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Overview / Commentary
405-270-1000
101 N. Broadway
Oklahoma City, OK 73102

BancFirst is headquartered in Oklahoma City and is the 3rd largest bank in the state of Oklahoma. It is also the 154th largest bank in the nation. It was established in 1989 and as of March of 2014, it had grown to 1,631 employees at 101 locations. BancFirst has a A health rating.

Reviews (1)

Overall Good

They're pretty good, lost my wallet, and they were extremely helpful in getting my new account set up. When something posted to my old account (even a year later) they were able to transfer it immediately.

They often have free cans of soda-pop on hot days, suckers for the kids, and treats for the pets, which is nice. I've never had an overdraft, so I can't tell you how their insufficient funds policy works.

They have low interest rates for loans, but are very conservative, so you will need a spotless credit to work with them or you may not get approved for as much as you need. I know someone who says their small business loan is sinking with BancFirst, and they wish they would have went elsewhere, but I am not wealthy and have a simple, free-checking account for students.

I'm pretty pleased with the staff, yet caution that they are a bit more like a "big bank" which seems to be the unpopular trend right now. Being that they are Oklahoma ran, however, I think that's nothing to be concerned with.

An added perk is they have ATM's located at all the Walgreens stores throughout the state! Even in rural areas in the panhandle and Woodward! For my needs, a five star, but to each his/her own!



Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 BancFirst had $23.5 million in non-current loans and owned real-estate with $586.52 million in equity and loan loss allowances on hand to cover it. This gives BancFirst a Texas Ratio of 4.01% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for BancFirst decreased slightly from 5.08% as of March 31, 2013 to 4.01% as of March 31, 2014, resulting in a positive change of 21.10%.This indicates that the balance sheet and financial strength for BancFirst has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, BancFirst has increased its total deposits by $570.82 million, resulting in 10.98% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth BancFirst has shown is excellent.

Capitalization

GRADE:
C+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. BancFirst has $6.36 billion in assets with $586.52 million in equity, resulting in a capitalization level of 9.23%, which is average.

Institution Statistics

Overall
FDIC Certificate #27476
Year Established1989
Employees1631
Primary RegulatorFDIC
Assets and Liabilities
Assets$6.36 billion
Loans$3.50 billion
Deposits$5.77 billion
Equity Capital$546.60 million
Loan Loss Allowance$39.92 million
Unbacked Noncurrent Loans$16.17 million
Real Estate Owned$7.33 million
Historic Data - March 2013
Assets$5.75 billion
Equity Capital$514.34 million
Loan Loss Allowance$38.66 million
Unbacked Noncurrent Loans$16.17 million
Real Estate Owned$9.10 million
Profit Margin - Quarterly
Net Interest Margin2.99%
Return on Assets0.92%
Return on Equity10.52%
Interest Income$45.21 million
Rates
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BancFirst Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$50k-Treasury Fund
0.15%-$1mSavings Account

BancFirst Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$500-Performance Checking
0.10%$500-Status Checking
Locations

BancFirst has 100 locations. Click to view all BancFirst locations.