---
schema_version: "secwatch.filing_event.v1"
accession: "0000711669-23-000073"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:50:58.135677+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp Q1 net income $5.0M ($0.29 EPS), loans up 3.6% QoQ; dividend $0.11

## Summary
- Net income $5.0M ($0.29 diluted EPS); adjusted EPS $0.31; vs Q4 2022 $5.6M ($0.31) and Q1 2022 $5.3M ($0.34).
- Total loans $1.80B, up $62.7M (3.61%) QoQ; deposits $2.52B, up $25.1M QoQ.
- Declared quarterly cash dividend $0.11/share, payable May 24, record May 10.
- Liquidity: ~$1.3B available sources; no overnight borrowings or Fed Term Funding used.
- Provision for credit losses $900k; nonperforming assets $7.8M (up from $6.4M); reserve 0.92%.

## SEC filing metadata
- accession: 0000711669-23-000073
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711669/000071166923000073/0000711669-23-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000071166923000073/cban-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000711669-23-000073
- JSON: https://secwatch.observer/filing/0000711669-23-000073.json
- Plain text: https://secwatch.observer/filing/0000711669-23-000073.txt

## Key facts
- Earnings Releases
  COLONY BANKCORP INC reported first quarter of 2023 results: net income $5.0 million, EPS $0.29 per diluted share.
  - Period: first quarter of 2023
  - Net income: $5.0 million
  - EPS: $0.29 per diluted share
  - Result: reported results
  source text: Net income decreased to $5.0 million, or $0.29 per diluted share, for the first quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166923000073/0000711669-23-000073-index.htm

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