Reportable Segments

3 Months Ended

Mar. 31, 2012

Reportable Segments [Abstract]

Reportable Segments

(10) Reportable Segments

Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended March 31, 2012 is as follows (in thousands):

	Commercial			Consumer			Wealth Management			Funds Management and Other			BOK Financial Consolidated
Net interest revenue from external sources	$	89,731		$	23,947		$	6,747		$	53,144		$	173,569
Net interest revenue (expense) from internal sources		(12,126	)		6,120			5,113			893			–
Net interest revenue		77,605			30,067			11,860			54,037			173,569
Provision for (reduction of) allowance for credit losses		6,416			1,432			626			(8,474	)		–
Net interest revenue after provision for allowances for credit losses		71,189			28,635			11,234			62,511			173,569
Other operating revenue		38,813			51,096			46,372			4,100			140,381
Other operating expense		43,272			37,432			42,163			62,370			185,237
Corporate allocations		12,672			10,318			9,026			(32,016	)		–
Income before taxes		54,058			31,981			6,417			36,257			128,713
Federal and state income tax		21,029			12,441			2,496			9,554			45,520
Net income		33,029			19,540			3,921			26,703			83,193
Net income attributable to non-controlling interest		–			–			–			(422	)		(422	)
Net income attributable to BOK Financial Corp.	$	33,029		$	19,540		$	3,921		$	27,125		$	83,615
Average assets	$	10,131,453		$	5,819,073		$	4,147,907		$	5,418,150		$	25,516,583
Average invested capital		867,690			286,392			175,013			1,506,138			2,835,233
Performance measurements:
Return on average assets		1.31	%		1.35	%		0.38	%					1.32	%
Return on average invested capital		15.31	%		27.44	%		9.01	%					11.86	%
Efficiency ratio		48.07	%		63.81	%		87.83	%					59.77	%

Reportable segments reconciliation to the Consolidated Financial Statements for the three months ended March 31, 2011 is as follows (in thousands):

	Commercial			Consumer			Wealth Management			Funds Management and Other			BOK Financial Consolidated
Net interest revenue from external sources	$	83,686		$	18,664		$	7,796		$	60,493		$	170,639
Net interest revenue (expense) from internal sources		(9,436	)		9,405			3,134			(3,103	)		–
Net interest revenue		74,250			28,069			10,930			57,390			170,639
Provision for (reduction of) allowance for credit losses		6,776			2,682			439			(3,647	)		6,250
Net interest revenue after provision for credit losses		67,474			25,387			10,491			61,037			164,389
Other operating revenue		35,430			37,482			39,953			4,713			117,578
Other operating expense		45,779			39,132			35,309			58,229			178,449
Corporate allocations		10,099			13,069			8,269			(31,437	)		–
Income before taxes		47,026			10,668			6,866			38,958			103,518
Federal and state income tax		18,293			4,150			2,671			13,638			38,752
Net income		28,733			6,518			4,195			25,320			64,766
Net income attributable to non-controlling interest		–			–			–			(8	)		(8	)
Net income attributable to BOK Financial Corp.	$	28,733		$	6,518		$	4,195		$	25,328		$	64,774
Average assets	$	8,992,933		$	6,120,855		$	3,810,143		$	4,815,843		$	23,739,774
Average invested capital		861,980			271,192			175,478			1,256,147			2,564,797
Performance measurements:
Return on average assets		1.30	%		0.43	%		0.45	%					1.11	%
Return on average invested capital		13.52	%		9.75	%		9.70	%					10.24	%
Efficiency ratio		50.95	%		77.40	%		85.71	%					61.15	%