Colony Bankcorp

Colony Bankcorp, Inc. is a bank holding company, which engages in the stockholder and investor relations functions through its subsidiary, Colony Bank. It operates through the following segments: Banking Division, Mortgage Division, and Small Business Specialty Lending Division. The Banking Division segment offers full service financial services including commercial loans, consumer loans and deposit accounts. The Mortgage Division segment consists of sales and servicing of one-to-four family residential mortgage loans. The Small Business Specialty Lending Division segment focuses on the selling and servicing of SBA and USDA government guaranteed loans. The company was founded on November 8, 1982 and is headquartered in Fitzgerald, GA.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Colony Bankcorp reports steady earnings growth amid mortgage challenges

Colony Bankcorp's Q4 2022 performance showed resilience in earnings driven by the banking division amidst challenges in mortgage banking.
The company's focus on organic growth, expense management, and strategic hires highlights a commitment to long-term success.
While facing challenges such as interest rate shifts and credit standards, Colony Bankcorp is well-positioned to capitalize on opportunities for revenue growth and efficiency.

Colony Bankcorp reports solid Q1 results amidst industry challenges

Colony Bankcorp navigated industry challenges with resilience, focusing on core banking strengths. While facing margin pressure and market shifts, the bank aims for improved profitability and growth opportunities.

Colony Bankcorp reports resilient Q2 performance amidst economic challenges

Colony Bankcorp (CBAN) navigated economic challenges well in Q2 2023, reporting increased earnings and strong mortgage demand. Margin pressure and slower loan growth pose challenges to achieving targeted ROA levels.
The company's focus on cost reduction, stock repurchase, and maintaining strong asset quality positions it well for future growth opportunities. Continued efforts to optimize profitability and enhance shareholder value are key priorities.
Despite facing margin pressure and lower loan demand, Colony Bankcorp's performance in core earnings and deposit growth underscores its resilience and strategic initiatives to drive long-term success.

Colony Bankcorp (CBAN) reports increased earnings and addresses growth challenges

Colony Bankcorp (CBAN) reported increased earnings and strong asset quality in Q3 2023, with a focus on controlling expenses and enhancing operational efficiency.
While facing challenges such as a slowdown in loan growth and potential margin compression, the company is well-positioned to capitalize on opportunities like deposit growth and technology investments.
Analysts raised questions on key financial metrics, indicating interest in the company's profitability initiatives and growth prospects.
Overall, Colony Bankcorp (CBAN) showcased a balanced performance with a strategic focus on sustainable growth and operational excellence.

Colony Bankcorp reports Q4 performance, eyes growth amidst challenges

Colony Bankcorp's Q4 2023 performance reflects a strategic focus on efficiency, customer relationships, and shareholder value amidst challenges and opportunities in the financial landscape.
While facing margin compression and lower noninterest income, the company's strengths in disciplined expense management and revenue diversification position it well for future growth.
With a commitment to increasing dividends, modest loan growth, and optimizing operational efficiency, Colony Bankcorp aims to navigate challenges and capitalize on opportunities for sustainable profitability and shareholder value.

Colony Bankcorp reports improved Q1 performance amidst margin challenges

Colony Bankcorp's Q1 2024 performance showed improved operating results, strong expense discipline, and a focus on enhancing future earnings through strategic adjustments.
While facing margin pressure and modest loan declines, the company remains well-positioned to capitalize on opportunities in noninterest income growth and customer experience enhancement.
Overall, Colony Bankcorp's financial performance, credit quality, and strategic initiatives indicate a resilient and proactive approach to navigating the evolving market landscape.

Colony Bankcorp reports strong Q2 earnings, eyes growth opportunities

Colony Bankcorp delivered a solid performance in Q2, with notable increases in operating net income and profitability in key business segments.
While facing challenges such as modest loan growth and seasonal deposit declines, the company remains focused on efficiency and credit quality.
Opportunities lie in leveraging successful divisions like mortgage banking and small business lending for sustained growth and profitability.

Colony Bankcorp reports resilient Q3 performance with growth opportunities

Colony Bankcorp's Q3 performance reflects resilience and growth despite challenges from Hurricane Helene.
Strengths in deposit and loan growth, expense discipline, and digital banking initiatives position the company well.
Challenges include margin impact from deposit mix shift and potential future growth rate maintenance concerns.
Opportunities lie in margin expansion, digital banking enhancements, and sustained loan growth in Q4.

