secwatch.observer — SEC 8-K summary
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Issuer:     COLONY BANKCORP INC (CBAN)
CIK:        0000711669
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0000711669-21-000162
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Colony Bankcorp Q3 2021 net income $5.6M ($0.45 EPS); operating EPS $0.57; declares $0.1025 dividend
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- Net income $5.6M ($0.45 diluted EPS); operating net income $7.1M ($0.57 diluted EPS) vs $3.1M ($0.33) YoY.
- Quarterly cash dividend of $0.1025 per share declared, payable Nov 17, 2021 to holders of record Nov 3.
- Provision for loan losses decreased 86% YoY to $150K; net interest margin rose 14 bps to 3.48%.
- Total assets $2.5B (+42.8% YoY); deposits $2.20B (+55.0%), driven by SouthCrest acquisition.
- Mortgage production $89.4M; SBSL closed $26.1M in SBA loans; nonperforming assets 0.52% of total assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711669/000071166921000162/0000711669-21-000162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711669/000071166921000162/cban-20211021.htm
  HTML page:      https://secwatch.observer/filing/0000711669-21-000162

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