Welcome to our dedicated page for Colony Bankcorp news (Ticker: CBAN), a resource for investors and traders seeking the latest updates and insights on Colony Bankcorp stock.
Colony Bankcorp Inc (CBAN) provides essential banking services across Georgia through its 29-branch network, specializing in commercial lending and community-focused financial solutions. This page serves as the definitive source for tracking the company's latest developments and strategic direction.
Investors and stakeholders will find timely updates including quarterly earnings announcements, regulatory filings, leadership appointments, and service expansions. Our curated collection ensures transparent access to press releases about loan portfolio performance, branch network growth, and innovations in small business lending practices.
The news archive systematically organizes critical updates across three key areas: financial results detailing net interest margin trends, operational changes affecting retail mortgage services, and strategic initiatives in agricultural lending markets. Content is verified against original SEC filings and company communications for accuracy.
For those monitoring regional banking trends, we recommend bookmarking this page for efficient tracking of CBAN's market position relative to peers. Regular visitors gain advantage through structured updates on deposit product enhancements and commercial real estate lending activities without promotional commentary.
Colony Bankcorp, Inc. (NASDAQ: CBAN) will announce its first quarter 2023 financial results on April 27, 2023, after the market closes. A live conference call is scheduled for April 28, 2023, at 9:00 am EDT. Participants can join the conference by calling 1-833-470-1428 using access code 759681. The replay will be available until May 5, 2023. Colony Bankcorp, headquartered in Fitzgerald, Georgia, operates 36 locations across Georgia and Alabama, providing a range of banking services and consumer insurance products. More information will be available on their website.
Colony Bankcorp, Inc. (Nasdaq: CBAN) announced a quarterly cash dividend of $0.11 per share and reported a fourth-quarter net income of $5.6 million, up from $5.3 million in Q3 2022. Total loans increased by 9.49% to $1.74 billion, with SBA loans showing growth, totaling $75.1 million for the year. However, net interest margin decreased slightly as higher-cost borrowings funded loan growth. Noninterest income fell by 28.9%, primarily due to reduced mortgage fee income. Despite a slight rise in nonperforming assets to $6.4 million, overall asset quality remains stable. The Company is searching for a new CFO following recent executive changes.
Colony Bankcorp, Inc. (NASDAQ: CBAN) will release its fourth quarter 2022 financial results on January 26, 2023, after market close. A live conference call to discuss these results is scheduled for January 27, 2023, at 9:00 am EST. The call can be accessed by dialing 1-844-200-6205 and entering the access code 430149. A replay will be available until February 3, 2023. Financial results and investor presentations will be accessible on the Company's website.
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