Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. The Bridge Message Board

ALBY Company Background Community Capital Ba

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 127567
(Total Views: 59)
Posted On: 11/03/2017 8:29:08 AM
Avatar
Posted By: SaltyMutt
ALBY

Company Background

Community Capital Bancshares, Inc. is a bank holding company. The Company's principal activity is the ownership and management of its bank subsidiary, AB&T National Bank (the Bank). The Bank provides a range of banking services to individual and corporate customers in its primary market areas of Dougherty and Lee County, Georgia. Its loan portfolio segments include commercial real estate, residential real estate, commercial and consumer. The Company's debt securities and equity securities are classified as available for sale. Its available for sale securities include state and municipal securities, and mortgage-backed securities-government sponsored enterprise (GSE) residential. It offers noninterest-bearing deposits and interest-bearing deposits. It also owns Community Capital Statutory Trust I, a business trust formed for the purpose of issuing trust preferred securities and investing the proceeds in floating rate junior subordinated deferrable interest debentures issued by it.

http://www.abtgold.com/

The pps is at $2.46 as of this post.


Community Capital Bancshares, Inc. Announces Results for the Third Quarter 2017
Albany, GA September 30, 2017 Community Capital Bancshares, Inc. (OTCQX: ALBY)

Third Quarter 2017 Highlights:

• Net Revenue grew 3.7% compared to 3Q16 and 8.6% year to date compared to the same period last year, thanks to an 11.9% increase in Net Interest Income compared to 3Q16 and a 9.0% rise year to date compared to the same period in 2016.

• Total Net Income was up 41.1% from 3Q16 and 71% year to date compared to the first three quarters of 2016, driven primarily by increases in Net Revenue and decreases in Non-Interest Expense.

• The bank’s Efficiency Ratio improved to 75.84% compared to 82.07% in 3Q16 and to 76.74% for the first three quarters of 2017 compared to 84.95% for the same period in 2016.

• Average Loans for the quarter increased 11.2% compared to 3Q16 and 10.3% year to date compared to the first three quarters of 2016.

• Average Deposits increased 18.8% compared to 3Q16 and 13.8% year to date compared to the same period last year. • Diluted Earnings per Share increased 46.2% compared to 3Q16 and were up 76.5% year to date compared to the first three quarters of last year.

• Asset Quality remains strong with a 1.33% Allowance for Loan Losses as a Percent of Total Loans for the first three quarters of 2017.


AB&T has sustained positive results in the third quarter thanks to improved performance in several key areas.

The bank saw growth in Net Revenue of 3.7% in 3Q compared to 3Q16 and an increase of 8.6% year to date when compared to the first three quarters of 2016. That increase came as a direct result of increased Net Interest Income (up 11.9% compared to 3Q16 and 9.0% year to date compared to that period last year).

The interest income growth, coupled with a 4.2% decrease in Non-Interest Expense, helped drive a 41.1% Net Income increase in 3Q17 compared to 3Q16. Year to date, Net Income was up 71.0% compared to the first three quarters of 2016.

The quarter also saw continued improvement on the balance sheet, with the bank realizing an 11.2% increase in Average Loans and an 18.8% increase in Average Deposits compared to 3Q16. Average Assets were up 19.5% compared to the third quarter last year and 11.5% year to date compared to the same period in 2016. The bank remains well-capitalized and again reports excellent asset quality.

Through the first three quarters of 2017, the bank’s performance continues to impress. AB&T has shown appreciable growth across the board, while consistently maintaining high operational standards and practices. Our associates continually strive for excellence and their hard work has again proven the bank can maintain success while providing the exceptional standard of service our current and future clients have come to expect. Additionally, the bank continues to be a driving force in its market, and has strengthened its bond with the local community throughout the year. We believe adherence to our proven formula for success will yield similar results through year’s end and well into the future.


(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us