Net income of Ameris Bancorp under GAAP for the 3 months of 2022 was $81.698 million, down 34.6% from $124.962 million in the previous year. Net interest income rose 4.6% to $172.54 million from $164.977 million a year earlier.

Ameris Bancorp's GAAP net income for 2021 was $376.913 million, up 43.9% from $261.988 million in the prior year. Net interest income increased 2.8% to $655.327 million from $637.753 million a year earlier.

The Ameris Bancorp Board of Directors announced a quarterly dividend of $0.15 per share. The last day to buy securities to receive the dividend is December 29, 2021. The annual dividend yield may reach 1.17%.

Ameris Bancorp has acquired Balboa Capital, an online provider of loans to small and medium-sized businesses in the U.S. Balboa Capital is expected to make more than $415 million in loans in 2021. Terms of the deal were not disclosed.