Company: BANFP
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-030159
Chunk: 103

Company: BANCFIRST CORP /OK/
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 103
---
        332

        Residential real estate first lien

        3,879

        1,204

        1,849

        6,932

        1,251,812

        1,258,744

        731

        Residential real estate all other

        757

        190

        613

        1,560

        243,136

        244,696

        549

        Agriculture

        1,694

        724

        1,227

        3,645

        423,494

        427,139

        579

        Commercial non-real estate

        1,501

        436

        10,028

        11,965

        1,277,487

        1,289,452

        1,714

        Consumer non-real estate

        3,248

        1,090

        594

        4,932

        471,535

        476,467

        347

        Oil and gas

        —

        —

        92

        92

        586,562

        586,654

        —

        Total
         
        $
        16,429

        $
        11,405

        $
        22,992

        $
        50,826

        $
        7,605,819

        $
        7,656,645

        $
        9,542

 70 

Credit Quality IndicatorsThe Company considers credit quality indicators to monitor the credit risk in the loan portfolio including volume and severity of loan delinquencies, nonaccrual loans, internal grading of loans, historical credit loss experience and economic conditions. Indicators are reviewed and updated regularly throughout the year. An internal risk grading system is used to identify the credit risk of loans. The loan grades used by the Company are for internal risk identification purposes and do not directly correlate to regulatory classification categories or any financial reporting definitions. The general characteristics of the risk grades are as follows: Grade 1 – Acceptable - Loans graded 1 represent reasonable and satisfactory credit risk which requires normal attention and supervision. Capacity to repay through primary and/or secondary sources is not questioned. Grade 2 – Acceptable - Increased Attention - This category consists of loans that have credit characteristics deserving management’s close attention. These complexities or potential weaknesses could