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FITZGERALD, Ga.--(BUSINESS WIRE)--Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported net income of $4.9 million, $0.52 per diluted share, for the quarter ended March 31, 2021, compared with $1.6 million, or $0.17 per diluted share, for the quarter ended March 31, 2020. The Company reported operating net income of $5.1 million, or $0.53 per diluted share, for the quarter ended March 31, 2021, compared with $1.8 million, or $0.19 per diluted share for the same period

Colony Bankcorp Reports First Quarter 2021 Results

FITZGERALD, Ga.--(BUSINESS WIRE)---- $CBAN--Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported net income of $4.9 million, $0.52 per diluted share, for the quarter ended December 31, 2020, compared with $2.8 million, or $0.29 per diluted share, for the quarter ended December 31, 2019. The Company reported operating net income of $4.2 million, or $0.44 per diluted share, for the quarter ended December 31, 2020, compared with $3.0 million, or $0.32 per diluted share for the sam

Colony Bankcorp Reports Fourth Quarter 2020 Results

FITZGERALD, Ga.--(BUSINESS WIRE)---- $CBAN--Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced the strategic realignment of its branch network. As part of the realignment, select Colony Bank branches will be consolidated, resulting in the closure of five branches, or a total of 18% of the Bank's branch network. The branches to be closed consist of one branch located in each of the Columbus, Douglas, Fitzgerald, Savannah

Colony Bankcorp Implements Branch Network Realignment Focused on Optimal Delivery and Cost-effective Operations

FITZGERALD, Ga.--(BUSINESS WIRE)---- $CBAN--Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced its expansion into the Northwest Georgia market through the addition of Charles (“Buddy”) Bennett, Jr. as Senior Vice President, Commercial Banker for its Canton, Georgia, market. Bennett will report to Eddie Hoyle, Executive Vice President, Chief Banking Officer. Bennett has over 30 years of banking experience in the Northwes

Colony Bankcorp Enters Northwest Georgia Market With Addition of Charles Bennett, Jr. as Senior Vice President, Commercial Banker

FITZGERALD, Ga.--(BUSINESS WIRE)---- $CBAN--Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the third quarter of 2020. Third Quarter 2020 Financial Highlights: Net income of $3.1 million, or $0.33 per diluted share Operating net income of $3.7 million, or $0.39 adjusted earnings per diluted share (see Non-GAAP reconciliation) Total assets of $1.8 billion Total loans, including loans held for sale, of $1.2 billion $1.1 million provision for loan losses

Colony Bankcorp Reports Third Quarter 2020 Results

FITZGERALD, Ga.--(BUSINESS WIRE)---- $CBAN--Colony Bankcorp, Inc.

Colony Bankcorp Announces Sale of Thomaston, Georgia, Branch to SouthCrest Financial Group

Colony Bankcorp to Participate in 2020 Gulf South Bank Conference

FITZGERALD, Ga.--(BUSINESS WIRE)--Colony Bankcorp, Inc.

Colony Bankcorp Reports Second Quarter 2020 Results

FITZGERALD, Ga., May  15, 2020  (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced that Leonard H. (“Lenny”) Bateman, Jr. has been named Executive Vice President and Chief Credit Officer of the Company, effective June 1, 2020. Bateman replaces J. Stan Cook, who will be reducing his workload and responsibilities for medical reasons. Cook will be assuming a role in the credit department focused on the Bank’s commercial real estate portfolio and will be responsible for credit oversight of construction lending, commercial real estate and real estate appraisals.

Colony Bankcorp Names Leonard H. Bateman, Jr.

FITZGERALD, Ga., Dec.  17, 2019  (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced its expansion into the Augusta market by naming Hugh Hollar to the newly created position of Senior Vice President, Director of the Homebuilder Finance Division. Hollar will be primarily focused on residential construction lending and residential lot development lending.

Colony Bankcorp Enters Augusta Market With Addition of Veteran Industry Leader as SVP, Director of Homebuilder Finance Division

Company Declares Quarterly Cash Dividend of $0.075 Per Share Company Declares Quarterly Cash Dividend of $0.075 Per Share

Colony Bankcorp Reports Third Quarter Results

News for Colony Bankcorp Stock (CBAN)