Colony Bankcorp Reports Fourth Quarter 2025 Results Increases Quarterly Cash Dividend to $0.12 Per Share

Colony Bankcorp Reports Fourth Quarter 2025 Results Increases Quarterly Cash Dividend to $0.12 Per Share

FITZGERALD, Ga.–(BUSINESS WIRE)–
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”) today reported financial results for the fourth quarter of 2025. Financial highlights are shown below.

Financial Highlights:

• Net income was $7.8 million, or $0.42 per diluted share, for the fourth quarter of 2025, compared to $5.8 million, or $0.33 per diluted share, for the third quarter of 2025, and $7.4 million, or $0.42 per diluted share, for the fourth quarter of 2024.

• Operating net income was $8.9 million, or $0.48 of adjusted earnings per diluted share, for the fourth quarter of 2025, compared to $8.2 million, or $0.47 of adjusted earnings per diluted share, for the third quarter of 2025, and $7.8 million, or $0.44 of adjusted earnings per diluted share, for the fourth quarter of 2024. (See Reconciliation of Non-GAAP Measures).

• Provision for credit losses of $1.65 million was recorded in the fourth quarter of 2025 compared to $900,000 in the third quarter of 2025, and $650,000 in the fourth quarter of 2024.

• Total loans, excluding loans held for sale, were $2.38 billion at December 31, 2025, an increase of $344.2 million, or 16.90%, from the prior quarter. Organic loan growth was 10.5% when compared to December 31, 2024 and flat compared to the prior quarter.

• Total deposits were $3.07 billion and $2.58 billion at December 31, 2025 and September 30, 2025, respectively, an increase of $483.2 million. Organic deposit growth, excluding wholesale deposits, was flat for the year and $24.3 million in the fourth quarter.

• Mortgage production was $89.5 million, and mortgage sales totaled $68.1 million in the fourth quarter of 2025 compared to $87.3 million and $65.1 million, respectively, for the third quarter of 2025.

• Small Business Specialty Lending (“SBSL”) closed $29.1 million in Small Business Administration (“SBA”) loans and sold $16.8 million in SBA loans in the fourth quarter of 2025 compared to $28.4 million and $18.2 million, respectively, for the third quarter of 2025.

The Company also announced that on January 28, 2026, the Board of Directors declared a quarterly cash dividend of $0.12 per share, to be paid on its common stock on February 25, 2026, to shareholders of record as of the close of business on February 11, 2026. The Company had 21,251,424 shares of its common stock outstanding as of January 26, 2026.

“We are pleased to deliver another consecutive quarter of improved performance and a strong finish to 2025. The discipline and effort demonstrated by our team continue to translate into solid results and steady progress toward our long-term goals,” said Heath Fountain, Chief Executive Officer. “Our results this quarter reflect the effectiveness of our strategic execution across the organization and our ability to carry that momentum into 2026.”

“We are also proud to have completed the merger with TC Federal, a significant milestone that advances our growth and expands what we can achieve together as a combined institution. We welcome our new team members and expect the planned systems conversion to fully integrate customers in the first quarter.

“Margin continues to expand at a steady pace and we are well positioned to see that continue over the next year. Credit quality remains stable overall, despite some quarter-to-quarter variability in the fourth quarter. The portfolio continues to reflect solid fundamentals, and we remain focused on maintaining strong credit discipline. Additionally, fourth quarter noninterest income performed well compared to the same quarter in the prior year, reflecting strength in our diversified revenue streams.

“The year ahead presents tremendous opportunities for growth and progress. We are energized by the potential to build on our accomplishments, further strengthen our business, and make a positive impact for our customers and communities.”

Balance Sheet

• Total assets were $3.74 billion at December 31, 2025, an increase of $582.7 million from September 30, 2025.

• Total loans, excluding loans held for sale, were $2.38 billion at December 31, 2025, an increase of $344.2 million from September 30, 2025.

• Total deposits were $3.07 billion and $2.58 billion at December 31, 2025 and September 30, 2025, respectively, an increase of $483.2 million. Increases were seen in interest-bearing demand deposits of $121.2 million, savings and money market deposits of $143.5 million and time deposits of $133.8 million, from September 30, 2025 to December 31, 2025. Total deposits increased $499.6 million from the period ended December 31, 2024, with increases seen in interest-bearing demand deposits of $118.5 million, savings and money market deposits of $100.2 million and time deposits of $216.4 million.

• The primary driver of increases in assets, loans held for investment, and deposits was the acquisition of TC Bancshares, Inc. (“TC Federal”) which closed on December 1, 2025.

• Total borrowings at December 31, 2025 totaled $258.1 million, an increase of $10.0 million compared to September 30, 2025.

Capital

• Colony continues to maintain a strong capital position, with ratios that exceed regulatory minimums required to be considered as “well-capitalized.”

• Under the Company’s approved stock repurchase program, a total of 46,973 shares of the Company common stock were repurchased during the fourth quarter of 2025 at an average price of $16.50 per share and a total value of $775,064 thousand.

• Preliminary tier one leverage ratio, tier one capital ratio, total risk-based capital ratio and common equity tier one capital ratio were 10.78%, 13.60%, 15.95%, and 12.68%, respectively, at December 31, 2025.

Fourth Quarter and Full Year 2025 Results of Operations

• Net interest income, on a tax-equivalent basis, totaled $26.0 million for the fourth quarter ended December 31, 2025 compared to $20.6 million for the same period in 2024. Net interest income, on a tax-equivalent basis, for the twelve months ended December 31, 2025 totaled $92.6 million, compared to $76.8 million for the twelve months ended December 31, 2024. For both periods, increases occurred in income on interest earning assets, and decreases were seen in interest bearing liabilities. Income on interest earning assets increased $4.7 million to $40.9 million for the fourth quarter of 2025 compared to the same period in 2024. Expense on interest bearing liabilities decreased $684,000 to $14.8 million for the fourth quarter of 2025 compared to the same period in 2024. Income on interest earning assets increased $12.8 million to $150.7 million for the twelve month period ended December 31, 2025 compared to the same period in 2024. Expense on interest bearing liabilities decreased $3.1 million, to $58.1 million for the twelve month period ended December 31, 2025 compared to the same period in 2024.

• Net interest margin for the fourth quarter of 2025 was 3.32% compared to 2.84% for the fourth quarter of 2024. Net interest margin was 3.14% for the twelve months ended December 31, 2025 compared to 2.72% for the twelve months ended December 31, 2024. The increase for both periods was primarily related to increases in interest earning assets period over period, partially offset by the rate decreases in interest bearing liabilities.

