Atlantic Coast Financial CORP
Financials · Savings Institution, Federally Chartered · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | $63.3M |
| Net income | $3.2M | $6.4M | $7.7M | $1.3M | −$11.4M | −$6.7M |
| Total assets | $983.3M | $907.5M | $857.2M | $706.5M | $733.6M | $772.6M |
| Total liabilities | $892.6M | $820.4M | $776.5M | $634.2M | $668.1M | $732.4M |
| Equity | $90.7M | $87.0M | $80.7M | $72.3M | $65.5M | $40.3M |
| EPS (diluted) | $0.21 | $0.42 | $0.50 | $0.09 | $-3.23 | $-2.67 |
| Shares out. | 15.6M | 15.5M | 15.5M | 15.5M | 2.6M | 2.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2017- Operating margin
- —
- Net margin
- —
- Return on equity
- 3.5%
- Return on assets
- 0.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 90.8%
- Debt / equity
- 9.85×
- Book value / share
- $5.83
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −50.6%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2017- Accruals / assets
- −2.0%clean
- Piotroski F-Score
- 3/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 1 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 11-Kmissed a reporting deadline ↗Jun 29, 2011
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2011
- NT 11-Kmissed a reporting deadline ↗Jun 23, 2008
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Bhasin DevinderDirector | May 2, 2018 | Grant | 190 | $10.26 |
| Bhasin DevinderDirector | Apr 4, 2018 | Grant | 189 | $10.30 |
| Bhasin DevinderDirector | Mar 1, 2018 | Grant | 188 | $10.39 |
| Stephens John Kenneth Jr.Officer — President and CEO | Feb 15, 2018 | Tax withholding | 653 | $10.53 |
| Keegan Tracy LOfficer — Executive VP & CFO | Feb 15, 2018 | Tax withholding | 233 | $10.53 |
| Bhasin DevinderDirector | Feb 5, 2018 | Grant | 188 | $10.38 |
| Hogan James DDirector | Jan 26, 2018 | Grant | 600 | $10.57 |
| Dolan John JDirector | Jan 26, 2018 | Grant | 600 | $10.57 |
| Palmer W EricDirector | Jan 26, 2018 | Grant | 600 | $10.57 |
| Choudhrie BhanuDirector | Jan 26, 2018 | Grant | 600 | $10.57 |
| Sidhu Jay SDirector | Jan 26, 2018 | Grant | 600 | $10.57 |
| Bhasin DevinderDirector | Jan 26, 2018 | Grant | 600 | $10.57 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsMay 29, 2018
- Results of operationsMay 10, 2018
- Shareholder voteMar 22, 2018
- Other material eventMar 8, 2018
- Other material eventMar 7, 2018
- Results of operationsJan 23, 2018
- Entered a material agreement · Other material eventNov 17, 2017
- Results of operationsOct 24, 2017
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13D/AJun 11, 2018
- 15-12BJun 8, 2018
- S-8 POSMay 30, 2018
- S-8 POSMay 30, 2018
- 8-KFORM 8-KMay 29, 2018
- 25-NSE/AMay 29, 2018
- 10-QFORM 10-QMay 10, 2018
- 8-KFORM 8-KMay 10, 2018
- 4OWNERSHIP DOCUMENTMay 3, 2018
- 4OWNERSHIP DOCUMENTApr 9, 2018
- 8-KFORM 8-KMar 22, 2018
- 10-KFORM 10-KMar 16, 2018
- DEFA14ADEFINITIVE ADDITIONAL MATERIALSMar 9, 2018
- 8-KFORM 8-KMar 8, 2018
- 425FORM 8-KMar 8, 2018
Event-driven situations (1)
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