Ameris Bancorp (ABCB) in Moultrie, Ga., reported a 93% drop in earnings and missed projections by 10 cents per share in the third quarter.

Net income at the $3 billion-asset company was $1.1 million, or 4 cents per share, compared with $15.6 million a year earlier. The 2011 figure included a $26.9 million gain from acquisitions. Ameris had been expected to earn 14 cents per share, according to a consensus estimate of analysts.

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