Call reports 2003
COLFAX BANKING COMPANY — 2003
What COLFAX BANKING COMPANY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 54,015,000 | 53,169,000 | 54,586,000 | 58,983,000 |
| Total loans | 28,125,000 | 28,874,000 | 29,341,000 | 30,008,000 |
| Allowance for loan losses | 336,000 | 343,000 | 363,000 | 346,000 |
| Securities available for sale | 16,003,000 | 15,329,000 | 16,537,000 | 17,948,000 |
| Securities held to maturity | 503,000 | 802,000 | 802,000 | 801,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,812,000 | 47,745,000 | 49,345,000 | 53,955,000 |
| Interest-bearing deposits | 37,499,000 | 35,836,000 | 36,126,000 | 36,779,000 |
| Noninterest-bearing deposits | 11,313,000 | 11,909,000 | 13,219,000 | 17,176,000 |
| Equity capital | 5,047,000 | 5,213,000 | 4,977,000 | 4,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 775,000 | 1,521,000 | 2,232,000 | 2,985,000 |
| Interest expense | 195,000 | 374,000 | 542,000 | 695,000 |
| Net interest income | 580,000 | 1,147,000 | 1,690,000 | 2,290,000 |
| Noninterest income | 117,000 | 316,000 | 442,000 | 545,000 |
| Noninterest expense | 490,000 | 1,008,000 | 1,524,000 | 2,063,000 |
| Provision for loan losses | 5,000 | 16,000 | 36,000 | 52,000 |
| Pretax income | 202,000 | 488,000 | 724,000 | 872,000 |
| Income tax | 0 | 0 | 0 | 4,000 |
| Net income | 202,000 | 488,000 | 724,000 | 868,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,730,000 | 4,917,000 | 4,937,000 | 4,870,000 |
| Total capital | 5,066,000 | 5,260,000 | 5,300,000 | 5,216,000 |
| Risk-weighted assets | 29,762,000 | 29,763,000 | 30,643,000 | 30,144,000 |