Colony Bankcorp Inc. (CBAN), is a bank holding company established in 1982 and headquartered in Fitzgerald, Georgia. The corporation is the parent company of Colony Bank, a state-chartered bank that offers a range of consumer and business banking products. As of 2021, the institution has extended its footprint to over 27 locations throughout Georgia, demonstrating steady growth and expansion.
Founded on the principle of providing first-rate customer service and banking solutions to local communities, Colony Bankcorp Inc operates through a variety of banking segments namely, Retail Banking, Commercial Banking and Mortgage Banking apart from its traditional banking service. The Bank principally operates in counties across South, Central, Southwest and Northeast Georgia, Dock Junction and the Savannah, Georgia.
The Retail Banking segment offers services including demand, savings, and time deposits; home equity lines of credit; and consumer, direct, and indirect loans to consumers and small businesses. The Commercial Banking segment provides commercial loans for a variety of business purposes such as working capital, equipment purchases, business expansion, and purchase of real estate.
The Mortgage Banking segment offers secondary market residential mortgage loans and in terms of investments, the company’s portfolio includes U.S government agency securities, state and political subdivisions securities, and mortgage-backed securities.
Colony Bankcorp Inc. prides itself on being deeply rooted in the communities it serves and is committed to the philosophy of delivering superior service and fostering local economic growth. The company’s financial performance has demonstrated a consistent upward trend, indicating their successful implementation of growth strategies. This stability and strength have allowed them to remain a safe choice for their clients' financial needs.
Colony Bankcorp Inc. is traded on the NASDAQ Global Market under the symbol "CBAN". With its objective oriented outlook, community focused approach and commitment to offering a variety of financial products, Colony Bankcorp Inc. is positioned uniquely within the regional banking industry. The business ethics and practices employed by the bank are directed to balance the needs of the clients, community, employees and shareholders, thus propelling the entity forward.