Company: BOKF
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000875357-25-000057
Chunk: 20

Company: BOK FINANCIAL CORP
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 2
Chunk 20
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 the duration of the combined residential mortgage-backed securities portfolio held in investment and AFS securities was 3.3 years as of September 30, 2025, compared to 3.5 years as of June 30, 2025. Management estimates the duration extends to 4.1 years assuming an immediate 200 basis point upward shock. The estimated duration contracts to 2.0 years assuming a 200 basis point decline in the current rate environment. The duration of the total investment portfolio is 3.0 years, extending to 3.4 years in an upward shock of 200 basis points and contracting to 2.1 years in a down 200 basis point shock scenario. Management also regularly monitors the impact of interest rate risk on the AFS securities portfolio on our tangible equity ratio under various shock scenarios.

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Loans

The aggregate loan portfolio before allowance for loan losses totaled $24.9 billion at September 30, 2025, an increase of $573 million over June 30, 2025, driven by broad-based growth across the loan portfolio.

Table 12 - Loans

(In thousands)

                                                                    Sep. 30, 2025                      June 30, 2025                                                                  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Commercial:                                                                                                                                                                         
  Healthcare                                                        $                   3,878,543      $                   3,808,936       3,789,446       3,967,533       4,149,069  
  Services                                                                              3,710,643                          3,658,807       3,704,834       3,643,203       3,573,670  
  Energy                                                                                2,681,512                          2,734,713       2,860,330       3,254,724       3,126,635  
  General business                                                                      4,242,242                          4,181,726       4,048,821       4,164,676       4,028,548  
  Total commercial                                                                     14,512,940                         14,384,182      14,403,431      15,030,136      14,877,922  
  Commercial real estate:                                                                                                                                                             
  Multifamily                                                                           2,500,323                          2,473,365       2,336,