secwatch.observer — SEC 8-K summary
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Issuer:     Ameris Bancorp (ABCB)
CIK:        0000351569
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001104659-24-082656
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ameris Bancorp Q2 net income $90.8M ($1.32 EPS); NIM expands to 3.58% from 3.51%
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- Net income $90.8M, $1.32 diluted EPS; adjusted net income $80.8M, $1.17 adjusted EPS.
- Net interest margin 3.58%, up 7 bps QoQ; net interest income (TE) $212.9M, +5.2% QoQ.
- Organic loan growth $392.3M (7.7% annualized); total deposits up $446.8M (8.6% annualized).
- Tangible book value per share $35.79, +$2.15 YTD; TCE ratio 9.72% vs 8.80% year ago.
- Annualized net charge-offs improved to 0.18% from 0.25% prior quarter; provision $18.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351569/000110465924082656/0001104659-24-082656-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351569/000110465924082656/tm2420215d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-082656

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer