Company: BOKF
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000875357-25-000013
Chunk: 64

Company: BOK FINANCIAL CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 64
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General business114 114 — — Total commercial14,647 14,371 276 276 Commercial real estate9,905 9,905 — — Loans to individuals:    Residential mortgage15,261 15,261 — — Residential mortgage guaranteed by U.S. government agencies6,803 6,803 — — Personal109 109 — — Total loans to individuals22,173 22,173 — — Total$46,725 $46,449 $276 $276 The majority of our nonaccruing loans are considered collateral dependent where repayment is expected to be provided through operation or sale of the collateral. Nonaccruing commercial and commercial real estate loans are primarily secured by commercial real estate and nonaccruing residential mortgage loans are secured by residential real estate.A summary of nonaccruing loans as of December 31, 2023 follows (in thousands): TotalWith NoAllowanceWith AllowanceRelated AllowanceCommercial:    Healthcare$81,529 $40,372 $41,157 $1,478 Energy17,843 17,843 — — Services3,616 1,684 1,932 1,214 General business7,143 7,143 — — Total commercial110,131 67,042 43,089 2,692 Commercial real estate7,320 7,320 — — Loans to individuals:    Residential mortgage18,056 18,056 — — Residential mortgage guaranteed by U.S. government agencies9,709 9,709 — — Personal253 253 — — Total loans to individuals28,018 28,018 — — Total$145,469 $102,380 $43,089 $2,692 

116

Loan Modifications to Borrowers Experiencing Financial DifficultyFor the year ended December 31, 2024, the Company had $100 million of loan modifications to borrowers experiencing financial difficulty, including $72 million of healthcare loans, $9.3 million of energy loans, and $8.6 million of residential mortgage loans guaranteed by U.S. government agencies. Modifications generally consist of interest rate reductions, an other than insignificant payment delay, term extension, or a combination. Approximately $91 million