Ameris Bancorp (ABCB) financial statements (2020 and earlier)

Company profile

Business Address 3490 PIEDMONT RD
ATLANTA, GA 30305
State of Incorp. GA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5981,324661397776165
Cash and cash equivalents5981,324661397776165
Disposal group, including discontinued operation     95
Total current assets:5981,324661397776260
Noncurrent Assets
Operating lease, right-of-use asset39
Property, plant and equipment23314511812112297
Intangible assets, net (including goodwill)1,11562115316012472
Goodwill9325031261269064
Intangible assets, net (excluding goodwill)1831172735348
Deferred income tax assets2
Total noncurrent assets:1,389766270282246169
Other undisclosed assets16,2559,3536,9256,2144,5673,608
TOTAL ASSETS:18,24311,4447,8566,8925,5894,037
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt212031546473
Total current liabilities:212031546473
Noncurrent Liabilities
Other undisclosed liabilities15,7529,9677,0216,1925,0113,598
Total liabilities:15,7739,9877,0526,2465,0743,671
Stockholders' equity
Stockholders' equity attributable to parent2,4701,456804646515366
Common stock724939363428
Treasury stock, value(35)(17)(14)(14)(12)(12)
Additional paid in capital1,9071,052508410337225
Accumulated other comprehensive income (loss)18(5)(1)(1)36
Retained earnings508377273214153118
Total stockholders' equity:2,4701,456804646515366
TOTAL LIABILITIES AND EQUITY:18,24311,4447,8566,8925,5894,037

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues636416392338270223
Net investment income636413294239190165
Financial services revenue98998058
Cost of revenue(20)(17)(8)(4)(5)(6)
Provision for loan, lease, and other losses(20)(17)
Financial services costs(8)(4)(5)(6)
Gross profit:617399384334265217
Operating expenses (101)(197)(181)(150)(121)
Other operating expense, net
(Other Expenses)
     (44)
Operating income:61729818715311553
Nonoperating income (expense)0(0)000(5)
Investment income, nonoperating0(0)0000
Losses on sales of other real estate     (5)
Interest and debt expense(131)(70)(34)(20)(15)(15)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(274)(76)(28)(28)(43)23
Income from continuing operations before income taxes:2121511241055756
Income tax expense(50)(30)(51)(33)(16)(17)
Net income attributable to parent:16112174724139
Other undisclosed net loss available to common stockholders, basic     (0)
Net income available to common stockholders, diluted:16112174724138

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:16112174724139
Other comprehensive income (loss)23(3)(0)(4)(3)6
Comprehensive income:18411873683845
Other undisclosed comprehensive income, net of tax, attributable to parent    5 
Comprehensive income, net of tax, attributable to parent:18411873684445

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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