Company: BOKF
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000875357-25-000057
Chunk: 9

Company: BOK FINANCIAL CORP
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 2
Chunk 9
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 $         110,702,612      $                                    122,673,531      110,702,612  

- 8 -

Assets under management as of September 30, 2025, consist of 42% fixed income, 36% equities, 14% cash, and 8% alternative investments.

Deposit Service Charges

Deposit service charges and fees totaled $31.9 million for the third quarter of 2025, an increase of $577 thousand over the second quarter of 2025, primarily due to a combination of growth in overdraft fees and commercial service charges.

Mortgage Banking Revenue

Mortgage banking revenue increased $771 thousand over the second quarter of 2025. Mortgage production volume increased $9.9 million to $233 million. Production revenue as a percentage of production volume, which includes unrealized gains and losses on our mortgage commitment pipeline and related hedges, was 1.02% for the third quarter of 2025, compared to 0.76% for the second quarter of 2025.

Table 5 - Mortgage Banking Revenue

(Dollars in thousands)

                                                       Three Months Ended                                                                                    
                                                       Sep. 30, 2025                        June 30, 2025                                                    
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Mortgage production revenue                          $                         2,370      $                    1,707        663        6,706        7,457  
  Mortgage loans funded for sale                       $                       229,812      $                  219,154                 608,782      603,963  
  Add: Current period end outstanding commitments                               67,842                          64,508                  67,842       70,102  
  Less: Prior period end outstanding commitments                                64,508                          60,429                  36,590       34,783  
  Total mortgage production volume                     $                       233,146      $                  223,233      9,913      640,034      639,282  

  Mortgage loan refinances to mortgage loans funded for sale        13        16      (300)      bps        14       500      bps  
  Realized margin on funded mortgage loans                        0.96      0.66         30      bps      0.84      (23)      bps  
  Production revenue as a