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SAFE & SOUND® STAR RATINGS

Financial statement

ATLANTIC COMMUNITY BANK
ONE SHERIDAN PARK CIRCLE
BLUFFTON, South Carolina 29910

STAR RATING: 2 starstar
Predictive Indicator neutral
As of December 31, 2012
Federal Reserve System Identifier 3393785




Financial summary ($ in Thousands)
2012
12 months
2011
Year
2010
Year
Total Assets$80,096$92,534$95,946
Loans Receivable, Net58,83964,33570,449
Mortgage-Backed Securities05,4836,571
Investments1,0401,1571,015
Deposits62,27273,35776,025
Borrowings10,75012,25012,500
Equity6,8836,5497,008
Net Interest Income3,0403,3463,409
Fee Income201134134
Overhead2,5642,9072,893
Net Operating Income-362-1,193-1,302
Net Income-362-1,193-1,302
Ratio Analysis Profitability%%%
Return on Assets *-0.45-1.28-1.43
Operating Return on Assets *-0.45-1.28-1.43
Return on Equity *-5.33-17.74-16.05
Net Interest Margin *4.013.864.09
Fee Income / Assets *0.250.140.15
Overhead / Assets *3.163.133.19
Efficiency Ratio88.9481.2581.72
Asset Quality%%%
Nonperforming Assets / Assets3.384.723.86
Nonperforming Assets / Equity & Loss Reserves33.2356.1547.34
Loss Reserves / Nonperforming Loans112.801.911.16
1-4 Fam Mtg + MBS / Assets31.8834.7335.29
Commercial Real Estate Loans / Assets24.4524.4823.58
Construction Loans / Assets11.5011.9115.45
Commercial & Industrial Loans / Assets4.243.864.03
Consumer Loans / Assets0.310.520.62
Capitalization%%%
Equity / Assets8.597.087.30
Tangible Capital / Tangible Assets8.597.087.30
Risk-based Capital Ratio13.4811.0812.47
Liquidity%%%
Loans / Deposits94.4987.7092.67
Non-Interest Bearing Deposits / Deposits34.3528.4418.02
Purchased Liabilities18.6133.8439.60

* Calculations are based on the latest four quarters of income and expense.
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CDs Overnight Averages
Product Yield +/- Last week
6 month CD
0.41% 0.45%
1 yr CD
0.62% 0.67%
5 yr CD
1.23% 1.24%
1 yr jumbo CD
0.65% 0.64%
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