Colony Bankcorp Inc (OQ:CBAN)

Jan 29, 2024 09:00 am ET
Colony Bankcorp to Participate in Janney Annual CEO Forum
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) announced today that Heath Fountain, Chief Executive Officer, and Derek Shelnutt, Chief Financial Officer, will participate in the Janney 2024 CEO Forum to be held on January 31st to February 1st.
Jan 24, 2024 04:30 pm ET
Colony Bankcorp Reports Fourth Quarter 2023 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the fourth quarter of 2023. Financial highlights are shown below.
Jan 23, 2024 09:00 am ET
Colony Bankcorp, Inc. Promotes Derek Shelnutt to Executive Vice President and Chief Financial Officer
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank, announced today that Derek Shelnutt has been promoted to Executive Vice President and Chief Financial Officer of the Company, effective January 18, 2024. Shelnutt was previously promoted to Executive Vice President and Chief Financial Officer of Colony Bank on July 1, 2023, and previously served as Senior Vice President and Chief Accounting Officer of the Company.
Jan 09, 2024 04:15 pm ET
Colony Bank Donates $400,000 to 10 Rural Hospitals Across Georgia
Colony Bank’s recent $400,000 contribution to ten rural hospitals across Georgia through the Georgia HEART Hospital Program will help amplify healthcare funding and promote community well-being. The Georgia HEART program aims to support rural hospitals by increasing their funding and ability to provide healthcare to patients in Georgia.
Jan 05, 2024 09:00 am ET
Colony Bankcorp, Inc. Announces Date for Fourth Quarter 2023 Earnings Release and Conference Call
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that it will release its fourth quarter 2023 financial results on Wednesday, January 24, 2024, after the stock market closes. The Company will also hold a live conference call on Thursday, January 25, 2024, at 9:00 AM ET.
Oct 25, 2023 04:30 pm ET
Colony Bankcorp Reports Third Quarter 2023 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the third quarter of 2023. Financial highlights are shown below.
Oct 06, 2023 09:00 am ET
Colony Bankcorp, Inc. Announces Date for Third Quarter 2023 Earnings Release and Conference Call
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that it will release its third quarter 2023 financial results on Wednesday, October 25, 2023, after the stock market closes. The Company will also hold a live conference call on Thursday, October 26, 2023, at 9:00 AM ET.
Jul 26, 2023 04:30 pm ET
Colony Bankcorp Reports Second Quarter 2023 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the second quarter of 2023. Financial highlights are shown below.
Jul 05, 2023 04:30 pm ET
Colony Bankcorp, Inc. Announces Date for Second Quarter 2023 Earnings Release and Conference Call
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.
Jun 29, 2023 04:45 pm ET
Colony Bank Names Derek Shelnutt Chief Financial Officer
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 Financial Officer of Colony Bankcorp., Inc.
Jun 26, 2023 11:30 am ET
Colony Bank Donates $195,000 to Support Nine Schools Through Georgia Goal Scholarship Program
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.
May 15, 2023 08:30 am ET
Colony Bankcorp Announces That KBRA Affirms the Company’s Ratings
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 deposit franchise, diversified revenue stream, and stability of the loan portfolio credit profile.
Apr 27, 2023 04:30 pm ET
Colony Bankcorp Reports First Quarter 2023 Results Declares Quarterly Cash Dividend of $0.11 Per Share
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the first quarter of 2023. Financial highlights are shown below.
Apr 05, 2023 09:00 am ET
Colony Bankcorp, Inc. Announces Date for First Quarter 2023 Earnings Release and Conference Call
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.
Jan 26, 2023 04:30 pm ET
Colony Bankcorp Reports Fourth Quarter and Year Ended 2022 Results
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.
Jan 09, 2023 04:30 pm ET
Colony Bankcorp, Inc. Announces Date for Fourth Quarter 2022 Earnings Release and Conference Call
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.
Dec 21, 2022 04:30 pm ET
Colony Bank Donates $500,000 Through Georgia Heart Hospital Program
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.
Nov 07, 2022 08:00 am ET
Colony Bankcorp, Inc. Names Edward G. Canup Chief Revenue Officer, President of Banking Solutions
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.
