XML 12 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest revenue [Abstract]        
Loans $ 141,560 $ 133,197 $ 280,672 $ 259,893
Residential mortgage loans held for sale 3,508 3,892 6,208 6,841
Trading securities 616 442 1,140 949
Taxable securities 3,069 3,251 6,244 6,577
Tax-exempt securities 1,148 1,315 2,360 2,659
Total investment securities 4,217 4,566 8,604 9,236
Taxable securities 43,345 42,355 88,277 85,460
Tax-exempt securities 527 563 1,062 1,183
Total available for sale securities 43,872 42,918 89,339 86,643
Fair value option securities 2,062 2,320 4,651 4,323
Restricted equity securities 3,863 3,228 8,174 5,825
Interest-bearing cash and cash equivalents 2,569 1,250 5,275 2,672
Total interest revenue 202,267 191,813 404,063 376,382
Interest expense [Abstract]        
Deposits 9,997 11,266 20,539 23,371
Borrowed funds 8,780 3,121 16,752 5,694
Subordinated debentures 878 1,695 1,588 3,860
Total interest expense 19,655 16,082 38,879 32,925
Net interest revenue 182,612 175,731 365,184 343,457
Provision for credit losses 20,000 4,000 55,000 4,000
Net interest revenue after provision for credit losses 162,612 171,731 310,184 339,457
Other operating revenue [Abstract]        
Brokerage and trading revenue 39,530 36,012 71,871 67,719
Transaction card revenue 34,950 32,778 67,304 63,788
Fiduciary and asset management revenue 34,813 32,712 66,869 64,181
Deposit service charges and fees 22,618 22,328 45,160 44,012
Mortgage banking revenue 38,224 36,846 72,654 76,166
Other revenue 13,352 11,871 25,256 22,672
Total fees and commissions 183,487 172,547 349,114 338,538
Other gains, net 1,307 1,457 2,867 2,212
Gain (loss) on derivatives, net 10,766 (1,032) 17,904 (121)
Gain (loss) on fair value option securities, net 4,279 (8,130) 13,722 (5,483)
Change in fair value of mortgage servicing rights (16,283) 8,010 (44,271) (512)
Gain on available for sale securities, net 5,326 3,433 9,290 7,760
Total other-than-temporary impairment losses 0 0 0 (781)
Portion of loss recognized in other comprehensive income 0 0 0 689
Net impairment losses recognized in earnings 0 0 0 (92)
Total other operating revenue 188,882 176,285 348,626 342,302
Other operating expense [Abstract]        
Personnel 142,490 132,695 278,333 261,243
Business promotion 6,703 7,765 12,399 13,513
Professional fees and services 14,158 9,560 25,917 19,619
Net occupancy and equipment 19,677 18,927 38,443 37,971
Insurance 7,129 5,116 14,394 10,096
Data processing and communications 32,802 30,655 64,819 60,427
Printing, postage and supplies 3,889 3,553 7,796 7,014
Net losses and operating expenses of repossessed assets 1,588 223 2,658 836
Amortization of intangible assets 2,624 1,090 3,783 2,180
Mortgage banking costs 15,809 8,227 28,188 18,394
Other expense 7,856 9,302 22,895 16,085
Total other operating expense 254,725 227,113 499,625 447,378
Net income before taxes 96,769 120,903 159,185 234,381
Federal and state income taxes 30,497 40,630 51,925 79,014
Net income 66,272 80,273 107,260 155,367
Net income (loss) attributable to non-controlling interests 471 1,043 (1,105) 1,294
Net income attributable to BOK Financial Corporation shareholders $ 65,801 $ 79,230 $ 108,365 $ 154,073
Earnings per share: [Abstract]        
Basic (in dollars per share) $ 1.00 $ 1.15 $ 1.64 $ 2.23
Diluted (in dollars per share) $ 1.00 $ 1.15 $ 1.64 $ 2.23
Average shares used in computation: [Abstract]        
Basic (in shares) 65,245,887 68,096,341 65,271,214 68,175,327
Diluted (in shares) 65,302,926 68,210,353 65,317,177 68,277,386
Dividends declared per share (in dollars per share) $ 0.43 $ 0.42 $ 0.86 $ 0.84