XML 26 R16.htm IDEA: XBRL DOCUMENT
v3.21.2

Reportable Segments | 9 Months Ended
--- | ---
Sep. 30, 2021
Segment Reporting [Abstract] |
Reportable Segments [Text Block] | Reportable Segments Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended September 30, 2021 is as follows (in thousands):
|  | Commercial |  | Consumer |  | Wealth Management |  | Funds Management and Other |  | BOK Financial Consolidated
Net interest revenue from external sources |  | $ | 150,211 |  |  | $ | 16,967 |  |  | $ | 55,697 |  |  | $ | 57,352 |  |  | $ | 280,227 |
Net interest revenue (expense) from internal sources |  | (16,107) |  |  | 10,255 |  |  | (501) |  |  | 6,353 |  |  | — |
Net interest revenue |  | 134,104 |  |  | 27,222 |  |  | 55,196 |  |  | 63,705 |  |  | 280,227 |
Provision for credit losses |  | 2,807 |  |  | 928 |  |  | (70) |  |  | (26,665) |  |  | (23,000) |
Net interest revenue after provision for credit losses |  | 131,297 |  |  | 26,294 |  |  | 55,266 |  |  | 90,370 |  |  | 303,227 |
Other operating revenue |  | 92,511 |  |  | 44,401 |  |  | 97,888 |  |  | (4,968) |  |  | 229,832 |
Other operating expense |  | 68,301 |  |  | 49,483 |  |  | 87,417 |  |  | 86,076 |  |  | 291,277 |
Net direct contribution |  | 155,507 |  |  | 21,212 |  |  | 65,737 |  |  | (674) |  |  | 241,782 |
Gain (loss) on financial instruments, net |  | 44 |  |  | (5,949) |  |  | — |  |  | 5,905 |  |  | — |
Change in fair value of mortgage servicing rights |  | — |  |  | 12,945 |  |  | — |  |  | (12,945) |  |  | — |
Gain (loss) on repossessed assets, net |  | (3,945) |  |  | — |  |  | — |  |  | 3,945 |  |  | — |
Corporate expense allocations |  | 11,769 |  |  | 11,516 |  |  | 10,101 |  |  | (33,386) |  |  | — |
Net income before taxes |  | 139,837 |  |  | 16,692 |  |  | 55,636 |  |  | 29,617 |  |  | 241,782 |
Federal and state income taxes |  | 37,143 |  |  | 4,260 |  |  | 14,230 |  |  | (1,572) |  |  | 54,061 |
Net income |  | 102,694 |  |  | 12,432 |  |  | 41,406 |  |  | 31,189 |  |  | 187,721 |
Net income (loss) attributable to non-controlling interests |  | — |  |  | — |  |  | — |  |  | (601) |  |  | (601) |
Net income attributable to BOK Financial Corp. shareholders |  | $ | 102,694 |  |  | $ | 12,432 |  |  | $ | 41,406 |  |  | $ | 31,790 |  |  | $ | 188,322 |
Average assets |  | $ | 28,474,182 |  |  | $ | 10,083,593 |  |  | $ | 19,109,700 |  |  | $ | (8,168,326) |  |  | $ | 49,499,149 |
Reportable segments reconciliation to the Consolidated Financial Statements for the nine months ended September 30, 2021 is as follows (in thousands):
|  | Commercial |  | Consumer |  | Wealth Management |  | Funds Management and Other |  | BOK Financial Consolidated
Net interest revenue from external sources |  | $ | 457,953 |  |  | $ | 51,205 |  |  | $ | 157,217 |  |  | $ | 174,581 |  |  | $ | 840,956 |
Net interest revenue (expense) from internal sources |  | (62,941) |  |  | 21,936 |  |  | (1,375) |  |  | 42,380 |  |  | — |
Net interest revenue |  | 395,012 |  |  | 73,141 |  |  | 155,842 |  |  | 216,961 |  |  | 840,956 |
