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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Summary of Shares Repurchased Under Stock Purchase Program

The following table is a summary of the shares under the program:

 

 

 

Nine Months Ended

September 30,

 

 

 

2020

 

 

2019

 

Number of shares repurchased

 

 

59,284

 

 

 

 

Average price of shares repurchased

 

$

52.26

 

 

$

 

Shares remaining to be repurchased

 

 

62,782

 

 

 

148,736

 

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

 

 

With

 

 

Capitalized Under

 

 

 

 

 

 

 

 

 

 

 

Adequacy

 

 

Capital Conservation

 

 

Prompt Corrective

 

 

 

Actual

 

 

Purposes

 

 

Buffer

 

 

Action Provisions

 

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

 

(Dollars in thousands)

 

As of September 30, 2020:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

971,248

 

 

15.23%

 

 

$

510,168

 

 

8.00%

 

 

$

669,595

 

 

10.50%

 

 

N/A

 

 

N/A

 

BancFirst

 

 

878,442

 

 

15.10%

 

 

 

465,403

 

 

8.00%

 

 

 

610,841

 

 

10.50%

 

 

$

581,754

 

 

10.00%

 

Pegasus Bank

 

 

68,927

 

 

12.52%

 

 

 

44,046

 

 

8.00%

 

 

 

57,811

 

 

10.50%

 

 

 

55,058

 

 

10.00%

 

Common Equity Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

865,208

 

 

13.57%

 

 

$

286,969

 

 

4.50%

 

 

$

446,397

 

 

7.00%

 

 

N/A

 

 

N/A

 

BancFirst

 

 

785,357

 

 

13.50%

 

 

 

261,789

 

 

4.50%

 

 

 

407,227

 

 

7.00%

 

 

$

378,140

 

 

6.50%

 

Pegasus Bank

 

 

64,861

 

 

11.78%

 

 

 

24,776

 

 

4.50%

 

 

 

38,541

 

 

7.00%

 

 

 

35,788

 

 

6.50%

 

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Risk Weighted Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

891,208

 

 

13.98%

 

 

$

382,626

 

 

6.00%

 

 

$

542,053

 

 

8.50%

 

 

N/A

 

 

N/A

 

BancFirst

 

 

805,357

 

 

13.84%

 

 

 

349,052

 

 

6.00%

 

 

 

494,491

 

 

8.50%

 

 

$

465,403

 

 

8.00%

 

Pegasus Bank

 

 

64,861

 

 

11.78%

 

 

 

33,035

 

 

6.00%

 

 

 

46,799

 

 

8.50%

 

 

 

44,046

 

 

8.00%

 

Tier 1 Capital

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(to Total Assets)-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BancFirst Corporation

 

$

891,208

 

 

9.43%

 

 

$

377,862

 

 

4.00%

 

 

N/A

 

 

N/A

 

 

N/A

 

 

N/A

 

BancFirst

 

 

805,357

 

 

9.28%

 

 

 

347,274

 

 

4.00%

 

 

N/A

 

 

N/A

 

 

$

434,092

 

 

5.00%

 

Pegasus Bank

 

 

64,861

 

 

8.65%

 

 

 

30,003

 

 

4.00%

 

 

N/A

 

 

N/A

 

 

 

37,504

 

 

5.00%