Call reports 2002
GLOBAL INNOVATIONS BANK — 2002
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 18,668,000 | 19,277,000 | 19,644,000 | 20,727,000 |
| Total loans | 11,929,000 | 13,193,000 | 13,377,000 | 12,223,000 |
| Allowance for loan losses | 224,000 | 157,000 | 158,000 | 164,000 |
| Securities available for sale | 2,548,000 | 3,089,000 | 2,708,000 | 3,344,000 |
| Securities held to maturity | 232,000 | 230,000 | 226,000 | 224,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,501,000 | 17,064,000 | 17,347,000 | 18,686,000 |
| Interest-bearing deposits | 15,267,000 | 15,969,000 | 16,207,000 | 17,178,000 |
| Noninterest-bearing deposits | 1,234,000 | 1,095,000 | 1,140,000 | 1,508,000 |
| Equity capital | 2,073,000 | 2,141,000 | 2,211,000 | 1,976,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 292,000 | 582,000 | 892,000 | 1,146,000 |
| Interest expense | 133,000 | 250,000 | 367,000 | 477,000 |
| Net interest income | 159,000 | 332,000 | 525,000 | 669,000 |
| Noninterest income | 11,000 | 18,000 | 27,000 | 35,000 |
| Noninterest expense | 139,000 | 287,000 | 433,000 | 571,000 |
| Provision for loan losses | 0 | 20,000 | 20,000 | 269,000 |
| Pretax income | 31,000 | 43,000 | 112,000 | -123,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 31,000 | 43,000 | 112,000 | -123,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,073,000 | 2,085,000 | 2,126,000 | 1,892,000 |
| Total capital | 2,214,000 | 2,235,000 | 2,284,000 | 2,043,000 |
| Risk-weighted assets | 11,273,000 | 11,983,000 | 12,357,000 | 12,027,000 |