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 Abacus Federal Savings Bank
Abacus Federal Savings Bank
| RSSD ID 762773 | CERTIFICATE 32257 | ABA NUMBER 226072870 |
| 6 Bowery |
Quarter Ended : |
2025-03-31 |
| New York, New York, 10013 |
Updated : |
2025-04-29 |
| www.abacusbank.com |
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| Institution Profile |
| Year Opened : |
1984 |
Institution Type : |
Savings bank |
| Entity Type : |
Federal |
Federal Regulator : |
OCC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Mortgage Lending Specialization |
| Number of Offices : |
5 |
Number of Employees : |
71 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 325,440 |
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Total Interest Income | 4,353 |
| Total Liabilities | 269,471 |
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Total NonInterest Income | 335 |
| Total Bank Equity Capital | 55,969 |
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Total Interest Expense | 1,049 |
| Total Deposits | 263,557 |
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Total NonInterest Expense | 3,097 |
| Net Loans & Leases | 249,122 |
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Net Income | 382 |
| Loan Loss Allowance | 2,989 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 52,498 |
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Total loans | 255,485 |
| Total assets for the leverage ratio | 316,945 |
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Loans secured by real estate: | 244,213 |
| Tier 1 Leverage Ratio | 15.91 |
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Commercial and industrial loans | 9 |
| Tier 1 Capital Ratio | 31.88 |
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Loans to individuals - Credit Cards | 75 |
| Total Capital Ratio | 33.19 |
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Loans to individuals - Other | 3 |
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:· Abacus Federal Savings Bank
