Abacus Federal Savings Bank: how it compares with its peers
Against 36 NY banks with half to twice its assets, Abacus Federal Savings Bank's strongest measure in Q2 2026 is net interest margin (4.50% vs. a 3.75% peer median). Its weakest relative measure is assets per employee ($4.5M vs. $7.1M).
| Measure | Abacus Federal Savings Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 0.27% | 0.80% | Bottom third Ahead of 17% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.50% | 3.75% | Top third Ahead of 86% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 91.76% | 68.05% | Bottom third Ahead of 6% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.5M | $7.1M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 93.85% | 85.84% | Context |
What it means for lending operations
Its efficiency ratio of 91.76% is above the 68.05% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Seneca Savings Bank, National Association Baldwinsville, NY · $312M
- Carthage Savings and Loan, National Association Carthage, NY · $312M
- Bank of Millbrook Millbrook, NY · $312M
- American Community Bank Glen Cove, NY · $307M
- Global Bank New York, NY · $304M
- The Upstate National Bank Ogdensburg, NY · $295M
Questions about Abacus Federal Savings Bank
How big is Abacus Federal Savings Bank?
Abacus Federal Savings Bank, established in 1984, is headquartered in New York, NY. It reported $321M in total assets in its Q2 2026 FDIC call report and operates 5 offices.
What is Abacus Federal Savings Bank's return on assets?
0.27% annualized in Q2 2026, against a 0.80% median for 36 NY banks with half to twice its assets, ahead of 17% of them.
What is Abacus Federal Savings Bank's efficiency ratio?
91.76% in Q2 2026: it spent about 92 cents in noninterest expense for each dollar of revenue. The peer median is 68.05%, and lower is better.
Is Abacus Federal Savings Bank growing its loans?
Net loans shrank 1.8% over the year to Q2 2026, while deposits shrank 2.9%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are NY banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every New York bank ranked.