Shareholders’ Meeting - BancFirst · Investor, 19%. RE Comm - Owner Occupied, 13%. RE Constr,...

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Shareholders’ Meeting May 24, 2018

• Total Assets: $7.6 billion

• Total Equity: $838 million

• 159,000 Oklahoma Households

• 36,000 Oklahoma Businesses

• 1,880+ Employees

• Largest State Chartered Bank in Oklahoma

• Symbol BANF on NASDAQ Global Select

BancFirst Corporation

Balance Sheet

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

Total Assets ($ in Millions)

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

Total Deposits ($ in Millions)

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

Total Loans ($ in Millions)

$0$100$200$300$400$500$600$700$800$900

Equity ($ in Millions)

Demand Deposits39%

Interest-Bearing Transaction

Accounts, 12%

Treasury Fund (MMDA)

Other Savings10%

CDs < $250,0009%

CDs > $250,0002%

Metro Areas, 47%

Community Banks, 53%

Retail, 78%

Commercial, 22%

Deposit Mix

• Beta of all deposits was 0.48 for 1st quarter 2018 and 0.20 over last 5 rate increases (125 basis points since December 2015).

NOTE: Basel III became effective on 1/1/2015

Capital Ratios

Basel III BancFirst BancFirst Well

(Bank) Corp Capitalized

Total Capital/Risk Assets 13.46% 15.48% > 10.00%

Common Equity Tier 1/Risk 12.10% 13.93% > 6.50%Assets

Tier 1 Capital/Risk Assets 12.48% 14.51% > 8.00%

Leverage Ratio 8.96% 10.43% > 5.00%(Tier 1 Capital/TA)

March 31, 2018

Commercial, 18%

RE 1-4 Family, 19%

RE Comm -Investor, 19%

RE Comm -Owner Occupied,

RE Constr, 10% RE Other, 6%Consumer, 5%

Agriculture, 3%

Direct Energy, 2%

Indirect Energy, 1%

Other, 4%

Loan Portfolio Composition

Metro Areas, 50%

Community Banks, 50%

Commercial, 84%

Retail, 16%

Income Statement

0.45 0.45 0.50 0.59 0.61 0.57 0.69

0.80 0.84 1.02 1.00

1.17 1.34

1.54 1.67

1.35 1.47

1.68 1.75 2.02 2.09

0.680.89

Earnings Per Share

Noninterest Income

0.060.070.080.090.110.130.150.170.180.200.240.270.30

0.340.38

0.420.450.480.52

0.560.60

0.650.70

0.740.8

$0.00$0.10$0.20$0.30$0.40$0.50$0.60$0.70$0.80$0.90

Dividends Declared

Net Interest Income

($30,000)

($20,000)

($10,000)

$10,000

$20,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Volume/Rate Analysis

Volume Rate

Change in Net Interest Income

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Service Charges NSF Fees Insurance CommTrust Cash Mgmt Loan Sales

Non-interest Income Composition

S&P 500

KBW Bank Index

• Average increase in common stock price since IPO has been 12.6% vs. S&P 500 of 6.8% and KBW Bank Index of 4.4%

• BancFirst has a beta of 0.61

Stock Performance vs. the General Market since IPO

One of America’s Strongest Banks

Forward-Looking StatementsThis presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 with respect to earnings and other financial information, corporate objectives, and other business matters. Forward-looking statements include estimates and give our current expectations or forecasts of future events. These forward-looking statements are subject to numerous assumptions, risks and uncertainties. Actual results may differ materially. These risks and other factors are described more fully in the Company’s Annual Report on Form 10-K for 2016 and other filings with the Securities and Exchange Commission.

Shareholders’ Meeting - BancFirst · Investor, 19%. RE Comm - Owner Occupied, 13%. RE Constr,...

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