---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-116248"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2026-10-15T20:15:20+00:00"
generated_at: "2026-10-15T20:16:12.668941+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp, First Reliance shareholders approve $163M merger; Q4 2026 close expected

## Summary
- Colony holders approved the stock issuance: 13,338,856 for, 76,939 against; 13,419,694 shares (63.23%) represented at the Oct. 14, 2026 special meeting.
- First Reliance (OTCQX: FSRL) shareholders also approved the deal; all necessary regulatory approvals have been received.
- Deal announced June 24, 2026: Colony (NYSE: CBAN) to acquire 100% of First Reliance in a stock-and-cash transaction valued at about $163 million.
- Closing anticipated in Q4 2026, subject to customary closing conditions.
- Pro forma Colony expected to hold ~$5B total assets, ~$4B deposits and ~$3.2B loans across Georgia, South Carolina and Florida.

## SEC filing metadata
- accession: 0001104659-26-116248
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2026-10-15T20:15:20+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711669/000110465926116248/0001104659-26-116248-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000110465926116248/cban-20261014x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-116248
- JSON: https://secwatch.observer/filing/0001104659-26-116248.json
- Plain text: https://secwatch.observer/filing/0001104659-26-116248.txt

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