---
schema_version: "secwatch.filing_event.v1"
accession: "0000711669-23-000101"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T18:46:14.395550+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp shareholders elect directors, approve say-on-pay, ratify auditor

## Summary
- All 11 director nominees elected; Edward P. Loomis Jr. had highest withhold votes at 2,809,309.
- Advisory say-on-pay passed with 11,596,148 votes for, 495,516 against, 268,133 abstentions.
- Ratification of Mauldin & Jenkins as auditor approved: 14,654,977 for, 9,222 against, 23,839 abstentions.
- Quorum of 83.48% (14,688,038 of 17,593,879 shares) represented at May 18, 2023 annual meeting.

## SEC filing metadata
- accession: 0000711669-23-000101
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711669/000071166923000101/0000711669-23-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000071166923000101/cban-20230522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000711669-23-000101
- JSON: https://secwatch.observer/filing/0000711669-23-000101.json
- Plain text: https://secwatch.observer/filing/0000711669-23-000101.txt

## Key facts
- Shareholder Votes
  COLONY BANKCORP INC shareholders approved Election of eleven directors at the 2023-05-18 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 1. The election of eleven directors to constitute the Company's Board of Directors to serve until the 2024 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 12,218,382 141,676 2,327,980 T. Heath Fountain 12,161,860 198,198 2,327,980 Audrey D. Hollingsworth 12,262,779 97,279 2,327,980 Edward P. Loomis, Jr. 9,550,749 2,809,309 2,327,980 Mark H. Massee 12,212,659 147,399 2,327,980 Meagan M. Mowry 11,125,271 1,234,787 2,327,980 Matthew D. Reed 11,118,677 1,241,381 2,327,980 Jonathan W.R. Ross 12,215,272 144,786 2,327,980 Brian D. Schmitt 12,117,352 242,706 2,327,980 Harold W. Wyatt, III 11,114,568 1,245,490 2,327,980
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166923000101/0000711669-23-000101-index.htm
- Shareholder Votes
  COLONY BANKCORP INC shareholders approved Ratification of the appointment of Mauldin & Jenkins, LLC as the Company's independent registered public accounting firm for the year ended December 31, 2023 at the 2023-05-18 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 3. The ratification of the appointment of Mauldin & Jenkins, LLC as the Company’s independent registered public accounting firm for the year ended December 31, 2023: For Against Abstain Broker Non-Vote 14,654,977 9,222 23,839 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166923000101/0000711669-23-000101-index.htm
- Shareholder Votes
  COLONY BANKCORP INC shareholders approved Approval of an advisory say on pay resolution supporting the compensation plan for the Company's named executive officers at the 2023-05-18 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 2. The approval of an advisory “say on pay” resolution supporting the compensation plan for the Company’s named executive officers: For Against Abstain Broker Non-Vote 11,596,148 495,516 268,133 2,327,980
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166923000101/0000711669-23-000101-index.htm

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