---
schema_version: "secwatch.filing_event.v1"
accession: "0000711669-23-000114"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:31:59.017722+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp Q2 net income $5.3M ($0.30 EPS); dividend $0.11/share

## Summary
- Net income $5.3M, $0.30 diluted EPS; adjusted EPS $0.33, up from $0.29 Q1 2023 and $0.19 Q2 2022.
- Net interest margin 2.77%, down 38 bps from 3.15% a year ago; NII tax-equivalent $19.3M flat YoY.
- Total loans $1.84B (+2.17% QoQ); deposits $2.63B (+$111M QoQ); nonperforming assets $11.9M (up $4.1M).
- Quarterly cash dividend $0.11/share declared, payable Aug 23, record Aug 9; 41,481 shares repurchased at avg $9.78.
- Reduced workforce by 23 employees, saving $2.5M/year; provision for credit losses $200K, down from $900K prior quarter.

## SEC filing metadata
- accession: 0000711669-23-000114
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2023-07-26T23:59:59+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/711669/000071166923000114/0000711669-23-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000071166923000114/cban-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000711669-23-000114
- JSON: https://secwatch.observer/filing/0000711669-23-000114.json
- Plain text: https://secwatch.observer/filing/0000711669-23-000114.txt

## Key facts
- Earnings Releases
  COLONY BANKCORP INC reported the second quarter ended June 30, 2023 results: net income increased to $5.3 million, or $0.30 per diluted share, EPS $0.30 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Net income: increased to $5.3 million, or $0.30 per diluted share
  - EPS: $0.30 per diluted share
  - Result: reported results
  source text: On July 26, 2023 , Colony Bankcorp, Inc. (the “Company”) issued a press release announcing its consolidated financial results for the second quarter ended June 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166923000114/0000711669-23-000114-index.htm

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