# Ameris Bancorp (ABCB)

Informational only - not investment advice.

CIK: 0000351569
SIC: 6022 State Commercial Banks
SIC breadcrumb: [Finance, Insurance, And Real Estate](/division/H/) > [Depository Institutions](/major-group/60/) > [SIC 6022 State Commercial Banks](/industry/6022/)
Latest 10-K filed: 2026-02-26
SEC page: https://www.sec.gov/edgar/browse/?CIK=351569
Filing source: https://www.sec.gov/Archives/edgar/data/351569/000035156926000050/abcb-20251231.htm

## At a glance

FY2025 · period end 2025-12-31 · filed 2026-02-26 · accession 0000351569-26-000050 · source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000351569.json

| Metric | Value | FY | Provenance |
| --- | ---: | ---: | --- |
| Revenue | 1,394,525,000 USD | 2025 | verified |
| Net income | 412,154,000 USD | 2025 | verified |
| Assets | 27,515,879,000 USD | 2025 | verified |
| Free cash flow | 369,644,000 USD | 2025 | computed |
| Net margin | 29.56% | 2025 | computed |
| Revenue YoY | +1.18% | 2025 | computed |
| ROE | 10.11% | 2025 | computed |

Computed values are grepcent-computed from the verified facts above and may differ from ratios the company itself reports. Free cash flow = operating cash flow − capital expenditures. Net margin = net income ÷ revenue. Revenue YoY = FY2025 revenue ÷ FY2024 revenue − 1 (consecutive fiscal years only). ROE = net income ÷ period-end stockholders' equity.

No market price, no rating, no forecast on this site. Not investment advice.

### Peer percentile fingerprint

| Ratio | ABCB | Peer median | Percentile | N |
| --- | ---: | ---: | ---: | ---: |
| Net margin | 29.6% | 21.9% | 83 | 149 |
| Revenue growth | 1.2% | 6.0% | 24 | 148 |
| FCF margin | 26.5% | 23.8% | 60 | 133 |
| ROE | 10.1% | 9.6% | 57 | 149 |
| ROA | 1.5% | 1.1% | 86 | 149 |
| Liabilities / equity | 5.75 | 8.04 | 6 | 149 |

Percentile = share of the N covered peers reporting that ratio whose value is lower (ties counted half); computed among grepcent-covered companies in SIC industry 6022 State Commercial Banks, not the whole market. A higher percentile means a higher value of the ratio, not a better company. Ratios with fewer than 8 reporting peers are omitted. Latest reported values per company; fiscal periods may differ. Descriptive arithmetic - not a score, rating, or ranking.

## Selected Fundamentals
| Metric | Value | Unit | FY | Filed |
| --- | ---: | --- | ---: | --- |
| Revenue | 1394525000 | USD | 2025 | 2026-02-26 |
| Net income | 412154000 | USD | 2025 | 2026-02-26 |
| Assets | 27515879000 | USD | 2025 | 2026-02-26 |

## Financials

Annual standardized facts from SEC companyfacts as of latest extracted filing date 2026-02-26. Source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000351569.json. Derived margins, ratios, and free cash flow are computed from the extracted annual SEC facts.

| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | 239,065,000 | 294,347,000 | 413,326,000 | 636,394,000 | 726,503,000 | 703,112,000 | 893,886,000 | 1,280,435,000 | 1,378,284,000 | 1,394,525,000 |
| Net income | 72,100,000 | 73,548,000 | 121,027,000 | 161,441,000 | 261,988,000 | 376,913,000 | 346,540,000 | 269,105,000 | 358,685,000 | 412,154,000 |
| Diluted EPS | 2.08 | 1.98 | 2.80 | 2.75 | 3.77 | 5.40 | 4.99 | 3.89 | 5.19 | 6.00 |
| Operating cash flow | -69,767,000 | -62,562,000 | -108,803,000 | -940,211,000 | 798,396,000 | 9,140,000 | 1,062,473,000 | 568,959,000 | 154,193,000 | 390,183,000 |
| Capital expenditures | 10,977,000 | 3,760,000 | 10,009,000 | 11,581,000 | 18,116,000 | 25,448,000 | 13,568,000 | 17,531,000 | 13,477,000 | 20,539,000 |
| Dividends paid | 8,584,000 | 14,650,000 | 16,405,000 | 24,675,000 | 41,685,000 | 41,798,000 | 41,610,000 | 41,649,000 | 41,460,000 | 55,252,000 |
| Assets | 6,892,031,000 | 7,856,203,000 | 11,443,515,000 | 18,242,579,000 | 20,438,638,000 | 23,858,321,000 | 25,053,286,000 | 25,203,699,000 | 26,262,050,000 | 27,515,879,000 |
| Liabilities | 6,245,594,000 | 7,051,724,000 | 9,987,168,000 | 15,772,997,000 | 17,791,550,000 | 20,891,870,000 | 21,855,886,000 | 21,776,952,000 | 22,510,528,000 | 23,439,851,000 |
| Stockholders' equity | 646,437,000 | 804,479,000 | 1,456,347,000 | 2,469,582,000 | 2,647,088,000 | 2,966,451,000 | 3,197,400,000 | 3,426,747,000 | 3,751,522,000 | 4,076,028,000 |
| Free cash flow | -80,744,000 | -66,322,000 | -118,812,000 | -951,792,000 | 780,280,000 | -16,308,000 | 1,048,905,000 | 551,428,000 | 140,716,000 | 369,644,000 |

### Ratios

ROE and ROA use period-end equity/assets. Liabilities / equity uses total liabilities divided by stockholders' equity. Current ratio uses current assets divided by current liabilities when both are reported.

| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Net margin | 30.16% | 24.99% | 29.28% | 25.37% | 36.06% | 53.61% | 38.77% | 21.02% | 26.02% | 29.56% |
| Return on equity | 11.15% | 9.14% | 8.31% | 6.54% | 9.90% | 12.71% | 10.84% | 7.85% | 9.56% | 10.11% |
| Return on assets | 1.05% | 0.94% | 1.06% | 0.88% | 1.28% | 1.58% | 1.38% | 1.07% | 1.37% | 1.50% |
| Liabilities / equity | 9.66 | 8.77 | 6.86 | 6.39 | 6.72 | 7.04 | 6.84 | 6.35 | 6.00 | 5.75 |

## As-reported value updates

No tracked differences above grepcent's stated thresholds and capped precision rule were found between the earliest XBRL-filed value and the value currently on file for the standardized annual metrics grepcent tracks.


## Quarterly

Quarterly standardized facts from SEC companyfacts as of latest extracted filing date 2026-08-07. Source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000351569.json.

Flow metrics use discrete quarter-length periods from 10-Q/10-Q/A filings. Q4 revenue and net income are derived only when annual FY and nine-month YTD facts exist for the same fiscal year; derived Q4 values are labeled. EPS Q4 is not derived.

