Call reports 2022
COLFAX BANKING COMPANY — 2022
What COLFAX BANKING COMPANY reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 151,505,000 | 153,110,000 | 145,661,000 | 151,459,000 |
| Total loans | 59,746,000 | 57,316,000 | 59,843,000 | 60,182,000 |
| Allowance for loan losses | 398,000 | 386,000 | 387,000 | 383,000 |
| Securities available for sale | 70,519,000 | 20,728,000 | 20,191,000 | 21,222,000 |
| Securities held to maturity | 0 | 46,760,000 | 46,587,000 | 46,208,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 143,250,000 | 144,997,000 | 137,656,000 | 143,190,000 |
| Interest-bearing deposits | 101,214,000 | 102,503,000 | 100,474,000 | 105,597,000 |
| Noninterest-bearing deposits | 42,036,000 | 42,494,000 | 37,182,000 | 37,593,000 |
| Equity capital | 7,975,000 | 7,685,000 | 7,530,000 | 8,056,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 1,198,000 | 2,369,000 | 3,587,000 | 4,887,000 |
| Interest expense | 89,000 | 176,000 | 268,000 | 373,000 |
| Net interest income | 1,109,000 | 2,193,000 | 3,319,000 | 4,514,000 |
| Noninterest income | 224,000 | 585,000 | 782,000 | 962,000 |
| Noninterest expense | 1,005,000 | 2,044,000 | 3,049,000 | 4,178,000 |
| Provision for loan losses | 3,000 | 3,000 | 3,000 | 3,000 |
| Pretax income | 415,000 | 821,000 | 1,141,000 | 1,387,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 415,000 | 821,000 | 1,141,000 | 1,387,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,062,000 | 14,381,000 | 14,618,000 | 14,375,000 |