Ameris Bancorp Reporting Regulatory Approval For Pending Acquisition

AMERIS BANCORP (NASDAQ-GS: ABCB), today announced that all necessary regulatory approvals have been received with respect to both of the Company's pending acquisition transactions. The Merchants and Southern Bank acquisition is scheduled to close on May 22, 2015, with a conversion date of September 25, 2015. The branch acquisition from Bank of America is scheduled to close on June 12, 2015, with a simultaneous conversion. Edwin W. Hortman, Jr., President and CEO of Ameris Bancorp, said, "We are excited to have received regulatory approval for both deals and look forward to integrating the acquired operations in the near future. The conversion teams are working diligently to ensure a seamless process for our new customers, and I am confident that we can emerge from that process in short order and be in position to better serve all of our customers' banking needs throughout our expanded footprint." Ameris Bancorp is headquartered in Moultrie, Georgia, and at the end of the most recent quarter had 73 locations in Georgia, Alabama, northern Florida and South Carolina.