Ameris Bancorp
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 28, 2025
ABCB$82.94-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets – December 31, 20 and 20 F-
Consolidated Balance Sheets
December 31, 2024 and 2023
| 2024 | 2023 | |
|---|---|---|
| Assets | ||
| Cash and due from banks | $244,980 | $230,470 |
| Interest-bearing deposits in banks | 975,397 | 936,834 |
| Cash and cash equivalents | 1,220,377 | 1,167,304 |
| Debt securities available-for-sale, at fair value, net of allowance for credit losses of $69 and $69 | 1,671,260 | 1,402,944 |
| Debt securities held-to-maturity, at amortized cost, net of allowance for credit losses of $0 and $0 (fair value of $144,028 and $122,731) | 164,677 | 141,512 |
| Other investments | 66,298 | 71,794 |
| Loans held for sale, at fair value | 528,599 | 281,332 |
| Loans, net of unearned income | 20,739,906 | 20,269,303 |
| Allowance for credit losses | (338,084) | (307,100) |
| Loans, net | 20,401,822 | 19,962,203 |
| Other real estate owned, net | 2,433 | 6,199 |
| Premises and equipment, net | 209,460 | 216,435 |
| Goodwill | 1,015,646 | 1,015,646 |
| Other intangible assets, net | 70,761 | 87,949 |
| Cash value of bank owned life insurance | 408,574 | 395,778 |
| Other assets | 502,143 | 454,603 |
| Total assets | $26,262,050 | $25,203,699 |
| Liabilities | ||
| Deposits | ||
| Noninterest-bearing | $6,498,293 | $6,491,639 |
| Interest-bearing | 15,224,155 | 14,216,870 |
| Total deposits | 21,722,448 | 20,708,509 |
| Other borrowings | 291,788 | 509,586 |
| Subordinated deferrable interest debentures, net | 132,309 | 130,315 |
| Other liabilities | 363,983 | 428,542 |
| Total liabilities | 22,510,528 | 21,776,952 |
| Commitments and Contingencies (Note 18) | ||
| Shareholders’ Equity | ||
| Preferred stock, stated value $1,000; 5,000,000 shares authorized; 0 shares issued and outstanding | — | — |
| Common stock, par value $1; 200,000,000 shares authorized; 72,699,245 and 72,516,079 shares issued | 72,699 | 72,516 |
| Capital surplus | 1,958,642 | 1,945,385 |
| Retained earnings | 1,853,428 | 1,539,957 |
| Accumulated other comprehensive income (loss), net of tax | (30,119) | (35,939) |
| Treasury stock, at cost, 3,630,636 and 3,462,738 shares | (103,128) | (95,172) |
| Total shareholders’ equity | 3,751,522 | 3,426,747 |
| Total liabilities and shareholders’ equity | $26,262,050 | $25,203,699 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.