M&A Deal Summary

Ameris Bank Acquires First National Bank of South Georgia

On April 16, 1996, Ameris Bank acquired financial services company First National Bank of South Georgia for 11M USD

Acquisition Highlights
  • This is Ameris Bank’s 4th transaction in the Financial Services sector.
  • This is Ameris Bank’s 10th largest (disclosed) transaction.
  • This is Ameris Bank’s 4th transaction in the United States.
  • This is Ameris Bank’s 1st transaction in Georgia.

M&A Deal Summary
Date 1996-04-16
Target First National Bank of South Georgia
Sector Financial Services
Buyer(s) Ameris Bank
Deal Type Add-on Acquisition
Deal Value 11M USD
Advisor(s) Smith, Gambrell & Russell (Legal)

Target

First National Bank of South Georgia

Albany, Georgia, United States
First National Bank of South Georgia serving the needs of the people and businesses of Albany and Dougherty County.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Ameris Bank

Atlanta, Georgia, United States
Category Company
Founded 1971
Sector Financial Services
Employees2,759
Revenue 1.0B USD (2023)
DESCRIPTION

Ameris Bank is the parent of Ameris Bank, a Georgia state-chartered bank. Ameris Bank currently has 100+ locations in Georgia, Alabama, northern Florida and South Carolina. Ameris Bank was incorporated in 1971 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 4 of 28
Sector (Financial Services) 4 of 28
Type (Add-on Acquisition) 4 of 17
State (Georgia) 1 of 14
Country (United States) 4 of 28
Year (1996) 2 of 3
Size (of disclosed) 10 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-04 Central Bankshares

Golden Valley, Minnesota, United States

Central Bankshares, Inc. operates as a bank holding company and provides personal and business banking products and services.

Buy $8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1996-09-17 M&F Financial

Donalsonville, Georgia, United States

M&F Financial Corp. is a provider of financial services and products. M&F currently has total assets of approximately $43 million and total equity of approximately $3.4 million. ABC Bancorp currently has total assets of approximately $580 million.

Buy $6M
Mergr

Product

Company

Legal