Company Information

  

Address: 24 2/ND/ AVENUE  
City: MOULTRIE 
State: GA 
Zip Code: 31768 
Telephone: 912-890-1111 

Description of Business

Primary SIC Code: 6022
(As filed with the SEC)  

We are a financial holding company whose business is conducted primarily through our wholly owned banking subsidiary, Ameris Bank (the "Bank"), which provides a full range of banking services to its retail and commercial customers who are primarily concentrated in select markets in Georgia, Alabama, Florida and South Carolina. Ameris was incorporated on December 18, 1980 as a Georgia corporation. The Company's executive office is located at 310 First St., S.E., Moultrie, Georgia 31768, our telephone number is (229) 890-1111 and our internet address is www.amerisbank.com. We operate 97 domestic banking offices. We do not operate in any foreign countries. At December 31, 2016, we had approximately $6.89 billion in total assets, $5.37 billion in total loans, $5.58 billion in total deposits and $646.4 million of stockholders' equity. Our deposits are insured, up to applicable limits, by the Federal Deposit Insurance Corporation (the "FDIC").  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20172.330.10020.69
03/20172.300.10020.04
12/20162.080.10020.96
09/20161.990.10017.56
06/20161.870.05015.88
03/20161.320.05022.41
12/20151.270.05026.76
09/20151.230.05023.37

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.17Total Liab/Total Assets0.91
Net Inc/Total Assets0.01Total Liab/Inv Cap0.98
Net Inc/Inv Cap0.01Total Liab/Comm Equity14.42
Pretax Inc/Net Sales0.31Interest Coverage Ratio15.45
Net Inc/Net Sales0.21Curr Debt/Equity0.84
Cash Flow/Net Sales-0.20LTD/EquityNA
SG&A/NetSales0.57Total Debt/Equity0.84
Asset Utilization   Liquidity  
Net Receivables TurnoverNAQuick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E2.38  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 99.60 92.76 87.23 91.07
Cost of Goods Sold 4.58 3.76 3.68 3.07
Selling & Admin Exps 54.73 51.66 43.73 52.21
Operating Income NA NA NA NA
Interest Exp 3.67 2.70 2.00 2.07
Pretax Income 33.40 31.37 25.16 31.92
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 23.09 21.15 18.18 21.56

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 1,096.00 1,189.97 1,021.12 1,052.20
Receivables - Total NA NA NA NA
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 143.92 143.74 144.63 147.71
Total Assets 7,397.86 7,094.86 6,892.03 6,493.50
Liabilities        
Accounts Payable NA NA NA NA
Debt in Current Liabilities 697.99 566.08 545.83 416.11
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 6,615.18 6,336.64 6,245.59 5,850.91
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 38.70 38.60 36.38 36.35
Retained Earnings 251.26 231.89 214.45 199.77
Treasury Stock -14.50 -14.62 -13.61 -13.61
Total Stockholders' Equity 782.68 758.22 646.44 642.58
Total Liabilities and Stockholders' Equity 7,397.86 7,094.86 6,892.03 6,493.50

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -81.58 13.25 -7.52 -46.21
Net Cash Provided by Investing Activities -281.10 -24.43 -403.48 -168.54
Net Cash Provided by Financing Activities 280.78 172.00 395.32 244.29

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012187.3514.440.46
12/2013172.8720.020.75
12/2014227.4038.721.02
12/2015275.9840.851.27
12/2016344.8772.102.08
Growth Rates16.4849.5045.82

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1718430,74982.60




Report Date : 10/16/2017

Powered By Edgar Online © 2017EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.