Call reports 2005
GLOBAL INNOVATIONS BANK — 2005
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 20,179,000 | 19,450,000 | 19,217,000 | 19,121,000 |
| Total loans | 13,630,000 | 14,011,000 | 14,250,000 | 13,231,000 |
| Allowance for loan losses | 178,000 | 178,000 | 176,000 | 176,000 |
| Securities available for sale | 4,057,000 | 3,705,000 | 3,388,000 | 3,281,000 |
| Securities held to maturity | 24,000 | 23,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,924,000 | 17,106,000 | 16,753,000 | 16,881,000 |
| Interest-bearing deposits | 16,364,000 | 15,662,000 | 15,172,000 | 15,160,000 |
| Noninterest-bearing deposits | 1,560,000 | 1,444,000 | 1,581,000 | 1,721,000 |
| Equity capital | 2,194,000 | 2,291,000 | 2,167,000 | 2,148,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 277,000 | 579,000 | 884,000 | 1,162,000 |
| Interest expense | 62,000 | 132,000 | 206,000 | 289,000 |
| Net interest income | 215,000 | 447,000 | 678,000 | 873,000 |
| Noninterest income | 9,000 | 37,000 | 45,000 | 56,000 |
| Noninterest expense | 134,000 | 277,000 | 439,000 | 636,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 90,000 | 207,000 | 283,000 | 292,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 90,000 | 207,000 | 283,000 | 292,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,234,000 | 2,300,000 | 2,198,000 | 2,191,000 |
| Total capital | 2,399,000 | 2,469,000 | 2,370,000 | 2,358,000 |
| Risk-weighted assets | 13,257,000 | 13,527,000 | 13,779,000 | 13,371,000 |