Call reports 2022
ABACUS FEDERAL SAVINGS BANK — 2022
What ABACUS FEDERAL SAVINGS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 327,715,000 | 333,296,000 | 325,884,000 | 310,557,000 |
| Total loans | 240,874,000 | 238,388,000 | 238,538,000 | 251,005,000 |
| Allowance for loan losses | 2,999,000 | 2,999,000 | 2,955,000 | 2,955,000 |
| Securities available for sale | 0 | 6,647,000 | 6,571,000 | 6,572,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 273,190,000 | 278,721,000 | 270,952,000 | 255,412,000 |
| Interest-bearing deposits | 162,377,000 | 180,340,000 | 169,532,000 | 164,037,000 |
| Noninterest-bearing deposits | 110,813,000 | 98,381,000 | 101,420,000 | 91,375,000 |
| Equity capital | 50,961,000 | 51,150,000 | 51,458,000 | 51,799,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,758,000 | 5,595,000 | 8,777,000 | 12,303,000 |
| Interest expense | 207,000 | 382,000 | 573,000 | 792,000 |
| Net interest income | 2,551,000 | 5,213,000 | 8,204,000 | 11,511,000 |
| Noninterest income | 812,000 | 1,486,000 | 2,091,000 | 2,412,000 |
| Noninterest expense | 2,748,000 | 5,753,000 | 8,829,000 | 12,019,000 |
| Provision for loan losses | -19,000 | 0 | 0 | 0 |
| Pretax income | 634,000 | 946,000 | 1,466,000 | 1,904,000 |
| Income tax | 191,000 | 314,000 | 481,000 | 594,000 |
| Net income | 443,000 | 632,000 | 985,000 | 1,310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,150,000 | 45,501,000 | 46,069,000 | 46,389,000 |
| Total capital | 47,192,000 | 47,514,000 | 48,142,000 | 48,533,000 |
| Risk-weighted assets | 156,635,000 | 154,463,000 | 159,563,000 | 165,344,000 |