Call reports 2007
BMW BANK OF NORTH AMERICA — 2007
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 2,299,240,000 | 2,365,047,000 | 2,481,951,000 | 2,484,082,000 |
| Total loans | 2,080,158,000 | 2,044,709,000 | 2,087,515,000 | 2,039,761,000 |
| Allowance for loan losses | 22,083,000 | 23,839,000 | 27,188,000 | 28,679,000 |
| Securities available for sale | 210,180,000 | 308,904,000 | 384,922,000 | 427,550,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,723,567,000 | 1,815,253,000 | 1,824,264,000 | 1,796,199,000 |
| Interest-bearing deposits | 1,723,567,000 | 1,815,253,000 | 1,824,264,000 | 1,796,199,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 192,944,000 | 194,483,000 | 203,450,000 | 212,003,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 40,720,000 | 83,967,000 | 128,226,000 | 175,214,000 |
| Interest expense | 23,452,000 | 48,668,000 | 75,169,000 | 102,652,000 |
| Net interest income | 17,268,000 | 35,299,000 | 53,057,000 | 72,562,000 |
| Noninterest income | 9,649,000 | 19,977,000 | 30,601,000 | 41,974,000 |
| Noninterest expense | 13,125,000 | 26,943,000 | 36,379,000 | 49,059,000 |
| Provision for loan losses | 3,554,000 | 9,941,000 | 18,902,000 | 27,017,000 |
| Pretax income | 10,238,000 | 18,392,000 | 28,377,000 | 38,460,000 |
| Income tax | 3,916,000 | 7,035,000 | 10,828,000 | 14,939,000 |
| Net income | 6,322,000 | 11,357,000 | 17,549,000 | 23,521,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 193,052,000 | 198,087,000 | 204,279,000 | 210,251,000 |
| Total capital | 215,135,000 | 221,926,000 | 231,467,000 | 237,161,000 |
| Risk-weighted assets | 2,144,200,000 | 2,131,151,000 | 2,189,954,000 | 2,151,017,000 |