| Quarter | End date | Revenue | Net income | Diluted EPS | Method |
| --- | --- | ---: | ---: | ---: | --- |
| 2022-Q3 | 2022-09-30 |  |  | 1.34 | reported discrete quarter |
| 2023-Q1 | 2023-03-31 |  |  | 0.87 | reported discrete quarter |
| 2023-Q2 | 2023-06-30 |  |  | 0.91 | reported discrete quarter |
| 2023-Q3 | 2023-09-30 | 330,553,000 | 80,115,000 | 1.16 | reported discrete quarter |
| 2023-Q4 | 2023-12-31 | 332,214,000 | 65,934,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2024-Q1 | 2024-03-31 | 329,452,000 | 74,312,000 | 1.08 | reported discrete quarter |
| 2024-Q2 | 2024-06-30 | 347,323,000 | 90,785,000 | 1.32 | reported discrete quarter |
| 2024-Q3 | 2024-09-30 | 355,146,000 | 99,212,000 | 1.44 | reported discrete quarter |
| 2024-Q4 | 2024-12-31 | 346,363,000 | 94,376,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2025-Q1 | 2025-03-31 | 333,778,000 | 87,935,000 | 1.27 | reported discrete quarter |
| 2025-Q2 | 2025-06-30 | 347,638,000 | 109,834,000 | 1.60 | reported discrete quarter |
| 2025-Q3 | 2025-09-30 | 355,046,000 | 106,029,000 | 1.54 | reported discrete quarter |
| 2025-Q4 | 2025-12-31 | 358,063,000 | 108,356,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2026-Q1 | 2026-03-31 | 351,771,000 | 110,492,000 | 1.63 | reported discrete quarter |
| 2026-Q2 | 2026-06-30 | 365,575,000 | 51,446,000 | 0.77 | reported discrete quarter |

## Filed narrative (10-K & 10-Q)

## Business

Verbatim Item 1 Business section from ABCB's latest 10-K: [/company/ABCB/business/](/company/ABCB/business/).

## Risk Factors

Verbatim Item 1A Risk Factors from ABCB's latest 10-K: [/company/ABCB/risk-factors/](/company/ABCB/risk-factors/).

## Latest quarter (10-Q)

Latest 10-Q source: https://www.sec.gov/Archives/edgar/data/351569/000035156926000143/abcb-20260630.htm

Extracted structurally from real Item 2 body heading to real Item 3/4 boundary.
Confidence: high
Filing date: 2026-08-07
Report date: 2026-06-30

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Cautionary Note Regarding Forward-Looking Statements

Certain of the statements made in this report are “forward-looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions and future performance and involve known and unknown risks, uncertainties and other factors, many of which may be beyond our control and which may cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.

All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “point to,” “project,” “predict,” “could,” “intend,” “target,” “potential” and other similar words and expressions of the future. These forward-looking statements may not be realized due to a variety of factors, including, without limitation, the following: general competitive, economic, unemployment, political and market conditions and fluctuations, including real estate market conditions, and the effects of such conditions and fluctuations on the creditworthiness and payment behaviors of borrowers, collateral values, asset recovery values and the value of investment securities; movements in interest rates and their impacts on net interest margin, investment security valuations and other performance measures; expectations and assumptions regarding credit quality and performance; legislative and regulatory changes; changes in U.S. government trade, monetary and fiscal policies, including tariffs; competitive pressures on product pricing and services; fraud, theft or other misconduct impacting our customers or operations; cybersecurity risks, including data breaches, malware, ransomware and account takeovers; the success and timing of our business strategies and plans; our outlook and long-term goals for future growth; and natural disasters, geopolitical events, acts of war or terrorism or other hostilities, public health crises and other catastrophic events beyond our control; and other factors discussed in our filings with the Securities and Exchange Commission (the “SEC”) under the Exchange Act.

All written or oral forward-looking statements that are made by or are attributable to us are expressly qualified in their entirety by this cautionary notice. Our forward-looking statements apply only as of the date of this report or the respective date of the document from which they are incorporated herein by reference. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date of this report, or after the respective dates on which such statements otherwise are made, whether as a result of new information, future events or otherwise, except as required by law.

Overview

The following is management’s discussion and analysis of certain significant factors which have affected the financial condition and results of operations of the Company as reflected in the unaudited consolidated balance sheet as of June 30, 2026, as compared with December 31, 2025, and operating results for the three and six month periods ended June 30, 2026 and 2025. These comments should be read in conjunction with the Company’s unaudited consolidated financial statements and accompanying notes appearing elsewhere herein.

