Inactive Instrument

American Church Mortgage Company

ACMC

US02513P1003

American Church Mortgage Company Reports Earnings Results for the First Quarter Ended March 31, 2021

May 14, 2021 at 03:43 pm

American Church Mortgage Company announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced net loss was USD 104,589 compared to net income of USD 68,402 a year ago. Basic loss per share from continuing operations was USD 0.06 compared to basic earnings per share from continuing operations of USD 0.04 a year ago.

Latest news about American Church Mortgage Company

American Church Mortgage Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	15/08/22	CI
American Church Mortgage Company Approves Initial Liquidating Distribution, Payable on August 30, 2022	11/08/22	CI
OSK XII, LLC agreed to acquire Substantially All Assets of American Church Mortgage Company for $26.1 million	26/05/22	CI
American Church Mortgage Company Reports Earnings Results for the First Quarter Ended March 31, 2022	16/05/22	CI
American Church Mortgage Company Reports Earnings Results for the Full Year Ended December 31, 2021	29/03/22	CI
American Church Mortgage Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	15/11/21	CI
American Church Mortgage Company Reports Earnings Results for the Second Quarter Ended June 30, 2021	13/08/21	CI
American Church Mortgage Company Reports Earnings Results for the First Quarter Ended March 31, 2021	14/05/21	CI
American Church Mortgage Company Reports Earnings Results for the Full Year Ended December 31, 2020	31/03/21	CI
American Church Mortgage Company Enters into A Second Amended Loan Agreement with Alerus Financial, N.A	27/01/21	CI
American Church Mortgage Company Reports Earnings Results for the Third Quarter Ended September 30, 2020	13/11/20	CI
American Church Mortgage Company Reports Earnings Results for the Second Quarter Ended June 30, 2020	13/08/20	CI
American Church Mortgage Company Approves the Election of Philip J. Myers, Michael G. Holmquist as the Nominees for Director	30/06/20	CI
American Church Mortgage Company Reports Earnings Results for the First Quarter Ended March 31, 2020	14/05/20	CI
American Church Mortgage Company Reports Earnings Results for the Full Year Ended December 31, 2019	23/04/20	CI
American Church Mortgage Company Reports Earnings Results for the Third Quarter Ended September 30, 2019	14/11/19	CI
American Church Mortgage Company Reports Earnings Results for the Second Quarter Ended June 30, 2019	14/08/19	CI
American Church Mortgage Company Enters into an Amended Loan Agreement with Alerus Financial, N.A	24/07/19	CI
American Church Mortgage Company Reports Earnings Results for the First Quarter Ended March 31, 2019	15/05/19	CI
American Church Mortgage Company Reports Earnings Results for the Full Year Ended December 31, 2018	01/04/19	CI
American Church Mortgage Co. closed an Equity Buyback in the amount of $1.04 mm	24/12/12	CI
American Church Mortgage Co. Announced An Increase In Share Buyback	17/12/12	CI
Update to American Church Mortgage Co.'s Equity Buyback Plan	14/11/12	CI
Update to American Church Mortgage Co.'s Equity Buyback Plan	14/08/12	CI
Update to American Church Mortgage Co.'s Equity Buyback Plan	15/05/12	CI

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Company Profile

American Church Mortgage Company is a real estate investment trust (REIT). The Company is engaged in the business of making mortgage loans to churches and other non-profit religious organizations throughout the United States. The principal amount of loans it offers ranges from approximately $100,000 to $2,000,000. It has made approximately 201 loans to 171 churches. Out of the 201 loans it has made, 137 loans have been repaid early by the borrowing churches. The Company also own approximately $18,093,000 principal amount of Church Bonds. It offers a range of loan types, which include 25/30-year term, 20-year term, three-year renewable term and construction one year term. The Company's business operations are managed by Church Loan Advisors, Inc. (the Advisor), which provides investment advisory.

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Specialized REITs

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