Company: BANFP
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-030159
Chunk: 175

Company: BANCFIRST CORP /OK/
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 175
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 per share

    48.81

    43.54

    Tangible book value per share (non-GAAP)(1)

    42.92

    37.50

    Reconciliation of Tangible Book Value per Common Share (non-GAAP)(2)

    Stockholders’ equity
     
    $
    1,621,187

    $
    1,433,891

    Less goodwill

    182,263

    182,263

    Less intangible assets, net

    13,158

    16,704

    Tangible stockholders' equity (non-GAAP)
     
    $
    1,425,766

    $
    1,234,924

    Common shares outstanding

    33,216,519

    32,933,018

    Tangible book value per share (non-GAAP)
     
    $
    42.92

    $
    37.50

    Selected Financial Ratios

    Balance Sheet Ratios:

    Average loans to deposits

    71.50
    %

    68.87
    %

    Average earning assets to total assets

    92.91

    92.93

    Average stockholders’ equity to average assets

    11.78

    11.03

    Asset Quality Ratios:

    Nonaccrual loans to total loans

    0.72
    %

    0.32
    %

    Allowance for credit losses to total loans

    1.24

    1.26

    Allowance for credit losses to nonaccrual loans

    171.59

    393.92

    Net charge-offs to average loans

    0.08

    0.05

    (1) Refer to the "Reconciliation of Tangible Book Value per Common Share (non-GAAP)" Table

    (2) Tangible book value per common share is stockholders' equity less goodwill and intangible assets, net, divided by common shares outstanding.

    This amount is a non-GAAP financial measure but has been included as it is considered to be a critical metric with which to analyze and evaluate

    the financial condition and capital strength of the Company. This measure should not be considered a substitute for operating results determined in accordance with GAAP.

Cash, Federal Funds Sold and Interest-Bearing Deposits with Banks