• Noninterest income totaled $11.0 million for the fourth quarter ended December 31, 2025, an increase of $738,000, or 7.16%, compared to the same period in 2024. Noninterest income totaled $40.3 million for the twelve months ended December 31, 2025, an increase of $905,000, or 2.30%, compared to the same period in 2024. Increases for both periods occurred in service charges on deposits, mortgage fee income, interchange fees, insurance commissions, decreases in losses on the sales of investment securities and an increase in wealth advisor income included in other noninterest income, partially offset by decreases in gains on sales of SBA loans.

• Noninterest expense totaled $25.7 million for the fourth quarter ended December 31, 2025, compared to $21.3 million for the same period in 2024. Noninterest expense totaled $92.5 million for the twelve months ended December 31, 2025, compared to $82.8 million for the same period in 2024. These increases were a result of increases in salaries and employee benefits, occupancy and equipment, information technology expenses, professional fees, acquisition related expenses related to the acquisition of TC Bancshares, Inc. and a loss related to a wire fraud incident included in other noninterest expense.

Asset Quality

• Nonperforming assets totaled $24.7 million and $15.2 million at December 31, 2025 and September 30, 2025, respectively, an increase of $9.5 million which includes additions from the TC Federal acquisition.

• Other real estate owned and repossessed assets totaled $1.2 million at December 31, 2025 and $870,000 at September 30, 2025.

• Net loans charged-off were $1.6 million, or 0.30% of average loans for the fourth quarter of 2025, compared to $1.8 million, or 0.36% for the third quarter of 2025.

• The credit loss reserve was $23.0 million, or 0.97% of total loans, at December 31, 2025, compared to $18.1 million, or 0.89% of total loans at September 30, 2025. The Company adopted ASU 2025-08 during the fourth quarter of 2025. The adoption permits the recognition of an initial allowance for credit losses on all loans acquired from TC Federal Bank following the merger. The estimated initial allowance for credit losses related to the TC Federal Bank acquired loan portfolio was $4.6 million.

Earnings call information

The Company will host an earnings conference call at 9:00 a.m. ET on Thursday, January 29, 2026, to discuss the recent results and answer relevant questions. The conference call can be accessed by dialing 1-800-549-8228 and using the Conference ID: 10460. A replay of the call will be available until Thursday, February 5, 2026. To listen to the replay, dial 1-888-660-6264 and entering the passcode 10460#.

About Colony Bankcorp

Colony Bankcorp, Inc. is the bank holding company for Colony Bank. Founded in Fitzgerald, Georgia in 1975, Colony operates locations throughout Georgia as well as in Birmingham, Alabama; Tallahassee, Florida; and the Florida Panhandle. Colony Bank offers a range of banking solutions for personal and business customers. In addition to traditional banking services, Colony provides specialized solutions including mortgage lending, government guaranteed lending, consumer insurance, wealth management, credit cards and merchant services. Colony’s common stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “CBAN.” For more information, please visit www.colony.bank. You can also follow the Company on social media.

Forward-Looking Statements

Certain statements contained in this press release that are not statements of historical fact constitute “forward-looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, certain statements may be contained in the Company’s future filings with the Securities and Exchange Commission (the “SEC”), in press releases, and in oral and written statements made by or with the approval of the Company that are not statements of historical fact and constitute “forward-looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, but are not limited to: (i) projections and/or expectations of revenues, income or loss, earnings or loss per share, the payment or nonpayment of dividends, capital structure and other financial items; (ii) statement of plans and objectives of Colony Bankcorp, Inc. or its management or Board of Directors, including those relating to products or services; (iii) statements of future economic performance; (iv) statements regarding growth strategy, capital management, liquidity and funding, and future profitability; (v) statements relating to the timing, benefits, costs, and synergies of the recently completed acquisition of TC Bancshares, Inc. (“TC Bancshares”) (the “Merger”), and (vi) statements of assumptions underlying such statements. Words such as “may”, “will”, “anticipate”, “assume”, “should”, “support”, “indicate”, “would”, “believe”, “contemplate”, “expect”, “estimate”, “continue”, “further”, “plan”, “point to”, “project”, “could”, “intend”, “target” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements.

Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties. Factors that might cause such differences include, but are not limited to: the impact of current and future economic conditions, particularly those affecting the financial services industry, including the effects of declines in the real estate market, tariffs or trade wars (including the resulting reduced consumer spending, lower economic growth or recession, reduced demand for U.S. exports, disruptions to supply chains, and decreased demand for other banking products and services), high unemployment rates, inflationary pressures, changes in interest rates (including the impact of prolonged elevated interest rates on our financial projections and models) and slowdowns in economic growth, as well as the financial stress on borrowers as a result of the foregoing; the risk of reductions in benchmark interest rates and the resulting impacts on net interest income; potential impacts of adverse developments in the banking industry highlighted by high-profile bank failures, including impacts on customer confidence, deposit outflows, liquidity and the regulatory response thereto; risks arising from negative media coverage and perceived instability in the banking industry; risks arising from perceived instability in the banking sector; the risks of changes in interest rates and their effects on the level, cost, and composition of, and competition for, deposits, loan demand and timing of payments, the values of loan collateral, securities, and interest sensitive assets and liabilities; the ability to attract new or retain existing deposits, to retain or grow loans or additional interest and fee income, or to control noninterest expense; the effect of pricing pressures on the Company’s net interest margin; the failure of assumptions underlying the establishment of reserves for possible credit losses, fair value for loans and other real estate owned; changes in real estate values; the Company’s ability to implement its various strategic and growth initiatives; increased competition in the financial services industry, particularly from regional and national institutions, as well as from fintech companies; economic conditions, either nationally or locally, in areas in which the Company conducts operations being less favorable than expected; changes in the prices, values and sales volumes of residential and commercial real estate; developments in our mortgage banking business, including loan modifications, general demand, and the effects of judicial or regulatory requirements or guidance; legislation or regulatory changes which adversely affect the ability of the consolidated Company to conduct business combinations or new operations; adverse results from current or future litigation, regulatory examinations or other legal and/or regulatory actions, including as a result of the Company’s participation in and execution of government programs, those related to credit card interest rates, and legislative, regulatory or supervisory actions related to so-called “de-banking,” including any new prohibitions, requirements or enforcement priorities that could affect customer relationships, compliance obligations, or operational practices; significant turbulence or a disruption in the capital or financial markets and the effect of a fall in the stock market prices on our investment securities; the effects of war or other conflicts, including civil unrest; general risks related to the Company’s merger and acquisition activity, including risks associated with integrating and realizing the expected financial benefits of previous or pending acquisitions, and the Company’s pursuit of future acquisitions; risks associated with the recent Merger, including the risk that the cost savings and any revenue synergies may not be realized or take longer than anticipated to be realized as well as disruption with customers, suppliers, employee or other business partners relationships; the risk of successful integration of TC Bancshares’ business into the Company; the reaction of each of the Company’s and TC Bancshares’ customers, suppliers, employees or other business partners to the Merger; the risk that the integration of TC Bancshares’ operations into the operations of the Company will be materially delayed or will be more costly or difficult than expected; the timing and achievement of expected cost reductions following the Merger; the timing and achievement of the recovery of the reduction of tangible book value resulting from the Merger; general competitive, economic, political, and market conditions; the impact of emerging technologies, such as generative artificial intelligence; fraud or misconduct by internal or external actors, and system failures, cybersecurity threats or security breaches and the cost of defending against them; a deterioration of the credit rating for U.S. long-term sovereign debt, actions that the U.S. government may take to avoid exceeding the debt ceiling, and uncertainties surrounding debt ceiling and the federal budget; and general competitive, economic, political and market conditions or other unexpected factors or events. These and other factors, risks and uncertainties could cause the actual results, performance or achievements of the Company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. Many of these factors are beyond the Company’s ability to control or predict.

