FDIC Certificate #: 35141 Status: Active Federal Reserve ID: 2850722 Date Established: November 12, 1999 WWW:http://www.bmwusa.combanking/ Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 75133 Numeric code: 23 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Consumer Lending Specialization Date of Deposit Insurance: November 12, 1999 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 2735 East Parleys Way, Salt Lake City, UT 84109 County: Salt Lake Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160) Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482) Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620) CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $9,024.0 mil Equity capital: $999.6 mil Deposits held in domestic offices: $6,186.0 mil Return on assets (ROA): 2.63% ($237.3 mil) Quarterly return on assets: 2.39% ($215.7 mil) Return on Equity (ROE): 24.67% ($246.7 mil) Quarterly return on equity: 20.76% ($207.6 mil) Net income: $241.1 mil Quarterly Net income: $53.6 mil Pretax return on assets: 4.29% ($387,131.0 mil) Quarterly Pretax return on assets: 3.99% ($360,058.9 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
35Total employees (full-time equivalent)
$9,024,032Total assets
$31,938Cash and due from depository institutions
$5,742Interest-bearing balances
$2,275,000Securities
$93Federal funds sold & reverse repurchase agreements
$6,653,983Net loans & leases
$35,644Loan loss allowance
$0Trading account assets
$18Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$9,024,032Life insurance assets
$63,000All other assets
$8,024,418Total liabilities and capital
$6,186,004Total liabilities
$6,186,004Total deposits
$6,186,004Interest-bearing deposits
$94Deposits held in domestic offices
680000.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$900,000Trading liabilities
$0Other borrowed funds
$258,414Subordinated debt
$999,614All other liabilities
$999,614Total equity capital
$999,614Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$373,670Surplus
$625,943Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$11,266Income earned, not collected on loans
$0Earning assets
$16,822Long-term assets (5+ years)
$8,934,818Average Assets, year-to-date
$778,112Average Assets, quarterly
$9,182,017Volatile liabilities
$8,969,726Insider loans
$8,785,160FHLB advances
$8,943,091Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$988,097Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$994,618Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$618,398Total interest income
$183,086Total interest expense
$435,312Net interest income
$12,207Provision for loan and lease losses
$64,906Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$64,906Additional noninterest income
$94,998Total noninterest expense
$3,672Salaries and employee benefits
$334Premises and equipment expense
$90,992Additional noninterest expense
$393,013Pre-tax net operating income
$793Securities gains (losses)
$152,696Applicable income taxes
$241,110Income before extraordinary items
$0Extraordinary gains - net
$241,110Net income attributable to bank
$0Net charge-offs
$241,110Cash dividends
$29,342Sale, conversion, retirement of capital stock, net
$120,000Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.80%Yield on earning assets
2.01%Cost of funding earning assets
4.79%Net interest margin
0.71%Noninterest income to earning assets
1.04%Noninterest expense to earning assets
2.62%Net operating income to assets
2.63%Return on assets (ROA)
4.29%Pretax return on assets
24.67%Return on equity (ROE)
12.39%Retained earnings to average equity (YTD only)
0.43%Net charge-offs to loans
41.60%Credit loss provision to net charge-offs
13.81%Efficiency ratio
18,991Assets per employee
257.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
49.77%Loss allowance to loans
0.53%Loss allowance to noncurrent loans
316.39%Noncurrent assets plus other real estate owned to assets
0.12%Noncurrent loans to loans
0.17%Net loans and leases to deposits
107.57%Net loans and leases to core deposits
1907.64%Equity capital to assets
11.08%Core capital (leverage) ratio
11.05%Tier 1 risk-based capital ratio
11.25%Total risk-based capital ratio
Memoranda
$12Average assets
$9,182,017Average earning assets
$977,301Average equity
$9,092,764Average loans
List of branches
1 Utah Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
75133
Bmw Bank Of North America
2735 East Parleys Way, Salt Lake City, UT 84109
November 12, 1999
Full Service Brick and Mortar
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