Critical Accounting Policies

There have been no significant changes to our critical accounting policies from those disclosed in our 2025 Annual Report on Form 10-K. The reader should refer to the notes to our consolidated financial statements in our 2025 Annual Report on Form 10-K for a full disclosure of all critical accounting policies.

40

Results of Operations for the Three Months Ended June 30, 2026 and 2025

Consolidated Earnings and Profitability

Ameris reported net income available to common shareholders of $51.4 million, or $0.77 per diluted share, for the quarter ended June 30, 2026, compared with $109.8 million, or $1.60 per diluted share, for the same period in 2025. The Company’s return on average assets and average shareholders’ equity were 0.73% and 5.00%, respectively, in the second quarter of 2026, compared with 1.65% and 11.40%, respectively, in the second quarter of 2025. Results for the second quarter of 2026 include a litigation expense accrual of $82.5 million related to a jury verdict in an employment case in California, a $7.4 million gain on securities related to the conversion of Visa Class B-2 shares and related gain on sale and mark-to-market adjustments post-conversion and a gain on BOLI proceeds of $846,000. During the second quarter of 2025, the Company recorded a gain on sale of mortgage servicing rights of $356,000 and a $138,000 reduction in FDIC special assessment expense.

Below is additional information regarding the banking, retail mortgage, warehouse lending and premium finance divisions of the Company during the second quarter of 2026 and 2025, respectively:

[[GREPCENT_TABLE]]
[["","Three Months Ended June 30, 2026"],["(dollars in thousands)","Banking Division","","Retail Mortgage Division","","Warehouse Lending Division","","","","Premium Finance Division","","Total"],["Interest income","$","256,966","","","$","56,591","","","$","21,314","","","","","$","30,704","","","$","365,575"],["Interest expense","41,666","","","40,747","","","12,489","","","","","18,189","","","113,091"],["Net interest income","215,300","","","15,844","","","8,825","","","","","12,515","","","252,484"],["Provision for credit losses","19,998","","","(3,346)","","","184","","","","","417","","","17,253"],["Noninterest income","40,569","","","32,151","","","794","","","","","18","","","73,532"],["Noninterest expense"],["Salaries and employee benefits","66,668","","","21,493","","","468","","","","","2,865","","","91,494"],["Occupancy and equipment","11,823","","","685","","","7","","","","","40","","","12,555"],["Data processing and communications expenses","14,041","","","1,302","","","59","","","","","169","","","15,571"],["Other expenses","110,933","","","11,587","","","184","","","","","390","","","123,094"],["Total noninterest expense","203,465","","","35,067","","","718","","","","","3,464","","","242,714"],["Income before income tax expense","32,406","","","16,274","","","8,717","","","","","8,652","","","66,049"],["Income tax expense","7,538","","","3,417","","","1,831","","","","","1,817","","","14,603"],["Net income","$","24,868","","","$","12,857","","","$","6,886","","","","","$","6,835","","","$","51,446"]]
[[/GREPCENT_TABLE]]

[[GREPCENT_TABLE]]
[["","Three Months Ended June 30, 2025"],["(dollars in thousands)","Banking Division","","Retail Mortgage Division","","Warehouse Lending Division","","","","Premium Finance Division","","Total"],["Interest income","$","239,211","","","$","61,356","","","$","18,174","","","","","$","28,897","","","$","347,638"],["Interest expense","47,710","","","39,325","","","11,083","","","","","17,707","","","115,825"],["Net interest income","191,501","","","22,031","","","7,091","","","","","11,190","","","231,813"],["Provision for credit losses","677","","","1,010","","","369","","","","","716","","","2,772"],["Noninterest income","29,275","","","37,726","","","1,893","","","","","17","","","68,911"],["Noninterest expense"],["Salaries and employee benefits","62,001","","","24,358","","","618","","","","","2,331","","","89,308"],["Occupancy and equipment","10,547","","","811","","","7","","","","","36","","","11,401"],["Data processing and communications expenses","13,825","","","1,391","","","59","","","","","91","","","15,366"],["Other expenses","25,478","","","12,496","","","96","","","","","1,115","","","39,185"],["Total noninterest expense","111,851","","","39,056","","","780","","","","","3,573","","","155,260"],["Income before income tax expense","108,248","","","19,691","","","7,835","","","","","6,918","","","142,692"],["Income tax expense","25,667","","","4,135","","","1,646","","","","","1,410","","","32,858"],["Net income","$","82,581","","","$","15,556","","","$","6,189","","","","","$","5,508","","","$","109,834"]]
[[/GREPCENT_TABLE]]

