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BancFirst reports earnings gain
By: Journal Record Staff//October 16, 2014//
Listen to this articleOKLAHOMA CITY – BancFirst Corp. on Thursday reported net income for the third quarter of $18.8 million, or $1.19 per diluted share, up from $14.5 million or 93 cents per diluted share, for the third quarter of 2013.
Net income for the first nine months of 2014 totaled $48.1 million, or $3.05 per diluted share, up from $40.5 million, or $2.61 per diluted share, a year earlier.
Net interest income for the third quarter totaled $46.5 million, up from $40.7 million for the third quarter of 2013. The net interest margin for the quarter increased to 3.13 percent from 3.01 percent a year earlier.
At Sept. 30, assets totaled $6.4 billion, up $367.6 million, or 6.1 percent, from $6 billion at Dec. 31. Loans totaled $3.8 billion, up $375.2 million from Dec. 31. Deposits totaled $5.7 billion, up $320.9 million.
BancFirst has 95 banking locations across Oklahoma.
