U.S. Fed approves Ameris Bancorp-Hamilton State Bancshares merger

WASHINGTON (Reuters) – The U.S.
Federal Reserve said on Wednesday it had approved a merger between Georgia’s Ameris Bancorp and Hamilton State Bancshares, in a further sign of growing bank consolidation in the country. FILE PHOTO: The Federal Reserve building in Washington September 1, 2015.
REUTERS/Kevin Lamarque Ameris, which has consolidated assets of about $7.9 billion, will take over Hamilton, with $1.
8 billion in assets. The combined group will be a top 200 bank by assets.


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