Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2023

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,
	2023		2022
Core deposit premiums	$	103,200	$	103,200
Less: Accumulated amortization	65,275		55,130
Net core deposit premiums	37,925		48,070
Other identifiable intangible assets	67,151		78,154
Less: Accumulated amortization	45,097		50,093
Net other identifiable intangible assets	22,054		28,061
Total intangible assets, net	$	59,979	$	76,131

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

	Core Deposit Premiums		Other Identifiable Intangible Assets		Total
2024	$	9,379	$	2,163	$	11,542
2025	8,675		1,817		10,492
2026	7,986		1,498		9,484
2027	6,956		1,313		8,269
2028	4,929		1,022		5,951
Thereafter	—		14,241		14,241
Total	$	37,925	$	22,054	$	59,979

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, 2021	$	910,589	$	43,458	$	90,702	$	—	$	1,044,749
Balance, December 31, 2022	910,589		43,458		90,702		—		1,044,749
Balance, December 31, 2023	910,589		43,458		90,702		—		1,044,749

At October 1, 2023, 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.