Atlantic Coast Financial Corporation Returns to Profitability During First Quarter 2014

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Atlantic Coast Financial Corporation (the "Company") (NASDAQ: ACFC), the holding company for Atlantic Coast Bank (the "Bank"), today reported earnings per share of $0.01, along with continued strong capital levels and superior asset quality as of and for the three months ended March 31, 2014. This marked the first profitable quarter for the Company in more than five years.