Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets [Text Block]

Goodwill and Intangible Assets

The following table presents the original cost and accumulated amortization of intangible assets (in thousands):

	Dec. 31,
	2022		2021
Core deposit premiums	$	103,200	$	103,200
Less: Accumulated amortization	55,130		44,149
Net core deposit premiums	48,070		59,051
Other identifiable intangible assets	78,154		78,154
Less: Accumulated amortization	50,093		45,427
Net other identifiable intangible assets	28,061		32,727
Total intangible assets, net	$	76,131	$	91,778

Expected amortization expense for intangible assets that will continue to be amortized (in thousands):

	Core Deposit Premiums		Other Identifiable Intangible Assets		Total
2023	$	10,145	$	3,625	$	13,770
2024	9,379		2,611		11,990
2025	8,675		2,201		10,876
2026	7,986		1,828		9,814
2027	6,956		1,597		8,553
Thereafter	4,929		16,199		21,128
	$	48,070	$	28,061	$	76,131

The changes in the carrying value of goodwill by operating segment are as follows (in thousands):

	Commercial Banking		Consumer Banking		Wealth Management		Funds Management and Other		Total
Balance, December 31, 2020	913,931		43,458		90,702		—		1,048,091
Sale of consolidated merchant banking investment during 2021	(3,342)		—		—		—		(3,342)
Balance, December 31, 2021	910,589		43,458		90,702		—		1,044,749
Balance, December 31, 2022	$	910,589	$	43,458	$	90,702	$	—	$	1,044,749

At October 1, 2022, the Company performed a qualitative impairment assessment of goodwill based on factors including, but not limited to, general economic conditions, financial services industry considerations, regional economic conditions, global health concerns and related medical developments, general BOKF Financial performance and reporting unit performance. No impairment was indicated for any reporting unit.