secwatch.observer — SEC 8-K summary
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Issuer:     COLONY BANKCORP INC (CBAN)
CIK:        0000711669
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0000711669-25-000051
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Director Edward P. Loomis Jr. to retire from Colony Bankcorp board effective May 22, 2025
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- Loomis will not stand for reelection at the 2025 annual meeting and retire from board on May 22, 2025.
- He served as President and CEO from 2012 to 2018 and chaired the Risk Management Committee.
- Departure is not due to any disagreement with the Company's operations, policies, or practices.
- Chairman cited Loomis' stabilizing role during the recession and his commitment to a smooth transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711669/000071166925000051/0000711669-25-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711669/000071166925000051/cban-20250319.htm
  HTML page:      https://secwatch.observer/filing/0000711669-25-000051

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