Reportable Segments

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Reportable Segments [Text Block]

Reportable Segments

Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended June 30, 2019 is as follows (in thousands):

	Commercial			Consumer			Wealth Management			Funds Management and Other1			BOK Financial Consolidated
Net interest revenue from external sources	$	251,080		$	24,203		$	17,224		$	(7,075	)	$	285,432
Net interest revenue (expense) from internal sources	(65,470		)	28,514			9,719			27,237			—
Net interest revenue	185,610			52,717			26,943			20,162			285,432
Provision for credit losses	6,823			1,728			(48		)	(3,503		)	5,000
Net interest revenue after provision for credit losses	178,787			50,989			26,991			23,665			280,432
Other operating revenue	41,611			48,811			86,017			(4,374		)	172,065
Other operating expense	62,947			57,694			69,452			87,044			277,137
Net direct contribution	157,451			42,106			43,556			(67,753		)	175,360
Gain (loss) on financial instruments, net	20			20,981			—			(21,001		)	—
Change in fair value of mortgage servicing rights	—			(29,555		)	—			29,555			—
Gain (loss) on repossessed assets, net	—			92			—			(92		)	—
Corporate expense allocations	11,384			11,695			9,168			(32,247		)	—
Net income before taxes	146,087			21,929			34,388			(27,044		)	175,360
Federal and state income taxes	39,155			5,585			8,843			(16,003		)	37,580
Net income	106,932			16,344			25,545			(11,041		)	137,780
Net income attributable to non-controlling interests	—			—			—			217			217
Net income attributable to BOK Financial Corp. shareholders	$	106,932		$	16,344		$	25,545		$	(11,258	)	$	137,563
Average assets	$	22,910,071		$	9,212,667		$	9,849,396		$	(1,127,357	)	$	40,844,777

¹  CoBiz operations were allocated to the respective segments in the second quarter of 2019.

Reportable segments reconciliation to the Consolidated Financial Statements for the six months ended June 30, 2019 is as follows (in thousands):

	Commercial			Consumer			Wealth Management			Funds Management and Other1			BOK Financial Consolidated
Net interest revenue from external sources	$	455,289		$	45,798		$	38,710		$	23,737		$	563,534
Net interest revenue (expense) from internal sources	(118,031		)	58,021			16,489			43,521			—
Net interest revenue	337,258			103,819			55,199			67,258			563,534
Provision for credit losses	18,069			2,813			(167		)	(7,715		)	13,000
Net interest revenue after provision for credit losses	319,189			101,006			55,366			74,973			550,534
Other operating revenue	79,223			91,559			159,431			(878		)	329,335
Other operating expense	113,124			111,515			130,959			208,696			564,294
Net direct contribution	285,288			81,050			83,838			(134,601		)	315,575
Gain on financial instruments, net	38			35,078			—			(35,116		)	—
Change in fair value of mortgage servicing rights	—			(50,221		)	—			50,221			—
Gain (loss) on repossessed assets, net	(346		)	195			—			151			—
Corporate expense allocations	21,532			23,595			17,528			(62,655		)	—
Net income before taxes	263,448			42,507			66,310			(56,690		)	315,575
Federal and state income taxes	70,373			10,826			17,046			(30,715		)	67,530
Net income	193,075			31,681			49,264			(25,975		)	248,045
Net income attributable to non-controlling interests	—			—			—			(130		)	(130		)
Net income attributable to BOK Financial Corp. shareholders	$	193,075		$	31,681		$	49,264		$	(25,845	)	$	248,175
Average assets	$	21,431,696		$	8,794,498		$	9,590,629		$	445,144		$	40,261,967

¹  CoBiz operations are included in Funds Management and Other for the first quarter of 2019 and subsequently allocated to the respective segments in the second quarter of 2019.

Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended June 30, 2018 is as follows (in thousands):

	Commercial			Consumer			Wealth Management			Funds Management and Other			BOK Financial Consolidated
Net interest revenue from external sources	$	182,127		$	21,747		$	18,754		$	15,934		$	238,562
Net interest revenue (expense) from internal sources	(37,102		)	17,548			10,232			9,322			—
Net interest revenue	145,025			39,295			28,986			25,256			238,562
Provision for credit losses	10,108			1,140			(105		)	(11,143		)	—
Net interest revenue after provision for credit losses	134,917			38,155			29,091			36,399			238,562
Other operating revenue	43,047			46,320			70,642			(3,610		)	156,399
Other operating expense	49,386			61,146			61,491			74,453			246,476
Net direct contribution	128,578			23,329			38,242			(41,664		)	148,485
Gain (loss) on financial instruments, net	9			(6,411		)	—			6,402			—
Change in fair value of mortgage servicing rights	—			1,723			—			(1,723		)	—
Gain (loss) on repossessed assets, net	(67		)	174			—			(107		)	—
Corporate expense allocations	9,366			11,042			11,142			(31,550		)	—
Net income before taxes	119,154			7,773			27,100			(5,542		)	148,485
Federal and state income taxes	31,577			1,980			6,981			(7,208		)	33,330
Net income	87,577			5,793			20,119			1,666			115,155
Net income attributable to non-controlling interests	—			—			—			783			783
Net income (loss) attributable to BOK Financial Corp. shareholders	$	87,577		$	5,793		$	20,119		$	883		$	114,372
Average assets	$	18,072,155		$	8,353,558		$	8,495,557		$	(1,015,235	)	$	33,906,035

Reportable segments reconciliation to the Consolidated Financial Statements for the six months ended June 30, 2018 is as follows (in thousands):

	Commercial			Consumer			Wealth Management			Funds Management and Other			BOK Financial Consolidated
Net interest revenue from external sources	$	342,541		$	43,500		$	34,161		$	38,096		$	458,298
Net interest revenue (expense) from internal sources	(65,445		)	32,772			20,164			12,509			—
Net interest revenue	277,096			76,272			54,325			50,605			458,298
Provision for credit losses	10,735			2,441			(153		)	(18,023		)	(5,000		)
Net interest revenue after provision for credit losses	266,361			73,831			54,478			68,628			463,298
Other operating revenue	82,722			91,267			145,409			(7,010		)	312,388
Other operating expense	97,756			116,246			124,295			152,609			490,906
Net direct contribution	251,327			48,852			75,592			(90,991		)	284,780
Gain (loss) on financial instruments, net	16			(29,672		)	—			29,656			—
Change in fair value of mortgage servicing rights	—			22,929			—			(22,929		)	—
Gain (loss) on repossessed assets, net	(4,232		)	66			—			4,166			—
Corporate expense allocations	19,969			22,246			22,097			(64,312		)	—
Net income before taxes	227,142			19,929			53,495			(15,786		)	284,780
Federal and state income taxes	60,319			5,076			13,767			(14,884		)	64,278
Net income	166,823			14,853			39,728			(902		)	220,502
Net income attributable to non-controlling interests	—			—			—			568			568
Net income attributable to BOK Financial Corp. shareholders	$	166,823		$	14,853		$	39,728		$	(1,470	)	$	219,934
Average assets	$	17,933,756		$	8,410,513		$	8,296,780		$	(825,055	)	$	33,815,994