Forward-looking statements speak only as of the date on which such statements are made. These forward-looking statements are based upon information presently known to the Company’s management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in the Company’s filings with the Securities and Exchange Commission, the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, under the captions “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors,” and in the Company’s quarterly reports on Form 10-Q and current reports on Form 8-K. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements.

Explanation of Certain Unaudited Non-GAAP Financial Measures

The measures entitled operating noninterest income, operating noninterest expense, operating net income, adjusted earnings per diluted share, operating return on average assets, operating return on average equity, tangible book value per common share, tangible equity to tangible assets, operating efficiency ratio, operating net noninterest expense to average assets and pre-provision net revenue are not measures recognized under U.S. generally accepted accounting principles (“GAAP”) and therefore are considered non-GAAP financial measures. The most comparable GAAP measures are noninterest income, noninterest expense, net income, diluted earnings per share, return on average assets, return on average equity, book value per common share, total equity to total assets, efficiency ratio, net noninterest expense to average assets and net interest income before provision for credit losses, respectively. Operating noninterest income excludes loss on sales of securities. Operating noninterest expense excludes acquisition-related expenses, severance costs and loss related to wire fraud incident. Operating net income, operating return on average assets, operating return on average equity and operating efficiency ratio all exclude acquisition-related expenses, severance costs, loss on sales of securities and loss related to wire fraud incident from net income, return on average assets, return on average equity and efficiency ratio, respectively. Operating net noninterest expense to average assets ratio excludes from net noninterest expense, severance costs, acquisition-related expenses, loss on sales of securities and loss related to wire fraud incident. Acquisition-related expenses includes fees associated with acquisitions and vendor contract buyouts. Severance costs includes costs associated with termination and retirement of employees. Adjusted earnings per diluted share includes the adjustments to operating net income. Tangible book value per common share and tangible equity to tangible assets exclude goodwill and other intangibles from book value per common share and total equity to total assets, respectively. Pre-provision net revenue is calculated by adding noninterest income to net interest income before provision for credit losses, and subtracting noninterest expense.

Management uses these non-GAAP financial measures in its analysis of the Company’s performance and believes these presentations provide useful supplemental information, and a clearer understanding of the Company’s performance, and if not provided would be requested by the investor community. The Company believes the non-GAAP measures enhance investors’ understanding of the Company’s business and performance. These measures are also useful in understanding performance trends and facilitate comparisons with the performance of other financial institutions. The limitations associated with operating measures are the risk that persons might disagree as to the appropriateness of items comprising these measures and that different companies might calculate these measures differently.

These disclosures should not be considered an alternative to GAAP. The computations of operating noninterest income, operating noninterest expense, operating net income, adjusted earnings per diluted share, operating return on average assets, operating return on average equity, tangible book value per common share, tangible equity to tangible assets, operating efficiency ratio, operating net noninterest expense to average assets and pre-provision net revenue and the reconciliation of these measures to noninterest income, noninterest expense, net income, diluted earnings per share, return on average assets, return on average equity, book value per common share, total equity to total assets, efficiency ratio, net noninterest expense to average assets and net interest income before provision for credit losses are set forth in the table below.

