Financial Highlights

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Financial Highlights

Consolidated Financial Highlights - June 30, 2018 (unaudited)

Net Income

$3,506,136

Total Assets

$702,085,400

Required Regulation F Information

 

Leverage Ratio

13.20%

Tier 1 Risk Based Capital Ratio

24.06%

Total Risk Based Capital Ratio

25.26%

Risk Based Assets to Capital Status-See Note Below

Well Capitalized

Loan Loss Reserve to NonPerforming Loans (inc. TDRs)

334.40%,

Loan Loss Reserve to NonPerforming Assets

334.40%

Loan Loss Reserve to Total Loans

2.46%

NonPerforming Assets to Total Assets

0.32%

Loans 30 Days and Over Past Due and Accruing to Total Loans

0.06%

 

Additional Information for Correspondent Guidance

Ratio Trend Lines

6/30/18

3/31/18

12/31/17

9/30/17

6/30/17

Tier 1 Leverage

13.20%

12.13%

12.51%

12.65%

12.65%

Tier 1 Risk Based Capital

24.06%

23.11%

21.68%

21.83%

22.16%

Total Risk Based Capital

25.26%

24.29%

22.81%

23.09%

23.45%

NPAs to Total Assets

0.32%

0.28%

0.53%

0.85%

0.62%

Loan Loss Reserve to Total Loans

2.46%

2.49%

2.85%

2.84%

3.09%

Texas Ratio

2.11%

2.18%

3.81%

5.86%

4.48%

Return on Average Assets

.90%

1.09%

0.40%

0.73%

0.75%

Return on Average Equity

7.22%

9.10%

3.16%

5.84%

5.98%

 

Bank Insight Rating (formerly Thomson Reuters Peer Group Rating) - June 30, 2018
79/A

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.

Client Feedback

ACBB is extremely attentive and works very hard to make sure our needs are satisfied. They always respond quickly to any questions. It’s a pleasure to work with the people at ACBB. We are always very happy with the service we receive.


Peter Michelotti
President & CEO
Community Bank of Bergen County

The whole process was great. Everyone was helpful and it was a great experience. The decision to use ACBB has been a homerun for us.


Mike Horodyski
President & CEO
Wallkill Valley Federal Savings and Loan

ACBB is the type of bankers’ bank you like doing business with because they’re experienced. They deal with you as a known professional. They understand your business and they take a personal interest in meeting your needs.


Scot Browning
President
Capital Bank N.A.

It's very important for community banks in today's environment to have a good correspondent bank. ACBB knows community banks and correspondent banking, and it fits that bill very well.


Tim Sissler
President & CEO
Reliance Bank

Shareholder Benefits

ACBB is owned by financial institutions and our Board of Directors is primarily comprised of community bank CEOs. ACBB shareholders receive an annual dividend, as well as a monthly loyalty benefit, which offsets service charges. Institutions are not required to be shareholders, although shareholders receive additional benefits. Shareholder institutions may apply for a formal loan arrangement or an overnight Federal Funds Borrowing facility from ACBB (subject to underwriting and approval). In addition, shareholders receive preferential borrowing rates and priority funding on overnight Federal Funds borrowings.

Become an ACBB shareholder today! When you do, you will see that any income ACBB generates is returned to you in the form of better pricing and fewer fees. Call Jon Evans at 717-737-4616 or Craig Howie at 860-266-2577 to learn more or send us an email.

Board of Directors

R. Michael Briggs, Chairman
President and CEO; USNY Bank, Geneva, NY

Lynda A. Messick, Vice Chairman
President; Bank Governance Advisors, Georgetown, DE

James M. Anthony, Director
President and CEO; Martha's Vineyard Savings Bank

Joseph T. Baptista, Jr., Director
President and CEO, Mechanics Cooperative Bank, Taunton, MA

Gary C. Beilman, Director
President and CEO; The Dime Bank, Honesdale, PA

James W. Cornelsen, Director
President and CEO; Old Line Bank, Bowie, MD

Jon S. Evans, Director
President and CEO; Atlantic Community Bankers Bank, Camp Hill, PA

David J. Hanrahan, Sr., Director
President and CEO, Capital Bank of New Jersey, Vineland, NJ

Craig H. Howie, Director
 Senior Executive Vice President, Atlantic Community Bankers Bank, Camp Hill, PA

Michael E. Kochenour, Director
Chairman and CEO; York Traditions Bank, York, PA

Stephen L. Lewis, Director
President and CEO; Thomaston Savings Bank, Thomaston, CT

William D. Moss, Director
President and CEO; Two River Community Bank, Tinton Falls, NJ

Robert W. Terravecchia, Jr., Director
President and CEO; Equitalble Bank, East Weymouth, MA

Julieann M. Thurlow., Director
President and CEO; Reading Cooperative Bank