v3.25.0.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest income      
Loans $ 505,484,000 $ 475,405,000 $ 293,210,000
Investment securities 67,291,000 54,860,000 41,413,000
Interest earning deposits with banks and other interest income 22,814,000 18,314,000 4,153,000
Total interest income 595,589,000 548,579,000 338,776,000
Interest expense      
Interest bearing demand deposits 62,719,000 62,551,000 15,118,000
Savings and money market deposits 62,410,000 42,356,000 11,808,000
Time deposits 105,780,000 78,829,000 22,124,000
Advances from the Federal Home Loan Bank 29,303,000 28,816,000 15,092,000
Senior notes 3,767,000 3,766,000 3,766,000
Subordinated notes 1,444,000 1,445,000 1,172,000
Junior subordinated debentures 4,206,000 4,345,000 3,030,000
Securities sold under agreements to repurchase 3,000 7,000 1,000
Total interest expense 269,632,000 222,115,000 72,111,000
Net interest income 325,957,000 326,464,000 266,665,000
Provision for credit losses 60,460,000 61,277,000 13,945,000
Net interest income after provision for credit losses 265,497,000 265,187,000 252,720,000
Noninterest income      
Deposits and service fees 20,156,000 19,376,000 18,592,000
Brokerage, advisory and fiduciary activities 17,984,000 17,057,000 17,708,000
Gain on early extinguishment of advances from the Federal Home Loan Bank, net 1,617,000 40,084,000 10,678,000
Loan level derivative income 7,044,000 4,580,000 10,360,000
Change in cash surrender value of bank owned life insurance 9,280,000 5,173,000 5,406,000
Cards and trade finance servicing fees 5,514,000 3,067,000 2,276,000
Derivative (losses) gains, net (196,000) 28,000 455,000
Securities losses, net (76,855,000) (10,989,000) (3,689,000)
Gain on sale of Houston Franchise 12,636,000 0 0
Other noninterest income 12,729,000 9,120,000 5,491,000
Total noninterest income 9,909,000 87,496,000 67,277,000
Noninterest expense      
Salaries and employee benefits 137,082,000 133,506,000 123,510,000
Occupancy and equipment 27,127,000 27,843,000 27,393,000
Professional and other services fees 51,088,000 34,569,000 22,142,000
Telecommunication and data processing 12,223,000 15,485,000 14,735,000
Advertising expenses 14,492,000 12,811,000 11,620,000
Loan level derivative expense 2,420,000 1,910,000 8,146,000
Contract termination costs 0 1,550,000 7,103,000
FDIC assessments and insurance 11,575,000 10,601,000 6,598,000
Depreciation and amortization 6,600,000 6,842,000 5,883,000
Other real estate owned and repossessed assets expense, net 4,837,000 2,092,000 3,408,000
Losses on loans held for sale carried at the lower of cost or fair value 13,900,000 43,057,000 159,000
Other operating expenses 18,146,000 21,089,000 10,716,000
Total noninterest expenses 299,490,000 311,355,000 241,413,000
(Loss) income before income tax benefit (expense) (24,084,000) 41,328,000 78,584,000
Income tax benefit (expense) 8,332,000 (10,539,000) (16,621,000)
Net (loss) income before attribution of noncontrolling interest (15,752,000) 30,789,000 61,963,000
Noncontrolling interest 0 (1,701,000) (1,347,000)
Net (loss) income attributable to Amerant Bancorp Inc. (15,752,000) 32,490,000 63,310,000
Other comprehensive income (loss), net of tax      
Net unrealized holding (losses) gains on debt securities available for sale arising during the period (19,531,000) 9,357,000 (97,151,000)
Net unrealized holding gains (losses) on cash flow hedges arising during the period 230,000 (15,000) 220,000
Reclassification adjustment for items included in net income 50,291,000 497,000 1,079,000
Other comprehensive income (loss) 30,990,000 9,839,000 (95,852,000)
Comprehensive income (loss) $ 15,238,000 $ 42,329,000 $ (32,542,000)
(Loss) Earnings Per Share (Note 23)      
Basic (Loss) earnings per common share (in dollars per share) $ (0.44) $ 0.97 $ 1.87
Diluted (Loss) earnings per common share (in dollars per share) $ (0.44) $ 0.96 $ 1.85

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