ABC Bancorp is a bank holding company. Its primary business is to manage the business and affairs of its commercial bank subsidiaries (the Banks). The Banks provide a range of retail and commercial banking services to its customers, including checking, savings, negotiable order of withdrawal (NOW), money market accounts, time deposit accounts and individual retirement account (IRAs); loans for business, agriculture, real estate, personal uses, home improvement and automobiles; credit cards through Maryland Bank North America (MBNA); debit cards; overdraft protection services; Internet banking; letters of credit; brokerage services through Raymond James Financial Services, Inc.; safe deposit box rentals; bank official checks, and electronic funds transfer services, including wire transfers, automated teller machines (ATMs) and automated clearing house (ACH) transactions. In December 2004, the Company acquired 100% of the equity of Citizens Bancshares, Inc., Crawfordville, Florida.