NYSE : CBAN
Colony Bankcorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 20.42 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 433.32M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 152.04M | 124.33M | 111.67M | 99.26M | 70.76M | 60.11M |
| Interest Income on Investments | 25.79M | 25.62M | 25.57M | 25.66M | 20.77M | 10.47M |
| Total Interest Income | 177.83M | 149.95M | 137.24M | 124.92M | 91.54M | 70.59M |
| Interest Paid on Deposits | 51.44M | 46.71M | 50.01M | 35.46M | 5.88M | 2.60M |
| Interest Paid on Borrowings | 11.08M | 11.34M | 11.16M | 11.21M | 4.99M | 1.80M |
| Total Interest Expense | 62.52M | 58.05M | 61.16M | 46.67M | 10.87M | 4.40M |
| Net Interest Income | 115.31M | 91.90M | 76.08M | 78.24M | 80.67M | 66.19M |
| Mortgage Banking Activities | 8.24M | 7.54M | 6.05M | 6.13M | 8.55M | 13.21M |
| Gain (Loss) on Sale of Investments | -1.07M | -1.04M | -1.83M | -82.00K | -87.00K | |
| Other Non-Interest Income | 23.67M | 18.72M | 16.55M | 15.71M | 12.47M | 9.40M |
| Total Non-Interest Income | 45.35M | 40.28M | 39.38M | 35.63M | 35.02M | 36.29M |
| Revenues Before Loan Losses | 160.66M | 132.18M | 115.45M | 113.88M | 115.70M | 102.48M |
| Provision for Loan Losses | 6.95M | 4.50M | 3.05M | 3.60M | 3.37M | 700.00K |
| Revenue | 153.71M | 127.68M | 112.40M | 110.28M | 112.33M | 101.78M |
| Salaries and Employee Benefits | 60.67M | 51.63M | 48.47M | 47.53M | 51.07M | 45.00M |
| Occupancy Expenses | 7.16M | 5.99M | 5.62M | 5.66M | 5.92M | 5.80M |
| Selling, General & Administrative | 22.26M | 20.79M | 18.50M | 18.41M | 21.00M | 15.45M |
| Other Non-Interest Expense | 12.25M | 12.07M | 10.24M | 11.47M | 11.49M | 7.67M |
| Total Non-Interest Expense | 102.34M | 90.48M | 82.83M | 83.06M | 89.47M | 73.92M |
| EBT Excluding Unusual Items | 51.37M | 37.20M | 29.57M | 27.21M | 22.85M | 27.86M |
| Asset Writedown | -90.00K | |||||
| Pretax Income | 47.06M | 35.13M | 29.57M | 27.21M | 22.85M | 23.15M |
| Income Tax Expense | 9.64M | 6.88M | 5.70M | 5.47M | 3.31M | 4.50M |
| Net Income | 37.42M | 28.25M | 23.87M | 21.75M | 19.54M | 18.66M |
| Net Income to Common | 37.42M | 28.25M | 23.87M | 21.75M | 19.54M | 18.66M |
| Basic Shares Outstanding | 20.59M | 17.79M | 17.56M | 17.58M | 17.19M | 11.25M |
| Diluted Shares Outstanding | 20.59M | 17.79M | 17.56M | 17.58M | 17.19M | 11.25M |
| EPS (Basic) | 1.82 | 1.59 | 1.36 | 1.24 | 1.14 | 1.66 |
| EPS (Diluted) | 1.82 | 1.59 | 1.36 | 1.24 | 1.14 | 1.66 |
| Dividend Per Share | 0.47 | 0.46 | 0.45 | 0.44 | 0.43 | 0.41 |
| Effective Tax Rate | 20.48% | 19.59% | 19.28% | 20.09% | 14.49% | 19.41% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 189.31M | 257.64M | 231.03M | 83.32M | 80.68M | 197.23M |
| Investment Securities | 722.09M | 410.46M | 429.21M | 448.83M | 448.49M | 417.90M |
| Trading Asset Securities | 784.00K | |||||
| Mortgage-Backed Securities | 379.15M | 384.61M | 424.45M | 463.71M | 534.27M | |
| Total Investments | 722.09M | 789.61M | 814.60M | 873.28M | 912.20M | 952.18M |
| Gross Loans | 2.48B | 2.38B | 1.84B | 1.88B | 1.74B | 1.34B |
| Allowance for Loan Losses | -22.50M | -23.01M | -18.98M | -18.37M | -16.13M | -12.91M |
| Net Loans | 2.45B | 2.36B | 1.82B | 1.87B | 1.72B | 1.33B |
| Property, Plant & Equipment | 38.57M | 47.30M | 39.06M | 41.45M | 43.44M | 43.68M |
| Goodwill | 63.62M | 63.87M | 48.92M | 48.92M | 48.92M | 52.91M |
