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Wednesday, November 25, 2009, 4:59PM ET - U.S. Markets Closed. Dow Up 0.29% Nasdaq Up 0.32%
Atlantic Bancgroup Inc. (ATBC)At 10:05AM ET: 5.40  Down 0.09 (1.64%)  
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Atlantic Bancgroup Inc.
1315 South Third Street
Jacksonville Beach, FL 32250
United States - Map
Phone: 904-247-9494
Web Site: http://www.oceansidebank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Savings & Loans
Full Time Employees:47

BUSINESS SUMMARY 
Atlantic BancGroup, Inc. operates as the holding company for Oceanside Bank, which provides commercial banking services primarily in Duval and St. Johns counties of Florida. The company principally engages in receiving demand and time deposits, and originating loans. It offers various deposit accounts, including demand deposit accounts, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and various retirement accounts. The company provides residential and nonresidential mortgages, home equity loans, one- to-four family residential loans, multifamily residential loans, and nonfarm nonresidential property loans, as well as construction, land development, and other land loans; commercial loans for working capital, equipment purchases, and various other business purposes; and consumer and other loans. In addition, it offers online banking, telephone banking, automated teller machines, remote deposit capture, ACH origination, and lock-box cash management services. Atlantic BancGroup offers its products and services to individuals, small and medium-sized businesses, professionals, and other local organizations. As of May 14, 2009, it operated four locations in the Jacksonville Beaches and East Jacksonville, Florida. The company was founded in 1997 and is based in Jacksonville Beach, Florida.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Barry W. Chandler , 58
    Chief Exec. Officer, Pres, Director, Chairman of Oceanside Bank, Chief Exec. Officer of Oceanside Bank and Pres of Oceanside Bank
    $ 205.00KN/A
    Mr. David L. Young , 63
    Chief Financial Officer, Exec. VP, Corp. Sec., Chief Financial Officer of Oceanside Bank and Exec. VP of Oceanside Bank
    $ 122.00KN/A
    Mr. Grady R. Kearsey , 64
    Exec. VP of Oceanside Bank and Sr. Loan Officer of Oceanside Bank
    $ 150.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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