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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Summary of Shares Repurchased Under Stock Purchase Program

The following table is a summary of the shares purchased under the program during the period indicated and the shares remaining to be repurchased in the program:

 

 

 

 

 

 

For the Nine Months
Ended September 30,

 

 

 

2023

 

 

2022

 

Number of shares repurchased

 

 

20,702

 

 

 

 

Average price of shares repurchased

 

$

87.88

 

 

$

 

Shares remaining to be repurchased

 

 

479,784

 

 

 

500,486

 

 

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, 2023:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

1,430,965

 

 

16.90%

 

$

677,482

 

 

8.00%

 

$

889,196

 

 

10.50%

 

N/A

 

 

N/A

BancFirst

 

 

1,189,612

 

 

16.36%

 

 

581,616

 

 

8.00%

 

 

763,371

 

 

10.50%

 

$

727,020

 

 

10.00%

Pegasus

 

 

143,898

 

 

18.16%

 

 

63,389

 

 

8.00%

 

 

83,199

 

 

10.50%

 

 

79,237

 

 

10.00%

Worthington

 

 

50,731

 

 

12.92%

 

 

31,401

 

 

8.00%

 

 

41,214

 

 

10.50%

 

 

39,251

 

 

10.00%

Common Equity Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

1,247,907

 

 

14.74%

 

$

381,084

 

 

4.50%

 

$

592,797

 

 

7.00%

 

N/A

 

 

N/A

BancFirst

 

 

1,083,583

 

 

14.90%

 

 

327,159

 

 

4.50%

 

 

508,914

 

 

7.00%

 

$

472,563

 

 

6.50%

Pegasus

 

 

135,463

 

 

17.10%

 

 

35,657

 

 

4.50%

 

 

55,466

 

 

7.00%

 

 

51,504

 

 

6.50%

Worthington

 

 

46,814

 

 

11.93%

 

 

17,663

 

 

4.50%

 

 

27,476

 

 

7.00%

 

 

25,513

 

 

6.50%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

1,273,907

 

 

15.04%

 

$

508,112

 

 

6.00%

 

$

719,825

 

 

8.50%

 

N/A

 

 

N/A

BancFirst

 

 

1,103,583

 

 

15.18%

 

 

436,212

 

 

6.00%

 

 

617,967

 

 

8.50%

 

$

581,616

 

 

8.00%

Pegasus

 

 

135,463

 

 

17.10%

 

 

47,542

 

 

6.00%

 

 

67,351

 

 

8.50%

 

 

63,389

 

 

8.00%

Worthington

 

 

46,814

 

 

11.93%

 

 

23,551

 

 

6.00%

 

 

33,363

 

 

8.50%

 

 

31,401

 

 

8.00%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Quarterly Average Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

1,273,907

 

 

10.70%

 

$

476,200

 

 

4.00%

 

N/A

 

 

N/A

 

N/A

 

 

N/A

BancFirst

 

 

1,103,583

 

 

10.85%

 

 

406,769

 

 

4.00%

 

N/A

 

 

N/A

 

$

508,461

 

 

5.00%

Pegasus

 

 

135,463

 

 

11.26%

 

 

48,117

 

 

4.00%

 

N/A

 

 

N/A

 

 

60,146

 

 

5.00%

Worthington

 

 

46,814

 

 

8.88%

 

 

21,086

 

 

4.00%

 

N/A

 

 

N/A

 

 

26,358

 

 

5.00%