“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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Consolidated Financial Highlights - June 30, 2016 (unaudited)

Net Income
$2,468,904
Total Assets
$572,976,684
Required Regulation F Information
 
Leverage Ratio
12.92%
Tier 1 Risk Based Capital Ratio
24.97%
Total Risk Based Capital Ratio
26.26%
Risk Based Assets to Capital Status-See Note Below
Well Capitalized
Loan Loss Reserve to NonPerforming Loans (inc. TDRs)
294.37%
Loan Loss Reserve to NonPerforming Assets
226.88%
Loan Loss Reserve to Total Loans
3.41%
NonPerforming Assets to Total Assets
0.63%
Loans 30 Days and Over Past Due and Accruing to Total Loans
0.10%

 

Additional Information for Correspondent Guidance

Ratio Trend Lines 6/30/16 3/31/16 12/31/15 9/30/15 6/30/15
Tier 1 Leverage 12.92% 12.95% 12.19% 12.57% 12.45%
Tier 1 Risk Based Capital 24.97% 24.46% 24.19% 24.35% 24.46%
Total Risk Based Capital 26.26% 25.76% 25.48% 25.62% 25.71%
NPAs to Total Assets 0.63% 0.75% 0.87% 1.10% 1.33%
Loan Loss Reserve to Total Loans 3.41% 3.83% 3.79% 4.04% 4.12%
Texas Ratio 4.29% 4.37% 6.04% 7.99% 9.09%
Return on Average Assets 0.86% 0.78% 0.59% 0.61% 0.61%
Return on Average Equity 6.57% 6.03% 4.74% 4.88% 4.97%

 

Bank Insight Rating (formerly Thomson Reuters Peer Group Rating) - June 30, 2016

 77/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.