Colony Bankcorp, Inc. Reports Third Quarter 2026 Results Declares Quarterly Cash Dividend of $0.12 Per Share
Colony Bankcorp reported Q3 2026 net income of $10.5 million, or $0.50 per diluted share, up from $5.8 million ($0.33) a year ago; operating EPS was $0.54. Net interest margin expanded to 3.59% from 3.17% a year earlier, helped by the TC Bancshares acquisition, higher earning-asset yields and lower cost of funds. The board declared a $0.12 quarterly dividend payable November 25, 2026. A subsequent event adds a $19.9 million sale-leaseback of three branch properties with an estimated $15 million pre-tax gain, offset by planned investment-securities repositioning losses; the combined actions are expected to be accretive to tangible book value and recurring earnings.
Key figures
- Eps
- 0.5
- Guidance
- No formal guidance; management expects softer near-term loan growth and First Reliance systems conversion expected in Q2 2027
- Net income
- $10.5 million
- Total loans
- $2.48 billion
- Total assets
- $3.65 billion
- Operating eps
- 0.54
- Nim prior year
- 3.17%
- Total deposits
- $2.96 billion
- Classified loans
- $53.9 million
- Dividend per share
- 0.12
- Net interest margin
- 3.59%
- Nonperforming assets
- $25.0 million
- Sale leaseback price
- $19.9 million
- Tier one leverage ratio
- 10.57%
- Sale leaseback pretax gain
- $15 million
- Tangible book value per share
- 15.16
AI analysis
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