BancFirst Corporation Announces Acquisition of American Bank of Oklahoma

Core Points - BancFirst Corporation has announced an agreement to acquire American Bank of Oklahoma, which has approximately $385 million in total assets, $280 million in loans, and $320 million in deposits [1][2] - The acquisition is expected to close in the third quarter of 2025, pending regulatory approvals and customary closing conditions [1] - American Bank of Oklahoma will continue to operate under its current name until it merges with BancFirst, anticipated in the fourth quarter of 2025 [2] Company Overview - BancFirst Corporation is an Oklahoma-based financial services holding company with total assets of $14 billion as of March 31, 2025 [3] - BancFirst was ranked in the top 20 on Forbes' list of America's Best Banks of 2025, making it the highest-rated bank in Oklahoma [3] - The company also owns 100% of BancFirst Insurance Services, an independent insurance agency [3]