Call reports 2017
GLOBAL INNOVATIONS BANK — 2017
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 18,210,000 | 17,369,000 | 17,159,000 | 18,307,000 |
| Total loans | 11,055,000 | 11,809,000 | 11,468,000 | 11,471,000 |
| Allowance for loan losses | 99,000 | 101,000 | 103,000 | 104,000 |
| Securities available for sale | 338,000 | 340,000 | 325,000 | 315,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,429,000 | 15,588,000 | 15,348,000 | 16,428,000 |
| Interest-bearing deposits | 13,483,000 | 12,837,000 | 12,603,000 | 13,048,000 |
| Noninterest-bearing deposits | 2,946,000 | 2,751,000 | 2,745,000 | 3,380,000 |
| Equity capital | 1,757,000 | 1,758,000 | 1,787,000 | 1,853,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 160,000 | 313,000 | 489,000 | 676,000 |
| Interest expense | 10,000 | 21,000 | 32,000 | 44,000 |
| Net interest income | 150,000 | 292,000 | 457,000 | 632,000 |
| Noninterest income | 19,000 | 21,000 | 24,000 | 62,000 |
| Noninterest expense | 120,000 | 249,000 | 377,000 | 528,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 49,000 | 64,000 | 104,000 | 166,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 49,000 | 64,000 | 104,000 | 166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,732,000 | 1,723,000 | 1,757,000 | 1,825,000 |
| Total capital | 1,831,000 | 1,824,000 | 1,860,000 | 1,929,000 |
| Risk-weighted assets | 10,125,000 | 10,244,000 | 9,895,000 | 10,191,000 |