Call reports 2016
COLFAX BANKING COMPANY — 2016
What COLFAX BANKING COMPANY reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 102,542,000 | 102,605,000 | 103,383,000 | 103,595,000 |
| Total loans | 47,149,000 | 46,156,000 | 47,041,000 | 51,367,000 |
| Allowance for loan losses | 222,000 | 217,000 | 220,000 | 245,000 |
| Securities available for sale | 46,946,000 | 48,144,000 | 48,017,000 | 44,114,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,221,000 | 91,477,000 | 92,271,000 | 94,777,000 |
| Interest-bearing deposits | 67,093,000 | 67,853,000 | 68,689,000 | 67,974,000 |
| Noninterest-bearing deposits | 25,128,000 | 23,624,000 | 23,582,000 | 26,803,000 |
| Equity capital | 10,089,000 | 10,781,000 | 10,734,000 | 8,653,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 960,000 | 1,922,000 | 2,849,000 | 3,814,000 |
| Interest expense | 72,000 | 145,000 | 220,000 | 295,000 |
| Net interest income | 888,000 | 1,777,000 | 2,629,000 | 3,519,000 |
| Noninterest income | 137,000 | 257,000 | 413,000 | 563,000 |
| Noninterest expense | 773,000 | 1,564,000 | 2,351,000 | 3,210,000 |
| Provision for loan losses | 0 | 1,000 | 4,000 | 29,000 |
| Pretax income | 277,000 | 524,000 | 772,000 | 1,048,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 277,000 | 524,000 | 772,000 | 1,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,416,000 | 9,582,000 | 9,745,000 | 9,614,000 |
| Total capital | 9,638,000 | 9,799,000 | 9,965,000 | 9,859,000 |
| Risk-weighted assets | 47,410,000 | 46,864,000 | 48,237,000 | 51,833,000 |