Call reports 2018
GLOBAL INNOVATIONS BANK — 2018
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 20,112,000 | 20,064,000 | 18,996,000 | 19,501,000 |
| Total loans | 10,167,000 | 11,443,000 | 10,998,000 | 10,783,000 |
| Allowance for loan losses | 105,000 | 112,000 | 112,000 | 139,000 |
| Securities available for sale | 286,000 | 280,000 | 270,000 | 270,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,041,000 | 18,037,000 | 16,610,000 | 17,157,000 |
| Interest-bearing deposits | 14,271,000 | 13,868,000 | 11,740,000 | 11,935,000 |
| Noninterest-bearing deposits | 3,770,000 | 4,169,000 | 4,870,000 | 5,222,000 |
| Equity capital | 2,047,000 | 1,940,000 | 2,297,000 | 2,255,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 147,000 | 317,000 | 476,000 | 663,000 |
| Interest expense | 13,000 | 27,000 | 41,000 | 54,000 |
| Net interest income | 134,000 | 290,000 | 435,000 | 609,000 |
| Noninterest income | 12,000 | 80,000 | 121,000 | 155,000 |
| Noninterest expense | 186,000 | 504,000 | 748,000 | 1,011,000 |
| Provision for loan losses | 277,000 | 284,000 | 980,000 | 980,000 |
| Pretax income | -317,000 | -418,000 | -1,172,000 | -1,227,000 |
| Income tax | -20,000 | -20,000 | -334,000 | -343,000 |
| Net income | -297,000 | -398,000 | -838,000 | -884,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,028,000 | 1,927,000 | 1,952,000 | 1,898,000 |
| Total capital | 2,133,000 | 2,037,000 | 2,064,000 | 2,029,000 |
| Risk-weighted assets | 9,643,000 | 8,841,000 | 9,912,000 | 10,489,000 |