Company: BOKF
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000875357-25-000013
Chunk: 221

Company: BOK FINANCIAL CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 221
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 41,884 Total interest-bearing1,360,220 1,228,235 Total Arizona1,778,807 1,752,402 Kansas/Missouri:Demand277,440 326,496 Interest-bearing:Transaction1,169,541 966,166 Savings12,158 13,821 Time37,210 23,955 Total interest-bearing1,218,909 1,003,942 Total Kansas/Missouri1,496,349 1,330,438 Arkansas:Demand22,396 25,266 Interest-bearing:Transaction55,215 49,966 Savings2,944 2,564 Time15,176 9,506 Total interest-bearing73,335 62,036 Total Arkansas95,731 87,302 Total BOK Financial deposits$38,191,230 $34,019,701 

Estimated uninsured deposits totaled $20.4 billion, or 53% of total deposits, at December 31, 2024, and $18.7 billion, or 55% of total deposits, at December 31, 2023. In addition to insured deposits, we also hold $3.7 billion of collateralized deposits. Municipalities, Native American tribal governments, and certain trust-related deposits are all required to be collateralized. Excluding the impact of collateralized deposits and deposits related to consolidated subsidiaries, our uninsured and uncollateralized deposit level is $15.7 billion, or 41% of total deposits, at December 31, 2024. The portion of time deposits in excess of the FDIC limit, as applied without regard to other deposit balances held by the depositor, were $750 million at December 31, 2024, and $465 million at December 31, 2023.

In addition to deposits, liquidity for the subsidiary bank is provided primarily by federal funds purchased, securities repurchase agreements, and Federal Home Loan Bank borrowings. Federal funds purchased consist primarily of unsecured, overnight funds acquired from other financial institutions. Funds are primarily purchased from bankers’ banks and Federal Home Loan Banks from across the country. The largest source of wholesale federal funds purchased totaled $250 million at December 31, 2024, and December 31, 2023. Securities repurchase agreements generally mature within 90 days and are secured by certain trading or available