41

Net Interest Income and Margin

The following table sets forth the average balance, interest income or interest expense, and average interest rate for each category of interest-earning assets and interest-bearing liabilities, net interest spread, and net interest margin on average interest-earning assets for the three months ended June 30, 2026 and 2025. Federally tax-exempt income is presented on a taxable-equivalent basis assuming a 21% federal tax rate.

[Excerpt truncated for page length; source filing is linked above.]

## Latest 10-K MD&A (excerpt)

Latest 10-K Item 7 source: https://www.sec.gov/Archives/edgar/data/351569/000035156926000050/abcb-20251231.htm
Complete FY 2025 MD&A: /company/ABCB/mda/fy2025/

Extracted structurally from real Item 7 body heading to real Item 7A/8 boundary.
Confidence: high
Filing date: 2026-02-26
Report date: 2025-12-31

ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

OVERVIEW

During 2025, the Company reported net income of $412.2 million, or $6.00 per diluted share, compared with $358.7 million, or $5.19 per diluted share, in 2024. The Company’s net income as a percentage of average assets for 2025 and 2024 was 1.54% and 1.38%, respectively, while the Company’s net income as a percentage of average shareholders’ equity was 10.52% and 10.01%, respectively. Reported net income for the year ended December 31, 2025 includes $70.2 million in provision for credit losses, primarily related to an increase in the provision for unfunded commitments, updated economic forecasts, organic loan growth and changes in the portfolio mix, compared with a provision of $58.8 million in 2024 resulting from organic growth in loans and the updated economic forecast.

Highlights of the Company’s performance in 2025 include the following:

•Growth in tangible book value per share1 of 14.5%, from $38.59 at the end of 2024 to $44.18 at the end of 2025;

•Earning asset growth of $1.32 billion, or 5.5%;

•Organic growth in loans of $773.6 million, or 3.73%;

•Growth in total deposits of $653.5 million, or 3.01%;

•Total non-performing assets as a percentage of total assets declined to 0.44% at December 31, 2025, compared with 0.47% at December 31, 2024; and

•Increased share repurchases totaling $77.1 million of stock, or 1,155,570 shares during 2025.

______________________________________________________________________________________________________

1 A reconciliation of non-GAAP financial measures can be found in the following tables.

[[GREPCENT_TABLE]]
[["Tangible Book Value per Share Reconciliation"],["","December 31,"],["(dollars in thousands except per share data)","2025","","2024"],["Total shareholders' equity","$","4,076,028","","","$","3,751,522"],["Less:"],["Goodwill","1,015,646","","","1,015,646"],["Other intangibles, net","54,824","","","70,761"],["Total tangible shareholders' equity","$","3,005,558","","","$","2,665,115"],["Period end number of shares","68,022,316","","","69,068,609"],["Book value per share","$","59.92","","","$","54.32"],["Tangible book value per share","$","44.18","","","$","38.59"]]
[[/GREPCENT_TABLE]]

