TITLE

Atlantic Coast Reports Loss, Fed's OK of Sale to Bond Street

AUTHOR(S)
Cumming, Chris
PUB. DATE
May 2013
SOURCE
American Banker;5/16/2013, Vol. 178 Issue 76, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks at the financial performance of Atlantic Coast Financial which reported a $2 million loss in first-quarter 2013 and also mentions the Federal Reserve Bank of Atlanta approved the Florida company's deal to sell itself to Bond Street Holdings. Atlantic Coast's net interest income, net interest margin, chargeoffs, and loan loss provision are noted as well as its noninterest income and noninterest expense.
ACCESSION #
87663347

 

Related Articles

  • Atlantic Coast Reports Smaller Loss as It Prepares to Be Sold. Cumming, Chris // American Banker;3/6/2013, Vol. 178 Issue 35, p1 

    The article focuses on Atlantic Coast Financial, a company in Jacksonville, Florida that reported a fourth-quarter 2012 loss of $300,000. The article notes the amounts of Atlantic Coast's net interest income, net interest margin, loan loss provision, and chargeoffs. It also notes the company has...

  • Susquehanna's Fee Income Rises 23%. Zheng, Michelle // American Banker;7/26/2013, Vol. 178 Issue F329, p16 

    The article looks at the financial performance of Susquehanna Bancshares, a community bank in Lititz, Pennsylvania that reported second-quarter 2013 earnings of $45.6 million. The bank's net interest income, net interest margin, and loan loss provision are noted. Its loan book growth,...

  • Webster in Conn. Reports Higher 3Q Earnings on Loan Growth. Cumming, Chris // American Banker;10/15/2013, Vol. 178 Issue 158, p3 

    The article looks at the financial performance of Webster Financial in Waterbury, Connecticut which reported a third-quarter 2013 profit of $44.7 million. Webster's net interest income, net interest margin, noninterest income, and mortgage revenue are noted. The company's loan loss provision and...

  • UMB in Missouri Reports Higher Earnings on Increased Fee Income. Cumming, Chris // American Banker;7/25/2013, Vol. 178 Issue 114, p6 

    The article looks at the financial performance of UMB Financial in Kansas City, Missouri which reported a second-quarter 2013 profit of $29.9 million. UMB's noninterest income, net interest income, and net interest margin are noted. The article also notes UMB's loan-loss provision, net...

  • Tax Gain Lifts Cascade in Oregon.  // American Banker;8/13/2013, Vol. 178 Issue 124, p7 

    The article looks at the financial performance of Cascade Bancorp in Bend, Oregon that reported earnings of $46.4 million in second-quarter 2013. Cascade's net interest income, net interest margin, net chargeoffs, and loan loss provision are noted. Figures for the company's noninterest income...

  • Signature in N.Y. Post Strong 1Q Results on Loan Growth. Browdie, Brian // American Banker;4/24/2013, Vol. 178 Issue 63, p6 

    The article focuses on the financial performance of Signature Bank in New York which posted a first-quarter 2013 profit of $50.6 million. The bank's net interest income, net interest margin, noninterest income, and noninterest expense are mentioned. The growth percentages for the bank's deposits...

  • Comerica Profit Steady on Credit Improvement and Cost Cuts. Cumming, Chris // American Banker;7/17/2013, Vol. 178 Issue 109, p1 

    The article looks at the financial performance of Comerica Incorporated, a lender in Dallas, Texas that earned $143 million in second-quarter 2013. The amounts of Comerica's noninterest expenses, net loan charge-offs, loan loss provision, net interest income, and noninterest income are noted as...

  • Lower Loan Losses Boost TCF in 2Q. Cumming, Chris // American Banker;7/24/2013, Vol. 178 Issue 113, p4 

    The article looks at the financial performance of TCF Financial Corp. in Wayzata, Minnesota which reported a second-quarter 2013 profit of $34.1 million. The company's net interest income, net interest margin, and loan loss provision are noted. TCF's noninterest income, fee and service charge...

  • Banc of California Reports Solid Quarter Fueled by Acquisitions. Todd, Sarah // American Banker;8/ 8/2013, Vol. 178 Issue 122, p9 

    The article looks at the financial performance of Banc of California, a holding company for Pacific Trust Bank and Beach Business Bank that reported second-quarter 2013 earnings of $4.4 million. Banc of California's net interest income, net interest margin, and loan-loss provision are noted...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics