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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Summary of Shares Repurchased Under Stock Purchase Program

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

 

 

 

Six Months Ended

June 30,

 

 

 

2020

 

 

2019

 

Number of shares repurchased

 

 

59,284

 

 

 

 

Average price of shares repurchased

 

$

52.26

 

 

$

 

Shares remaining to be repurchased

 

 

62,782

 

 

 

148,736

 

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 June 30, 2020:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

960,793

 

 

14.83%

 

 

$

518,290

 

 

8.00%

 

 

$

680,256

 

 

10.50%

 

 

N/A

 

 

N/A

 

BancFirst

 

 

871,013

 

 

14.62%

 

 

 

476,462

 

 

8.00%

 

 

 

625,357

 

 

10.50%

 

 

$

595,578

 

 

10.00%

 

Pegasus Bank

 

 

67,867

 

 

13.28%

 

 

 

40,893

 

 

8.00%

 

 

 

53,672

 

 

10.50%

 

 

 

51,116

 

 

10.00%

 

Common Equity Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

853,705

 

 

13.18%

 

 

$

291,538

 

 

4.50%

 

 

$

453,504

 

 

7.00%

 

 

N/A

 

 

N/A

 

BancFirst

 

 

776,428

 

 

13.04%

 

 

 

268,010

 

 

4.50%

 

 

 

416,905

 

 

7.00%

 

 

$

387,126

 

 

6.50%

 

Pegasus Bank

 

 

63,636

 

 

12.45%

 

 

 

23,002

 

 

4.50%

 

 

 

35,781

 

 

7.00%

 

 

 

33,226

 

 

6.50%

 

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

879,705

 

 

13.58%

 

 

$

388,718

 

 

6.00%

 

 

$

550,683

 

 

8.50%

 

 

N/A

 

 

N/A

 

BancFirst

 

 

796,428

 

 

13.37%

 

 

 

357,347

 

 

6.00%

 

 

 

506,241

 

 

8.50%

 

 

$

476,462

 

 

8.00%

 

Pegasus Bank

 

 

63,636

 

 

12.45%

 

 

 

30,670

 

 

6.00%

 

 

 

43,449

 

 

8.50%

 

 

 

40,893

 

 

8.00%

 

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Total Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

879,705

 

 

9.45%

 

 

$

372,344

 

 

4.00%

 

 

N/A

 

 

N/A

 

 

N/A

 

 

N/A

 

BancFirst

 

 

796,428

 

 

9.33%

 

 

 

341,272

 

 

4.00%

 

 

N/A

 

 

N/A

 

 

$

426,591

 

 

5.00%

 

Pegasus Bank

 

 

63,636

 

 

8.34%

 

 

 

30,517

 

 

4.00%

 

 

N/A

 

 

N/A

 

 

 

38,146

 

 

5.00%