BancFirst agreed to acquire SpiritBank, with the transaction set to close in the fourth quarter for an undisclosed sum, and the deal marked the bank's second Tulsa-area acquisition in roughly a year.
DEAL DETAILS AND TIMING
BancFirst announced the agreement on 10 June and did not disclose the purchase price. BancFirst said the transaction was expected to close in the fourth quarter, subject to customary closing conditions and regulatory approvals. In May 2025 BancFirst announced it would acquire American Bank of Oklahoma, based in Collinsville, about 20 miles north of Tulsa; the Federal Reserve approved that deal in October 2025.
SpiritBank has $939.6 million in assets, $847.2 million in deposits and $618.4 million in loans, and would add five branches to BancFirst's network: three in Tulsa and two to the south-west of the city, including Bristow and Sapulpa.
"Oklahoma is our home and we are excited to bring two outstanding communities, Bristow and Sapulpa, into our family," BancFirst chief executive David Harlow said. SpiritBank chief executive Rick Harper said: "We had choices for partners and chose BancFirst because they reflect our own customer and community commitment."
MARKET CONTEXT AND IMPLICATIONS
In the Tulsa area, the combined company is expected to hold about 6.5% of Tulsa's deposit market, according to American Banker.
BancFirst said Spirit will operate under its present name until it is merged into BancFirst.
Sources: BancFirst Corporation Form 8-K, 10 June 2026; Banking Dive; American Banker