1

st

Quarter 2014

Investor Presentation

Exhibit 99.1

2

Cautionary Statements

necessarily comparable to similar capital measures that may

be presented by other companies.

This presentation may contain statements that constitute

“forward-looking

statements”

within

the

meaning

of

Section

27A of the Securities Act of 1933, as amended, and

Section

21E of the Securities Exchange Act of 1934, as

amended. The words “believe”, “estimate”, “expect”,

“intend”, “anticipate”

and similar expressions and variations

thereof identify certain of such forward-looking statements,

which speak only as of the dates which they were made. The

Company undertakes no obligation to publicly update or

revise any forward-looking statements, whether as a result of

new information, future events or otherwise. Readers are

cautioned that any such forward-looking statements are not

guarantees of future performance and involve risks and

uncertainties and that actual results may differ materially

from those indicated in the forward-looking statements as a

result of various factors. Readers are cautioned not to place

undue reliance on these forward-looking statements and are

referred to the Company’s periodic filings with the Securities

and Exchange Commission for a summary of certain factors

that may impact the Company’s results of operations and

financial condition.

This presentation contains certain performance measures

determined by methods other than in accordance with

accounting principles generally accepted in the United States of

America (“GAAP”). Management of Ameris Bancorp (the

“Company”) uses these non-GAAP measures in its analysis of

the Company’s performance. These measures are useful when

evaluating the underlying performance and efficiency of the

Company’s operations and balance sheet. The Company’s

management believes that these non-GAAP measures provide a

greater understanding of ongoing operations, enhance

comparability of results with prior periods and demonstrate the

effects of significant gains and charges in the current period.

The Company’s management believes that investors may use

these non-GAAP financial measures to evaluate the Company’s

financial performance without the impact of unusual items that

may obscure trends in the Company’s underlying performance.

These disclosures should not be viewed as a substitute for

financial measures determined in accordance with GAAP, nor

are they necessarily comparable to non-GAAP performance

measures that may be presented by other companies. Tangible

common equity and Tier 1 capital ratios are non-GAAP

measures. The Company calculates the Tier 1 capital using

current call report instructions. The Company’s management

uses these measures to assess the quality of capital and

believes that investors may find them useful in their evaluation

of the Company. These capital measures may, or may not be

Corporate Profile

•

Headquartered in Moultrie, Georgia

•

Founded in 1971 as American Banking Company

•

Historically grown through acquisitions of smaller

banks in areas close to existing operations

•

Recent growth through merger with Prosperity

Banking Company and 10 FDIC-assisted transactions

•

Four state footprint with 68 offices

3

4

Management and Board Ownership of Approximately 7%

Experienced Management Team

Name, Position

Experience

(Banking / Ameris)

Edwin W. Hortman Jr.

Chief Executive Officer

33/15

Andrew B. Cheney

EVP & Chief Operating Officer

37/5

Dennis J. Zember Jr.

EVP & Chief Financial Officer

20/9

Jon S. Edwards

EVP & Chief Credit Officer

28/14

Stephen A. Melton

EVP, Chief Risk Officer

32/2

Cindi H. Lewis

EVP, Chief Administrative Officer

36/36

T. Stan Limerick

EVP, Chief Information Officer

7/1

Continue efforts to re-engineer the Company’s operating style

•

Develop more rapid growth in spread revenue as covered loan run-off subsides

•

Continue improving efficiency ratio through cost control and leverage through M&A

•

Retire remainder of TARP in Q1 2014 and re-instate common dividend during 2014

Integrate Prosperity and deliver meaningful EPS pickup from the transaction

•

Deal closed December 23, 2013. Conversion completed January 23, 2014

•

Incremental earnings of $10mm+, incremental shares of only 1.2 million

•

Credit mark of $41.3 compared to classified assets totaling $52 million

Position the Company to capitalize on significant M&A opportunities

•

Looking for larger transactions in our four states

•

Believe we can earn most of the capital it requires to participate actively

•

Will use M&A to accelerate the transition to improved operating efficiency

5

Current Focus

6

4

th

Quarter Update –

Financial Condition

dollars in millions, except per share data

Q4 '12

Q1 '13

Q2 '13

Q3 '13

Q4 '13

Change

BALANCE SHEET

Total Assets

$3,019

$2,862

$2,809

$2,818

$3,668

21.50 %

S/T assets & investments

$628

$461

$418

$394

$708

12.75

Loans -

noncovered

$1,499

$1,535

$1,618

$1,659

$2,134

42.35

Loans -

covered

$507

$461

$444

$418

$390

(23.03)

