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Call reports 2020

ABACUS FEDERAL SAVINGS BANK — 2020

What ABACUS FEDERAL SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.

PERIOD: 2020SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/81b0bc7f-da8c-4483-8e6e-27590b964489/2020

Balance sheet

What the bank holds and owes at quarter end

Measure2020Q12020Q22020Q32020Q4
Total assets346,061,000365,523,000359,791,000352,177,000
Total loans297,870,000297,072,000294,969,000287,859,000
Allowance for loan losses3,013,0003,063,0003,092,0003,324,000
Securities available for sale5,011,0005,040,0005,023,0005,004,000
Securities held to maturity0000
Trading assets0000
Total deposits297,736,000316,046,000309,628,000302,211,000
Interest-bearing deposits216,032,000224,871,000216,712,000211,792,000
Noninterest-bearing deposits81,704,00091,175,00092,916,00090,419,000
Equity capital47,027,00047,877,00048,538,00048,539,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2020Q12020Q22020Q32020Q4
Interest income3,584,0006,883,00010,314,00013,689,000
Interest expense866,0001,625,0002,317,0002,943,000
Net interest income2,718,0005,258,0007,997,00010,746,000
Noninterest income137,000900,0001,626,0002,688,000
Noninterest expense2,729,0004,878,0007,431,00011,061,000
Provision for loan losses20,00070,000100,000332,000
Pretax income106,0001,210,0002,092,0002,041,000
Income tax53,000314,000528,000466,000
Net income53,000896,0001,564,0001,575,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2020Q12020Q22020Q32020Q4
Tier 1 capital40,385,00041,226,00041,896,00041,820,000
Total capital42,976,00043,717,00044,366,00044,231,000
Risk-weighted assets199,875,000192,133,000190,422,000185,310,000

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