Company Profile
- Colony Bankcorp, Inc. (NASDAQ: CBAN) (“the company”) is a $3.0 billion asset bank holding company headquartered in Fitzgerald, Georgia, which, through its lead subsidiary, Colony Bank (“the bank”), is Georgia’s largest community bank headquartered outside of Atlanta. Founded in 1975, Colony Bank has a 28-branch footprint with 5 loan production offices (LPOs) in the state of Georgia. More recently, the bank has expanded its presence to include a location in Birmingham, Alabama as well as Tallahassee, Florida to service customers in the Florida Panhandle.
- CBAN offers a standard set of bank financial services that includes mortgage banking and insurance products from its insurance agency to complement traditional retail and commercial banking products.
- M&A has been a key driver of the company’s recent growth, with the 2019 LBC Bancshares and 2021 SouthCrest Financial bank acquisitions (contributing to 35% of assets at YE21) and seven insurance…