Company: BANFP
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-030159
Chunk: 110

Company: BANCFIRST CORP /OK/
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 110
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 developments, including mergers and acquisitions.

(8) DEPOSITS  Year-end deposits were as follows:  

        December 31,

        2024

        2023

        (Dollars in thousands)

        Noninterest-bearing demand deposits
         
        $
        3,907,060

        $
        3,982,226

        Money market and interest-bearing checking deposits

        5,231,327

        4,699,865

        Savings deposits

        1,110,020

        1,056,404

        Time deposits

        1,470,139

        961,627

        Total deposits
         
        $
        11,718,546

        $
        10,700,122

       The aggregate amount of overdrawn customer transaction deposits that have been reclassified as loan balances was $8.7 million at December 31, 2024 and $6.2 million at December 31, 2023. Total uninsured deposits, including certificates of deposits, were $4.0 billion and $3.2 billion as of the years ended December 31, 2024 and 2023, respectively. Time deposits include certificates of deposit and individual retirement accounts. At December 31, 2024, the scheduled maturities of all time deposits are as follows (Dollars in thousands):  

        2025
         
        $
        1,302,319

        2026

        102,796

        2027

        28,714

        2028

        21,919

        2029

        14,316

        Thereafter

        75

        Total
         
        $
        1,470,139

 81 

The following table is a summary of time deposits that meet or exceed the current Federal Deposit Insurance Corporation ("FDIC") insurance limit for the periods presented:  

        December 31,

        2024

        2023

        (Dollars in thousands)

        Time deposits of $250,000 or more
         
        $
        566,742

        $
        299,018

(9) SHORT-TERM BORROWINGS The following is a summary of short-term borrowings:  

        December 31,

        2024

        2023

        (Doll