Colony Bankcorp Inc is reported to have its common stock held by several related Fourthstone entities under a passive ownership structure. Fourthstone LLC, a registered investment adviser, directly holds 166,465 shares of Colony Bankcorp common stock on behalf of its advisory clients, representing 0.79% of the class based on 21,159,669 shares outstanding as of May 6, 2026. Related entities, including Fourthstone Master Opportunity Fund Ltd., Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP, Fourthstone GP LLC, and L. Phillip Stone IV, report shared voting and dispositive power over portions of these shares. The reporting group certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Colony Bankcorp, and confirms that its aggregate ownership is 5 percent or less of the class.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:166,465 sharesOwnership percentage:0.79%Shares outstanding:21,159,669 shares+4 more
7 metrics
Beneficial ownership166,465 sharesShares of Colony Bankcorp common stock held by Fourthstone LLC on behalf of advisory clients
Ownership percentage0.79%Percent of Colony Bankcorp common stock class reported by Fourthstone LLC
Shares outstanding21,159,669 sharesColony Bankcorp common stock outstanding as of May 6, 2026, from Form 10-K
Fourthstone Master Opportunity Fund stake75,941 shares (0.36%)Shares with shared voting and dispositive power reported by Fourthstone Master Opportunity Fund Ltd.
Fourthstone GP LLC stake90,524 shares (0.43%)Shares with shared voting and dispositive power reported by Fourthstone GP LLC
Fourthstone QP Opportunity Fund stake24,638 shares (0.12%)Shares with shared voting and dispositive power reported by Fourthstone QP Opportunity Fund LP
Fourthstone Small-Cap Financials stake65,886 shares (0.31%)Shares with shared voting and dispositive power reported by Fourthstone Small-Cap Financials Fund LP
"may be deemed to beneficially own securities owned by Fourthstone"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
investment adviserfinancial
"Fourthstone LLC acquired the Issuer's shares in the ordinary course of business as a registered investment adviser"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
dispositive powerfinancial
"Shared Dispositive Power 166,465.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
shared voting powerfinancial
"Shared Voting Power 166,465.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Ownership of 5 percent or less of a classfinancial
"Item 5. | Ownership of 5 Percent or Less of a Class"
FAQ
What percentage of Colony Bankcorp (CBAN) does Fourthstone report owning?
Fourthstone LLC reports beneficial ownership of 0.79% of Colony Bankcorp’s common stock. This is based on 21,159,669 shares outstanding as of May 6, 2026, as referenced in the issuer’s Form 10-K.
How many Colony Bankcorp (CBAN) shares are held by Fourthstone?
Fourthstone LLC directly holds 166,465 shares of Colony Bankcorp common stock on behalf of its advisory clients. This position is reported as being held in the ordinary course of business, without intent to influence control of the issuer.
Is Fourthstone’s stake in Colony Bankcorp (CBAN) a controlling or activist position?
Fourthstone and the other reporting persons state the shares were not acquired and are not held to change or influence control of Colony Bankcorp. The filing also confirms aggregate ownership is 5 percent or less of the outstanding common stock.
How many Colony Bankcorp (CBAN) shares are outstanding for this ownership calculation?
The reported ownership percentages are calculated using 21,159,669 shares of Colony Bankcorp common stock outstanding as of May 6, 2026, as referenced from the company’s Form 10-K filed May 8, 2026.
Which entities are included in the Fourthstone group holding Colony Bankcorp (CBAN) shares?
Reporting persons include Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd., Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP, Fourthstone GP LLC, and L. Phillip Stone IV, who may each be deemed to beneficially own certain Colony Bankcorp shares.
What voting and dispositive power does Fourthstone have over Colony Bankcorp (CBAN) shares?
