Call reports 2014
COLFAX BANKING COMPANY — 2014
What COLFAX BANKING COMPANY reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 89,198,000 | 92,664,000 | 91,799,000 | 93,858,000 |
| Total loans | 43,261,000 | 45,244,000 | 44,772,000 | 45,671,000 |
| Allowance for loan losses | 244,000 | 239,000 | 235,000 | 234,000 |
| Securities available for sale | 37,857,000 | 37,264,000 | 36,428,000 | 38,395,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,461,000 | 83,172,000 | 81,994,000 | 84,327,000 |
| Interest-bearing deposits | 58,191,000 | 62,211,000 | 59,472,000 | 58,857,000 |
| Noninterest-bearing deposits | 22,270,000 | 20,961,000 | 22,522,000 | 25,470,000 |
| Equity capital | 8,513,000 | 9,196,000 | 9,420,000 | 9,393,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 921,000 | 1,868,000 | 2,801,000 | 3,755,000 |
| Interest expense | 73,000 | 150,000 | 232,000 | 313,000 |
| Net interest income | 848,000 | 1,718,000 | 2,569,000 | 3,442,000 |
| Noninterest income | 126,000 | 287,000 | 434,000 | 561,000 |
| Noninterest expense | 755,000 | 1,528,000 | 2,295,000 | 3,096,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 218,000 | 530,000 | 778,000 | 1,102,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 218,000 | 530,000 | 778,000 | 1,102,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,710,000 | 8,939,000 | 9,105,000 | 8,963,000 |
| Total capital | 8,954,000 | 9,178,000 | 9,340,000 | 9,197,000 |
| Risk-weighted assets | 44,595,000 | 46,149,000 | 45,140,000 | 46,179,000 |