BancFirst Corporation Announces Acquisition of American Bank of Oklahoma
BancFirst Corporation (NASDAQ: BANF) has announced an agreement to acquire American Bank of Oklahoma (ABOK), a privately held community bank based in Collinsville, Oklahoma. The acquisition target has $385 million in total assets, $280 million in loans, and $320 million in deposits. The deal is expected to close in Q3 2025, with ABOK's integration into BancFirst planned for Q4 2025. The acquisition strengthens BancFirst's presence in growing Northeastern Oklahoma communities of Collinsville and Skiatook.
BancFirst Corporation (NASDAQ: BANF) ha annunciato un accordo per acquisire American Bank of Oklahoma (ABOK), una banca comunitaria privata con sede a Collinsville, Oklahoma. L'obiettivo dell'acquisizione dispone di 385 milioni di dollari in attività totali, 280 milioni di dollari in prestiti e 320 milioni di dollari in depositi. L'operazione dovrebbe concludersi nel terzo trimestre del 2025, con l'integrazione di ABOK in BancFirst prevista per il quarto trimestre dello stesso anno. Questa acquisizione rafforza la presenza di BancFirst nelle comunità in crescita del nord-est dell'Oklahoma, come Collinsville e Skiatook.
BancFirst Corporation (NASDAQ: BANF) ha anunciado un acuerdo para adquirir American Bank of Oklahoma (ABOK), un banco comunitario privado con sede en Collinsville, Oklahoma. El objetivo de la adquisición cuenta con 385 millones de dólares en activos totales, 280 millones en préstamos y 320 millones en depósitos. Se espera que la operación se cierre en el tercer trimestre de 2025, con la integración de ABOK en BancFirst prevista para el cuarto trimestre de 2025. Esta adquisición fortalece la presencia de BancFirst en las comunidades en crecimiento del noreste de Oklahoma, como Collinsville y Skiatook.
BancFirst Corporation (NASDAQ: BANF)는 오클라호마주 콜린스빌에 본사를 둔 비상장 커뮤니티 은행인 American Bank of Oklahoma (ABOK)를 인수하기로 합의했다고 발표했습니다. 인수 대상은 총 자산 3억 8,500만 달러, 대출 2억 8,000만 달러, 예금 3억 2,000만 달러를 보유하고 있습니다. 거래는 2025년 3분기에 완료될 예정이며, ABOK는 2025년 4분기에 BancFirst에 통합될 계획입니다. 이번 인수는 콜린스빌과 스키아툭 등 오클라호마 북동부 성장 지역에서 BancFirst의 입지를 강화합니다.
BancFirst Corporation (NASDAQ : BANF) a annoncé un accord pour acquérir American Bank of Oklahoma (ABOK), une banque communautaire privée basée à Collinsville, Oklahoma. La cible de l'acquisition dispose de 385 millions de dollars d'actifs totaux, 280 millions de dollars en prêts et 320 millions de dollars en dépôts. La transaction devrait être finalisée au troisième trimestre 2025, avec l'intégration d'ABOK dans BancFirst prévue pour le quatrième trimestre 2025. Cette acquisition renforce la présence de BancFirst dans les communautés en croissance du nord-est de l'Oklahoma, notamment Collinsville et Skiatook.
BancFirst Corporation (NASDAQ: BANF) hat eine Vereinbarung zur Übernahme der American Bank of Oklahoma (ABOK) bekannt gegeben, einer privat geführten Gemeinschaftsbank mit Sitz in Collinsville, Oklahoma. Das Übernahmeziel verfügt über 385 Millionen US-Dollar an Gesamtvermögen, 280 Millionen US-Dollar an Krediten und 320 Millionen US-Dollar an Einlagen. Der Abschluss der Transaktion wird für das dritte Quartal 2025 erwartet, mit der Integration von ABOK in BancFirst im vierten Quartal 2025. Die Übernahme stärkt BancFirsts Präsenz in den wachsenden Gemeinden im Nordosten Oklahomas, insbesondere in Collinsville und Skiatook.
- None.
- Integration costs and potential operational challenges during merger process
- Regulatory approval still pending
David Harlow, CEO of BancFirst Corporation, commented:
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Teresa Brown, President & CEO of American Bank of
"Joining forces with BancFirst represents a great opportunity for our customers and employees to join one of the strongest banks in the country. We share common values and a commitment to local service, and we look forward to the partnership."
American Bank of
About BancFirst Corporation
BancFirst Corporation is an
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SOURCE BancFirst
FAQ
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