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Press Releases

FirstAtlantic Financial Holdings, Inc. Names Thomas H. Coley Vice Chairman

Posted on 6/19/2016 by

JACKSONVILLE, FL – FirstAtlantic Financial Holdings, Inc. (OTCQX: FFHD) today announced that Thomas H. Coley has been named Vice Chairman of its board of directors.

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FirstAtlantic Financial Holdings, Inc. Reports First Quarter Results

Posted on 4/20/2016 by

JACKSONVILLE, FL (April 20, 2016) – FirstAtlantic Financial Holdings, Inc. (OTCQX: FFHD), today reported net income of $738,000 or $.12 per common share for the first quarter of 2016 compared to net income of $.17 per share in the previous year’s first quarter. The decline in year over year net income is attributable primarily to a non-recurring gain on loan sale occurring in the previous year. Excluding nonrecurring items and loan loss provision expense, core earnings increased by 12% over the first quarter of 2015. Core earnings growth was fueled by a $305,000 increase in net interest income as a result of $32 million in asset growth.

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FirstAtlantic Bank Announces Officer Promotions

Posted on 3/4/2016 by

Contact: Dena Kapperman, Marketing Director
Phone: (904) 421-3749


JACKSONVILLE, FL (March 24, 2016) – FirstAtlantic Bank announces the promotion of two employees to assistant financial center manager and banking officer.

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FirstAtlantic is the only Bank on the University of Georgia Bulldog 100 List

Posted on 3/3/2016 by

Contact: Dena Kapperman, Marketing Director
Phone: (904) 421-3749


JACKSONVILLE, FL (February 3, 2013) – FirstAtlantic Bank was the only bank included on the list of fastest-growing businesses owned or operated by a University of Georgia graduate during the 2016 Bulldog 100 Celebration January 30th at the Atlanta Marriott Marquis in downtown Atlanta.

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FirstAtlantic Financial Holdings, Inc. Declares Quarterly Cash Dividend Payment to Shareholders

Posted on 2/19/2016 by

Contact: Dena Kapperman, Marketing Director
Phone: (904) 421-3749


JACKSONVILLE, FL (February 19, 2016) – FirstAtlantic Financial Holdings, Inc. (OTCQX: FFHD), the holding company for FirstAtlantic Bank, today announced that the Company has declared a cash dividend of $.03 per share on the Company’s common stock. The Company currently expects to pay dividends on a quarterly basis. The annualized amount of $.12 represents a 20% annualized increase over the $.10 annual dividend paid April 28, 2015.

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FirstAtlantic Financial Holdings, Inc. Reports 2015 Results

Posted on 2/1/2016 by

Contact: Dena Kapperman, Marketing Director
Phone: (904) 421-3749


JACKSONVILLE, FL (February 1, 2016) – FirstAtlantic Financial Holdings, Inc. (OTCQX: FFHD), today reported net income for year-end 2015 totaling $3.6 million or $.60 per common share, an increase of 42% per share from the previous year.

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