Company: BOKF
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000875357-25-000013
Chunk: 12

Company: BOK FINANCIAL CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 12
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81

Consolidated Statements of Earnings

(In thousands, except share and per share data)Year Ended December 31,Interest and dividend revenue202420232022Loans$1,760,774 $1,630,620 $976,653 Residential mortgage loans held for sale5,062 4,341 6,027 Trading securities288,182 215,994 115,048 Investment securities30,005 33,822 24,072 Available for sale securities490,543 387,891 248,323 Fair value option securities761 7,760 2,145 Restricted equity securities32,903 29,683 8,282 Interest-bearing cash and cash equivalents28,234 32,353 11,552 Total interest and dividend revenue2,636,464 2,342,464 1,392,102 Interest expense   Deposits1,025,729 626,597 121,749 Borrowed funds390,761 434,735 52,483 Subordinated debentures9,216 8,952 6,490 Total interest expense1,425,706 1,070,284 180,722 Net interest and dividend income1,210,758 1,272,180 1,211,380 Provision for credit losses18,000 46,000 30,000 Net interest and dividend income after provision for credit losses1,192,758 1,226,180 1,181,380 Other operating revenue   Brokerage and trading revenue218,092 240,610 140,978 Transaction card revenue108,865 106,858 104,266 Fiduciary and asset management revenue230,860 207,318 196,326 Deposit service charges and fees118,745 108,514 110,636 Mortgage banking revenue74,107 55,698 49,365 Other revenue59,354 62,120 55,642 Total fees and commissions810,023 781,118 657,213 Other gains, net79,726 56,795 123 Loss on derivatives, net(22,461)(9,921)(73,011)Loss on fair value option securities, net(256)(4,292)(20,358)Change in fair value of mortgage servicing rights18,