Company: BOKF
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000875357-25-000057
Chunk: 35

Company: BOK FINANCIAL CORP
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 2
Chunk 35
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 of 2025. Interest-bearing transaction accounts grew $217 million and time deposit balances increased $176 million, while demand deposit balances decreased $64 million compared to the prior quarter.

Average Commercial Banking deposits increased $737 million compared to the second quarter of 2025, attributable to a $644 million increase in interest-bearing transaction balances and a $140 million increase in demand deposit balances. These increases were partially offset by a $57 million decrease in certificate of deposit balances. Our Commercial deposit portfolio is highly diversified across industries and customers. The highest concentration by industry within our Commercial deposit portfolio is our energy customers representing 9% of our total deposits.

Average Consumer Banking deposit balances increased $64 million over the prior quarter. Demand deposit balances increased $45 million and time deposit balances grew $17 million. Interest-bearing transaction accounts and interest-bearing savings accounts were consistent with the prior quarter.

Average Wealth Management deposits decreased $52 million compared to the second quarter of 2025. Interest-bearing transaction account balances decreased $302 million, partially offset by $221 million of growth in interest-bearing time deposits and a $23 million increase in demand deposit balances.

Average brokered deposits were 5% of total average deposits during the third quarter of 2025. Excluding the reciprocal component, brokered deposits represented 0.3% of total deposits. Reciprocal deposit balances in excess of the $5 billion general threshold defined by the FDIC are included as brokered deposits. Average interest-bearing transaction accounts for the third quarter included $1.8 billion of brokered deposits, a $98 million increase over the second quarter of 2025. Average time deposits for the third quarter of 2025 included $36 million of brokered deposits, a $4.8 million decrease compared to the second quarter of 2025. Period end brokered time deposits decreased $10 million to $34 million and brokered interest-bearing transaction accounts increased $52 million to $1.6 billion at September 30, 2025.

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The distribution of our period end deposit account balances among principal markets follows in Table 20.

Table 20 - Period End Deposits by Principal Market Area

(In thousands)

 ──────────────────────────────────────────────────────────────────────────────────────────────────────────
  Oklahoma:                                                                                               
  Demand                       3,520,203       3,589,146       3,629,708       3,618,771       3,491,996  
  Interest-bearing:                                                                                       
  Transaction