ALBY-low float



https://www.otcmarkets.com/stock/ALBY/security

EXCELLENT -- I suspect we're looking at a forward PE of < 10 and still trading at a discount to Book Value. Added

4th Quarter and Year-end 2020 Highlights:

• Net Income increased 71.3% in 4Q20 compared to 4Q19. In 4Q19, non-recurring computer conversion charges
reduced net income and distorted the year over year comparison. Net income for the year 2020 was up 22.0%
when compared to 2019.

• Net Revenue for 4Q20 grew 2.0% compared to 4Q19 and grew 4.2% year over year.

• Non-Interest Income for the quarter was up 15.6% compared to 4Q19 and up 7.1% for the year 2020.

• Average Loans increased 11.9% compared to 4Q19 and 10.6% for the year 2020.

• Average Deposits grew 36.0% compared to 4Q19 and 21.6% for the year.

• Average Non-Interest-Bearing Demand Deposits were up 47.8% compared to 4Q19 and 45.9% for 2020.

• Asset Quality remained strong with a 1.45% Allowance for Losses on Loans and Leases as a Percent of Total Loans at
December 31, 2020. A provision for loan losses of $645,000 was added during 2020 to support loan growth.

• Fully Diluted Earnings per Share for 2020 increased 19.9% to $1.41.

• Fully Diluted Book Value per Share was $14.30 at year-end, up 11.1% from December 31, 2019.


AB&T’s trend of growing net income and earnings per share continued throughout 2020 even in the face of the COVID-19
pandemic that emerged in February. Net Income for the year climbed 22.0% to $1.773 million and resulted in fully diluted
earnings per share of $1.41, up from $1.18 in 2019. This improvement in net income was accomplished even as the Bank
provided $645,000 to the Allowance for Losses on Loans and Leases during the year.
For 2020, Average Loans were up 10.6% compared to 2019 and Average Deposits grew 21.6%. In addition, Average NonInterest-Bearing Deposits grew 45.9% during the year which helped hold down funding costs. The growth in loans and
deposits was fueled by the Bank’s active participation in the Paycheck Protection Program (PPP) which was created by
Congress to mitigate the economic effects of the COVID-19 pandemic.
The Bank’s asset quality also remained strong, with Non-Performing Assets as a Percent of Total Assets standing at only
0.05% at year-end. The Bank’s Allowance for Losses on Loans and Leases as a Percent of Total Loans at year-end was 1.45%.
The Bank realized net recoveries of .03% of Total Loans during 2020.
The Bank also experienced growth in Capital during the year and ended 2020 with a Tier 1 Leverage Ratio of 7.85%, and a
Total Capital Ratio of 12.57%.
As of December 31, 2020, the Bank reported Fully Diluted Book Value per Share of $14.30.
Even though 2020 was a year like none other, AB&T continued on its path toward providing superior financial returns to
shareholders. The Bank was an active participant in PPP, producing more than $27 million in loans to help customers
weather the severe economic consequences of the pandemic. The Bank’s ability to efficiently and effectively implement
PPP is a testament to the ingenuity and capacity of our associates, who worked relentlessly to bring these benefits to bear.
Their efforts during these extraordinarily difficult times not only reflect the Bank’s commitment to operational excellence
but also to its clients and community.
Even as we continue to deal with uncertainty around the ongoing pandemic, all of our efforts remain focused on realizing
our vision of becoming the Gold Standard of community banking.


- tables deleted -

https://www.abtgold.com/home/fiFiles/static/documents/4Q20_Checkpoint.pdf

3rd Quarter 2020, Year-Over-Year and Year-To-Date Highlights:


• Net Income increased 3.8% in 3Q20 compared to 3Q19 and 11.7% year-to-date, compared to the first 9 months of
2019.

• Net Revenue grew 3.8% compared to 3Q19 and 5.0% YTD, compared to the same period last year.

