Call reports 2004
COLFAX BANKING COMPANY — 2004
What COLFAX BANKING COMPANY reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 58,885,000 | 58,800,000 | 57,948,000 | 57,146,000 |
| Total loans | 29,881,000 | 30,083,000 | 29,076,000 | 29,114,000 |
| Allowance for loan losses | 350,000 | 337,000 | 344,000 | 355,000 |
| Securities available for sale | 21,411,000 | 21,705,000 | 22,242,000 | 23,248,000 |
| Securities held to maturity | 665,000 | 565,000 | 565,000 | 565,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,510,000 | 53,892,000 | 52,615,000 | 52,056,000 |
| Interest-bearing deposits | 40,547,000 | 40,434,000 | 38,869,000 | 37,308,000 |
| Noninterest-bearing deposits | 12,963,000 | 13,458,000 | 13,746,000 | 14,748,000 |
| Equity capital | 5,210,000 | 4,683,000 | 5,078,000 | 4,997,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 761,000 | 1,516,000 | 2,293,000 | 3,062,000 |
| Interest expense | 162,000 | 318,000 | 470,000 | 621,000 |
| Net interest income | 599,000 | 1,198,000 | 1,823,000 | 2,441,000 |
| Noninterest income | 102,000 | 224,000 | 335,000 | 458,000 |
| Noninterest expense | 555,000 | 1,090,000 | 1,632,000 | 2,180,000 |
| Provision for loan losses | 23,000 | 41,000 | 51,000 | 60,000 |
| Pretax income | 168,000 | 341,000 | 525,000 | 710,000 |
| Income tax | 1,000 | 2,000 | 3,000 | 4,000 |
| Net income | 167,000 | 339,000 | 522,000 | 706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,037,000 | 5,054,000 | 5,151,000 | 5,159,000 |
| Total capital | 5,387,000 | 5,391,000 | 5,497,000 | 5,514,000 |
| Risk-weighted assets | 30,079,000 | 29,904,000 | 29,091,000 | 29,345,000 |