Colony Bankcorp, Inc.
Reconciliation of Non-GAAP Measures
		2025																2024
(dollars in thousands, except per share data)		Fourth Quarter				Third Quarter				Second Quarter				First Quarter				Fourth Quarter
Operating noninterest income reconciliation
Noninterest income (GAAP)		$	11,047			$	10,091			$	10,098			$	9,044			$	10,309
Loss on sales of securities			—				1,039				—				—				401
Operating noninterest income		$	11,047			$	11,130			$	10,098			$	9,044			$	10,710
Operating noninterest expense reconciliation
Noninterest expense (GAAP)		$	25,709			$	24,612			$	22,004			$	20,221			$	21,272
Severance costs			—				—				—				—				—
Acquisition-related expenses			(1,331	)			(732	)			—				—				—
Loss related to wire fraud incident			—				(1,252	)			—				—				—
Operating noninterest expense		$	24,378			$	22,628			$	22,004			$	20,221			$	21,272
Operating net income reconciliation
Net income (GAAP)		$	7,843			$	5,819			$	7,978			$	6,613			$	7,432
Severance costs			—				—				—				—				—
Acquisition-related expenses			1,331				732				—				—				—
Loss related to wire fraud incident			—				1,252				—				—				—
Loss on sales of securities			—				1,039				—				—				401
Income tax benefit			(269	)			(612	)			—				—				(77	)
Operating net income		$	8,905			$	8,230			$	7,978			$	6,613			$	7,756
Weighted average diluted shares			18,729,511				17,461,434				17,448,945				17,509,059				17,531,808
Adjusted earnings per diluted share		$	0.48			$	0.47			$	0.46			$	0.38			$	0.44
Operating return on average assets reconciliation
Return on average assets (GAAP)			0.93	%			0.75	%			1.02	%			0.85	%			0.95	%
Severance costs			—				—				—				—				—
Acquisition-related expenses			0.15				0.10				—				—				—
Loss related to wire fraud incident			—				0.16				—				—				—
Loss on sales of securities			—				0.13				—				—				0.05
Tax effect of adjustment items			(0.03	)			(0.08	)			—				—				(0.01	)
Operating return on average assets			1.05	%			1.06	%			1.02	%			0.85	%			0.99	%
Operating return on average equity reconciliation
Return on average equity (GAAP)			9.49	%			7.80	%			11.14	%			9.63	%			10.71	%
Severance costs			—				—				—				—				—
Acquisition-related expenses			1.62				0.98				—				—				—
Loss related to wire fraud incident			—				1.68				—				—				—
Loss on sales of securities			—				1.39				—				—				0.58
Tax effect of adjustment items			(0.33	)			(0.82	)			—				—				(0.11	)
Operating return on average equity			10.78	%			11.03	%			11.14	%			9.63	%			11.18	%
Operating return on average tangible equity reconciliation
Return on average tangible equity			11.63	%			9.56	%			13.70	%			11.83	%			13.16	%
Acquisition-related expenses			1.97				1.20				—				—				—
Loss related to wire fraud incident			—				2.06				—				—				—
Loss on sales of securities			—				1.71				—				—				0.71
Tax effect of adjustment items			(0.40	)			(1.01	)			—				—				(0.14	)
Operating return on average tangible equity			13.20	%			13.52	%			13.70	%			11.83	%			13.74	%
Tangible book value per common share reconciliation
Book value per common share (GAAP)		$	17.69			$	17.31			$	16.87			$	16.41			$	15.91
Effect of goodwill and other intangibles			(3.38	)			(3.11	)			(3.14	)			(2.95	)			(2.96	)
Tangible book value per common share		$	14.31			$	14.20			$	13.73			$	13.46			$	12.95
Tangible equity to tangible assets reconciliation
Equity to assets (GAAP)			10.06	%			9.59	%			9.43	%			9.05	%			8.96	%
Effect of goodwill and other intangibles			(1.76	)			(1.59	)			(1.62	)			(1.51	)			(1.54	)
Tangible equity to tangible assets			8.30	%			8.00	%			7.81	%			7.54	%			7.42	%
Operating efficiency ratio calculation
Efficiency ratio (GAAP)			69.65	%			75.06	%			67.74	%			67.41	%			69.11	%
Severance costs			—				—				—				—				—
Acquisition-related expenses			(3.61	)			(1.98	)			—				—				—
Loss related to wire fraud incident			—				(3.38	)			—				—				—
Loss on sales of securities			—				(2.81	)			—				—				(1.31	)
Operating efficiency ratio			66.04	%			66.89	%			67.74	%			67.41	%			67.80	%
Operating net noninterest expense(1) to average assets calculation
Net noninterest expense to average assets			1.73	%			1.86	%			1.52	%			1.44	%			1.40	%
Severance costs			—				—				—				—				—
Acquisition-related expenses			(0.15	)			(0.09	)			—				—				—
Loss related to wire fraud incident			—				(0.16	)			—				—				—
Loss on sales of securities			—				(0.13	)			—				—				(0.05	)
Operating net noninterest expense to average assets			1.58	%			1.48	%			1.52	%			1.44	%			1.35	%
Pre-provision net revenue
Net interest income before provision for credit losses		$	25,865			$	22,699			$	22,385			$	20,952			$	20,472
Noninterest income			11,047				10,091				10,098				9,044				10,309
Total income			36,912				32,790				32,483				29,996				30,781
Noninterest expense			25,709				24,612				22,004				20,221				21,272
Pre-provision net revenue		$	11,203			$	8,178			$	10,479			$	9,775			$	9,509
Operating pre-provision net revenue
Net interest income before provision for credit losses		$	25,865			$	22,699			$	22,385			$	20,952			$	20,472
Operating noninterest income			11,047				11,130				10,098				9,044				10,710
Total operating income			36,912				33,829				32,483				29,996				31,182
Operating noninterest expense			24,378				22,628				22,004				20,221				21,272
Operating pre-provision net revenue		$	12,534			$	11,201			$	10,479			$	9,775			$	9,910
(1) Net noninterest expense is defined as noninterest expense less noninterest income.

