Call reports 2023
BMW BANK OF NORTH AMERICA — 2023
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 11,876,498,000 | 11,957,587,000 | 11,940,457,000 | 11,959,686,000 |
| Total loans | 9,042,721,000 | 9,123,384,000 | 9,094,043,000 | 9,120,791,000 |
| Allowance for loan losses | 14,570,000 | 15,806,000 | 17,184,000 | 39,261,000 |
| Securities available for sale | 292,393,000 | 280,216,000 | 265,546,000 | 279,586,000 |
| Securities held to maturity | 1,970,032,000 | 1,963,729,000 | 1,955,678,000 | 1,947,696,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,914,811,000 | 8,094,691,000 | 7,814,430,000 | 7,680,078,000 |
| Interest-bearing deposits | 7,914,811,000 | 8,094,691,000 | 7,814,430,000 | 7,680,078,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,624,874,000 | 1,683,013,000 | 1,737,176,000 | 1,807,278,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 138,957,000 | 287,608,000 | 448,092,000 | 620,394,000 |
| Interest expense | 56,523,000 | 123,592,000 | 200,377,000 | 287,252,000 |
| Net interest income | 82,434,000 | 164,016,000 | 247,715,000 | 333,142,000 |
| Noninterest income | 23,564,000 | 47,633,000 | 71,936,000 | 110,501,000 |
| Noninterest expense | 21,228,000 | 42,645,000 | 64,321,000 | 86,952,000 |
| Provision for loan losses | 2,550,000 | 5,706,000 | 9,480,000 | 26,447,000 |
| Pretax income | 82,220,000 | 163,298,000 | 245,850,000 | 330,244,000 |
| Income tax | 19,328,000 | 39,343,000 | 59,650,000 | 85,428,000 |
| Net income | 62,892,000 | 123,955,000 | 186,200,000 | 244,816,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,652,374,000 | 1,713,437,000 | 1,775,682,000 | 1,834,298,000 |
| Total capital | 1,666,944,000 | 1,729,243,000 | 1,792,866,000 | 1,873,559,000 |
| Risk-weighted assets | 11,177,651,000 | 11,252,420,000 | 11,219,136,000 | 11,264,861,000 |