Call reports 2008
BMW BANK OF NORTH AMERICA — 2008
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 2,678,628,000 | 2,947,147,000 | 3,122,768,000 | 5,527,787,000 |
| Total loans | 2,222,140,000 | 2,493,790,000 | 2,628,493,000 | 3,939,557,000 |
| Allowance for loan losses | 34,211,000 | 38,843,000 | 42,236,000 | 52,817,000 |
| Securities available for sale | 447,045,000 | 445,896,000 | 495,361,000 | 536,386,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,921,150,000 | 2,112,106,000 | 2,190,571,000 | 3,738,461,000 |
| Interest-bearing deposits | 1,921,150,000 | 2,112,106,000 | 2,190,571,000 | 3,738,461,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 219,112,000 | 284,156,000 | 296,647,000 | 433,826,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 47,023,000 | 97,014,000 | 149,856,000 | 220,565,000 |
| Interest expense | 25,455,000 | 50,772,000 | 76,887,000 | 108,115,000 |
| Net interest income | 21,568,000 | 46,242,000 | 72,969,000 | 112,450,000 |
| Noninterest income | 11,603,000 | 24,473,000 | 39,321,000 | 53,902,000 |
| Noninterest expense | 13,324,000 | 24,100,000 | 38,529,000 | 53,405,000 |
| Provision for loan losses | 12,655,000 | 25,115,000 | 34,856,000 | 54,850,000 |
| Pretax income | 7,192,000 | 21,500,000 | 38,905,000 | 58,097,000 |
| Income tax | 2,751,000 | 8,224,000 | 14,881,000 | 22,176,000 |
| Net income | 4,441,000 | 13,276,000 | 24,024,000 | 35,921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 214,693,000 | 283,527,000 | 294,275,000 | 426,171,000 |
| Total capital | 243,924,000 | 316,173,000 | 328,708,000 | 477,899,000 |
| Risk-weighted assets | 2,333,468,000 | 2,605,466,000 | 2,746,804,000 | 4,137,164,000 |