Call reports 2017
ABACUS FEDERAL SAVINGS BANK — 2017
What ABACUS FEDERAL SAVINGS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 248,967,000 | 267,573,000 | 298,406,000 | 303,293,000 |
| Total loans | 203,680,000 | 221,487,000 | 239,192,000 | 258,732,000 |
| Allowance for loan losses | 2,104,000 | 2,228,000 | 2,414,000 | 2,604,000 |
| Securities available for sale | 0 | 0 | 8,309,000 | 7,177,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,779,000 | 223,345,000 | 253,217,000 | 258,522,000 |
| Interest-bearing deposits | 135,792,000 | 149,848,000 | 178,687,000 | 181,248,000 |
| Noninterest-bearing deposits | 67,987,000 | 73,497,000 | 74,530,000 | 77,274,000 |
| Equity capital | 42,762,000 | 42,849,000 | 43,267,000 | 43,151,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,126,000 | 4,378,000 | 6,957,000 | 9,871,000 |
| Interest expense | 190,000 | 408,000 | 749,000 | 1,163,000 |
| Net interest income | 1,936,000 | 3,970,000 | 6,208,000 | 8,708,000 |
| Noninterest income | 653,000 | 1,309,000 | 2,297,000 | 2,675,000 |
| Noninterest expense | 2,299,000 | 4,688,000 | 7,045,000 | 9,619,000 |
| Provision for loan losses | 49,000 | 173,000 | 359,000 | 550,000 |
| Pretax income | 241,000 | 418,000 | 1,101,000 | 1,214,000 |
| Income tax | 112,000 | 202,000 | 464,000 | 680,000 |
| Net income | 129,000 | 216,000 | 637,000 | 534,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,141,000 | 37,825,000 | 37,648,000 | 37,691,000 |
| Total capital | 40,115,000 | 39,939,000 | 39,867,000 | 40,007,000 |
| Risk-weighted assets | 153,194,000 | 164,033,000 | 171,736,000 | 179,583,000 |