Call reports 2004
GLOBAL INNOVATIONS BANK — 2004
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 20,469,000 | 20,328,000 | 19,625,000 | 20,563,000 |
| Total loans | 11,387,000 | 12,544,000 | 12,978,000 | 13,059,000 |
| Allowance for loan losses | 174,000 | 178,000 | 178,000 | 178,000 |
| Securities available for sale | 4,987,000 | 4,599,000 | 3,776,000 | 4,276,000 |
| Securities held to maturity | 30,000 | 29,000 | 27,000 | 26,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,186,000 | 17,972,000 | 17,387,000 | 18,308,000 |
| Interest-bearing deposits | 16,896,000 | 16,575,000 | 16,098,000 | 16,601,000 |
| Noninterest-bearing deposits | 1,290,000 | 1,397,000 | 1,289,000 | 1,707,000 |
| Equity capital | 2,227,000 | 2,094,000 | 2,181,000 | 2,183,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 298,000 | 546,000 | 858,000 | 1,137,000 |
| Interest expense | 66,000 | 130,000 | 193,000 | 257,000 |
| Net interest income | 232,000 | 416,000 | 665,000 | 880,000 |
| Noninterest income | 9,000 | 14,000 | 26,000 | 41,000 |
| Noninterest expense | 136,000 | 279,000 | 422,000 | 613,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 105,000 | 151,000 | 267,000 | 309,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 105,000 | 151,000 | 267,000 | 309,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,153,000 | 2,127,000 | 2,163,000 | 2,181,000 |
| Total capital | 2,286,000 | 2,279,000 | 2,318,000 | 2,342,000 |
| Risk-weighted assets | 11,183,000 | 12,261,000 | 12,372,000 | 12,885,000 |