Call reports 2010
BMW BANK OF NORTH AMERICA — 2010
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 7,761,302,000 | 8,169,465,000 | 8,674,086,000 | 9,237,367,000 |
| Total loans | 6,040,397,000 | 6,238,900,000 | 6,413,694,000 | 6,828,049,000 |
| Allowance for loan losses | 71,082,000 | 61,612,000 | 58,996,000 | 52,779,000 |
| Securities available for sale | 412,843,000 | 363,444,000 | 353,888,000 | 345,467,000 |
| Securities held to maturity | 1,235,862,000 | 1,525,490,000 | 1,874,714,000 | 2,000,511,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,362,555,000 | 5,424,046,000 | 5,722,373,000 | 5,999,038,000 |
| Interest-bearing deposits | 5,362,555,000 | 5,424,046,000 | 5,722,373,000 | 5,999,038,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 708,376,000 | 767,224,000 | 820,817,000 | 876,145,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 146,662,000 | 297,369,000 | 455,406,000 | 615,072,000 |
| Interest expense | 49,376,000 | 100,168,000 | 150,876,000 | 201,140,000 |
| Net interest income | 97,286,000 | 197,201,000 | 304,530,000 | 413,932,000 |
| Noninterest income | 13,489,000 | 28,147,000 | 43,456,000 | 59,704,000 |
| Noninterest expense | 18,674,000 | 39,200,000 | 60,395,000 | 84,600,000 |
| Provision for loan losses | 141,000 | 3,818,000 | 14,238,000 | 19,687,000 |
| Pretax income | 91,960,000 | 182,330,000 | 273,353,000 | 369,349,000 |
| Income tax | 35,311,000 | 69,996,000 | 104,950,000 | 143,665,000 |
| Net income | 56,649,000 | 112,334,000 | 168,403,000 | 225,684,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 697,952,000 | 753,637,000 | 809,706,000 | 866,987,000 |
| Total capital | 769,034,000 | 815,249,000 | 868,702,000 | 919,766,000 |
| Risk-weighted assets | 7,475,781,000 | 7,915,358,000 | 8,423,621,000 | 8,991,352,000 |