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Colony Bankcorp, Inc. Announces Completion of Merger With TC Bancshares, Inc.

CBAN
  • Colony Bankcorp, Inc. completed its merger with TC Bancshares, Inc. effective December 1, 2025.
  • TC Federal Bank customers will retain access to existing branches & platforms until full conversion to Colony Bank branding & systems occurs in early 2026.
  • TC Bancshares shareholders received $21.25 in cash or 1.25 shares of Colony common stock per share under the July 23, 2025 agreement terms.
  • The combined entity now holds approximately $3.7 billion in total assets, $3.0 billion in deposits, & $2.4 billion in loans.
  • Colony Bankcorp operates locations across Georgia, Alabama, & Florida, trading on the NYSE under the symbol "CBAN."