Call reports 2019
BMW BANK OF NORTH AMERICA — 2019
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 10,283,923,000 | 10,384,602,000 | 10,536,512,000 | 10,573,584,000 |
| Total loans | 7,463,288,000 | 7,297,061,000 | 7,512,188,000 | 7,793,890,000 |
| Allowance for loan losses | 29,681,000 | 18,098,000 | 18,285,000 | 18,632,000 |
| Securities available for sale | 212,759,000 | 212,734,000 | 422,371,000 | 408,415,000 |
| Securities held to maturity | 2,002,612,000 | 1,992,006,000 | 2,096,310,000 | 1,995,664,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,332,014,000 | 6,471,085,000 | 6,409,807,000 | 6,370,314,000 |
| Interest-bearing deposits | 6,332,014,000 | 6,471,085,000 | 6,409,807,000 | 6,370,314,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,548,548,000 | 1,609,587,000 | 1,649,675,000 | 1,687,550,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 105,816,000 | 202,728,000 | 313,098,000 | 422,364,000 |
| Interest expense | 50,985,000 | 103,158,000 | 157,392,000 | 211,609,000 |
| Net interest income | 54,831,000 | 99,570,000 | 155,706,000 | 210,755,000 |
| Noninterest income | 22,858,000 | 40,067,000 | 59,395,000 | 78,602,000 |
| Noninterest expense | 24,243,000 | 39,845,000 | 58,665,000 | 79,249,000 |
| Provision for loan losses | 5,341,000 | 2,926,000 | 6,000,000 | 9,041,000 |
| Pretax income | 48,105,000 | 96,866,000 | 150,436,000 | 201,067,000 |
| Income tax | 11,980,000 | 24,025,000 | 37,586,000 | 51,185,000 |
| Net income | 36,125,000 | 96,409,000 | 136,432,000 | 173,790,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,548,051,000 | 1,608,335,000 | 1,648,356,000 | 1,685,716,000 |
| Total capital | 1,577,732,000 | 1,626,433,000 | 1,666,641,000 | 1,704,348,000 |
| Risk-weighted assets | 9,668,795,000 | 9,472,507,000 | 9,817,438,000 | 9,974,349,000 |