Call reports 2014
BMW BANK OF NORTH AMERICA — 2014
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 9,854,013,000 | 9,958,867,000 | 9,977,757,000 | 9,948,711,000 |
| Total loans | 7,322,367,000 | 7,146,869,000 | 7,221,493,000 | 7,214,759,000 |
| Allowance for loan losses | 23,502,000 | 23,876,000 | 25,774,000 | 25,245,000 |
| Securities available for sale | 480,232,000 | 527,380,000 | 518,389,000 | 495,061,000 |
| Securities held to maturity | 1,996,249,000 | 1,996,048,000 | 1,996,287,000 | 1,996,644,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,260,709,000 | 6,321,177,000 | 6,212,651,000 | 5,845,624,000 |
| Interest-bearing deposits | 6,260,709,000 | 6,321,177,000 | 6,212,651,000 | 5,845,624,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,119,946,000 | 1,158,077,000 | 1,191,334,000 | 1,228,204,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 98,535,000 | 197,715,000 | 297,658,000 | 397,898,000 |
| Interest expense | 29,983,000 | 59,312,000 | 87,942,000 | 115,728,000 |
| Net interest income | 68,552,000 | 138,403,000 | 209,716,000 | 282,170,000 |
| Noninterest income | 13,585,000 | 27,340,000 | 41,192,000 | 55,355,000 |
| Noninterest expense | 22,591,000 | 45,430,000 | 68,312,000 | 93,018,000 |
| Provision for loan losses | 5,428,000 | 10,330,000 | 17,873,000 | 23,149,000 |
| Pretax income | 54,118,000 | 109,983,000 | 164,723,000 | 223,091,000 |
| Income tax | 20,830,000 | 42,309,000 | 63,378,000 | 86,848,000 |
| Net income | 33,288,000 | 67,674,000 | 101,345,000 | 136,243,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,118,634,000 | 1,153,021,000 | 1,186,692,000 | 1,221,589,000 |
| Total capital | 1,142,136,000 | 1,176,897,000 | 1,212,466,000 | 1,246,834,000 |
| Risk-weighted assets | 9,465,280,000 | 9,298,836,000 | 9,370,447,000 | 9,356,749,000 |