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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Summary of Shares Repurchased Under Stock Purchase Program

All share repurchased in 2016 were purchased in the first three months of the year. The following table is a summary of the shares under the program:

 

 

 

Nine Months Ended

September 30,

 

 

 

2017

 

 

2016

 

Number of shares repurchased

 

 

 

 

 

200,000

 

Average price of shares repurchased

 

$

 

 

$

27.62

 

Shares remaining to be repurchased

 

 

300,000

 

 

 

300,000

 

 

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, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

782,662

 

 

 

15.58%

 

 

$

401,869

 

 

 

8.00%

 

 

$

464,661

 

 

 

9.250%

 

 

N/A

 

 

N/A

 

BancFirst

 

 

702,516

 

 

 

14.00%

 

 

 

401,415

 

 

 

8.00%

 

 

 

464,137

 

 

 

9.250%

 

 

$

501,769

 

 

 

10.00%

 

Common Equity Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

700,407

 

 

 

13.94%

 

 

$

226,051

 

 

 

4.50%

 

 

$

288,843

 

 

 

5.750%

 

 

N/A

 

 

N/A

 

BancFirst

 

 

631,261

 

 

 

12.58%

 

 

 

225,796

 

 

 

4.50%

 

 

 

288,517

 

 

 

5.750%

 

 

$

326,150

 

 

 

6.50%

 

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

731,407

 

 

 

14.56%

 

 

$

301,402

 

 

 

6.00%

 

 

$

364,194

 

 

 

7.250%

 

 

N/A

 

 

N/A

 

BancFirst

 

 

651,261

 

 

 

12.98%

 

 

 

301,062

 

 

 

6.00%

 

 

 

363,783

 

 

 

7.250%

 

 

$

401,415

 

 

 

8.00%

 

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Total Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

731,407

 

 

 

10.44%

 

 

$

280,325

 

 

 

4.00%

 

 

N/A

 

 

N/A

 

 

N/A

 

 

N/A

 

BancFirst

 

 

651,261

 

 

 

9.31%

 

 

 

279,919

 

 

 

4.00%

 

 

N/A

 

 

N/A

 

 

$

349,899

 

 

 

5.00%