UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 08, 2022 |
BancFirst Corporation
(Exact name of Registrant as Specified in Its Charter)
Oklahoma | 0-14384 | 73-1221379 | ||
(State or Other Jurisdiction | (Commission File Number) | (IRS Employer | ||
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100 N. Broadway Ave. |
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Oklahoma City, Oklahoma |
| 73102-8405 | ||
(Address of Principal Executive Offices) |
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Registrant’s Telephone Number, Including Area Code: 405 270-1086 |
Not Applicable |
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Common Stock, $1.00 Par Value Per Share |
| BANF |
| NASDAQ Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
On February 8, 2022, BancFirst Corporation acquired Worthington National Bank (“Worthington”), for an aggregate cash purchase price of $77.7 million. Worthington is chartered and regulated by the Office of the Comptroller of the Currency (OCC) with one banking location in Arlington, Texas, one in Colleyville, Texas and two in Fort Worth, Texas. As of December 31, 2021, Worthington had approximately $481.1 million in total assets, $264.6 million in loans and $441.1 million in deposits. Worthington will continue to operate as “Worthington National Bank” and will remain a wholly-owned subsidiary of BancFirst Corporation governed by its existing board of directors. BancFirst Corporation intends to provide an appropriate amount of capital or other support to increase Worthington’s ability to approve larger loans and allow Worthington to continue to grow their assets.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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| BANCFIRST CORPORATION |
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Date: | February 8, 2022 | By: | /s/ Kevin Lawrence |
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| Kevin Lawrence |