Ameris Bancorp Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 42.07M50.52M32.73M31.09M11.49M5.65M5.26M4.09M8.36M16.67M19.76M145.38M-35.37M71.70M153.51M69.84M
Revenue 132.38M124.53M166.33M172.28M162.73M212.72M261.12M325.17M364.58M461.80M703.28M1,084.25M1,020.87M1,085.45M1,077.87M1,142.45M
Interest income
Interest income - Loans 101.31M107.48M128.84M119.31M117.50M150.61M171.57M218.66M270.89M378.21M586.85M690.91M676.09M834.97M1,172.16M1,265.52M
Interest income - Investments 29.00M2.20M29.00M10.00M34.63M46.00M67.20M93.00M142.00M50.00M175.00M149.00M
Interest Income - Debt Securities 19.98M31.85M38.30M14.94M16.26M15.21M24.41M25.31M28.31M35.61M42.67M54.87M53.15M45.99M59.00M61.52M
Interest Income - Deposits 0.26M0.46M0.62M0.43M0.28M0.24M0.79M0.83M1.73M4.98M8.14M1.74M3.88M23.01M47.94M49.91M
Interest Income - Fed Funds 0.07M0.09M0.04M0.01M0.00M0.01M0.03M0.03M0.23M0.68M0.15M0.04M0.08M
Other interest income 0.06M0.12M0.11M0.03M0.23M0.06M0.21M0.13M4.73M0.49M0.91M0.10M0.17M0.46M0.35M
Interest Income - Total 114.57M119.07M141.07M129.48M126.32M164.57M190.39M239.06M294.35M413.33M636.39M726.50M703.11M893.89M1,280.43M1,378.28M
Interest expenses
Interest Expense - Deposits 38.51M28.65M25.51M13.33M8.40M9.49M9.75M12.41M19.88M49.05M102.53M59.07M22.36M56.10M356.02M484.67M
Interest Expense - Debt 2.04M1.15M2.04M1.75M1.74M5.19M5.10M7.28M14.35M20.88M28.70M29.68M25.43M36.76M89.37M44.42M
Interest Expenses 40.55M29.79M27.55M15.07M10.14M14.68M14.86M19.69M34.22M69.93M131.23M88.75M47.78M92.86M445.39M529.09M
Interest Income - Net 74.02M89.28M113.52M114.41M116.19M149.89M175.54M219.37M260.12M343.39M505.17M637.75M655.33M801.03M835.04M849.19M
Non-interest income
Interest Income - Total 31.95M38.76M80.80M83.32M104.70M144.24M170.27M215.28M251.76M326.73M485.41M492.37M690.69M729.33M692.39M790.40M
Financial Services Fees 0.53M0.81M1.25M1.43M2.15M2.65M3.75M3.58M2.88M2.97M3.57M3.91M4.19M3.88M4.40M4.76M
Service Charges 13.59M15.14M18.08M19.58M19.55M24.61M34.47M42.74M42.05M46.13M50.79M44.15M45.11M44.50M46.58M50.89M
Investment Gain (Loss) 0.87M0.20M0.24M0.21M0.17M0.09M0.04M0.09M0.14M0.01M0.52M0.20M-0.31M12.30M
Investment Banking Income 0.26M17.68M28.53M40.39M52.20M46.91M37.34M74.55M387.12M152.42M-93.13M-2.07M41.30M
Mortgage Banking 3.05M2.75M2.97M12.99M19.13M25.99M36.80M48.30M48.53M53.65M119.41M374.08M285.90M184.90M139.88M160.47M
Other Non-Interest Income 1.74M1.70M3.40M43.80M14.82M9.56M9.13M7.12M10.47M21.13M19.86M54.46M23.21M33.08M75.22M68.11M
Non-Interest Income 58.35M35.25M52.81M57.87M46.55M62.84M85.59M105.80M104.46M118.41M198.11M446.50M365.54M284.42M242.83M293.26M
Operating Items
