Hamilton State Bancshares, Inc.
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Hamilton State Bancshares, Inc. - overview
Established
2004
Location
-, GA, US
Primary Industry
Financial Services
About
Hamilton State Bancshares, Inc. operates as a financial institution providing banking services and products to meet the needs of personal and business clients in the United States. Hamilton State Bancshares, Inc. offers banking services focusing on personal and business clients.
Founded in 2004 and headquartered in Hoschton, US, the company was acquired by Ameris Bank in June 2018 from Angelo, Gordon & Co. and Tailwind Capital. The acquisition included 2 deals, with the most recent deal completed in January 2018. The company’s latest funding round, labeled as Growth, raised USD 231.
60 mn, bringing the total amount raised to USD 231. 60 mn. Hamilton State Bancshares, Inc. provides a variety of financial products and services tailored for personal, business, and commercial clients.
This includes deposit accounts such as checking and savings, along with loan offerings like mortgage loans, personal loans, business loans, and credit cards. The bank supports small businesses and individuals through essential funding solutions, including equipment financing and home equity lines of credit, catering to a diverse clientele across several U. S. states.
Hamilton State Bancshares, Inc. derives its revenue mainly from interest income on loans and fees associated with its financial products and services. The bank engages in B2B and direct-to-consumer transactions, focusing on financing solutions for first-time homebuyers and commercial real estate. Revenue is generated through interest rates on loans and fees for account maintenance, transactions, and other services, with significant contributions from flagship offerings like home equity lines of credit and business equipment financing.
Moving forward, Hamilton State Bancshares, Inc. intends to leverage its recent funding to enhance its product offerings and expand its market reach. Following its acquisition by Ameris Bank, the bank will focus on launching new financial products tailored for evolving customer needs. Additionally, the company plans to explore expansion into new geographic regions, aiming to strengthen its presence in the Southeast and Mid-Atlantic areas.
The recent growth funding will support these initiatives as they seek to diversify their service offerings and reach broader markets.
Primary Industry
Financial Services
Sub Industries
Commercial Banks, Credit Collections & Services, Mortgage Banking
Website
www.hamiltonstatebank.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Hamilton State Bancshares, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Hamilton State Bancshares, Inc. | - | ||||||||
| Growth | Completed | Hamilton State Bancshares, Inc. | - |
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