Moultrie, Ga.-based Ameris Bancorp on May 25 completed its purchase of Jacksonville, Fla.-based Atlantic Coast Financial Corp.
Immediately following the acquisition, Atlantic Coast Bank merged into Ameris Bank.
As of March 31, Ameris Bancorp had approximately $8.02 billion in assets, while Atlantic Coast Financial had approximately $928.1 million in assets, according to S&P Global Market Intelligence data.
