Call reports 2007
GLOBAL INNOVATIONS BANK — 2007
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 19,605,000 | 18,860,000 | 18,346,000 | 18,733,000 |
| Total loans | 13,169,000 | 13,525,000 | 13,931,000 | 13,402,000 |
| Allowance for loan losses | 175,000 | 175,000 | 215,000 | 180,000 |
| Securities available for sale | 2,560,000 | 2,416,000 | 2,515,000 | 2,523,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,613,000 | 16,939,000 | 16,389,000 | 16,734,000 |
| Interest-bearing deposits | 16,053,000 | 15,074,000 | 14,694,000 | 14,924,000 |
| Noninterest-bearing deposits | 1,560,000 | 1,865,000 | 1,695,000 | 1,810,000 |
| Equity capital | 1,903,000 | 1,841,000 | 1,865,000 | 1,925,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 309,000 | 637,000 | 928,000 | 1,247,000 |
| Interest expense | 118,000 | 238,000 | 356,000 | 474,000 |
| Net interest income | 191,000 | 399,000 | 572,000 | 773,000 |
| Noninterest income | 9,000 | 17,000 | 30,000 | 80,000 |
| Noninterest expense | 164,000 | 344,000 | 491,000 | 677,000 |
| Provision for loan losses | 0 | 10,000 | 50,000 | 50,000 |
| Pretax income | 36,000 | 62,000 | 61,000 | 126,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 36,000 | 62,000 | 61,000 | 126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,921,000 | 1,876,000 | 1,875,000 | 1,920,000 |
| Total capital | 2,096,000 | 2,051,000 | 2,052,000 | 2,093,000 |
| Risk-weighted assets | 14,179,000 | 14,411,000 | 14,128,000 | 13,874,000 |