Company: BOKF
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000875357-25-000045
Chunk: 31

Company: BOK FINANCIAL CORP
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 2
Chunk 31
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 (2,125)                 (12,495)                                      (12,495)  
  Charge-offs                                                                                                        (2,358)                  (3,604)                                       (3,604)  
  Net gains (losses) and write-downs                                —                       —                                     —                        787                                       
  Foreclosure of nonperforming loans                                —                       (28)                                  (28)                     —                                         
  Foreclosure of loans guaranteed by U. S. government agencies      —                       (439)                                 (439)                    (439)                                     
  Proceeds from sales                                               —                       —                                     —                                                         (1,340)  
  Net transfers to nonaccruing loans                                —                                                  2,446                    2,446                                         2,446  
  Return to accrual status                                          —                       (259)                                 (259)                    (259)                                     
  Balance, June 30, 2025                                            $                       $                         32,245      $            79,327      $                                 81,056  

We foreclose on loans guaranteed by U. S. government agencies in accordance with agency guidelines. Generally, these loans are not eligible for modification programs or have failed to comply with modified loan terms. Principal is guaranteed by agencies of the U. S. government, subject to limitations, and credit risk is limited. At foreclosure, these amounts are transferred to claims receivable accounts. These properties will be conveyed to the agencies once applicable criteria have been met.

Real Estate and Other Repossessed Assets

Real estate and other repossessed assets totaled $1.7 million at June 30, 2025, largely unchanged compared to March 31, 2025. Real estate and other repossessed assets were composed primarily of $1.6 million of developed commercial real estate.

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Liquidity and Capital

Our funding sources, which primarily include deposits and borrowings from the Federal Home Loan Banks and other banks, provide adequate liquidity to meet our operating needs. Based on the average balances for the second quarter of 2025, approximately 73% of our funding was provided by deposit accounts, 13% from borrowed funds, 11% from equity, and less than 1% from long-term subordinated debt. The loan to deposit ratio was 64% at June 30, 2025, compared to 62% at March 31, 2025, providing significant on-balance sheet liquidity to meet future loan demand and contractual obligations