Reserve for loan losses

24

23

24

24

22

(6.76)

Indemnification asset

159

161

106

82

65

(58.84)

Non-interest bearing deposits

511

491

475

476

669

30.83

Interest bearing deposits

2,114

1,999

1,968

1,968

2,331

10.25

Tang Common Equity / Assets

8.23%

8.83

%

9.15

%

9.22

%

6.83

%

(17.01)

Tangible Book Value

$10.39

$10.57

$10.74

$10.85

$9.87

(5.00)%

7

2013 Operating Results

A –

Amounts are presented exclude $54.8 million of goodwill impairment in 2009 and $4.8 million of pretax merger costs in 2013.

B –

Efficiency ratio and Net Overhead ratios exclude goodwill impairment, merger costs and OREO/Problem loan expense.

dollars in millions, except per share data

YTD 2009

YTD 2010

YTD 2011

YTD 2012

YTD 2013

Change

Net Income

$10,441

A

($3,989)

$21,093

$14,436

$23,596

A

63.45

%

Net interest income

$74,022

$89,277

$113,524

$114,405

$116,185

1.56

Provision for loan losses

$42,068

$50,521

$32,729

$31,089

$11,486

(63.05)

Non-interest income

$58,353

$35,248

$52,807

$57,874

$46,549

(19.57)

Mortgage revenues

3,050

2,748

2,971

12,989

19,128

47.26

Service charges on deposits

13,593

15,143

18,081

19,576

19,545

(0.16)

Gains on FDIC assisted transactions

38,566

14,651

26,867

20,037

-

(100.00)

Non-interest expense

$69,987

A

$81,188

$101,953

$119,469

$121,945

A

2.07

Salaries & Benefits

31,939

31,918

40,210

53,122

56,670

6.68

Occupancy & DP costs

16,435

15,856

21,705

23,891

23,825

(0.28)

OREO and problem loan expense

7,643

16,412

22,448

22,416

15,486

(30.92)

Diluted earnings per share

0.76

-0.35

0.76

0.46

0.75

63.04

Return on Avg Assets

0.45

%

(0.16)

%

0.71

%

0.49

%

0.77

%

57.14

%

Return on Avg TCE

7.98

(2.11)

8.66

6.11

8.14

33.22

Net interest margin (TE)

3.52

4.11

4.57

4.60

4.74

3.04

Efficiency ratio (operating

66.46

58.95

57.01

63.75

62.48

(1.99)

Net Overhead 

(operating

)

B

1.49

%

1.55

%

1.88

%

2.08

%

1.93

%

(6.91)

%

)

B

8

2

nd

Quarter Update –

Credit Quality

dollars in millions, except per share data

Q4 '12

Q1 '13

Q2 '13

Q3 '13

Q4 '13

Change

CREDIT QUALITY

(1)

Non-performing assets

78,735

77,910

71,696

69,698

73,489

(6.66)%

Non-accrual loans

38,885

37,476

31,811

31,720

35,862

(7.77)

OREO

39,850

40,434

39,885

37,978

37,627

(5.58)

NPAs / Assets

2.61

%

2.72

%

2.55

%

2.47

%

2.00

%

(23.37)

Classified Assets / Capital

33.5

31.7

28.7

28.6

32.7

(2.24)

Reserves / Loans

1.63

1.57

1.56

1.50

1.38

(15.34)

Reserves / NPLs

60.67

62.39

76.13

75.20

62.40

2.85

Net Charge-offs

6,399

2,814

2,860

2,812

2,677

(58.17)

as a % of average loans

1.75

%

0.76

%

0.74

%

0.70

%

0.66

%

(62.29)

