BANCFIRST CORP OK
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
BANF$117.72-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flow
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2024 | 2023 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net income | $159,878 | $163,531 |
| Adjustments to reconcile to net cash provided by operating activities: | ||
| Provision for credit losses | 10,404 | 7,458 |
| Depreciation and amortization | 16,201 | 16,742 |
| Net amortization of securities premiums and discounts | (850) | (883) |
| Realized securities losses | 258 | 464 |
| Gain on sales of loans | (1,945) | (2,095) |
| Cash receipts from the sale of loans originated for sale | 152,279 | 118,786 |
| Cash disbursements for loans originated for sale | (115,407) | (114,312) |
| Deferred income tax benefit | (2,812) | (2,038) |
| Gain on sale of other assets | (1,259) | (1,635) |
| Increase in interest receivable | (3,219) | (8,519) |
| Increase in interest payable | 6,491 | 5,235 |
| Amortization of stock-based compensation arrangements | 2,580 | 2,077 |
| Excess tax benefit from stock-based compensation arrangements | (2,188) | (775) |
| Other, net | 23,657 | 6,245 |
| Net cash provided by operating activities | 244,068 | 190,281 |
| INVESTING ACTIVITIES | ||
| Net cash received from acquisitions, net of cash paid | — | 8,045 |
| Net decrease/(increase) in federal funds sold | 1,316 | (4,025) |
| Purchases of available for sale debt securities | (522) | (154,104) |
| Proceeds from maturities, calls and paydowns of held for investment debt securities | 353 | 1,350 |
| Proceeds from maturities, calls and paydowns of available for sale debt securities | 212,768 | 161,414 |
| Purchase of equity securities | (409) | (310) |
| Proceeds from paydowns and sales of equity securities | 353 | 531 |
| Net change in loans | (580,760) | (532,471) |
| Net payments on derivative asset contracts | (4,295) | (16,817) |
| Purchases of premises, equipment and computer software | (21,508) | (17,695) |
| Purchase of tax credits | (5,874) | (6,670) |
| Other, net | 10,156 | 24,756 |
| Net cash used in investing activities | (388,422) | (535,996) |
| FINANCING ACTIVITIES | ||
| Net change in deposits | 774,230 | (450,870) |
| Net change in short-term borrowings | 1,078 | 3,676 |
| Issuance of common stock in connection with stock options, net | 6,192 | 2,066 |
| Common stock acquired | — | (1,820) |
| Cash dividends paid | (42,536) | (39,486) |
| Net cash provided by (used in) financing activities | 738,964 | (486,434) |
| Net increase/(decrease) in cash, due from banks and interest-bearing deposits | 594,610 | (832,149) |
| Cash, due from banks and interest-bearing deposits at the beginning of the period | 2,397,463 | 3,168,910 |
| Cash, due from banks and interest-bearing deposits at the end of the period | $2,992,073 | $2,336,761 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||
| Cash paid during the period for interest | $200,309 | $131,864 |
| Cash paid during the period for income taxes | $36,356 | $42,680 |
| Noncash investing and financing activities: | ||
| Cash received for acquisitions | $— | $(7,833) |
| Fair value of assets acquired in acquisitions | $— | $2,981 |
| Liabilities assumed in acquisitions | $— | $10,814 |
| Unpaid common stock dividends declared | $15,236 | $14,156 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.