Call reports 2024
BMW BANK OF NORTH AMERICA — 2024
What BMW BANK OF NORTH AMERICA reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 12,037,753,000 | 12,113,437,000 | 11,944,453,000 | 12,242,513,000 |
| Total loans | 9,204,838,000 | 9,264,596,000 | 9,107,665,000 | 9,377,366,000 |
| Allowance for loan losses | 38,055,000 | 38,840,000 | 41,837,000 | 42,142,000 |
| Securities available for sale | 268,968,000 | 265,949,000 | 304,279,000 | 303,318,000 |
| Securities held to maturity | 1,945,846,000 | 1,940,030,000 | 1,938,573,000 | 1,939,074,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,604,777,000 | 7,733,838,000 | 7,613,633,000 | 8,203,124,000 |
| Interest-bearing deposits | 7,604,777,000 | 7,733,838,000 | 7,613,633,000 | 8,203,124,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 1,874,043,000 | 1,703,427,000 | 1,776,495,000 | 1,838,657,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 175,178,000 | 359,248,000 | 549,558,000 | 744,683,000 |
| Interest expense | 88,119,000 | 184,559,000 | 285,751,000 | 388,119,000 |
| Net interest income | 87,059,000 | 174,689,000 | 263,807,000 | 356,564,000 |
| Noninterest income | 27,084,000 | 54,368,000 | 82,838,000 | 113,257,000 |
| Noninterest expense | 22,150,000 | 44,184,000 | 66,415,000 | 89,725,000 |
| Provision for loan losses | 5,484,000 | 11,973,000 | 22,229,000 | 32,528,000 |
| Pretax income | 86,509,000 | 172,900,000 | 258,001,000 | 347,568,000 |
| Income tax | 16,724,000 | 39,125,000 | 60,225,000 | 78,611,000 |
| Net income | 69,785,000 | 133,775,000 | 197,776,000 | 268,957,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,904,083,000 | 1,733,658,000 | 1,797,660,000 | 1,868,840,000 |
| Total capital | 1,942,138,000 | 1,772,498,000 | 1,839,497,000 | 1,910,982,000 |
| Risk-weighted assets | 11,345,373,000 | 11,402,920,000 | 11,246,214,000 | 11,514,852,000 |