Call reports 2023
COLFAX BANKING COMPANY — 2023
What COLFAX BANKING COMPANY reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 148,058,000 | 139,199,000 | 139,254,000 | 142,835,000 |
| Total loans | 58,822,000 | 60,632,000 | 62,319,000 | 61,791,000 |
| Allowance for loan losses | 376,000 | 378,000 | 369,000 | 359,000 |
| Securities available for sale | 23,835,000 | 20,476,000 | 6,961,000 | 12,741,000 |
| Securities held to maturity | 45,967,000 | 45,606,000 | 45,233,000 | 44,941,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,024,000 | 129,881,000 | 129,182,000 | 131,868,000 |
| Interest-bearing deposits | 100,533,000 | 92,904,000 | 91,334,000 | 93,338,000 |
| Noninterest-bearing deposits | 38,491,000 | 36,977,000 | 37,848,000 | 38,530,000 |
| Equity capital | 8,721,000 | 8,883,000 | 9,483,000 | 10,598,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 1,363,000 | 2,748,000 | 4,120,000 | 5,580,000 |
| Interest expense | 137,000 | 339,000 | 582,000 | 833,000 |
| Net interest income | 1,226,000 | 2,409,000 | 3,538,000 | 4,747,000 |
| Noninterest income | 158,000 | 303,000 | 1,511,000 | 1,657,000 |
| Noninterest expense | 1,041,000 | 2,041,000 | 3,093,000 | 4,141,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 343,000 | 662,000 | 1,055,000 | 1,362,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 343,000 | 662,000 | 1,055,000 | 1,362,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,636,000 | 14,870,000 | 15,182,000 | 15,488,000 |