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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Summary of Shares Repurchased Under Stock Purchase Program

The following table is a summary of the shares under the program:

 

 

 

Nine Months Ended
September 30,

 

 

 

2021

 

 

2020

 

Number of shares repurchased

 

 

212,296

 

 

 

59,284

 

Average price of shares repurchased

 

$

54.94

 

 

$

52.26

 

Shares remaining to be repurchased

 

 

500,486

 

 

 

62,782

 

 

Required Capital Amounts and Company's Respective Ratios The actual and required capital amounts and ratios are shown in the following table:

 

 

 

 

 

 

 

 

Required

 

 

 

To Be Well

 

 

 

 

 

 

 

For Capital

 

With

 

Capitalized Under

 

 

 

 

 

 

 

Adequacy

 

Capital Conservation

 

Prompt Corrective

 

 

Actual
 

 

Purposes

 

Buffer

 

Action Provisions

 

 

Amount

 

 

Ratio

 

Amount

 

 

Ratio

 

Amount

 

 

Ratio

 

Amount

 

 

Ratio

 

 

(Dollars in thousands)

As of September 30, 2021:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

1,140,098

 

 

17.57%

 

$

519,044

 

 

8.00%

 

$

681,245

 

 

10.50%

 

N/A

 

 

N/A

BancFirst

 

 

979,699

 

 

16.77%

 

 

467,478

 

 

8.00%

 

 

613,565

 

 

10.50%

 

$

584,348

 

 

10.00%

Pegasus Bank

 

 

80,244

 

 

12.53%

 

 

51,251

 

 

8.00%

 

 

67,267

 

 

10.50%

 

 

64,064

 

 

10.00%

Common Equity Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

973,762

 

 

15.01%

 

$

291,962

 

 

4.50%

 

$

454,163

 

 

7.00%

 

N/A

 

 

N/A

BancFirst

 

 

886,552

 

 

15.17%

 

 

262,957

 

 

4.50%

 

 

409,043

 

 

7.00%

 

$

379,826

 

 

6.50%

Pegasus Bank

 

 

74,911

 

 

11.69%

 

 

28,829

 

 

4.50%

 

 

44,845

 

 

7.00%

 

 

41,642

 

 

6.50%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

999,762

 

 

15.41%

 

$

389,283

 

 

6.00%

 

$

551,484

 

 

8.50%

 

N/A

 

 

N/A

BancFirst

 

 

906,552

 

 

15.51%

 

 

350,609

 

 

6.00%

 

 

496,696

 

 

8.50%

 

$

467,478

 

 

8.00%

Pegasus Bank

 

 

74,911

 

 

11.69%

 

 

38,438

 

 

6.00%

 

 

54,454

 

 

8.50%

 

 

51,251

 

 

8.00%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Total Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

999,762

 

 

9.06%

 

$

441,402

 

 

4.00%

 

N/A

 

 

N/A

 

N/A

 

 

N/A

BancFirst

 

 

906,552

 

 

9.06%

 

 

400,265

 

 

4.00%

 

N/A

 

 

N/A

 

$

500,331

 

 

5.00%

Pegasus Bank

 

 

74,911

 

 

7.28%

 

 

41,173

 

 

4.00%

 

N/A

 

 

N/A

 

 

51,466

 

 

5.00%