• Non-Interest Income for the quarter increased 5.2% compared to 3Q19 and 4.2% YTD, compared to the same period in 2019, driven by higher revenue from mortgage originations.

• Average Loans increased 11.6% compared to 3Q19 and 10.1% YTD, compared to the same period last year. The increases were primarily the result of the Bank’s originating more than $27 million in Paycheck Protection Plan
(PPP) loans.

• Average Deposits, which grew 26.3% compared to 3Q19 and 16.8% YTD, compared to the same period in 2019, were bolstered by PPP loan proceeds being deposited.

• Average Non-Interest-Bearing Demand Deposits grew 50.0% compared to 3Q19 and 43.5% YTD, compared to the same period of 2019, again fueled by PPP loan proceeds.

• Asset Quality remained strong with an Allowance for Losses on Loans and Leases (ALLL) of 1.26% as of September 30, 2020. Reflecting the economic uncertainty that exists today, the Bank provided $210,000 to the ALLL in 3Q20 bringing the total provision in 2020 to $345,000. The ALLL is experiencing YTD net recoveries representing 0.02% of
Total Loans.

• Diluted Earnings per Share for 3Q20 improved 1.8% to $0.35 and 9.4% to $1.07 through September 30th.

• Fully Diluted Book Value per Share was $13.94 at quarter-end, up 9.3% from June 30, 2020.


The third quarter of 2020 yielded continued growth in net income and earnings per share. The results were positively
impacted by the accretion of loan origination fees from PPP loans made in the second quarter 2020. The Bank’s focus now
turns from originating PPP loans to helping clients submit applications for forgiveness.

Average loans outstanding, including PPP loans, increased 11.6% over 3Q19 and 10.1% YTD, compared to the first 9 months
of last year. Due to considerable uncertainty about future economic conditions, the Bank provided $210,000 to the
Allowance for Losses in the third quarter. The 3Q20 provision brought the total year-to-date provision for loan losses to
$345,000 and the Allowance for Losses on Loans and Leases to 1.26% of total loans, including PPP loans. As you know, PPP
loans are 100% guaranteed by the United States Small Business Administration which makes their collection in full highly
likely. The bank’s asset quality remained strong with Non-Performing Assets as a Percent of Total Assets standing at only
0.04%.

The addition of Net Income to bank capital resulted in a Tier 1 Leverage Ratio of 8.3%, which was down from the same
quarter last year due entirely to the 14.6% increase in the size of the balance sheet resulting from the addition of the PPP
loans and corresponding deposits. The Common Equity Tier 1 ratio improved to 11.7% and the Total Capital Ratio climbed
to 12.9 %.

Earnings per Share for the third quarter and YTD 2020 were $0.35 and $1.07, respectively. The Bank reported Fully Diluted
Book Value per Share of $13.94 on September 30, 2020.
The third quarter of 2020 was one of adjusting to operating in a COVID world. Mask wearing and virtual meetings have
become routine as we continue to safeguard our clients and associates. While the financial highlights are reassuring, we
remain circumspect as we wait for this pandemic to subside. As a bank whose vison is to be Gold Standard, it continues to
be our mission to delight our clients and provide a better than expected return to our shareholders through whatever
circumstances we encounter.

https://www.abtgold.com/home/fiFiles/static/documents/3Q20_Checkpoint.pdf

I suspect some ALBY insider yeilding up shares

Excellent find and explains the volume since aug 15th

Wonder why there is such an eager sell volume with such a motivated and public buyer?

Great support let’s see how this works out!

Thanks for the info

They're not done yet

MM CSTI collected at least 12x 5,000 share blocks today @ $11.00 - $11.05
And prob the 20,000 block $10.75

Looked like MM ETRD was unloading

Excellent set up for higher prices IMO

BOOM claimed $12.00 actually hit $13.00

ALBY volume pushed price from $10.00 to $10.50 today claiming $11.00

Nice volume last couple days, trading 5k blocks @ $10.50 that’s $50g a pop ;)

2nd Quarter 2020 and Year-to-date Highlights:


• Net Income increased 27.1% in 2Q20 compared to 2Q19 and 15.9% year-over-year.

