Call reports 2018
BMW BANK OF NORTH AMERICA — 2018
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 9,976,900,000 | 9,996,155,000 | 10,110,013,000 | 10,166,676,000 |
| Total loans | 7,325,846,000 | 7,293,243,000 | 7,349,991,000 | 7,360,812,000 |
| Allowance for loan losses | 32,983,000 | 32,606,000 | 32,335,000 | 30,185,000 |
| Securities available for sale | 230,821,000 | 228,772,000 | 218,759,000 | 216,022,000 |
| Securities held to maturity | 1,998,278,000 | 1,998,485,000 | 1,997,608,000 | 2,002,912,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,741,518,000 | 5,726,558,000 | 6,344,621,000 | 6,127,028,000 |
| Interest-bearing deposits | 5,741,518,000 | 5,726,558,000 | 6,344,621,000 | 6,127,028,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,536,821,000 | 1,583,259,000 | 1,628,579,000 | 1,680,999,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 106,213,000 | 214,270,000 | 330,948,000 | 449,361,000 |
| Interest expense | 39,138,000 | 83,008,000 | 131,767,000 | 180,571,000 |
| Net interest income | 67,075,000 | 131,262,000 | 199,181,000 | 268,790,000 |
| Noninterest income | 22,154,000 | 44,796,000 | 68,171,000 | 91,542,000 |
| Noninterest expense | 23,891,000 | 47,721,000 | 71,970,000 | 95,675,000 |
| Provision for loan losses | 4,558,000 | 8,510,000 | 13,784,000 | 17,548,000 |
| Pretax income | 60,780,000 | 119,827,000 | 181,598,000 | 247,109,000 |
| Income tax | 15,696,000 | 27,302,000 | 42,503,000 | 58,151,000 |
| Net income | 45,084,000 | 92,525,000 | 139,095,000 | 188,958,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,540,321,000 | 1,587,763,000 | 1,634,333,000 | 1,684,197,000 |
| Total capital | 1,573,304,000 | 1,620,369,000 | 1,666,668,000 | 1,714,382,000 |
| Risk-weighted assets | 9,429,995,000 | 9,447,426,000 | 9,551,872,000 | 9,571,583,000 |