Ameris: Other Events


The following excerpt is from the company's SEC filing.

On February 18, 2014, Ameris Bancorp (the “Company”) received the approval of the Board of Governors of the Federal Reserve System to redeem the 28,000 shares of the Company’s Fixed Rate Cumulative Perpetual Preferred Stock, Series A, that remain outstanding. The shares have a liquidation preference of $1,000 per share, with dividends currently accruing on such amount at 9% per annum. The shares were originally issued to the U.S. Treasury in November 2008 pursuant to the Troubled Asset Relief Program and were sold by the Treasury to other investors in June 2012 through a registered public offering. The Company inte nds to effect the redemption of the shares during the first quarter of 2014 in order to minimize the additional dividends payable with respect to the shares prior to their redemption.

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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Other recent filings from the company include the following:

Ameris: Departure Of Directors Or Certain Officers; Election Of Directors; Appointment Of Certain Officers; Compensatory Arrangements Of Certain Officers - Nov. 19, 2014
Ameris Bancorp director just declared owning 4,958 shares of Ameris Bancorp - Nov. 19, 2014
Ameris: Regulation Fd Disclosure - Nov. 13, 2014
Ameris Bancorp Just Filed Its Quarterly Report: NOTE 6 – WEIGHTED ... - Nov. 7, 2014
Ameris Bancorp's Executive Vice President just disposed of 11,733 shares - Oct. 31, 2014

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