Ameris Bancorp (ABCB) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,0985981,324661397776
Cash and cash equivalents2,0985981,324661397776
Total current assets:2,0985981,324661397776
Noncurrent Assets
Operating lease, right-of-use asset7439
Property, plant and equipment223233145118121122
Intangible assets, net (including goodwill)1,0721,115621153160124
Goodwill92893250312612690
Intangible assets, net (excluding goodwill)144183117273534
Deferred income tax assets332
Total noncurrent assets:1,4021,389766270282246
Other undisclosed assets16,93916,2559,3536,9256,2144,567
TOTAL ASSETS:20,43918,24311,4447,8566,8925,589
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt122120315464
Total current liabilities:122120315464
Noncurrent Liabilities
Other undisclosed liabilities17,78015,7529,9677,0216,1925,011
Total liabilities:17,79215,7739,9877,0526,2465,074
Stockholders' equity
Stockholders' equity attributable to parent2,6472,4701,456804646515
Common stock727249393634
Treasury stock, value(43)(35)(17)(14)(14)(12)
Additional paid in capital1,9131,9071,052508410337
Accumulated other comprehensive income (loss)3418(5)(1)(1)3
Retained earnings672508377273214153
Total stockholders' equity:2,6472,4701,456804646515
TOTAL LIABILITIES AND EQUITY:20,43918,24311,4447,8566,8925,589

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues727636416392338270
Net investment income727636413294239190
Financial services revenue989980
Cost of revenue(126)(20)(17)(8)(4)(5)
Provision for loan, lease, and other losses(126)(20)(17)
Financial services costs(8)(4)(5)
Gross profit:600617399384334265
Operating expenses  (101)(197)(181)(150)
Operating income:600617298187153115
Nonoperating income (expense)
(Investment Income, Nonoperating)
00(0)000
Interest and debt expense(89)(131)(70)(34)(20)(15)
Other undisclosed loss from continuing operations before equity method investments, income taxes(171)(274)(76)(28)(28)(43)
Income from continuing operations before income taxes:34021215112410557
Income tax expense(78)(50)(30)(51)(33)(16)
Net income available to common stockholders, diluted:262161121747241

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:262161121747241
Other comprehensive income (loss)1623(3)(0)(4)(3)
Comprehensive income:277184118736838
Other undisclosed comprehensive income, net of tax, attributable to parent     5
Comprehensive income, net of tax, attributable to parent:277184118736844

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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