Company: BOKF
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000875357-25-000013
Chunk: 65

Company: BOK FINANCIAL CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 65
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 of the modifications are term extensions of commercial loans and personal loans, and $8.6 million are combination modifications to residential mortgage loans guaranteed by U.S. government agencies. During the year ended December 31, 2024, $31 million of loans that were modified in the previous twelve months defaulted. Approximately $25 million of these defaults were related to term extensions of commercial loans, and $5.2 million of these defaults were related to combination modifications to residential mortgage loans guaranteed by U.S. government agencies. A payment default is defined as being 30 or more days past due after modification.For the year ended December 31, 2023, the Company had $130 million of loan modifications to borrowers experiencing financial difficulty, including $67 million of general business loans, $47 million of healthcare loans, and $13 million of residential mortgage loans guaranteed by U.S. government agencies. Approximately $93 million of the modifications are term extensions of general business, healthcare, and services loans, and $36 million are combination modifications to healthcare loans and residential mortgage loans guaranteed by U.S. government agencies. During the year ended December 31, 2023, $4.8 million of residential mortgage loans guaranteed by U.S. government agencies were modified and subsequently defaulted.Past Due LoansPast due status for all loan classes is based on the actual number of days since the last payment was due according to the contractual terms of the loans, as modified for short-term payment deferral forbearance.A summary of loans currently performing and past due as of December 31, 2024 is as follows (in thousands):  Past Due  Current30 to 59Days60 to 89Days90 Daysor MoreTotalPast Due 90 Days or More and AccruingCommercial:    Healthcare$3,932,142 $25,778 $— $9,613 $3,967,533 $— Services3,642,436 — 767 — 3,643,203 — Energy3,254,724 — — — 3,254,724 — General business4,161,510 3,067 70 29 4,164,676 — Total commercial14,990,812 28,845 837 9,642 15,030,136 — Commercial real estate5,048,667 — — 9,785 5,058,452 — Loans to