Every 8-K that Colony Bankcorp Inc. (CBAN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CBAN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CBAN filings page.
Colony Bankcorp, Inc. (CBAN) reported two main developments: renewal of its CEO’s employment terms and progress on its pending acquisition of First Reliance Bancshares, Inc. Colony Bank, the wholly owned subsidiary, entered into a new two-year employment agreement with President and CEO R. Dallis Copeland, Jr., effective September 13, 2026, with a $400,000 annual base salary, bonus eligibility based on performance goals, participation in company benefit plans, and 27 days of PTO.
The contract includes change-in-control protections: if terminated without cause or disabled, or he resigns for good reason within 12 months after a change in control, Mr. Copeland is entitled to a lump-sum payment equal to two times his then-current base salary plus his prior-year bonus; in other qualifying terminations outside that window, he would receive one times base salary paid over 12 months, in each case subject to restrictive covenants and a release of claims. Separately, Colony announced that all regulatory approvals have been obtained for its previously announced merger with First Reliance, a stock-and-cash transaction valued at approximately $163 million, with shareholder votes set for October 14, 2026 and closing targeted for November 1, 2026, subject to approvals and other customary conditions. The combined company is expected to have about $5 billion in assets, $4 billion in deposits, and $3.2 billion in loans.
Colony Bankcorp reported second quarter 2026 net income of $10,857 thousand, or $0.51 per diluted share, compared with $7,978 thousand and $0.46 in second quarter 2025. Net interest income was $29,869 thousand versus $22,385 thousand a year earlier, and net interest margin was 3.52% compared with 3.12%, with operating return on average assets of 1.20%.
Loans totaled $2,464,834 thousand and deposits $2,972,176 thousand at June 30, 2026, on total assets of $3,627,583 thousand. Asset quality metrics included nonperforming assets of $20,941 thousand and an allowance for credit losses equal to 0.89% of loans. The board declared a quarterly cash dividend of $0.12 per share, payable August 19, 2026 to shareholders of record on August 5, 2026. Management also highlighted progress on the planned merger with First Reliance and stated that legal close is expected in the fourth quarter of this year.
Colony Bankcorp, Inc. is entering a transformative merger with First Reliance Bancshares in a stock-and-cash deal valued at approximately $163 million. First Reliance shareholders can elect either $19.75 in cash or 0.94 Colony share per First Reliance share, with about 20% of shares paid in cash and 80% in stock.
The combined bank is expected to have about $5 billion in assets, $4.0 billion in deposits and $3.2 billion in loans, creating a larger Southeast community banking franchise across Georgia, South Carolina, Alabama and Florida. Colony projects roughly 20% earnings per‑share accretion in 2027, around 12% tangible book value dilution with earnback in under 3.5 years, and a pro forma Common Equity Tier 1 ratio near 11%.
The merger, unanimously approved by both boards, is targeted to close in the fourth quarter of 2026, subject to shareholder and regulatory approvals and other customary conditions, including tax reorganization treatment under Section 368(a) and limits on FSRL dissenting shares. A $6.6 million termination fee may be payable by First Reliance in specified break‑up scenarios, and directors and executives of both companies have signed voting agreements supporting the deal.
Colony Bankcorp, Inc. reported results of its annual shareholder meeting held on May 21, 2026. Shareholders owning 16,138,980 shares of common stock, or 76.22% of the 21,172,315 shares outstanding as of March 27, 2026, were represented, establishing a quorum.
All eight director nominees received between 13,313,557 and 13,883,640 votes in favor and were elected to serve until the 2027 annual meeting. Shareholders also approved the advisory say-on-pay resolution, with 13,368,357 votes for, 350,535 against and 240,647 abstentions.
Mauldin & Jenkins, LLC was ratified as independent registered public accounting firm for the year ended December 31, 2026, receiving 15,991,044 votes for, 143,300 against and 4,636 abstentions.
Colony Bankcorp, Inc. reported stronger first quarter 2026 results with net income of $8.2 million and diluted EPS of $0.39, up from $6.6 million and $0.38 a year earlier. Net interest income rose to $29.2 million, and net interest margin expanded to 3.48% from 2.93%, reflecting higher earning-asset yields.
Noninterest income increased to $10.7 million, helped by higher mortgage fees, insurance commissions and interchange fees. Operating diluted EPS reached $0.45, and operating return on average assets was 1.04%. Loans grew to $2.41 billion and deposits to $3.05 billion, supporting balance sheet growth.
