Company: BOKF
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000875357-25-000057
Chunk: 32

Company: BOK FINANCIAL CORP
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 2
Chunk 32
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 all financial assets measured at cost, including our investment (held-to-maturity) debt securities portfolio. Our investment portfolio includes municipal and other tax-exempt securities and other debt securities. Expected credit losses for these assets are based on the probability of default and loss given default assumptions that align with similarly graded loans. Qualitative adjustments may be used, if necessary.

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Nonperforming Assets

As more fully described in Note 4 to the Consolidated Financial Statements, loans are generally classified as nonaccruing when it becomes probable that we will not collect the full contractual principal and interest. Real estate and other repossessed assets are assets acquired in partial or total forgiveness of loans. The assets are carried at the lower of cost as determined by fair value at the date of foreclosure or current fair value, less estimated selling costs. A summary of nonperforming assets follows in Table 17.

Table 17 - Nonperforming Assets

(Dollars in thousands)

                                                                                                                                              Sep. 30, 2025                  June 30, 2025                  Mar. 31, 2025      Dec. 31, 2024              
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Nonaccruing loans:                                                                                                                                                                                                                                      
  Commercial:                                                                                                                                                                                                                                             
  Healthcare                                                                                                                                              $      24,507                  $      28,743                  $                  $      15,927  
  Services                                                                                                                                                        7,647                         11,329                                   767       1,425  
  Energy                                                                                                                                                 31                             40                             49                 49      28,986  
  General business                                                                                                                                       85                             45                            103                114       5,334  
  Total commercial                                                                                                                                               32,270                         40,157                                            51,672  
  Commercial real estate                                                                                                                                          6,809                          6,925                                            12,364  
  Loans to individuals:                                                                                                                                                                                                                                   
  Residential mortgage                                                                                                                                           21,255                         20,654                                            13,688  
  Residential mortgage guaranteed by U. S. government agencies                                                                                                    7,348                          6,978                                             6,520  
  Personal                                                                                                                                                        4,712                          4,613                 40                109              
  Total loans to individuals                                                                                                                                     33,315                         32,245