Atlantic Capital Bancshares, Inc., a Georgia corporation organized in 2006
and headquartered in Atlanta, Georgia, is the parent of Atlantic Capital Bank,
N.A. (the “Bank”). The Bank operates as a full service, locally-managed
commercial bank with 25 offices located primarily in the metropolitan areas
of Atlanta, Georgia and Chattanooga and Knoxville, Tennessee.
We provide a competitive array of credit, treasury management, and deposit products
and services to emerging growth businesses, middle market corporations, commercial
real estate developers and investors, and private clients. Our wealth management
division offers financial planning, trust administration, investment management
and estate planning services. We also provide selected capital markets, mortgage
banking, and electronic banking services to our corporate, business, and individual
clients.
We provide credit, treasury management, and depository services to emerging
growth businesses, middle market corporations, commercial real estate developers
and investors, and private clients through corporate and business banking, commercial
real estate finance, specialty corporate financial services, and private banking
teams.
Our objective is to build a premier regional corporate, business, and private
bank operating in key metropolitan markets across the southeastern United States
through a combination of strong growth in our existing businesses and markets
and strategic expansion to new markets. In particular, we focus on client segments
where we believe the expertise and experience of our bankers, competitive and
sophisticated service capabilities, and high touch service delivery can differentiate
us from our competitors. The essence of our business strategy is to build enduring
and growing relationships with carefully selected corporate, business, and individual
clients by providing tailored financial solutions and services to them from
a broad range of credit, treasury management and depository, and trust and wealth
management capabilities. We believe a growing number of client relationships
with income streams from multiple services provided will result, over time,
in reliable and consistent earnings and returns on our shareholders’ capital.
Our Products and Services
We provide credit, treasury management, and depository services to emerging
growth businesses, middle market corporations, commercial real estate developers
and investors, and private clients through corporate and business banking, commercial
real estate finance, specialty corporate financial services, and private banking
teams.
Corporate and Business Banking
We focus our corporate and business banking activities on the complex needs
of emerging growth businesses and middle market companies. We address the needs
of our corporate and business banking clients with experienced bankers and advanced
treasury management services technology. We offer a full suite of corporate
and business banking credit products to fund a client’s strategic growth,
capital expenditures, working capital requirements and strategic corporate finance
activities. Our solutions include working capital and equipment loans, loans
supported by owner-occupied real estate and strategic corporate financing funded
through revolving lines of credit, term loans and letters of credit.
The terms of our corporate and business banking loans vary by purpose and by
the underlying collateral, if any. The vast majority of these loans are secured
by assets of the borrower; however, we periodically make unsecured loans to
our most credit worthy clients when circumstances support such activity. Loans
to support working capital typically have terms not exceeding one year and are
usually fully-secured by accounts receivable and inventory, as well as by personal
guarantees of the principals or owners of the business. For loans secured by
accounts receivable or inventory, the principal balance is repaid as the assets
securing the loan are converted into cash. For loans secured with other types
of collateral, the principal balance generally amortizes over the term of the
loan. The quality of the corporate borrower’s management and its ability
to both properly evaluate and respond to changes affecting its business operations
and operating environment are significant factors we evaluate with respect to
a commercial borrower’s creditworthiness.
Private Banking
Our private banking business team focuses on serving the banking needs of professional
firms throughout our regional markets, the principals of our corporate and commercial
real estate clients, and other private clients. We offer personal credit products,
an array of checking and savings products and online and mobile banking services.
Our private banking credit products include loans to individuals for personal
and investment purposes, such as secured installment and term loans and home
equity lines of credit. Repayment of these loans is often primarily dependent
upon the borrower’s financial profile and is more likely to be adversely
affected by personal hardships as compared to other types of loans. Our loan
officers review a borrower’s credit and debt history, past income levels
and cash flow and determine the impact of all these factors on the ability of
the borrower to make future payments. Home equity lines of credit are underwritten
based upon the borrower’s credit profile and perceived ability to repay
the entirety of the obligation.
Commercial Real Estate Finance
Our commercial real estate team is highly focused on a select group of clients
characterized by superior financial resources and long industry experience.
