WASHINGTON – Despite keeping costs at the lowest point in the last couple of years, America's Community Bankers netted a slight deficit for 2005.
ACB posted audited consolidated revenues of more than $17.3 million, down just a bit from the previous two years. Expenses were also below the previous two years at $17.7 million and non-operating or non-recurring revenues and expenses came to $327,000, leaving ACB with a $77,000 deficit.
Ultimately, ACB's audited total net assets totaled $27.3 million.
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