Colony Bankcorp Inc (NASDAQ: CBAN) is a bank holding company that provides commercial banking and related financial services through its subsidiary Colony Bank. The company earns revenue primarily through net interest income on loans and deposits, supplemented by noninterest income from mortgage fees, service charges on deposit accounts, interchange fees, SBA loan sales, insurance commissions, and wealth advisory services. Colony Bankcorp operates across north, central, south, and coastal Georgia, Birmingham Alabama, and markets in Florida including Santa Rosa Beach, Jacksonville, and Tallahassee, with a stated top-three market share position in its rural Georgia markets. On December 1, 2025, the company completed its acquisition of TC Bancshares Inc, adding four full-service banking locations in Thomasville and Savannah Georgia and in Tallahassee and Jacksonville Florida. As of the 10-K filed March 13, 2026, T. Heath Fountain serves as Chief Executive Officer and Derek Shelnutt serves as Executive Vice President and Chief Financial Officer.

Revenue model

Net interest income from loans and deposits is the primary revenue source, with noninterest income derived from mortgage fee income, service charges on deposit accounts, interchange fees, gains on SBA loan sales, insurance commissions through the company's insurance division, BOLI income, and wealth advisory and merchant services fees. Noninterest income increased $905,000 or 2.30% in FY2025 versus FY2024 per the 10-K filed March 13, 2026.

Products and services

Products and services include commercial banking, residential mortgage origination and servicing, SBA lending, deposit accounts, card programs generating interchange fees, insurance products and commissions (including through the Ellerbee Insurance Agency acquired in Q2 2025), wealth advisory services, and merchant services. The bank also uses interest rate swap derivatives to manage interest rate risk.

Customers and end markets

The filing excerpts do not provide specific customer segment breakdowns or concentration data. End markets include retail deposit customers, residential mortgage borrowers, small and medium-sized businesses served through SBA lending, and insurance and wealth advisory clients.

Value-chain role

Colony Bankcorp operates as a community bank holding company, acting as a direct lender and deposit-gatherer. It relies on third-party service providers for core systems processing, web hosting, deposit processing, and other processing services.

Geographic exposure

North, central, south, and coastal Georgia; Birmingham, Alabama; Santa Rosa Beach, Jacksonville, and Tallahassee, Florida. The TC Bancshares acquisition completed December 1, 2025 added four branch locations across Thomasville, Savannah, Tallahassee, and Jacksonville.

Source: SEC 10-K, filed 2026-03-13

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