Atlantic Coast Financial (ACFC) Annual Income Statement

Annual · GAAP · USD millions
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This page allows investors to track Atlantic Coast Financial's income statement performance across multiple reporting periods.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2017)
2017
(Dec 31 2016) (Dec 31 2015) (Dec 31 2014) (Dec 31 2013)
Revenues
Interest and Fee Income, Loans and Leases32.81
Interest and Dividend Income, Securities, Operating1.56
Total Interest Income34.37
Interest Expense, Deposits5.17
Interest Expense, Securities Sold under Agreements to Repurchase0.00
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Long-term2.21
Interest Expense, Other0.00
Net Interest (-)Expense / Income-7.38
Net Interest Income26.99
Provision for loan losses0.69
Total Net Interest Income26.30
Fees and Commissions1.77
Other Non-interest Income1.23
Gain (Loss) on Disposition of Assets and Other Investments0.00
Loss / Gain on Investment2.64
Other Non-Interest Income1.31
Total Non-interest Income6.99
Total Revenues33.29
Costs & Expenses
Salaries & employee benefits, SGA13.87
Restructuring, Accretion & impairment charges0.45
Depreciation & Amortization0.00
Foreclosed Real Estate Expense0.28
Information Technology and Data Processing2.32
Professional Fees and Commission2.43
Federal Deposit Insurance Corporation Premium Expense0.38
Other Noninterest Expense3.43
Other loss /-income2.40
Total Operating Expenses25.56
Total Costs & Expenses32.94
Income & Taxes
Income /-loss before income taxes7.73
Income taxes expenses/-benefit4.56
Income after income taxes3.17
Income /-loss after income taxes3.17
Net Income/-loss3.17
Income/-loss to shareholder3.17
Earnings Per Share
Basic EPS (excl. extra items)0.21
Basic Net EPS0.21
Basic shares outstanding (Mill. of Units)15.55
Diluted Net EPS0.21
Diluted average shares (Mill. of Units)15.43
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About ACFC Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.