Atlantic Coast Bank

4655 Salisbury Road, Suite 110
Jacksonville, FL 32256

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 45826
Date Established 1939
Assets $0.91 billion
Loans $0.79 billion
Deposits $0.69 billion
Capital $0.09 billion

Atlantic Coast Bank is an FDIC insured institution located in Jacksonville, FL. It was founded in 1939 and has approximately $0.91 billion in assets. Customers can open an account at one of its 11 branches.

For a more detailed analysis of Atlantic Coast Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Atlantic Coast Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.

Compared to other banks in Florida, Atlantic Coast Bank has a significantly higher percent of Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 42.53
Multifamily
Mortgages
9.43
Credit Card Loans 0.00
Consumer Auto Loans 0.59
Small Business Loans 3.34
Construction and Development Loans 5.85
Commercial Real Estate 25.38
Commercial and Industrial Loans 4.37
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.30% $1,000 $99,999 Learn MoreShow Less
3 Mo CD 100K
0.40% $100,000 - Learn MoreShow Less
6 Mo CD 10K
0.35% $1,000 $99,999 Learn MoreShow Less
6 Mo CD 100K
0.45% $100,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.06% $50 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.45% $1,000 - Learn MoreShow Less
Special: 13 Mo FIRA
1.36% $10,000 - Learn MoreShow Less
Special: 18 Mo FIRA
1.00% $20,000 - Learn MoreShow Less
Special: 30 Mo FIRA
1.27% $1,000 - Learn MoreShow Less
Special: 33 Mo FIRA
1.34% $1,000 - Learn MoreShow Less
Special: 60 Mo FIRA
2.26% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.20% $5 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.20% $2,500 $9,999 Learn MoreShow Less
MM 10K
0.30% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.40% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.11% $2,500 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Atlantic Coast Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Poli Mortgage Group Inc
NMLS ID: 1979
License#: MC-5501
3.875% 3.875% 0.00 $0 $1,176 Learn More
Cornerstone Home Lending
NMLS ID: 119622
License#: MC-4673
4.000% 4.000% 0.00 $0 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Atlantic Coast Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Atlantic Coast Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Atlantic Coast Bank Locations

Financial Details

Atlantic Coast Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Atlantic Coast Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Atlantic Coast Bank U.S. Bank Average
10.34% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Atlantic Coast Bank had $9,830,000 in non-current loans and $242,000 in owned real estate. To cover these potential losses it had $89,219,000 in equity and $8,220,000 in loans loss reserves. That gives it a Texas Ratio of 10.34%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Atlantic Coast Bank U.S. Bank Average
6.42% 8.58

Atlantic Coast Bank has a Return on Equity of 6.42% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Atlantic Coast Bank U.S. Bank Average
9.77% 12.11

Atlantic Coast Bank has a Capitalization of 9.77% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Atlantic Coast Bank Balance Sheet Analysis

As of June 30, 2017, Atlantic Coast Bank had assets of $913,418,000, loans of $788,246,000, and deposits of $690,119,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Atlantic Coast Bank

Branches and Savings

Is Atlantic Coast Bank FDIC insured?

Yes. It is covered under FDIC Certificate #45826.

Why does Atlantic Coast Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Atlantic Coast Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Atlantic Coast Bank a commercial bank?

Yes

Where are Atlantic Coast Bank locations?

See branch locations nearby.

Is Atlantic Coast Bank open on Saturdays?

Is Atlantic Coast Bank open on Sundays?

What time does Atlantic Coast Bank open?

What time does Atlantic Coast Bank close?

Are Atlantic Coast Bank ATMs Open 24/7?

Do Atlantic Coast Bank ATMs accept cash deposits?

Can Atlantic Coast Bank customers use other ATMs?

Do Atlantic Coast Bank branches have notaries?

Will Atlantic Coast Bank notarize my document?

What address for Atlantic Coast Bank should I put for incoming ACH transfers?

Will the Atlantic Coast Bank branch print checks?

Do Atlantic Coast Bank checks expire?

Does Atlantic Coast Bank require US citizenship to open account?

Can Atlantic Coast Bank close my account?

Does Atlantic Coast Bank Report to credit bureaus?

Does Atlantic Coast Bank Use Equifax?

What is Atlantic Coast Bank's ACH Routing Number?

What is Atlantic Coast Bank's SWIFT code?

Products

Does Atlantic Coast Bank offer mortgages?

Compare mortgage rates here.

Does Atlantic Coast Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Atlantic Coast Bank offer personal loans?

Compare personal loan rates here.

Does Atlantic Coast Bank offer student loans?

Will Atlantic Coast Bank cash a check?

Will Atlantic Coast Bank redeem a savings bond?

Does Atlantic Coast Bank cash savings bonds?

Will Atlantic Coast Bank cash money orders?

Can Atlantic Coast Bank issue a money order?

Does Atlantic Coast Bank do currency exchange?

Background on The Bank

Who owns Atlantic Coast Bank?

How long has Atlantic Coast Bank been around?

Can Atlantic Coast Bank transfer to other banks?

Does Atlantic Coast Bank have quick pay?

Does Atlantic Coast Bank accept rolled coins?

Will Atlantic Coast Bank accept loose change?

Where is Atlantic Coast Bank headquarters?

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