Call reports 2016
BMW BANK OF NORTH AMERICA — 2016
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 9,965,984,000 | 9,946,846,000 | 9,928,638,000 | 9,922,560,000 |
| Total loans | 7,431,603,000 | 7,426,172,000 | 7,391,278,000 | 7,407,829,000 |
| Allowance for loan losses | 26,922,000 | 26,876,000 | 27,561,000 | 27,489,000 |
| Securities available for sale | 270,553,000 | 271,244,000 | 255,626,000 | 265,913,000 |
| Securities held to maturity | 1,995,625,000 | 1,996,970,000 | 1,998,221,000 | 1,973,213,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,975,007,000 | 5,801,133,000 | 5,670,914,000 | 5,622,929,000 |
| Interest-bearing deposits | 5,975,007,000 | 5,801,133,000 | 5,670,914,000 | 5,622,929,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,406,982,000 | 1,444,586,000 | 1,486,256,000 | 1,632,668,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 100,895,000 | 201,388,000 | 308,553,000 | 416,417,000 |
| Interest expense | 29,973,000 | 60,127,000 | 90,467,000 | 120,159,000 |
| Net interest income | 70,922,000 | 141,261,000 | 218,086,000 | 296,258,000 |
| Noninterest income | 16,220,000 | 33,270,000 | 51,304,000 | 70,851,000 |
| Noninterest expense | 23,135,000 | 46,225,000 | 70,647,000 | 91,498,000 |
| Provision for loan losses | 6,835,000 | 10,124,000 | 16,511,000 | 22,733,000 |
| Pretax income | 59,390,000 | 120,400,000 | 184,450,000 | 255,096,000 |
| Income tax | 22,736,000 | 47,818,000 | 70,070,000 | 98,345,000 |
| Net income | 36,654,000 | 72,582,000 | 114,380,000 | 156,751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,403,904,000 | 1,439,832,000 | 1,481,629,000 | 1,634,001,000 |
| Total capital | 1,430,826,000 | 1,466,708,000 | 1,509,189,000 | 1,661,490,000 |
| Risk-weighted assets | 9,534,692,000 | 9,527,696,000 | 9,525,173,000 | 9,519,075,000 |