secwatch / observer

COLONY BANKCORP INC — fact timeline

Source-grounded facts extracted from COLONY BANKCORP INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CBAN COLONY BANKCORP INC JSON
Shareholder Votes

COLONY BANKCORP INC shareholders approved Ratification of Mauldin & Jenkins, LLC as independent registered public accounting firm for fiscal year 2026 at the 2026-05-21 meeting.

“Proposal 3. The ratification of the appointment of Mauldin & Jenkins, LLC as the Company’s independent registered public accounting firm for the year ended December 31, 2026:”
Shareholder Votes

COLONY BANKCORP INC shareholders approved Advisory vote to approve executive compensation (say on pay) at the 2026-05-21 meeting.

“Proposal 2. The approval of an advisory “say on pay” resolution supporting the compensation plan for the Company’s named executive officers:”
Shareholder Votes

COLONY BANKCORP INC shareholders approved Election of eight directors to serve until 2027 annual meeting at the 2026-05-21 meeting.

“Proposal 1. The election of eight directors to constitute the Company's Board of Directors to serve until the 2027 annual meeting of shareholders and until their successors are elected and qualified:”
Earnings Releases

COLONY BANKCORP INC reported first quarter ended March 31, 2026 results: net income $8.2 million, EPS $0.39 per diluted share.

“Net income was $8.2 million, or $0.39 per diluted share, for the first quarter of 2026”
M&A Transactions

COLONY BANKCORP INC completed an acquisition involving TC Bancshares, Inc. for $21.25 in cash or 1.25 shares of Colony common stock for each share of TC Bancshares common stock (closed 2025-12-01).

“of TCBC common stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive, at the election of each TCBC shareholder, either (i) $21.25 in cash (the “Per Share Cash Consideration”), or (ii) 1.25 shares of the Company’s common stock (the “Per Share Stock Consideration”), subject to customary proration and”

Edward P. Loomis, Jr. retired as Member of the Board of Directors at COLONY BANKCORP INC.

“As of May 22, 2025, Edward P. Loomis, Jr. 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 March 19, 2025.”

Edward P. Loomis, Jr. departed as member of the Board of Directors at COLONY BANKCORP INC.

“On March 17, 2025, Edward P. Loomis, Jr., member of the Board of Directors of Colony Bankcorp, Inc. (the “Company”) and Colony Bank (the “Bank”), provided notice of his decision not to stand for reelection at the Company’s 2025 Annual Meeting of Shareholders (the “2025 Annual Meeting”).”

Paul Joiner, III was appointed as Director at COLONY BANKCORP INC.

“On February 26, 2025, the Board of Directors (the “Board”) of Colony Bankcorp, Inc. (the “Company”) voted to increase the size of the Board from eight to nine directors and appointed Mr. Paul Joiner, III to serve as a member of the Boards of the Company and Colony Bank, the wholly owned subsidiary of the Company (the “Bank”), effective March 1, 2025.”
Shareholder Votes

COLONY BANKCORP INC shareholders approved Ratification of the appointment of Mauldin & Jenkins, LLC as the Company's independent registered public accounting firm for the year ended December 31, 2024 at the 2024-05-16 meeting.

“Proposal 3. The ratification of the appointment of Mauldin & Jenkins, LLC as the Company's independent registered public accounting firm for the year ended December 31, 2024: For Against Abstain Broker Non-Vote 13,836,716 37,519 2,458”
Shareholder Votes

COLONY BANKCORP INC shareholders approved Approval of an advisory 'say on pay' resolution supporting the compensation plan for the Company's named executive officers at the 2024-05-16 meeting.

“Proposal 2. The approval of an advisory "say on pay" resolution supporting the compensation plan for the Company's named executive officers: For Against Abstain Broker Non-Vote 10,750,246 505,614 340,397 2,278,011”
Shareholder Votes

COLONY BANKCORP INC shareholders approved Election of eight directors at the 2024-05-16 meeting.

“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 11,478,465 120,217 2,278,011 Edward P. Loomis, Jr. 8,724,929 2,873,753 2,278,011 Mark H. Massee 11,372,654 226,028 2,278,011 Meagan M. Mowry 10,104,333 1,494,349 2,278,011 Matthew D. Reed 10,288,002 1,310,680 2,278,011 Brian D. Schmitt 11,330,605 268,077 2,278,011”

Jonathan W.R. Ross retired as Director at COLONY BANKCORP INC.

