Company: BOKF
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000875357-25-000013
Chunk: 72

Company: BOK FINANCIAL CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 72
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 Deposits 

 Interest expense on deposits is summarized as follows (in thousands): Year Ended December 31, 202420232022Transaction deposits$861,538 $540,068 $108,956 Savings4,845 2,913 489 Total time159,346 83,616 12,304 Total$1,025,729 $626,597 $121,749  The aggregate amounts of time deposits in denominations of $250,000 or more at December 31, 2024 and 2023 were $956 million and $1.1 billion, respectively.Time deposit maturities are as follows: 2025 – $2.4 billion, 2026 – $1.1 billion, 2027 – $67 million, 2028 – $13 million, 2029 – $7.7 million and $6.6 million thereafter. The aggregate amount of overdrawn customer transaction deposits that have been reclassified as loan balances was $5.2 million at December 31, 2024 and $5.7 million at December 31, 2023.

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(9) Other Borrowed Funds 

 Information relating to other borrowings is summarized as follows (dollars in thousands): As ofYear EndedDecember 31, 2024December 31, 2024BalanceRateAverage BalanceRateMaximumOutstandingAt AnyMonth EndFunds purchased$615,809 4.21 %$613,294 4.66 %$899,447 Repurchase agreements677,047 1.45 %682,699 3.49 %1,627,169 Other borrowings:Federal Home Loan Bank advances3,000,000 4.58 %6,181,011 5.45 %6,700,000 GNMA repurchase liability17,628 3.83 %13,914 4.17 %17,628 Other12,495 4.78 %13,729 6.04 %14,800 Total other borrowings3,030,123 6,208,654 5.45 %Subordinated debentures1131,200 6.43 %131,163 7.03 %131,200 Total other borrowed funds$4,454,179 $7,635,810 5.24 %