EXHIBIT 21 BOK FINANCIAL CORPORATION EXHIBIT 21 SUBSIDIARIES OF THE REGISTRANT BANKING SUBSIDIARIES -------------------- Bank of Oklahoma, National Association Citizens Bank of Northwest Arkansas, National Association OTHER SUBSIDIARIES OF BOK FINANCIAL CORPORATION ----------------------------------------------- BOKF Merger Corporation Number Three BOKF Merger Corporation Number Four Brookside Bancshares, Inc. BOK Capital Services Corp. (formerly BOKF Leasing Corp.) KCI Leasing Partners I, an Oklahoma Limited Partnership KCI Leasing Partners II, an Oklahoma Limited Partnership SUBSIDIARIES OF --------------- BANK OF OKLAHOMA, N.A. AND CITIZENS BANK OF NORTHWEST ARKANSAS, N.A. -------------------------------------------------------------------- Affiliated BancServices, Inc. Affiliated Financial Holding Company Affiliated Financial Insurance Agency, Inc. Affiliated Financial Life Insurance Company Alliance Trust Company, National Association Banco Leasing Company BancOklahoma Agri-Service Corp. BancOklahoma Mortgage Corp. BOSC, Inc. BancOklahoma Trust Company Big Bear, Inc. BOK Delaware, Inc. BOK DPC Asset Holding Company BOK Real Estate Trust BOK Second DPC Asset Holding Company Citizens Mortgage Group, Inc. FGBSA Securities Brokerage (Oklahoma), Inc. Investment Concepts, Inc. Pacesetter Leasing Company Southwest Trust Company Southwest Trustcorp., Inc. Steven L. Smith Corp. 115 E. Fifth Corp. All subsidiaries are incorporated in Oklahoma, with the exception of Bank of Oklahoma, National Association, which is chartered by the United States of America; Affiliated Financial Life Insurance Company, which is incorporated in Arizona; Alliance Trust Company and FGBSA Securities Brokerage (Oklahoma), Inc., which are incorporated in Texas; Brookside Bancshares, BOK Delaware, Inc. and BOK Real Estate Trust, which are incorporated in Delaware; and Citizens Bank of Northwest Arkansas, N.A. and Big Bear, Inc., which are incorporated in Arkansas. BOK FINANCIAL CORPORATION EXHIBIT 23.0 CONSENT OF INDEPENDENT AUDITORS We consent to the incorporation by reference of our report dated January 29, 1996, with respect to the consolidated financial statements of BOK Financial Corporation and subsidiaries incorporated by reference in the annual report (Form 10-K) for the year ended December 31, 1995, in the following registration statements: . Registration Statement (Form S-8, No. 33-44121) pertaining to the Reoffer Prospectus of the Bank of Oklahoma Master Thrift Plan and Trust Agreement. . Registration Statement (Form S-8, No. 33-44122) pertaining to the Reoffer Prospectus of the BOK Financial Corporation 1991 Special Stock Option Plan. . Registration Statement (Form S-8, No. 33-55312) pertaining to the Reoffer Prospectus of the BOK Financial Corporation 1992 Stock Option Plan. . Registration Statement (Form S-8, No. 33-70102) pertaining to the Reoffer Prospectus of the BOK Financial Corporation 1993 Stock Option Plan. . Registration Statement (Form S-8, No. 33-79834) pertaining to the Reoffer Prospectus of the BOK Financial Corporation 1994 Stock Option Plan. . Registration Statement (Form S-8, No. 33-79836) pertaining to the Reoffer Prospectus of the BOK Financial Corporation Directors' Stock Compensation Plan. Ernst & Young LLP Tulsa, Oklahoma March 26, 1996