Company: BOKF
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000875357-25-000013
Chunk: 225

Company: BOK FINANCIAL CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 225
---
Reconciliation of tangible common equity ratio and adjusted tangible common equity ratio:  Total shareholders' equity$5,548,353 $5,142,442 Less: Goodwill and intangible assets, net1,091,537 1,104,728 Tangible common equity4,456,816 4,037,714 Add: Unrealized loss on investment securities, net(199,519)(171,903)Add: Tax effect on unrealized loss on investment securities, net46,925 40,430 Adjusted tangible common equity$4,304,222 $3,906,241 Total assets$49,685,892 $49,824,830 Less: Goodwill and intangible assets, net1,091,537 1,104,728 Tangible assets$48,594,355 $48,720,102 Tangible common equity ratio9.17 %8.29 %Adjusted tangible common equity ratio8.86 %8.02 %Reconciliation of return on average tangible common equity:Total average shareholders' equity$5,331,345 $4,903,998 Less: Average goodwill and intangible assets, net1,098,737 1,113,701 Average tangible common equity$4,232,608 $3,790,297 Net Income$523,569 $530,746 Return on average tangible common equity12.37 %14.00 %Reconciliation of pre-provision net revenue:Net income before taxes$666,644 $683,248 Add: Provision for expected credit losses18,000 46,000 Less: Net income (loss) attributable to non-controlling interests(16)387 Pre-provision net revenue$684,660 $728,861 Calculation of efficiency ratio: Total other operating expense$1,365,755 $1,332,881 Less: Amortization of intangible assets11,612 13,882 Numerator for efficiency ratio$1,354,143 $1,318,999 Net interest and dividend income$1,210,758 $1,272,180 Add: Tax-equivalent adjustment9,147 8,811 Tax-equivalent net interest and dividend income1,219,905 1,280,991 Add: Total other operating revenue839,641 789,949 Less: