Access National Corp (ANCX) Financial Statements (2024 and earlier)
Company Profile
Business Address |
1800 ROBERT FULTON DR, SUITE 300 RESTON, VA 20191 |
State of Incorp. | VA |
Fiscal Year End | December 31 |
Industry (SIC) | 6035 - Savings Institutions, Federally Chartered (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments, including: | 122,313 | 91,059 | 35,889 | 56,029 | 23,419 | 37,941 | |||
Cash and cash equivalents | 35,889 | 56,029 | 23,419 | 37,941 | |||||
Short-term investments | 92,458 | 81,873 | 24,598 | 46,225 | 15,302 | 22,206 | |||
Other undisclosed cash, cash equivalents, and short-term investments | 29,855 | 9,186 | (24,598) | (46,225) | (15,302) | (22,206) | |||
Disposal group, including discontinued operation | 45,026 | ||||||||
Total current assets: | 122,313 | 91,059 | 35,889 | 101,055 | 23,419 | 37,941 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 27,797 | 7,084 | 6,689 | 6,926 | 8,389 | 8,517 | |||
Intangible assets, net (including goodwill) | 185,161 | ✕ | ✕ | ||||||
Goodwill | 166,549 | ||||||||
Intangible assets, net (excluding goodwill) | 18,612 | ||||||||
Total noncurrent assets: | 212,958 | 7,084 | 6,689 | 6,926 | 8,389 | 8,517 | |||
Other undisclosed assets | 2,538,623 | 1,332,565 | 1,135,970 | 944,899 | 815,374 | 817,456 | |||
TOTAL ASSETS: | 2,873,894 | 1,430,708 | 1,178,548 | 1,052,880 | 847,182 | 863,914 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Debt | 145,993 | 186,009 | 91,129 | 185,635 | 172,855 | 83,091 | |||
Total current liabilities: | 145,993 | 186,009 | 91,129 | 185,635 | 172,855 | 83,091 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 6,186 | ||||||||
Long-term debt, excluding current maturities | 6,186 | ||||||||
Total noncurrent liabilities: | 6,186 | ||||||||
Other undisclosed liabilities | 2,306,277 | 1,124,169 | 978,281 | 768,341 | 583,193 | 683,370 | |||
Total liabilities: | 2,452,270 | 1,310,178 | 1,069,410 | 953,976 | 756,048 | 772,647 | |||
Equity | |||||||||
Equity, attributable to parent | 421,624 | 120,530 | 109,138 | 98,904 | 91,134 | 91,267 | |||
Common stock | 17,146 | 8,881 | 8,805 | 8,742 | 8,659 | 8,615 | |||
Additional paid in capital | 307,670 | 21,779 | 19,953 | 18,538 | 17,320 | 17,155 | |||
Accumulated other comprehensive income (loss) | (1,776) | (1,569) | (1,005) | (544) | (1,966) | 93 | |||
Retained earnings | 98,584 | 91,439 | 81,385 | 72,168 | 67,121 | 65,404 | |||
Total equity: | 421,624 | 120,530 | 109,138 | 98,904 | 91,134 | 91,267 | |||
TOTAL LIABILITIES AND EQUITY: | 2,873,894 | 1,430,708 | 1,178,548 | 1,052,880 | 847,182 | 863,914 |
Income Statement (P&L) ($ in thousands)
9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
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Revenues | 127,572 | 81,818 | 69,731 | 57,801 | 64,026 | 91,510 | ||
Net investment income | 85,771 | 45,976 | 40,184 | 35,804 | ||||
Cost of revenue | (8,143) | (1,667) | (1,605) | (2,294) | (7,641) | |||
Cost of goods and services sold | (1,224) | (1,667) | (1,605) | (1,906) | (6,126) | |||
Financial services costs | ✕ | (6,919) | (388) | (1,515) | ||||
Gross profit: | 119,429 | 80,151 | 68,126 | 57,801 | 61,732 | 83,869 | ||
Operating expenses | (99,095) | (36,291) | (43,585) | (36,260) | ||||
Other operating income (expense), net | 10,014 | 5,668 | 5,529 | 3,384 | 6,267 | (1,675) | ||
Noninterest income, other operating income | 10,014 | |||||||
Other expenses | (10,364) | 14,584 | 26,433 | |||||
Operating income: | 30,348 | 85,819 | 73,655 | 24,894 | 24,414 | 45,934 | ||
Nonoperating income | 1,310 | 332 | ||||||
Bank owned life insurance income | 1,201 | 332 | ||||||
Interest and debt expense | (11,108) | (6,304) | (4,119) | (3,273) | (3,712) | (5,165) | ||
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 7,927 | (53,911) | (45,940) | (443) | (261) | (12,338) | ||
Income from continuing operations before income taxes: | 28,477 | 25,604 | 23,596 | 21,510 | 20,441 | 28,431 | ||
Income tax expense | (11,977) | (9,200) | (8,177) | (7,585) | (7,234) | (10,708) | ||
Income from continuing operations: | 16,500 | 16,404 | 15,419 | 13,925 | 13,207 | 17,723 | ||
Income before gain (loss) on sale of properties: | 16,500 | 16,404 | 15,419 | 13,925 | 13,207 | 17,723 | ||
Net income: | 16,500 | 16,404 | 15,419 | 13,925 | 13,207 | 17,723 | ||
Net loss attributable to noncontrolling interest | (13,207) | (17,723) | ||||||
Other undisclosed net income attributable to parent | 13,207 | 17,723 | ||||||
Net income available to common stockholders, diluted: | 16,500 | 16,404 | 15,419 | 13,925 | 13,207 | 17,723 |
Comprehensive Income ($ in thousands)
9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|---|---|
Net income: | 16,500 | 16,404 | 15,419 | 13,925 | 13,207 | 17,723 | ||
Other comprehensive income | 11,148 | 17,757 | ||||||
Comprehensive income: | 16,500 | 16,404 | 15,419 | 13,925 | 24,355 | 35,480 | ||
Comprehensive income, net of tax, attributable to noncontrolling interest | 13,207 | 17,723 | ||||||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (207) | (564) | (461) | 1,422 | ||||
Comprehensive income, net of tax, attributable to parent: | 16,293 | 15,840 | 14,958 | 15,347 | 37,562 | 53,203 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.