0001144204-15-051285.txt : 20150821 0001144204-15-051285.hdr.sgml : 20150821 20150821135048 ACCESSION NUMBER: 0001144204-15-051285 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150820 FILED AS OF DATE: 20150821 DATE AS OF CHANGE: 20150821 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Atlantic Coast Financial CORP CENTRAL INDEX KEY: 0001404296 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 505 HAINES AVE CITY: WAYCROSS STATE: GA ZIP: 31501 BUSINESS PHONE: (800) 234-0642 MAIL ADDRESS: STREET 1: 505 HAINES AVE CITY: WAYCROSS STATE: GA ZIP: 31501 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stephens John Kenneth Jr. CENTRAL INDEX KEY: 0001594595 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35072 FILM NUMBER: 151068462 MAIL ADDRESS: STREET 1: 10151 DEERWOOD PARK BLVD. STREET 2: BLDG. 200 CITY: JACKSONVILLE STATE: FL ZIP: 32256 4 1 v418861_4.xml OWNERSHIP DOCUMENT X0306 4 2015-08-20 0 0001404296 Atlantic Coast Financial CORP ACFC 0001594595 Stephens John Kenneth Jr. 4655 SALISBURY ROAD, SUITE 110 JACKSONVILLE FL 32256 1 1 0 0 President and CEO Common Stock 2015-08-20 4 P 0 10000 6.20 A 30690 D Exhibit 24 - Power of Attorney By: /s/ Kathryn E. Henthorn, Attorney-in-Fact, For: John K. Stephens, Jr. 2015-08-20 EX-24 2 v418861_ex24.htm EXHIBIT 24

Exhibit 24

 

POWER OF ATTORNEY

 

Know all by these presents, that the undersigned hereby constitutes and appoints each of Kathryn E. Henthorn and Tracy L. Keegan or any of them signing singly, and with full power of substitution, the undersigned's true and lawful attorney-in-fact to:

 

(1)prepare, execute in the undersigned's name and on the undersigned's behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 or any rule or regulation of the SEC;

 

(2)execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Atlantic Coast Financial Corporation (the "Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;

 

(3)do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and

 

(4)take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney in-fact may approve in such attorney-in-fact's discretion.

 

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

 

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys in-fact.

 

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 3rd day of August, 2015.

 

 

 

 

            /s/ John K. Stephens, Jr.  
Name: John K. Stephens, Jr.