Ameris to Purchase Jacksonville Bank

Ameris Bancorp, headquartered in Moultrie, GA, recently announced plans to purchase Jacksonville Bancorp, the parent company of Jacksonville Bank. The deal is expected to take place in the first quarter of 2016, assuming it passes regulatory review. Ameris currently has 8 locations in Jacksonville, and recently announced that they would be taking on office space in the Riverplace Tower, which will soon feature the Ameris Bank name on the side of the building, as the bank also purchased the sign rights to the building. The merger will result in a new bank with $5.7 billion in assets, $4 billion in loans and $4.9 billion in deposits with 101 locations in 4 states.

Alexa Epitropoulos with the Jacksonville Business Journal covered the story.

About Ernie Saltmarsh

Ernie works for Colliers International in the Northeast Florida Investment Services Group. The team includes Robert Selton, Scott Rogers, Ernie Saltmarsh and Adrienne Miller. Ernie works with buyers who are looking to invest in commercial real estate and sellers who are looking to dispose of investment assets. Ernie's background in research, marketing and finance provide the vital skills necessary to serve his clients.

Posted on October 5, 2015, in JAX Business Journal and tagged , , , . Bookmark the permalink. Leave a comment.

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