Atlantic capital bancshares, inc. (ACBI)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13
INTEREST INCOME
Loans, including fees

93,022

80,110

64,436

55,837

44,562

32,762

28,971

Investment securities

9,559

10,912

9,181

-

-

-

-

Investment securities available-for-sale

-

-

-

5,698

-

-

-

Investment securities

-

-

-

-

3,301

3,109

2,917

Interest and dividends on other interest-earning assets

3,266

3,738

2,201

1,738

1,104

671

649

Total interest income

105,847

94,760

75,818

63,273

48,967

36,542

32,537

INTEREST EXPENSE
Interest on deposits

20,392

12,506

7,934

5,460

3,618

2,889

3,116

Interest on Federal Home Loan Bank advances

817

2,400

1,500

-

-

-

-

Interest on Federal Home Loan Bank advances

-

-

-

558

290

437

467

Interest on federal funds purchased and securities sold under agreements to repurchase

-

-

-

213

79

123

32

Interest on federal funds purchased and securities sold under agreements to repurchase

479

304

222

-

-

-

-

Interest on long-term debt

3,295

3,304

3,294

3,285

858

0

0

Other

-

-

-

38

78

0

0

Total interest expense

24,983

18,513

12,986

9,554

4,923

3,449

3,615

NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES

80,864

76,247

62,832

53,719

44,044

33,093

28,922

Provision for loan losses

2,712

1,946

3,218

3,816

8,035

488

246

NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES

78,152

74,301

59,614

49,903

36,009

32,605

28,676

NONINTEREST INCOME
Service charges

3,587

3,215

2,734

1,972

-

-

-

Gain (loss) on sales of securities

907

-1,855

-63

-

-

-

-

Service charges

-

-

-

-

2,613

1,170

935

Gains (losses) on sale of securities

-

-

-

44

10

59

167

Gain (loss) on sales of other assets

127

-154

742

388

189

0

500

Mortgage income

-

-

-

-

163

0

0

Trust income

-

1,025

1,814

1,411

192

0

0

Derivatives income (loss)

-322

308

156

-

-

-

-

Derivatives income

-

-

-

260

304

245

541

Bank owned life insurance

1,546

1,506

1,530

1,610

2,159

932

833

SBA lending activities

4,178

3,606

4,129

3,642

2,910

2,264

44

TriNet lending activities

-

-

-

-

0

0

-

Gains on sale of branches

-

-

-

-

0

0

-

Gain on sale of trust business

0

1,681

0

0

-

-

-

Other noninterest income

702

715

1,137

2,654

859

672

855

Total noninterest income

10,725

10,047

12,179

11,981

9,399

5,342

3,875

NONINTEREST EXPENSE
Salaries and employee benefits

34,537

31,766

33,130

28,682

24,098

18,608

17,318

Occupancy

2,888

2,972

2,516

2,218

2,170

1,721

1,597

Equipment and software

3,103

2,817

2,341

2,175

1,295

921

830

Professional services

2,908

3,511

4,591

2,860

1,610

1,055

860

Postage, printing and supplies

137

166

244

360

178

91

98

Communications and data processing

3,199

2,676

2,625

1,938

1,541

1,253

1,131

Marketing and business development

845

710

798

1,004

410

323

384

FDIC premiums

217

562

697

1,037

789

643

589

Merger and conversion costs

-

-

304

2,742

9,154

0

0

Amortization of intangibles

-

-

-

-

526

0

-

Foreclosed property/problem asset expense

-

-

-

-

70

7

-

Other noninterest expense

5,274

4,811

5,588

7,083

4,092

1,952

2,086

Total noninterest expense

53,108

49,991

52,834

50,099

45,933

26,574

24,893

INCOME FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES

35,769

34,357

18,959

11,785

-525

11,373

7,658

Provision for income taxes

7,611

6,307

23,715

4,221

794

3,857

2,515

NET INCOME FROM CONTINUING OPERATIONS

28,158

28,050

-4,756

7,564

-

-

-

Income (loss) from discontinued operations

28,690

643

1,689

9,559

-

-

-

Provision (benefit) for income taxes

6,993

161

659

3,728

-

-

-

Net income (loss) from discontinued operations

21,697

482

1,030

5,831

-

-

-

NET INCOME

49,855

28,532

-3,726

13,395

-1,319

7,516

5,143

Net income (loss) per common share ‑ basic
Net income per common share - continuing operations

1.21

1.08

-0.19

0.31

-

-

-

Net income (loss) per common share - discontinued operations (in dollars per share)

0.93

0.02

0.04

0.23

-

-

-

Net income per common share - basic

2.14

1.10

-0.15

0.54

-0.09

0.56

0.38

Net income (loss) per common share ‑ diluted
Net income per common share - continuing operations

1.20

1.07

-0.19

0.30

-

-

-

Net income (loss) per common share - discontinued operations

0.92

0.02

0.04

0.23

-

-

-

Net income per common share - diluted

2.12

1.09

-0.15

0.53

-0.09

0.55

0.38