Oct 24, 2022 08:45 am ET
Colony Bankcorp Appoints Audrey Hollingsworth to Board of Directors
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.
Oct 20, 2022 05:30 pm ET
Colony Bankcorp Reports Third Quarter 2022 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the third quarter of 2022. Financial highlights are shown below.
Oct 14, 2022 03:00 pm ET
Colony Bankcorp, Inc. Announces Date for Third Quarter 2022 Earnings Release and Conference Call
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.
Sep 16, 2022 04:15 pm ET
Colony Bankcorp to Participate in Janney Community Bank CEO Forum
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.
Sep 13, 2022 08:00 am ET
Colony Bankcorp Announces Organizational Changes
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.
Aug 18, 2022 09:00 am ET
Colony Bank Launches Investment Program in Partnership with Ameriprise Financial
Georgia-based Colony Bank recently launched a new wealth management program with Ameriprise Financial (NYSE: AMP) as its broker-dealer. Following an extensive search, Colony selected the Ameriprise Financial Institutions Group (AFIG) to provide digitally-enabled, personalized financial advice and investment solutions to its customers. With 37 locations throughout Georgia, the bank will operate its wealth management program under the brand Colony Financial Advisors.
Jul 21, 2022 04:30 pm ET
Colony Bankcorp Reports Second Quarter 2022 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the second quarter of 2022. Financial highlights are shown below.
May 23, 2022 08:00 am ET
Colony Bankcorp Completes $40 Million Subordinated Note Offering
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 basis points for the five year floating term. The Company is entitled to redeem the Notes, in whole or in part, on
Apr 21, 2022 04:35 pm ET
Colony Bankcorp Reports First Quarter 2022 Results and New Cost Initiative
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the first quarter of 2022. Financial highlights are shown below.
Feb 08, 2022 09:10 am ET
Colony Bankcorp, Inc. Announces Upsize and Pricing of Underwritten Offering of Common Stock
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 to be approximately $52.2 million. The Company has granted the underwriters a 30-day option to purchase an
Feb 07, 2022 04:50 pm ET
Colony Bankcorp, Inc. Announces Commencement of Common Stock Offering
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or “the Company”), the holding company for Colony Bank, a Georgia state-chartered bank, today announced the commencement of an underwritten public offering of approximately $52.5 million shares of its common stock to the public. The Company also expects to grant to the underwriter a 30-day option to purchase additional shares of its common stock at the public offering price, less underwriting discounts and commissions.
Jan 24, 2022 11:15 am ET
Colony Bankcorp to Participate in Janney West Coast Bank CEO Forum
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced that T. Heath Fountain, President and Chief Executive Officer, Tracie Youngblood, Executive Vice President and Chief Financial Officer, and Andy Borrmann, Executive Vice President and Chief Strategy Officer will participate the Janney West Coast CEO Forum on February 2-3, 2022 in Scottsdale, Arizona.
Jan 20, 2022 04:05 pm ET
Colony Bankcorp Reports Fourth Quarter and Year End 2021 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the fourth quarter of 2021 and for the year ended December 31, 2021. Financial highlights are shown below.
Dec 22, 2021 09:15 am ET
Colony Bankcorp Launches Merchant Services Division
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced it has launched a Merchant Services division. Led by two industry veterans, the newly created division will offer businesses seamless solutions to accept and process customer payments. Steve Raines will join Colony as Director, Merchant Services and Tami Tetro will join as Merchant Sales Representative.
Oct 22, 2021 11:00 am ET
Colony Bankcorp to Participate in Hovde Financial Services Conference
Colony Bankcorp, Inc. (NASDAQ: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced that T. Heath Fountain, President and Chief Executive Officer, Brian Schmitt, Executive Vice Chairman, Tracie Youngblood, Executive Vice President and Chief Financial Officer, and Andy Borrmann, Executive Vice President and Chief Strategy Officer will participate the Hovde Financial Services Conference on November 3-5, 2021 in Phoenix.
