Third Quarter 2018 Highlights:

•Net Revenue grew 2.8% in the third quarter compared to 3Q17 and 2.4% year to date compared to the first three quarters of 2017.

•Net Interest Income was up 4.5% in 3Q18 compared to the third quarter of 2017 and up 5.7% year to date compared to the same period last year.

•Net Income was up 34.1% compared to 3Q17, and 20.5% year to date compared to the first three quarters of2017.

•Average Assets were up 3.2% compared to 3Q17 and 11.7% year to date compared to the same period lastyear.

•Average Loans for the quarter increased 6.6% compared to 3Q17 and 7.2% compared to the same period last year.

•Average Deposits increased 5.7% compared to 3Q17 and 14.5% year to date compared to the first three quarters of 2017.

•Asset Quality remains strong with Non-Performing Assets as a Percent of Total Assets at 0.02% and the bank’s Allowance for Loan Losses as a Percent of Total Loans was at 1.28%.

•Average Stockholders’ Equity for the quarter declined by 8.5% compared to 3Q17.

•Diluted Earnings Per Share were $0.28 for 3Q18, up 34.0% from the third quarter of 2017.

•Fully Diluted Book Value Per Share was $11.63, a decrease of 7.9% from 3Q17.

Following a year-long trend, AB&T ended the third quarter of 2018 showing positive performance in several key areas. The bank saw Net Revenue growth of 2.8% in 3Q18 compared to the third quarter of last year and 2.4% growth compared to the first three quarters of 2017. That increase, combined with decreased Income Tax Expenses, led to a 34.1% rise in Net Income compared to 3Q17 and a 20.5% increase year to date compared to the first three quarters of 2017.

The third quarter of 2018 also saw continued improvement on the bank’s balance sheet with AB&T realizing a 3.2% rise in Average Assets compared to 3Q17. Average Loans were up 6.6% compared to 3Q17 and Average Deposits increased 5.7%.

Once again, AB&T’s asset quality remains strong with Non-Performing Assets as a Percent of Total Assets at only 0.02% and the bank’s Allowance for Loan Losses as a Percent of Total Loans was at 1.28%.

Despite that solid performance, Average Stockholders’ Equity was down 8.5% compared to 3Q17 and the bank’s Fully Diluted Book Value Per Share was down 7.9% from 3Q17. Each change was driven by the one-time adjustment to the bank’s Deferred Tax Asset following last year’s change in the corporate tax rate.

Always striving to improve, the bank’s third quarter performance again illustrates that AB&T’s high operational standards and practices, combined with the hard work of the entire team, continue to yield improving results in the key metrics that drive profitability. As the year progresses, we expect to see increased success, further validating that the exceptional products and services the bank provides its present and future clients truly are the Gold Standard of community banking.