Colony Bankcorp issues $40M of 5.25% fixed-to-floating subordinated notes due 2032

COLONY BANKCORP INC

$40M aggregate principal; fixed rate 5.25% for 5 years, then 3-month SOFR + 265 bps quarterly.
Notes mature May 20, 2032; redeemable at 100% of par on or after May 20, 2027.
Proceeds for general corporate purposes; notes intended to qualify as Tier 2 capital.
Performance Trust Capital Partners acted as sole placement agent.

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