M&A - BANCFIRST CORP /OK/
Form Type: 8-K
Filing Date: 2025-05-21
Corporate Action: Acquisition
Type: New
Accession Number: 000095017025075581
Filing Summary: On May 20, 2025, BancFirst Corporation announced an agreement to acquire American Bank of Oklahoma (ABOK), a privately held community bank based in Collinsville, Oklahoma. ABOK has approximately $385 million in total assets, $280 million in loans, and $320 million in deposits. The transaction is expected to close in the third quarter of 2025, pending regulatory approvals and customary closing conditions. After the acquisition, American Bank of Oklahoma will continue to operate under its current name until it is merged into BancFirst, which is projected to occur in the fourth quarter of 2025.
Additional details:
Date Of Report: 2025-05-21
Acquired Company Name: American Bank of Oklahoma
Acquired Company Assets: 385 million
Acquired Company Loans: 280 million
Acquired Company Deposits: 320 million
Transaction Closing Estimate: third quarter of 2025
Merger Estimate: fourth quarter of 2025
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