<SEC-DOCUMENT>0000875357-18-000084.txt : 20181001
<SEC-HEADER>0000875357-18-000084.hdr.sgml : 20181001
<ACCEPTANCE-DATETIME>20181001135431
ACCESSION NUMBER:		0000875357-18-000084
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20181001
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20181001
DATE AS OF CHANGE:		20181001

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BOK FINANCIAL CORP ET AL
		CENTRAL INDEX KEY:			0000875357
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				731373454
		STATE OF INCORPORATION:			OK
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37811
		FILM NUMBER:		181096923

	BUSINESS ADDRESS:	
		STREET 1:		BANK OF OKLAHOMA TOWER
		STREET 2:		BOSTON AVENUE AT SECOND STREET
		CITY:			TULSA
		STATE:			OK
		ZIP:			74172
		BUSINESS PHONE:		9185886000

	MAIL ADDRESS:	
		STREET 1:		BANK OF OKLAHOMA TOWER
		STREET 2:		P O BOX 2300
		CITY:			TULSA
		STATE:			OK
		ZIP:			74192
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a20181001cobizacquisitionc.htm
<DESCRIPTION>8-K
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2018 Workiva -->
		<title>Document</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="sdc0488815db846abafc4c545aa3c9816"></a></div><div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">UNITED STATES </font></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:13pt;"><font style="font-family:inherit;font-size:13pt;">Washington, DC 20549 </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">FORM 8-K </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CURRENT REPORT </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Date of Report (Date of earliest event reported): </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">October 1, 2018</font></div><div style="line-height:120%;text-align:center;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Commission File No. 0-19341</font></div><div style="line-height:120%;text-align:center;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">BOK FINANCIAL CORPORATION</font></div><div style="line-height:120%;text-align:center;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(Exact name of registrant as specified in its charter)</font></div><div style="line-height:120%;text-align:center;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:42%;"></td><td style="width:30%;"></td><td style="width:28%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Oklahoma</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">73-1373454</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(State or other jurisdiction</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">of Incorporation or Organization)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(IRS Employer</font></div><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Identification No.)</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Bank of Oklahoma Tower</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Boston Avenue at Second Street</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tulsa, Oklahoma</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">74192</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(Address of Principal Executive Offices)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(Zip Code)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(918) 588-6000</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(Registrant&#8217;s telephone number, including area code)</font></div><div style="line-height:120%;text-align:center;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">N/A</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">___________________________________________ </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(Former name or former address, if changes since last report) </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425). </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12). </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)). </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)). </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter). </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Wingdings;font-size:10pt;">&#168; </font><font style="font-family:inherit;font-size:10pt;">Emerging growth company </font></div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  </font><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div><div style="line-height:120%;text-align:center;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">INFORMATION TO BE INCLUDED IN THE REPORT</font></div><div style="line-height:120%;text-align:center;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ITEM 2.01</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Completion of Acquisition or Disposition of Assets</font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On October 1, 2018, BOK Financial Corporation, an Oklahoma corporation (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Company</font><font style="font-family:inherit;font-size:10pt;">&#8221;), completed its previously announced merger (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Merger</font><font style="font-family:inherit;font-size:10pt;">&#8221;) with CoBiz Financial, Inc., a Colorado corporation (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CoBiz</font><font style="font-family:inherit;font-size:10pt;">&#8221;), pursuant to the Agreement and Plan of Merger (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Merger Agreement</font><font style="font-family:inherit;font-size:10pt;">&#8221;) dated as of June 17, 2018, between CoBiz, the Company, and an Oklahoma corporation and wholly owned subsidiary of the Company, BOKF Merger Corporation Number Sixteen (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Merger Subsidiary</font><font style="font-family:inherit;font-size:10pt;">&#8221;).  