Ameris Bancorp (ABCB) in Moultrie, Ga., has announced a streamlining plan that includes closing or selling about 20% of its branches.

The plan should save the $3 billion-asset company roughly $12.1 million in operating expenses annually, Ameris said. The plan is the result of ongoing analysis of its operations by the board and management, Chief Executive Edwin W. Hortman Jr. said in a news release.

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