Amortization - Intangibles 1.07M1.22M1.32M1.48M1.41M2.33M3.74M4.38M3.93M9.51M17.71M19.61M15.00M19.74M18.24M17.20M
Research & Development 6.88M7.64M10.31M10.68M11.54M15.55M19.85M24.59M27.87M30.39M38.51M46.02M45.98M49.23M53.49M59.70M
Wages, Salaries and Other 31.94M31.92M40.21M53.12M56.67M73.88M94.00M106.84M119.78M149.13M223.94M360.28M337.78M319.72M320.11M347.64M
Rent Expense 8.91M8.21M11.39M13.21M12.29M17.52M21.20M24.40M24.07M29.13M40.60M52.35M48.07M51.36M51.45M48.78M
Restructuring Costs 2.12M4.35M3.94M7.98M6.38M0.92M20.50M73.11M1.39M4.21M1.21M
Other Operating Expenses 109.01M65.33M-17.74M-10.23M21.40M36.85M150.09M160.47M179.08M213.63M319.72M498.87M461.88M458.85M473.35M499.31M
Operating Expenses 124.80M81.19M101.95M119.47M121.94M150.87M199.12M215.84M231.94M293.65M471.94M598.63M560.12M560.65M578.28M607.79M
Operating Income 2.51M11.08M7.60M10.26M19.67M
EBIT 6.06M2.51M11.08M7.60M10.26M19.67M71.60M124.94M158.50M221.42M342.81M428.99M543.90M545.96M802.33M1,004.95M
Non-operating items
Non Operating Investment Income 0.32M0.17M0.14M0.14M0.09M0.04M-0.04M0.14M0.01M0.52M0.20M-0.30M12.30M
Other Non Operating Income 26.87M20.04M
Non Operating Income 42.46M41.45M43.92M
Net income details
EBT -34.49M-7.18M31.65M21.72M29.30M56.20M56.74M105.25M124.28M151.49M211.58M340.24M496.11M453.10M356.94M475.86M
Tax Provisions 7.30M3.19M10.56M7.29M9.29M17.48M15.90M33.15M50.73M30.46M50.14M78.26M119.20M106.56M87.83M117.17M
Profit After Tax -41.79M-3.99M21.09M14.44M20.02M38.72M40.85M72.10M73.55M121.03M161.44M261.99M376.91M346.54M269.11M358.69M
Equity Income 19.53M13.83M34.74M43.39M76.47M86.50M116.61M188.77M260.57M
Income from Continuing Operations -41.79M-10.38M21.09M14.44M20.02M38.72M40.85M72.10M73.55M121.03M161.44M261.99M376.91M346.54M269.11M358.69M
Consolidated Net Income -41.79M-10.38M21.09M14.44M20.02M38.72M40.85M72.10M73.55M121.03M161.44M261.99M376.91M346.54M269.11M358.69M
Income towards Parent Company -41.79M-10.38M21.09M14.44M20.02M38.72M40.85M72.10M73.55M121.03M161.44M261.99M376.91M346.54M269.11M358.69M
Preferred Dividend Payments 3.16M3.21M3.24M3.58M1.74M0.29M
Net Income towards Common Stockholders -44.95M-7.20M17.85M10.86M18.28M38.44M40.85M72.10M73.55M121.03M161.44M261.99M376.91M346.54M269.11M358.69M
Additional items
EPS (Basic) -3.27-0.350.760.460.761.481.292.102.002.812.763.785.435.013.905.21
EPS (Weighted Average and Diluted) -3.27-0.350.760.460.751.461.272.081.982.802.753.775.404.993.895.19
Shares Outstanding (Weighted Average) 23.63M23.75M23.82M23.91M28.16M
Tax Rate 33.35%33.54%31.69%31.10%28.02%31.49%40.82%20.11%23.70%23.00%24.03%23.52%24.61%24.62%