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Segment Information (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Results of Operations and Selected Financial Information

The results of operations and selected financial information for the six business units are as follows:

 

 

 

BancFirst Metropolitan
Banks

 

 

BancFirst Community
Banks

 

 

Pegasus

 

 

Worthington

 

 

Other
Financial
Services

 

 

Executive,
Operations
& Support

 

 

Eliminations

 

 

Consolidated

 

 

 

(Dollars in thousands)

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

120,226

 

 

$

229,196

 

 

$

51,277

 

 

$

17,395

 

 

$

4,164

 

 

$

2,198

 

 

$

 

 

$

424,456

 

Provision for/(benefit
   from) credit losses

 

 

4,836

 

 

 

2,331

 

 

 

(328

)

 

 

564

 

 

 

79

 

 

 

(24

)

 

 

 

 

 

7,458

 

Noninterest income

 

 

24,793

 

 

 

70,824

 

 

 

1,646

 

 

 

1,170

 

 

 

52,711

 

 

 

250,968

 

 

 

(216,704

)

 

 

185,408

 

Depreciation and
   amortization

 

 

2,347

 

 

 

10,514

 

 

 

804

 

 

 

496

 

 

 

481

 

 

 

7,547

 

 

 

 

 

 

22,189

 

Other expenses

 

 

46,329

 

 

 

123,554

 

 

 

20,084

 

 

 

13,636

 

 

 

37,495

 

 

 

70,293

 

 

 

(1,122

)

 

 

310,269

 

Income before taxes

 

$

91,507

 

 

$

163,621

 

 

$

32,363

 

 

$

3,869

 

 

$

18,820

 

 

$

175,350

 

 

$

(215,582

)

 

$

269,948

 

Total assets

 

$

3,598,888

 

 

$

7,012,905

 

 

$

1,280,618

 

 

$

600,364

 

 

$

121,601

 

 

$

1,307,714

 

 

$

(1,550,048

)

 

$

12,372,042

 

Capital expenditures

 

$

2,752

 

 

$

5,156

 

 

$

528

 

 

$

5,497

 

 

$

108

 

 

$

8,463

 

 

$

 

 

$

22,504

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

97,728

 

 

$

208,728

 

 

$

46,439

 

 

$

14,919

 

 

$

8,065

 

 

$

(2,226

)

 

$

20

 

 

$

373,673

 

(Benefit from)/provision
   for credit losses

 

 

2,186

 

 

 

2,451

 

 

 

2,840

 

 

 

(43

)

 

 

(161

)

 

 

2,803

 

 

 

 

 

 

10,076

 

Noninterest income

 

 

32,756

 

 

 

72,385

 

 

 

1,026

 

 

 

1,034

 

 

 

50,643

 

 

 

223,844

 

 

 

(197,941

)

 

 

183,747

 

Depreciation and
   amortization

 

 

2,821

 

 

 

10,453

 

 

 

789

 

 

 

398

 

 

 

519

 

 

 

7,068

 

 

 

 

 

 

22,048

 

Other expenses

 

 

42,583

 

 

 

117,248

 

 

 

19,013

 

 

 

9,280

 

 

 

36,271

 

 

 

64,325

 

 

 

(856

)

 

 

287,864

 

Income before taxes

 

$

82,894

 

 

$

150,961

 

 

$

24,823

 

 

$

6,318

 

 

$

22,079

 

 

$

147,422

 

 

$

(197,065

)

 

$

237,432

 

Total assets

 

$

3,412,369

 

 

$

6,886,066

 

 

$

1,404,033

 

 

$

541,002

 

 

$

171,679

 

 

$

1,473,443

 

 

$

(1,500,729

)

 

$

12,387,863

 

Capital expenditures

 

$

2,026

 

 

$

10,146

 

 

$

311

 

 

$

262

 

 

$

67

 

 

$

6,973

 

 

$

 

 

$

19,785

 

December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net interest income

 

$

77,840

 

 

$

180,925

 

 

$

24,222

 

 

$

 

 

$

35,244

 

 

$

(3,295

)

 

$

721

 

 

$

315,657

 

Provision for credit losses

 

 

(5,474

)

 

 

(4,694

)

 

 

1,395

 

 

 

 

 

 

109

 

 

 

(26

)

 

 

 

 

 

(8,690

)

Noninterest income

 

 

23,257

 

 

 

65,600

 

 

 

1,448

 

 

 

 

 

 

47,124

 

 

 

203,005

 

 

 

(170,402

)

 

 

170,032

 

Depreciation and
   amortization

 

 

2,593

 

 

 

10,483

 

 

 

782

 

 

 

 

 

 

557

 

 

 

5,626

 

 

 

 

 

 

20,041

 

Other expenses

 

 

39,356

 

 

 

110,574

 

 

 

15,317

 

 

 

 

 

 

60,435

 

 

 

41,199

 

 

 

(941

)

 

 

265,940

 

Income before taxes

 

$

64,622

 

 

$

130,162

 

 

$

8,176

 

 

$

 

 

$

21,267

 

 

$

152,911

 

 

$

(168,740

)

 

$

208,398

 

Total assets

 

$

2,627,874

 

 

$

5,821,220

 

 

$

1,045,699

 

 

$

 

 

$

71,694

 

 

$

1,201,974

 

 

$

(1,362,849

)

 

$

9,405,612

 

Capital expenditures

 

$

1,612

 

 

$

7,390

 

 

$

363

 

 

$

 

 

$

400

 

 

$

17,486

 

 

$

 

 

$

27,251