Atlantic Capital Bancshares, Inc. announced earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, Net interest income was $22,660,000 against $20,506,000 a year ago. Operating income before income taxes was $8,286,000 against $6,157,000 a year ago. Operating net income was $6,513,000 against $4,052,000 a year ago. Net income was $6,513,000 against $4,052,000 a year ago. Diluted earnings per share were $0.25 against $0.16 a year ago. Book value per share was $12.27 against $12.63 a year ago. Return on average equity – GAAP was 8.07% compared to 4.96% a year ago. Return on average equity – operating was 8.07% compared to 4.96% a year ago. Return on average assets – GAAP was 0.92% compared to 0.60% a year ago. Return on average assets - operating was 0.92% compared to 0.60% a year ago.

For the nine months, Net interest income was $66,392,000 against $57,790,000 a year ago. Operating income before income taxes was $23,299,000 against $17,540,000 a year ago. Operating net income was $18,441,000 against $11,611,000 a year ago. Net income was $19,702,000 against $11,611,000 a year ago. Diluted earnings per share were $0.75 against $0.45 a year ago. Book value per share was $12.27 against $12.63 a year ago. Tangible book value per common share was $11.37 compared with $11.67 a year ago. Return on average equity – GAAP was 8.41% compared to 4.91% a year ago. Return on average equity – operating was 7.87% compared to 4.91% a year ago. Return on average assets – GAAP was 0.96% compared to 0.57% a year ago. Return on average assets - operating was 0.90% compared to 0.57% a year ago.

For the third quarter, net charge offs was $15,000.

For the fourth quarter, The company anticipates the ROA to improve in the fourth quarter from the margin expansion, along with the full benefit from the recent loan growth.