---
schema_version: "secwatch.filing_event.v1"
accession: "0000711669-24-000105"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:37:36.323320+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp Q2 net income $5.5M ($0.31 EPS); declares $0.1125 dividend

## Summary
- Net income of $5.5M ($0.31 diluted EPS) vs $5.3M ($0.30) in Q2 2023; adjusted EPS $0.34.
- Quarterly cash dividend of $0.1125 per share payable Aug 21, 2024 to holders of record Aug 7.
- Total loans $1.87B (+$6.6M QoQ); total deposits $2.46B (-$62.5M QoQ).
- Provision for credit losses $650K vs $1.0M in Q1 2024; nonperforming assets $7.3M.
- CEO Heath Fountain enters new 3-year employment agreement with base salary of $499,550.

## SEC filing metadata
- accession: 0000711669-24-000105
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711669/000071166924000105/0000711669-24-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000071166924000105/cban-20240724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000711669-24-000105
- JSON: https://secwatch.observer/filing/0000711669-24-000105.json
- Plain text: https://secwatch.observer/filing/0000711669-24-000105.txt

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