The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

BancFirst to buy Okla. branch from RCB Bank

BancFirst in Oklahoma City plans to buy a branch from RCB Bank in Claremore, Okla.

The $12.4 billion-asset BancFirst applied with the Federal Deposit Insurance Corp. to buy the branch, located in Stroud, Okla., according to a legal notice tied to the application.

The branch had $15 million of deposits in mid-2022, according to FDIC data.

BancFirst is already the biggest bank in Lincoln County, where the branch is located, with six branches and two-thirds of the deposits.

RCB has also been an acquirer in recent years, buying Oklahoma State Bancshares and branches from Arvest Bank.

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