At the effective time of the Merger (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Effective Time</font><font style="font-family:inherit;font-size:10pt;">&#8221;), CoBiz merged with and into the Merger Subsidiary, with the Merger Subsidiary as the surviving corporation in the Merger.  Pursuant to the terms of the Merger Agreement, each holder of CoBiz&#8217;s common stock, $0.01 par value (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CoBiz Common Stock</font><font style="font-family:inherit;font-size:10pt;">&#8221;), has the right to receive 0.17 shares of common stock (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Per Share Stock Consideration</font><font style="font-family:inherit;font-size:10pt;">&#8221;) of the Company, $0.00006 par value (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Company Common Stock</font><font style="font-family:inherit;font-size:10pt;">&#8221;) and $5.70 in cash (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Per Share Cash Consideration</font><font style="font-family:inherit;font-size:10pt;">&#8221;) for each share of CoBiz Common Stock held immediately prior to the Effective Time, with cash to be paid in lieu of fractional shares (the Per Share Stock Consideration and the Per Share Cash Consideration, the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Merger Consideration</font><font style="font-family:inherit;font-size:10pt;">&#8221;).  </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Also, at the Effective Time, each outstanding  CoBiz stock option (&#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CoBiz Stock Option</font><font style="font-family:inherit;font-size:10pt;">&#8221;) was cancelled and converted automatically into the right to receive the Merger Consideration with respect to a number of shares of CoBiz Common Stock equal to the (x) product of (A) the number of shares of CoBiz Common Stock subject to such CoBiz Stock Option </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">multiplied by </font><font style="font-family:inherit;font-size:10pt;">&#32;(B) the excess, if any, of (i) the sum of the Per Share Stock Consideration and the Per Share Cash Consideration over (ii) the exercise price per share, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">divided by</font><font style="font-family:inherit;font-size:10pt;">&#32;(y) the sum of the Per Share Stock Consideration and the Per Share Cash Consideration.  Any CoBiz Stock Option that had an exercise price per share of CoBiz Common Stock that was greater than or equal to the sum of (x) Per Share Stock Consideration plus (y) the Per Share Cash Consideration was cancelled in exchange for no consideration.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Also, at the Effective Time, each award in respect of a share of CoBiz Common Stock subject to vesting, repurchase or other lapse restriction granted under the CoBiz Stock Plan that was outstanding immediately prior to the Effective Time (a &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">CoBiz Restricted Stock Award</font><font style="font-family:inherit;font-size:10pt;">&#8221;), fully vested and was cancelled and converted automatically into the right to receive the Merger Consideration in respect of each share of CoBiz Common Stock underlying such CoBiz Restricted Stock Award.  </font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">It is expected that in the first quarter of 2019, CoBiz Bank, a Colorado state bank, will be merged with and into the Company&#8217;s wholly-owned subsidiary, BOKF, NA (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Bank Merger</font><font style="font-family:inherit;font-size:10pt;">&#8221;) with BOKF, NA as the surviving bank in the Bank Merger. </font></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The foregoing description of the transactions contemplated by the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the Merger Agreement, attached as Exhibit 99.1 to the Company&#8217;s Current Report on Form 8-K filed on June 18, 2018 and incorporated herein by reference. </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 5.02</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On October 1, 2018, pursuant to the terms of the Merger Agreement and the Board of Director resolution approving the Merger Agreement, a majority of the shareholders of the Company increased the size of the Company Board of Directors (the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Board</font><font style="font-family:inherit;font-size:10pt;">&#8221;) by one and elected Steven Bangert, former Chairman and Chief Executive Officer of CoBiz, to the Board.  