Provision for credit losses |  | 33,061 |  |  | 2,489 |  |  | (153) |  |  | (118,397) |  |  | (83,000) |
Net interest revenue after provision for credit losses |  | 361,951 |  |  | 70,652 |  |  | 155,995 |  |  | 335,358 |  |  | 923,956 |
Other operating revenue |  | 204,358 |  |  | 134,396 |  |  | 243,160 |  |  | 16,418 |  |  | 598,332 |
Other operating expense |  | 206,630 |  |  | 157,558 |  |  | 245,411 |  |  | 268,614 |  |  | 878,213 |
Net direct contribution |  | 359,679 |  |  | 47,490 |  |  | 153,744 |  |  | 83,162 |  |  | 644,075 |
Gain (loss) on financial instruments, net |  | 111 |  |  | (18,427) |  |  | — |  |  | 18,316 |  |  | — |
Change in fair value of mortgage servicing rights |  | — |  |  | 33,778 |  |  | — |  |  | (33,778) |  |  | — |
Gain (loss) on repossessed assets, net |  | 12,355 |  |  | 41 |  |  | — |  |  | (12,396) |  |  | — |
Corporate expense allocations |  | 37,015 |  |  | 34,590 |  |  | 30,330 |  |  | (101,935) |  |  | — |
Net income before taxes |  | 335,130 |  |  | 28,292 |  |  | 123,414 |  |  | 157,239 |  |  | 644,075 |
Federal and state income taxes |  | 90,130 |  |  | 7,214 |  |  | 31,565 |  |  | 16,030 |  |  | 144,939 |
Net income |  | 245,000 |  |  | 21,078 |  |  | 91,849 |  |  | 141,209 |  |  | 499,136 |
Net income (loss) attributable to non-controlling interests |  | — |  |  | — |  |  | — |  |  | (1,667) |  |  | (1,667) |
Net income attributable to BOK Financial Corp. shareholders |  | $ | 245,000 |  |  | $ | 21,078 |  |  | $ | 91,849 |  |  | $ | 142,876 |  |  | $ | 500,803 |
Average assets |  | $ | 28,228,840 |  |  | $ | 9,976,742 |  |  | $ | 18,987,234 |  |  | $ | (7,193,554) |  |  | $ | 49,999,262 |
Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended September 30, 2020 is as follows (in thousands):
|  | Commercial |  | Consumer |  | Wealth Management |  | Funds Management and Other |  | BOK Financial Consolidated
Net interest revenue from external sources |  | $ | 173,248 |  |  | $ | 15,821 |  |  | $ | 34,098 |  |  | $ | 48,583 |  |  | $ | 271,750 |
Net interest revenue (expense) from internal sources |  | (23,302) |  |  | 17,309 |  |  | (11,113) |  |  | 17,106 |  |  | — |
Net interest revenue |  | 149,946 |  |  | 33,130 |  |  | 22,985 |  |  | 65,689 |  |  | 271,750 |
Provision for credit losses |  | 22,599 |  |  | 79 |  |  | (51) |  |  | (22,627) |  |  | — |
Net interest revenue after provision for credit losses |  | 127,347 |  |  | 33,051 |  |  | 23,036 |  |  | 88,316 |  |  | 271,750 |
Other operating revenue |  | 52,021 |  |  | 67,808 |  |  | 111,152 |  |  | (1,043) |  |  | 229,938 |
Other operating expense |  | 66,846 |  |  | 59,155 |  |  | 82,868 |  |  | 88,175 |  |  | 297,044 |
Net direct contribution |  | 112,522 |  |  | 41,704 |  |  | 51,320 |  |  | (902) |  |  | 204,644 |
Gain (loss) on financial instruments, net |  | 38 |  |  | 1,540 |  |  | — |  |  | (1,578) |  |  | — |
Change in fair value of mortgage servicing rights |  | — |  |  | 3,441 |  |  | — |  |  | (3,441) |  |  | — |
Gain (loss) on repossessed assets, net |  | (4,332) |  |  | 41 |  |  | — |  |  | 4,291 |  |  | — |
Corporate expense allocations |  | 5,172 |  |  | 10,691 |  |  | 9,397 |  |  | (25,260) |  |  | — |
