secwatch.observer — SEC 8-K summary
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Issuer:     BANCFIRST CORP /OK/ (BANF)
CIK:        0000760498
Form:       8-K
Filed at:   2024-04-19T23:59:59+00:00
Accession:  0000950170-24-045660
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BancFirst Q1 net income $50.3M, EPS $1.50 vs $1.72 YoY; NIM 3.70% from 3.89%
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- Net income $50.3M ($1.50/diluted) vs $57.5M ($1.72) in Q1 2023, down 12.5%.
- Net interest income $106.1M vs $109.2M YoY; net interest margin compressed to 3.70% from 3.89%.
- Loans grew $127.7M to $7.8B; deposits up $209.5M to $10.9B; total assets $12.6B.
- Provision for credit losses $4.0M vs $2.3M; nonaccrual loans 0.54% of loans vs 0.32% year-end.
- Noninterest income $44.9M vs $47.8M; Durbin Amendment reduced interchange fees by ~$5.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/760498/000095017024045660/0000950170-24-045660-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/760498/000095017024045660/banf-20240418.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-045660

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