Colony Bankcorp, Inc.
Selected Financial Information
		2025																2024
(dollars in thousands, except per share data)		Fourth Quarter				Third Quarter				Second Quarter				First Quarter				Fourth Quarter
EARNINGS SUMMARY
Net interest income		$	25,865			$	22,699			$	22,385			$	20,952			$	20,472
Provision for credit losses			1,650				900				450				1,500				650
Noninterest income			11,047				10,091				10,098				9,044				10,309
Noninterest expense			25,709				24,612				22,004				20,221				21,272
Income taxes			1,710				1,459				2,051				1,662				1,427
Net income		$	7,843			$	5,819			$	7,978			$	6,613			$	7,432
PERFORMANCE MEASURES
Per common share:
Common shares outstanding			21,251,695				17,461,284				17,416,702				17,481,709				17,519,884
Weighted average basic shares			18,729,511				17,461,434				17,448,945				17,509,059				17,531,808
Weighted average diluted shares			18,729,511				17,461,434				17,448,945				17,509,059				17,531,808
Earnings per basic share		$	0.42			$	0.33			$	0.46			$	0.38			$	0.42
Earnings per diluted share			0.42				0.33				0.46				0.38				0.42
Adjusted earnings per diluted share(b)			0.48				0.47				0.46				0.38				0.44
Cash dividends declared per share			0.1150				0.1150				0.1150				0.1150				0.1125
Common book value per share			17.69				17.31				16.87				16.41				15.91
Tangible book value per common share(b)			14.31				14.20				13.73				13.46				12.95
Pre-provision net revenue(b)		$	11,203			$	8,178			$	10,479			$	9,775			$	9,509
PERFORMANCE RATIOS:
Net interest margin (a)			3.32	%			3.17	%			3.12	%			2.93	%			2.84	%
Return on average assets			0.93				0.75				1.02				0.85				0.95
Operating return on average assets (b)			1.05				1.06				1.02				0.85				0.99
Return on average total equity			9.49				7.80				11.14				9.63				10.71
Operating return on average total equity (b)			10.78				11.03				11.14				9.63				11.18
Return on average tangible equity			11.63				9.56				13.70				11.83				13.16
Operating return on average tangible equity (b)			13.20				13.52				13.70				11.83				13.74
Total equity to total assets			10.06				9.59				9.43				9.05				8.96
Tangible equity to tangible assets (b)			8.30				8.00				7.81				7.54				7.42
Efficiency ratio			69.65				75.06				67.74				67.41				69.11
Operating efficiency ratio (b)			66.04				66.89				67.74				67.41				67.80
Net noninterest expense to average assets			1.73				1.86				1.52				1.44				1.40
Operating net noninterest expense to average assets(b)			1.58				1.48				1.52				1.44				1.35
ASSET QUALITY
Nonperforming portfolio loans		$	17,190			$	9,082			$	4,760			$	7,538			$	5,024
Nonperforming SBA government loans-guaranteed portion			4,772				4,076				4,583				3,647				4,293
Nonperforming SBA government loans-unguaranteed portion			1,418				1,110				1,241				1,271				1,343
Loans 90 days past due and still accruing			95				98				107				22				152
Total nonperforming loans (NPLs)			23,475				14,366				10,691				12,478				10,812
Other real estate owned			1,048				710				710				522				202
Repossessed assets			190				160				21				6				328
Total nonperforming assets (NPAs)			24,713				15,236				11,422				13,006				11,342
Classified loans			40,481				24,183				25,112				26,453				20,103
Criticized loans			84,721				60,505				54,814				55,823				49,387
Net loan charge-offs (recoveries)			1,600				1,827				1,049				606				1,534
Allowance for credit losses to total loans			0.97	%			0.89	%			0.96	%			1.04	%			1.03	%
Allowance for credit losses to total NPLs			98.04				125.89				179.15				160.26				175.55
Allowance for credit losses to total NPAs			93.13				118.71				167.69				153.75				167.34
Net charge-offs (recoveries) to average loans, net			0.30				0.36				0.21				0.13				0.33
NPLs to total loans			0.99				0.71				0.54				0.65				0.59
NPAs to total assets			0.66				0.48				0.37				0.41				0.36
NPAs to total loans and foreclosed assets			1.04				0.75				0.57				0.68				0.62
ACTUAL BALANCES
Total assets		$	3,735,401			$	3,152,746			$	3,115,617			$	3,171,825			$	3,109,782
Loans held for sale			78,990				19,286				22,163				24,844				39,786
Loans, net of unearned income			2,381,224				2,037,056				1,993,580				1,921,263				1,842,980
Deposits			3,067,521				2,584,329				2,556,230				2,622,531				2,567,943
Total stockholders’ equity			375,920				302,332				293,857				286,925				278,675
AVERAGE BALANCES
Total assets		$	3,357,785			$	3,092,411			$	3,138,125			$	3,149,321			$	3,108,762
Loans held for sale			59,868				17,062				22,495				23,253				35,299
Loans, net of unearned income			2,148,729				2,024,153				1,960,025				1,869,476				1,851,628
Deposits			2,752,576				2,526,739				2,586,620				2,606,706				2,568,824
Total stockholders’ equity			327,830				296,027				287,325				278,551				276,082
(a) Computed using fully taxable-equivalent net income.
(b) Non-GAAP measure – see “Explanation of Certain Unaudited Non-GAAP Financial Measures” for more information and reconciliation to GAAP.

Colony Bankcorp, Inc.
Average Balance Sheet and Net Interest Analysis
	Three Months Ended December 31,
	2025											2024
(dollars in thousands)	Average Balances				Income/ Expense				Yields/ Rates			Average Balances				Income/ Expense				Yields/ Rates
Assets
Interest-earning assets:
Loans held for sale	$	59,868			$	1,018			6.75	%		$	35,299			$	437			4.93	%
Loans, net of unearned income 1		2,148,729				33,517			6.19	%			1,851,628				28,102			6.04	%
Investment securities, taxable		626,240				4,158			2.63	%			704,677				4,759			2.69	%
Investment securities, tax-exempt 2		93,822				488			2.06	%			95,062				505			2.11	%
Deposits in banks and short term investments		187,582				1,696			3.59	%			202,059				2,361			4.65	%
Total interest-earning assets		3,116,241				40,877			5.20	%			2,888,725				36,164			4.98	%
Noninterest-earning assets		241,544											220,037
Total assets	$	3,357,785										$	3,108,762
Liabilities and stockholders’ equity
Interest-bearing liabilities:
Interest-bearing demand and savings	$	1,559,476			$	5,577			1.42	%		$	1,494,178			$	6,759			1.80	%
Other time		737,709				6,396			3.44	%			619,334				5,897			3.79	%
Total interest-bearing deposits		2,297,185				11,973			2.07	%			2,113,512				12,656			2.38	%
Federal Home Loan Bank advances		188,370				1,948			4.10	%			185,000				1,905			4.10	%
Other borrowings		63,119				914			5.75	%			63,025				958			6.05	%
Total other interest-bearing liabilities		251,489				2,862			4.51	%			248,025				2,863			4.59	%
Total interest-bearing liabilities		2,548,674				14,835			2.31	%			2,361,537				15,519			2.61	%
Noninterest-bearing liabilities:
Demand deposits		455,391										$	455,312
Other liabilities		25,890											15,831
Stockholders’ equity		327,830											276,082
Total noninterest-bearing liabilities and stockholders’ equity		809,111											747,225
Total liabilities and stockholders’ equity	$	3,357,785										$	3,108,762
Interest rate spread									2.89	%										2.37	%
Net interest income					$	26,042										$	20,645
Net interest margin									3.32	%										2.84	%

______________________________________

1 The average balance of loans includes the average balance of nonaccrual loans. Income on such loans is recognized and recorded on the cash basis. Taxable-equivalent adjustments totaling $76,000 and $66,000 for the quarters ended December 31, 2025 and 2024, respectively, are calculated using the statutory federal tax rate and are included in income and fees on loans. Accretion income of $428,000 and $12,000 for the quarters ended December 31, 2025 and 2024, respectively, are also included in income and fees on loans.

2 Taxable-equivalent adjustments totaling $102,000 and $106,000 for the quarters ended December 31, 2025 and 2024, respectively, are calculated using the statutory federal tax rate and are included in tax-exempt interest on investment securities.

