 2018
  
150,000
  
$
19.00
       
Options Granted
  
20,500
   
16.98
       
Options Exercised
  
-
   
-
       
Options Forfeited
  
(7,500
)
  
19.00
       
Outstanding at June 30, 2019
  
163,000
  
$
18.75
   
9.29
  
$
31
 
Exercisable at June 30, 2019
  
-
       
-
   
-
 
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 periods presented:
 
  
Three Months Ended
June 30, 2019
  
Six Months Ended
June 30, 2019
 
Risk-free interest rate
  
2.44
%
  
2.48
%
Dividend yield
  
2.20
%
  
2.20
%
Stock price volatility
  
31.14
%
  
31.14
%
Expected term
 
7.01 yrs
  
7.01 yrs
 
Restricted Stock Units
The following table summarizes share information about RSUs for the six months ended June 30, 2019:
 
  
Number of
Shares
  
Wgtd. Avg. Grant
Date Fair Value
 
Outstanding at December 31, 2018
  
130,000
  
$
19.09
 
Shares granted
  
-
   
-
 
Shares settled
  
-
   
-
 
Shares forfeited
  
-
   
-
 
End of the period balance
  
130,000
  
$
19.09