• Net Revenue grew 4.0% compared to 2Q19 and 5.6% YOY.

• Non-Interest Income for the quarter declined 22.1% compared to 2Q19 as a result of a decline in service charge income due to the COVID-19 pandemic, but increased 3.7% YOY following a strong 1Q20.

• Average Loans increased 15.2% compared to 2Q19 and 9.4% YOY. The increases were primarily the result of the Bank originating more than $27 million in Paycheck Protection Plan (PPP) loans.

• Average Deposits, which grew 23.2% compared to 2Q19 and 12.0% YOY, were bolstered by PPP loan proceeds being
deposited.

• Average Non-Interest-Bearing Demand Deposits grew 68.7% compared to 2Q19 and 42.5% YOY, again fueled by PPP
loans proceeds.

• Asset Quality remained strong with an Allowance for Loan Losses of 1.14% as of June 30, 2020. A provision for loan losses of $105,000 to prepare for the potential long-term impact of the Covid-19 outbreak was booked in 2Q20.

• Diluted Earnings per Share for 2Q20 improved 24.5% to $0.41 and improved 13.5% YOY to $0.72.

• Fully Diluted Book Value per Share was $13.60 at quarter-end, up 8.8% from June 30, 2019.



AB&T continued the trend of growing net income and earnings per share through the second quarter of 2020. It should be noted that those results were impacted by the onset of the novel coronavirus, COVID-19, making comparisons to prior periods difficult.

Nevertheless, net income was up 27.1% for the quarter when compared to the second quarter of 2019 and 15.9% for the first six months of 2020 when compared to the first half of 2019.

Under the Paycheck Protection Program which was created by Congress to help businesses and individuals more easily navigate the economic consequences of the virus, AB&T produced more than $27 million in new loans, helping to fuel growth in average loans of 15.2% for the second quarter when compared to the second quarter of 2019 and 9.4% year-over-year.

Correspondingly, average deposits were up 23.2% quarter-over-quarter and 12.0% year-over-year. The Bank earned almost $1 million in fees that will be recognized as monthly income through May 2021.

In light of the economic uncertainty introduced by COVID-19, the Bank added $105,000 to the Allowance for Loan Losses in the second quarter, bringing the total year-to-date provision for loan losses to $135,000 and the Allowance to 1.14% of total loans, including PPP loans which are guaranteed by the United States Small Business Administration. Even so, the bank’s asset quality remained strong with Non-Performing Assets as a Percent of Total Assets standing at only 0.05%.

The addition of Net Income to bank capital resulted in a Tier 1 Leverage Ratio of 8.29%, which was down from the same quarter last year due entirely to the 20.3% increase in the size of the balance sheet resulting from the addition of the PPP loans and corresponding deposits.
The Common Equity Tier 1 ratio improved to 11.77% and the Total Capital Ratio climbed to 13.02%.

Diluted Earnings per Share and Fully Diluted Book Value per Share for the first six months of 2020 were reported at $0.72 and
$13.60, respectively.

The second quarter of 2020 was a quarter to remember. While the financial highlights are reassuring, we are not taking anything
for granted. There is great uncertainty in the short-run and we don’t yet know the ultimate impact COVID-19 will have on the economic health of our community. As a bank whose vision is to be Gold Standard, we’re doing all we can do to ensure that any negative impact is contained and we have a solid foundation on which to build once this pandemic passes.

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https://www.abtgold.com/home/fiFiles/static/documents/2Q20_Checkpoint.pdf

1st Quarter 2020 and Year-to-date Highlights:


• Net Income increased 4.0% in 1Q20 compared to 1Q19.

• Net Revenue grew 7.3% compared to 1Q19.

• Non-Interest Income for the quarter was up 39.7% compared to 1Q19 on the strength of mortgage originations.

