Call reports 2015
ABACUS FEDERAL SAVINGS BANK — 2015
What ABACUS FEDERAL SAVINGS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 232,004,000 | 224,686,000 | 233,095,000 | 241,431,000 |
| Total loans | 137,568,000 | 139,355,000 | 170,013,000 | 178,533,000 |
| Allowance for loan losses | 1,687,000 | 1,687,000 | 1,885,000 | 1,885,000 |
| Securities available for sale | 55,303,000 | 47,162,000 | 36,596,000 | 31,270,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,180,000 | 190,922,000 | 190,199,000 | 197,991,000 |
| Interest-bearing deposits | 132,068,000 | 132,009,000 | 135,531,000 | 140,727,000 |
| Noninterest-bearing deposits | 57,112,000 | 58,913,000 | 54,668,000 | 57,264,000 |
| Equity capital | 35,416,000 | 32,356,000 | 30,393,000 | 42,060,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,721,000 | 3,386,000 | 5,068,000 | 6,980,000 |
| Interest expense | 181,000 | 314,000 | 439,000 | 586,000 |
| Net interest income | 1,540,000 | 3,072,000 | 4,629,000 | 6,394,000 |
| Noninterest income | 776,000 | 1,445,000 | 1,675,000 | 16,413,000 |
| Noninterest expense | 3,135,000 | 8,369,000 | 11,939,000 | 14,308,000 |
| Provision for loan losses | 0 | 0 | 198,000 | 198,000 |
| Pretax income | -819,000 | -3,852,000 | -5,833,000 | 8,301,000 |
| Income tax | -389,000 | -381,000 | -381,000 | 2,076,000 |
| Net income | -430,000 | -3,471,000 | -5,452,000 | 6,225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,590,000 | 30,549,000 | 28,568,000 | 41,101,000 |
| Total capital | 35,237,000 | 32,149,000 | 30,363,000 | 42,869,000 |
| Risk-weighted assets | 130,639,000 | 126,789,000 | 142,459,000 | 140,741,000 |