Call reports 2021
COLFAX BANKING COMPANY — 2021
What COLFAX BANKING COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 145,425,000 | 157,923,000 | 163,377,000 | 164,266,000 |
| Total loans | 61,499,000 | 61,021,000 | 63,527,000 | 62,014,000 |
| Allowance for loan losses | 246,000 | 247,000 | 398,000 | 398,000 |
| Securities available for sale | 70,136,000 | 79,977,000 | 79,113,000 | 80,328,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 132,313,000 | 134,035,000 | 137,600,000 | 139,895,000 |
| Interest-bearing deposits | 86,444,000 | 93,544,000 | 100,728,000 | 97,842,000 |
| Noninterest-bearing deposits | 45,869,000 | 40,491,000 | 36,872,000 | 42,053,000 |
| Equity capital | 12,803,000 | 13,481,000 | 15,286,000 | 14,154,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 1,106,000 | 2,311,000 | 3,535,000 | 4,760,000 |
| Interest expense | 98,000 | 189,000 | 282,000 | 375,000 |
| Net interest income | 1,008,000 | 2,122,000 | 3,253,000 | 4,385,000 |
| Noninterest income | 205,000 | 358,000 | 2,406,000 | 2,635,000 |
| Noninterest expense | 916,000 | 1,857,000 | 2,836,000 | 3,941,000 |
| Provision for loan losses | 0 | 0 | 164,000 | 164,000 |
| Pretax income | 390,000 | 716,000 | 2,789,000 | 3,045,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 390,000 | 716,000 | 2,789,000 | 3,045,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,179,000 | 12,424,000 | 14,414,000 | 13,728,000 |