Oct 21, 2021 04:30 pm ET
Colony Bankcorp Reports Third Quarter 2021 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported net income of $5.6 million, or $0.45 per diluted share, for the quarter ended September 30, 2021, compared with $3.1 million, or $0.33 per diluted share, for the quarter ended September 30, 2020. The Company reported operating net income of $7.1 million, or $0.57 per diluted share, for the quarter ended September 30, 2021, compared with $3.7 million, or $0.39 per diluted share, for the same period in 2020. Operating net income for quarter ended September 30, 2021 and 2020 excludes pre-tax acquisition related expens
Sep 13, 2021 04:05 pm ET
Colony Bankcorp to Participate in Janney Community Bank Conference 2021
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced that T. Heath Fountain, President and Chief Executive Officer, Brian Schmitt, Executive Vice Chairman, Tracie Youngblood, Executive Vice President and Chief Financial Officer, and Andy Borrmann, Executive Vice President and Chief Strategy Officer will participate in a series of one-on-one meetings at the Janney Community Bank Conference on September 20-21, 2021 in Atlanta.
Aug 02, 2021 07:00 am ET
Colony Bankcorp Completes Previously Announced Acquisitions of SouthCrest Financial Group and The Barnes Agency
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that it has completed the acquisition of SouthCrest Financial Group, Inc. ("SouthCrest"), the holding company for SouthCrest Bank, N.A. SouthCrest adds over $700 million in assets through its nine-branch network, creating the largest community bank, and fourth largest bank, in Georgia with assets of approximately $2.4 billion. Additionally, the Company announced it has completed the acquisition of The Barnes Agency, an Allstate appointed consumer property and casualty insurance agency in Macon, GA and has created
Jul 27, 2021 11:00 am ET
Colony Bankcorp to Participate in KBW Virtual Community Bank Investor Conference
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank, today announced that T. Heath Fountain, President and Chief Executive Officer, and Tracie Youngblood, Executive Vice President and Chief Financial Officer, will participate in a series of one-on-one meetings at the Keefe, Bruyette & Woods’ Virtual Community Bank Investor Conference, which takes place August 3-5, 2021. Presentation materials will be available under the Investor Relations section of the Company’s website,
Jul 22, 2021 05:00 pm ET
SouthCrest Financial Group Reports Preliminary 2Q21 Earnings
Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK) announced today that the Company reported preliminary earnings of $1.63 million or $0.22/share for the second quarter ended June 30, 2021. Excluding non-core...
Jul 22, 2021 04:05 pm ET
Colony Bankcorp Reports Second Quarter 2021 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported net income of $4.0 million, or $0.42 per diluted share, for the quarter ended June 30, 2021, compared with $2.2 million, or $0.23 per diluted share, for the quarter ended June 30, 2020. The Company reported operating net income of $4.6 million, or $0.49 per diluted share, for the quarter ended June 30, 2021, compared with $2.4 million, or $0.25 per diluted share for the same period in 2020. Operating net income for June 30, 2021 and 2020 excludes pre-tax acquisition related expenses, and the net income tax benefit
Jul 21, 2021 04:15 pm ET
Colony Bankcorp, Inc. Names R. Dallis “D” Copeland, Jr. Special Advisor
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank, today announced the appointment of R. Dallis “D” Copeland, Jr. as Special Advisor. In this newly-created position working closely with Colony’s executive team, Copeland will utilize his extensive banking and executive leadership experience to provide insight on corporate planning and strategic decision making as well as customer relationship building and talent acquisition.
Jul 20, 2021 04:15 pm ET
Colony Bankcorp, Inc. Forms Colony Insurance
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced it has agreed to acquire The Barnes Agency, an Allstate appointed consumer property and casualty insurance agency in Macon, GA. The transaction is expected to close August 1, 2021. In conjunction with the transaction, the Bank has formed a new subsidiary that will operate under the brand Colony Insurance, which will offer a suite of consumer insurance solutions as an Allstate appointed agency, and has named Jason Barnes as President of the subsidiary.
Jun 21, 2021 09:00 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates the Following Companies - CBAN, CHMA, EQT, WRI, WBT, HOME
NEW YORK, June 21, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Jun 18, 2021 12:15 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Reminds CBAN, WRI, VKIN, and GNBF Shareholders About Its Ongoing Investigations
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th...
