Atlantic Coast Federal Corporation Reports Second Quarter Results.

Business Wire › July 24, 2007

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Atlantic Coast Federal Corporation Reports Second Quarter Results.

WAYCROSS, Ga. -- Atlantic Coast Federal Corporation (NASDAQ:ACFC), the holding company for Atlantic Coast Bank, today announced financial results for the second quarter and six months ended June 30, 2007, highlighted by ongoing growth in the Company's loan portfolio. Largely as a result of higher non-interest expenses related to the Company's recent organizational changes, including additions to its executive management, branch and service personnel to position the Company for future growth, and higher outside professional services, as well as higher provision for loan losses, t...

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