Company: BOKF
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000875357-25-000057
Chunk: 37

Company: BOK FINANCIAL CORP
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 2
Chunk 37
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234,634  
  Other borrowings:                                                                                                          
  FHLB advances                   3,200,000      5,009,783      4.54      4,100,000      5,979,123      4.47      4,100,000  
  GNMA repurchase liability          27,829         26,571      3.88         26,718         28,564      3.93         28,641  
  Other                              11,678         11,947      5.65         13,412         12,261      8.90         13,412  
  Total other borrowings          3,239,507      5,048,301      4.54      4,140,130      6,019,948      4.49                 
  Subordinated debentures 1                                        —                        99,846      6.38         99,736  
  Total other borrowed funds      4,210,457      5,922,101      4.35      4,822,181      6,901,833      4.41                 

1 Parent Company only.

BOKF, NA also has a liability related to the repurchase of certain delinquent residential mortgage loans previously sold into GNMA mortgage pools. Interest is payable monthly at rates contractually due to investors if delinquent loans are not repurchased from the GNMA mortgage pools.

Parent Company

At September 30, 2025, cash and interest-bearing cash and cash equivalents held by the parent company totaled $243 million. The primary sources of liquidity for BOK Financial are cash on hand and dividends from BOKF, NA. Dividends from the bank are limited by various banking regulations to net profits, as defined, for the year plus retained profits for the two preceding years. Dividends are further restricted by minimum capital requirements. At September 30, 2025, based upon the most restrictive limitations as well as management's internal capital policy, BOKF, NA could declare up to $508 million of dividends. Dividend constraints may be alleviated through increases in retained earnings, capital issuances, or changes in risk weighted assets. Future losses or increases in required regulatory capital at the bank could affect its ability to pay dividends to the parent company.

Our equity capital at September 30, 2025,