Jun 15, 2021 09:30 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates USCR, KNL, CBAN, GRA; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: U.S. Concrete, Inc. (NASDAQ: USCR) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...
Jun 11, 2021 12:12 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Reminds CBAN, WRI, VKIN, and GNBF Shareholders About Its Ongoing Investigations
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th...
Jun 10, 2021 10:48 am ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Reminds Investors of Investigation of CBAN, ALTA, AMRB, and BSCA Mergers
Rigrodsky Law, P.A. announces that it is investigating: Colony Bankcorp, Inc. (NASDAQ GM: CBAN) regarding possible breaches of fiduciary duties and other violations of law related to Colony’s agreement to merge with SouthCrest Financial Group...
Jun 05, 2021 04:02 pm ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates CBAN, PFPT, GRA, VER; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Colony Bankcorp, Inc. (NASDAQ: CBAN) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...
Jun 04, 2021 02:07 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Reminds CBAN, WRI, VKIN, and GNBF Shareholders About Its Ongoing Investigations
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th...
May 27, 2021 01:24 pm ET
SHAREHOLDER ALERT: WeissLaw LLP Reminds EQT, HOME, VER, and CBAN Shareholders About Its Ongoing Investigations
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th...
May 25, 2021 01:14 am ET
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates CBAN, GRA, CNBKA, WRI; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Colony Bankcorp, Inc. (NASDAQ: CBAN) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...
May 23, 2021 07:39 am ET
Lifshitz Law Firm, P.C. Announces Investigation of CBAN, HGV, NCBS, and PFBI
Colony Bankcorp, Inc. (NASDAQGM: CBAN) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of CBAN to SCSG. If you are an investor, and would like additional information about...
May 17, 2021 10:29 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PFPT, CBAN, TLND, BCEI; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Proofpoint, Inc. (NASDAQ: PFPT) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating...
May 04, 2021 12:40 pm ET
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates KIM, VER, CBAN, INSW; Shareholders are Encouraged to Contact the Firm
Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Kimco Realty Corporation (NYSE: KIM) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties...
Apr 26, 2021 04:05 pm ET
Colony Bankcorp to Participate in 2021 Gulf South Bank Conference
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced that T. Heath Fountain, President and Chief Executive Officer, and Tracie Youngblood, Executive Vice President and Chief Financial Officer, will participate in a series of virtual one-on-one meetings at the 2021 Gulf South Bank Conference on May 3 - 4, 2021.
Apr 23, 2021 03:51 pm ET
COLONY BANKCORP ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of CBAN and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Colony Bankcorp, Inc. (NASDAQ: CBAN) breached their fiduciary duties or violated the federal...
Apr 23, 2021 02:24 pm ET
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Colony Bankcorp, Inc. Merger
Rigrodsky Law, P.A. announces that it is investigating Colony Bankcorp, Inc. (“Colony”) (NASDAQ GM: CBAN) regarding possible breaches of fiduciary duties and other violations of law related to Colony’s agreement to merge with SouthCrest Financial...
Apr 23, 2021 11:16 am ET
Colony Bankcorp Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Colony Bankcorp, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm –
Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Colony Bankcorp, Inc. (NASDAQ: CBAN) and SouthCrest Financial Group, Inc. is fair to Colony Bankcorp shareholders. Under the terms of the merger, SouthCrest shareholders have the right to elect to receive cash or Colony Bankcorp stock subject to certain procedures such that approximately 72.5% of SouthCrest shares will be converted to Colony Bankcorp stock.