Mr. Bangert will stand for re-election to the Board at the next annual meeting of shareholders to be held in April 2019.  </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 8.01</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Other Events</font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#32;The Company issued a press release respecting the closing of the Merger.  A copy of the press release is incorporated herein by reference as Exhibit 99.1</font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 9.01</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Financial Statements and Exhibits</font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">(a)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Statements of Businesses Acquired.</font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:72px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial statements of the business acquired will be filed by amendment to this Current Report on Form 8-K (this &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Report</font><font style="font-family:inherit;font-size:10pt;">&#8221;) no later than 71 days following the date that this Report is required to be filed.</font></div><div style="line-height:120%;text-align:left;padding-left:96px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">(b)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Pro Forma Financial Information.</font></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:72px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pro forma financial information will be filed by amendment to this Report no later than 71 days following the date that this Report is required to be filed.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">(a)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Exhibits</font></div></td></tr></table><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Exhibit No. &#160;&#160;&#160;&#160;Description</font></div><div style="line-height:120%;text-align:left;padding-left:48px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:144px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">2.1</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><a style="text-decoration:underline;color:#0000FF;-sec-extract:exhibit;" href="http://www.sec.gov/Archives/edgar/data/875357/000087535718000038/a20180618ex991agreementand.htm"><font style="font-family:inherit;font-size:10pt;">Agreement and Plan of Merger by and between BOK Financial Corporation, CoBiz Financial, Inc. and BOKF Merger Corporation Number Sixteen, dated as of June 17, 2018 (attached as Exhibit 99.1 to BOK Financial Corporation&#8217;s Current Report on Form 8-K filed on June 18, 2018 and incorporated herein by reference.)</font></a></div></td></tr></table><div style="line-height:120%;text-align:left;padding-left:48px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><a style="text-decoration:underline;color:#0000FF;-sec-extract:exhibit;" href="a20181001cobizacquisitionp.htm"><font style="font-family:inherit;font-size:10pt;">Press Release, dated October 1, 2018.</font></a><font style="font-family:inherit;font-size:10pt;">&#32;&#32;</font></div><div style="line-height:120%;text-align:left;padding-left:144px;text-indent:-72px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Signature</font></div><div style="line-height:120%;text-align:center;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:288px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">BOK FINANCIAL CORPORATION</font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:288px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">By:  </font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">&#32;/s/ Steven E. Nell         &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></div><div style="line-height:120%;text-align:left;text-indent:288px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#32;&#32;&#32;&#32;&#32;&#32;&#32;&#32;Steven E. Nell</font></div><div style="line-height:120%;text-align:left;text-indent:288px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#32;&#32;&#32;&#32;&#32;&#32;&#32;&#32;Executive Vice President</font></div><div style="line-height:120%;text-align:left;text-indent:288px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#32;&#32;&#32;&#32;&#32;&#32;&#32;&#32;Chief Financial Officer</font></div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Date:  October 1, 2018 </font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;-sec-extract:summary;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div><br></div><div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>a20181001cobizacquisitionp.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2018 Workiva -->