[[GREPCENT_TABLE]]
[["Non-performing Portfolio Assets Reconciliation"],["","December 31,"],["(dollars in thousands)","2025","","2024"],["Nonaccrual portfolio loans","$","84,711","","","$","90,206"],["Other real estate owned","2,918","","","2,433"],["Repossessed assets","4","","","9"],["Accruing loans delinquent 90 days or more","8,492","","","17,733"],["Non-performing portfolio assets","$","96,125","","","$","110,381"],["Serviced GNMA-guaranteed mortgage nonaccrual loans","24,347","","","12,012"],["Total non-performing assets","$","120,472","","","$","122,393"],["Total assets","27,515,879","","26,262,050"],["Non-performing portfolio assets as a percent of total assets","0.35","%","","0.42","%"],["Total non-performing assets as a percent of total assets","0.44","%","","0.47","%"]]
[[/GREPCENT_TABLE]]

35

CRITICAL ACCOUNTING POLICIES AND ESTIMATES

Ameris has established certain accounting and financial reporting policies to govern the application of accounting principles generally accepted in the United States of America (“GAAP”) in the preparation of its financial statements. Our significant accounting policies are described in Note 1 to the consolidated financial statements. Certain accounting policies involve significant judgments and assumptions by management which have a material impact on the carrying value of certain assets and liabilities; management considers these accounting policies to be critical accounting policies. The judgments and assumptions used by management are based on historical experience and other factors which are believed to be reasonable under the circumstances. Because of the nature of the judgments and assumptions made by management, actual results could differ from the judgments and estimates adopted by management which could have a material impact on the carrying values of assets and liabilities and the results of our operations. We believe the following accounting policy applied by Ameris represents a critical accounting policy.

Allowance for Credit Losses

We believe the allowance for credit losses (“ACL”) is a critical accounting policy that requires significant judgments and estimates used in the preparation of our consolidated financial statements. The ACL, which includes both the allowance for credit losses on loans and the reserve on unfunded loan commitments, represents management's best estimate of expected losses over the life of loans, and over the life of loan commitments expected to fund. Management uses a systematic methodology to determine its ACL for loans and certain off-balance-sheet credit exposures. Management considers relevant information including past events, current conditions, and reasonable and supportable forecasts on the collectability of the loan portfolio. The Company’s estimate of its ACL involves a high degree of judgment; therefore, management’s process for determining expected credit losses may result in a range of expected credit losses. It is possible that others, given the same information, may at any point in time reach a different reasonable conclusion.

Loans which share common risk characteristics are pooled for the purposes of determining the ACL. Management uses the discounted cash flow method or the PD×LGD method, which may be adjusted for qualitative factors, in measuring the ACL for pooled loans. Loans which do not share common risk characteristics are evaluated on an individual basis. When repayment is expected to be from the operation of the collateral, expected credit losses are calculated as the amount by which the amortized cost basis of the loan exceeds the present value of expected cash flows from the operation of the collateral. The expected credit losses may also be calculated, in the alternative, as the amount by which the amortized cost basis of the loan exceeds the estimated fair value of the collateral. When repayment is expected to be from the sale of the collateral, expected credit losses are calculated as the amount by which the amortized cost basis of the loan exceeds the fair value of the underlying collateral less estimated cost to sell.

The Company’s ACL recorded on the balance sheet reflects management’s best estimate of expected credit losses. While management uses available information to recognize expected losses on loans, future additions to the ACL may be necessary based on changes in economic conditions. In addition, various regulatory agencies, as an integral part of their examination processes, periodically review the Company’s ACL. Such agencies may require the Company to recognize additions to the ACL based on their judgments about information available to them at the time of their examination.

As discussed in Note 3 to the consolidated financial statements, management determined the ACL on loans at December 31, 2025 utilizing a weighting of two economic forecasts from Moody's. The Moody's baseline scenario and downside 75th percentile S-2 scenario were equally weighted at 50%. Results by scenario can vary significantly from period to period as both the scenario assumptions and the portfolio composition are changing. If management utilized the downside 96th percentile S-4 scenario from Moody's holding all other assumptions constant, the quantitative portion of the ACL on loans would have increased approximately $82.4 million. The S-4 scenario is a downside scenario such that there is a 96% probability that the economy will perform better than the forecast and a 4% probability that the economy will perform worse.

