BOK Financial announced Wednesday a $43 million quarterly profit and a $201 million gain for last year.

Both chargeoffs and loan provisions appear to have peaked in the third quarter; the company's $49 million quarterly loss provision exceeded net chargeoffs by $14 million. Total nonperforming assets were down just over 1% from the third quarter total of $490 million.

The amount of real estate and other repossessed assets BOK is carrying rose sharply, up to $129 million, from $90 million in the third quarter.

Brett Rabatin, a Sterne, Agee & Leach Equity Research analyst who covers BOK, cited the relatively stable chargeoffs as good news.

However, given the slow lending environment, "revenue growth is going to be a pretty significant challenge," he said.

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