MidFirst Bank is a privately owned bank in the United States based in Oklahoma City, Oklahoma. Its primary markets include Oklahoma City, Tulsa, western Oklahoma, Denver, and Phoenix, with commercial real estate lending offices in Atlanta, Chicago, Dallas, Houston, New York City and Southern California. MidFirst Bank offers personal, commercial, trust, private banking and mortgage banking products and services. The bank also operates 1st Century Bank of Los Angeles and Presidential Financial Corporation of Atlanta as divisions of MidFirst Bank. The Midland Group began in 1954 when W.R. Johnston, an experienced Oklahoma banker, purchased a 50 percent share in Midland Mortgage Company, an Oklahoma City-based company that had been formed four years earlier by a handful of individual investors. By 1963, Johnston and his son-in-law, George Records, had purchased the remaining 50 percent. Today, the Records family owns 100 percent of the Midland Group. In 1982, Midland Financial Co. purchased a newly formed charter bank in Stilwell, Oklahoma, named it MidFirst Bank and moved it to Oklahoma City. At the end of its first year, the bank had $1.7 million in assets and five employees.