		<title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="s6b6e9a17fe854e24a8426461e96812e3"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:174%;padding-bottom:10px;text-align:left;"><img src="bokfinanciala01.gif" alt="bokfinanciala01.gif" style="font-family:Calibri,sans-serif;font-size:12pt;font-weight:bold;height:46px;width:354px;"></div><div style="line-height:174%;padding-bottom:10px;text-align:left;font-size:12pt;"><font style="font-family:Calibri,sans-serif;font-size:12pt;"><br></font></div><div style="line-height:174%;padding-bottom:10px;text-align:left;font-size:12pt;"><font style="font-family:Calibri,sans-serif;font-size:12pt;font-weight:bold;">NASD: BOKF</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Calibri,sans-serif;font-size:11pt;">For Further Information Contact:</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Calibri,sans-serif;font-size:11pt;">Katy Hall </font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Calibri,sans-serif;font-size:11pt;">Corporate Communications </font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Calibri,sans-serif;font-size:11pt;">(918) 588-6502</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:Calibri,sans-serif;font-size:12pt;font-weight:bold;">BOK Financial completes CoBiz acquisition</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">TULSA, Okla., Oct. 1, 2018  -- BOK Financial Corporation (NASDAQ: BOKF) today announced&#160;that it has completed the previously announced acquisition of CoBiz Financial Inc. (NASDAQ: COBZ), forming the premier commercial bank in Colorado and Arizona. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">&#8220;The closing of the acquisition of CoBiz is a prominent milestone for our organization,&#8221; said Steven G. Bradshaw, president and chief executive officer of BOK Financial. "The past performance of our two companies, the strength of our reputations, and the synergies between our business models made CoBiz a perfect merger partner for BOK Financial. Today we celebrate the culmination of both organization&#8217;s shared goal of serving the needs of our customers, employees, and communities.&#8221;</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">The combined organization is now uniquely positioned to win market share and expand its wide variety of products and services in both the Colorado and Arizona markets. The merger drives an internal rate of return in excess of 20 percent, and BOK Financial expects this acquisition to be six percent accretive to earnings in 2019, and nine percent accretive to earnings in 2020, the first full year with synergies.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">The combination also projects to achieve annual cost savings of approximately 40 percent of CoBiz&#8217;s non-interest expense, as well as add strength in return on equity and return on assets, and provides further geographic diversity for the banks&#8217; loan and deposit portfolio.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">About BOK Financial Corporation</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">BOK Financial Corporation is a $38 billion regional financial services company based in Tulsa, Oklahoma. The company's stock is publicly traded on NASDAQ under the Global Select market listings (BOKF). BOK Financial's holdings include BOKF, NA, BOK Financial Securities, Inc. and The Milestone Group, Inc. BOKF, NA operates TransFund, Cavanal Hill Investment Management, BOK Financial Asset Management, Inc. and seven banking divisions: Bank of Albuquerque, Bank of Arizona, Bank of Arkansas, Bank of Oklahoma, Bank of Texas, Colorado State Bank and Trust and Mobank. Through its subsidiaries, the company provides commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit&#160;www.bokf.com.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Forward-Looking Statements </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, CoBiz Financial Inc.&#8217;s and BOK Financial Corporation&#8217;s expectations or predictions of future financial or business performance or conditions. </font></div><div><br></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Forward-looking statements are typically identified by words such as &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;target,&#8221; &#8220;estimate,&#8221; &#8220;continue,&#8221; &#8220;positions,&#8221; &#8220;plan,&#8221; &#8220;predict,&#8221; &#8220;project,&#8221; &#8220;forecast,&#8221; &#8220;guidance,&#8221; &#8220;goal,&#8221; &#8220;objective,&#8221; &#8220;prospects,&#8221; &#8220;possible&#8221; or &#8220;potential,&#8221; by future conditional verbs such as &#8220;assume,&#8221; &#8220;will,&#8221; &#8220;would,&#8221; &#8220;should,&#8221; &#8220;could&#8221; or &#8220;may&#8221;, or by variations of such words or by similar expressions. These forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made and we assume no duty to update forward-looking statements. Actual results may differ materially from current projections.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">In addition to factors previously disclosed in CoBiz Financial Inc.&#8217;s and BOK Financial Corporation&#8217;s reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: difficulties and delays in integrating CoBiz Financial Inc.