Atlantic capital bancshares, inc. (ACBI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Sep'14
INTEREST INCOME
Loans, including fees

22,426

23,175

23,541

23,554

22,752

22,752

20,117

19,269

17,972

1,590

21,491

21,361

19,994

-4,581

20,511

20,282

19,625

16,688

9,423

9,500

8,951

8,930

Investment securities

2,732

-

-

-

2,631

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities

-

-

2,176

2,339

-

-

2,789

2,687

2,592

-

2,298

2,355

2,018

-

1,293

1,327

1,601

1,224

664

710

703

782

Interest and dividends on other interest-earning assets

865

944

803

705

814

1,032

1,111

880

715

584

562

606

449

467

491

507

273

328

247

271

258

141

Total interest income

26,023

26,532

26,520

26,598

26,197

26,628

24,017

22,836

21,279

4,684

24,351

24,322

22,461

-2,637

22,295

22,116

21,499

18,240

10,334

10,481

9,912

9,853

INTEREST EXPENSE
Interest on deposits

4,182

4,890

5,223

5,448

4,831

4,185

3,182

2,715

2,424

713

2,693

2,481

2,047

-10

1,956

1,841

1,673

1,356

751

769

742

705

Interest on Federal Home Loan Bank advances

-

-

390

-

-

-

637

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest on Federal Home Loan Bank advances

-

-

-

270

-

-

-

766

509

-

459

452

302

234

133

147

44

7

52

117

114

120

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

32

94

99

168

118

60

77

88

79

26

84

76

36

-

37

87

67

-

20

25

24

50

Interest on long-term debt

829

824

824

823

824

828

824

823

829

823

824

824

823

828

815

832

810

841

17

0

0

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

38

78

0

0

0

-

Total interest expense

5,043

5,965

6,536

6,709

5,773

5,560

4,720

4,392

3,841

1,885

4,060

3,833

3,208

1,074

2,941

2,907

2,632

2,292

840

911

880

875

NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES

20,980

20,567

19,984

19,889

20,424

21,068

19,297

18,444

17,438

2,799

20,291

20,489

19,253

-3,711

19,354

19,209

18,867

15,948

9,494

9,570

9,032

8,978

Provision for credit losses

8,074

-

-

-

814

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

413

698

-

502

845

-173

772

282

322

1,980

634

2,208

463

777

368

7,623

-137

185

364

638

NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES

12,906

19,780

19,571

19,191

19,610

20,566

18,452

18,617

16,666

2,517

19,969

18,509

18,619

-5,919

18,891

18,432

18,499

8,325

9,631

9,385

8,668

8,340

NONINTEREST INCOME
Service charges

1,232

-

-

-

794

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges

1,232

998

925

870

794

876

804

828

707

-

1,247

1,274

-

-

-

-

-

-

-

-

-

-

Gain (loss) on sales of securities

-

-

253

654

-

-

-

-2

-

-

-80

0

-

-

-

-

-

-

-

-

-

-

Service charges

-

-

-

-

-

-

-

-

-

-

-

-

1,349

-

1,270

1,392

1,498

1,265

521

501

326

317

Gains (losses) on sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

11

33

0

10

0

0

0

Gain (loss) on sales of other assets

5

0

140

-10

-3

0

58

-166

-46

-46

44

666

78

238

71

31

48

189

0

0

0

-

Mortgage income

-

-

-

-

-

-

-

-

-

-

320

388

-

-

-

-

-

-

-

-

-

-

Mortgage income

-

-

-

-

-

-

-

-

-

-

-

-

257

-

632

447

339

163

0

0

0

-

Trust income

-

-

-

0

-

0

0

507

518

482

437

488

407

350

361

386

314

192

0

0

0

-

Derivatives income (loss)

