Call reports 2021
BMW BANK OF NORTH AMERICA — 2021
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 11,492,851,000 | 11,509,256,000 | 11,647,749,000 | 11,696,297,000 |
| Total loans | 8,690,685,000 | 8,688,809,000 | 8,798,881,000 | 8,864,299,000 |
| Allowance for loan losses | 81,370,000 | 67,465,000 | 48,733,000 | 29,000,000 |
| Securities available for sale | 309,440,000 | 322,297,000 | 315,366,000 | 306,440,000 |
| Securities held to maturity | 1,997,034,000 | 1,996,354,000 | 1,995,978,000 | 1,996,398,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,581,250,000 | 7,486,417,000 | 7,676,503,000 | 7,682,220,000 |
| Interest-bearing deposits | 7,581,250,000 | 7,486,417,000 | 7,676,503,000 | 7,682,220,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,579,537,000 | 1,640,540,000 | 1,702,748,000 | 1,765,224,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 97,553,000 | 192,211,000 | 284,552,000 | 374,933,000 |
| Interest expense | 36,233,000 | 68,682,000 | 98,479,000 | 125,054,000 |
| Net interest income | 61,320,000 | 123,529,000 | 186,073,000 | 249,879,000 |
| Noninterest income | 18,761,000 | 38,655,000 | 59,730,000 | 81,561,000 |
| Noninterest expense | 18,626,000 | 37,504,000 | 57,108,000 | 77,378,000 |
| Provision for loan losses | -7,675,000 | -24,931,000 | -45,092,000 | -64,616,000 |
| Pretax income | 69,130,000 | 149,611,000 | 233,787,000 | 318,678,000 |
| Income tax | 17,065,000 | 37,029,000 | 57,777,000 | 78,093,000 |
| Net income | 52,065,000 | 112,582,000 | 176,010,000 | 240,585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,575,893,000 | 1,636,410,000 | 1,699,838,000 | 1,764,413,000 |
| Total capital | 1,657,263,000 | 1,703,875,000 | 1,748,571,000 | 1,793,413,000 |
| Risk-weighted assets | 10,932,944,000 | 10,929,236,000 | 11,030,123,000 | 11,036,185,000 |