Ameris Bancorp (ABCB) SEC Filings & Earnings Calls

Deposit cost pressure as cost of interest-bearing deposits increased 6 bps QoQ to 2.58%.

“Cost of interest-bearing deposits increased six basis points to 2.58%.”

Mortgage banking revenue declined 10.1% QoQ due to lower production.

“Mortgage banking activity decreased $3.3 million, or 10.1%, to $29.2 million.” · word for word

Litigation liability from jury verdict

“The Company recorded an expense of $82.5 million related to the Action during the three months ended June 30, 2026.” · word for word

Credit deterioration in office CRE portfolio

“The increase in the provision for credit losses on loans is primarily attributable to the updated economic forecast, an increase in the office portfolio qualitative factor and organic loan growth.” · word for word

Nonaccrual loan growth

“Nonaccrual loans totaled $120.5 million at June 30, 2026, an increase of $11.5 million, or 10.5%, from $109.1 million at December 31, 2025.” · word for word

Significant litigation exposure: $82.5M accrual for California employment case jury verdict, potential for further adverse outcomes

“Noninterest expense increased $85.6 million, or 54.5%, to $242.7 million, driven by a litigation expense accrual of $82.5 million related to a jury verdict in an employment case in California”

Mortgage banking income declining: down 12.1% QoQ, gain on sale spreads compressing

“Mortgage banking activity decreased $4.5 million, or 12.1%, to $32.5 million; gain on sale spreads decreased to 2.04% from 2.08%”

Deposit cost pressure: cost of interest-bearing deposits up 2 bps QoQ, total cost of funds up 3 bps

“Costs of interest-bearing deposits during the quarter were 2.52%, an increase of two-basis points compared with the first quarter of 2026; total cost of funds increased three basis points to 1.91%”

Jury verdict of $79.4M in damages and penalties; company intends to appeal but outcome uncertain; could have material adverse effect on results, financial condition, and liquidity.

“The final resolution of this matter could have a material adverse effect on the Company’s results of operations, financial condition and liquidity.” · word for word

Office CRE credit risk

“The increase in the provision for credit losses on loans is primarily attributable to the updated economic forecast, an increase in the office portfolio qualitative factor and changes in the portfolio mix.” · word for word

Nonaccrual loan increase

“Nonaccrual loans totaled $116.5 million at March 31, 2026, an increase of $7.4 million, or 6.8%, from $109.1 million at December 31, 2025.” · word for word

Credit quality remains strong with low charge-offs, but loan growth could introduce future credit risk if economic conditions deteriorate.

“Annualized net charge-offs declined to 0.21% of average total loans” · word for word

Commercial Real Estate Concentration

“As of December 31, 2025, our C&D concentration as a percentage of capital totaled 43.0% and our CRE concentration, net of owner-occupied loans, as a percentage of capital totaled 261.9%.” · word for word

Interest Rate Sensitivity

“Our ability to operate profitably is largely dependent upon net interest income. In 2025, net interest income made up 77.6% of our revenue.” · word for word

Regulatory Compliance Cost

“The Company initially recognized an expense of $11.6 million in the fourth quarter of 2023 related to the special assessment.” · word for word

Key executive departure may cause temporary disruption in strategic initiatives, though transition plan mitigates immediate risk.

“Chief Strategy Officer retiring; three-month transition period and SERP retention provisions.”

Mortgage banking income declined 21.6% QoQ due to lower gain on sale and MSR loss

“Mortgage banking activity decreased by $8.8 million, or 21.6%, to $31.9 million in Q4 2025” · word for word

Mortgage production decline may indicate sensitivity to interest rate environment.

“Total production in retail mortgage division decreased $173.2 million, or 13.7%, to $1.09 billion.”