246

315

-293

-233

-111

154

20

20

114

-

-3

116

-

-

-

-

-

-

-

-

-

-

Derivatives income

-

-

-

-

-

-

-

-

-

-

-

-

-51

28

69

98

65

89

67

65

83

18

Bank owned life insurance

362

375

422

389

360

380

379

378

369

384

384

384

378

395

424

398

393

365

227

1,336

231

240

SBA lending activities

414

846

1,150

1,096

1,086

425

882

997

1,302

843

888

1,171

1,227

599

959

1,204

880

904

745

903

358

597

TriNet lending activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

761

383

0

0

0

0

-

Gains on sale of branches

-

-

-

-

-

-

-

-

-

-

0

302

-

-

0

3,885

-

-

0

0

-

-

Gain on sale of trust business

-

-

-

0

-

-

-

1,681

-

-

0

0

-

-

-

-

-

-

-

-

-

-

Other noninterest income

163

145

172

175

210

182

112

223

198

187

240

498

212

1,704

216

267

467

293

159

223

184

149

Total noninterest income

2,422

2,679

2,769

2,941

2,336

164

2,255

4,466

3,162

-442

3,477

5,287

3,857

-5,321

4,002

8,880

4,420

3,460

1,729

3,028

1,182

1,321

NONINTEREST EXPENSE
Salaries and employee benefits

8,476

8,500

8,295

8,529

9,213

7,573

7,332

7,911

8,950

1,053

10,409

10,603

11,065

-2,352

10,059

10,420

10,555

9,661

4,859

4,836

4,742

4,555

Occupancy

794

838

722

689

639

655

732

700

885

-917

1,129

1,074

1,230

-1,391

1,235

1,274

1,100

907

419

423

421

417

Equipment and software

779

769

842

753

739

783

747

701

586

-236

776

996

805

-97

862

724

686

608

243

225

219

231

Professional services

705

577

764

792

775

947

796

943

825

1,119

1,595

973

904

910

442

760

748

1,020

208

273

109

250

Postage, printing and supplies

-

-

32

29

-

30

55

44

37

18

63

78

85

-29

61

159

169

115

21

18

24

26

Communications and data processing

897

1,066

796

662

675

772

566

657

681

-413

982

1,069

987

-289

617

694

916

555

313

342

331

310

Marketing and business development

153

143

243

233

226

224

211

135

140

77

272

179

270

151

269

317

267

197

90

77

46

120

Travel, meals and entertainment

140

-

-

-

166

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FDIC Premiums

-

-

-193

-

-

-

154

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FDIC premiums

-

-

-

175

235

-

-

143

108

-57

308

132

314

-269

415

493

398

273

161

189

166

158

Merger and conversion costs

-

-

-

-

-

-

-

-

-

-

0

304

-

204

579

1,210

749

7,172

718

756

508

0

Amortization of intangibles

-

-

-

-

-

-

-

-

-

-

391

425

470

-

520

668

762

526

0

0

0

-

Foreclosed property/problem asset expense

-

-

-

-

-

-

-

-

-

-

7

107

3

-

39

55

104

-

-

-

-

-

Other noninterest expense

933

1,579

1,176

1,392

1,127

1,067

1,279

1,389

1,076

722

1,572

1,683

1,611

904

2,198

2,169

1,812

2,135

639

682

636

586

Total noninterest expense

12,877

13,382

12,677

13,254

13,795

12,208

11,872

12,623

13,288

-37

17,504

17,623

17,744

-4,406

17,296

18,943

18,266

23,239

7,671

7,821

7,202

6,653

INCOME FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES

2,451

9,077

9,663

8,878

8,151

8,522

8,835

10,460

6,540

2,112

5,942

6,173

4,732

-6,834

5,597

8,369

4,653

-11,454

3,689

4,592

2,648

3,008

Provision for income taxes

327

1,937

2,094

1,869

1,711

1,039

1,837

2,082

1,349

18,479

1,890

1,844

1,502

-2,612

1,889

3,222

1,722

-3,293

1,463

1,690

934

1,022

NET INCOME FROM CONTINUING OPERATIONS

2,124

7,140

7,569

7,009

6,440

7,483

6,998

8,378

5,191

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations

-

0

0

30,107

-1,417

1,796

-646

-303

-204

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision (benefit) for income taxes

-

0

-617

7,964

-354

449

-161

-76

-51

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) from discontinued operations

-

0

617

22,143

-1,063

1,347

-485

-227

-153

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME

2,124

7,140

8,186

29,152

5,377

8,830

6,513

8,151

5,038

-15,337

4,052

4,329

3,230

1,609

3,708

5,147

2,931

-8,161

2,226

2,902

1,714

1,986

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

0.10

0.33

0.33

0.29

0.26

0.29

0.27

0.32

0.20

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

0.01

0.03

0.93

-0.04

0.06

-0.02

-0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income per common share - basic

0.10

0.34

0.36

1.22

0.22

0.34

0.25

0.31

0.20

-0.61

0.16

0.17

0.13

0.06

0.15

0.21

0.12

-0.59

0.16

0.21

0.13

0.15

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

0.10

0.32

0.33

0.29

0.26

0.28

0.27

0.32

0.20

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) per common share - discontinued operations

-

0.01

0.03

0.92

-0.04

0.06

-0.02

-0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income per common share - diluted

0.10

0.34

0.36

1.21

0.21

0.34

0.25

0.31

0.19

-0.61

0.16

0.17

0.13

0.06

0.15

0.20

0.12

-0.58

0.16

0.21

0.12

0.15