NET INCOME AND EARNINGS PER SHARE

The Company’s net income during 2025 was $412.2 million, or $6.00 per diluted share, compared with $358.7 million, or $5.19 per diluted share, in 2024, and $269.1 million, or $3.89 per diluted share, in 2023.

For the fourth quarter of 2025, the Company recorded net income of $108.4 million, or $1.59 per diluted share, compared with $94.4 million, or $1.37 per diluted share, for the quarter ended December 31, 2024, and $65.9 million, or $0.96 per diluted share, for the quarter ended December 31, 2023.

36

EARNING ASSETS AND LIABILITIES

Average earning assets were $24.84 billion in 2025, compared with $23.97 billion in 2024. The earning asset and interest-bearing liability mix is regularly monitored to maximize the net interest margin and, therefore, increase return on assets and shareholders’ equity.

The following statistical information should be read in conjunction with the remainder of “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the consolidated financial statements and related notes included elsewhere in this Annual Report and in the documents incorporated herein by reference.

The following tables set forth the amount of average balance, interest income or interest expense, and average interest rate for each category of interest-earning assets and interest-bearing liabilities, net interest spread and net interest margin on average interest-earning assets. Federally tax-exempt income is presented on a taxable-equivalent basis assuming a 21% federal tax rate.

[Excerpt truncated for page length; the complete text is on the linked full-MD&A page.]

Read the full FY 2025 MD&A: /company/ABCB/mda/fy2025/
All MD&A years: /company/ABCB/mda/


## MD&A history

Prior-year 10-K MD&A spans are extracted from SEC filings with the same bounded parser used for the latest filing. Each year's full verbatim text is on its own sub-page.

- [FY 2024 MD&A](/company/ABCB/mda/fy2024/): filed 2025-02-28; accession 0000351569-25-000006 (https://www.sec.gov/Archives/edgar/data/351569/000035156925000006/abcb-20241231.htm)
- [FY 2023 MD&A](/company/ABCB/mda/fy2023/): filed 2024-02-28; accession 0000351569-24-000006 (https://www.sec.gov/Archives/edgar/data/351569/000035156924000006/abcb-20231231.htm)
- [FY 2022 MD&A](/company/ABCB/mda/fy2022/): filed 2023-02-28; accession 0000351569-23-000005 (https://www.sec.gov/Archives/edgar/data/351569/000035156923000005/abcb-20221231.htm)
- [FY 2021 MD&A](/company/ABCB/mda/fy2021/): filed 2022-02-28; accession 0000351569-22-000005 (https://www.sec.gov/Archives/edgar/data/351569/000035156922000005/abcb-20211231.htm)




## Macro cross-references

Indicators mapped to this company's SIC classification (industry 6022 State Commercial Banks) by grepcent's deterministic macro-sector crosswalk. A navigational mapping, not a statistical or causal claim.

- [FEDFUNDS](/indicator/FEDFUNDS/): Federal Funds Effective Rate
- [DFEDTARU](/indicator/DFEDTARU/): Federal Funds Target Range - Upper Limit
- [DGS2](/indicator/DGS2/): Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity
- [DGS10](/indicator/DGS10/): Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity
- [T10Y2Y](/indicator/T10Y2Y/): 10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity

Macro-to-micro threads including this sector: [Interest rates & the Fed](/thread/interest-rates-fed/), [Money & trade](/thread/money-trade/), [Consumer & credit](/thread/consumer-credit/), [Government finances](/thread/government-finances/), [Sector employment](/thread/sector-employment/).

All macro indicators: /indicators/


## For LLMs & downloads

Markdown twin: /company/ABCB.md · JSON record: /company/ABCB.json · verified financials: /company/ABCB/financials.json / /company/ABCB/financials.csv · machine TOC for the whole site: /llms.txt