Call reports 2007
COLFAX BANKING COMPANY — 2007
What COLFAX BANKING COMPANY reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 62,958,000 | 62,821,000 | 64,837,000 | 61,950,000 |
| Total loans | 37,503,000 | 38,668,000 | 39,813,000 | 39,040,000 |
| Allowance for loan losses | 374,000 | 381,000 | 391,000 | 338,000 |
| Securities available for sale | 17,427,000 | 17,921,000 | 17,429,000 | 16,897,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,873,000 | 56,677,000 | 56,512,000 | 54,365,000 |
| Interest-bearing deposits | 40,553,000 | 40,193,000 | 41,234,000 | 39,187,000 |
| Noninterest-bearing deposits | 16,320,000 | 16,484,000 | 15,278,000 | 15,178,000 |
| Equity capital | 5,219,000 | 5,196,000 | 5,793,000 | 5,917,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 917,000 | 1,867,000 | 2,862,000 | 3,835,000 |
| Interest expense | 354,000 | 705,000 | 1,068,000 | 1,424,000 |
| Net interest income | 563,000 | 1,162,000 | 1,794,000 | 2,411,000 |
| Noninterest income | 138,000 | 271,000 | 771,000 | 929,000 |
| Noninterest expense | 559,000 | 1,136,000 | 1,714,000 | 2,299,000 |
| Provision for loan losses | 4,000 | 11,000 | 22,000 | 28,000 |
| Pretax income | 138,000 | 286,000 | 829,000 | 1,013,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 138,000 | 286,000 | 829,000 | 1,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,494,000 | 5,477,000 | 5,938,000 | 5,957,000 |
| Total capital | 5,868,000 | 5,858,000 | 6,329,000 | 6,295,000 |
| Risk-weighted assets | 36,510,000 | 37,215,000 | 38,856,000 | 37,612,000 |