| Other Intangible Assets | 6.59M | 7.85M | 2.98M | 4.19M | 5.66M | 7.39M |
| Loans Held for Sale | 28.14M | 78.99M | 39.79M | 27.96M | 17.74M | 38.15M |
| Accrued Interest Receivable | 15.40M | 13.10M | 13.10M | 10.60M | ||
| Long-Term Deferred Tax Assets | 19.82M | 19.58M | 21.89M | 25.41M | 28.20M | 3.64M |
| Other Real Estate Owned & Foreclosed | 3.65M | 1.24M | 530.00K | 448.00K | 651.00K | 330.00K |
| Other Long-Term Assets | 121.54M | 95.70M | 73.88M | 70.25M | 67.49M | 71.14M |
| Total Assets | 3.65B | 3.74B | 3.11B | 3.05B | 2.94B | 2.69B |
| Interest Bearing Deposits | 2.22B | 2.30B | 1.92B | 1.88B | 1.81B | 1.75B |
| Institutional Deposits | 279.93M | 239.18M | 185.18M | 167.68M | 114.78M | 73.41M |
| Non-Interest Bearing Deposits | 457.23M | 526.80M | 462.28M | 498.99M | 569.17M | 552.58M |
| Total Deposits | 2.96B | 3.07B | 2.57B | 2.54B | 2.49B | 2.37B |
| Short-Term Borrowings | 636.00K | 47.00K | ||||
| Current Portion of Long-Term Debt | 85.00M | 50.00M | 70.00M | 105.00M | 5.31M | |
| Current Portion of Leases | 1.39M | |||||
| Long-Term Debt | 63.20M | 38.90M | 38.81M | 39.22M | 54.12M | 7.25M |
| Federal Home Loan Bank Debt, Long-Term | 200.00M | 109.97M | 135.00M | 105.00M | 20.00M | 51.66M |
| Long-Term Leases | 8.94M | 1.32M | 1.83M | 1.90M | 663.00K | |
| Trust Preferred Securities | 24.23M | 24.23M | 24.23M | 24.23M | 24.23M | |
| Other Long-Term Liabilities | 1.00K | 22.89M | 13.76M | 13.42M | 10.06M | 10.29M |
| Total Liabilities | 3.26B | 3.36B | 2.83B | 2.80B | 2.71B | 2.47B |
| Common Stock | 21.22M | 21.25M | 17.52M | 17.56M | 17.60M | 13.67M |
| Additional Paid-In Capital | 227.20M | 228.58M | 168.35M | 168.61M | 167.54M | 111.02M |
| Retained Earnings | 182.53M | 160.58M | 140.37M | 124.40M | 111.57M | 99.19M |
| Comprehensive Income & Other | -39.13M | -34.49M | -47.57M | -55.64M | -66.44M | -6.18M |
| Total Common Equity | 391.82M | 375.92M | 278.68M | 254.94M | 230.27M | 217.71M |
| Shareholders' Equity | 391.82M | 375.92M | 278.68M | 254.94M | 230.27M | 217.71M |
| Total Liabilities & Equity | 3.65B | 3.74B | 3.11B | 3.05B | 2.94B | 2.69B |
| Total Debt | 263.20M | 269.07M | 249.41M | 240.27M | 205.25M | 89.11M |
| Net Cash (Debt) | -73.89M | -11.43M | -17.59M | -156.95M | -124.57M | 108.12M |
| Net Cash Per Share | -3.59 | -0.64 | -1.00 | -8.93 | -7.25 | 9.61 |
| Filing Date Shares Outstanding | 21.22M | 21.17M | 17.52M | 17.56M | 17.59M | 17.59M |
| Total Common Shares Outstanding | 21.22M | 21.25M | 17.52M | 17.56M | 17.60M | 13.67M |
| Book Value Per Share | 18.46 | 17.69 | 15.91 | 14.51 | 13.08 | 15.92 |
| Tangible Book Value | 321.61M | 304.20M | 226.78M | 201.82M | 175.68M | 157.41M |
| Tangible Book Value Per Share | 15.16 | 14.31 | 12.94 | 11.49 | 9.98 | 11.51 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 28.25M | 23.87M | 21.75M | 19.54M | 18.66M | |
| Depreciation & Amortization | 7.72M | 8.13M | 8.70M | 11.63M | 8.63M | |
| Gain (Loss) on Sale of Assets | 134.00K | -164.00K | -384.00K | -62.00K | 1.00K | |
| Gain (Loss) on Sale of Investments | 1.04M | 1.83M | 82.00K | 87.00K | ||
| Total Asset Writedown | 197.00K | 90.00K | ||||
| Provision for Credit Losses | 4.50M | 3.05M | 3.60M | 3.37M | 700.00K | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -33.83M | -2.59M | -5.15M | 26.62M | 21.78M | |
| Change in Other Net Operating Assets | -10.35M | -2.01M | -3.10M | -7.95M | -3.16M | |