• Average Loans increased 3.6% compared to 1Q19.

• Average Deposits grew 1.3% compared to 1Q19.

• Average Non-Interest-Bearing Demand Deposits were up 16.7% for 1Q20 compared to 1Q19.

• Asset Quality remained strong with a 1.23% Allowance for Loan Losses as a Percent of Total Loans as of December 31, 2019. A provision for loan losses of $30,000 to prepare for the unpredictable effects of the outbreak of Covid-19 was also booked in 1Q20.

• Diluted Earnings per Share for 1Q20 was unchanged at $0.31 per share compared to 1Q19.

• Fully Diluted Book Value per Share was $13.18 at quarter-end, up 7.4% from March 31, 2019.


AB&T continued the trend of growing net income and earnings per share through the first quarter of 2020. Net Income for the quarter, and year-to-date year, climbed 4.0% to $392,000 and resulted in fully diluted quarterly earnings per share of $0.31.
Average Loans were up 3.6% compared to 1Q19 and Average Deposits grew 1.3%. In addition, the change in deposit mix as evidenced by 16.7% growth in Average Non-Interest-Bearing Deposits year over year, contributed to an increase in net interest income.

The bank’s asset quality remained strong in 1Q20, with Non-Performing Assets as a Percent of Total Assets standing at only 0.41%. Non-Performing Assets included one loan that represented the bulk of the total. Repayment of the loan principal, interest and most fees that was expected in 1Q20, has been delayed and the timing for repayment is uncertain due to the effects of Covid-19 on business activity.

Following a $30,000 loan loss provision, the Allowance for Loan Losses as a Percent of Total Loans improved to 1.23% as of December 31, 2019.

In 1Q20, Bank Capital also continued to grow. The Tier 1 Leverage Ratio improved to 9.06%, up from 8.41% a year earlier, and the Total Capital Ratio climbed to 12.22% up from 11.61% at the end of the first quarter 2019.

Fully Diluted Book Value per Share of $13.18 was reported as of March 31, 2020.

When 2020 began, the outlook for earnings and balance sheet growth at AB&T was promising. All that changed in early March as the spread of Covid-19 was recognized as a pandemic. Dougherty County, the center of our primary market area, has been particularly hard hit. As a result, our outlook for 2020 has been tempered and our expectations lowered. As we began the second quarter, we turned our focus to processing and funding loans under the Paycheck Protection Plan authorized by Congress and administered by the Small Business Administration. Our team of bankers and support personnel have distinguished themselves in our efforts to make these loans available to our clients. Their penchant for excellence shone through once again as they shepherded our clients through the process. As a result, every client who delivered an eligible application received authorization for funding from SBA. Despite the cloudy outlook for 2020, our resolve to do the best for our clients and community has never been more certain. We believe that the enduring relationships we have forged will lead us through this unexpected crisis and enable us to deliver the Gold Standard service our clients expect from us.

- tables deleted -

https://www.abtgold.com/home/fiFiles/static/documents/1Q20_Checkpoint_final.pdf

Solid on all measures, loan & deposit growth, revenue growth and most important asset quality excellent with one major non performing loan about to be paid of 1q 2020.
Additional non recurring one time cost for computer conversion have to ex that out as one time item but good to know they keep their IT infrastructure updated!

Good luck

4th Quarter and Year-end 2019 Highlights:

• Net Income declined 31.0% in 4Q19 compared to 4Q18 due to non-recurring computer conversion charges in 4Q19. Net Income was up 16.9% for all 2019.

• Net Revenue grew 11.2% compared to 4Q18 and 12.2% for the year 2019.

• Non-Interest Income for the quarter was up 10.9% compared to 4Q18 and up 9.7% for the year 2019.

• Average Loans increased 9.2% compared to 4Q18 and 11.5% for the year 2019.

• Average Deposits grew 5.7% compared to 4Q18 and 4.8% for the year.

