Call reports 2012
ABACUS FEDERAL SAVINGS BANK — 2012
What ABACUS FEDERAL SAVINGS BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 249,054,000 | 262,907,000 | 272,015,000 | 258,561,000 |
| Total loans | 124,767,000 | 147,453,000 | 159,631,000 | 155,739,000 |
| Allowance for loan losses | 1,509,000 | 1,557,000 | 1,919,000 | 2,081,000 |
| Securities available for sale | 88,400,000 | 68,962,000 | 49,690,000 | 55,335,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 182,325,000 | 208,209,000 | 217,655,000 | 204,857,000 |
| Interest-bearing deposits | 127,577,000 | 149,896,000 | 158,940,000 | 145,572,000 |
| Noninterest-bearing deposits | 54,748,000 | 58,313,000 | 58,715,000 | 59,285,000 |
| Equity capital | 39,983,000 | 39,940,000 | 39,625,000 | 39,364,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,040,000 | 4,099,000 | 6,314,000 | 8,388,000 |
| Interest expense | 175,000 | 385,000 | 601,000 | 838,000 |
| Net interest income | 1,865,000 | 3,714,000 | 5,713,000 | 7,550,000 |
| Noninterest income | 988,000 | 2,526,000 | 3,467,000 | 5,010,000 |
| Noninterest expense | 3,330,000 | 6,802,000 | 9,978,000 | 13,541,000 |
| Provision for loan losses | 93,000 | 143,000 | 507,000 | 798,000 |
| Pretax income | -570,000 | -705,000 | -1,305,000 | -1,779,000 |
| Income tax | -303,000 | -395,000 | -682,000 | -908,000 |
| Net income | -267,000 | -310,000 | -623,000 | -871,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,496,000 | 38,410,000 | 38,125,000 | 38,072,000 |
| Total capital | 37,680,000 | 36,647,000 | 36,730,000 | 36,715,000 |
| Risk-weighted assets | 142,489,000 | 153,947,000 | 157,491,000 | 155,980,000 |