&#8217;s business or fully realizing cost savings and other benefits; business disruption following the merger; changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; changes in interest rates and capital markets; inflation; customer acceptance of BOK Financial Corporation&#8217;s products and services; customer borrowing, repayment, investment and deposit practices; customer disintermediation; the introduction, withdrawal, success and timing of business initiatives; competitive conditions; the inability to realize cost savings or revenues or to implement integration plans and other consequences associated with mergers, acquisitions and divestitures; economic conditions; and the impact, extent and timing of technological changes, capital management activities, and other actions of the Federal Reserve Board and legislative and regulatory actions and reforms.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;">Important Additional Information and Where to Find It</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">In connection with the proposed merger, BOK Financial Corporation filed with the SEC a Registration Statement on Form S-4 that included the Proxy Statement of CoBiz Financial Inc. and a Prospectus of BOK Financial Corporation, as well as other relevant documents concerning the transaction. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. INVESTORS AND SHAREHOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT AND THE PROXY STATEMENT/PROSPECTUS REGARDING THE MERGER E AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">A free copy of the Proxy Statement/Prospectus, as well as other filings containing information about BOK Financial Corporation and CoBiz Financial Inc., may be obtained at the SEC&#8217;s Internet site (</font><font style="font-family:Arial;font-size:11pt;color:#b00027;text-decoration:underline;">http://www.sec.gov</font><font style="font-family:Arial;font-size:11pt;">). You will also be able to obtain these documents, free of charge, from CoBiz Financial Inc. at&#160;</font><font style="font-family:Arial;font-size:11pt;color:#b00027;text-decoration:underline;">ir.cobizfinancial.com</font><font style="font-family:Arial;font-size:11pt;color:#555555;">&#160;</font><font style="font-family:Arial;font-size:11pt;">or from BOK Financial Corporation by accessing BOK Financial Corporation&#8217;s website at&#160;</font><font style="font-family:Arial;font-size:11pt;color:#b00027;text-decoration:underline;">www.bokf.com</font><font style="font-family:Arial;font-size:11pt;color:#555555;">. </font><font style="font-family:Arial;font-size:11pt;">Copies of the Proxy Statement/Prospectus can also be obtained, free of charge, by directing a request to CoBiz Financial Inc. Investor Relations at CoBiz Financial Inc. Investor Relations, 1401 Lawrence Street, Suite 1200, Denver, CO, by calling (303) 312-3412, or by sending an e-mail to&#160;</font><font style="font-family:Arial;font-size:11pt;color:#b00027;text-decoration:underline;">info@cobizfinancial.com</font><font style="font-family:Arial;font-size:11pt;color:#555555;">&#160;</font><font style="font-family:Arial;font-size:11pt;">or to BOK Financial Corporation Investor Relations at Bank of Oklahoma Tower, Boston Avenue at Second Street, Tulsa, Oklahoma, by calling (918) 588-6000 or by sending an e-mail to</font><font style="font-family:Arial;font-size:11pt;color:#555555;">&#160;</font><font style="font-family:Arial;font-size:11pt;color:#b00027;text-decoration:underline;">investorrelations@bokf.com</font><font style="font-family:Arial;font-size:11pt;color:#555555;">.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">Information regarding CoBiz Financial Inc.&#8217;s directors and executive officers is contained in CoBiz Financial Inc.&#8217;s Annual Report on Form 10-K for the year ended December 31, 2017 and its Proxy Statement on Schedule 14A, dated March 9, 2018, which are filed with the SEC.&#160; Information regarding BOK Financial Corporation&#8217;s directors and executive officers is contained in BOK Financial Corporation&#8217;s Annual Report on Form 10-K for the year ended December 31, 2017 and its Proxy Statement on Schedule 14A, dated March 15, 2018, which are filed with the SEC. </font></div><div><br></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>bokfinanciala01.gif
<TEXT>
begin 644 bokfinanciala01.gif
M1TE&.#EAY0%! /<       (" @4%!0H*"@T-#1(2$A04%!D9&1T='2$A(20D
M)"8F)BDI*2PL+"XN+C P,#(R,C4U-3@X.#HZ.CT]/4%!045%14E)24U-35!0
M4%)24E5555E965U=76%A865E96EI:6UM;7!P<')R<G5U=7EY>7Q\?+P %;X
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M>]IJ?-IL?MMN@-QN@=IQ@MQP@MQRA-QTA=UWB-UXB=YZC-]\B]Y]C>!^CX"
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M$P,=80X!$I%C LY"EDOP^$/(RI8/&/OXCH%C$!?+>4B=VH X@B(L<Q IV[&
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MCYC_Q)&D8C[PFP$+XN.-K3T$!7#(FX2.-$O%V&@@Y/C4AS83$F18DTC_Z"4
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M"%S(#5* !GK8HPTKV*"(93"#%KOXQ2_&2[SZ,I"Y(=!J>?A(,0@P@![[^,=
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M;X(A RL H@/!#@=4-RN !P+WKU7!#.CJ:_>P@ ![%?6P!F925SG0 EK0"^X
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M#7W\+ORBM5GX& <0 10P 8&2 (3)&&%<$)?PFN$C 1Y0"(K@"(I0"!U@F0<
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M!<+='!?Q94@"S4P66QI598!,)1V$)(%3D=2-(!H"?3G)Y]A_(UYRN/F!ZUH
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JYA8KNP9Z?-:UKX5M;&4[V[MV@HRHQ:V^*MN&>=#6M[\%;G"%V]>    [

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
