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Ameris Bancorp (ABCB) in Moultrie, Ga., has agreed to buy Coastal Bankshares in Savannah, Ga.
March 11 -
Ameris Bancorp (ABCB) in Moultrie, Ga., has received regulatory approval to buy back its remaining preferred stock tied to the Troubled Asset Relief Program.
February 24
Ameris Bancorp (ABCB) in Moultrie, Ga., has repurchased all the shares it issued under the Troubled Asset Relief Program.
The $3.7 billion-asset company said in a press release Tuesday that it had redeemed $28 million in preferred stock from private investors. Ameris issued $52 million in stock to the Treasury Department in November 2008. The Treasury
Ameris funded the redemption with capital from its Ameris Bank.
Ameris agreed in early March