XML 55 R45.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Stockholders' Equity (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Equity [Abstract] |
Summary of Authorized Outstanding Preferred and Common Stock | As of December 31, 2023, 2022 and 2021 the Company’s authorized and outstanding preferred and common stock was as follows:
|  | No. of Shares Authorized at |  |  | No. of Shares Outstanding at December 31, |  |  | Par Value |  |  |  |  |
Class of Stock |  | December 31, 2023 |  |  | 2023 |  |  | 2022 |  |  | 2021 |  |  | 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 |  |  |  | 32,933,018 |  |  |  | 32,875,560 |  |  |  | 32,603,118 |  |  |  | 1.00 |  |  | As declared |  | Voting
Summary of Shares Repurchased Under Stock Purchase Program | The following table is a summary of the shares purchased under the program and the shares remaining to be repurchased in the program:
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Number of shares repurchased |  |  | 20,702 |  |  |  | — |  |  |  | 212,296 |
Average price of shares repurchased |  | $ | 87.88 |  |  | $ | — |  |  | $ | 54.94 |
Shares remaining to be repurchased |  |  | 479,784 |  |  |  | 500,486 |  |  |  | 500,486 |
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, 2023: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk Weighted Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,467,062 |  |  |  | 16.90 | % |  | $ | 694,520 |  |  |  | 8.00 | % |  | $ | 911,558 |  |  |  | 10.50 | % |  | N/A |  |  | N/A |
BancFirst |  |  | 1,166,750 |  |  |  | 15.68 | % |  |  | 595,191 |  |  |  | 8.00 | % |  |  | 781,189 |  |  |  | 10.50 | % |  | $ | 743,989 |  |  |  | 10.00 | %
Pegasus |  |  | 139,472 |  |  |  | 16.98 | % |  |  | 65,706 |  |  |  | 8.00 | % |  |  | 86,239 |  |  |  | 10.50 | % |  |  | 82,132 |  |  |  | 10.00 | %
Worthington |  |  | 51,608 |  |  |  | 12.30 | % |  |  | 33,571 |  |  |  | 8.00 | % |  |  | 44,061 |  |  |  | 10.50 | % |  |  | 41,963 |  |  |  | 10.00 | %
Common Equity Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk Weighted Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,284,966 |  |  |  | 14.80 | % |  | $ | 390,668 |  |  |  | 4.50 | % |  | $ | 607,705 |  |  |  | 7.00 | % |  | N/A |  |  | N/A |
BancFirst |  |  | 1,061,943 |  |  |  | 14.27 | % |  |  | 334,795 |  |  |  | 4.50 | % |  |  | 520,792 |  |  |  | 7.00 | % |  | $ | 483,593 |  |  |  | 6.50 | %
Pegasus |  |  | 130,792 |  |  |  | 15.92 | % |  |  | 36,959 |  |  |  | 4.50 | % |  |  | 57,492 |  |  |  | 7.00 | % |  |  | 53,386 |  |  |  | 6.50 | %
Worthington |  |  | 47,690 |  |  |  | 11.36 | % |  |  | 18,883 |  |  |  | 4.50 | % |  |  | 29,374 |  |  |  | 7.00 | % |  |  | 27,276 |  |  |  | 6.50 | %
Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Risk Weighted Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,310,966 |  |  |  | 15.10 | % |  | $ | 520,890 |  |  |  | 6.00 | % |  | $ | 737,928 |  |  |  | 8.50 | % |  | N/A |  |  | N/A |
BancFirst |  |  | 1,081,943 |  |  |  | 14.54 | % |  |  | 446,393 |  |  |  | 6.00 | % |  |  | 632,391 |  |  |  | 8.50 | % |  | $ | 595,191 |  |  |  | 8.00 | %
Pegasus |  |  | 130,792 |  |  |  | 15.92 | % |  |  | 49,279 |  |  |  | 6.00 | % |  |  | 69,812 |  |  |  | 8.50 | % |  |  | 65,706 |  |  |  | 8.00 | %
Worthington |  |  | 47,690 |  |  |  | 11.36 | % |  |  | 25,178 |  |  |  | 6.00 | % |  |  | 35,669 |  |  |  | 8.50 | % |  |  | 33,571 |  |  |  | 8.00 | %
Tier 1 Capital |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(to Total Assets)- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BancFirst Corporation |  | $ | 1,310,966 |  |  |  | 10.76 | % |  | $ | 487,279 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |
BancFirst |  |  | 1,081,943 |  |  |  | 10.43 | % |  |  | 414,882 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  | $ | 518,603 |  |  |  | 5.00 | %
Pegasus |  |  | 130,792 |  |  |  | 10.56 | % |  |  | 49,529 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  |  | 61,911 |  |  |  | 5.00 | %
Worthington |  |  | 47,690 |  |  |  | 8.62 | % |  |  | 22,140 |  |  |  | 4.00 | % |  | N/A |  |  | N/A |  |  |  | 27,675 |  |  |  | 5.00 | %
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 | %

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

X
- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480696/942-505-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480696/942-505-50-1B + Details
Name: | us-gaap_ScheduleOfComplianceWithRegulatoryCapitalRequirementsUnderBankingRegulationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(27)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-3 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-4 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-5 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481142/505-10-45-2 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-10 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-8 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480244/480-10-S99-1 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-6 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-4 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481549/505-30-45-1 + Details
Name: | us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration