“Everything we've done with ACBB and BITS has been done professionally. They've been a very big resource since our bank's inception. We are extremely pleased with all of the services ACBB offers, from loan participations to its escrow program.

ACBB and BITS were a big part of the bank's opening and continue to be partners for our ongoing operations.”

Doug Manditch
Chairman & CEO
Empire National Bank

Financial Highlights

ACBB'S Financial Information

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Financial Highlights - December 31, 2014 (Unaudited)

Net Income
$4,130,000
Total Assets
$567,267,408
Required Regulation F Information
 
Leverage Ratio
12.23%
Tier 1 Risk Based Capital Ratio
26.07%
Total Risk Based Capital Ratio
27.36%
Risk Based Assets to Capital Status-See Note Below
Well Capitalized
Loan Loss Reserve to NonPerforming Loans (inc. TDRs)
125.84%
Loan Loss Reserve to NonPerforming Assets
113.28%
Loan Loss Reserve to Total Loans
4.68%
NonPerforming Assets to Total Assets
1.52%
Loans 30 Days and Over Past Due and Accruing to Total Loans
0.44%

 

Additional Information for Correspondent Guidance

Ratio Trend Lines 12/31/14* 9/30/14* 6/30/14* 3/31/14* 12/31/13 9/30/13
Tier 1 Leverage 12.23% 12.67% 12.11% 12.10% 11.48% 10.99%
Tier 1 Risk Based Capital 26.07% 26.16% 25.16% 25.57% 24.83% 24.06%
Total Risk Based Capital 27.36% 27.44% 26.44% 26.85% 26.12% 25.35%
NPAs to Total Assets 1.52% 1.57% 1.86% 1.41% 1.53% 1.32%
Loan Loss Reserve to Total Loans 4.68% 4.64% 4.82% 5.17% 5.34% 5.93%
Texas Ratio 10.64% 10.56% 12.03% 10.21% 10.91% 9.65%
Return on Average Assets 0.75% 0.77% 0.81% .98% 0.60% 0.54%
Return on Average Equity 6.18% 6.33% 6.75% 8.19% 5.42% 4.84%

 *2014 numbers are unaudited

Thomson Reuters Peer Group Rating - September 30, 2014

68/B+

 

Note: Per Regulation F, a bank is considered adequately capitalized if:

  1. Its leverage ratio is 4% or greater,
  2. Its Tier 1 Risk Based Capital Ratio is 4% or greater; and
  3. Its Total Risk Based Capital Ratio is 8% or greater.