Call reports 2003
GLOBAL INNOVATIONS BANK — 2003
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 20,972,000 | 20,569,000 | 20,503,000 | 20,352,000 |
| Total loans | 10,666,000 | 11,474,000 | 11,890,000 | 10,962,000 |
| Allowance for loan losses | 165,000 | 192,000 | 155,000 | 146,000 |
| Securities available for sale | 4,269,000 | 4,270,000 | 3,930,000 | 3,866,000 |
| Securities held to maturity | 221,000 | 39,000 | 36,000 | 34,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,897,000 | 18,471,000 | 18,381,000 | 18,212,000 |
| Interest-bearing deposits | 17,226,000 | 17,188,000 | 16,899,000 | 16,884,000 |
| Noninterest-bearing deposits | 1,671,000 | 1,283,000 | 1,482,000 | 1,328,000 |
| Equity capital | 2,003,000 | 2,039,000 | 2,059,000 | 2,092,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 238,000 | 479,000 | 753,000 | 998,000 |
| Interest expense | 95,000 | 183,000 | 262,000 | 333,000 |
| Net interest income | 143,000 | 296,000 | 491,000 | 665,000 |
| Noninterest income | 15,000 | 27,000 | 36,000 | 43,000 |
| Noninterest expense | 132,000 | 254,000 | 384,000 | 529,000 |
| Provision for loan losses | 0 | 27,000 | 27,000 | 27,000 |
| Pretax income | 26,000 | 42,000 | 116,000 | 152,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 26,000 | 42,000 | 116,000 | 152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,922,000 | 1,938,000 | 2,012,000 | 2,048,000 |
| Total capital | 2,063,000 | 2,082,000 | 2,160,000 | 2,186,000 |
| Risk-weighted assets | 11,219,000 | 11,440,000 | 11,810,000 | 11,050,000 |