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Reportable Segments (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Reportable Segments [Table Text Block]

Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended June 30, 2021 is as follows (in thousands):

						Commercial						Consumer						Wealth Management						Funds Management and Other						BOK Financial Consolidated
Net interest revenue from external sources						$	151,942					$	17,552					$	52,966					$	57,849					$	280,309
Net interest revenue (expense) from internal sources						(21,041)						7,393						(673)						14,321						—
Net interest revenue						130,901						24,945						52,293						72,170						280,309
Provision for credit losses						16,268						425						(54)						(51,639)						(35,000)
Net interest revenue after provision for credit losses						114,633						24,520						52,347						123,809						315,309
Other operating revenue						65,269						37,714						79,149						9,314						191,446
Other operating expense						71,351						52,453						79,429						87,919						291,152
Net direct contribution						108,551						9,781						52,067						45,204						215,603
Gain (loss) on financial instruments, net						34						17,137						—						(17,171)						—
Change in fair value of mortgage servicing rights						—						(13,041)						—						13,041						—
Gain (loss) on repossessed assets, net						3,565						—						—						(3,565)						—
Corporate expense allocations						12,512						11,599						10,343						(34,454)						—
Net income before taxes						99,638						2,278						41,724						71,963						215,603
Federal and state income taxes						27,006						580						10,663						10,247						48,496
Net income						72,632						1,698						31,061						61,716						167,107
Net income (loss) attributable to non-controlling interests						—						—						—						686						686
Net income attributable to BOK Financial Corp. shareholders						$	72,632					$	1,698					$	31,061					$	61,030					$	166,421
Average assets						$	28,160,594					$	10,087,488					$	19,201,041					$	(7,252,201)					$	50,196,922

Reportable segments reconciliation to the Consolidated Financial Statements for the six months ended June 30, 2021 is as follows (in thousands):

						Commercial						Consumer						Wealth Management						Funds Management and Other						BOK Financial Consolidated
Net interest revenue from external sources						$	307,741					$	34,238					$	101,520					$	117,230					$	560,729
Net interest revenue (expense) from internal sources						(46,835)						11,681						(873)						36,027						—
Net interest revenue						260,906						45,919						100,647						153,257						560,729
Provision for credit losses						30,253						1,561						(83)						(91,731)						(60,000)
Net interest revenue after provision for credit losses						230,653						44,358						100,730						244,988						620,729
Other operating revenue						111,848						89,996						145,272						21,384						368,500
Other operating expense						138,330						108,076						157,994						182,536						586,936
Net direct contribution						204,171						26,278						88,008						83,836						402,293
Gain (loss) on financial instruments, net						67						(12,479)						—						12,412						—
Change in fair value of mortgage servicing rights						—						20,833						—						(20,833)						—
Gain (loss) on repossessed assets, net						16,302						41						—						(16,343)						—
Corporate expense allocations						25,246						23,073						20,230						(68,549)						—
Net income before taxes						195,294						11,600						67,778						127,621						402,293
Federal and state income taxes						52,989						2,954						17,335						17,600						90,878
Net income						142,305						8,646						50,443						110,021						311,415
Net income (loss) attributable to non-controlling interests						—						—						—						(1,066)						(1,066)
Net income attributable to BOK Financial Corp. shareholders						$	142,305					$	8,646					$	50,443					$	111,087					$	312,481
Average assets						$	28,104,137					$	9,922,431					$	18,924,987					$	(6,698,092)					$	50,253,463

Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended June 30, 2020 is as follows (in thousands):

						Commercial						Consumer						Wealth Management						Funds Management and Other						BOK Financial Consolidated
Net interest revenue from external sources						$	174,314					$	18,795					$	34,359					$	50,636					$	278,104
Net interest revenue (expense) from internal sources						(29,205)						20,475						(7,479)						16,209						—
Net interest revenue						145,109						39,270						26,880						66,845						278,104
Provision for credit losses						13,762						535						(89)						121,113						135,321
Net interest revenue after provision for credit losses						131,347						38,735						26,969						(54,268)						142,783
Other operating revenue						47,898						67,192						106,674						11,508						233,272
Other operating expense						62,933						58,249						80,567						94,217						295,966
Net direct contribution						116,312						47,678						53,076						(136,977)						80,089
Gain (loss) on financial instruments, net						48						7,356						—						(7,404)						—
Change in fair value of mortgage servicing rights						—						(761)						—						761						—
Gain (loss) on repossessed assets, net						191						27						—						(218)						—
Corporate expense allocations						5,437						10,692						8,204						(24,333)						—
Net income before taxes						111,114						43,608						44,872						(119,505)						80,089
Federal and state income taxes						30,122						11,107						11,478						(36,904)						15,803
Net income						80,992						32,501						33,394						(82,601)						64,286
Net income (loss) attributable to non-controlling interests						—						—						—						(407)						(407)
Net income attributable to BOK Financial Corp. shareholders						$	80,992					$	32,501					$	33,394					$	(82,194)					$	64,693
Average assets						$	27,575,652					$	9,920,005					$	15,721,452					$	(3,460,078)					$	49,757,031

Reportable segments reconciliation to the Consolidated Financial Statements for the six months ended June 30, 2020 is as follows (in thousands):

						Commercial						Consumer						Wealth Management						Funds Management and Other1						BOK Financial Consolidated
Net interest revenue from external sources						$	376,216					$	44,671					$	48,725					$	69,852					$	539,464
Net interest revenue (expense) from internal sources						(79,700)						38,531						(2,941)						44,110						—
Net interest revenue						296,516						83,202						45,784						113,962						539,464
Provision for credit losses						30,642						1,791						(137)						196,796						229,092
Net interest revenue after provision for credit losses						265,874						81,411						45,921						(82,834)						310,372
Other operating revenue						86,118						122,254						204,555						667						413,594
Other operating expense						123,685						112,017						158,759						170,132						564,593
Net direct contribution						228,307						91,648						91,717						(252,299)						159,373
Gain (loss) on financial instruments, net						97						94,120						7						(94,224)						—
Change in fair value of mortgage servicing rights						—						(89,241)						—						89,241						—
Gain (loss) on repossessed assets, net						200						40						—						(240)						—
Corporate expense allocations						14,342						21,059						16,469						(51,870)						—
Net income before taxes						214,262						75,508						75,255						(205,652)						159,373
Federal and state income taxes						58,295						19,232						19,288						(63,712)						33,103
Net income						155,967						56,276						55,967						(141,940)						126,270
Net income (loss) attributable to non-controlling interests						—						—						—						(502)						(502)
Net income attributable to BOK Financial Corp. shareholders						$	155,967					$	56,276					$	55,967					$	(141,438)					$	126,772
Average assets						$	26,131,814					$	9,885,429					$	14,222,432					$	(2,500,850)					$	47,738,825

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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