Apr 22, 2021 04:30 pm ET
Colony Bankcorp and SouthCrest Financial Group to Combine in Transformational Merger
Colony Bankcorp, Inc. (Nasdaq: CBAN) ("Colony" or "the Company"), the holding company for Colony Bank, and SouthCrest Financial Group, Inc. (PK: SCSG) ("SouthCrest"), the holding company for SouthCrest Bank, N.A., today jointly announced the signing of an Agreement and Plan of Merger under which Colony has agreed to acquire 100% of the common stock of SouthCrest in a combined stock-and-cash transaction valued at approximately $84.0 million. Upon completion of the transaction, Colony is expected to have approximately $2.4 billion in assets, $1.4 billion in loans, $2.0 billion in deposits, and $
Apr 22, 2021 04:30 pm ET
Colony Bankcorp Reports First Quarter 2021 Results
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 in 2020. Operating net income for March 31, 2021 and 2020 excludes after-tax acquisition related expenses, and the net income tax expen
Jan 22, 2021 09:00 am ET
Colony Bankcorp Reports Fourth Quarter 2020 Results
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 same period in 2019. Operating net income excludes after-tax acquisition related expenses, gain on sale and write-down of the Thomaston ba
Dec 10, 2020 05:30 pm ET
Colony Bankcorp Implements Branch Network Realignment Focused on Optimal Delivery and Cost-effective Operations
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 and Valdosta markets, effective March 19, 2021. After the closures, Colony will continue to operate one branch location in each of the
Nov 23, 2020 07:00 am ET
Colony Bankcorp Enters Northwest Georgia Market With Addition of Charles Bennett, Jr. as Senior Vice President, Commercial Banker
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.
Oct 15, 2020 04:05 pm ET
Colony Bankcorp Reports Third Quarter 2020 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported financial results for the third quarter of 2020.
Sep 11, 2020 07:00 am ET
Colony Bankcorp Announces Sale of Thomaston, Georgia, Branch to SouthCrest Financial Group
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today announced that it had signed an agreement to sell its Thomaston, Georgia, branch to SouthCrest Financial Group, Inc. (SouthCrest), the bank holding company for SouthCrest Bank, N.A. The branch is located at 206 North Church Street.
Aug 07, 2020 02:00 pm ET
Colony Bankcorp to Participate in 2020 Gulf South Bank Conference
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced that T. Heath Fountain, President and Chief Executive Officer, and Tracie Youngblood, Executive Vice President and Chief Financial Officer, will participate in a series of virtual one-on-one meetings at the 2020 Gulf South Bank Conference on Monday, August 10, 2020. Presentation materials will be available under the Investor Relations section of the Company’s website,
Jul 23, 2020 10:00 am ET
Colony Bankcorp to Participate in KBW Virtual Community Bank Investor Conference
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced that T. Heath Fountain, President and Chief Executive Officer, and Tracie Youngblood, Executive Vice President and Chief Financial Officer, will participate in a series of one-on-one meetings at the Keefe, Bruyette & Woods’ Virtual Community Bank Investor Conference, which takes place July 28 – 30, 2020. Presentation materials will be available under the Investor Relations section of the Company’s website,
Jul 22, 2020 05:30 pm ET
Colony Bankcorp Reports Second Quarter 2020 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported net income of $2.2 million, or $0.23 per diluted share, for the second quarter of 2020, compared to $2.1 million, or $0.23 per diluted share, for the same period in 2019. Excluding payroll protection program and acquisition-related expenses, Colony reported operating net income of $2.4 million, or $0.25 adjusted earnings per diluted share, in the second quarter of 2020, compared to $3.6 million, or $0.40 adjusted earnings per diluted share, for the same period in 2019.
May 15, 2020 07:00 am ET
Colony Bankcorp Names Leonard H. Bateman, Jr. Executive Vice President and Chief Credit Officer
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...
Apr 24, 2020 07:00 am ET
Colony Bankcorp Reports First Quarter 2020 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported net income of $1.6 million or $0.17 per diluted share for the first quarter of 2020 compared to $2.8 million or $0.34 per diluted share for the same period in 2019. The...
Feb 24, 2020 07:00 am ET
Colony Bank Signs Definitive Agreement To Acquire Cadence Bank’s East Georgia Homebuilder Finance Loan Portfolio And Expand Its Footprint In Savannah And Augusta
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank (the “Bank”), today announced the signing of a definitive agreement with Cadence Bank (“Cadence”) to purchase its East Georgia Homebuilder Finance...
Jan 16, 2020 04:05 pm ET
Colony Bankcorp Reports Fourth Quarter and Year-End 2019 Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported net income of $2.8 million or $0.29 per diluted share for the fourth quarter of 2019 compared with $3.0 million or $0.35 per diluted share for the same quarter last...
Dec 17, 2019 07:00 am ET
Colony Bankcorp Enters Augusta Market With Addition of Veteran Industry Leader as SVP, Director of Homebuilder Finance Division
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...
