Call reports 2013
GLOBAL INNOVATIONS BANK — 2013
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 19,415,000 | 18,427,000 | 18,741,000 | 19,541,000 |
| Total loans | 10,553,000 | 10,780,000 | 10,040,000 | 12,134,000 |
| Allowance for loan losses | 53,000 | 60,000 | 62,000 | 68,000 |
| Securities available for sale | 711,000 | 632,000 | 591,000 | 565,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,100,000 | 17,122,000 | 17,412,000 | 18,223,000 |
| Interest-bearing deposits | 15,809,000 | 14,895,000 | 15,295,000 | 15,480,000 |
| Noninterest-bearing deposits | 2,291,000 | 2,227,000 | 2,117,000 | 2,743,000 |
| Equity capital | 1,279,000 | 1,269,000 | 1,295,000 | 1,286,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 175,000 | 350,000 | 522,000 | 693,000 |
| Interest expense | 16,000 | 32,000 | 47,000 | 61,000 |
| Net interest income | 159,000 | 318,000 | 475,000 | 632,000 |
| Noninterest income | 39,000 | 64,000 | 73,000 | 71,000 |
| Noninterest expense | 150,000 | 300,000 | 435,000 | 591,000 |
| Provision for loan losses | 0 | 22,000 | 22,000 | 27,000 |
| Pretax income | 48,000 | 60,000 | 91,000 | 85,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 48,000 | 60,000 | 91,000 | 85,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,249,000 | 1,261,000 | 1,291,000 | 1,286,000 |
| Total capital | 1,302,000 | 1,321,000 | 1,353,000 | 1,354,000 |
| Risk-weighted assets | 10,292,000 | 9,512,000 | 9,512,000 | 10,981,000 |