The Federal Reserve Board on September 22, 2026, approved BancFirst Corporation’s application to acquire and merge with Spirit BankCorp, Inc. The transaction would give the Oklahoma City-based company indirect ownership of SpiritBank in Tulsa, Oklahoma.
Key Takeaways
- The approval covers BancFirst Corporation’s acquisition and merger with Spirit BankCorp.
- The Board also authorized BancFirst to merge with SpiritBank and operate branches at its locations.
- The announcement establishes regulatory approval, not completion of the transactions.
Table of Contents
- BancFirst merger approval covers company and bank transactions
- Approval announcement does not confirm completion
- Conclusion
BancFirst merger approval covers company and bank transactions
The Board’s decision addresses two levels of the proposed combination. At the corporate level, BancFirst Corporation would acquire and merge with Spirit BankCorp, which is based in Bristow, Oklahoma. SpiritBank would be acquired indirectly through that transaction.
At the bank level, the Board approved Oklahoma City-based BancFirst’s merger with SpiritBank. It also authorized BancFirst to establish and operate branches at SpiritBank’s locations.
Approval announcement does not confirm completion
The Tuesday release announces the Board’s approval of the application, rather than a completed acquisition or bank merger. It does not provide a closing date or transaction value.
The Federal Reserve’s announcement links to an accompanying order but does not summarize further terms in the release text.
Conclusion
The decision authorizes the corporate acquisition, related bank merger and branch operations; the release does not establish that those steps have been completed.
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