---
schema_version: "secwatch.filing_event.v1"
accession: "0000711669-22-000075"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2022-04-15T23:59:59+00:00"
generated_at: "2026-06-26T07:13:51.538921+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp CFO Tracie Youngblood to depart June 8; Andrew Borrmann named successor

## Summary
- Tracie Youngblood, EVP and CFO, separating June 8, 2022; receives $235K lump sum severance plus other benefits.
- Andrew Borrmann, current Chief Strategy Officer, appointed CFO effective June 8; previously CFO of SouthCrest before merger.
- Severance includes acceleration of 7,000 RSUs and $40,333.56 deferred incentive awards payout.
- Borrmann, age 51, has been with Colony since August 2021 merger; no related-party transactions.

## SEC filing metadata
- accession: 0000711669-22-000075
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2022-04-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711669/000071166922000075/0000711669-22-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000071166922000075/cban-20220415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000711669-22-000075
- JSON: https://secwatch.observer/filing/0000711669-22-000075.json
- Plain text: https://secwatch.observer/filing/0000711669-22-000075.txt

## Key facts
- Executive change
  Tracie Youngblood departed as Chief Financial Officer at COLONY BANKCORP INC.
  - Action: separated
  - Role: Chief Financial Officer
  source text: Ms. Youngblood, currently Executive Vice President and Chief Financial Officer of the Company and the Bank, will separate from employment with the Company and the Bank, effective as of June 8, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166922000075/0000711669-22-000075-index.htm
- Executive change
  Andrew Borrmann was appointed as Chief Financial Officer at COLONY BANKCORP INC.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: The Company has selected Mr. Andrew Borrmann , the current Chief Strategy Officer of the Company and the Bank, as Ms. Youngblood’s successor, effective June 8, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166922000075/0000711669-22-000075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.