| Other Operating Activities | -192.00K | -1.46M | -901.00K | 611.00K | -3.78M | |
| Operating Cash Flow | -5.54M | 23.40M | 20.98M | 49.74M | 36.10M | |
| Capital Expenditures | -1.35M | -1.08M | -3.62M | -2.90M | -5.84M | |
| Sale of Property, Plant and Equipment | 77.00K | 433.00K | 519.00K | 17.00K | ||
| Cash Acquisitions | 33.30M | |||||
| Investment in Securities | 133.70M | 63.80M | 53.16M | -43.54M | -270.22M | |
| Income (Loss) Equity Investments | -299.00K | -270.00K | -169.00K | 364.00K | 44.00K | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -132.29M | 36.97M | -148.60M | -399.87M | 28.45M | |
| Other Investing Activities | 3.35M | 1.39M | -127.00K | -2.44M | 5.96M | |
| Investing Cash Flow | 3.41M | 101.16M | -98.75M | -448.23M | -208.33M | |
| Short-Term Debt Issued | 75.00M | 20.00M | ||||
| Long-Term Debt Issued | 200.00M | 270.00M | 1.24B | 631.50M | ||
| Total Debt Issued | 275.00M | 290.00M | 1.24B | 631.50M | ||
| Short-Term Debt Repaid | -75.00M | -20.00M | ||||
| Long-Term Debt Repaid | -200.00M | -260.50M | -1.20B | -517.50M | -107.79M | |
| Total Debt Repaid | -275.00M | -280.50M | -1.20B | -517.50M | -107.79M | |
| Net Debt Issued (Repaid) | 9.50M | 35.00M | 114.00M | -107.79M | ||
| Issuance of Common Stock | 59.47M | |||||
| Repurchase of Common Stock | -2.68M | -1.60M | -658.00K | -771.00K | ||
| Common Dividends Paid | -8.04M | -7.90M | -7.72M | -7.16M | -4.46M | |
| Total Dividends Paid | -8.04M | -7.90M | -7.72M | -7.16M | -4.46M | |
| Net Increase (Decrease) in Deposit Accounts | 39.46M | 23.15M | 53.79M | 116.39M | 298.21M | |
| Financing Cash Flow | 28.74M | 23.15M | 80.41M | 281.93M | 185.95M | |
| Net Cash Flow | 26.61M | 147.71M | 2.64M | -116.55M | 13.73M | |
| Free Cash Flow | -6.90M | 22.32M | 17.36M | 46.85M | 30.27M | |
| Free Cash Flow Margin | -5.40% | 19.86% | 15.75% | 41.70% | 29.74% | |
| Free Cash Flow Per Share | -0.39 | 1.27 | 0.99 | 2.73 | 2.69 | |
| Cash Interest Paid | 57.29M | 61.75M | 44.85M | 10.22M | 4.39M | |
| Cash Income Tax Paid | 4.44M | 4.72M | 5.21M | 3.84M | 3.86M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 431.62M | 310.69M | 282.89M | 233.65M | 223.87M | 233.42M |
| Last Close Price | 20.34 | 17.51 | 15.42 | 12.26 | 11.23 | 14.68 |
| PE Ratio | 11.19 | 11.00 | 11.85 | 10.74 | 11.46 | 12.51 |
| PS Ratio | 2.81 | 2.43 | 2.52 | 2.12 | 1.99 | 2.29 |
| PB Ratio | 1.10 | 0.83 | 1.01 | 0.92 | 0.97 | 1.07 |
| P/FCF Ratio | 19.86 | 12.67 | 13.46 | 4.78 | 7.71 | |
| P/OCF Ratio | 17.96 | 12.09 | 11.13 | 4.50 | 6.46 | |
| Debt / Equity Ratio | 0.67 | 0.72 | 0.90 | 0.94 | 0.89 | 0.41 |
| Debt / FCF Ratio | 11.17 | 13.84 | 4.38 | 2.94 | ||
| Net Debt / Equity Ratio | 0.19 | 0.03 | 0.06 | 0.62 | 0.54 | -0.50 |
| Net Debt / FCF Ratio | -1.66 | 0.79 | 9.04 | 2.66 | -3.57 | |
| Return on Equity (ROE) | 10.78% | 8.63% | 8.95% | 8.96% | 8.72% | 10.30% |
| Return on Assets (ROA) | 1.10% | 0.83% | 0.77% | 0.73% | 0.69% | 0.84% |
| Earnings Yield | 8.94% | 9.09% | 8.44% | 9.31% | 8.73% | 7.99% |
| FCF Yield | 5.04% | -2.22% | 7.89% | 7.43% | 20.93% | 12.97% |
| Dividend Yield | 2.36% | 3.15% | 2.79% | 3.31% | 3.38% | 2.40% |
| Payout Ratio | 26.40% | 28.45% | 33.09% | 35.51% | 36.63% | 23.92% |
| Buyback Yield / Dilution | -17.72% | -1.32% | 0.12% | -2.25% | -52.75% | -18.48% |
| Total Shareholder Return | -15.36% | 1.83% | 2.90% | 1.06% | -49.37% | -16.08% |