Fourthstone LLC reports 0 shares with sole voting or dispositive power and 166,465 shares with shared voting and shared dispositive power. Related Fourthstone entities report shared power over their respective portions of these shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Colony Bankcorp Inc
(Name of Issuer)
Common Stock, par value $1.00 per share
(Title of Class of Securities)
19623P101
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
19623P101
1
Names of Reporting Persons
Fourthstone LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
166,465.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
166,465.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
166,465.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.79 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
CUSIP Number(s):
19623P101
1
Names of Reporting Persons
Fourthstone Master Opportunity Fund Ltd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
75,941.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
75,941.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
75,941.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.36 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
CUSIP Number(s):
19623P101
1
Names of Reporting Persons
Fourthstone GP LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
90,524.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
90,524.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
90,524.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.43 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
CUSIP Number(s):
19623P101
1
Names of Reporting Persons
Fourthstone QP Opportunity Fund LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
24,638.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
24,638.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
24,638.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.12 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
CUSIP Number(s):
19623P101
1
Names of Reporting Persons
Fourthstone Small-Cap Financials Fund LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
65,886.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
65,886.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
65,886.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.31 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
CUSIP Number(s):
19623P101
1
Names of Reporting Persons
L. Phillip Stone, IV
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
166,465.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
166,465.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
166,465.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.79 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: See Item 4 for a description of the information reported in rows (6), (8), (9) and (11).
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Colony Bankcorp Inc
(b)
Address of issuer's principal executive offices:
115 South Grant Street, Fitzgerald GA, 31750
Item 2.
(a)
Name of person filing:
This Schedule 13G is being filed by Fourthstone LLC, a Delaware Limited Liability Company and Investment Adviser ("Fourthstone"). The persons reporting information on this Schedule 13G include, in addition to Fourthstone, a company incorporated in the Cayman Islands ("Fourthstone Master Opportunity Fund"), a Delaware Limited Partnership ("Fourthstone QP Opportunity"), a Delaware Limited Partnership ("Fourthstone Small-Cap Financials"), a Delaware Limited Liability Company ("Fourthstone GP, " General Partner of Fourthstone QP Opportunity and Fourthstone Small-Cap Financials), and L. Phillip Stone, IV, a citizen of the United States of America, who is the Managing Member of Fourthstone and Fourthstone GP (each, a "Reporting Person" and, together, the "Reporting Persons"). Fourthstone directly holds 166,465 shares of Common Stock on behalf of its advisory clients. Each of the Reporting Persons listed in this filing certify the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that effect.
(b)
Address or principal business office or, if none, residence:
The principal business address of each of the Reporting Persons is as follows: The registered office of Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd., Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP is 575 Maryville Centre Drive, Suite 110, St. Louis, MO 63141.
(c)
Citizenship:
See response to Item 4 of each of the cover pages.
(d)
Title of class of securities:
Common Stock, par value $1.00 per share
(e)
CUSIP No.:
19623P101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Fourthstone LLC acquired the Issuer's shares in the ordinary course of business as a registered investment adviser and not with the purpose nor with the effect of influencing the control of the Issuer. Fourthstone GP LLC is the general partner of and may be deemed to beneficially own securities owned by Fourthstone QP Opportunity Fund LP and Fourthstone Small-Cap Financials Fund LP. L. Phillip Stone, IV, is the Managing Member of Fourthstone LLC and Fourthstone GP and may be deemed to beneficially own securities owned by Fourthstone.The percentages reported in Row 11 of each cover page are based on 21,159,669 shares of Common Stock (as defined below) of the Issuer (as defined below) outstanding as of May 6, 2026, based on the Issuers Form 10-K filed on May 8, 2026.
(b)
Percent of class:
0.79 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See responses to Item 5 on each cover page.
(ii) Shared power to vote or to direct the vote:
See responses to Item 6 on each cover page.
(iii) Sole power to dispose or to direct the disposition of:
See responses to Item 7 on each cover page.
(iv) Shared power to dispose or to direct the disposition of:
See responses to Item 8 on each cover page.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
