Ameris Bancorp
 | |
 Executive offices on the banks of the St. Johns River in Jacksonville, Florida. | |
| Public company | |
| Traded as | NASDAQ: ABCB |
| Industry | Banking, Financial services |
| Predecessors |
American Banking Company ABC Holding Company ABC Bancorp |
| Founded |
October 1, 1971 (as American Banking Company) December 18, 1980 (as ABC Holding Company) Moultrie, Georgia[1] |
| Founder | Eugene M. Vereen, Jr. |
| Headquarters |
Riverplace Tower 1301 Riverplace Boulevard Jacksonville, Florida, U.S. |
Area served | Southeastern US |
Key people |
Edwin Hortman, Jr., CEO Dennis J. Zember Jr., CFO Daniel B. Jeter, Chair |
| Products | Consumer banking, corporate banking, credit cards, mortgage loans |
| Revenue |
 US$ 295 million (past four quarters as September 2016) |
|
US$ 43 million (past four quarters as September 2016) | |
| Total assets |
US$ 5.6 billion (2015)[1] |
| Total equity |
US$ 514.8 million (2015)[1] |
Number of employees | 1,304 (2015)[1] |
| Website |
amerisbank |
Ameris Bancorp is an American financial holding company headquartered in Jacksonville, Florida.[2][3] Ameris provides retail and commercial banking services to its customers in Georgia, Alabama, Florida, South Carolina and Tennessee through its wholly owned subsidiary Ameris Bank.[4] Ameris Bancorp was incorporated on December 18, 1980 as ABC Holding Company to act as parent company to American Banking Company. As of December 31, 2015, Ameris had approximately $5.59 billion in total assets, $4.02 billion in total loans, $4.88 billion in total deposits and $514.8 million in stockholder equity.[1]
Current Operations
Ameris Bancorp operations include a range of retail and commercial banking services, including checking and savings deposits, commercial and consumer loans, trust services, discount brokerage services, and electronic funds transfer services.[5]
History
Key dates
- 1971: American Banking Company founded.[6]
- 1980: ABC Holding Company forms as parent company to American Banking Company.[6]
- 1986: ABC Holding Company changes its name to ABC Bancorp.[6]
- 1987: ABC Bancorp initiates public stock offerings.[6]
- 1994: ABC Bancorp begins being publicly traded on the NASDAQ Exchange.[6]
- 1996: ABC Bancorp expansion into Alabama.[6]
- 2000: ABC Bancorp expansion into Florida.[6]
- 2005: ABC Bancorp rebrands as Ameris Bancorp.[6]
- 2006: Ameris expansion into South Carolina.[6]
- 2008: US Treasury purchases 52,000 shares of Ameris Preferred Stock as part of the Capital Purchase Program (CPP), in connection with the Troubled Asset Relief Program (TARP).[1]
- 2009: Ameris acquired all assets and liabilities of American United Bank from the FDIC.[1]
- 2009: Ameris acquired all assets and liabilities of United Security Bank from the FDIC.[1]
- 2010: Ameris acquired all assets and liabilities of Satilla Community Bank from the FDIC.[1]
- 2010: Ameris acquired all assets and liabilities of First Bank of Jacksonville from the FDIC.[1]
- 2010: Ameris acquired all assets and liabilities of Darby Bank & Trust from the FDIC.[1]
- 2010: Ameris acquired all assets and liabilities of Tifton Banking Company from the FDIC.[1]
- 2011: Ameris acquired all assets and liabilities of One Georgia Bank from the FDIC.[1]
- 2011: Ameris acquired all assets and liabilities of High Trust Bank from the FDIC.[1]
- 2012: Ameris acquired all assets and liabilities of Central Bank of Georgia from the FDIC.[1]
- 2012: US Treasury sells all 52,000 shares of Ameris Preferred Stock in an effort to wind down its remaining TARP bank investments.
- 2012: Ameris acquired all assets and liabilities of Montgomery Bank & Trust from the FDIC.[1]
- 2013: Ameris acquired Prosperity Banking Company for approximately $24.5 million.[1]
- 2014: Ameris acquired Coastal Bankshares for approximately $37.3 million.[1]
- 2014: Ameris reacquired all 52,000 shares of outstanding Preferred Shares after the US Treasury sold to private investors in 2012.[1]
- 2015: Ameris acquired Merchants & Southern Banks of Florida for $50.0 million.[1]
- 2015: Ameris acquired 18 bank branches from Bank of America in North Florida and South Georgia.[1]
- 2015: Ameris acquired Jacksonville Bancorp.[1]
- 2016: Ameris moves its executive team to new offices in Jacksonville, Florida.[2]
- 2016: Ameris Bancorp was ranked 76th in 'Fortune's 100 Fastest-Growing Companies' list.[7]
References
- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 "Form 10-K SEC filing for fiscal year ending on December 31, 2015". ir.amerisbank.com. Ameris Bancorp. Retrieved 24 September 2016.
- 1 2 "The thinking behind Ameris Bank's decision to move its headquarters to a Downtown Jacksonville tower". Jacksonville Business Journal. Retrieved 6 October 2016.
- ↑ "Ameris Bank Celebrates Executive Team's Move to Jacksonville". Ameris Bancorp. Retrieved 6 October 2016.
- ↑ "Profile: Ameris Bancorp". Reuters. Retrieved 6 October 2016.
- ↑ "Ameris Bancorp Corporate Profile". Bloomberg.com. Bloomberg L.P. Retrieved 25 September 2016.
- 1 2 3 4 5 6 7 8 9 "History". Ameris Bancorp. Retrieved 6 October 2016.
- ↑ "100 Fastest-Growing Companies: Ameris Bancorp 76th". fortune.com. Fortune Magazine. Retrieved 7 October 2016.
External links
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