North Reef Capital Management LP Acquires 5.04% Stake in Ameris Bancorp

North Reef Capital Management LP, along with North Reef Capital Management GP LLC and James Hanna, III, has filed a Schedule 13G indicating a new substantial position in Ameris Bancorp (ABCB). As of the event date on March 31, 2026, the reporting persons collectively beneficially own 3,423,243 shares of common stock, representing a 5.04% ownership stake in the company. The filing, dated May 15, 2026, establishes North Reef as a significant institutional investor in the Georgia-based bank holding company. The shares are held with shared voting and dispositive power among the reporting entities. This acquisition was made in the ordinary course of business, as certified by the filers, indicating a passive investment intent rather than an attempt to influence or change the control of the issuer. The total value of the position is estimated at approximately $282.6 million based on the provided supplementary data. This filing marks a significant increase from a previous zero-holding position.