Company type | Public |
---|---|
Nasdaq: BANF Russell 2000 Component S&P 600 Component | |
Industry | Financial services |
Founded | 1966 |
Headquarters | Oklahoma City, Oklahoma, U.S. |
Key people |
|
Products | Banking |
Revenue | US$237M (FY 2009) [1] |
US$32.6M (FY 2009) [1] | |
Total assets | US$4.42B (FY 2009) [2] |
Total equity | US$431M (FY 2009) [2] |
Number of employees | 1500+ |
Website | www |
BancFirst Corporation, operating under the name BancFirst, is a state-chartered bank in Oklahoma, United States. It has over 100 banking locations serving 60 communities throughout the state of Oklahoma.
The roots of BancFirst date back to 1966, when lead investor and Chairman H.E. "Gene" Rainbolt purchased Federal National Bank in Shawnee, Oklahoma. [3] Federal National had $16 million in assets at the time of purchase. [4] Throughout the 1970s, Rainbolt acquired interests in many rural Oklahoma banks and formed Thunderbird Financial Corporation to assist each bank with management services. [5] In 1985, Rainbolt's banks in seven communities were brought under the ownership of United Community Corporation. [6]
On April 1, 1989, BancFirst was formed and established its corporate headquarters in downtown Oklahoma City. Changes in Oklahoma's banking laws that allowed multiple banks to merge in such a fashion were largely due to Gene Rainbolt's efforts to modernize the law.[ citation needed ]
In 1993, through an initial public offering, BancFirst began trading on the NASDAQ under stock symbol BANF. It has continued to grow through acquisitions.[ which? ]
BancFirst operates in 60 Oklahoma communities in 32 of Oklahoma's 77 counties, with over 100 service locations. [7] The bank has a network of more than 350 ATMs across the state, including in all Walgreens stores in Oklahoma.
As of September 2023, BancFirst's assets totaled $12.1 billion while deposits totaled $10.5 billion. [8] After 25 years as CEO, David Rainbolt became executive chairman of BancFirst Corp. in May 2017, David Harlow was promoted to CEO of BancFirst Corp., and Darryl Schmidt became CEO of the company's primary subsidiary. [9]
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Seafirst Corporation was an American bank holding company based in Seattle, Washington. Its banking subsidiary, Seafirst Bank, was the largest bank in Washington, with 235 branches and 497 ATMs across the state.
Citizens Republic Bancorp was an American bank headquartered in Flint, Michigan that merged with FirstMerit Bank in 2013. Citizens Republic Bancorp operated in the states of Michigan, Ohio, Indiana, and Wisconsin. On September 13, 2012, it completed a merger agreement with FirstMerit Bank of Akron, Ohio. As of April 13, 2013, it became a subsidiary of the FirstMerit Corporation. The merger finalized on June 13, 2013. FirstMerit merged with Huntington Bancshares in 2016.
BOK Financial Corporation — pronounced as letters, "B-O-K" — is a financial services holding company headquartered in Tulsa, Oklahoma. Offering a full complement of retail and commercial banking products and services across the American Midwest and Southwest, the company is one of the 50 largest financial services firms in the U.S., and the largest in Oklahoma.
Colonial BancGroup Inc. was a bank holding company headquartered in Montgomery, Alabama, United States that failed in 2009. It was a financial services company that, through its subsidiaries, provided diversified services, including retail and commercial banking, wealth management services, mortgage banking and insurance. The company was in the top 50 largest banks in the US prior to its failure and its subsidiary, Colonial Bank, operated 346 branches in the states of Alabama, Georgia, Florida, Nevada and Texas.
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First National Center, formerly known as First National Bank Building, is a prominent mixed-use skyscraper in downtown Oklahoma City. The art deco tower is 406 feet tall at the roof, and is 446 feet at its spire and contains 33 floors. The building was constructed in 1931 at an original square footage of 451,000 square feet (41,900 m2) by the First National Bank and Trust Company of Oklahoma City. Additions in 1957 and 1972 brought the square footage to 998,000 square feet (92,700 m2) of office space before the 2022 restoration and remodeling reduced it to 497,371 square feet (46,207.3 m2).
Associated Banc-Corp is a U.S. regional bank holding company providing retail banking, commercial banking, commercial real estate lending, private banking and specialized financial services. Headquartered in Green Bay, Wisconsin, Associated is a Midwest bank with from more than 220 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas.
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