Call reports 2024
COLFAX BANKING COMPANY — 2024
What COLFAX BANKING COMPANY reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 153,605,000 | 147,302,000 | 143,710,000 | 150,328,000 |
| Total loans | 62,475,000 | 65,627,000 | 66,364,000 | 66,338,000 |
| Allowance for loan losses | 359,000 | 358,000 | 359,000 | 358,000 |
| Securities available for sale | 21,218,000 | 15,848,000 | 13,333,000 | 12,426,000 |
| Securities held to maturity | 44,691,000 | 44,344,000 | 43,973,000 | 43,650,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 142,679,000 | 135,869,000 | 131,333,000 | 138,125,000 |
| Interest-bearing deposits | 103,538,000 | 98,951,000 | 96,550,000 | 103,127,000 |
| Noninterest-bearing deposits | 39,141,000 | 36,918,000 | 34,783,000 | 34,998,000 |
| Equity capital | 10,481,000 | 10,957,000 | 11,751,000 | 11,814,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 1,681,000 | 3,339,000 | 4,971,000 | 6,609,000 |
| Interest expense | 372,000 | 714,000 | 1,070,000 | 1,442,000 |
| Net interest income | 1,309,000 | 2,625,000 | 3,901,000 | 5,167,000 |
| Noninterest income | 141,000 | 284,000 | 450,000 | 627,000 |
| Noninterest expense | 1,074,000 | 2,092,000 | 3,165,000 | 4,292,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 376,000 | 817,000 | 1,185,000 | 1,502,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 376,000 | 817,000 | 1,185,000 | 1,502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,333,000 | 15,690,000 | 15,977,000 | 16,211,000 |