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Atlantic Coast Financial Corporation Reports Significantly Higher Earnings for the First Quarter of 2016

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 that earnings per diluted share increased to $0.10 for the first quarter ended March 31, 2016, from $0.03 for the first quarter last year.