---
schema_version: "secwatch.filing_event.v1"
accession: "0000711669-23-000154"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T12:12:07.724658+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp Q3 net income $5.8M ($0.33 EPS); declares $0.11 dividend

## Summary
- Net income $5.8M, $0.33 diluted EPS, up from $5.3M ($0.30) in Q2 2023 and Q3 2022.
- Quarterly dividend $0.11/share declared; payable Nov 22, record Nov 8.
- Net interest margin fell to 2.78% from 3.26% YoY; provision for credit losses rose to $1.0M.
- Loans grew 1.42% QoQ to $1.86B; deposits dropped $35.9M to $2.59B; nonperforming assets decreased to $10.1M.
- Management expects conservative loan growth; NIM flat to slightly down next quarter.

## SEC filing metadata
- accession: 0000711669-23-000154
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2023-10-25T23:59:59+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/711669/000071166923000154/0000711669-23-000154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000071166923000154/cban-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000711669-23-000154
- JSON: https://secwatch.observer/filing/0000711669-23-000154.json
- Plain text: https://secwatch.observer/filing/0000711669-23-000154.txt

## Key facts
- Earnings Releases
  COLONY BANKCORP INC reported third quarter ended September 30, 2023 results: net income $5.8 million, EPS $0.33 per diluted share.
  - Period: third quarter ended September 30, 2023
  - Net income: $5.8 million
  - EPS: $0.33 per diluted share
  - Result: reported results
  source text: Colony Bankcorp, Inc. (the “Company”) issued a press release announcing its consolidated financial results for the third quarter ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166923000154/0000711669-23-000154-index.htm

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