Atlantic Coast Financial Corporation Reports Record Earnings

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Atlantic Coast Financial Corporation (“Atlantic Coast” or the “Company,”)(NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the “Bank”), today reported earnings per diluted share of $0.36 and $0.39 for the second quarter and first six months of 2015, respectively, up from $0.02 and $0.03 for second quarter and first six months of 2014, respectively. This marked the sixth consecutive profitable quarter for the Company following its successful capital raise in December 2013.