ABCB Ameris Bancorp

 

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))

 

 

Item 8.01

Other Events.

 

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.

 

(d)

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

 

Exhibit No.

Exhibit

 

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.