Reportable Segments (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Reportable Segments [Table Text Block]

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

	Commercial			Consumer			Wealth Management			Funds Management and Other			BOK Financial Consolidated
Net interest revenue from external sources	$	243,944		$	27,580		$	12,343		$	(4,771	)	$	279,096
Net interest revenue (expense) from internal sources	(63,797		)	20,882			10,723			32,192			—
Net interest revenue	180,147			48,462			23,066			27,421			279,096
Provision for credit losses	9,505			1,841			(42		)	696			12,000
Net interest revenue after provision for credit losses	170,642			46,621			23,108			26,725			267,096
Other operating revenue	48,832			51,221			89,160			(2,763		)	186,450
Other operating expense	68,685			59,699			71,619			79,289			279,292
Net direct contribution	150,789			38,143			40,649			(55,327		)	174,254
Gain on financial instruments, net	28			8,339			—			(8,367		)	—
Change in fair value of mortgage servicing rights	—			(12,593		)	—			12,593			—
Gain on repossessed assets, net	802			214			—			(1,016		)	—
Corporate expense allocations	12,613			11,776			9,416			(33,805		)	—
Net income before taxes	139,006			22,327			31,233			(18,312		)	174,254
Federal and state income taxes	37,433			5,687			8,027			(18,751		)	32,396
Net income	101,573			16,640			23,206			439			141,858
Net income (loss) attributable to non-controlling interests	—			—			—			(373		)	(373		)
Net income attributable to BOK Financial Corp. shareholders	$	101,573		$	16,640		$	23,206		$	812		$	142,231
Average assets	$	23,973,067		$	9,827,130		$	10,392,988		$	(611,075	)	$	43,582,110

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

	Commercial			Consumer			Wealth Management			Funds Management and Other1			BOK Financial Consolidated
Net interest revenue from external sources	$	699,239		$	75,353		$	51,054		$	16,984		$	842,630
Net interest revenue (expense) from internal sources	(181,829		)	76,925			27,213			77,691			—
Net interest revenue	517,410			152,278			78,267			94,675			842,630
Provision for credit losses	27,574			4,654			(209		)	(7,019		)	25,000
Net interest revenue after provision for credit losses	489,836			147,624			78,476			101,694			817,630
Other operating revenue	128,055			142,780			248,591			(3,641		)	515,785
Other operating expense	181,809			171,214			202,579			287,984			843,586
Net direct contribution	436,082			119,190			124,488			(189,931		)	489,829
Gain on financial instruments, net	67			43,416			—			(43,483		)	—
Change in fair value of mortgage servicing rights	—			(62,814		)	—			62,814			—
Gain on repossessed assets, net	455			409			—			(864		)	—
Corporate expense allocations	34,146			35,369			26,943			(96,458		)	—
Net income before taxes	402,458			64,832			97,545			(75,006		)	489,829
Federal and state income taxes	107,807			16,513			25,076			(49,470		)	99,926
Net income	294,651			48,319			72,469			(25,536		)	389,903
Net income (loss) attributable to non-controlling interests	—			—			—			(503		)	(503		)
Net income attributable to BOK Financial Corp. shareholders	$	294,651		$	48,319		$	72,469		$	(25,033	)	$	390,406
Average assets	$	22,288,129		$	9,142,491		$	9,861,021		$	89,202		$	41,380,843

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 September 30, 2018 is as follows (in thousands):

	Commercial			Consumer			Wealth Management			Funds Management and Other			BOK Financial Consolidated
Net interest revenue from external sources	$	187,417		$	20,005		$	22,509		$	10,952		$	240,883
Net interest revenue (expense) from internal sources	(42,270		)	19,039			6,267			16,964			—
Net interest revenue	145,147			39,044			28,776			27,916			240,883
Provision for credit losses	8,047			1,451			(84		)	(5,414		)	4,000
Net interest revenue after provision for credit losses	137,100			37,593			28,860			33,330			236,883
Other operating revenue	40,522			44,024			83,357			38			167,941
Other operating expense	51,039			58,482			62,256			80,840			252,617
Net direct contribution	126,583			23,135			49,961			(47,472		)	152,207
Gain (loss) on financial instruments, net	(3		)	(7,229		)	7			7,225			—
Change in fair value of mortgage servicing rights	—			5,972			—			(5,972		)	—
Gain (loss) on repossessed assets, net	(1,869		)	(87		)	—			1,956			—
Corporate expense allocations	9,124			11,037			11,127			(31,288		)	—
Net income before taxes	115,587			10,754			38,841			(12,975		)	152,207
Federal and state income taxes	30,623			2,739			9,975			(8,675		)	34,662
Net income	84,964			8,015			28,866			(4,300		)	117,545
Net income attributable to non-controlling interests	—			—			—			289			289
Net income (loss) attributable to BOK Financial Corp. shareholders	$	84,964		$	8,015		$	28,866		$	(4,589	)	$	117,256
Average assets	$	18,499,979		$	8,323,543		$	8,498,363		$	(1,626,068	)	$	33,695,817

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

	Commercial			Consumer			Wealth Management			Funds Management and Other			BOK Financial Consolidated
Net interest revenue from external sources	$	529,958		$	63,504		$	56,990		$	48,729		$	699,181
Net interest revenue (expense) from internal sources	(107,715		)	51,811			26,431			29,473			—
Net interest revenue	422,243			115,315			83,421			78,202			699,181
Provision for credit losses	18,781			3,890			(238		)	(23,433		)	(1,000		)
Net interest revenue after provision for credit losses	403,462			111,425			83,659			101,635			700,181
Other operating revenue	123,245			135,291			228,766			(6,973		)	480,329
Other operating expense	148,796			174,728			188,691			231,308			743,523
Net direct contribution	377,911			71,988			123,734			(136,646		)	436,987
Gain (loss) on financial instruments, net	13			(36,901		)	7			36,881			—
Change in fair value of mortgage servicing rights	—			28,901			—			(28,901		)	—
Gain (loss) on repossessed assets, net	(6,102		)	(21		)	—			6,123			—
Corporate expense allocations	29,092			33,283			31,084			(93,459		)	—
Net income before taxes	342,730			30,684			92,657			(29,084		)	436,987
Federal and state income taxes	90,943			7,816			23,824			(23,643		)	98,940
Net income	251,787			22,868			68,833			(5,441		)	338,047
Net income attributable to non-controlling interests	—			—			—			857			857
Net income attributable to BOK Financial Corp. shareholders	$	251,787		$	22,868		$	68,833		$	(6,298	)	$	337,190
Average assets	$	18,124,571		$	8,381,205		$	8,364,712		$	(1,094,993	)	$	33,775,495