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Junior Subordinated Debentures | 9 Months Ended
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Sep. 30, 2012
Junior Subordinated Debentures [Abstract] |
JUNIOR SUBORDINATED DEBENTURES |
(6) | JUNIOR SUBORDINATED DEBENTURES
The following is a summary of the Junior Subordinated Debentures:
|  | September 30, 2012 |  |  | December 31, 2011 |  |  |  |  |  |
Issue |  | Amount |  |  | Amount |  |  | Rate |  | Maturity |
|  | (Dollars in thousands) |
BFC II |  | $ | 26,804 |  |  | $ | 26,804 |  |  | 7.20% |  |  | 03/31/2034 |
UNST I |  |  | — |  |  |  | 2,062 |  |  | 3 month LIBOR + 1.65% |  |  | 03/15/2036 |
FBCST I |  |  | — |  |  |  | 7,217 |  |  | 3 month LIBOR + 2.85% |  |  | 12/17/2033 |
Total |  | $ | 26,804 |  |  | $ | 36,083 |  |  |  |  |  |  |
Refer to Note (11) in BancFirst Corporation’s Annual Report on Form 10-K for the year ended December 31, 2011, for further disclosures related to Junior Subordinated Debentures. On June 15, 2012, BancFirst Corporation redeemed the Union National Statutory Trust I (“UNST I”) Junior Subordinated Debentures at par value. On June 18, 2012, BancFirst Corporation redeemed the FBC Financial Corp. Statutory Trust I (“FBCST I”) Junior Subordinated Debentures at par value.

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