{"schema_version":"secwatch.filing_event.v1","accession":"0000711669-24-000004","form_type":"8-K","ticker":"CBAN","cik":"0000711669","company_name":"COLONY BANKCORP INC","filed_at":"2024-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.719776+00:00","generated_at":"2026-06-06T20:17:43.170124+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Colony Bankcorp promotes Derek Shelnutt to EVP and CFO effective Jan 23","bullets":["Shelnutt appointed Executive VP & CFO of Colony Bankcorp; annual salary $205,000.","Previously served as SVP & Chief Accounting Officer since May 2022; CFO of Colony Bank since July 2023.","Over 10 years financial services experience; holds CPA in Georgia and South Carolina.","Existing employment agreement with the Bank dated July 1, 2023 remains unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0000711669-24-000004","json":"https://secwatch.observer/filing/0000711669-24-000004.json","markdown":"https://secwatch.observer/filing/0000711669-24-000004.md","text":"https://secwatch.observer/filing/0000711669-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/711669/000071166924000004/0000711669-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/711669/000071166924000004/cban-20240118.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T20:17:43.170124+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"93ccfec4f7","claim":"Derek Shelnutt was named as Executive Vice President and Chief Financial Officer at COLONY BANKCORP INC.","evidence_excerpt":"On January 18, 2024, Colony Bankcorp, Inc. (the “Company”), named Mr. Derek Shelnutt, the current Chief Accounting Officer of the Company and Chief Financial Officer of Colony Bank (the “Bank”), as Executive Vice President and Chief Financial Officer of the Company effective January 23, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/711669/000071166924000004/0000711669-24-000004-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"named"},{"label":"Role","value":"Executive Vice President and Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}