secwatch.observer — SEC 8-K summary
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Issuer:     COLONY BANKCORP INC (CBAN)
CIK:        0000711669
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0000711669-24-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Colony Bankcorp promotes Derek Shelnutt to EVP and CFO effective Jan 23
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711669/000071166924000004/0000711669-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711669/000071166924000004/cban-20240118.htm
  HTML page:      https://secwatch.observer/filing/0000711669-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer