Call reports 2001
GLOBAL INNOVATIONS BANK — 2001
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 18,703,000 | 17,436,000 | 18,424,000 | 19,076,000 |
| Total loans | 11,962,000 | 12,553,000 | 12,345,000 | 12,117,000 |
| Allowance for loan losses | 198,000 | 222,000 | 270,000 | 224,000 |
| Securities available for sale | 2,212,000 | 1,600,000 | 1,572,000 | 1,704,000 |
| Securities held to maturity | 257,000 | 252,000 | 246,000 | 240,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,463,000 | 15,254,000 | 16,175,000 | 16,865,000 |
| Interest-bearing deposits | 15,194,000 | 14,067,000 | 14,842,000 | 15,171,000 |
| Noninterest-bearing deposits | 1,269,000 | 1,187,000 | 1,333,000 | 1,694,000 |
| Equity capital | 2,059,000 | 2,083,000 | 2,132,000 | 2,125,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 353,000 | 670,000 | 1,022,000 | 1,356,000 |
| Interest expense | 192,000 | 374,000 | 547,000 | 715,000 |
| Net interest income | 161,000 | 296,000 | 475,000 | 641,000 |
| Noninterest income | 10,000 | 19,000 | 33,000 | 45,000 |
| Noninterest expense | 127,000 | 254,000 | 393,000 | 550,000 |
| Provision for loan losses | 10,000 | 45,000 | 60,000 | 60,000 |
| Pretax income | 35,000 | 17,000 | 56,000 | 77,000 |
| Income tax | 4,000 | -39,000 | -39,000 | -39,000 |
| Net income | 31,000 | 56,000 | 95,000 | 116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,035,000 | 2,060,000 | 2,100,000 | 2,110,000 |
| Total capital | 2,200,000 | 2,218,000 | 2,255,000 | 2,256,000 |
| Risk-weighted assets | 13,129,000 | 12,554,000 | 12,315,000 | 11,420,000 |