Other Borrowed Funds Other Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Other Borrowed Funds [Table Text Block]

Information relating to other borrowings is summarized as follows (dollars in thousands):


	As of				Year Ended
	December 31, 2021				December 31, 2021
	Balance		Rate		Average Balance		Rate		Maximum Outstanding At Any Month End
Funds purchased	$	199,513	0.05	%	$	543,183	0.46	%	$	542,465
Repurchase agreements	2,126,936		0.08	%	1,695,519		0.33	%	2,920,728
Other borrowings:
Federal Home Loan Bank advances	—		—	%	1,679,315		0.27	%	2,600,000
GNMA repurchase liability	7,420		4.36	%	11,956		4.06	%	23,856

Paycheck protection program liquidity facility	—		—	%	879,145		0.35	%	1,662,598
Other	29,333		3.23	%	29,445		4.18	%	31,875
Total other borrowings	36,753				2,599,861		0.38	%
Subordinated debentures1	131,226		3.95	%	224,058		4.70	%	276,049
Total other borrowed funds	$	2,494,428			$	5,062,621	0.56	%


	As of				Year Ended
	December 31, 2020				December 31, 2020
	Balance		Rate		Average Balance		Rate		Maximum Outstanding At Any Month End
Funds purchased	$	769,365	0.05	%	$	2,045,795	0.58	%	$	3,311,938
Repurchase agreements	893,021		0.09	%	1,589,746		0.24	%	3,230,097
Other borrowings:
Federal Home Loan Bank advances	200,000		0.29	%	3,393,989		1.00	%	7,500,000
GNMA repurchase liability	19,500		4.35	%	42,771		4.18	%	126,569
Federal Reserve Bank advances	—		—	%	42,464		0.26	%	—
Paycheck protection program liquidity facility	1,635,963		0.35	%	1,152,073		0.35	%	2,013,414
Other	27,507		5.24	%	28,156		5.12	%	49,376
Total other borrowings	1,882,970				4,659,453		0.88	%
Subordinated debentures1	276,005		4.72	%	275,965		5.05	%	276,005
Total other borrowed funds	$	3,821,361			$	8,570,959	0.82	%


	As of				Year Ended
	December 31, 2019				December 31, 2019
	Balance		Rate		Average Balance		Rate		Maximum Outstanding At Any Month End
Funds purchased	$	3,390,528	1.53	%	$	2,438,376	2.08	%	$	3,390,528
Repurchase agreements	427,822		0.50	%	399,785		0.57	%	427,822
Other borrowings:
Federal Home Loan Bank advances	4,500,000		1.79	%	7,122,466		2.44	%	8,000,000
GNMA repurchase liability	15,417		4.32	%	13,746		4.47	%	19,581
Other	11,638		5.09	%	11,144		5.30	%	34,676
Total other borrowings	4,527,055				7,147,356		2.45	%
Subordinated debentures1	275,923		5.15	%	276,075		5.47	%	275,923
Total other borrowed funds	$	8,621,328			$	10,261,592	2.37	%

Schedule of Maturities of Other Borrowed Funds [Table Text Block]

Aggregate annual principal repayments at December 31, 2021 are as follows (in thousands):



2022	$	2,343,341
2023	3,378
2024	3,498
2025	3,622
2026	3,752
Thereafter	136,837
Total	$	2,494,428

Schedule of Repurchase Agreements [Table Text Block]

Additional information relating to securities sold under agreements to repurchase and related liabilities at December 31, 2021 and 2020 is as follows (dollars in thousands):


	December 31, 2021
	Amortized		Fair		Repurchase
Security Sold/Maturity	Cost		Value		Liability1		Rate

U.S. government agency mortgage-backed securities:
Overnight1	$	907,154	$	902,507	$	884,936	0.08	%
Less than 30 days2	N/A		1,242,000		1,242,000		1.50	%
Total Agency Securities	$	907,154	$	2,144,507	$	2,126,936	1.58	%

	December 31, 2020
	Amortized		Fair		Repurchase
Security Sold/Maturity	Cost		Value		Liability1		Rate

U.S. government agency mortgage-backed securities:
Overnight1	$	893,069	$	910,885	$	893,021	0.09	%
Less than 30 days	—		—		—		—	%
Total Agency Securities	$	893,069	$	910,885	$	893,021	0.09	%

1 BOK Financial maintains control over the securities underlying overnight repurchase agreements and generally transfers control over securities underlying longer-term dealer repurchase agreements to the respective counterparty.

2 Trading position.