XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest revenue [Abstract]        
Loans $ 453,779 $ 425,662 $ 1,339,570 $ 1,192,714
Residential mortgage loans held for sale 1,495 1,234 3,766 3,305
Trading securities 76,419 65,221 219,457 147,051
Investment securities 7,381 8,276 22,774 25,790
Available-for-sale securities 125,490 99,124 362,806 282,449
Fair value option securities 189 552 578 7,561
Restricted equity securities 8,426 8,776 26,476 21,013
Interest-bearing cash and cash equivalents 7,131 8,199 21,912 24,257
Total interest revenue 680,310 617,044 1,997,339 1,704,140
Interest expense [Abstract]        
Deposits 271,128 184,808 768,005 416,748
Borrowed funds 98,706 129,019 324,647 305,278
Subordinated debentures 2,357 2,321 6,975 6,609
Total interest expense 372,191 316,148 1,099,627 728,635
Net interest income 308,119 300,896 897,712 975,505
Provision for credit losses 2,000 7,000 18,000 40,000
Net interest income after provision for credit losses 306,119 293,896 879,712 935,505
Total fees and commissions 202,494 197,852 603,085 584,328
Other gains, net 13,087 1,474 74,731 16,343
Gain (loss) on derivatives, net 8,991 (9,010) (733) (18,513)
Gain (loss) on fair value option securities, net 764 (203) 365 (5,323)
Change in fair value of mortgage servicing rights (16,453) 8,039 (2,023) 11,241
Loss on available-for-sale securities, net (691) 0 (45,828) (3,010)
Total other operating revenue 208,192 198,152 629,597 585,066
Noninterest Expense [Abstract]        
Personnel 206,821 190,791 600,564 563,588
Business promotion 7,681 6,958 23,909 23,167
Charitable contributions to BOKF Foundation 0 23 13,610 1,165
Professional fees and services 13,405 13,224 38,746 39,049
Net occupancy and equipment 32,077 32,583 92,615 91,147
FDIC and other insurance 8,186 7,996 24,243 22,285
FDIC special assessment (1,437) 0 6,207 0
Data processing and communications 47,554 45,672 139,249 135,781
Printing, postage, and supplies 3,594 3,760 11,380 11,381
Amortization of intangible assets 2,856 3,474 8,757 10,339
Mortgage banking costs 9,059 8,357 23,946 22,439
Other expense 11,229 11,475 34,873 28,457
Total other operating expense 341,025 324,313 1,018,099 948,798
Net income before taxes 173,286 167,735 491,210 571,773
Federal and state income taxes 33,313 33,256 103,811 123,162
Net income 139,973 134,479 387,399 448,611
Net income attributable to non-controlling interests (26) (16) (16) 440
Net income attributable to BOK Financial Corporation shareholders $ 139,999 $ 134,495 $ 387,415 $ 448,171
Earnings Per Share [Abstract]        
Basic $ 2.18 $ 2.04 $ 6.01 $ 6.74
Diluted $ 2.18 $ 2.04 $ 6.01 $ 6.74
Average shares used in computation: [Abstract]        
Basic 63,489,581 65,548,307 63,830,188 65,955,294
Diluted 63,489,581 65,548,307 63,830,188 65,955,294
Dividends declared per share $ 0.55 $ 0.54 $ 1.65 $ 1.62
Brokerage and trading revenue [Member]        
Total fees and commissions $ 50,391 $ 62,312 $ 162,587 $ 179,714
Transaction card revenue [Member]        
Total fees and commissions 28,495 26,387 81,234 78,011
Fiduciary and asset management revenue [Member]        
Total fees and commissions 57,384 52,256 170,265 155,910
Deposit service charges and fees [Member]        
Total fees and commissions 30,450 27,676 88,707 80,744
Mortgage banking revenue [Member]        
Total fees and commissions 18,372 13,356 55,967 42,864
Other revenue [Member]        
Total fees and commissions $ 17,402 $ 15,865 $ 44,325 $ 47,085