Call reports 2021
GLOBAL INNOVATIONS BANK — 2021
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 33,612,000 | 32,673,000 | 32,893,000 | 34,650,000 |
| Total loans | 16,352,000 | 17,631,000 | 16,873,000 | 17,989,000 |
| Allowance for loan losses | 213,000 | 213,000 | 213,000 | 214,000 |
| Securities available for sale | 903,000 | 779,000 | 737,000 | 695,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,740,000 | 29,737,000 | 29,874,000 | 31,614,000 |
| Interest-bearing deposits | 17,006,000 | 17,758,000 | 17,083,000 | 24,504,000 |
| Noninterest-bearing deposits | 13,734,000 | 11,979,000 | 12,791,000 | 7,110,000 |
| Equity capital | 2,795,000 | 2,865,000 | 2,953,000 | 2,995,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 207,000 | 480,000 | 761,000 | 1,031,000 |
| Interest expense | 17,000 | 34,000 | 49,000 | 64,000 |
| Net interest income | 190,000 | 446,000 | 712,000 | 967,000 |
| Noninterest income | 82,000 | 190,000 | 273,000 | 378,000 |
| Noninterest expense | 259,000 | 524,000 | 756,000 | 1,057,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 23,000 | 121,000 | 244,000 | 308,000 |
| Income tax | 5,000 | 34,000 | 68,000 | 90,000 |
| Net income | 18,000 | 87,000 | 176,000 | 218,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,635,000 | 2,703,000 | 2,826,000 | 2,872,000 |
| Total capital | 2,820,000 | 2,888,000 | 3,020,000 | 3,071,000 |
| Risk-weighted assets | 14,768,000 | 14,761,000 | 15,531,000 | 15,917,000 |