Ameris Bancorp (ABCB) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,0452,0985981,324661397
Cash and cash equivalents4,0452,0985981,324661397
Total current assets:4,0452,0985981,324661397
Noncurrent Assets
Operating lease, right-of-use asset567439
Property, plant and equipment225223233145118121
Intangible assets, net (including goodwill)1,2641,0721,115621153160
Goodwill1,013928932503126126
Intangible assets, net (excluding goodwill)2521441831172735
Deferred income tax assets 332
Total noncurrent assets:1,5461,4021,389766270282
Other undisclosed assets18,26816,93916,2559,3536,9256,214
TOTAL ASSETS:23,85820,43918,24311,4447,8566,892
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt61221203154
Total current liabilities:61221203154
Noncurrent Liabilities
Other undisclosed liabilities20,88617,78015,7529,9677,0216,192
Total liabilities:20,89217,79215,7739,9877,0526,246
Stockholders' equity
Stockholders' equity attributable to parent2,9662,6472,4701,456804646
Common stock727272493936
Treasury stock, value(52)(43)(35)(17)(14)(14)
Additional paid in capital1,9251,9131,9071,052508410
Accumulated other comprehensive income (loss)163418(5)(1)(1)
Retained earnings1,006672508377273214
Total stockholders' equity:2,9662,6472,4701,456804646
TOTAL LIABILITIES AND EQUITY:23,85820,43918,24311,4447,8566,892

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues703727636416392338
Net investment income703727636413294239
Financial services revenue9899
Cost of revenue(2)(126)(20)(17)(8)(4)
Provision for loan, lease, and other losses (126)(20)(17)
Amortization of mortgage servicing rights (msrs)(2)     
Financial services costs(8)(4)
Gross profit:701600617399384334
Operating expenses   (101)(197)(181)
Operating income:701600617298187153
Nonoperating income (expense)
(Investment Income, Nonoperating)
 00(0)00
Interest and debt expense(48)(89)(131)(70)(34)(20)
Other undisclosed loss from continuing operations before equity method investments, income taxes(157)(171)(274)(76)(28)(28)
Income from continuing operations before income taxes:496340212151124105
Income tax expense(119)(78)(50)(30)(51)(33)
Net income available to common stockholders, diluted:3772621611217472

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:3772621611217472
Other comprehensive income (loss)(18)1623(3)(0)(4)
Comprehensive income, net of tax, attributable to parent:3592771841187368

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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