Company: BOKF
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000875357-25-000013
Chunk: 40

Company: BOK FINANCIAL CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 40
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Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar AwardsThe FASB issued ASU 2024-01 on March 21, 2024, which provides illustrative guidance to help entities determine whether profits interest and similar awards should be accounted for as share-based payment arrangements within the scope of Topic 718, Compensation—Stock Compensation. The ASU is effective for annual periods beginning after December 15, 2024, including interim periods within those periods. The Company is evaluating the requirements of ASU 2024-01 and does not expect adoption to have a material impact on the Company's financial statements.FASB ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement ExpensesThe FASB issued ASU 2024-03 on November 4, 2024, which amends the disclosure of certain costs and expenses. The amendments intend to bring improvement by requiring further disaggregation of expenses that are not already required to be disclosed in the notes to the financial statements at interim and annual reporting periods. ASU 2024-03 is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. The Company is currently assessing the impact ASU 2024-03 will have on its expense disclosures.

99

(2) Securities 

Trading Securities The fair value and net unrealized gain (loss) included in trading securities is as follows (in thousands):  December 31, 2024December 31, 2023 Fair ValueNet Unrealized Gain (Loss)Fair ValueNet Unrealized Gain (Loss)U.S. government securities$21,275 $(60)$10,959 $28 Residential agency mortgage-backed securities4,792,695 (37,439)5,105,137 98,124 Municipal securities62,230 (566)37,413 323 Other trading securities22,890 33 39,996 160 Total trading securities$4,899,090 $(38,032)$5,193,505 $98,635 Investment Securities The amortized cost and fair values of investment securities are as follows (in thousands): December 31, 2024 AmortizedCarryingFairGross Unrealized CostValue1ValueGainLoss