Abacus Federal Savings Bank

New York, NY
IDRSSD: 762773
Total Assets
$316.09M
Latest filing
Total Deposits
$254.32M
Latest filing
Net Interest Margin
4.51%
Profitability

Key People

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Locations

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Main Office
Abacus Federal Savings Bank
6 Bowery
New York, NY 10013
Full Service - Brick and Mortar
Updated 01/30/2026Established 11/29/1984FDIC Certificate 45091

Branches (4)

Page 1 of 1
NameAddressCity / State
Abacus Federal Savings Bank (Main)6 BoweryNew York, NY
BROOKLYN BRANCH4824 8th AveBrooklyn, NY
EDISON BRANCH869 U.S. Route 1 SouthEdison, NJ
FLUSHING BRANCH3630 Main StFlushing, NY
PHILADELPHIA BRANCH147 N 10th St # 151Philadelphia, PA
Showing 4 of 4

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassFederal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS
Primary RegulatorOCC
Established Date11/29/1984
Community BankYes
Ownership TypeNot Mutual
ZIP10013
State and County Number36061
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number02
Numeric code33
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameNew York-Newark-Jersey City, NY-NJ-PA

Operational Info

Number of Employees74
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.abacusbank.com
Data Updated01/30/2026
CERT32257
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$316.09M
Total Deposits$254.32M
Total Liabilities$259.32M
Total Equity Capital$56.77M
Net Income$145.00k
Net Loans and Leases$250.69M
Assets Per Employee ($Millions)$4.52M
Bank Premises and Fixed Assets$7.62M
Cash and Balances due from Depository Institutions$49.58M
Deposits Held in Domestic Offices$254.32M

Key Performance Ratios

Return on Assets (ROA)0.18%
Return on Equity (ROE)1.02%
Net Interest Margin4.51%
Efficiency Ratio92.42%
Tier 1 Risk-Based Capital Ratio32.444%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets17.96%
Earning Assets to total Assets94.19%

Income and Expense

Total Interest Income$4.44M
Total Noninterest Income$499.00k
Total Interest Expense$1.02M
Total Noninterest Expense$3.62M
Net Interest Income$3.42M
Pre-tax Net Operating Income$297.00k
Provision for Credit Losses$0
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$192.00k
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.99M
Total Liabilities and Capital$316.09M

Securities

Securities$0
Available-for-sale debt securities$0
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Abacus Federal Savings Bank?
$316.09M as of the latest filing.
How much are Abacus Federal Savings Bank's total deposits?
$254.32M in total deposits.
Where is Abacus Federal Savings Bank located?
New York, NY.
What is the Net Interest Margin?
4.51%.
How many domestic offices does it operate?
5.
When was it established?
11/29/1984.
What is the Return on Assets (ROA)?
0.18%.
How much are total loans and leases?
$250.69M (latest filing).
What is the total interest income (latest filing)?
$4.44M.