---
schema_version: "secwatch.filing_event.v1"
accession: "0000711669-24-000064"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T13:38:10.845395+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp: director Jonathan Ross retires at annual meeting; all board nominees elected

## Summary
- Jonathan W.R. Ross did not stand for reelection and retired from the board as of May 16, 2024.
- Harold W. Wyatt III retired as previously disclosed in December 2023 8-K; both departures not due to disagreement.
- Annual meeting quorum of 79.03% (13.88M shares); all eight director nominees elected with majority votes.
- Advisory say-on-pay resolution approved: 10,750,246 for, 505,614 against, 340,397 abstentions.
- Ratification of Mauldin & Jenkins as independent auditor for 2024: 13,836,716 for, 37,519 against, 2,458 abstentions.

## SEC filing metadata
- accession: 0000711669-24-000064
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/cban-20240520.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000711669-24-000064
- JSON: https://secwatch.observer/filing/0000711669-24-000064.json
- Plain text: https://secwatch.observer/filing/0000711669-24-000064.txt

## Source-grounded claims
- claim_id: abf13d770c
  claim: Harold W. Wyatt, III retired as Director at COLONY BANKCORP INC.
  evidence_excerpt: As of May 16, 2024, Harold W. Wyatt, III retired from service as a member of the Board of Directors of Colony Bankcorp, Inc. (the “Company”) and Colony Bank (the “Bank”), as previously disclosed in the Company’s Current Report on Form 8-K filed on December 14, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: d535c8dc57
  claim: Jonathan W.R. Ross retired as Director at COLONY BANKCORP INC.
  evidence_excerpt: Also, as of May 16, 2024, Jonathan W.R. Ross did not stand for reelection at the Company’s 2024 annual meeting of shareholders (the “Annual Meeting”) and therefore retired from service as a member of the Board of Directors of the Company and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: 0b63bfbab1495e1b12cb6282895391772cbc803d
  claim: COLONY BANKCORP INC shareholders approved Election of director: Brian D. Schmitt at the 2024-05-16 meeting.
  evidence_excerpt: On May 16, 2024, the Company held its Annual Meeting. As of March 22, 2024, the record date for the Annual Meeting, 17,558,611 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 13,876,693 shares, or 79.03% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The Company's shareholders voted on three proposals at the Annual Meeting. The final results of the votes, including the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, relating to each matter are as follows: Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2025 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 11,387,912 210,770 2,278,011 T. Heath Fountain 11,360,505 238,177 2,278,011 Audrey D. Hollingsworth 11,478,46
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: 133522fbe6447bfab8e1592a6e89fe0412f1cd81
  claim: COLONY BANKCORP INC shareholders approved Election of director: Mark H. Massee at the 2024-05-16 meeting.
  evidence_excerpt: On May 16, 2024, the Company held its Annual Meeting. As of March 22, 2024, the record date for the Annual Meeting, 17,558,611 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 13,876,693 shares, or 79.03% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The Company's shareholders voted on three proposals at the Annual Meeting. The final results of the votes, including the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, relating to each matter are as follows: Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2025 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 11,387,912 210,770 2,278,011 T. Heath Fountain 11,360,505 238,177 2,278,011 Audrey D. Hollingsworth 11,478,46
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: 153b8d9b63bca1098db27c82d16ee3931e414376
  claim: COLONY BANKCORP INC shareholders approved Election of director: Matthew D. Reed at the 2024-05-16 meeting.
  evidence_excerpt: On May 16, 2024, the Company held its Annual Meeting. As of March 22, 2024, the record date for the Annual Meeting, 17,558,611 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 13,876,693 shares, or 79.03% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The Company's shareholders voted on three proposals at the Annual Meeting. The final results of the votes, including the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, relating to each matter are as follows: Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2025 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 11,387,912 210,770 2,278,011 T. Heath Fountain 11,360,505 238,177 2,278,011 Audrey D. Hollingsworth 11,478,46
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: 1e2f3d7588c21169ebf07478803f491773e93099
  claim: COLONY BANKCORP INC shareholders approved Election of director: Audrey D. Hollingsworth at the 2024-05-16 meeting.
  evidence_excerpt: On May 16, 2024, the Company held its Annual Meeting. As of March 22, 2024, the record date for the Annual Meeting, 17,558,611 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 13,876,693 shares, or 79.03% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The Company's shareholders voted on three proposals at the Annual Meeting. The final results of the votes, including the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, relating to each matter are as follows: Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2025 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 11,387,912 210,770 2,278,011 T. Heath Fountain 11,360,505 238,177 2,278,011 Audrey D. Hollingsworth 11,478,46
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: 318e79f4c8d0483ad6be3c2daaef8611550f7d32