Net income before taxes |  | 103,056 |  |  | 36,035 |  |  | 41,923 |  |  | 23,630 |  |  | 204,644 |
Federal and state income taxes |  | 27,959 |  |  | 9,180 |  |  | 10,711 |  |  | 2,702 |  |  | 50,552 |
Net income |  | 75,097 |  |  | 26,855 |  |  | 31,212 |  |  | 20,928 |  |  | 154,092 |
Net income (loss) attributable to non-controlling interests |  | — |  |  | — |  |  | — |  |  | 58 |  |  | 58 |
Net income attributable to BOK Financial Corp. shareholders |  | $ | 75,097 |  |  | $ | 26,855 |  |  | $ | 31,212 |  |  | $ | 20,870 |  |  | $ | 154,034 |
Average assets |  | $ | 28,000,183 |  |  | $ | 9,898,112 |  |  | $ | 16,204,510 |  |  | $ | (5,171,050) |  |  | $ | 48,931,755 |
Reportable segments reconciliation to the Consolidated Financial Statements for the nine months ended September 30, 2020 is as follows (in thousands):
|  | Commercial |  | Consumer |  | Wealth Management |  | Funds Management and Other 1 |  | BOK Financial Consolidated
Net interest revenue from external sources |  | $ | 549,464 |  |  | $ | 60,492 |  |  | $ | 82,823 |  |  | $ | 118,435 |  |  | $ | 811,214 |
Net interest revenue (expense) from internal sources |  | (103,002) |  |  | 55,840 |  |  | (14,054) |  |  | 61,216 |  |  | — |
Net interest revenue |  | 446,462 |  |  | 116,332 |  |  | 68,769 |  |  | 179,651 |  |  | 811,214 |
Provision for credit losses |  | 53,241 |  |  | 1,870 |  |  | (188) |  |  | 174,169 |  |  | 229,092 |
Net interest revenue after provision for credit losses |  | 393,221 |  |  | 114,462 |  |  | 68,957 |  |  | 5,482 |  |  | 582,122 |
Other operating revenue |  | 138,139 |  |  | 190,062 |  |  | 315,707 |  |  | (376) |  |  | 643,532 |
Other operating expense |  | 190,531 |  |  | 171,172 |  |  | 241,627 |  |  | 258,307 |  |  | 861,637 |
Net direct contribution |  | 340,829 |  |  | 133,352 |  |  | 143,037 |  |  | (253,201) |  |  | 364,017 |
Gain (loss) on financial instruments, net |  | 135 |  |  | 95,660 |  |  | 7 |  |  | (95,802) |  |  | — |
Change in fair value of mortgage servicing rights |  | — |  |  | (85,800) |  |  | — |  |  | 85,800 |  |  | — |
Gain (loss) on repossessed assets, net |  | (4,132) |  |  | 81 |  |  | — |  |  | 4,051 |  |  | — |
Corporate expense allocations |  | 19,514 |  |  | 31,749 |  |  | 25,866 |  |  | (77,129) |  |  | — |
Net income before taxes |  | 317,318 |  |  | 111,544 |  |  | 117,178 |  |  | (182,023) |  |  | 364,017 |
Federal and state income taxes |  | 86,254 |  |  | 28,411 |  |  | 29,999 |  |  | (61,009) |  |  | 83,655 |
Net income |  | 231,064 |  |  | 83,133 |  |  | 87,179 |  |  | (121,014) |  |  | 280,362 |
Net income (loss) attributable to non-controlling interests |  | — |  |  | — |  |  | — |  |  | (444) |  |  | (444) |
Net income attributable to BOK Financial Corp. shareholders |  | $ | 231,064 |  |  | $ | 83,133 |  |  | $ | 87,179 |  |  | $ | (120,570) |  |  | $ | 280,806 |
Average assets |  | $ | 26,759,150 |  |  | $ | 9,889,687 |  |  | $ | 14,887,947 |  |  | $ | (3,397,414) |  |  | $ | 48,139,370 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration