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)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments, including: | 122,972 | 144,364 | 122,313 | 129,933 | 66,661 | 43,606 | |||
| Cash and cash equivalents | 122,972 | 144,364 | 129,933 | 66,661 | 43,606 | ||||
| Short-term investments | 92,458 | ||||||||
| Other undisclosed cash, cash equivalents, and short-term investments | 29,855 | ||||||||
| Total current assets: | 122,972 | 144,364 | 122,313 | 129,933 | 66,661 | 43,606 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 28,082 | 28,111 | 27,797 | 26,400 | 29,363 | 7,097 | |||
| Intangible assets, net (including goodwill), including: | 184,838 | 185,646 | 185,161 | 182,156 | 184,194 | ||||
| Goodwill | 167,933 | 167,937 | 166,549 | 167,409 | 168,632 | ||||
| Intangible assets, net (excluding goodwill) | 16,901 | 17,709 | 18,612 | 14,747 | 15,562 | ||||
| Other undisclosed intangible assets, net (including goodwill) | 4 | ||||||||
| Total noncurrent assets: | 212,920 | 213,757 | 212,958 | 208,556 | 213,557 | 7,097 | |||
| Other undisclosed assets | 2,584,693 | 2,475,727 | 2,538,623 | 2,534,580 | 2,476,772 | 1,350,644 | |||
| TOTAL ASSETS: | 2,920,585 | 2,833,848 | 2,873,894 | 2,873,069 | 2,756,990 | 1,401,347 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 289,934 | 143,413 | 145,993 | 79,527 | 55,429 | 61,827 | |||
| Total current liabilities: | 289,934 | 143,413 | 145,993 | 79,527 | 55,429 | 61,827 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 2,196,369 | 2,263,782 | 2,306,277 | 2,373,369 | 2,286,693 | 1,215,348 | |||
| Total liabilities: | 2,486,303 | 2,407,195 | 2,452,270 | 2,452,896 | 2,342,122 | 1,277,175 | |||
| Equity | |||||||||
| Equity, attributable to parent | 434,282 | 426,653 | 421,624 | 420,173 | 414,868 | 124,172 | |||
| Common stock | 17,365 | 17,281 | 17,146 | 17,076 | 17,016 | 9,008 | |||
| Additional paid in capital | 314,367 | 311,675 | 307,670 | 305,682 | 303,997 | 24,254 | |||
| Accumulated other comprehensive loss | (7,140) | (6,137) | (1,776) | (1,192) | (809) | (1,526) | |||
| Retained earnings | 109,690 | 103,834 | 98,584 | 98,607 | 94,664 | 92,436 | |||
| Total equity: | 434,282 | 426,653 | 421,624 | 420,173 | 414,868 | 124,172 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,920,585 | 2,833,848 | 2,873,894 | 2,873,069 | 2,756,990 | 1,401,347 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 32,116 | 31,211 | 50,761 | 30,621 | 29,978 | 16,212 | ||
| Net investment income | 27,222 | 26,608 | 27,692 | 27,139 | 13,554 | |||
| Other operating income | 4,894 | 4,603 | 2,929 | 2,839 | 2,658 | |||
| Cost of revenue | (652) | (750) | (4,943) | (900) | (900) | (1,400) | ||
| Cost of goods and services sold | (1,224) | |||||||
| Provision for loan, lease, and other losses | ✕ | ✕ | ✕ | ✕ | ||||
| Financial services costs | ✕ | (652) | (750) | (3,719) | (900) | (900) | (1,400) | |
| Gross profit: | 31,464 | 30,461 | 45,818 | 29,721 | 29,078 | 14,812 | ||
| Operating expenses | (99,095) | |||||||
| Other operating income, net (Noninterest Income, Other Operating Income) | 10,014 | |||||||
| Other undisclosed operating income (loss) | 4,848 | 3,542 | (18,185) | 6,494 | 6,946 | 4,745 | ||
| Operating income (loss): | 36,312 | 34,003 | (61,448) | 36,215 | 36,024 | 19,557 | ||
| Nonoperating income | 324 | 321 | 441 | 342 | 343 | |||
| Bank owned life insurance income | 324 | 321 | 342 | 343 | ||||
| Interest and debt expense | (4,207) | (3,363) | (3,182) | (3,098) | (2,964) | (1,864) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (21,402) | (21,045) | 73,210 | (24,035) | (27,469) | (13,595) | ||
| Income from continuing operations before income taxes: | 11,027 | 9,916 | 9,021 | 9,424 | 5,934 | 4,098 | ||
| Income tax expense | (2,065) | (1,830) | (5,976) | (2,422) | (2,088) | (1,491) | ||
| Income from continuing operations: | 8,962 | 8,086 | 3,045 | 7,002 | 3,846 | 2,607 | ||
| Income before gain (loss) on sale of properties: | 8,962 | 8,086 | 3,045 | 7,002 | 3,846 | 2,607 | ||
| Net income available to common stockholders, diluted: | 8,962 | 8,086 | 3,045 | 7,002 | 3,846 | 2,607 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 8,962 | 8,086 | 3,045 | 7,002 | 3,846 | 2,607 | ||
| Other comprehensive income (loss) | (1,003) | (4,108) | (383) | 717 | 43 | |||
| Other undisclosed comprehensive loss | (377) | |||||||
| Comprehensive income: | 7,959 | 3,978 | 2,668 | 6,619 | 4,563 | 2,650 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (207) | |||||||
| Comprehensive income, net of tax, attributable to parent: | 7,959 | 3,978 | 2,461 | 6,619 | 4,563 | 2,650 | ||
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.