Call reports 2020
BMW BANK OF NORTH AMERICA — 2020
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 11,352,231,000 | 11,446,211,000 | 11,443,278,000 | 11,505,711,000 |
| Total loans | 8,487,656,000 | 8,626,305,000 | 8,667,575,000 | 8,705,162,000 |
| Allowance for loan losses | 20,198,000 | 33,087,000 | 92,119,000 | 88,470,000 |
| Securities available for sale | 400,014,000 | 361,107,000 | 326,473,000 | 277,817,000 |
| Securities held to maturity | 1,995,777,000 | 1,998,074,000 | 1,997,799,000 | 1,994,824,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,180,689,000 | 7,735,967,000 | 7,604,112,000 | 7,751,535,000 |
| Interest-bearing deposits | 8,180,689,000 | 7,735,967,000 | 7,604,112,000 | 7,751,535,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,569,032,000 | 1,593,710,000 | 1,592,683,000 | 1,638,489,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 111,513,000 | 220,234,000 | 327,725,000 | 431,318,000 |
| Interest expense | 52,934,000 | 102,394,000 | 147,794,000 | 188,448,000 |
| Net interest income | 58,579,000 | 117,840,000 | 179,931,000 | 242,870,000 |
| Noninterest income | 18,362,000 | 34,895,000 | 52,217,000 | 70,191,000 |
| Noninterest expense | 19,025,000 | 38,107,000 | 58,131,000 | 79,270,000 |
| Provision for loan losses | 4,958,000 | 25,455,000 | 84,636,000 | 83,271,000 |
| Pretax income | 52,958,000 | 89,173,000 | 89,381,000 | 151,142,000 |
| Income tax | 13,134,000 | 22,141,000 | 22,423,000 | 37,180,000 |
| Net income | 39,557,000 | 64,525,000 | 64,598,000 | 111,886,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,559,378,000 | 1,584,346,000 | 1,584,419,000 | 1,631,707,000 |
| Total capital | 1,579,576,000 | 1,617,433,000 | 1,676,538,000 | 1,720,177,000 |
| Risk-weighted assets | 10,655,732,000 | 10,770,583,000 | 10,848,524,000 | 10,948,101,000 |