BancFirst acquires Park State Bank

Monday, October 24th 2005, 5:18 pm
By: News On 6

OKLAHOMA CITY (AP) -- BancFirst Corporation has entered into an agreement to purchase Park State Bank in Nicoma Park.

Terms of the transaction were not disclosed.

Park State Bank had total assets of $44-million and equity of $8-million as of September 30th. The transaction was expected to close by the end of this year. It is subject to regulatory approval.

BancFirst Corporation is an Oklahoma City-based financial services holding company. Its principal subsidiary is BancFirst, Oklahoma's largest state-chartered bank with 84 banking locations in the state.