Company: BOKF
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000875357-25-000013
Chunk: 107

Company: BOK FINANCIAL CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 107
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,657 — — 5,270,657 Loans to individuals3,763,552 3,634,855 — — 3,634,855 Total loans23,904,968 23,768,385 — — 23,768,385 Allowance for loan losses(277,123)— — — — Loans, net of allowance23,627,845 23,768,385 — — 23,768,385 Mortgage servicing rights293,884 293,884 — — 293,884 Derivative instruments with positive fair value, net of cash margin410,304 410,304 — 410,304 — Deposits with no stated maturity31,007,679 31,007,679 — — 31,007,679 Time deposits3,012,022 2,993,685 — — 2,993,685 Other borrowed funds8,824,300 8,824,299 — — 8,824,299 Subordinated debentures131,150 115,798 — 115,798 — Derivative instruments with negative fair value, net of cash margin587,473 587,473 2,607 584,866 — Because no market exists for certain of these financial instruments and management does not intend to sell these financial instruments, the fair values shown in the tables above may not represent values at which the respective financial instruments could be sold individually or in the aggregate at the given reporting date.

147

Fair Value ElectionAs more fully disclosed in Note 2 and Note 7 to the Consolidated Financial Statements, the Company has elected to carry all securities held as economic hedges against changes in the fair value of mortgage servicing rights and all residential mortgage loans originated for sale at fair value. Changes in the fair value of these financial instruments are recognized in earnings.

(20) Parent Company Only Financial Statements 

Summarized financial information for BOK Financial – Parent Company Only follows:Balance Sheets(In thousands)December 31, 20242023Assets  Cash and cash equivalents$276,046 $203,808 Loan to bank subsidiary65,131 65,151 Investment in bank subsidiary5,130,141 4,785,453 Investment in non-bank subsidiaries196,199 216,200 Other