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Atlantic Coast Financial information


Atlantic Coast Financial Corporation
Company typePublic
Traded as
Nasdaq: ACFC
IndustryBanking, Financial Services
PredecessorsAtlantic Coast Federal Corporation, Atlantic Coast Federal MHC, Atlantic Coast Federal, Atlantic Coast Federal Credit Union
FoundedWaycross, Georgia, U.S.
(1939)[1]
SuccessorsAmeris Bancorp
Headquarters
4655 Salisbury Rd, Suite 110
Jacksonville, Florida
,
U.S.
Area served
Northeast Florida
Southeast Georgia
Key people
J.J. Dolan (Chairman)
J.S. Sidhu (Vice Chairman)
J.K. Stephens, Jr. (President and CEO)
T.L. Keegan (Executive Vice President and CFO)
ProductsPersonal banking
Business banking
Net income
US$ 6.4 million (for the year ended December 31, 2016)[2]
Total assetsIncreaseUS$ 907.5 million (as of December 31, 2016)[2]
Total equityIncreaseUS$ 87.0 million (as of December 31, 2016)[2]
Number of employees
174 (as of December 31, 2016)[2]
Websiteatlanticcoastbank.net

Atlantic Coast Financial Corporation was an American publicly traded bank holding company headquartered in Jacksonville, Florida (a Maryland corporation) and listed on the NASDAQ Stock Market (Nasdaq: ACFC), which wholly owned Atlantic Coast Bank. In 2018, Ameris Bancorp completed its acquisition of Atlantic Coast Bank.[3] The banks services were focused primarily on personal banking and business banking in the Northeast Florida, Central Florida and Southeast Georgia regions. The company has been recognized by the Jacksonville Business Journal as one of north Florida's "Best Places to Work" in both 2015 and 2016, and was also selected as one of Florida's "Best Companies" by Florida Trend Magazine in July 2016.

  1. ^ "Corporate Profile". Atlantic Coast Financial Corporation via www.snl.com. Retrieved March 31, 2016.
  2. ^ a b c d "Atlantic Coast Financial Corporation Annual Report on Form 10-K (as filed with the Securities and Exchange Commission on March 14, 2017)". Atlantic Coast Financial Corporation. Retrieved March 16, 2016.
  3. ^ "Mergers & Acquisitions". Ameris Bancorp. Retrieved 10 June 2018.

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