Call reports 2006
GLOBAL INNOVATIONS BANK — 2006
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 19,174,000 | 18,632,000 | 18,372,000 | 19,283,000 |
| Total loans | 13,037,000 | 14,189,000 | 14,404,000 | 13,617,000 |
| Allowance for loan losses | 179,000 | 179,000 | 179,000 | 175,000 |
| Securities available for sale | 3,399,000 | 2,969,000 | 2,590,000 | 2,548,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,882,000 | 16,146,000 | 15,909,000 | 17,345,000 |
| Interest-bearing deposits | 15,304,000 | 14,545,000 | 14,177,000 | 15,490,000 |
| Noninterest-bearing deposits | 1,578,000 | 1,601,000 | 1,732,000 | 1,855,000 |
| Equity capital | 2,210,000 | 2,192,000 | 2,263,000 | 1,861,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 297,000 | 598,000 | 906,000 | 1,210,000 |
| Interest expense | 87,000 | 185,000 | 289,000 | 400,000 |
| Net interest income | 210,000 | 413,000 | 617,000 | 810,000 |
| Noninterest income | 11,000 | 22,000 | 29,000 | 40,000 |
| Noninterest expense | 152,000 | 311,000 | 467,000 | 677,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 69,000 | 124,000 | 176,000 | 170,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 69,000 | 124,000 | 176,000 | 170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,260,000 | 2,262,000 | 2,291,000 | 1,885,000 |
| Total capital | 2,426,000 | 2,438,000 | 2,469,000 | 2,060,000 |
| Risk-weighted assets | 13,308,000 | 14,109,000 | 14,259,000 | 14,357,000 |