Earnings Releases·Oct 28, 2026, 4:15 PM ET

Colony Bankcorp, Inc. — Third Quarter 2026 Earnings Summary

Net income rose to $10.5 million ($0.50/share) in Q3 2026 from $5.8 million ($0.33/share) in Q3 2025, driven by a 33% increase in net interest income to $30.5 million and a 21.6% jump in noninterest income; operating net income also improved to $11.6 million ($0.54/share) year-over-year.
Management anticipates softer near-term loan growth due to pricing discipline, though long-term targets remain unchanged; the partnership with First Reliance Bancshares is on track for system conversion and customer integration in Q2 2027.
A sale-leaseback transaction involving three retail branches for ~$19.9 million is expected to generate a ~$15 million pre-tax gain, with proceeds earmarked to enhance liquidity and support future loan growth.
Nonperforming assets increased to $25.0 million from $20.9 million in Q2 2026, primarily due to a single construction relationship downgrade, while the Board declared a $0.12 quarterly cash dividend.