Colony Bankcorp, Inc.
Average Balance Sheet and Net Interest Analysis
	Twelve Months Ended December 31,
	2025											2024
(dollars in thousands)	Average Balances				Income/ Expense				Yields/ Rates			Average Balances				Income/ Expense				Yields/ Rates
Assets
Interest-earning assets:
Loans held for sale	$	30,733			$	1,928			6.27	%		$	31,884			$	2,134			6.69	%
Loans, net of unearned income3		2,001,425				122,735			6.13	%			1,868,502				109,770			5.87	%
Investment securities, taxable		668,875				17,885			2.67	%			720,986				19,270			2.67	%
Investment securities, tax-exempt4		93,441				1,963			2.10	%			99,350				2,158			2.17	%
Deposits in banks and short term investments		159,718				6,183			3.87	%			106,381				4,592			4.32	%
Total interest-earning assets		2,954,192				150,694			5.10	%			2,827,103				137,924			4.88	%
Noninterest-earning assets		230,538											221,607
Total assets	$	3,184,730										$	3,048,710
Liabilities and stockholders’ equity
Interest-bearing liabilities:
Interest-bearing demand and savings	$	1,529,413			$	24,354			1.59	%		$	1,464,315			$	27,293			1.86	%
Other time		644,075				22,356			3.47	%			603,080				22,714			3.77	%
Total interest-bearing deposits		2,173,488				46,710			2.15	%			2,067,395				50,007			2.42	%
Federal funds purchased		—				—			—	%			—				—			—	%
Federal Home Loan Bank advances		185,850				7,618			4.10	%			176,421				7,211			4.09	%
Other borrowings		63,522				3,722			5.86	%			63,190				3,947			6.25	%
Total other interest-bearing liabilities		249,372				11,340			4.55	%			239,611				11,158			4.66	%
Total interest-bearing liabilities		2,422,860				58,050			2.40	%			2,307,006				61,165			2.65	%
Noninterest-bearing liabilities:
Demand deposits		444,821										$	459,822
Other liabilities		19,485											16,607
Stockholders’ equity		297,564											265,275
Total noninterest-bearing liabilities and stockholders’ equity		761,870											741,704
Total liabilities and stockholders’ equity	$	3,184,730										$	3,048,710
Interest rate spread									2.70	%										2.23	%
Net interest income					$	92,644										$	76,759
Net interest margin									3.14	%										2.72	%

______________________________________

3 The average balance of loans includes the average balance of nonaccrual loans. Income on such loans is recognized and recorded on the cash basis. Taxable-equivalent adjustments totaling $330,000 and $229,000 for the twelve months ended December 31, 2025 and 2024, respectively, are calculated using the statutory federal tax rate and are included in income and fees on loans. Accretion income of $489,000 and $47,000 for the twelve months ended December 31, 2025 and 2024, respectively, are also included in income and fees on loans.

4 Taxable-equivalent adjustments totaling $412,000 and $453,000 for the twelve months ended December 31, 2025 and 2024, respectively, are calculated using the statutory federal tax rate and are included in tax-exempt interest on investment securities.

Colony Bankcorp, Inc.
Segment Reporting
		2025																2024
(dollars in thousands)		Fourth Quarter				Third Quarter				Second Quarter				First Quarter				Fourth Quarter
Banking Division
Net interest income		$	24,781			$	21,629			$	21,319			$	19,989			$	19,191
Provision for credit losses			776				(371	)			(330	)			1,221				309
Noninterest income			6,996				6,144				5,969				5,774				5,452
Noninterest expenses			22,502				21,075				18,269				16,790				17,616
Income taxes			1,493				1,413				1,908				1,551				927
Segment income		$	7,006			$	5,656			$	7,441			$	6,201			$	5,791
Total segment assets		$	3,625,785			$	3,046,699			$	3,010,416			$	3,065,385			$	2,985,856
Full time employees			447				383				390				366				376
Mortgage Banking Division
Net interest income		$	65			$	62			$	44			$	53			$	53
Provision for credit losses			—				—				—				—				—
Noninterest income			2,012				1,851				1,984				1,579				1,545
Noninterest expenses			1,695				2,066				1,710				1,601				1,699
Income taxes			81				(27	)			69				10				(12	)
Segment income		$	301			$	(126	)		$	249			$	21			$	(89	)
Total segment assets		$	13,648			$	12,959			$	14,296			$	16,041			$	17,970
Variable noninterest expense(1)		$	984			$	1,229			$	1,157			$	880			$	764
Fixed noninterest expense			711				837				553				721				935
Full time employees			48				46				43				42				45
Small Business Specialty Lending Division
Net interest income		$	1,019			$	1,008			$	1,022			$	910			$	1,228
Provision for credit losses			874				1,271				780				279				341
Noninterest income			2,039				2,096				2,145				1,691				3,312
Noninterest expenses			1,512				1,471				2,025				1,830				1,957
Income taxes			136				73				74				101				512
Segment income		$	536			$	289			$	288			$	391			$	1,730
Total segment assets		$	95,968			$	93,088			$	90,905			$	90,399			$	105,956
Full time employees			31				31				34				35				34
Total Consolidated
Net interest income		$	25,865			$	22,699			$	22,385			$	20,952			$	20,472
Provision for credit losses			1,650				900				450				1,500				650
Noninterest income			11,047				10,091				10,098				9,044				10,309
Noninterest expenses			25,709				24,612				22,004				20,221				21,272
Income taxes			1,710				1,459				2,051				1,662				1,427
Segment income		$	7,843			$	5,819			$	7,978			$	6,613			$	7,432
Total segment assets		$	3,735,401			$	3,152,746			$	3,115,617			$	3,171,825			$	3,109,782
Full time employees			526				460				467				443				455
(1) Variable noninterest expense includes commission based salary expenses and volume based loan related fees.

