Call reports 2016
GLOBAL INNOVATIONS BANK — 2016
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 18,301,000 | 17,758,000 | 17,614,000 | 19,269,000 |
| Total loans | 12,246,000 | 12,356,000 | 11,856,000 | 11,852,000 |
| Allowance for loan losses | 102,000 | 102,000 | 99,000 | 98,000 |
| Securities available for sale | 410,000 | 416,000 | 395,000 | 359,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,575,000 | 16,008,000 | 15,859,000 | 17,524,000 |
| Interest-bearing deposits | 13,835,000 | 13,230,000 | 12,822,000 | 14,137,000 |
| Noninterest-bearing deposits | 2,740,000 | 2,778,000 | 3,037,000 | 3,387,000 |
| Equity capital | 1,704,000 | 1,726,000 | 1,732,000 | 1,721,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 172,000 | 342,000 | 511,000 | 679,000 |
| Interest expense | 14,000 | 22,000 | 34,000 | 45,000 |
| Net interest income | 158,000 | 320,000 | 477,000 | 634,000 |
| Noninterest income | -2,000 | -1,000 | -7,000 | 6,000 |
| Noninterest expense | 114,000 | 244,000 | 361,000 | 516,000 |
| Provision for loan losses | 6,000 | 16,000 | 17,000 | 17,000 |
| Pretax income | 36,000 | 59,000 | 92,000 | 107,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 36,000 | 59,000 | 92,000 | 107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,666,000 | 1,670,000 | 1,685,000 | 1,700,000 |
| Total capital | 1,768,000 | 1,772,000 | 1,784,000 | 1,798,000 |
| Risk-weighted assets | 10,483,000 | 10,285,000 | 10,129,000 | 10,892,000 |