• Average Non-Interest-Bearing Demand Deposits were up 25.6% compared to 4Q18 and 24.4% for 2019.

• Asset Quality remained strong with a 1.16% Allowance for Loan Losses as a Percent of Total Loans December 31, 2019. A provision for loan losses of $90,000 was added in 3Q19 to support loan growth.

• Diluted Earnings per Share for 2019 increased 16.4% to $1.18.

• Fully Diluted Book Value per Share was $12.87 at year-end, up 7.7% from December 31, 2018.

AB&T’s trend of growing net income and earnings per share continued throughout 2019. Net Income for the year climbed 16.9% to $1.453 million and resulted in fully diluted earnings per share of $1.18, up from $1.01 in 2018. This improvement in net income was accomplished even as the bank absorbed about $266 thousand in non-recurring charges related to converting to a new core processing system in November 2019.
For 2019, Average Loans were up 11.5% compared to 2018 and Average Deposits grew 4.8%. In addition, the change in deposit mix as evidenced by 24.4% growth in Average Non-Interest-Bearing Demand Deposits during the year helped hold down funding costs and improve net interest income.
The bank’s asset quality also remained strong in 4Q19, with Non-Performing Assets as a Percent of Total Assets standing at only 0.43% and the bank’s Allowance for Loan Losses as a Percent of Total Loans at 1.16%. Non-Performing Assets included one loan that represented the bulk of the total. Repayment of the loan including interest and fees is expected in 1Q20.
As previously reported, in 3Q19 the bank had added $90,000 to the Allowance for Loan Losses to support overall loan growth.
Also, in 2019, Bank Capital continued to grow, with the Tier 1 Leverage Ratio improving to 8.92%, up from 8.47% at yearend 2018, and the Total Capital Ratio climbing to 11.80% up from 11.11% at year-end 2018.
As of December 31, 2019, the bank reported Fully Diluted Book Value per Share of $12.87.
AB&T continued on its path toward providing superior financial returns to shareholders throughout 2019, while also adhering to our commitment to operational excellence. Our talented and dedicated bankers once again showed how marrying our superior financial products and services with a deep understanding our clients and community will remain a winning strategy.
At AB&T, all our efforts will continue to be focused on realizing our vision of becoming the Gold Standard of community banking.

https://www.abtgold.com/home/who-we-are/news-investor-relations/?noReload=true

bit down last q but a great year overall

https://backend.otcmarkets.com/otcapi/company/financial-report/239249/content" rel="nofollow" target="_blank" >https://backend.otcmarkets.com/otcapi/company/financial-report/239249/content[tag]4th quarter report here
[/tag]

$11.25

20k in volume going through around lunch time here.

Nice time to add a bunch more ;)

Great report and highest volume day in the last 2 years. Someone hit the bid and drove it down then the bid went up for 900 shares and it got hit.

This is gonna steadily march right on up.

Third Quarter 2019 Highlights:

• Net Income increased 20.9% in 3Q19 compared to 3Q18 and was up 36.6% year over year.

• In 3Q19, Net Revenue grew 10.1% compared to 3Q18 and 12.6% year over year.

• Non-Interest Income for the quarter was up 17.3% compared to 3Q18 and up 9.4% year over year.

• Average Loans increased 11.5% compared to the third quarter of 2018 and 12.3% year over year.

• Average Deposits increased 6.9% compared to 3Q18 and Average Non-Interest Bearing Demand Deposits were up 35.7% during that same period.

• Asset Quality remained strong with a 1.16% Allowance for Loan Losses as a Percent of Total Loans at September 30, 2019. • Diluted Earnings Per Share increased 20.6% to $0.34 for the third quarter compared to 3Q18 and increased 36.5% to $0.98 year over year.

• Fully Diluted Book Value Per Share stood at $12.75 at quarter end, an increase of 9.6% from September 30, 2018.


