Rochester, NY 8/29/2009 12:18:28 AM
Ameris Bancorp Continued strong capital position larger than normal loan loss
Ameris Bancorp ABCB
AMERIS BANCORP today reported a net loss available to common shareholders of $3.36 million, or $0.25 per diluted share, for the quarter ended June 30, 2009, compared to net income of $3.15 million, or $0.23 per diluted share, for the second quarter of 2008.
For the first half of 2009, Ameris Bancorp reported a net loss available to common shareholders of $4.58 million, or $0.34 per diluted share, compared to net income of $6.12 million, or $0.45 per diluted share, for the first half of 2008. Improvements in the Company's net interest margin and continued strong capital position were overshadowed by larger than normal loan loss provisions.
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