Call reports 2022
GLOBAL INNOVATIONS BANK — 2022
What GLOBAL INNOVATIONS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 35,090,000 | 44,138,000 | 46,875,000 | 53,015,000 |
| Total loans | 17,234,000 | 18,131,000 | 17,443,000 | 17,688,000 |
| Allowance for loan losses | 217,000 | 279,000 | 280,000 | 281,000 |
| Securities available for sale | 1,838,000 | 1,795,000 | 1,746,000 | 1,752,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,050,000 | 41,149,000 | 43,544,000 | 49,445,000 |
| Interest-bearing deposits | 26,187,000 | 31,967,000 | 33,498,000 | 38,047,000 |
| Noninterest-bearing deposits | 5,863,000 | 9,182,000 | 10,046,000 | 11,398,000 |
| Equity capital | 2,998,000 | 2,948,000 | 3,256,000 | 3,472,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 216,000 | 450,000 | 698,000 | 961,000 |
| Interest expense | 14,000 | 31,000 | 57,000 | 92,000 |
| Net interest income | 202,000 | 419,000 | 641,000 | 869,000 |
| Noninterest income | 66,000 | 140,000 | 776,000 | 1,426,000 |
| Noninterest expense | 209,000 | 540,000 | 937,000 | 1,598,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 54,000 | 8,000 | 470,000 | 691,000 |
| Income tax | 14,000 | 1,000 | 132,000 | 159,000 |
| Net income | 40,000 | 7,000 | 338,000 | 532,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,915,000 | 2,881,000 | 3,314,000 | 3,528,000 |
| Total capital | 3,112,000 | 3,086,000 | 3,521,000 | 3,746,000 |
| Risk-weighted assets | 15,731,000 | 16,330,000 | 16,516,000 | 17,353,000 |