BOK Financial Corporation (BOKF) reported earnings of $0.92 per share in the second quarter of 2020, up 5% from the first quarter. The earnings improvement was attributable to higher mortgage banking revenue and a sharp decline in funding cost. Earnings will likely continue to improve in the year ahead due to the Paycheck Protection Program. Moreover, the provision expense will likely decline in the year ahead, but remain above normal. Overall, I'm expecting BOKF's earnings in the second quarter to increase by 77% from the first half's earnings. However, the bottom line in the remainder