Call reports 2017
COLFAX BANKING COMPANY — 2017
What COLFAX BANKING COMPANY reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 107,257,000 | 107,514,000 | 106,307,000 | 110,370,000 |
| Total loans | 51,337,000 | 50,934,000 | 52,068,000 | 52,794,000 |
| Allowance for loan losses | 251,000 | 249,000 | 249,000 | 249,000 |
| Securities available for sale | 45,584,000 | 46,765,000 | 45,920,000 | 43,769,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,772,000 | 97,083,000 | 95,634,000 | 100,512,000 |
| Interest-bearing deposits | 72,548,000 | 71,948,000 | 70,586,000 | 70,007,000 |
| Noninterest-bearing deposits | 25,224,000 | 25,135,000 | 25,048,000 | 30,505,000 |
| Equity capital | 9,267,000 | 10,131,000 | 10,290,000 | 9,659,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 994,000 | 2,015,000 | 3,029,000 | 4,056,000 |
| Interest expense | 76,000 | 156,000 | 237,000 | 318,000 |
| Net interest income | 918,000 | 1,859,000 | 2,792,000 | 3,738,000 |
| Noninterest income | 149,000 | 318,000 | 498,000 | 693,000 |
| Noninterest expense | 803,000 | 1,613,000 | 2,432,000 | 3,305,000 |
| Provision for loan losses | 7,000 | 7,000 | 7,000 | 7,000 |
| Pretax income | 362,000 | 662,000 | 960,000 | 1,228,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 362,000 | 662,000 | 960,000 | 1,228,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,892,000 | 10,110,000 | 10,326,000 | 10,105,000 |
| Total capital | 10,143,000 | 10,359,000 | 10,575,000 | 10,354,000 |
| Risk-weighted assets | 55,010,000 | 53,868,000 | 55,973,000 | 57,810,000 |