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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Summary of Shares Repurchased Under Stock Purchase Program

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

 

 

Three Months Ended
March 31,

 

 

 

2024

 

 

2023

 

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 March 31, 2024:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

1,506,155

 

 

17.19%

 

$

701,043

 

 

8.00%

 

$

920,119

 

 

10.50%

 

N/A

 

 

N/A

BancFirst

 

 

1,193,811

 

 

15.94%

 

 

599,307

 

 

8.00%

 

 

786,591

 

 

10.50%

 

$

749,134

 

 

10.00%

Pegasus

 

 

143,914

 

 

17.11%

 

 

67,275

 

 

8.00%

 

 

88,299

 

 

10.50%

 

 

84,094

 

 

10.00%

Worthington

 

 

52,335

 

 

12.10%

 

 

34,612

 

 

8.00%

 

 

45,428

 

 

10.50%

 

 

43,265

 

 

10.00%

Common Equity Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

1,323,577

 

 

15.10%

 

$

394,337

 

 

4.50%

 

$

613,413

 

 

7.00%

 

N/A

 

 

N/A

BancFirst

 

 

1,091,417

 

 

14.57%

 

 

337,110

 

 

4.50%

 

 

524,394

 

 

7.00%

 

$

486,937

 

 

6.50%

Pegasus

 

 

133,391

 

 

15.86%

 

 

37,842

 

 

4.50%

 

 

58,866

 

 

7.00%

 

 

54,661

 

 

6.50%

Worthington

 

 

48,295

 

 

11.16%

 

 

19,469

 

 

4.50%

 

 

30,285

 

 

7.00%

 

 

28,122

 

 

6.50%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

1,349,577

 

 

15.40%

 

$

525,782

 

 

6.00%

 

$

744,858

 

 

8.50%

 

N/A

 

 

N/A

BancFirst

 

 

1,111,417

 

 

14.84%

 

 

449,480

 

 

6.00%

 

 

636,764

 

 

8.50%

 

$

599,307

 

 

8.00%

Pegasus

 

 

133,391

 

 

15.86%

 

 

50,456

 

 

6.00%

 

 

71,480

 

 

8.50%

 

 

67,275

 

 

8.00%

Worthington

 

 

48,295

 

 

11.16%

 

 

25,959

 

 

6.00%

 

 

36,775

 

 

8.50%

 

 

34,612

 

 

8.00%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Quarterly Average Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

1,349,577

 

 

10.99%

 

$

491,387

 

 

4.00%

 

N/A

 

 

N/A

 

N/A

 

 

N/A

BancFirst

 

 

1,111,417

 

 

10.62%

 

 

418,449

 

 

4.00%

 

N/A

 

 

N/A

 

$

523,062

 

 

5.00%

Pegasus

 

 

133,391

 

 

10.64%

 

 

50,133

 

 

4.00%

 

N/A

 

 

N/A

 

 

62,666

 

 

5.00%

Worthington

 

 

48,295

 

 

8.49%

 

 

22,742

 

 

4.00%

 

N/A

 

 

N/A

 

 

28,427

 

 

5.00%