Atlantic Coast Financial (Atlantic Coast Financial) Accounts Payable & Accrued Expense : $3.28 Mil (As of Mar. 2018)

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What is Atlantic Coast Financial Accounts Payable & Accrued Expense?

Atlantic Coast Financial's quarterly accounts payable & accrued expense declined from Sep. 2017 ($3.28 Mil) to Dec. 2017 ($3.27 Mil) but then increased from Dec. 2017 ($3.27 Mil) to Mar. 2018 ($3.28 Mil).

Atlantic Coast Financial's annual accounts payable & accrued expense increased from Dec. 2015 ($3.11 Mil) to Dec. 2016 ($3.27 Mil) but then declined from Dec. 2016 ($3.27 Mil) to Dec. 2017 ($3.27 Mil).

Atlantic Coast Financial Accounts Payable & Accrued Expense Historical Data

The historical data trend for Atlantic Coast Financial's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Atlantic Coast Financial Accounts Payable & Accrued Expense Chart

Atlantic Coast Financial Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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5.21

3.42

3.11

3.27

Atlantic Coast Financial Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.69	2.08	3.28	3.27	3.28

Atlantic Coast Financial Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Atlantic Coast Financial (Atlantic Coast Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Atlantic Coast Financial Corp (NAS:ACFC) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.atlanticcoastbank.net

Atlantic Coast Financial Corp is the community bank in Northeast Florida and Southeast Georgia. It focuses on attracting deposits and investing those funds primarily in loans, including commercial real estate loans, consumer loans, first mortgages on owner-occupied, one- to four-family residences and home equity loans. Additionally, the Bank invests funds in multi-family residential loans, commercial business loans, and commercial and residential construction loans. It also invests funds in investment securities, primarily those issued by U.S. government-sponsored agencies or entities, including Fannie Mae, Freddie Mac, and Ginnie Mae. Revenues are derived principally from interest on loans and other interest-earning assets, such as investment securities.

Executives

Bhanu Choudhrie	director	4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
Jay S Sidhu	director	4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
James D Hogan	director	4655 SALISBURY ROAD, SUITE 110, JACKSONVILLE FL 32256
John J Dolan	director	201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Wagers Thomas B Sr	officer: COO of Subsidiary	6444 SUMMIT STREET, KANSAS CITY MO 64113

Atlantic Coast Financial (Atlantic Coast Financial) Headlines

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