“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.”

Harold W. Wyatt, III retired as Director at COLONY BANKCORP INC.

“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.”
Earnings Releases

COLONY BANKCORP INC reported the first quarter ended March 31, 2024 results: net income $5.3 million, EPS $0.30 per diluted share.

“Net income decreased to $5.3 million, or $0.30 per diluted share, for the first quarter of 2024, compared to $5.6 million, or $0.32 per diluted share, for the fourth quarter of 2023, but increased from the first quarter of 2023 net income of $5.0 million, or $0.29 per diluted share.”
Earnings Releases

COLONY BANKCORP INC reported the fourth quarter ended December 31, 2023 results: net income Net income decreased to $5.6 million, EPS $0.32 per diluted share.

“On January 24, 2024 , Colony Bankcorp, Inc. (the “Company”) issued a press release announcing its consolidated financial results for the fourth quarter ended December 31, 2023, as well as the announcement of a regular quarterly cash dividend.”

Derek Shelnutt was named as Executive Vice President and Chief Financial Officer at COLONY BANKCORP INC.

“On January 18, 2024, Colony Bankcorp, Inc. (the “Company”), named Mr. Derek Shelnutt, the current Chief Accounting Officer of the Company and Chief Financial Officer of Colony Bank (the “Bank”), as Executive Vice President and Chief Financial Officer of the Company effective January 23, 2024.”

Harold W. Wyatt, III departed as Director at COLONY BANKCORP INC.

“On December 12, 2023, Harold W. Wyatt, III, member of the Board of Directors of Colony Bankcorp, Inc. (the “Company”) and Colony Bank (the “Bank”), provided notice of his decision not to stand for reelection at the Company’s 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”).”
Earnings Releases

COLONY BANKCORP INC reported third quarter ended September 30, 2023 results: net income $5.8 million, EPS $0.33 per diluted share.

“Colony Bankcorp, Inc. (the “Company”) issued a press release announcing its consolidated financial results for the third quarter ended September 30, 2023”

Brian D. Schmitt retired as Executive Vice Chairman at COLONY BANKCORP INC.

“Effective as of August 1, 2023, Brian D. Schmitt retired from his role as Executive Vice Chairman of Colony Bankcorp, Inc. (the “Company”) and its wholly owned banking subsidiary, Colony Bank.”
Earnings Releases

COLONY BANKCORP INC reported the second quarter ended June 30, 2023 results: net income increased to $5.3 million, or $0.30 per diluted share, EPS $0.30 per diluted share.

“On July 26, 2023 , Colony Bankcorp, Inc. (the “Company”) issued a press release announcing its consolidated financial results for the second quarter ended June 30, 2023”
Shareholder Votes

COLONY BANKCORP INC shareholders approved Ratification of the appointment of Mauldin & Jenkins, LLC as the Company's independent registered public accounting firm for the year ended December 31, 2023 at the 2023-05-18 meeting.

“Proposal 3. The ratification of the appointment of Mauldin & Jenkins, LLC as the Company’s independent registered public accounting firm for the year ended December 31, 2023: For Against Abstain Broker Non-Vote 14,654,977 9,222 23,839 —”
Shareholder Votes

COLONY BANKCORP INC shareholders approved Approval of an advisory say on pay resolution supporting the compensation plan for the Company's named executive officers at the 2023-05-18 meeting.

“Proposal 2. The approval of an advisory “say on pay” resolution supporting the compensation plan for the Company’s named executive officers: For Against Abstain Broker Non-Vote 11,596,148 495,516 268,133 2,327,980”
Shareholder Votes

COLONY BANKCORP INC shareholders approved Election of eleven directors at the 2023-05-18 meeting.

