---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-015397"
form_type: "8-K"
ticker: "ABCB"
cik: "0000351569"
company_name: "Ameris Bancorp"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:40:41.761864+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ameris Bancorp Q1 net income $60.4M ($0.87 EPS); credit provision surges to $49.7M

## Summary
- Net income $60.4M ($0.87 diluted EPS) vs $81.7M ($1.17) in Q1 2022; provision for credit losses rose to $49.7M from $6.2M YoY.
- Net interest margin 3.76% (down from 4.03% in Q4 2022); total deposits grew $434.7M (8.9% annualized) to $19.90B.
- Tangible book value per share increased $0.87 to $30.79; TCE ratio 8.55% vs 8.67% at Dec 31, 2022.
- Redeemed $75M 5.75% fixed-to-floating subordinated notes due 2027 (rate 8.39% floating) with existing liquidity.
- Nonperforming assets stable at 0.61% of assets; net charge-off ratio 22 bps vs 8 bps in prior quarter.

## SEC filing metadata
- accession: 0000950170-23-015397
- form_type: 8-K
- ticker: ABCB
- cik: 0000351569
- company_name: Ameris Bancorp
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351569/000095017023015397/0000950170-23-015397-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351569/000095017023015397/abcb-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-015397
- JSON: https://secwatch.observer/filing/0000950170-23-015397.json
- Plain text: https://secwatch.observer/filing/0000950170-23-015397.txt

## Key facts
- Earnings Releases
  Ameris Bancorp reported quarter ended March 31, 2023 results: net income $60.4 million, EPS $0.87 per diluted share.
  - Period: quarter ended March 31, 2023
  - Net income: $60.4 million
  - EPS: $0.87 per diluted share
  - Result: reported results
  source text: Ameris Bancorp (Nasdaq: ABCB) (the "Company") today reported net income of $60.4 million, or $0.87 per diluted share, for the quarter ended March 31, 2023, compared with $81.7 million, or $1.17 per diluted share, for the quarter ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/351569/000095017023015397/0000950170-23-015397-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.