We believe our focus on “top-tier” clients provides us with larger
loan opportunities which enables us to achieve desired commercial real estate
loan production with a relatively smaller team of experienced bankers.
Our primary commercial real estate loan types include secured construction
loans, secured mini-permanent loans and, less frequently, secured or unsecured
lines of credit. A large majority of our commercial real estate loan portfolio
is secured by a first mortgage security interest in the property financed. We
occasionally extend unsecured credit to public real estate investment trusts
and to certain other commercial real estate clients, which we believe to have
exceptional credit quality. We focus almost exclusively on providing loans for
our core commercial real estate property types: multifamily (primarily for-rent)
housing, office, industrial and retail properties.
In keeping with our “top-tier” client strategy, virtually all of
our commercial real estate customers are based in our primary market areas.
Accordingly, the largest proportion of our commercial real estate collateral
is located in these markets. We have occasionally extended credit to select
clients in markets outside our primary markets and expect to continue to do
this in certain circumstances.
The majority of our total commercial real estate loans have been used to finance
stabilized income producing assets of our borrowers. We have also extended a
smaller percentage of loans for construction and development purposes and lines
of credit. We seek to actively manage and balance our commercial real estate
loan portfolio across various property types to assure appropriate diversification
and to manage our exposure to market conditions. We have arranged and participated
in syndicated commercial real estate loans to diversify and mitigate our loan
concentration risk and to support our loan growth goals, and we may continue
both in the future. Overall, our goal is to maintain frequent contact with our
borrowers and, through that contact, build a deep understanding of each client’s
business strategy, property status and overall financial strength and flexibility.
Specialty Corporate Financial Services
Our specialty corporate financial services team provides treasury management
services, payments industry banking, financial institutions banking, capital
markets services, and specialty commercial lending to emerging growth businesses,
middle market corporations, payroll companies, and other banks on a selected
basis in the southeastern United States and nationally.
Corporate treasury management services are designed to facilitate domestic and
international collection and disbursement of client funds with real time online
execution and reporting capabilities. We believe our services are competitive
with those offered by large regional and national competitors. Our corporate
treasury management professionals are highly experienced and provide expert
advice to our clients.
We offer electronic payments services to payroll companies and other high transaction
volume clients through the FedWire and Automated Clearing House (ACH) systems.
These services generate substantial fee income and demand deposit balances for
us. We use sophisticated systems capabilities and the expertise of our people
to process high transaction volumes and manage and monitor risks associated
with this activity.
Other financial institutions throughout the southeastern United States maintain
money market deposit accounts with us to earn a higher return than that available
on other short term investment or on balances at the Federal Reserve Bank. Our
strong capitalization levels and superior credit quality have helped us attract
large deposit amounts from other banks.
We provide targeted capital markets services, principally interest rate protection
and foreign exchange, to our business and corporate clients, and loan sales
and syndications to our bank clients. Spot and forward foreign exchange transactions
are provided through third parties on a private label basis. Interest rate swaps
are offered to our clients to hedge interest rate exposure on loans and are
fully hedged on our books with mirror transactions with other financial institutions.
Specialty commercial loans consist of Small Business Administration (“SBA”)
loans, franchise finance programs, and commercial mortgage loans on single credit
tenant properties (the “TriNet division”). We offer these loans
to small businesses, franchisees, and real estate investors across a wide range
of industries in the southeast and nationally with a dedicated team of bankers
with expertise in these specialized forms of lending.
Residential Mortgage
Our residential mortgage loan department primarily originates loans for sale
into the secondary market. We generally do not retain long-term, fixed rate
residential real estate loans in our portfolio due to interest rate and collateral
risks and low levels of profitability. The limited amount of residential loans
to individuals that are retained in our loan portfolio primarily consist of
first liens on 1-4 family residential mortgages, home equity loans and lines
of credit.
Trust & Wealth Management
We offer wealth management services including private client services, financial
planning, trust administration, investment management, brokerage and estate
planning services. Our trust and wealth management business is branded as Southeastern
Trust Company and serves clients throughout the southeastern United States.
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