Call reports 2019
GLOBAL INNOVATIONS BANK — 2019
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 18,651,000 | 19,066,000 | 20,424,000 | 23,737,000 |
| Total loans | 10,222,000 | 11,810,000 | 12,139,000 | 13,820,000 |
| Allowance for loan losses | 121,000 | 123,000 | 125,000 | 129,000 |
| Securities available for sale | 258,000 | 259,000 | 258,000 | 257,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 16,256,000 | 16,631,000 | 17,913,000 | 21,179,000 |
| Interest-bearing deposits | 11,688,000 | 11,432,000 | 11,262,000 | 11,977,000 |
| Noninterest-bearing deposits | 4,568,000 | 5,199,000 | 6,651,000 | 9,202,000 |
| Equity capital | 2,304,000 | 2,343,000 | 2,416,000 | 2,477,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 178,000 | 373,000 | 586,000 | 798,000 |
| Interest expense | 14,000 | 28,000 | 45,000 | 61,000 |
| Net interest income | 164,000 | 345,000 | 541,000 | 737,000 |
| Noninterest income | 179,000 | 355,000 | 435,000 | 495,000 |
| Noninterest expense | 293,000 | 599,000 | 775,000 | 993,000 |
| Provision for loan losses | 13,000 | 13,000 | 14,000 | 18,000 |
| Pretax income | 37,000 | 88,000 | 187,000 | 252,000 |
| Income tax | -8,000 | 7,000 | 36,000 | 42,000 |
| Net income | 45,000 | 81,000 | 151,000 | 210,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,936,000 | 1,987,000 | 2,085,000 | 2,141,000 |
| Total capital | 2,057,000 | 2,110,000 | 2,210,000 | 2,270,000 |
| Risk-weighted assets | 10,355,000 | 11,084,000 | 11,845,000 | 13,321,000 |