Reportable Segments (Tables)

12 Months Ended

Dec. 31, 2021

Reportable segments reconciliation to the Consolidated Financial Statements for the year ended December 31, 2021 is as follows (in thousands):


	Commercial		Consumer		Wealth Management		Funds Management and Other		BOK Financial Consolidated
Net interest and dividend revenue from external sources	$	606,902	$	67,856	$	214,458	$	228,817	$	1,118,033
Net interest revenue (expense) from internal sources	(71,167)		35,671		(386)		35,882		—
Net interest and dividend revenue	535,735		103,527		214,072		264,699		1,118,033
Net loans charged off and provision for credit losses	31,128		4,009		(223)		(134,914)		(100,000)
Net interest and dividend revenue after provision for credit losses	504,607		99,518		214,295		399,613		1,218,033
Other operating revenue	262,402		173,341		298,962		21,070		755,775
Other operating expense	281,089		209,596		320,357		366,666		1,177,708
Net direct contribution	485,920		63,263		192,900		54,017		796,100
Gain (loss) on financial instruments, net	154		(21,871)		—		21,717		—
Change in fair value of mortgage servicing rights	—		41,637		—		(41,637)		—
Gain (loss) on repossessed assets, net	13,001		85		—		(13,086)		—
Corporate expense allocations	49,941		46,010		40,301		(136,252)		—
Net income before taxes	449,134		37,104		152,599		157,263		796,100
Federal and state income taxes	120,618		9,461		39,049		10,647		179,775
Net income	328,516		27,643		113,550		146,616		616,325
Net income attributable to non-controlling interests	—		—		—		(1,796)		(1,796)
Net income attributable to BOK Financial Corp. shareholders	$	328,516	$	27,643	$	113,550	$	148,412	$	618,121

Average assets	$	28,536,881	$	10,029,687	$	19,425,475	$	(7,840,340)	$	50,151,703

Reportable segments reconciliation to the Consolidated Financial Statements for the year ended December 31, 2020 is as follows (in thousands):


	Commercial		Consumer		Wealth Management		Funds Management and Other		BOK Financial Consolidated
Net interest and dividend revenue from external sources	$	714,932	$	78,004	$	130,818	$	184,690	$	1,108,444
Net interest revenue (expense) from internal sources	(126,444)		69,000		(13,528)		70,972		—
Net interest and dividend revenue	588,488		147,004		117,290		255,662		1,108,444
Net loans charged off and provision for credit losses	69,475		2,805		(209)		150,521		222,592
Net interest and dividend revenue after provision for credit losses	519,013		144,199		117,499		105,141		885,852
Other operating revenue	187,361		243,719		398,834		12,406		842,320
Other operating expense	258,903		230,402		325,627		349,376		1,164,308
Net direct contribution	447,471		157,516		190,706		(231,829)		563,864
Gain (loss) on financial instruments, net	193		95,344		4		(95,541)		—
Change in fair value of mortgage servicing rights	—		(79,524)		—		79,524		—
Gain (loss) on repossessed assets, net	(2,677)		276		—		2,401		—
Corporate expense allocations	24,862		42,155		35,331		(102,348)		—
Net income before taxes	420,125		131,457		155,379		(143,097)		563,864
Federal and state income taxes	114,120		33,483		39,765		(58,575)		128,793
Net income	306,005		97,974		115,614		(84,522)		435,071
Net loss attributable to non-controlling interests	—		—		—		41		41
Net income attributable to BOK Financial Corp. shareholders	$	306,005	$	97,974	$	115,614	$	(84,563)	$	435,030

Average assets	$	26,994,075	$	9,842,114	$	15,695,646	$	(3,827,445)	$	48,704,390

Reportable segments reconciliation to the Consolidated Financial Statements for the year ended December 31, 2019 is as follows (in thousands):


	Commercial		Consumer		Wealth Management		Funds Management and Other		BOK Financial Consolidated
Net interest and dividend revenue from external sources	$	919,148	$	99,679	$	61,277	$	32,775	$	1,112,879
Net interest revenue (expense) from internal sources	(242,907)		95,775		38,815		108,317		—
Net interest and dividend revenue	676,241		195,454		100,092		141,092		1,112,879
Net loans charged off and provision for credit losses	39,011		6,271		(308)		(974)		44,000
Net interest and dividend revenue after provision for credit losses	637,230		189,183		100,400		142,066		1,068,879
Other operating revenue	170,412		187,500		341,389		(4,068)		695,233
Other operating expense	252,459		226,346		277,267		377,172		1,133,244
Net direct contribution	555,183		150,337		164,522		(239,174)		630,868
Gain (loss) on financial instruments, net	106		30,375		2		(30,483)		—
Change in fair value of mortgage servicing rights	—		(53,517)		—		53,517		—
Gain (loss) on repossessed assets, net	331		496		—		(827)		—
Corporate expense allocations	43,055		46,926		36,239		(126,220)		—
Net income before taxes	512,565		80,765		128,285		(90,747)		630,868
Federal and state income taxes	137,759		20,572		32,954		(61,102)		130,183
Net income	374,806		60,193		95,331		(29,645)		500,685
Net income attributable to non-controlling interests	—		—		—		(73)		(73)
Net income attributable to BOK Financial Corp. shareholders	$	374,806	$	60,193	$	95,331	$	(29,572)	$	500,758

Average assets	$	22,807,589	$	9,301,341	$	10,204,426	$	(219,009)	$	42,094,347