Call reports 2011
GLOBAL INNOVATIONS BANK — 2011
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 17,753,000 | 17,652,000 | 17,834,000 | 18,449,000 |
| Total loans | 10,603,000 | 10,932,000 | 10,994,000 | 11,146,000 |
| Allowance for loan losses | 136,000 | 136,000 | 91,000 | 95,000 |
| Securities available for sale | 1,915,000 | 2,185,000 | 2,066,000 | 1,796,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,610,000 | 16,482,000 | 16,654,000 | 17,285,000 |
| Interest-bearing deposits | 14,958,000 | 14,361,000 | 14,828,000 | 15,028,000 |
| Noninterest-bearing deposits | 1,652,000 | 2,121,000 | 1,826,000 | 2,257,000 |
| Equity capital | 1,068,000 | 1,100,000 | 1,110,000 | 1,096,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 184,000 | 387,000 | 580,000 | 773,000 |
| Interest expense | 39,000 | 77,000 | 107,000 | 138,000 |
| Net interest income | 145,000 | 310,000 | 473,000 | 635,000 |
| Noninterest income | 35,000 | 38,000 | 21,000 | 23,000 |
| Noninterest expense | 157,000 | 313,000 | 460,000 | 612,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 23,000 | 35,000 | 34,000 | 26,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 23,000 | 35,000 | 34,000 | 26,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,068,000 | 1,071,000 | 1,071,000 | 1,063,000 |
| Total capital | 1,189,000 | 1,190,000 | 1,162,000 | 1,158,000 |
| Risk-weighted assets | 9,633,000 | 9,516,000 | 10,238,000 | 10,194,000 |