secwatch.observer — SEC 8-K summary
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Issuer:     COLONY BANKCORP INC (CBAN)
CIK:        0000711669
Form:       8-K
Filed at:   2022-05-23T23:59:59+00:00
Accession:  0000711669-22-000095
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711669/000071166922000095/0000711669-22-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711669/000071166922000095/cban-20220523.htm
  HTML page:      https://secwatch.observer/filing/0000711669-22-000095

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