Call reports 2010
COLFAX BANKING COMPANY — 2010
What COLFAX BANKING COMPANY reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 84,854,000 | 84,897,000 | 81,374,000 | 78,493,000 |
| Total loans | 36,307,000 | 36,806,000 | 37,009,000 | 37,952,000 |
| Allowance for loan losses | 180,000 | 206,000 | 218,000 | 225,000 |
| Securities available for sale | 33,821,000 | 32,483,000 | 30,250,000 | 29,792,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,991,000 | 76,469,000 | 72,478,000 | 70,703,000 |
| Interest-bearing deposits | 62,326,000 | 61,401,000 | 57,767,000 | 55,919,000 |
| Noninterest-bearing deposits | 14,665,000 | 15,068,000 | 14,711,000 | 14,784,000 |
| Equity capital | 7,531,000 | 8,088,000 | 8,505,000 | 7,337,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,061,000 | 2,130,000 | 3,203,000 | 4,243,000 |
| Interest expense | 258,000 | 492,000 | 698,000 | 885,000 |
| Net interest income | 803,000 | 1,638,000 | 2,505,000 | 3,358,000 |
| Noninterest income | 136,000 | 264,000 | 465,000 | 638,000 |
| Noninterest expense | 686,000 | 1,366,000 | 2,069,000 | 2,804,000 |
| Provision for loan losses | 12,000 | 42,000 | 57,000 | 67,000 |
| Pretax income | 241,000 | 522,000 | 872,000 | 1,167,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 241,000 | 522,000 | 872,000 | 1,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,816,000 | 7,015,000 | 7,283,000 | 7,205,000 |
| Total capital | 6,996,000 | 7,221,000 | 7,501,000 | 7,430,000 |
| Risk-weighted assets | 38,833,000 | 39,289,000 | 39,014,000 | 39,619,000 |