Following a strong second quarter, AB&T saw continued success in 3Q19, bettering the third quarter of 2018 in several of the key performance measures shown above. The most significant is the growth in Net Income quarter over quarter and year over year.
For the third quarter, Net Income was up 20.9% compared to the 3Q18 and 36.6% year over year. The increases in Net Income included a $55,000 charge for expenses related to the planned fourth quarter 2019 conversion of the bank’s core processing function to another vendor. A second and final charge of approximately $210,000 for this purpose is expected to occur in the fourth quarter 2019.
The third quarter also saw steady growth in the bank’s balance sheet as Average Loans were up 11.5% compared to 3Q18 and Average Deposits increased 6.9% for the same period. In addition, the change in deposit mix as evidenced by growth in Non-Interest Bearing Deposits of 35.7% quarter over quarter and 24.0% year over year helped hold down funding costs.
The bank’s asset quality remained strong in 3Q19, with Non-Performing Assets as a Percent of Total Assets standing at only 0.07% and the bank’s Allowance for Loan Losses as a Percent of Total Loans at 1.16%. A Provision for Loan Losses of $90,000 was made during the 3rd quarter to support overall loan growth.
Diluted Earnings Per Share increased to $0.34, an increase of 20.6% for the third quarter compared to the same period last year and to $0.98, an increase of 36.5% year over year.
Fully Diluted Book Value Per Share of $12.75 was reported as of September 30, 2019.
Through the first three quarters of 2019, AB&T has continued its march toward providing superior financial returns for its shareholders by combining operational excellence with talented and dedicated bankers who know their client’s hopes and dreams and offer AB&T’s financial products and services to make them a reality. As 2019 approaches its inevitable conclusion, we know that the future of the bank and its community relies on relationships built on mutual respect and trust. At AB&T, we embrace that future for it’s in these relationships that our vision of being the Gold Standard of community banking becomes reality.

-tables deleted-

https://www.abtgold.com/home/who-we-are/news-investor-relations/?noReload=true

They just had a very good earnings report.

DID YOU READ IT

Still trading under book value with .98 cents per share in earnings on the 9 months

I just put in for a couple hundred more share at the ask.

52 week high now.... Forget it. Too late to walk in. Congratulations to you that bought low at $9. Keep it quite and strong. Later

Largest volume day in 2 years

I added a couple hundred more shares the other day.

Go ALBY



















they have another branch

THIS IS THE BANK WE OWN

added more today (and no, that 2 share cross was not mine)

Stellar report. I started a position today. Thanks for the heads up.

(it's like putting money in the bank)

Second Quarter 2019 Highlights:

• Net Income was up 51.1% for the quarter compared to 2Q18 and was up 46.7% for the first two quarters of the year compared to the same period in 2018.

• Net Revenue grew 16.8% for the quarter compared to 2Q18 and 13.8% for the first two quarters of 2019 compared to the same period last year.

• Non-Interest Income for the quarter was up 25.1% compared to 2Q18 and up 5.1% compared to the first two quarters of 2018. • Average Loans increased 12.9% compared to the first quarter of 2018 and 12.7% for the first two quarters of 2019 compared to the same period last year.

• Average Deposits increased 2.7% compared to 2Q18 and Average Non-Interest Bearing Demand Deposits were also up 27.5% during that same period.

• The bank’s Average Assets increased 5.2% compared to the second quarter of last year.

• Asset Quality remained strong with a 1.15% Allowance for Loan Losses as a Percent of Total Loans for 2Q19.

• Average Stockholders’ Equity for the quarter increased 10.7% compared to 2Q18.

• Diluted Earnings Per Share increased to $0.33 for the second quarter and to $0.63 the first half of 2019, up 51.1% and 46.7% for each respective period.

• Fully Diluted Book Value Per Share stood at $12.51 at quarter end, an increase of 10.3% from 2Q18.


