National Commerce Corporation (NCOM) financial statements (2021 and earlier)

Company profile

Business Address 600 LUCKIE DRIVE
BIRMINGHAM, AL 35223
State of Incorp. DE
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments217235217212123
Cash and cash equivalents217235217212123
Total current assets:217235217212123
Noncurrent Assets
Property, plant and equipment8752323128
Intangible assets, net (including goodwill)268118535331
Goodwill250113515129
Intangible assets, net (excluding goodwill)184232
Total noncurrent assets:355170858558
Other undisclosed assets3,6342,3321,6491,466957
TOTAL ASSETS:4,2052,7381,9511,7631,138
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt19    
Total current liabilities:19    
Noncurrent Liabilities
Other undisclosed liabilities3,4902,3381,7141,5471,002
Total liabilities:3,5082,3381,7141,5471,002
Stockholders' equity
Stockholders' equity attributable to parent, including:689393230209129
Common stock0000 
Additional paid in capital605348205202131
Accumulated other comprehensive income (loss)(2)0011
Retained earnings (accumulated deficit)8644246(3)
Other undisclosed stockholders' equity attributable to parent    0
Stockholders' equity attributable to noncontrolling interest87777
Total stockholders' equity:697400237217136
TOTAL LIABILITIES AND EQUITY:4,2052,7381,9511,7631,138

Income statement (P&L) ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues166124866235
Net investment income166107735430
Cost of revenue(5)(4)(3)(1)(1)
Provision for loan, lease, and other losses(5)
Financial services costs(4)(3)(1)(1)
Gross profit:161120826134
Operating expenses(13)(54)(46)(37)(24)
Other operating income, net
(Noninterest Income, Other Operating Income)
 2   
Operating income:14868362410
Nonoperating income 11032
Investment income, nonoperating    31
Gains (losses) on sales of other real estate 00(0)0
Bank owned life insurance income 1100
Interest and debt expense(21)(10)(7)(5)(3)
Income from continuing operations before equity method investments, income taxes:12759302039
Other undisclosed loss from continuing operations before income taxes(69)(17)(1)(3)(29)
Income from continuing operations before income taxes:584229179
Income tax expense(13)(20)(9)(5)(3)
Net income:452219126
Net loss attributable to noncontrolling interest(2)(2)(2)(2)(1)
Net income available to common stockholders, diluted:422018105

Comprehensive Income ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:452219126
Other comprehensive income    1
Comprehensive income:452219126
Comprehensive loss, net of tax, attributable to noncontrolling interest(2)(2)(2)(2)(1)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(3)0(0)(0) 
Comprehensive income, net of tax, attributable to parent:40201896

Statements sources

The financial statements are based on the company's filings with the 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.

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