Colony Bankcorp, Inc.
Consolidated Balance Sheets
		December 31, 2025				December 31, 2024
(dollars in thousands)		(unaudited)				(audited)
ASSETS
Cash and due from banks		$	27,307			$	26,045
Interest-bearing deposits in banks and federal funds sold			230,333				204,989
Cash and cash equivalents			257,640				231,034
Investment securities available for sale, at fair value			383,817				366,049
Investment securities held to maturity, at amortized cost			386,618				430,077
Other investments			19,176				17,694
Loans held for sale			78,990				39,786
Loans, net of unearned income			2,381,224				1,842,980
Allowance for credit losses			(23,014	)			(18,980	)
Loans, net			2,358,210				1,824,000
Premises and equipment			37,045				37,831
Other real estate			1,048				202
Goodwill			63,873				48,923
Other intangible assets			7,851				2,975
Bank owned life insurance			68,457				57,970
Deferred income taxes, net			19,582				21,891
Other assets			53,094				31,350
Total assets		$	3,735,401			$	3,109,782
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Deposits:
Noninterest-bearing		$	526,803			$	462,283
Interest-bearing			2,540,718				2,105,660
Total deposits			3,067,521				2,567,943
Federal Home Loan Bank advances			194,972				185,000
Other borrowed money			63,132				63,039
Accrued expenses and other liabilities			33,856				15,125
Total liabilities			3,359,481				2,831,107
Stockholders’ equity
Common stock, $1 par value; 50,000,000 shares authorized, 21,251,695 and 17,519,884 issued and outstanding, respectively			21,252				17,520
Paid in capital			228,577				168,353
Retained earnings			160,584				140,369
Accumulated other comprehensive loss, net of tax			(34,493	)			(47,567	)
Total stockholders’ equity			375,920				278,675
Total liabilities and stockholders’ equity		$	3,735,401			$	3,109,782

Colony Bankcorp, Inc.
Consolidated Statements of Income (unaudited)
		Three months ended December 31,								Twelve months ended December 31,
			2025				2024				2025				2024
(dollars in thousands, except per share data)
Interest income:
Loans, including fees		$	34,461			$	28,473			$	124,333			$	111,675
Investment securities			4,543				5,158				19,436				20,974
Deposits in banks and short term investments			1,696				2,360				6,183				4,592
Total interest income			40,700				35,991				149,952				137,241
Interest expense:
Deposits			11,973				12,656				46,710				50,007
Federal Home Loan Bank advances			1,947				1,905				7,618				7,211
Other borrowings			915				958				3,723				3,947
Total interest expense			14,835				15,519				58,051				61,165
Net interest income			25,865				20,472				91,901				76,076
Provision for credit losses			1,650				650				4,500				3,050
Net interest income after provision for credit losses			24,215				19,822				87,401				73,026
Noninterest income:
Service charges on deposits			2,664				2,302				9,695				9,365
Mortgage fee income			2,121				1,545				7,535				6,048
Gain on sales of SBA loans			1,376				2,622				5,372				9,242
Loss on sales of securities			—				(401	)			(1,039	)			(1,835	)
Interchange fees			2,154				2,030				8,438				8,299
BOLI income			577				412				1,792				1,725
Insurance commissions			755				471				2,864				1,789
Other			1,400				1,328				5,623				4,742
Total noninterest income			11,047				10,309				40,280				39,375
Noninterest expense:
Salaries and employee benefits			14,115				12,877				52,417				49,767
Occupancy and equipment			1,758				1,645				6,753				6,149
Acquisition related			1,331				—				2,063				—
Information technology expenses			2,903				2,491				10,652				8,978
Professional fees			1,019				539				3,507				2,825
Advertising and public relations			1,402				1,118				4,279				4,009
Communications			194				213				805				865
Other			2,987				2,389				12,070				10,241
Total noninterest expense			25,709				21,272				92,546				82,834
Income before income taxes			9,553				8,859				35,135				29,567
Income taxes			1,710				1,427				6,882				5,699
Net income		$	7,843			$	7,432			$	28,253			$	23,868
Earnings per common share:
Basic		$	0.42			$	0.42			$	1.59			$	1.36
Diluted			0.42				0.42				1.59				1.36
Dividends declared per share			0.1150				0.1125				0.4600				0.4500
Weighted average common shares outstanding:
Basic			18,729,511				17,531,808				17,789,688				17,557,743
Diluted			18,729,511				17,531,808				17,789,688				17,557,743

Colony Bankcorp, Inc.
Quarterly Consolidated Statements of Income
		2025																2024
		Fourth Quarter				Third Quarter				Second Quarter				First Quarter				Fourth Quarter
(dollars in thousands, except per share data)		(unaudited)				(unaudited)				(unaudited)				(unaudited)				(unaudited)
Interest income:
Loans, including fees		$	34,461			$	31,535			$	30,361			$	27,976			$	28,473
Investment securities			4,543				4,518				5,148				5,227				5,158
Deposits in banks and short term investments			1,696				839				1,326				2,322				2,360
Total interest income			40,700				36,892				36,835				35,525				35,991
Interest expense:
Deposits			11,973				11,332				11,632				11,773				12,656
Federal Home Loan Bank advances			1,947				1,909				1,889				1,873				1,905
Other borrowings			915				952				929				927				958
Total interest expense			14,835				14,193				14,450				14,573				15,519
Net interest income			25,865				22,699				22,385				20,952				20,472
Provision for credit losses			1,650				900				450				1,500				650
Net interest income after provision for credit losses			24,215				21,799				21,935				19,452				19,822
Noninterest income:
Service charges on deposits			2,664				2,640				2,219				2,172				2,302
Mortgage fee income			2,121				1,851				1,984				1,579				1,545
Gain on sales of SBA loans			1,376				1,411				1,550				1,035				2,622
Loss on sales of securities			—				(1,039	)			—				—				(401	)
Interchange fees			2,154				2,273				2,073				1,938				2,030
BOLI income			577				396				423				396				412
Insurance commissions			755				874				766				469				471
Other			1,400				1,685				1,083				1,455				1,328
Total noninterest income			11,047				10,091				10,098				9,044				10,309
Noninterest expense:
Salaries and employee benefits			14,115				13,532				12,865				11,905				12,877
Occupancy and equipment			1,758				1,732				1,683				1,580				1,645
Acquisition related			1,331				732				—				—				—
Information technology expenses			2,903				2,680				2,592				2,477				2,491
Professional fees			1,019				998				742				748				539
Advertising and public relations			1,402				1,130				942				805				1,118
Communications			194				218				188				205				213
Other			2,987				3,590				2,992				2,501				2,389
Total noninterest expense			25,709				24,612				22,004				20,221				21,272
Income before income taxes			9,553				7,278				10,029				8,275				8,859
Income taxes			1,710				1,459				2,051				1,662				1,427
Net income		$	7,843			$	5,819			$	7,978			$	6,613			$	7,432
Earnings per common share:
Basic		$	0.42			$	0.33			$	0.46			$	0.38			$	0.42
Diluted			0.42				0.33				0.46				0.38				0.42
Dividends declared per share			0.1150				0.1150				0.1150				0.1150				0.1125
Weighted average common shares outstanding:
Basic			18,729,511				17,461,434				17,448,945				17,509,059				17,531,808
Diluted			18,729,511				17,461,434				17,448,945				17,509,059				17,531,808

