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BancFirst earnings up for quarter

By: Journal Record Staff//April 16, 2015//

BancFirst earnings up for quarter

By: Journal Record Staff//April 16, 2015//

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OKLAHOMA CITY – BancFirst Corp. on Thursday reported net income for the first quarter of $16.3 million, or $1.03 per diluted share, up from $14.7 million, or 94 cents per diluted share, for the first quarter of 2014.

Net interest income for the first quarter increased to $45.6 million from $42 million for the first quarter of 2014.

The provision for loan losses for the first quarter increased to $1.3 million from $1.2 million a year earlier.

At March 31, total assets were $6.6 billion, largely unchanged from Dec. 31. Loans at March 31 totaled $3.9 billion and deposits totaled $5.9 billion.

The financial services holding company’s principal subsidiary bank, BancFirst, has 95 banking locations serving 52 communities across Oklahoma.