  claim: COLONY BANKCORP INC shareholders approved Election of director: T. Heath Fountain at the 2024-05-16 meeting.
  evidence_excerpt: On May 16, 2024, the Company held its Annual Meeting. As of March 22, 2024, the record date for the Annual Meeting, 17,558,611 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 13,876,693 shares, or 79.03% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The Company's shareholders voted on three proposals at the Annual Meeting. The final results of the votes, including the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, relating to each matter are as follows: Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2025 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 11,387,912 210,770 2,278,011 T. Heath Fountain 11,360,505 238,177 2,278,011 Audrey D. Hollingsworth 11,478,46
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: 6e60f165cb23e9f2b17e828052bc470a714e971b
  claim: COLONY BANKCORP INC shareholders approved Election of director: Meagan M. Mowry at the 2024-05-16 meeting.
  evidence_excerpt: On May 16, 2024, the Company held its Annual Meeting. As of March 22, 2024, the record date for the Annual Meeting, 17,558,611 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 13,876,693 shares, or 79.03% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The Company's shareholders voted on three proposals at the Annual Meeting. The final results of the votes, including the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, relating to each matter are as follows: Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2025 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 11,387,912 210,770 2,278,011 T. Heath Fountain 11,360,505 238,177 2,278,011 Audrey D. Hollingsworth 11,478,46
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: 863a6976e38d7a7ca58ad372550f0192b57db9e1
  claim: COLONY BANKCORP INC shareholders approved Election of director: Scott L. Downing at the 2024-05-16 meeting.
  evidence_excerpt: On May 16, 2024, the Company held its Annual Meeting. As of March 22, 2024, the record date for the Annual Meeting, 17,558,611 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 13,876,693 shares, or 79.03% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The Company's shareholders voted on three proposals at the Annual Meeting. The final results of the votes, including the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, relating to each matter are as follows: Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2025 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 11,387,912 210,770 2,278,011 T. Heath Fountain 11,360,505 238,177 2,278,011 Audrey D. Hollingsworth 11,478,46
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: bb21b8bf5bb4db8ccae10951489e30ab4ee1ab0d
  claim: COLONY BANKCORP INC shareholders approved Election of director: Edward P. Loomis, Jr. at the 2024-05-16 meeting.
  evidence_excerpt: On May 16, 2024, the Company held its Annual Meeting. As of March 22, 2024, the record date for the Annual Meeting, 17,558,611 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 13,876,693 shares, or 79.03% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The Company's shareholders voted on three proposals at the Annual Meeting. The final results of the votes, including the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, relating to each matter are as follows: Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2025 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 11,387,912 210,770 2,278,011 T. Heath Fountain 11,360,505 238,177 2,278,011 Audrey D. Hollingsworth 11,478,46
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: cb89b0df296f9ce0053dee314d0809a20309decc
  claim: COLONY BANKCORP INC shareholders approved Ratification of independent registered public accounting firm Mauldin & Jenkins, LLC at the 2024-05-16 meeting.
  evidence_excerpt: On May 16, 2024, the Company held its Annual Meeting. As of March 22, 2024, the record date for the Annual Meeting, 17,558,611 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 13,876,693 shares, or 79.03% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The Company's shareholders voted on three proposals at the Annual Meeting. The final results of the votes, including the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, relating to each matter are as follows: Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2025 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 11,387,912 210,770 2,278,011 T. Heath Fountain 11,360,505 238,177 2,278,011 Audrey D. Hollingsworth 11,478,46
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm
- claim_id: e3488c0fe053032a41a060b5a40a47e3b1accabf
  claim: COLONY BANKCORP INC shareholders approved Advisory vote on executive compensation (say on pay) at the 2024-05-16 meeting.
  evidence_excerpt: On May 16, 2024, the Company held its Annual Meeting. As of March 22, 2024, the record date for the Annual Meeting, 17,558,611 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 13,876,693 shares, or 79.03% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting. The Company's shareholders voted on three proposals at the Annual Meeting. The final results of the votes, including the votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, relating to each matter are as follows: Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2025 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 11,387,912 210,770 2,278,011 T. Heath Fountain 11,360,505 238,177 2,278,011 Audrey D. Hollingsworth 11,478,46
  evidence_url: https://www.sec.gov/Archives/edgar/data/711669/000071166924000064/0000711669-24-000064-index.htm

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