Call reports 2013
BMW BANK OF NORTH AMERICA — 2013
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 9,618,367,000 | 9,656,714,000 | 9,916,304,000 | 9,932,699,000 |
| Total loans | 7,058,953,000 | 7,140,078,000 | 7,380,582,000 | 7,392,282,000 |
| Allowance for loan losses | 27,250,000 | 25,724,000 | 26,598,000 | 23,479,000 |
| Securities available for sale | 478,587,000 | 463,988,000 | 483,002,000 | 489,158,000 |
| Securities held to maturity | 1,993,561,000 | 1,993,660,000 | 1,996,368,000 | 1,995,151,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,118,670,000 | 6,129,281,000 | 6,263,551,000 | 6,345,301,000 |
| Interest-bearing deposits | 6,118,670,000 | 6,129,281,000 | 6,263,551,000 | 6,345,301,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,095,697,000 | 1,125,499,000 | 1,160,793,000 | 1,084,323,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 115,958,000 | 224,226,000 | 324,103,000 | 424,768,000 |
| Interest expense | 33,341,000 | 65,227,000 | 96,927,000 | 128,637,000 |
| Net interest income | 82,617,000 | 158,999,000 | 227,176,000 | 296,131,000 |
| Noninterest income | 14,140,000 | 28,398,000 | 42,217,000 | 56,356,000 |
| Noninterest expense | 22,409,000 | 45,162,000 | 68,762,000 | 93,744,000 |
| Provision for loan losses | 2,649,000 | 5,886,000 | 11,421,000 | 13,817,000 |
| Pretax income | 71,699,000 | 138,768,000 | 191,629,000 | 247,345,000 |
| Income tax | 27,564,000 | 53,361,000 | 73,725,000 | 93,513,000 |
| Net income | 44,135,000 | 85,407,000 | 117,904,000 | 153,832,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,085,649,000 | 1,126,921,000 | 1,159,417,000 | 1,085,346,000 |
| Total capital | 1,112,899,000 | 1,152,645,000 | 1,186,015,000 | 1,108,825,000 |
| Risk-weighted assets | 9,201,845,000 | 9,276,174,000 | 9,525,079,000 | 9,538,408,000 |