New Non-accrual loans

15,687

8,113

5,749

6,165

5,363

(65.81)%

•

Diversified loan portfolio across five regions

–

Inland Georgia –

40%

–

Coastal Georgia –

11%

–

Alabama –

6%

•

In-house lending limit of $10.0 million versus $75 million legal limit

–

12 loans greater than $5 million, no individual loan greater than $10.0 million

•

Loan participations less than 1.00% of total loans

•

Aggressive management of concentrations of credit

•

Top 25 relationships

are only 12.2% of total loans, with avg. DSC of 2.02% and LTV

of 65.2%

9

–

South Carolina –

13%

–

Florida –

30%

Loan Portfolio Detail

Ag

7%

C&I

9%

Construction

7%

Non-owner

occupied CRE

17%

Owner

Occupied CRE

17%

Consumer

Installment &

Residential

27%

Covered

16%

•

Leveraging presence in new markets (top five markets

account for 70% of pipeline: Atlanta, Jacksonville,

Columbia, Savannah, Charleston

•

Upgrading production positions in key markets: limited

changes to expense base but higher levels of quality

production

•

Expanding Mortgage Strategy: Jumbo mortgages,

wholesale, warehouse LOC

•

Leveraging Agricultural expertise:  better yields than in

CRE due to limited competition

•

Specialty lines of business that would diversify loan

portfolio

•

Diversified

loan

types

–

not

solely

chasing

CRE

or competing with low rates that do not

compensate for term or quality

10

Loan Portfolio –

strong loan pipelines

Consistent

Loan

Pipelines

1

Lending Strategies

Pipeline Opportunities by Type

1 –

Loan pipeline amounts consist of all loans management has deemed a 75% or better likelihood of closing.

$67

$95

$127

$139

$147

$139

$141

$130

$161

$0

$45

$90

$135

$180

4Q 11

1Q 12

2Q 12

3Q 12

4Q 12

1Q 13

2Q 13

3Q 13

4Q 13

Loan Pipeline EOQ (in millions)

Commercial

R/E, 52%

Residential

R/E, 4%

Comm'l, Fncl

& Agriculture,

33%

Construction,

11%

11

•

$27.1 million

-

Largest Relationship has  over 3.0x debt coverage, backed by taxing authority of one of our

local markets.

•

2.02x

–

Weighted average debt coverage of our 25 largest relationships.

•

65.2%

-

Weighted average loan to value on our 25 largest relationships.

Portfolio

comprised

of

smaller

relationships

Diversified through smaller relationships as well

Loan Portfolio

12

•

26.3% -

5 Year compounded growth rate in our book of non-interest bearing demand.

•

$1.1

billion

–

Growth

in

non-rate

sensitive

deposits

over

last

5

years

will

materially

protect

Ameris

Bank

from

the

sensitivity

of

a

growing

fixed

rate

loan

book.

Significant Value in Deposit Portfolio

Deposit

Composition

–

12/31/13

Growth in non-rate sensitive deposits

1,513

26%

50%

20.0%

30.0%

40.0%

50.0%

60.0%

$0

$400

$800

$1,200

$1,600

2Q 11

3Q 11

4Q 11

1Q 12

2Q 12

3Q 12

4Q 12

1Q 13

2Q 13

3Q 13

4Q 13

Non-Rate Sensitive Deposits

% of total deposits

DDA, 22%

NOW &

Savings, 28%

MMDA, 25%

Retail Time,

25%

Brokered,  0%

13

FDIC Indemnification Asset

Managing towards the end of loss share protection

I/A

–

Indemnification

Asset

for

reimbursement

on

expected

losses

from

the

FDIC

1-

Months remaining to collect remainder of indemnification asset is a weighted average based on the indemnification asset at 12/31/2013.

2 -

Current

Estimate

of

losses

includes

all

losses

incurred

to

date

as

well

as

reimbursable

expenses

plus

expected

losses

not

incurred

for

which there is

a corresponding indemnification asset.  Original estimate of losses includes gross losses identified in due diligence and 10% for workout expenses.

Classifieds Maturing   

After L/S

All Loans

Bank

Original

I/A (000's)

Current

I/A (000's)

% of

Original I/A

Remaining

Months to

Collect

Original

Estimate of

Losses (000's)

Current

Estimate of

Losses (000's)

Current

Estimate as a %

of Original

NBV

I/A

NBV

I/A on

loans

AUB

24,200

145

0.6%

9.0

33,275

29,526

88.7%

661

-

15,555

185

USB

21,640

1,181

5.5%

10.0

29,755

41,634

139.9%

989

6

17,077

1,142

SCB

22,400

1,410

6.3%

17.0

30,800

29,824

96.8%

1,517

10

33,154

1,186

FBJ

11,307

3,062

27.1%

22.0

15,547

10,976

70.6%

214

46

22,161

2,983

TBC

22,807

2,461

10.8%

23.0

31,360

24,979

89.5%

389

74

30,251

1,871

DBT

112,404

15,230

13.5%

23.0

160,577

136,365

84.9%

536

238

87,268

14,313

HTB

49,485

7,306

14.8%

30.0

68,042

51,087

75.1%

1,590

566

59,805

5,857

OGB

45,488

6,325

13.9%

30.0

62,546

33,004

52.8%

996

67

53,543

3,975

CBG

52,664

12,338

23.4%

37.0

72,413

43,753

60.4%

4,037

767

71,583

10,828

362,395

49,458

13.6%

27.8

504,315

404,223

80.2%

10,929

1,776

390,397

42,340

Challenging market to grow revenues.

