Colony Bankcorp, Inc. (CBAN) SEC Filings & Earnings Calls

Wire fraud incident

“In March 2025, the Company was the target of a wire fraud incident. ... it was determined that $1.25 million would not be recoverable and therefore was recognized as an expense in the Company’s financial statements during the third quarter of 2025.” · word for word

Credit loss provision increase

“Provision for Credit Losses $1,900 thousand for Q2 2026 vs $450 thousand for Q2 2025.”

Deposit decline and competitive funding environment

“Total deposits decreased $76.2M QoQ; CEO notes 'highly competitive funding environment'.”

Provision for credit losses increased significantly YoY

“Provision for credit losses $1.90M vs $450K in Q2 2025, a 322% increase.”

Integration risk from merging two banks; regulatory approvals required

“Subject to regulatory approvals, shareholder approvals, and customary closing conditions”

Potential dilution from stock issuance (80% stock consideration)

“80% of FSRL stock to be converted to CBAN common stock at 0.94x exchange ratio”

Wire fraud incident expense

“In March 2025, the Company was the target of a wire fraud incident... $1.25 million would not be recoverable and therefore was recognized as an expense in the Company’s financial statements during the third quarter of 2025.” · word for word

Collateral-dependent loan increase

“The Company had $9.2 million and $7.2 million in collateral-dependent loans at March 31, 2026 and December 31, 2025, respectively.”

Provision for credit losses increased 17% YoY, indicating potential credit quality deterioration.

“Provision for credit losses of $1.75 million was recorded in the first quarter of 2026 compared to $1.50 million in the first quarter of 2025.” · word for word

Concentrated insider ownership

“All directors and executive officers as a group (17 persons) 830,645 shares, 3.92%.” · word for word

Credit quality deterioration

“Nonperforming assets at December 31, 2025 increased 117.9% from December 31, 2024” · word for word

Concentration risk in CRE

“CRE concentration, net of owner occupied loans, as a percentage of capital totaled 282.5%” · word for word

Provision for credit losses increased to $1.65M from $900K in prior quarter, indicating potential credit quality deterioration.

“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.” · word for word

Limited remaining buyback capacity may constrain future capital return.

“only $7.387M remaining”

Integration risk and dilution from share issuance.

“Issuance of ~3.84M shares and cash payment of ~$15.4M.”

Merger integration risks; potential for higher than expected costs or failure to achieve synergies.

“Forward-looking statements in filing mention risks related to integration of combined businesses.”

Potential dilution from future ATM sales; no obligation to sell reduces immediate risk.

“Company has no obligation to sell any Common Stock under the Agreement” · word for word

Wire fraud operational risk

“In March 2025, the Company was the target of a wire fraud incident. ... $1.25 million would not be recoverable and therefore was recognized as an expense” · word for word

Credit quality deterioration

“Total current period gross write offs $3,780 (thousands) for nine months ended September 30, 2025 vs $3,518 (thousands) for 2024.”

SBA loan sale revenue decline

“Gain on Sale of SBA Loans $1,411 (thousands) for three months ended September 30, 2025 vs $2,227 (thousands) for 2024.”