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Article: OK-based BancFirst to buy First Bartlesville Bank
- Article from:
- THE JOURNAL RECORD
- Article date:
- April 26, 2006
- Author:
CopyrightCopyright 2006 THE JOURNAL RECORD. Provided by ProQuest LLC. (Hide copyright information)
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BancFirst Corp. has entered into an agreement to acquire First
Bartlesville Bank, officials announced Tuesday.
Financial details of the purchase were not revealed. The
Bartlesville bank has about $44 million in total assets, about $40
million in deposits and $3.7 million in equity capital. BancFirst
Corp. is a financial services holding company whose principal
subsidiary bank, BancFirst, is Oklahoma's largest state-chartered
bank with total assets of $3.4 billion serving 47 communities across
the state.
BancFirst officials said the acquired bank will operate as First
Bartlesville Bank until it is fully merged into the BancFirst system,
expected by the end of the year. The transaction, ...