Call reports 2014
GLOBAL INNOVATIONS BANK — 2014
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 19,041,000 | 19,098,000 | 18,701,000 | 19,757,000 |
| Total loans | 10,820,000 | 12,108,000 | 12,440,000 | 13,292,000 |
| Allowance for loan losses | 95,000 | 95,000 | 96,000 | 97,000 |
| Securities available for sale | 540,000 | 524,000 | 504,000 | 484,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,662,000 | 17,681,000 | 16,915,000 | 18,216,000 |
| Interest-bearing deposits | 15,534,000 | 15,343,000 | 14,564,000 | 15,387,000 |
| Noninterest-bearing deposits | 2,128,000 | 2,338,000 | 2,351,000 | 2,829,000 |
| Equity capital | 1,355,000 | 1,391,000 | 1,424,000 | 1,519,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 173,000 | 346,000 | 524,000 | 719,000 |
| Interest expense | 13,000 | 26,000 | 39,000 | 52,000 |
| Net interest income | 160,000 | 320,000 | 485,000 | 667,000 |
| Noninterest income | 29,000 | 35,000 | 21,000 | 75,000 |
| Noninterest expense | 140,000 | 280,000 | 391,000 | 531,000 |
| Provision for loan losses | 26,000 | 26,000 | 26,000 | 27,000 |
| Pretax income | 23,000 | 49,000 | 89,000 | 184,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 23,000 | 49,000 | 89,000 | 184,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,355,000 | 1,375,000 | 1,415,000 | 1,510,000 |
| Total capital | 1,450,000 | 1,470,000 | 1,511,000 | 1,607,000 |
| Risk-weighted assets | 10,306,000 | 10,674,000 | 10,845,000 | 12,803,000 |