Abacus Federal Savings Bank

Abacus Federal Savings Bank is headquartered in New York and is the 107^th largest bank in the state of New York. It is also the 2,500^th largest bank in the nation. It was established in 1984 and as of December of 2012, it had grown to 112 employees at 6 locations. Abacus Federal Savings Bank has a 5-star health rating.

Abacus Federal Savings Bank Routing Number: 226072870

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Data for Q4 2012

Institution Statistics Abacus Federal Savings Bank OTS # 08059 FDIC Certificate # 32257 BankRate Report View Year Established 1984 Employees 112 Primary Regulator OCC Assets and Liabilities Assets $258.56 million Loans $153.66 million Deposits $204.86 million Equity Capital $39.36 million Loan Loss Allowance $2.08 million Unbacked Noncurrent Loans $2.87 million Real Estate Owned $242,000 Historic Data - December 2011 Assets $233.26 million Equity Capital $39.91 million Loan Loss Allowance $1.42 million Unbacked Noncurrent Loans $2.11 million Real Estate Owned $576,000 Profit Margin - Quarterly Net Interest Margin 3.27% Return on Assets -0.34% Return on Equity -2.19% Interest Income $8.39 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Abacus Federal Savings Bank had $3.11 million in non-current loans and owned real-estate with $41.44 million in equity and loan loss allowances on hand to cover it. This gives Abacus Federal Savings Bank a Texas Ratio of 7.51% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Abacus Federal Savings Bank held steady from 6.49% as of December 31, 2011 to 7.51% as of December 31, 2012, resulting in a negative change of 15.75%. This indicates that the balance sheet and financial strength for Abacus Federal Savings Bank has held steady in recent periods. Deposit Growth In the past year, Abacus Federal Savings Bank has increased its total deposits by $32.2 million, resulting in 18.65% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Abacus Federal Savings Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Abacus Federal Savings Bank has $258.56 million in assets with $41.44 million in equity, resulting in a capitalization level of 16.03%, which is excellent.

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