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Ameris Bank

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Banks

About Us

Since our founding in 1971, Ameris Bank continues to experience progress, innovation, and development. We will always stay true to our roots: a high-performing community bank with an emphasis on providing exceptional customer experiences. Ameris Bancorp reported net income of $121.0 million, or $2.80 per diluted share, for the year ended December 31, 2018, compared with $73.5 million, or $1.98 per diluted share, for 2017. For the quarter ending December 31, 2018, reported results include net income of $43.5 million, or $0.91 per diluted share, compared with $9.2 million, or $0.24 per diluted share, for the same period in 2017.
Highlights of the Company’s results for 2018 include the following:
* Growth in adjusted net earnings of $53.9 million, representing a 58.5% increase over 2017
* Organic growth in loans of $482.6 million, or 8.5%, compared with $941.0 million, or 20.3%, in 2017
* Adjusted return on average assets of 1.50%, compared with 1.26% in 2017
* Adjusted return on average tangible common equity of 19.18%, compared with 14.66% in 2017
* Loan-to-deposit ratio at the end of 2018 of 88.2%, compared with 91.3% at the end of 2017
* Increase in total revenue of 26.7% to $461.8 million
* Annualized net charge-offs of 0.18% of average total loans and 0.27% of average non-purchased loans
* Year-over-year organic growth in non-interest bearing deposits of $183.5 million, or 10.3%
* Improvement in nonperforming assets, decreasing to 0.55% of total assets

Rep/Contact Info

Joe Egizio
Mortgage Banker
Josh Johnson
City President
Linda Meyer
AVP, Branch Manager
Suzanne Norris
Senior VP, Market President
Veronica Ryan
AVP, Branch Manager
Kyle Yancey
Commercial Relationship Manager