Call reports 2002
COLFAX BANKING COMPANY — 2002
What COLFAX BANKING COMPANY reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 60,303,000 | 54,453,000 | 54,597,000 | 53,731,000 |
| Total loans | 28,594,000 | 28,816,000 | 29,707,000 | 29,328,000 |
| Allowance for loan losses | 299,000 | 322,000 | 335,000 | 333,000 |
| Securities available for sale | 15,437,000 | 16,583,000 | 14,844,000 | 15,929,000 |
| Securities held to maturity | 507,000 | 507,000 | 505,000 | 504,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,740,000 | 49,410,000 | 49,310,000 | 48,674,000 |
| Interest-bearing deposits | 38,580,000 | 36,756,000 | 36,585,000 | 36,752,000 |
| Noninterest-bearing deposits | 17,160,000 | 12,654,000 | 12,725,000 | 11,922,000 |
| Equity capital | 4,300,000 | 4,742,000 | 4,973,000 | 4,875,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 863,000 | 1,749,000 | 2,618,000 | 3,457,000 |
| Interest expense | 313,000 | 580,000 | 821,000 | 1,035,000 |
| Net interest income | 550,000 | 1,169,000 | 1,797,000 | 2,422,000 |
| Noninterest income | 114,000 | 228,000 | 341,000 | 482,000 |
| Noninterest expense | 464,000 | 953,000 | 1,458,000 | 1,962,000 |
| Provision for loan losses | 8,000 | 34,000 | 48,000 | 64,000 |
| Pretax income | 192,000 | 410,000 | 654,000 | 883,000 |
| Income tax | 0 | 0 | 0 | 4,000 |
| Net income | 192,000 | 410,000 | 654,000 | 879,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,367,000 | 4,497,000 | 4,631,000 | 4,529,000 |
| Total capital | 4,666,000 | 4,819,000 | 4,966,000 | 4,862,000 |
| Risk-weighted assets | 29,556,000 | 29,911,000 | 30,516,000 | 30,328,000 |