Colorado State Bank parent company posts second quarter profit

Filed under: AM Roundup |

BOK Financial Group, the parent company for Colorado State Bank and Trust, posted a 41 percent increase in second-quarter profits, said the Denver Business Journal.

The Tulsa, Okla. – based company reported income of $97.6 million for the second quarter. Increased profits were due to mortgage banking revenue, a drop in non-performing assets and a reduction in reserves for credit losses.

Read more at the Denver Business Journal.