Atlantic Community Bank

1 Sheridan Park Circle
Bluffton, SC 29910

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58075
Date Established 2006
Assets $0.09 billion
Loans $0.06 billion
Deposits $0.07 billion
Capital $0.01 billion

Atlantic Community Bank is an FDIC insured institution located in Bluffton, SC. It was founded in 2006 and has approximately $0.08 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of Atlantic Community 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 Community Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in South Carolina, Atlantic Community Bank has a significantly higher percent of Construction and Development Loans 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 52.10
Multifamily
Mortgages
2.36
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 0.00
Construction and Development Loans 14.94
Commercial Real Estate 27.89
Commercial and Industrial Loans 2.21
Farm Loans 0.46

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Atlantic Community Bank, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Atlantic Community 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 2018

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PenFed Credit Union
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4.585% 4.500% 0.00 $2,500 $1,267 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 4.240% $245.68 Learn More
Flagstar Bank 5.740% $291.47 Learn More

Note to Atlantic Community Bank
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Branches

Atlantic Community 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 Community Bank Locations

Financial Details

Atlantic Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Atlantic Community 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 Community Bank U.S. Bank Average
1.69% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2018, Atlantic Community Bank had $0 in non-current loans and $184,000 in owned real estate. To cover these potential losses it had $10,113,000 in equity and $796,000 in loans loss reserves. That gives it a Texas Ratio of 1.69%.

Return on Equity
Atlantic Community Bank U.S. Bank Average
4.89% 9.35%

Atlantic Community Bank has a Return on Equity of 4.89% versus the BestCashCow average of 9.35%. 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 Community Bank U.S. Bank Average
10.99% 12.01%

Atlantic Community Bank has a Capitalization of 10.99% versus the BestCashCow average of 12.01. 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 Community Bank Balance Sheet Analysis

As of March 31, 2018, Atlantic Community Bank had assets of $81,199,000, loans of $64,187,000, and deposits of $71,000,000. 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.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.06 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.07 billion
LIABILITIES
Total deposits $0.07 billion
      Interest-bearing deposits $0.03 billion
      Deposits held in domestic offices $0.07 billion
      % insured (estimated) 66.63%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.07 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Atlantic Community Bank

Branches and Savings

Is Atlantic Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58075.

Why does Atlantic Community 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 Community Bank CD rates not competitive?

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

Is Atlantic Community Bank a commercial bank?

Yes

Where are Atlantic Community Bank locations?

See branch locations nearby.

Is Atlantic Community Bank open on Saturdays?

Is Atlantic Community Bank open on Sundays?

What time does Atlantic Community Bank open?

What time does Atlantic Community Bank close?

Are Atlantic Community Bank ATMs Open 24/7?

Do Atlantic Community Bank ATMs accept cash deposits?

Can Atlantic Community Bank customers use other ATMs?

Do Atlantic Community Bank branches have notaries?

Will Atlantic Community Bank notarize my document?

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

Will the Atlantic Community Bank branch print checks?

Do Atlantic Community Bank checks expire?

Does Atlantic Community Bank require US citizenship to open account?

Can Atlantic Community Bank close my account?

Does Atlantic Community Bank Report to credit bureaus?

Does Atlantic Community Bank Use Equifax?

What is Atlantic Community Bank's ACH Routing Number?

What is Atlantic Community Bank's SWIFT code?

Products

Does Atlantic Community Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Atlantic Community Bank offer personal loans?

Compare personal loan rates here.

Does Atlantic Community Bank offer student loans?

Will Atlantic Community Bank cash a check?

Will Atlantic Community Bank redeem a savings bond?

Does Atlantic Community Bank cash savings bonds?

Will Atlantic Community Bank cash money orders?

Can Atlantic Community Bank issue a money order?

Does Atlantic Community Bank do currency exchange?

Background on The Bank

Who owns Atlantic Community Bank?

How long has Atlantic Community Bank been around?

Can Atlantic Community Bank transfer to other banks?

Does Atlantic Community Bank have quick pay?

Does Atlantic Community Bank accept rolled coins?

Will Atlantic Community Bank accept loose change?

Where is Atlantic Community Bank headquarters?

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