Opportunistic approach of Ameris Bank includes:

•

Continued M&A activities –

•

Anticipate a 20%+ improvement in total

revenue from recently closed “Prosperity

Bank”

merger. (approx $33-$35 million)

•

Lines of business focused on higher quality assets

with better pricing opportunities than CRE.

•

Mortgage warehouse, municipal,

agricultural.

•

Mortgage business –

•

Operate in larger metro areas with more

active housing markets than national

average.

•

Never focused on refinance.  Current

production is over 90% purchase.  2013

averaged over 75% purchase.

•

SBA –

new line of business for Ameris.  Should be

able to produce approximately $5 million of

incremental revenue as we shift from retail 

referrals to dedicated BDOs.

14

Earnings

–

Continued Growth in Revenue

$28.3

$29.3

$34.6

$36.4

$40.7

$40.9

$40.6

$15.0

$25.0

$35.0

$45.0

4Q 10

2Q 11

4Q 11

2Q 12

4Q 12

2Q 13

4Q 13

Recurring Quarterly Revenue

(in millions)

15

(1)

Maturity and Repricing Opportunity are amounts and yields maturing in the designated quarter

(2)

Ameris Bank net interest margin on a fully taxable-equivalent basis, excludes H/C level TRUPs

.

•

4.63% -

Normalized net interest margin in

4Q 13 excluding excess liquidity levels

•

4.10%

-

Incremental

net

interest

margin

from newly acquired earning assets at

Prosperity Bank

•

$8.0

million

–

Additional

interest

income

from “accretion”

in 2013.  Down from $9.3

million in 2012.  FDIC accretion will continue

to decline and be replaced to some degree

with accretion from other M&A activities. 

Earnings -

Net Interest Margin

Net

Interest

Margin

(%)

3.50

4.10

4.70

5.30

Q2 '11

Q4 '11

Q2 '12

Q4 '12

Q2 '13

Q4 '13

Reported NIM

4.21

4.43

3.89

4.15

NIM with no additional accretion

16

Serious about building strength and diversification in non-

interest income sources

•

Moving away from deposit charges

•

Researching unique lines of business

•

Momentum in our numbers coming from mortgage

revenue; we believe we can duplicate that strategy

with other LOBs by hiring expertise

Earnings –

Non-Interest Income

Mortgage:

•

>80% purchase business, from larger builders and real

estate brokers.

•

Production is about 25% Government / 75%

conventional

•

Slower pace of hiring than in years past but will

continue to look at higher producing teams.

0.82%

0.81%

0.87%

1.28%

1.63%

0.25%

0.75%

1.25%

1.75%

2009

2010

2011

2012

2013

Non-Interest Income to Assets

1,209

1,475

3,001

3,740

4,768

4,464

5,001

5,232

4,431

0

2,000

4,000

6,000

4Q 11

2Q 12

4Q 12

2Q 13

4Q 13

Quarterly Mortgage Revenue

Proven ability to deploy capital

•

Excellent relationship with potential merger partners and with regulatory agencies

•

11 transactions since October 2009

Actively re-engineering the Company to operate with improved efficiency ratios

•

Ongoing process looking at systems, products, staffing

•

Believe we can reach sub 60% in several quarters.

•

M&A will accelerate our efforts to becoming an efficiency leader.

Credit costs are forecasted to drop materially in 2014.

•

Management’s estimates reflect a $0.25 pickup in EPS in 2014 versus 2013 from lower credit costs.

Low P/E relative to most any peer group

•

ABCB P/E ratio to 2014 Consensus is 12.9x

•

Southeast peer group P/E ratio of 16.7x

Growth potential (loans and revenue) is better than average

•

Non-covered loan growth of over 11% in 2013.

•

Not just a CRE lender.  Creatively booking diversity in loan products and better yields than CRE.

Credit & TARP overhangs becoming a thing of the past

•

Impact to operating results from credit costs materially reduced.

•

TARP

retirement

application

submitted

–

anticipate

retiring

remainder

in

Q1

2014.

17

Why Ameris Bank?