“Proposal 1. The election of eleven directors to constitute the Company's Board of Directors to serve until the 2024 annual meeting of shareholders and until their successors are elected and qualified: Votes For Votes Withheld Broker Non-Vote Scott L. Downing 12,218,382 141,676 2,327,980 T. Heath Fountain 12,161,860 198,198 2,327,980 Audrey D. Hollingsworth 12,262,779 97,279 2,327,980 Edward P. Loomis, Jr. 9,550,749 2,809,309 2,327,980 Mark H. Massee 12,212,659 147,399 2,327,980 Meagan M. Mowry 11,125,271 1,234,787 2,327,980 Matthew D. Reed 11,118,677 1,241,381 2,327,980 Jonathan W.R. Ross 12,215,272 144,786 2,327,980 Brian D. Schmitt 12,117,352 242,706 2,327,980 Harold W. Wyatt, III 11,114,568 1,245,490 2,327,980”
Earnings Releases

COLONY BANKCORP INC reported first quarter of 2023 results: net income $5.0 million, EPS $0.29 per diluted share.

“Net income decreased to $5.0 million, or $0.29 per diluted share, for the first quarter of 2023”

T. Heath Fountain was appointed as interim Chief Financial Officer at COLONY BANKCORP INC.

“The Board of Directors of the Company designated T. Heath Fountain as the interim Chief Financial Officer, principal financial officer and principal accounting officer of the Company, to serve in that function until a permanent replacement is named.”

Andrew Borrmann resigned as Executive Vice President and Chief Financial Officer at COLONY BANKCORP INC.

“On January 24, 2023, Mr. Andrew Borrmann resigned from his roles of Executive Vice President and Chief Financial Officer of each of the Company and the Bank, effective immediately.”

Terry L. Hester departed as Director at COLONY BANKCORP INC.

“Terry L. Hester passed away on January 22, 2023.”

Audrey Hollingsworth was appointed as Director at COLONY BANKCORP INC.

“appointed Ms. Audrey Hollingsworth to serve as a member of the Boards of the Company and Colony Bank, the wholly owned subsidiary of the Company (the “Bank”), effective December 1, 2022.”

T. Heath Fountain changed role as President and Chief Executive Officer at COLONY BANKCORP INC.

“Mr. T. Heath Fountain previously served as President and Chief Executive Officer of the Company and the Bank, and will continue to serve as Chief Executive Officer of the Company and the Bank effective September 13, 2022.”

M. Eddie Hoyle changed role as Executive Vice President and Chief Banking Officer at COLONY BANKCORP INC.

“Effective January 1, 2023, Mr. Hoyle will transition out of his current role as Executive Vice President and Chief Banking Officer and into a new role as special advisor to the Company and the Bank.”

R. Dallis Copeland, Jr. was appointed as President at COLONY BANKCORP INC.

“the Board of Directors of Colony Bankcorp, Inc. (the “Company”), the bank holding company for Colony Bank (the “Bank”), and the Board of Directors of the Bank approved the appointment of Mr. R. Dallis Copeland, Jr. as President of the Company and the Bank, effective September 13, 2022.”

Andrew Borrmann was appointed as Executive Vice President and Chief Financial Officer at COLONY BANKCORP INC.

“The correct effective date of his appointment is April 15, 2022.”

Andrew Borrmann was appointed as Chief Financial Officer at COLONY BANKCORP INC.

“The Company has selected Mr. Andrew Borrmann , the current Chief Strategy Officer of the Company and the Bank, as Ms. Youngblood’s successor, effective June 8, 2022.”

Tracie Youngblood departed as Chief Financial Officer at COLONY BANKCORP INC.

“Ms. Youngblood, currently Executive Vice President and Chief Financial Officer of the Company and the Bank, will separate from employment with the Company and the Bank, effective as of June 8, 2022.”

Andrew Borrmann was appointed as Executive Vice President and Chief Strategy Officer at COLONY BANKCORP INC.

“Colony appointed Andrew Borrmann to serve as its Executive Vice President and Chief Strategy Officer.”

Harold W. Wyatt, III was elected as Director at COLONY BANKCORP INC.

“the Colony board of directors increased the size of the board by two members and elected two former SouthCrest directors, Brian Schmitt and Harold W. Wyatt, III, to fill the vacancies created by this increase.”

Brian Schmitt was elected as Director at COLONY BANKCORP INC.

“the Colony board of directors increased the size of the board by two members and elected two former SouthCrest directors, Brian Schmitt and Harold W. Wyatt, III, to fill the vacancies created by this increase.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.