v3.26.1
Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income    
Loans $ 102,674 $ 121,021
Investment securities 27,682 18,919
Interest earning deposits with banks and other interest income 2,661 6,468
Total interest income 133,017 146,408
Interest expense    
Interest bearing demand, savings and money market deposits 26,365 27,129
Time deposits 18,254 23,858
Advances from the Federal Home Loan Bank 6,846 7,200
Senior notes 0 942
Subordinated notes 361 361
Junior subordinated debentures 910 1,014
Total interest expense 52,736 60,504
Net interest income 80,281 85,904
Provision for credit losses 7,800 18,446
Net interest income after provision for credit losses 72,481 67,458
Noninterest income    
Brokerage, advisory and fiduciary activities 5,461 4,729
Deposits and service fees 4,872 5,137
Change in cash surrender value of bank owned life insurance 2,564 2,450
Loan-level derivative income 1,531 1,508
Cards and trade finance servicing fees 1,439 1,392
Securities gains, net 516 64
Other noninterest income 998 4,245
Total noninterest income 17,381 19,525
Noninterest expense    
Salaries and employee benefits 32,040 33,347
Professional and other services fees 11,416 14,682
Occupancy and equipment 5,423 6,136
Telecommunication and data processing 3,537 3,475
Advertising expenses 2,939 3,635
FDIC assessments and insurance 2,850 3,236
Losses on loans held for sale carried at the lower of cost or fair value, net 1,823 0
Depreciation and amortization 1,517 1,588
Loan level derivative expense 1,042 360
Other real estate owned and repossessed assets (income) expense, net (232) 164
Other operating expenses 4,564 4,931
Total noninterest expenses 66,919 71,554
Income before income tax expense 22,943 15,429
Income tax expense (5,070) (3,471)
Net income attributable to Amerant Bancorp Inc. 17,873 11,958
Other comprehensive (loss) income, net of tax    
Net unrealized holding (losses) gains on debt securities available for sale arising during the period (20,019) 12,692
Net unrealized holding gains on cash flow hedges arising during the period 181 13
Reclassification adjustment for items included in net income (566) (173)
Other comprehensive (loss) income (20,404) 12,532
Comprehensive (loss) income $ (2,531) $ 24,490
Earnings Per Share (Note 13):    
Basic earnings per common share (in dollars per share) $ 0.44 $ 0.28
Diluted earnings per common share (in dollars per share) $ 0.44 $ 0.28

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