MidFirst Bank Names Scott F. Smith Co-CEO and Vice Chairman Effective October 1

July 7, 2022

G. Jeffrey Records, Jr. will continue as Chairman of the Board and serve also as Co-CEO; Todd Dobson will continue as President.

OKLAHOMA CITY – July 7, 2022 -- MidFirst Bank, the largest privately owned bank in the United States, today announced that Scott F. Smith has been named Co-CEO and Vice Chairman of the Board effective October 1.

Smith, who has worked with CEO and Chairman of the Board Jeff Records and the MidFirst management team for 20 years as an outside legal and business advisor, was chair of Covington & Burling’s global corporate practice from 1999 through 2020, and is a former member of the firm’s executive and management committees. 

Records stated, “Scott has been a trusted partner to me and bank management for two decades, advising the bank through many significant events. His wealth of knowledge, abilities and judgment make him a valuable addition to our already strong and experienced executive team. Todd Dobson will continue in his important leadership role as President working alongside Scott and me.

“I will remain actively involved and invested in the strategic direction of the bank’s future. Bringing on Scott in this critical role allows me to allocate more time to fostering customer relationships, business development and charitable endeavors. As a family owned institution, MidFirst is committed to the communities we serve and excited about the opportunities to expand into new markets.”

“I’ve worked with Scott for many years and look forward to him joining the MidFirst team full time,” said Dobson. “We’ve had a long history of success under Jeff’s leadership, and we are well positioned to sustain the bank’s consistent strength, stability and performance in the years ahead. The opportunities in front of us are exciting, and Scott’s contributions will be of great value to our continuing success.”

Smith shared the enthusiasm of Records and Dobson: “I am excited to become more involved with MidFirst and its strong, experienced executive team. MidFirst's record of continuous growth and performance, combined with the focus placed on providing quality service to its customers and communities, is outstanding. I am proud to help lead the bank toward more success in the future as I work closely with Jeff, Todd and the entire team.”

About MidFirst Bank

With more than $32.2 billion in assets, Oklahoma City-based MidFirst Bank is the largest privately owned bank in the country. MidFirst Bank has banking centers in Oklahoma, Arizona, Colorado and Texas and operates 1st Century Bank as a division of MidFirst Bank in Southern California. The Bank provides commercial banking, wealth management, private banking and mortgage servicing nationally.