Call reports 2019
ABACUS FEDERAL SAVINGS BANK — 2019
What ABACUS FEDERAL SAVINGS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 348,956,000 | 341,795,000 | 335,290,000 | 353,374,000 |
| Total loans | 284,167,000 | 285,027,000 | 290,044,000 | 297,086,000 |
| Allowance for loan losses | 2,872,000 | 2,888,000 | 2,941,000 | 2,993,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 302,012,000 | 294,342,000 | 287,606,000 | 304,861,000 |
| Interest-bearing deposits | 227,110,000 | 218,793,000 | 207,195,000 | 218,790,000 |
| Noninterest-bearing deposits | 74,902,000 | 75,549,000 | 80,411,000 | 86,071,000 |
| Equity capital | 45,353,000 | 45,922,000 | 46,170,000 | 47,000,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,603,000 | 7,204,000 | 10,763,000 | 14,392,000 |
| Interest expense | 814,000 | 1,694,000 | 2,569,000 | 3,482,000 |
| Net interest income | 2,789,000 | 5,510,000 | 8,194,000 | 10,910,000 |
| Noninterest income | 418,000 | 906,000 | 1,255,000 | 1,884,000 |
| Noninterest expense | 2,657,000 | 5,083,000 | 7,709,000 | 10,029,000 |
| Provision for loan losses | -33,000 | -8,000 | 45,000 | 97,000 |
| Pretax income | 583,000 | 1,341,000 | 1,695,000 | 2,668,000 |
| Income tax | 158,000 | 347,000 | 453,000 | 636,000 |
| Net income | 425,000 | 994,000 | 1,242,000 | 2,032,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,078,000 | 40,446,000 | 40,694,000 | 40,331,000 |
| Total capital | 42,430,000 | 42,804,000 | 43,078,000 | 42,742,000 |
| Risk-weighted assets | 182,434,000 | 182,685,000 | 184,747,000 | 185,674,000 |