Following a strong first quarter, AB&T ended the second quarter of 2019 showing continued solid performance in several key areas.
Net Income for the quarter was up 51.1% compared to the second quarter of last year and Net Revenue was up 16.8%, thanks in part to a 25.1% increase in Non-Interest Income for the quarter compared to 2Q18.

The second quarter also saw steady improvement on the bank’s balance sheet as the bank realized Average Loan growth of 12.9% compared to 2Q18 and an increase in Average Deposits of 2.7% for the same period. In addition, the change in deposit mix, as evidenced by the growth in Non-Interest Bearing Demand Deposits of 27.5% quarter over quarter, and 18.5% year over year, helped reduce funding costs and contributed to the growth in Net Interest Revenue for each respective period.

The bank’s asset quality once again remained strong in 2Q19, with Non-Performing Assets as a Percent of Total Assets standing at only 0.02% and the bank’s Allowance for Loan Losses as a Percent of Total Loans at 1.15%.

Diluted Earnings Per Share increased to $0.33 for the second quarter and to $0.63 for the first half of 2019, up 51.1% and 46.7% for each respective period. The increase in earnings per share less the dividend of $0.10 per share paid to shareholders of record as of June 1, 2019 resulted in a 10.7% increase in Average Stockholders’ Equity and a Fully Diluted Book Value Per Share of $12.51 at June 30, 2019.

Through the first two quarters of 2019, AB&T’s solid performance has once again illustrated that our high operational standards and practices, combined with the drive and expertise of the most skilled and dedicated bankers in the market, continue to yield impressive results in the key metrics that drive profitability. As we progress through this year, we expect to see continued success, further validating that the exceptional products and services AB&T provides its present and future clients truly represent the Gold Standard of community banking.

Albany, GA July 30, 2019 Community Capital Bancshares, Inc. (OTCQX: ALBY)
FINANCIAL SUMMARY (UNAUDITED) (in thousands except per share amounts)

-tables deleted-

https://www.abtgold.com/home/who-we-are/news-investor-relations/?noReload=true

ALBY Reverse Split 1 for 5 effective June 4, 2018.

http://otce.finra.org/DailyList

9/30/2017 vs 9/30/2016

Increased Net Income 11.9%

Increased Loans 11.2%

Increased Deposits 18.8%

Net Income up 41.1%

Shares outstanding reduced 3.5%

Stockholders Equity up 4%



Performance Ratios

ROA 0.61%
ROE 6.74%
Efficiency Ratio 75.84%
NPA as % total loans 0.04%
OREO $0

http://www.abtgold.com/home/who-we-are/investor

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.

ALBY

$2.36

Volume 136,318 as of 11:08am

2 blocks 63k traded

book value 2q 2017 $2.47

let's go ALBY

Marker:
Community Capital Ba (ALBY)
$2.15 down -0.04 (-1.83%)
Volume: 1,472

2.15 x 2.30

Some volume today.

Obituary for Mr. Chuck Jones
Charles Marks (Chuck) Jones III died Wednesday, June 15, 2016. The son of the late Charles Marks Jones Jr and Josephine Elliott Jones. Chuck was born March 3, 1950. He was a life long resident of Albany and a lifetime member of St Paul’s Episcopal Church.

As a community leader, Chuck contributed to numerous charitable organizations as well as community projects, including Albany Sertoma Club, Albany Rotary Club, Albany Symphony, Theatre Albany and other numerous organizations.

Chuck attended Albany High School and the University of the South (Sewanee). In 1971 he returned to Albany and eventually became the 3rd generation to run the family business, Consolidated Loan Company.

In 1998 he married Amy Hubbard Faulk. That same year he and several other local leaders founded Albany Bank and Trust (AB&T National Bank) which he chaired until 2010. He also served on several other community bank boards.

His hearty laugh and quick wit were traits that everybody enjoyed. He was a loving husband, wonderful stepfather and loyal friend. He will be missed by many.

