Call reports 2020
COLFAX BANKING COMPANY — 2020
What COLFAX BANKING COMPANY reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 116,121,000 | 128,781,000 | 131,925,000 | 138,743,000 |
| Total loans | 59,420,000 | 60,248,000 | 60,380,000 | 59,670,000 |
| Allowance for loan losses | 243,000 | 246,000 | 246,000 | 246,000 |
| Securities available for sale | 39,670,000 | 54,700,000 | 60,719,000 | 67,532,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,746,000 | 115,298,000 | 117,953,000 | 125,019,000 |
| Interest-bearing deposits | 76,065,000 | 82,514,000 | 80,921,000 | 81,328,000 |
| Noninterest-bearing deposits | 27,681,000 | 32,784,000 | 37,032,000 | 43,691,000 |
| Equity capital | 12,093,000 | 13,019,000 | 13,499,000 | 13,506,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,110,000 | 2,195,000 | 3,341,000 | 4,450,000 |
| Interest expense | 113,000 | 231,000 | 347,000 | 458,000 |
| Net interest income | 997,000 | 1,964,000 | 2,994,000 | 3,992,000 |
| Noninterest income | 162,000 | 353,000 | 573,000 | 1,004,000 |
| Noninterest expense | 858,000 | 1,719,000 | 2,597,000 | 3,645,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 332,000 | 629,000 | 1,001,000 | 1,424,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 332,000 | 629,000 | 1,001,000 | 1,424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,438,000 | 11,650,000 | 11,939,000 | 11,873,000 |