News & Videos - COLONY BANKCORP INC.

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the second quarter of 2023. Financial highlights are shown below. Financial Highlights: Net income increased to $5.3 million, or $0.30 per diluted share, for the second quarter of 2023, compared to $5.0 million, or $0.29 per diluted share, for the first quarter of 2023, and $3.4 million, or $0.19 per diluted share, for the second quarter of 2022. Operating net income increased to $5.7...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that it will release its second quarter 2023 financial results on Wednesday, July 26, 2023, after the stock market closes. The Company will also hold a live conference call on Thursday, July 27, 2023, at 9:00 am ET. The conference call can be accessed by dialing 1-888-259-6580 and entering the access code 03803040. Participants are encouraged to dial in 15 minutes prior to the call. A replay of the call will...

Colony Bank announced today that Derek Shelnutt has been named Executive Vice President and Chief Financial Officer of the Bank, effective July 1, 2023. Shelnutt previously served as Senior Vice President, Chief Accounting Officer, and Acting Chief Financial Officer of the Bank since January 2023. Shelnutt will continue to serve as Senior Vice President and Chief Accounting Officer of Colony Bankcorp., Inc. and Heath Fountain, Chief Executive Officer, will continue to serve as Acting Chief...

Colony Bank is proud to announce its recent contribution of $195,000 to support the Georgia GOAL Scholarship Program. This donation was directed to nine schools across the state and will provide financial assistance to students seeking higher education. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230626482752/en/ Colony Bank contributes $195,000 to support nine Georgia schools through the Georgia GOAL Scholarship Program (Photo:...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) announced today the Company's ratings were affirmed by the Kroll Bond Rating Agency (KBRA) in its press release dated May 12, 2023. KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for the Company. KBRA indicated a Stable outlook for all long-term ratings and among its key credit considerations, cited favorable views of the Company’s durable...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the first quarter of 2023. Financial highlights are shown below. Financial Highlights: Net income decreased to $5.0 million, or $0.29 per diluted share, for the first quarter of 2023, compared to $5.6 million, or $0.31 per diluted share, for the fourth quarter of 2022, and $5.3 million, or $0.34 per diluted share, for the first quarter of 2022. Operating net income decreased to $5.5...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that it will release its first quarter 2023 financial results on Thursday, April 27, 2023, after the stock market closes. The Company will also hold a live conference call on Friday, April 28, 2023, at 9:00 am EDT. The conference call can be accessed by dialing 1-833-470-1428 and entering the access code 759681. Participants are encouraged to dial in 15 minutes prior to the call. A replay of the call will be...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the fourth quarter of 2022 and for the year ended December 31, 2022. Financial highlights are shown below. Financial Highlights: Net income increased to $5.6 million, or $0.31 per diluted share, for the fourth quarter of 2022, compared to $5.3 million, or $0.30 per diluted share, for the third quarter of 2022, and $4.2 million, or $0.30 per diluted share, for the fourth quarter of 2021....

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that it will release its fourth quarter 2022 financial results on Thursday, January 26, 2023, after the stock market closes. The Company will also hold a live conference call on Friday, January 27, 2023, at 9:00 am EST to discuss its financial results, business, and outlook. The conference call can be accessed by dialing 1-844-200-6205 and entering the access code 430149. Participants are encouraged to dial...

Colony Bank today announced that it has donated $500,000 to 10 rural hospitals throughout Georgia as part of the Georgia HEART Hospital Program. This program aims to help rural hospitals by increasing their funding and their ability to provide healthcare to many patients throughout Georgia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221221005590/en/ Colony Bank donates $500,000 through the Georgia HEART Hospital Program (Photo:...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced that Edward G. “Ed” Canup has been named Chief Revenue Officer and President of Banking Solutions. In this newly created position, Canup will be charged with the strategic development of new business lines, the expansion of existing ancillary lines of business, and the support of relationship banking. This press release features multimedia. View...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced the appointment of Audrey D. Hollingsworth to the Board of Directors for both the Company and Colony Bank, effective December 1, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221024005241/en/ Colony Bankcorp Appoints Audrey D. Hollingsworth to Board of Directors (Photo: Business...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the third quarter of 2022. Financial highlights are shown below. Financial Highlights: Net income increased to $5.3 million, or $0.30 per diluted share, for the third quarter of 2022, compared to $3.4 million, or $0.19 per diluted share, for the second quarter of 2022, and $5.6 million, or $0.45 per diluted share, for the third quarter of 2021. Operating net income of $5.3 million, or...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that it will release its third quarter 2022 financial results on Thursday, October 20, 2022, after the stock market closes. The Company will also hold a live conference call on Friday, October 21, 2022, at 9:00 am EDT to discuss its financial results, business, and outlook. The conference call can be accessed by dialing 1-844-200-6205 and entering the access code 915766. Participants are encouraged to dial...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that Heath Fountain, Chief Executive Officer, Andy Borrmann, Chief Financial Officer, and D. Copeland, President, will participate in the Janney Community Bank CEO Forum on September 19-20, 2022. A copy of the investor presentation will be available prior to the event in the Investor Relations section of the Company’s website, www.colony.bank . About Colony Bankcorp Colony Bankcorp, Inc. is the bank...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced senior management organizational changes designed to position the Company for long-term success on its mission to build a sustainable, high-performing independent bank. M. Eddie Hoyle, Executive Vice President and Chief Banking Officer, has informed the Company that he intends to retire on December 31, 2022, following 11 years of service to Colony...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the second quarter of 2022. Financial highlights are shown below. Financial Highlights: Net income decreased to $3.4 million, or $0.19 per diluted share, for the second quarter of 2022, compared to $5.3 million, or $0.34 per diluted share, for the first quarter of 2022, and $4.0 million, $0.42 per diluted share, for the second quarter of 2021. Operating net income of $5.2 million, or...

Colony Bankcorp, Inc. (NASDAQ: CBAN) (“Colony” or the “Company”), the parent company of Colony Bank, announced today the completion of its private placement of $40 million in fixed-to-floating rate subordinated notes due 2032 (the “Notes”) on May 20, 2022. The Notes will bear a fixed rate of 5.25% for the first five years and will reset quarterly thereafter to then current three-month Secured Overnight Financing Rate, as published by the Federal Reserve Bank of New York, plus 265...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the first quarter of 2022. Financial highlights are shown below. Financial Highlights: Net income increased to $5.3 million, or $0.34 per diluted share, for the first quarter of 2022, compared to net income for the fourth quarter of 2021 of $4.2 million, or $0.30 per diluted share, and $4.9 million, or $0.52 per diluted share, for the first quarter of 2021. Operating net income of $5.8...

Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, a Georgia state-chartered bank, today announced the pricing of an upsized underwritten public offering of 3,346,509 shares of its common stock at a price to the public of $16.50 per share for gross proceeds of approximately $55.2 million. The net proceeds to the Company, after deducting underwriting discounts and commissions but before deducting estimated offering expenses, are expected...