Oct 18, 2019 07:00 am ET
Colony Bankcorp Reports Third Quarter Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported net income of $2.5 million or $0.27 per diluted share for the third quarter of 2019 compared with $2.7 million or $0.32 per diluted share for the same quarter last...
Jul 26, 2019 01:30 pm ET
Colony Bankcorp to Present at 2019 KBW Community Bank Investor Conference
Colony Bankcorp, Inc. (NASDAQ: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced that T. Heath Fountain, President and Chief Executive Officer, and Tracie Youngblood, Executive Vice President...
Jul 18, 2019 04:05 pm ET
Colony Bankcorp Reports Second Quarter Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”) today reported net income of $2.1 million or $0.23 per diluted share for the second quarter of 2019 compared with $3.1 million or $0.36 per diluted share for the same quarter last...
Jul 03, 2019 09:00 am ET
Colony Bankcorp Starts Small Business Specialty Lending Group With Two Veteran Bankers
Colony Bankcorp, Inc. (NASDAQ: CBAN) ("Colony" or the "Company"), the bank holding company for Colony Bank (the "Bank"), today announced that the Company has opened a Small Business Specialty Lending Group focusing on Small Business Administration...
Jun 03, 2019 07:30 am ET
Colony Bankcorp Names Lance Whitley Chief People Officer
Colony Bankcorp, Inc. (NASDAQ: CBAN) ("Colony" or the "Company"), the bank holding company for Colony Bank (the "Bank"), today announced that Lawrence A. (Lance) Whitley will join the Bank on June 10, 2019, as its Chief People Officer.  In this...
May 20, 2019 04:05 pm ET
Colony Bankcorp Announces Upcoming CFO Transition and Other Senior Management Realignment and Promotions
Colony Bankcorp, Inc. (NASDAQ: CBAN) ("Colony" or the "Company") today announced that Terry L. Hester (age 64), Executive Vice President, Chief Financial Officer and Secretary of the Company, has informed the Company that he intends to retire on...
May 01, 2019 07:00 am ET
Colony Bankcorp, Inc. Completes Previously Announced Acquisitions of LBC Bancshares, Inc. and PFB Mortgage
Colony Bankcorp, Inc. (Nasdaq: CBAN) ("Colony" or "the Company") today announced that it has completed the acquisition of LBC Bancshares, Inc. ("LBC"). Following completion of the acquisition, LBC's subsidiary bank, Calumet Bank, was merged with...
Apr 18, 2019 04:05 pm ET
Colony Bankcorp Reports First Quarter Results
Colony Bankcorp, Inc. (Nasdaq: CBAN) ("Colony" or the "Company") today reported net income of $2.84 million or $0.34 per diluted share for the first quarter of 2019 compared with $3.2 million or $0.37 per diluted share for the same quarter last...
Apr 16, 2019 08:50 am ET
Colony Bank Signs Definitive Agreement to Acquire PFB Mortgage
Colony Bank, the banking subsidiary of Colony Bankcorp, Inc. (Nasdaq: CBAN), today announced that it has signed an agreement to acquire PFB Mortgage, the secondary market mortgage business of Planters First Bank.  The Company expects all staff,...
Mar 21, 2019 04:45 pm ET
Stockholders of LBC Bancshares, Inc. Approve Merger With Colony Bankcorp, Inc.
Colony Bankcorp, Inc. (Nasdaq: CBAN) ("Colony" or "the Company") today announced that the shareholders of LBC Bancshares, Inc. ("LBC"), parent company of Calumet Bank, a Georgia state-chartered bank, have voted to approve Colony's proposed...
Mar 11, 2019 04:05 pm ET
Colony Bankcorp Names Meagan Mowry and Matthew Reed to the Boards of Directors of the Company and Colony Bank
Colony Bankcorp, Inc. (Nasdaq: CBAN) today announced the appointment of Meagan M. Mowry and Matthew D. Reed to the Boards of Directors for both the Company and Colony Bank, effective immediately.  The addition of Mowry and Reed expands both Boards...