Colony Bankcorp, Inc.
Quarterly Deposits Composition Comparison
		2025																2024
(dollars in thousands)		Fourth Quarter				Third Quarter				Second Quarter				First Quarter				Fourth Quarter
Noninterest-bearing demand		$	526,803			$	442,142			$	434,785			$	449,818			$	462,283
Interest-bearing demand			932,262				811,031				838,540				873,156				813,783
Savings and money markets			787,811				644,312				667,135				689,446				687,603
Time over $250,000			239,175				192,545				193,427				189,466				185,176
Other time			581,470				494,299				422,343				420,645				419,098
Total		$	3,067,521			$	2,584,329			$	2,556,230			$	2,622,531			$	2,567,943

Colony Bankcorp, Inc.
Quarterly Deposits by Location Comparison
		2025																2024
(dollars in thousands)		Fourth Quarter				Third Quarter				Second Quarter				First Quarter				Fourth Quarter
Augusta		$	18,387			$	—			$	—			$	—			$	—
Florida			157,056				—				—				—				—
Coastal Georgia			141,013				127,587				138,838				142,230				145,828
Middle Georgia			262,075				259,934				277,880				283,149				279,360
Atlanta and North Georgia			335,762				315,822				344,329				333,845				318,927
South Georgia			1,431,775				1,205,891				1,203,732				1,249,192				1,217,433
West Georgia			326,054				341,056				325,946				335,438				337,818
Brokered deposits			131,906				130,000				59,494				59,499				59,499
Reciprocal deposits			263,493				204,039				206,011				219,178				209,078
Total		$	3,067,521			$	2,584,329			$	2,556,230			$	2,622,531			$	2,567,943

Colony Bankcorp, Inc.
Quarterly Loan Comparison
		2025																2024
(dollars in thousands)		Fourth Quarter				Third Quarter				Second Quarter				First Quarter				Fourth Quarter
Core		$	1,885,200			$	1,935,648			$	1,887,456			$	1,808,879			$	1,720,444
Purchased			496,024				101,408				106,124				112,384				122,536
Loans, net of unearned income		$	2,381,224			$	2,037,056			$	1,993,580			$	1,921,263			$	1,842,980

Colony Bankcorp, Inc.
Quarterly Loans by Composition Comparison
		2025																2024
(dollars in thousands)		Fourth Quarter				Third Quarter				Second Quarter				First Quarter				Fourth Quarter
Construction, land & land development		$	302,512			$	240,819			$	238,078			$	208,872			$	205,046
Other commercial real estate			1,249,720				1,064,984				1,059,149				1,052,967				990,648
Total commercial real estate			1,552,232				1,305,803				1,297,227				1,261,839				1,195,694
Residential real estate			459,549				377,058				356,515				345,521				344,167
Commercial, financial & agricultural			218,532				213,274				212,872				213,355				213,910
Consumer and other			150,911				140,921				126,966				100,548				89,209
Loans, net of unearned income		$	2,381,224			$	2,037,056			$	1,993,580			$	1,921,263			$	1,842,980

Colony Bankcorp, Inc.
Quarterly Loans by Location Comparison
		2025																2024
(dollars in thousands)		Fourth Quarter				Third Quarter				Second Quarter				First Quarter				Fourth Quarter
Alabama		$	47,971			$	48,351			$	50,856			$	52,183			$	45,365
Florida			236,810				26,061				24,562				19,490				13,135
Augusta			85,072				92,988				95,246				91,758				76,492
Coastal Georgia			358,271				263,763				253,177				230,242				224,609
Middle Georgia			121,276				120,601				125,435				130,302				121,059
Atlanta and North Georgia			456,593				463,007				445,921				441,323				427,046
South Georgia			462,085				403,192				408,954				398,295				384,907
West Georgia			174,626				172,688				168,968				168,851				169,699
Small Business Specialty Lending			84,928				84,999				81,242				79,517				81,636
Consumer Portfolio Mortgages			263,385				270,941				262,846				251,816				250,555
Marine/RV Lending			88,852				88,968				75,649				55,033				46,941
Other			1,355				1,497				724				2,453				1,536
Loans, net of unearned income		$	2,381,224			$	2,037,056			$	1,993,580			$	1,921,263			$	1,842,980

Colony Bankcorp, Inc.
Classified Loans
		2025																				2024
(dollars in thousands)		Fourth Quarter					Third Quarter					Second Quarter					First Quarter					Fourth Quarter
		$			#		$			#		$			#		$			#		$			#
Construction, land & land development		$	1,438		10		$	1,644		8		$	126		4		$	126		4		$	—		—
Other commercial real estate			22,871		52			12,973		45			16,687		48			18,578		51			13,367		38
Residential real estate			6,115		92			1,503		75			1,222		73			1,670		76			1,265		83
Commercial, financial & agricultural			9,857		109			7,947		90			7,071		64			6,077		58			5,407		70
Consumer and other			200		34			116		27			6		25			2		25			64		22
TOTAL		$	40,481		297		$	24,183		245		$	25,112		214		$	26,453		214		$	20,103		213
Classified loans to total loans			1.70	%				1.19	%				1.26	%				1.38	%				1.09	%
Colony Bankcorp, Inc.
Criticized Loans
		2025																				2024
(dollars in thousands)		Fourth Quarter					Third Quarter					Second Quarter					First Quarter					Fourth Quarter
		$			#		$			#		$			#		$			#		$			#
Construction, land & land development		$	17,605		13		$	14,393		12		$	2,207		10		$	4,028		11		$	2,865		9
Other commercial real estate			40,073		71			24,934		60			30,034		69			28,869		70			32,077		65
Residential real estate			11,515		99			6,528		81			7,224		79			8,289		83			5,504		89
Commercial, financial & agricultural			15,197		120			14,403		99			15,212		85			14,501		82			8,877		76
Consumer and other			331		35			247		28			137		26			136		26			64		22
TOTAL		$	84,721		338		$	60,505		280		$	54,814		269		$	55,823		272		$	49,387		261
Criticized loans to total loans			3.56	%				2.97	%				2.75	%				2.91	%				2.68	%

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260128452978/en/

For additional information, contact:

Derek Shelnutt

EVP & Chief Financial Officer

229-426-6000, extension 6119

KEYWORDS: Georgia United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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