---
schema_version: "secwatch.filing_event.v1"
accession: "0000711669-23-000117"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T15:27:09.936924+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp EVP Chairman Brian Schmitt retires; stays on board

## Summary
- Brian D. Schmitt retired as Executive Vice Chairman of Colony Bankcorp and Colony Bank effective August 1, 2023.
- Schmitt remains on the Board of Directors of the Company and Colony Bank.
- His Employment Agreement dated July 30, 2021 expired by its terms on August 1, 2023.
- Schmitt had served as EVP Chairman since the SouthCrest Bank merger in August 2021.

## SEC filing metadata
- accession: 0000711669-23-000117
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711669/000071166923000117/0000711669-23-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000071166923000117/cban-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000711669-23-000117
- JSON: https://secwatch.observer/filing/0000711669-23-000117.json
- Plain text: https://secwatch.observer/filing/0000711669-23-000117.txt

## Key facts
- Executive change
  Brian D. Schmitt retired as Executive Vice Chairman at COLONY BANKCORP INC.
  - Action: retired
  - Role: Executive Vice Chairman
  source text: Effective as of August 1, 2023, Brian D. Schmitt retired from his role as Executive Vice Chairman of Colony Bankcorp, Inc. (the “Company”) and its wholly owned banking subsidiary, Colony Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166923000117/0000711669-23-000117-index.htm

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