Jan 17, 2019 04:05 pm ET
Colony Bankcorp Reports Fourth Quarter 2018 Results and Record Earnings For the Year
Colony Bankcorp, Inc. (Nasdaq: CBAN) today reported net income available to shareholders of $2.97 million or $0.35 per diluted share for the fourth quarter of 2018 compared with $579 thousand or $0.07 per diluted share for the same quarter last...
Dec 18, 2018 07:00 am ET
Colony Bankcorp Signs Definitive Agreement to Acquire LaGrange, Georgia-Based LBC Bancshares, Inc.
Colony Bankcorp, Inc. (Nasdaq: CBAN) ("Colony" or "the Company"), the holding company for Colony Bank, a Georgia state-chartered bank, today announced the signing of an Agreement and Plan of Merger with LBC Bancshares, Inc. ("LBC"), parent company...
Oct 18, 2018 04:05 pm ET
Colony Bankcorp Reports Higher Third Quarter Earnings
Colony Bankcorp, Inc. (Nasdaq: CBAN), today reported net income available to shareholders of $2.70 million or $0.32 per diluted share for the third quarter of 2018 compared with $2.62 million or $0.30 per diluted share for same quarter last year,...
Aug 23, 2018 05:00 pm ET
Colony Bankcorp, Inc. Announces Employment Inducement Award
Colony Bankcorp, Inc. (NASDAQ: CBAN), the holding company for Colony Bank, announced that the Compensation Committee of its Board of Directors, which is comprised entirely of independent directors, granted an inducement award pursuant to Rule...
Aug 22, 2018 10:30 am ET
Colony Bankcorp, Inc. Declares Third Quarter Dividend
Colony Bankcorp, Inc. (Nasdaq:CBAN) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 per share payable September 28, 2018 to shareholders of record on September 3, 2018. Projected earnings along with Colony’s...
Jul 30, 2018 09:20 am ET
Colony Bankcorp, Inc. Names T. Heath Fountain as President & Chief Executive Officer
Colony Bankcorp, Inc. (NASDAQ: CBAN), the holding company for Colony Bank, announced the appointment of T. Heath Fountain as its President CEO.  Fountain most recently served as President CEO of Planters First Bank.  Fountain succeeds Edward P....
Jul 17, 2018 08:00 am ET
Colony Bankcorp, Inc. Announces Second Quarter Results
Colony Bankcorp, Inc. (Nasdaq:CBAN), today reported net income available to shareholders of $3,069,000, or $0.36 per diluted share for the second quarter of 2018 compared to $2,433,000, or $0.28 per diluted share for the comparable 2017 period,...
May 23, 2018 10:00 am ET
Colony Bankcorp, Inc. Declares Second Quarter Dividend
Colony Bankcorp, Inc. (Nasdaq Global Market:CBAN) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 per share payable June 29, 2018 to shareholders of record on June 4, 2018. The board factored in earnings...
Apr 18, 2018 08:00 am ET
Colony Bankcorp, Inc. Announces First Quarter Results
FITZGERALD, Ga., April 18, 2018 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN), today reported net income available to shareholders of $3,188,000, or $0.37 per diluted share for the first quarter of 2018 compared to $1,906,000, or $0.22 per...
Feb 21, 2018 09:30 am ET
Colony Bankcorp, Inc. Declares First Quarter Dividend
FITZGERALD, Ga., Feb. 21, 2018 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 per share payable March 30, 2018 to shareholders of record on March 5,...
Jan 26, 2018 08:00 am ET
Colony Bankcorp, Inc. Announces Fourth Quarter Results
FITZGERALD, Ga., Jan. 26, 2018 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN), today reported net income available to shareholders of $579,000, or $0.07 per diluted share for the fourth quarter of 2017 compared to $1,883,000, or $0.22 per...
Nov 22, 2017 08:00 am ET
Colony Bankcorp, Inc. Declares Fourth Quarter Dividend
FITZGERALD, Ga., Nov. 22, 2017 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN) announced today that its Board of Directors declared a quarterly cash dividend of $0.025 per share payable December 28, 2017 to shareholders of record on December 5,...
