Call reports 2009
GLOBAL INNOVATIONS BANK — 2009
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 19,647,000 | 18,902,000 | 18,368,000 | 19,851,000 |
| Total loans | 12,477,000 | 11,922,000 | 11,921,000 | 11,716,000 |
| Allowance for loan losses | 216,000 | 176,000 | 313,000 | 189,000 |
| Securities available for sale | 1,623,000 | 2,040,000 | 1,950,000 | 1,837,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,789,000 | 17,515,000 | 17,227,000 | 18,551,000 |
| Interest-bearing deposits | 15,606,000 | 15,583,000 | 15,184,000 | 16,223,000 |
| Noninterest-bearing deposits | 2,183,000 | 1,932,000 | 2,043,000 | 2,328,000 |
| Equity capital | 1,732,000 | 1,253,000 | 1,020,000 | 1,190,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 255,000 | 480,000 | 693,000 | 910,000 |
| Interest expense | 77,000 | 153,000 | 225,000 | 288,000 |
| Net interest income | 178,000 | 327,000 | 468,000 | 622,000 |
| Noninterest income | 7,000 | 16,000 | -26,000 | -24,000 |
| Noninterest expense | 161,000 | 396,000 | 569,000 | 749,000 |
| Provision for loan losses | 40,000 | 435,000 | 635,000 | 635,000 |
| Pretax income | -16,000 | -488,000 | -762,000 | -786,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -16,000 | -488,000 | -762,000 | -786,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,750,000 | 1,279,000 | 1,004,000 | 1,180,000 |
| Total capital | 1,918,000 | 1,433,000 | 1,149,000 | 1,329,000 |
| Risk-weighted assets | 13,362,000 | 12,291,000 | 11,592,000 | 11,862,000 |