Call reports 2015
GLOBAL INNOVATIONS BANK — 2015
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 19,643,000 | 18,972,000 | 18,221,000 | 19,138,000 |
| Total loans | 12,996,000 | 13,450,000 | 12,999,000 | 12,419,000 |
| Allowance for loan losses | 107,000 | 108,000 | 109,000 | 96,000 |
| Securities available for sale | 459,000 | 440,000 | 419,000 | 446,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,070,000 | 17,158,000 | 16,289,000 | 17,380,000 |
| Interest-bearing deposits | 15,528,000 | 14,730,000 | 13,748,000 | 14,598,000 |
| Noninterest-bearing deposits | 2,542,000 | 2,428,000 | 2,541,000 | 2,782,000 |
| Equity capital | 1,549,000 | 1,604,000 | 1,645,000 | 1,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 187,000 | 377,000 | 563,000 | 746,000 |
| Interest expense | 12,000 | 24,000 | 36,000 | 48,000 |
| Net interest income | 175,000 | 353,000 | 527,000 | 698,000 |
| Noninterest income | -1,000 | -3,000 | -28,000 | -18,000 |
| Noninterest expense | 135,000 | 255,000 | 360,000 | 491,000 |
| Provision for loan losses | 10,000 | 10,000 | 11,000 | 12,000 |
| Pretax income | 29,000 | 85,000 | 128,000 | 177,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 29,000 | 85,000 | 128,000 | 177,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,539,000 | 1,595,000 | 1,637,000 | 1,687,000 |
| Total capital | 1,646,000 | 1,703,000 | 1,746,000 | 1,783,000 |
| Risk-weighted assets | 12,309,000 | 12,002,000 | 11,195,000 | 11,668,000 |