CBAN — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-05

• ●the risks related to the Proposed Merger, without limitation: (a) the risk that the cost savings and any revenue synergies from the Proposed Merger is less than or different from expectations, (b) disruption from the Proposed Merger with customer, supplier, or employee relationships, (c) the occurr…

• ●risks relating to bank acquisitions, including the recent acquisition of TC Bancshares, including, without limitation; the diversion of management’s time on issues related to the integration; unexpected transaction costs, including the costs of integrating operations; the risks that the businesses …

• ●risks and costs related to the development and use of artificial intelligence in our industry and generally;

• Proposed Acquisition of First Reliance Bancshares, Inc. and First Reliance Bank

• The Company and First Reliance Bancshares, Inc. (OTCQX: FSRL) (“First Reliance”), the holding company for First Reliance Bank, on June 24, 2026, jointly announced the signing of an Agreement and Plan of Merger under which the Company has agreed to acquire 100% of the common stock and preferred stock…

Text removed vs the prior filing · source: 10-Q · 2026-05-08

• ●risks relating to bank acquisitions, including the recent acquisition of TC Bancshares, Inc. (“TC Bancshares”), including, without limitation; the diversion of management’s time on issues related to the integration; unexpected transaction costs, including the costs of integrating operations; the ri…

• The following discussion and analysis presents the more significant factors affecting the Company’s financial condition as of March 31, 2026 and December 31, 2025, and results of operations for the three month periods ended March 31, 2026 and 2025. This discussion and analysis should be read in conj…

• At March 31, 2026, the Company had total consolidated assets of $3.7 billion, total loans, net of $2.4 billion, total deposits of $3.0 billion, and stockholders’ equity of $380.4 million. The Company reported net income of $8.2 million, or $0.39 per diluted share, for the three months ended March 31…

• Net interest income on a tax equivalent basis was $29.3 million for the first quarter of 2026 compared to $21.1 million for the first quarter of 2025, an increase of $8.2 million. This increase is the result of an increase in income on interest earning assets slightly offset with an increase in expe…

• Provision for credit losses for the three months ended March 31, 2026 was $1.75 million, which represents $1.5 million in provision for credit losses on loans and $250,000 in provision for credit losses on unfunded commitments. This is compared to $1.5 million for the three months ended March 31, 20…

Text added vs the prior filing · source: 10-Q · 2026-08-05

• (c)The Company had no repurchases of its common stock during the second quarter of 2026.

• Pursuant to Item 408(a) of Regulation S-K, none of the Company’s directors or executive officers adopted, terminated or modified a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during the three months ended June 30, 2026.

• Agreement and Plan of Merger, dated June 24, 2026, by and between Colony Bankcorp, Inc. and First Reliance Bancshares, Inc. - filed as Exhibit 2.1 to the Company’s Current Report on Form 8-K, filed with the Commission on June 24, 2026 and incorporated herein by reference.

Text removed vs the prior filing · source: 10-Q · 2026-05-08

• (c)The table below sets forth information regarding repurchases of our common stock during the first quarter of 2026.

• On December 18, 2025, the Board of Directors of the Company authorized the extension of the stock buyback program approved in October 2022, under which the Company may repurchase up to $12 million of its outstanding common stock. Repurchases under this program may be made from time to time through o…

• Pursuant to Item 408(a) of Regulation S-K, none of the Company’s directors or executive officers adopted, terminated or modified a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during the three months ended March 31, 2026.

• Employment Agreement between Colony Bankcorp, Inc. and Derek Shelnutt, filed as Exhibit 10.1 to the Company’s Current Report on Form 8‑K, filed with the Commission on January 28, 2026 and incorporated herein by reference.

Text added vs the prior filing · source: 10-Q · 2026-08-05

• (c)The Company had no repurchases of its common stock during the second quarter of 2026.

• Pursuant to Item 408(a) of Regulation S-K, none of the Company’s directors or executive officers adopted, terminated or modified a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during the three months ended June 30, 2026.

• Agreement and Plan of Merger, dated June 24, 2026, by and between Colony Bankcorp, Inc. and First Reliance Bancshares, Inc. - filed as Exhibit 2.1 to the Company’s Current Report on Form 8-K, filed with the Commission on June 24, 2026 and incorporated herein by reference.

Text removed vs the prior filing · source: 10-Q · 2026-05-08

• (c)The table below sets forth information regarding repurchases of our common stock during the first quarter of 2026.

• On December 18, 2025, the Board of Directors of the Company authorized the extension of the stock buyback program approved in October 2022, under which the Company may repurchase up to $12 million of its outstanding common stock. Repurchases under this program may be made from time to time through o…

• Pursuant to Item 408(a) of Regulation S-K, none of the Company’s directors or executive officers adopted, terminated or modified a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during the three months ended March 31, 2026.

• Employment Agreement between Colony Bankcorp, Inc. and Derek Shelnutt, filed as Exhibit 10.1 to the Company’s Current Report on Form 8‑K, filed with the Commission on January 28, 2026 and incorporated herein by reference.

Text added vs the prior filing · source: 10-Q · 2026-08-05

• (c)The Company had no repurchases of its common stock during the second quarter of 2026.

• Pursuant to Item 408(a) of Regulation S-K, none of the Company’s directors or executive officers adopted, terminated or modified a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during the three months ended June 30, 2026.

• Agreement and Plan of Merger, dated June 24, 2026, by and between Colony Bankcorp, Inc. and First Reliance Bancshares, Inc. - filed as Exhibit 2.1 to the Company’s Current Report on Form 8-K, filed with the Commission on June 24, 2026 and incorporated herein by reference.

Text removed vs the prior filing · source: 10-Q · 2026-05-08

• (c)The table below sets forth information regarding repurchases of our common stock during the first quarter of 2026.

• On December 18, 2025, the Board of Directors of the Company authorized the extension of the stock buyback program approved in October 2022, under which the Company may repurchase up to $12 million of its outstanding common stock. Repurchases under this program may be made from time to time through o…

• Pursuant to Item 408(a) of Regulation S-K, none of the Company’s directors or executive officers adopted, terminated or modified a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during the three months ended March 31, 2026.

• Employment Agreement between Colony Bankcorp, Inc. and Derek Shelnutt, filed as Exhibit 10.1 to the Company’s Current Report on Form 8‑K, filed with the Commission on January 28, 2026 and incorporated herein by reference.

Text added vs the prior filing · source: 10-Q · 2026-08-05

• Agreement and Plan of Merger, dated July 23, 2025, by and between Colony Bankcorp, Inc. and TC Bancshares, Inc. - filed as Exhibit 2.1 to the Company's Current Report on Form 8-K, filed with the Commission on July 23, 2025 and incorporated herein by reference.

Text removed vs the prior filing · source: 10-Q · 2026-05-08

• Employment Agreement between Colony Bankcorp, Inc. and Derek Shelnutt, filed as Exhibit 10.1 to the Company’s Current Report on Form 8‑K, filed with the Commission on January 28, 2026 and incorporated herein by reference.