COLONY BANKCORP INC (CBAN) Form 10-Q — Aug 5, 2026
Colony Bankcorp reported second quarter 2026 net income of $10.9 million, or $0.51 per diluted share, up from $8.0 million, or $0.46, a year earlier, driven by a $7.5 million increase in net interest income and net interest margin expansion to 3.52% from 3.12%. First-half 2026 net income reached $19.1 million ($0.90 per diluted share) versus $14.6 million ($0.83) in the prior-year period. Noninterest income grew 20.4% to $12.2 million on higher service charges, mortgage fees and BOLI income, while noninterest expense rose 20.1% to $26.4 million, reflecting costs from the December 2025 TC Bancshares acquisition.
Key figures
- Eps
- 0.51
- Net Income
- 10857000
- Total Assets
- 3627583000
- Cash Position
- 159619000
- Shares Outstanding
- 21220965
- Cet1 ratio
- 13.0%
- Total loans
- 2464834000
- Total deposits
- $3.0 billion
- Merger deal value
- $163 million
- Acl to total loans
- 0.89%
- Net income 1h 2025
- 14591000
- Net income 1h 2026
- 19061000
- Available liquidity
- $1.8 billion
- Eps 1h 2026 diluted
- 0.9
- Npa to total assets
- 0.58%
- Stockholders equity
- 390000000
- Total capital ratio
- 16.2%
- Nonperforming assets
- 20900000
- Merger exchange ratio
- 0.94
- Uninsured deposits pct
- 32.45%
- Net charge offs q2 2026
- 1781000
- Noninterest income q2 2025
- 10098000
- Noninterest income q2 2026
- 12158000
- Net interest income q2 2025
- 22385000
- Net interest income q2 2026
- 29869000
- Net interest margin q2 2025
- 3.12%
- Net interest margin q2 2026
- 3.52%
- Noninterest expense q2 2026
- 26431000
- Merger cash election per share
- 19.75
- Dividend declared per share q2 2026
- 0.12
- Provision for credit losses q2 2025
- 450000
- Provision for credit losses q2 2026
- 1900000
- Acquisition related expenses q2 2026
- 943000
- Allowance for credit losses on loans
- 22034000
- Combined assets expected post merger
- $5 billion
Price after filing
Close on the filing date to close N calendar days later (from $22.13). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.