“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

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Financial Highlights - September 30, 2014 (Unaudited)

Net Income
$3,230,127
Total Assets
$534,334,754
Required Regulation F Information
 
Leverage Ratio
12.67%
Tier 1 Risk Based Capital Ratio
26.16%
Total Risk Based Capital Ratio
27.44%
Risk Based Assets to Capital Status-See Note Below
Well Capitalized
Loan Loss Reserve to NonPerforming Loans (inc. TDRs)
130.61%
Loan Loss Reserve to NonPerforming Assets
115.93%
Loan Loss Reserve to Total Loans
4.64%
NonPerforming Assets to Total Assets
1.57%
Loans 30 Days and Over Past Due and Accruing to Total Loans
.38%

 

Additional Information for Correspondent Guidance

Ratio Trend Lines 9/30/14* 6/30/14* 3/31/14* 12/31/13 9/30/13 6/30/13
Tier 1 Leverage 12.67% 12.11% 12.10% 11.48% 10.99% 10.97%
Tier 1 Risk Based Capital 26.16% 25.16% 25.57% 24.83% 24.06% 24.80%
Total Risk Based Capital 27.44% 26.44% 26.85% 26.12% 25.35% 26.09%
NPAs to Total Assets 1.57% 1.86% 1.41% 1.53% 1.32% 1.49%
Loan Loss Reserve to Total Loans 4.64% 4.82% 5.17% 5.34% 5.93% 6.08%
Texas Ratio 10.56% 12.03% 10.21% 10.91% 9.65% 11.16%
Return on Average Assets .77% .81% .98% 0.60% 0.54% 0.54%
Return on Average Equity 6.33% 6.75% 8.19% 5.42% 4.84% 4.76%

 *2014 numbers are unaudited

Thomson Reuters Peer Group Rating - June 30, 2014

64/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.