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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Summary of Authorized Outstanding Preferred and Common Stock

As of December 31, 2015, 2014 and 2013 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,

 

 

 

 

 

 

 

 

 

Class of Stock

 

December 31, 2015

 

 

2015

 

 

2014

 

 

2013

 

 

Per 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

 

 

20,000,000

 

 

 

15,597,446

 

 

 

15,504,513

 

 

 

15,333,622

 

 

 

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,

 

 

 

2015

 

 

2014

 

 

2013

 

Number of shares repurchased

 

 

28,447

 

 

 

 

 

 

40,241

 

Average price of shares repurchased

 

$

58.19

 

 

$

 

 

$

40.88

 

Shares remaining to be repurchased

 

 

166,276

 

 

 

194,723

 

 

 

194,723

 

 

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

 

 

Capitalized Under

 

 

 

 

 

 

 

 

 

 

 

Adequacy

 

 

Prompt Corrective

 

 

 

Actual

 

 

Purposes

 

 

Action Provisions

 

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

 

(Dollars in thousands)

 

As of December 31, 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

669,213

 

 

 

14.47

%

 

$

370,094

 

 

 

8.00

%

 

N/A

 

 

N/A

 

BancFirst

 

 

607,604

 

 

 

13.15

%

 

 

369,607

 

 

 

8.00

%

 

$

462,009

 

 

 

10.00

%

Common Equity Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

596,547

 

 

 

12.90

%

 

$

208,178

 

 

 

4.50

%

 

N/A

 

 

N/A

 

BancFirst

 

 

545,938

 

 

 

11.82

%

 

 

207,904

 

 

 

4.50

%

 

$

300,306

 

 

 

6.50

%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

627,547

 

 

 

13.57

%

 

$

277,570

 

 

 

6.00

%

 

N/A

 

 

N/A

 

BancFirst

 

 

565,938

 

 

 

12.25

%

 

 

277,205

 

 

 

6.00

%

 

$

369,607

 

 

 

8.00

%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Total Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

627,547

 

 

 

9.49

%

 

$

264,333

 

 

 

4.00

%

 

N/A

 

 

N/A

 

BancFirst

 

 

565,938

 

 

 

8.59

%

 

 

263,606

 

 

 

4.00

%

 

$

329,507

 

 

 

5.00

%

As of December 31, 2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

616,862

 

 

 

14.75

%

 

$

334,531

 

 

 

8.00

%

 

N/A

 

 

N/A

 

BancFirst

 

 

571,495

 

 

 

13.68

%

 

 

334,092

 

 

 

8.00

%

 

$

417,615

 

 

 

10.00

%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

575,973

 

 

 

13.77

%

 

$

167,265

 

 

 

4.00

%

 

N/A

 

 

N/A

 

BancFirst

 

 

530,606

 

 

 

12.71

%

 

 

167,046

 

 

 

4.00

%

 

$

250,569

 

 

 

6.00

%

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Total Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

575,973

 

 

 

8.83

%

 

$

197,249

 

 

 

3.00

%

 

N/A

 

 

N/A

 

BancFirst

 

 

530,606

 

 

 

8.15

%

 

 

196,716

 

 

 

3.00

%

 

$

327,859

 

 

 

5.00

%