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Intangible Assets and Goodwill (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

The following is a summary of intangible assets as of the date listed:

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Net
Carrying
Amount

 

 

 

(Dollars in thousands)

 

June 30, 2024

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

33,550

 

 

$

(18,741

)

 

$

14,809

 

Customer relationship intangibles

 

 

3,350

 

 

 

(3,228

)

 

 

122

 

Total

 

$

36,900

 

 

$

(21,969

)

 

$

14,931

 

December 31, 2023

 

 

 

 

 

 

 

 

 

Core deposit intangibles

 

$

33,550

 

 

$

(17,027

)

 

$

16,523

 

Customer relationship intangibles

 

 

3,350

 

 

 

(3,169

)

 

 

181

 

Total

 

$

36,900

 

 

$

(20,196

)

 

$

16,704

 

Summary of Goodwill by Business Segment

The following is a summary of goodwill by business segment:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Metropolitan Banks

 

 

BancFirst Community Banks

 

 

Pegasus

 

 

Worthington

 

 

Other Financial Services

 

 

Executive, Operations & Support

 

 

Consolidated

 

 

 

(Dollars in thousands)

 

Six months ended June 30, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning and end of period

 

$

13,767

 

 

$

61,420

 

 

$

68,855

 

 

$

32,133

 

 

$

5,464

 

 

$

624

 

 

$

182,263