Reportable Segments (Tables)

12 Months Ended

Dec. 31, 2020

Reportable segments reconciliation to the Consolidated Financial Statements for the year ended December 31, 2020 is as follows (in thousands):


	Commercial		Consumer		Wealth Management		Funds Management and Other		BOK Financial Consolidated
Net interest and dividend revenue from external sources	$	714,932	$	78,004	$	130,818	$	184,690	$	1,108,444
Net interest revenue (expense) from internal sources	(126,444)		69,000		(13,528)		70,972		—
Net interest and dividend revenue	588,488		147,004		117,290		255,662		1,108,444
Provision for credit losses	69,475		2,805		(209)		150,521		222,592
Net interest and dividend revenue after provision for credit losses	519,013		144,199		117,499		105,141		885,852
Other operating revenue	187,361		243,719		398,834		14,035		843,949
Other operating expense	258,903		233,425		325,608		348,001		1,165,937
Net direct contribution	447,471		154,493		190,725		(228,825)		563,864
Gain (loss) on financial instruments, net	193		95,344		4		(95,541)		—
Change in fair value of mortgage servicing rights	—		(79,524)		—		79,524		—
Gain (loss) on repossessed assets, net	(2,677)		276		—		2,401		—
Corporate expense allocations	24,862		42,638		35,331		(102,831)		—
Net income before taxes	420,125		127,951		155,398		(139,610)		563,864
Federal and state income taxes	114,120		32,591		39,770		(57,688)		128,793
Net income	306,005		95,360		115,628		(81,922)		435,071
Net income attributable to non-controlling interests	—		—		—		41		41
Net income attributable to BOK Financial Corp. shareholders	$	306,005	$	95,360	$	115,628	$	(81,963)	$	435,030

Average assets	$	26,994,075	$	9,842,125	$	15,695,646	$	(3,827,456)	$	48,704,390

Reportable segments reconciliation to the Consolidated Financial Statements for the year ended December 31, 2019 is as follows (in thousands):


	Commercial		Consumer		Wealth Management		Funds Management and Other		BOK Financial Consolidated
Net interest and dividend revenue from external sources	$	919,148	$	99,679	$	61,277	$	32,775	$	1,112,879
Net interest revenue (expense) from internal sources	(242,907)		95,775		38,815		108,317		—
Net interest and dividend revenue	676,241		195,454		100,092		141,092		1,112,879
Provision for credit losses	39,011		6,271		(308)		(974)		44,000
Net interest and dividend revenue after provision for credit losses	637,230		189,183		100,400		142,066		1,068,879
Other operating revenue	170,412		187,500		341,389		(4,931)		694,370
Other operating expense	252,459		230,916		277,267		371,739		1,132,381
Net direct contribution	555,183		145,767		164,522		(234,604)		630,868
Gain (loss) on financial instruments, net	106		30,375		2		(30,483)		—
Change in fair value of mortgage servicing rights	—		(53,517)		—		53,517		—
Gain (loss) on repossessed assets, net	331		496		—		(827)		—
Corporate expense allocations	43,055		47,169		36,239		(126,463)		—
Net income before taxes	512,565		75,952		128,285		(85,934)		630,868
Federal and state income taxes	137,759		19,346		32,954		(59,876)		130,183
Net income	374,806		56,606		95,331		(26,058)		500,685
Net loss attributable to non-controlling interests	—		—		—		(73)		(73)
Net income attributable to BOK Financial Corp. shareholders	$	374,806	$	56,606	$	95,331	$	(25,985)	$	500,758

Average assets	$	22,807,589	$	9,301,341	$	10,204,426	$	(219,009)	$	42,094,347

Reportable segments reconciliation to the Consolidated Financial Statements for the year ended December 31, 2018 is as follows (in thousands):


	Commercial		Consumer		Wealth Management		Funds Management and Other		BOK Financial Consolidated
Net interest and dividend revenue from external sources	$	726,855	$	83,231	$	81,528	$	93,253	$	984,867
Net interest revenue (expense) from internal sources	(159,954)		73,448		31,480		55,026		—
Net interest and dividend revenue	566,901		156,679		113,008		148,279		984,867
Provision for credit losses	30,358		5,143		(288)		(27,213)		8,000
Net interest and dividend revenue after provision for credit losses	536,543		151,536		113,296		175,492		976,867
Other operating revenue	162,701		178,123		296,369		(20,409)		616,784
Other operating expense	202,095		231,075		257,650		337,346		1,028,166
Net direct contribution	497,149		98,584		152,015		(182,263)		565,485
Gain (loss) on financial instruments, net	26		(25,021)		7		24,988		—
Change in fair value of mortgage servicing rights	—		4,668		—		(4,668)		—
Gain (loss) on repossessed assets, net	(6,532)		247		—		6,285		—
Corporate expense allocations	36,670		44,398		35,920		(116,988)		—
Net income before taxes	453,973		34,080		116,102		(38,670)		565,485
Federal and state income taxes	120,458		8,681		30,075		(40,153)		119,061
Net income	333,515		25,399		86,027		1,483		446,424
Net income attributable to non-controlling interests	—		—		—		778		778
Net income attributable to BOK Financial Corp. shareholders	$	333,515	$	25,399	$	86,027	$	705	$	445,646

Average assets	$	18,432,035	$	8,303,263	$	8,447,784	$	(245,552)	$	34,937,530