“SIS found itself in need of a new correspondent bank. Within two weeks, ACBB had us up and running. The staff went above and beyond to make this happen in a timely manner. Help was only a phone call away in our first cash orders and walking us through an international wire. It's great to call and talk to a person, not an automated phone system.”

Arline Hartley
AVP
Sanford Institution for Savings

Financial Highlights

ACBB'S Financial Information

Document Links

Financial Highlights - December 31, 2013 (Unaudited)

Net Income
$3,507,167
Total Assets
$544,077,364
Required Regulation F Information
 
Leverage Ratio
11.49%
Tier 1 Risk Based Capital Ratio
24.84%
Total Risk Based Capital Ratio
26.13%
Risk Based Assets to Capital Status-See Note Below
Well Capitalized
Loan Loss Reserve to NonPerforming Loans (inc. TDRs)
184.75%
Loan Loss Reserve to NonPerforming Assets
126.94%
Loan Loss Reserve to Total Loans
5.34%
NonPerforming Assets to Total Assets
1.53%
Loans 30 Days and Over Past Due and Accruing to Total Loans
0.35%

 

Additional Information for Correspondent Guidance

Ratio Trend Lines 12/31/13 (Unaudited) 9/30/13 6/30/13 3/31/13 12/31/12 9/30/12
Tier 1 Leverage 11.49% 10.99% 10.97% 11.15% 10.14% 10.12%
Tier 1 Risk Based Capital 24.84% 24.06% 24.80% 24.80% 23.97% 24.47%
Total Risk Based Capital 26.13% 25.35% 26.09% 26.10% 25.26% 25.72%
NPAs to Total Assets 1.53% 1.32% 1.49% 2.46% 2.43% 2.52%
Loan Loss Reserve to Total Loans 5.34% 5.93% 6.08% 5.70% 5.61% 5.15%
Texas Ratio 10.91% 9.65% 11.16% 18.75% 17.42% 19.83%
Return on Average Assets 0.60% 0.54% 0.54% 0.47% 0.52% 0.61%
Return on Average Equity 5.42% 4.84% 4.76% 4.23% 5.10% 6.04%

 

Thomson Reuters Peer Group Rating - September 30, 2013

62/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.