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Stockholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2022
Equity [Abstract] |
Summary of Authorized Outstanding Preferred and Common Stock | As of December 31, 2022, 2021 and 2020 the Company’s authorized and outstanding preferred and common stock was as follows:
|  |  |  |  | No. of Shares Outstanding at December 31, |  |  |  |  |  |  |  |
Class of Stock |  | No. of Shares Authorized at December 31, 2022 |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | Par Value Per Share |  |  | Dividends |  | Voting Rights
Senior Preferred |  |  | 10,000,000 |  |  |  | — |  |  |  | — |  |  |  | — |  |  | $ | 1.00 |  |  | As declared |  | Voting
10% Cumulative Preferred |  |  | 900,000 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 5.00 |  |  | As declared |  | Non-voting
Common |  |  | 40,000,000 |  |  |  | 32,875,560 |  |  |  | 32,603,118 |  |  |  | 32,719,852 |  |  |  | 1.00 |  |  | As declared |  | Voting
Summary of Shares Repurchased Under Stock Purchase Program | The following table is a summary of the shares under the program:
|  | Year Ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Number of shares repurchased |  |  | — |  |  |  | 212,296 |  |  |  | 59,284 |
Average price of shares repurchased |  | $ | — |  |  | $ | 54.94 |  |  | $ | 52.26 |
Shares remaining to be repurchased |  |  | 500,486 |  |  |  | 500,486 |  |  |  | 62,782 |
Required Capital Amounts and Company's Respective Ratios | The actual and required capital amounts and ratios are shown in the following table:
|  | Actual |  |  | Required For Capital Adequacy Purposes |  |  | With Capital Conservation Buffer |  |  | To Be Well Capitalized Under Prompt Corrective Action Provisions |
|  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |  |  | Amount |  |  | Ratio |
|  | (Dollars in thousands) |
As of December 31, 2022: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk Weighted Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,298,329 |  |  |  | 16.61 | % |  | $ | 625,387 |  |  |  | 8.00 | % |  | $ | 820,821 |  |  |  | 10.50 | % |  | N/A |  |  | N/A |
BancFirst |  |  | 1,092,098 |  |  |  | 16.68 | % |  |  | 523,932 |  |  |  | 8.00 | % |  |  | 687,661 |  |  |  | 10.50 | % |  | $ | 654,916 |  |  |  | 10.00 | %
Pegasus |  |  | 117,445 |  |  |  | 12.91 | % |  |  | 77,802 |  |  |  | 8.00 | % |  |  | 95,553 |  |  |  | 10.50 | % |  |  | 91,003 |  |  |  | 10.00 | %
Worthington |  |  | 47,554 |  |  |  | 14.09 | % |  |  | 27,006 |  |  |  | 8.00 | % |  |  | 35,446 |  |  |  | 10.50 | % |  |  | 33,758 |  |  |  | 10.00 | %
Common Equity Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk Weighted Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,120,361 |  |  |  | 14.33 | % |  | $ | 351,780 |  |  |  | 4.50 | % |  | $ | 547,214 |  |  |  | 7.00 | % |  | N/A |  |  | N/A |
BancFirst |  |  | 991,050 |  |  |  | 15.13 | % |  |  | 294,712 |  |  |  | 4.50 | % |  |  | 458,441 |  |  |  | 7.00 | % |  | $ | 425,695 |  |  |  | 6.50 | %
Pegasus |  |  | 108,437 |  |  |  | 11.92 | % |  |  | 40,951 |  |  |  | 4.50 | % |  |  | 63,702 |  |  |  | 7.00 | % |  |  | 59,152 |  |  |  | 6.50 | %
Worthington |  |  | 44,207 |  |  |  | 13.10 | % |  |  | 15,191 |  |  |  | 4.50 | % |  |  | 23,631 |  |  |  | 7.00 | % |  |  | 21,943 |  |  |  | 6.50 | %
Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk Weighted Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,146,361 |  |  |  | 14.66 | % |  | $ | 469,041 |  |  |  | 6.00 | % |  | $ | 664,474 |  |  |  | 8.50 | % |  | N/A |  |  | N/A |
