Current Report Filing (8-k)
June 18 2015 - 2:39PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): |
|
June 18, 2015 |
Ameris Bancorp
(Exact Name of Registrant as Specified in
Charter)
Georgia |
001-13901 |
58-1456434 |
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
|
|
|
310 First Street, S.E., Moultrie, Georgia |
31768 |
(Address of Principal Executive Offices) |
(Zip Code) |
Registrant’s telephone number, including area code: |
|
(229) 890-1111 |
(Former Name or Former Address, if Changed
Since Last Report)
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On June 18, 2015, Ameris Bancorp issued
the press release attached hereto as Exhibit 99.1 and incorporated herein by reference, announcing the completion by Ameris Bank,
its wholly owned banking subsidiary, of its previously announced acquisition of 18 bank branches located in South Georgia and North
Florida from Bank of America, National Association.
| Item 9.01 | Financial Statements and Exhibits. |
| 99.1 | Press
release dated June 18, 2015. |
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the Company has duly caused this Report to be signed on its behalf by the undersigned,
thereunto duly authorized.
|
AMERIS BANCORP |
|
|
|
|
|
By: |
/s/ Dennis J. Zember Jr. |
|
|
Dennis J. Zember Jr. Executive Vice President and Chief Financial Officer (principal accounting and financial officer) |
Dated: June 18, 2015
EXHIBIT INDEX
| 99.1 | Press release dated June 18, 2015. |
Exhibit 99.1
News Release
For more information contact:
Dennis J. Zember Jr.
Executive Vice President & CFO
(229) 890-1111
AMERIS BANCORP ANNOUNCES COMPLETION OF
BRANCH ACQUISITION
June 18, 2015
AMERIS BANCORP (NASDAQ-GS: ABCB), Moultrie,
Georgia, today announced the completion of its previously announced acquisition of 18 branches from Bank of America, National
Association. Deposits assumed in the transaction totaled approximately $654 million, with an additional $3.5 million in loans assumed
and $12 million in fixed assets acquired.
Commenting on the transaction, Edwin W.
Hortman, Jr., President and CEO of Ameris Bancorp, said “We are pleased to have this acquisition and conversion of the branches
behind us and look forward to servicing the new customers of Ameris Bank. Our focus now is on investing the new liquidity from
both of our recent transactions and achieving the revenue targets we established previously. Our organic loan production, combined
with the purchase of investments and whole loan pools, appear to be sufficient to have the new funds fully invested by the end
of 2015 at better than initially expected yields.”
Ameris Bancorp is headquartered in Moultrie, Georgia, and has,
as of the date of this news release, 104 locations in Georgia, Alabama, northern Florida and South Carolina.
This news release contains statements
that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “believe”, “estimate”,
“expect”, “intend”, “anticipate” and similar expressions and variations thereof identify certain
of such forward-looking statements, which speak only as of the dates which they were made. Ameris Bancorp (the “Company”)
undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and
involve risks and uncertainties and that actual results may differ materially from those indicated in the forward-looking statements
as a result of various factors. Readers are cautioned not to place undue reliance on these forward-looking statements and are referred
to the Company’s periodic filings with the Securities and Exchange Commission for a summary of certain factors that may impact
the Company’s results of operations and financial condition.
Ameris Bancorp (NASDAQ:ABCB)
Historical Stock Chart
From Apr 2024 to May 2024
Ameris Bancorp (NASDAQ:ABCB)
Historical Stock Chart
From May 2023 to May 2024