BancFirst Corporation, an Oklahoma based financial services company, has announced the acquisition of First Bartlesville Bank.
First Bartlesville claims nearly $47 million in assets, $42 million in deposits, and $3.9 million in equity capital. The acquisition will be accounted for as a purchase. The bank will operate as First Bartlesville Bank until its systems are merged into the BancFirst system later this year.
The bank will continue to operate as First Bartlesville Bank until its systems are merged into the BancFirst system later this year.
BancFirst Corporation is an Oklahoma based financial services holding company. The Company’s principal subsidiary bank, BancFirst, is Oklahoma’s largest state-chartered bank with total assets of $3.4 billion, loans of $2.3 billion, deposits of $3.0 billion and equity of $320 million. BancFirst offers banking services throughout 47 communities across Oklahoma.