Aug 16, 2017 10:00 am ET
Colony Bankcorp, Inc. Declares Third Quarter Dividend
FITZGERALD, Ga., Aug. 16, 2017 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN) announced today that its Board of Directors declared a quarterly cash dividend of $0.025 per share payable September 29, 2017 to shareholders of record on September 1, 2017. The board factored in earnings projected for the quarter along with Colony’s capital position in setting the dividend payment.  Colony’s capital position remains strong with its total risk-based capital approximating 15.32 percent – well above the regulatory minimum requirement of 10 percent to be categorized as “well-capitalized.”    ...
Jul 18, 2017 08:00 am ET
Colony Bankcorp, Inc. Announces Second Quarter Results
FITZGERALD, Ga., July 18, 2017 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN), today reported net income available to shareholders of $2,433,000, or $0.28 per diluted share for the second quarter of 2017 compared to $1,761,000, or $0.21 per diluted share for the comparable 2016 period, while net income available to shareholders for the six month period ended June 30, 2017 was $4,339,000, or $0.50 per diluted share compared to $3,417,000, or $0.40 per share for the comparable 2016 period.  This increase of 26.98 percent in net income for the comparable six month period was primaril...
May 24, 2017 04:00 pm ET
Colony Bankcorp, Inc. Declares Second Quarter Dividend
FITZGERALD, Ga., May 24, 2017 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN) announced today that its Board of Directors declared a quarterly cash dividend of $0.025 per share payable June 30, 2017 to shareholders of record on June 2, 2017. The board factored in earnings projected for the quarter along with Colony’s capital position in setting the dividend payment.  Colony’s capital position remains strong with its total risk-based capital approximating 15.39 percent – well above the regulatory minimum requirement of 10 percent to be categorized as “well-capitalized.”    ...
Jan 19, 2017 08:00 am ET
Colony Bankcorp, Inc. Announces Fourth Quarter Results
FITZGERALD, Ga., Jan. 19, 2017 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN), today reported net income available to shareholders of $1,883,000, or $0.22 per diluted share for the fourth quarter of 2016 compared to $1,584,000, or $0.19 per diluted share for the comparable 2015 period, while net income available to shareholders for the twelve month period ended December 31, 2016 was $7,180,000, or $0.84 per diluted share compared to $5,998,000, or $0.71 per share for the comparable 2015 period.  This increase of 19.71 percent in net income for the comparable twelve month periods w...
Oct 20, 2016 08:00 am ET
Colony Bankcorp, Inc. Announces Third Quarter Results
FITZGERALD, Ga., Oct. 20, 2016 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN), today reported net income available to shareholders of $1,880,000, or $0.22 per diluted share for the third quarter of 2016 compared to $1,606,000, or $0.19 per diluted share for the comparable 2015 period, while net income available to shareholders for the nine month period ended September 30, 2016 was $5,297,000, or $0.62 per diluted share compared to $4,414,000, or $0.52 per share for the comparable 2015 period.    This increase of 20.00 percent in net income for the comparable nine month period wa...
Sep 07, 2016 05:00 pm ET
Colony Bankcorp, Inc. Announces Partial Redemption of Preferred Stock
FITZGERALD, Ga., Sept. 07, 2016 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN) today announced redemption of 3,661 shares of its Cumulative Perpetual Preferred Stock ($1,000 Par Value).  Total principal payment will be $3,661,000 and leave the company with 14,360 preferred shares outstanding.  This action was in concurrence with both Georgia Department of Banking and Finance and Federal Reserve Bank of Atlanta.  “This will be immediately accretive to EPS,” said Ed Loomis, President and Chief Executive Officer.  “Subject to regulatory approval later this year, we intend to exercise o...
Jul 20, 2016 10:00 am ET
Colony Bankcorp, Inc. Announces Second Quarter Results
FITZGERALD, Ga., July 20, 2016 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN), today reported net income available to shareholders of $1,761,000, or $0.21 per diluted share for the second quarter of 2016 compared to $1,555,000, or $0.18 per diluted share for the comparable 2015 period, while net income available to shareholders for the six month period ended June 30, 2016 was $3,417,000, or $0.40 per diluted share compared to $2,808,000, or $0.33 per share for the comparable 2015 period.    This increase of 21.69 percent in net income for the comparable six month period was primar...

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