---
schema_version: "secwatch.filing_event.v1"
accession: "0000711669-22-000163"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2022-09-13T23:59:59+00:00"
generated_at: "2026-06-23T10:29:54.224236+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp appoints D. Copeland as President; separates CEO/President roles; Hoyle to retire

## Summary
- R. Dallis Copeland Jr. named President effective Sept 13, 2022; Heath Fountain remains CEO.
- Eddie Hoyle (EVP & Chief Banking Officer) retiring Dec 31, 2022; to serve as special advisor from Jan 1, 2023, with new 2-year contract at $120k salary.
- Copeland's employment agreement: 2-year term, base salary $350k, bonus opportunity, severance including change-in-control.
- Kimberly Dockery appointed Chief of Staff (new role), overseeing HR, tech, innovation, acting as CEO proxy.
- Hoyle's previous employment agreement terminated; new agreement with reduced role and compensation.

## SEC filing metadata
- accession: 0000711669-22-000163
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2022-09-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711669/000071166922000163/0000711669-22-000163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000071166922000163/cban-20220909.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000711669-22-000163
- JSON: https://secwatch.observer/filing/0000711669-22-000163.json
- Plain text: https://secwatch.observer/filing/0000711669-22-000163.txt

## Key facts
- Executive change
  R. Dallis Copeland, Jr. was appointed as President at COLONY BANKCORP INC.
  - Action: appointed
  - Role: President
  source text: the Board of Directors of Colony Bankcorp, Inc. (the “Company”), the bank holding company for Colony Bank (the “Bank”), and the Board of Directors of the Bank approved the appointment of Mr. R. Dallis Copeland, Jr. as President of the Company and the Bank, effective September 13, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166922000163/0000711669-22-000163-index.htm
- Executive change
  T. Heath Fountain changed role as President and Chief Executive Officer at COLONY BANKCORP INC.
  - Action: role changed
  - Role: President and Chief Executive Officer
  source text: Mr. T. Heath Fountain previously served as President and Chief Executive Officer of the Company and the Bank, and will continue to serve as Chief Executive Officer of the Company and the Bank effective September 13, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166922000163/0000711669-22-000163-index.htm
- Executive change
  M. Eddie Hoyle changed role as Executive Vice President and Chief Banking Officer at COLONY BANKCORP INC.
  - Action: transitioned
  - Role: Executive Vice President and Chief Banking Officer
  source text: Effective January 1, 2023, Mr. Hoyle will transition out of his current role as Executive Vice President and Chief Banking Officer and into a new role as special advisor to the Company and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166922000163/0000711669-22-000163-index.htm

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