He is survived by his wife Amy, daughters Mary Faulk (Reagan Mason), Ivey (Dennis) Karwowski and grandchildren Hudson and Nora Karwowski, Ella, Jake and Ames Mason, mother Jo. Elliott Jones, sisters Nancy Presley, Susan ( Bill ) Willson, Jody (Brad) Bancroft, Elliott Jones ( Melissa Thurmond), his Godmother, Nancy Elliott Himes, Godfather, Dr. John Inman Jr., and a host of nieces, nephews and cousins.

Memorial services will be Saturday, June 18 at St. Paul's Episcopal Church at 11:00 am.

Visitation will be Friday from 5-7 at Kimbrell- Stern. To share a memory with the Jones family or sign the on line guest book visit www. kimbrellstern.com.

? In Lieu of flowers donations can be made to Easter Seals 1907 Palmyra Rd., Albany, Georgia, 31701 St. Paul's Episcopal Church 212 North Jefferson St., Albany, Georgia 31701 or Graceway Recovery Residence, 412 W Tift, Albany, Ga. 31701

Man, I hate this . Chuck Jones has passed away.

AB&T BOARD OF DIRECTORS

CHARLES M. "CHUCK" JONES III

AB&T Board Member
CEO, Consolidated Loan and Mortgage Co.
Coming from a background of local lending, real estate development and commercial construction, Chuck is an accomplished local businessman dedicated to serving his community. The leadership roles he holds include: president of the Albany Symphony Orchestra, chairman of the Albany BBB, and treasurer of Friends of Chehaw, among other roles in Albany Tomorrow, the Albany Civil Rights Museum, the Albany Museum of Art and the Rotary Club.
A graduate of the University of the South and Albany High School, Chuck resides in Albany. As a member and founding chairman of AB&T's board of directors, Chuck is dedicated to helping the bank uphold the highest integrity and keeping the community vibrant.

1.40 x 1.50

2015 Profit: $447,000
4th Quarter 2015 Profit: $114,000

https://www.depositaccounts.com/banks/abt-national-bank.html

Latest Outstanding Share count as of 12/31/2014: 6,271,872

Latest Tangible Book Value as of 12/31/2014: $2.24

Market Value today 6/9/2015: $1.15

Price to Tangible Book Value: 0.5134

ALBY is selling 49% below TBV...in other words this bank is On Sale!

*...not only that it appears we're finally heading into better days (profit-wise) for banking ahead.

great read, thanks for sharing

ALBY http://www.otcmarkets.com/financialReportViewer?symbol=ALBY&id=136218

Hi XUSMCMP welcome to the board. Your eyes don't deceive you...go back and read post #33...it should help explain what's been happening.

The bad news is our share structure changed dramatically at the beginning of 2015...we now have just under 7 million shares outstanding because we had 2 issues of preferred stocks converted to common equity. The good news is we knew it [the conversion] was coming about a year ago. The CEO gave us a heads up.

It's not unusual to see recently converted shares hit the market. It happens. I don't like dilution but I'm not alarmed by it in this case because the pps has held up real well despite the selling. Plus the bank had it's best year for profits since before the great recession hit in 2007/08...maybe it was their best year ever...it's certainly possible...we don't know yet we should be hearing from management soon. All the signs indicate we're definitely moving in the right direction ..it's been a long hard slog for management and they did a good job to keep things together.

The CEO just announced he has moved us up to a higher level on the OTC exchange which should bring in new eyes. The bank is finally making profits again so we can put our tax deferred assets to work which is always a big plus looking forward.

All in all...ALBY is in great shape now and imo is a good bank to have a stake in.

When the fed raises interest rates all these small banks will profit from it. It can't happen soon enough!

Good luck ...and if you're alias means what it says - Thank You for your service bud ;)

Chevy

AB&T National Bank

FDIC Cert# - 35029

Marker:
Community Capital Ba (ALBY)
$1.04 down -0.01 (-0.95%)
Volume: 715

Nice!

Got spooky for a minute :)

good finish

What's with all the selling?

thanks for posting genlou!