US Premium Finance: Ameris Bancorp (ABCB) to Acquire Remainder of US Premium Finance

Ameris Bancorp (Nasdaq: ABCB) ("Ameris"), the parent company of Ameris Bank, announced today the signing of a definitive stock purchase agreement under which Ameris will acquire the remainder of the outstanding shares of US Premium Finance Holding Company ("USPF"). Since early 2017, the business of USPF has operated as a division of Ameris Bank, the banking subsidiary of Ameris. Ameris has held a minority ownership position in USPF during that time. The acquisition is scheduled to close in the first quarter of 2018.