Ameris Bancorp (ABCB) in Moultrie, Ga., has repurchased all the shares it issued under the Troubled Asset Relief Program.

The $3.7 billion-asset company said in a press release Tuesday that it had redeemed $28 million in preferred stock from private investors. Ameris issued $52 million in stock to the Treasury Department in November 2008. The Treasury auctioned the shares to investors in June 2012.

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