BancFirst |  |  | 1,011,050 |  |  |  | 15.44 | % |  |  | 392,949 |  |  |  | 6.00 | % |  |  | 556,678 |  |  |  | 8.50 | % |  | $ | 523,932 |  |  |  | 8.00 | %
Pegasus |  |  | 108,437 |  |  |  | 11.92 | % |  |  | 54,602 |  |  |  | 6.00 | % |  |  | 77,352 |  |  |  | 8.50 | % |  |  | 72,802 |  |  |  | 8.00 | %
Worthington |  |  | 44,207 |  |  |  | 13.10 | % |  |  | 20,255 |  |  |  | 6.00 | % |  |  | 28,694 |  |  |  | 8.50 | % |  |  | 27,006 |  |  |  | 8.00 | %
Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Total Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,146,361 |  |  |  | 9.30 | % |  | $ | 493,191 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |
BancFirst |  |  | 1,011,050 |  |  |  | 9.72 | % |  |  | 416,004 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  | $ | 520,005 |  |  |  | 5.00 | %
Pegasus |  |  | 108,437 |  |  |  | 8.00 | % |  |  | 54,238 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  |  | 67,798 |  |  |  | 5.00 | %
Worthington |  |  | 44,207 |  |  |  | 8.53 | % |  |  | 20,738 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  |  | 25,922 |  |  |  | 5.00 | %
As of December 31, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk Weighted Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,171,215 |  |  |  | 17.30 | % |  | $ | 541,493 |  |  |  | 8.00 | % |  | $ | 710,709 |  |  |  | 10.50 | % |  | N/A |  |  | N/A |
BancFirst |  |  | 1,004,835 |  |  |  | 16.75 | % |  |  | 479,883 |  |  |  | 8.00 | % |  |  | 629,847 |  |  |  | 10.50 | % |  | $ | 599,854 |  |  |  | 10.00 | %
Pegasus |  |  | 88,224 |  |  |  | 11.62 | % |  |  | 60,765 |  |  |  | 8.00 | % |  |  | 79,754 |  |  |  | 10.50 | % |  |  | 75,956 |  |  |  | 10.00 | %
Common Equity Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk Weighted Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,002,096 |  |  |  | 14.80 | % |  | $ | 304,590 |  |  |  | 4.50 | % |  | $ | 473,806 |  |  |  | 7.00 | % |  | N/A |  |  | N/A |
BancFirst |  |  | 909,817 |  |  |  | 15.17 | % |  |  | 269,934 |  |  |  | 4.50 | % |  |  | 419,898 |  |  |  | 7.00 | % |  | $ | 389,905 |  |  |  | 6.50 | %
Pegasus |  |  | 82,056 |  |  |  | 10.80 | % |  |  | 34,180 |  |  |  | 4.50 | % |  |  | 53,170 |  |  |  | 7.00 | % |  |  | 49,372 |  |  |  | 6.50 | %
Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk Weighted Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,028,096 |  |  |  | 15.19 | % |  | $ | 406,120 |  |  |  | 6.00 | % |  | $ | 575,336 |  |  |  | 8.50 | % |  | N/A |  |  | N/A |
BancFirst |  |  | 929,817 |  |  |  | 15.50 | % |  |  | 359,913 |  |  |  | 6.00 | % |  |  | 509,876 |  |  |  | 8.50 | % |  | $ | 479,883 |  |  |  | 8.00 | %
Pegasus |  |  | 82,056 |  |  |  | 10.80 | % |  |  | 45,574 |  |  |  | 6.00 | % |  |  | 64,563 |  |  |  | 8.50 | % |  |  | 60,765 |  |  |  | 8.00 | %
Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Total Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,028,096 |  |  |  | 9.14 | % |  | $ | 449,847 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |
BancFirst |  |  | 929,817 |  |  |  | 9.22 | % |  |  | 403,460 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  | $ | 504,325 |  |  |  | 5.00 | %
Pegasus |  |  | 82,056 |  |  |  | 6.98 | % |  |  | 47,054 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  |  | 58,817 |  |  |  | 5.00 | %

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