XML 23 R14.htm IDEA: XBRL DOCUMENT
v3.22.1

Leases | 3 Months Ended
--- | ---
Mar. 31, 2022
Leases [Abstract] |
Leases | (6) LEASES Lessee The Company has operating leases, which primarily consist of office space in buildings, ATM locations, storage facilities, parking lots, equipment and land on which it owns certain buildings. The following table presents rent expense for all operating leases, including those rented on a monthly or temporary basis as of the periods indicated:
|  | Three Months Ended March 31, |
|  | 2022 |  |  | 2021 |
|  | (Dollars in thousands) |
Rental expense |  | $ | 425 |  |  | $ | 503 |
As of March 31, 2022, the right of use lease asset included in accrued interest receivable and other assets on the balance sheet totaled $5.0 million, and a related lease liability included in accrued interest payable and other liabilities on the balance sheet totaled $4.9 million. As of March 31, 2022, the Company's operating leases have a weighted-average remaining lease term of 3.5 years and a weighted-average discount rate of 2.5 percent. The following table presents minimum future commitments by year for the Company’s operating leases. Such commitments are reflected as undiscounted values and are reconciled to the discounted present value recognized on the balance sheet.
|  | March 31, 2022 |
|  | (Dollars in thousands) |
2022 (nine months) |  | $ | 1,085 |
2023 |  |  | 1,106 |
2024 |  |  | 742 |
2025 |  |  | 687 |
2026 |  |  | 597 |
Thereafter |  |  | 1,402 |
Total lease payments |  |  | 5,619 |
Less imputed Interest |  |  | (731 | )
Operating lease liability |  | $ | 4,888 |
Lessor The Company is a lessor of operating leases, which primarily consist of office space in buildings and parking lots. These assets are classified on the balance sheet as premises and equipment. The Company had operating lease revenue of $1.3 million and $1.4 million for the three months ended March 31, 2022 and 2021, respectively. Lease revenue is included in occupancy, net on the consolidated statement of comprehensive income. The Company does not have operating leases that extend beyond 2031. The following table presents the scheduled minimum future contractual rent to be received under the remaining non-cancelable term of the operating leases:
|  | March 31, 2022 |
|  | (Dollars in thousands) |
2022 (nine months) |  | $ | 2,741 |
2023 |  |  | 2,956 |
2024 |  |  | 2,886 |
2025 |  |  | 2,197 |
2026 |  |  | 1,847 |
2027-2031 |  |  | 3,559 |
Total future minimum lease payments |  | $ | 16,186 |

X
- Definition Lessee and lessor operating leases. + References No definition available. + Details
Name: | banf_LesseeAndLessorOperatingLeasesTextBlock
Namespace Prefix: | banf_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration