Bailout Bank Bio: Ameris Bancorp

Dec 12, 2008 | 1 min read | Print Article

Ameris Bancorp is a financial holding company for the Ameris Bank, operating 46 banking offices in Georgia, Alabama, northern Florida, and South Carolina. Ameris Bancorp is headquartered in Moultrie, Georgia. On November 21, 2008 Ameris completed its agreement with the Treasury Department to sell $52 million worth of preferred shares through the Capital Purchase Program and a ten-year warrant to purchase up to 679,443 shares of the Company’s common stock.

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Bailout Bank Bio: Ameris Bancorp


Federal Equity Investment	$52 million
Total Revenue	$163.97 million (2007)
Net Income	$15.15 million (2007)
Number of Employees	601
Corporate Headquarters	Moultrie, Georgia
Business Sector	Financial
Officers and Directors	Edwin W. Hortman Jr., President, Chief Executive Officer, Director Dennis J. Zember Jr., Chief Financial Officer, Executive Vice President C. Johnson Hipp III, Group President of South Carolina and Mortgage Business Division Marc J. Bogan, Chief Operating Officer, Executive Vice President
Corporate Website	http://www.amerisbank.com
Executive Compensation	Ameris Bancorp