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, 2017, we had approximately $7.86 billion in total assets, $6.24 billion in total loans, $6.63 billion in total deposits and $804.5 million of shareholders' 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
03/20182.110.10025.07
12/20171.980.10024.34
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.14Total Liab/Total Assets0.90
Net Inc/Total Assets0.01Total Liab/Inv Cap0.93
Net Inc/Inv Cap0.01Total Liab/Comm Equity13.24
Pretax Inc/Net Sales0.31Interest Coverage Ratio9.66
Net Inc/Net Sales0.18Curr Debt/Equity0.35
Cash Flow/Net Sales-0.16LTD/EquityNA
SG&A/NetSales0.53Total Debt/Equity0.35
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&E2.95  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 105.98 103.13 103.32 99.60
Cost of Goods Sold 6.77 6.40 5.14 4.58
Selling & Admin Exps 57.33 42.62 62.73 54.73
Operating Income NA NA NA NA
Interest Exp 3.94 3.64 4.33 3.67
Pretax Income 34.37 31.21 28.30 33.40
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 26.66 9.15 20.16 23.09

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 1,183.46 1,141.53 1,063.51 1,096.00
Receivables - Total NA NA NA NA
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 132.28 135.21 138.80 143.92
Total Assets 8,022.83 7,856.20 7,649.82 7,397.86
Liabilities        
Accounts Payable NA NA NA NA
Debt in Current Liabilities 578.81 281.19 822.73 697.99
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 7,153.88 7,051.72 6,847.90 6,615.18
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 39.82 38.74 38.71 38.70
Retained Earnings 296.37 273.12 267.69 251.26
Treasury Stock -15.46 -14.50 -14.50 -14.50
Total Stockholders' Equity 868.94 804.48 801.92 782.68
Total Liabilities and Stockholders' Equity 8,022.83 7,856.20 7,649.82 7,397.86

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 48.50 33.12 -27.36 -81.58
Net Cash Provided by Investing Activities -158.31 -132.18 -229.19 -281.10
Net Cash Provided by Financing Activities 114.03 185.81 223.15 280.78

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013172.8720.020.75
12/2014227.4038.721.02
12/2015275.9840.851.27
12/2016344.8772.102.08
12/2017398.8073.551.98
Growth Rates23.2438.4527.47

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1823235,47286.58




Report Date : 6/18/2018

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