PackageTrendsPeer
Letter portraitLegal landscape

Atlantic Community Bank

Bluffton, SC · Cert 58075

FDIC · 2 branches

Q1 2018

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2018, the quarter ended March 31, 2018, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Atlantic Community Bank

Bluffton, SC · Cert 58075

FDIC · 2 branches

Q1 2018

$81.2MAssets
$65.0MLoans
$71.0MDeposits
$10.1MEquity
Loan mix
97%RE $56.5M2%C&I $1.4M1%Consumer $0.3MQ1 2017Q1 2018
Deposit mix
47%Interest-bearing $33.3M53%Noninterest $37.7MQ1 2017Q1 2018

NIM

3.85%Q1 ’164.09%Q1 ’174.19%Q1 ’18+9%+2%

Non-interest income vs. expense

3.40%Q1 ’163.39%Q1 ’173.33%Q1 ’18+77%-1%

Market Position · Hilton Head Island-Bluffton-Beaufort, SC · 2017 SOD (annual) · 1.8% share · #15 of 22 inst. · $0.1B of $4.3B

Executive Summary

  • Earnings: ROA of 0.86%, up 32 bps year over year; NIM at 4.11%.
  • Asset quality: problem loans at 0.00% of loans (-9 bps YoY), with net recoveries of 0.09%.
  • Capital: tier 1 leverage ratio of 11.16%, up 139 bps from a year ago.
  • Funding: loans stand at 91.53% of deposits as of Q1 2018.

Financial Results

Return on Assets (YTD, annualized)

0.86%+32 bps YoY

Net Interest Margin (YTD, annualized)

4.11%+10 bps YoY

Efficiency Ratio (YTD, annualized)

73.93%-327 bps YoY

Tier 1 Leverage Ratio

11.16%+139 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2017Q2 2017Q3 2017Q4 2017Q1 2018YoY ΔTrend
Earnings
Return on Assets0.54%0.54%0.57%-0.31%0.86%+32 bps
Return on Equity4.64%4.61%4.89%-2.61%7.14%+251 bps
Net Interest Margin4.01%4.05%3.77%3.82%4.11%+10 bps
Efficiency Ratio77.20%78.64%77.94%77.93%73.93%-327 bps
Non-Interest Burden2.91%2.98%2.76%2.83%2.87%-3 bps
Growth
Asset Growth (YoY)4.60%6.82%12.35%-5.84%-5.92%-1,053 bps
Loan Growth (YoY)4.22%-5.73%-3.67%-4.02%-3.57%-778 bps
Deposit Growth (YoY)6.49%9.06%13.43%-6.24%-6.37%-1,285 bps
Asset Quality
Nonperforming Loans / Loans0.09%0.06%0.06%0.00%0.00%-9 bps
Net Charge-Offs / Loans-0.04%0.25%0.12%-0.05%-0.09%-5 bps
Allowance / Loans1.12%1.09%1.09%1.22%1.22%+10 bps
Allowance Coverage of NPLs12.6x17.7x18.2xn/an/an/a
Capital
Tier 1 Leverage Ratio9.77%10.04%9.44%9.96%11.16%+139 bps
Total Risk-Based Capital14.82%16.21%16.02%17.10%16.84%+202 bps
Equity / Assets11.97%12.05%11.51%11.68%12.45%+49 bps
Liquidity & Funding
Loans / Deposits88.87%81.05%78.07%85.02%91.53%+266 bps
Liquid Assets / Assets12.69%22.04%22.37%16.96%11.70%-99 bps
CRE / Total Capitaln/an/an/an/an/an/an/a