---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-108432"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2026-09-17T12:30:19+00:00"
generated_at: "2026-09-17T12:35:21.809194+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp gets regulatory approvals for $163M merger with First Reliance

## Summary
- Regulatory approvals received for acquisition of First Reliance Bancshares; close expected Nov 1, 2026, subject to shareholder votes.
- Shareholder meetings for both companies scheduled for Oct 14, 2026.
- Merger consideration: combined stock-and-cash valued at ~$163M; combined company ~$5B assets, $4B deposits, $3.2B loans.
- President R. Dallis Copeland Jr. signed new 2-year employment agreement starting Sept 13, 2026, with $400K base salary and change-in-control severance of 2x salary+bonus.

## SEC filing metadata
- accession: 0001104659-26-108432
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2026-09-17T12:30:19+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711669/000110465926108432/0001104659-26-108432-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000110465926108432/cban-20260917x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-108432
- JSON: https://secwatch.observer/filing/0001104659-26-108432.json
- Plain text: https://secwatch.observer/filing/0001104659-26-108432.txt

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