The Board declared a $0.12 quarterly cash dividend per share, payable May 20, 2026 to shareholders of record on May 6, 2026. The company had 21,162,104 common shares outstanding as of April 20, 2026.
Colony Bankcorp, Inc. filed a current report describing several corporate updates. The company issued a press release with its consolidated financial results for the fourth quarter and full year ended December 31, 2025, and announced a regular quarterly cash dividend.
Colony Bank entered into a new two-year employment agreement with Chief Financial Officer Derek Shelnutt, effective January 24, 2026, with an annual base salary of $300,000, bonus eligibility, and standard benefits. If his employment ends in connection with a change in control under specified conditions, he is entitled to a lump-sum payment equal to 1.5 times his then-current base salary plus his prior-year bonus; in other qualifying terminations outside that window, he would receive one times base salary over 12 months. The agreement includes non-compete and non-solicitation covenants for 12 months after employment.
The company is also furnishing its latest investor presentation and plans to host an investor earnings call at 9:00 a.m. ET on January 29, 2026.
Colony Bankcorp, Inc. is extending its stock buyback program, originally approved in October 2022, through the end of 2026. The program authorizes repurchases of up to $12 million of its outstanding common stock, using methods such as open market purchases and privately negotiated transactions, subject to applicable laws and regulations. The company emphasizes that the timing and number of shares repurchased will depend on factors like share price, regulatory and corporate requirements, market conditions and liquidity priorities, and it is not obligated to repurchase any specific amount. Since the start of the program in 2022, Colony Bankcorp has bought back 318,778 shares for a total of $4,613,000, leaving $7,387,000 available for future repurchases as of this report.
Colony Bankcorp, Inc. completed its previously announced merger with TC Bancshares, Inc. and TC Federal Bank effective December 1, 2025. TCBC merged into Colony Bankcorp and TC Federal Bank merged into Colony Bank, with Colony entities as the surviving institutions.
Each TCBC share was converted, at the holder’s election, into either $21.25 in cash or 1.25 shares of Colony Bankcorp common stock, subject to proration so that approximately 20% of TCBC shares received cash and 80% received stock. Restricted TCBC shares fully vested and received the same mix, and TCBC stock options were cancelled for cash based on the cash consideration less the exercise price.
As a result of the merger, Colony Bankcorp will issue approximately 3,839,748 shares of its common stock and pay about $15,428,244 in cash to former TCBC shareholders, while existing Colony shares remain outstanding and unchanged. Colony also filed TCBC historical financial statements and unaudited pro forma combined financial information to show the merged company’s financial profile.
Colony Bankcorp, Inc. reported that its shareholders approved issuing common stock needed to complete its previously announced merger with TC Bancshares, Inc. At a special meeting, 11,173,551 shares, or 63.99% of Colony’s common stock, were represented, and the stock issuance proposal passed with 11,045,200 votes in favor, 102,805 against, and 25,546 abstentions. Shareholders also approved a proposal allowing adjournment of the meeting if additional proxies were needed. The company has now received all required regulatory approvals for the merger, and the transaction is expected to close on December 1, 2025, subject to customary closing conditions.
Colony Bankcorp, Inc. (CBAN) entered an Equity Distribution Agreement with Piper Sandler & Co. to sell, from time to time, shares of common stock in an at‑the‑market offering of up to $40,000,000, pursuant to its Form S‑3 shelf (if and when declared effective). Sales may be made as at‑the‑market transactions under Rule 415, and may also include privately negotiated transactions or block trades.
The Company will set sale parameters and pay the Agent a commission of up to 3.0% of gross sales. There is no obligation to sell; either party may suspend or terminate the program. Net proceeds are intended for general corporate purposes, including potential capital contributions to Colony Bank to support lending and investing, repayment of indebtedness, and to fund acquisitions and other strategic initiatives permissible for bank holding companies.
Colony Bankcorp, Inc. (CBAN) furnished an 8‑K announcing it issued a press release with consolidated financial results for the third quarter ended September 30, 2025, and declared a regular quarterly cash dividend. The company also furnished its latest investor presentation.
An investor earnings call is scheduled for 9:00 a.m. ET on October 23, 2025. The materials are provided as Exhibits 99.1 and 99.2 and are furnished, not filed, under the Exchange Act.