Colony Bankcorp (CBAN)

Company Profile

Colony Bankcorp, Inc. is the bank holding company for Colony Bank. Founded in 1975 and headquartered in Fitzgerald, Georgia, Colony operates 32 locations throughout Georgia. The Homebuilder Finance Division helps the local construction industry with building and construction loans, and the Small Business Specialty Lending Division assists small businesses with government guaranteed loans. The Bank also helps its customers achieve their goal of home ownership through Colony Bank Mortgage.

Company profile

Ticker

CBAN

Exchange

NASDAQ

Website

www.colonybank.com

CEO

Thomas Heath Fountain

Incorporated

Georgia

Location

Georgia

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

State Street • Ally Financial • Citizens Financial • Northern Trust • M & T Bank • Fifth Third Bancorp • Bank Of New York Mellon • Popular • Associated Banc-Corp. • SVB Financial ...

SEC CIK

0000711669

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Colony Risk Management, Inc. ...

IRS number

581492391

CBAN stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Janney Montgomery Scott

Latest filings (excl ownership)

View all

16 Mar 23

Colony Bankcorp Reports Fourth Quarter and Year Ended 2022 Results

10 Nov 22

Departure of Directors or Certain Officers

24 Oct 22

8-K

Colony Bankcorp Reports Third Quarter 2022 Results

20 Oct 22

8-K

Colony Bankcorp to Participate In the Janney

16 Sep 22

8-K

Departure of Directors or Certain Officers

12 Aug 22

Colony Bankcorp Reports Second Quarter 2022 Results

21 Jul 22

Transcripts

CBAN

Earnings call transcript

2022 Q4

27 Jan 23

CBAN

Earnings call transcript

2022 Q3

21 Oct 22

Latest ownership filings

View all

Financial summary

Financial statements Chart CBAN financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	80.68 mm	80.68 mm	80.68 mm	80.68 mm	80.68 mm	80.68 mm
Cash burn (monthly)	1.45 mm	9.71 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	4.13 mm	27.60 mm	n/a	n/a	n/a	n/a
Cash remaining	76.55 mm	53.08 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	52.6	5.5	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

CBAN institutional ownership history Ownership history

60.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	66	61	+8.2%
Opened positions	10	4	+150.0%
Closed positions	5	20	-75.0%
Increased positions	24	17	+41.2%
Reduced positions	17	24	-29.2%

13F shares	Current	Prev Q	Change
Total value	86.09 bn	107.17 mm	+80227.5%
Total shares	8.55 mm	8.22 mm	+4.0%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Banc Funds	1.11 mm	$14.02 mm	+18.1%
BLK Blackrock	1.04 mm	$13.23 bn	+15.2%
Vanguard	973.30 k	$12.35 bn	+25.2%
Fourthstone	969.34 k	$12.31 bn	-32.5%
TFO USA	474.06 k	$6.02 bn	0.0%
Polaris Capital Management	464.05 k	$5.89 bn	0.0%
Alliancebernstein	372.48 k	$4.73 bn	NEW
RMB Capital Management	300.00 k	$3.81 bn	-5.2%
Pacific Ridge Capital Partners	299.23 k	$3.80 bn	-1.8%
Manufacturers Life Insurance Company, The	272.77 k	$3.46 bn	-0.1%

Largest transactions	Shares	Bought/sold	Change
Fourthstone	969.34 k	-467.26 k	-32.5%
Alliancebernstein	372.48 k	+372.48 k	NEW
Vanguard	973.30 k	+196.12 k	+25.2%
STT State Street	195.93 k	+195.93 k	NEW
Banc Funds	1.11 mm	+169.00 k	+18.1%
BLK Blackrock	1.04 mm	+137.79 k	+15.2%
Stieven Capital Advisors	92.49 k	-122.90 k	-57.1%
JCSD Capital	0.00	-120.00 k	EXIT
Maltese Capital Management	0.00	-112.47 k	EXIT
BK Bank Of New York Mellon	103.08 k	+44.65 k	+76.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CBAN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
17 Mar 23	T Heath Fountain	COLONY BANKCORP, INC. COMMON STOCK	Buy	Acquire P	No	No	10.55	600	6.33 k	48,284.17
17 Mar 23	T Heath Fountain	COLONY BANKCORP, INC. COMMON STOCK	Buy	Acquire P	Yes	No	10.54	100	1.05 k	1,300
17 Mar 23	T Heath Fountain	COLONY BANKCORP, INC. COMMON STOCK	Buy	Acquire P	Yes	No	10.53	100	1.05 k	1,100
17 Mar 23	T Heath Fountain	COLONY BANKCORP, INC COMMON STOCK	Buy	Acquire P	Yes	No	10.56	400	4.22 k	19,711.12
15 Mar 23	Leonard H Bateman JR	COLONY BANKCORP, INC COMMON STOCK	Buy	Acquire P	Yes	No	10.61	1,042.849	11.06 k	6,115.834
13 Mar 23	T Heath Fountain	COLONY BANKCORP, INC COMMON STOCK	Buy	Acquire P	Yes	No	11.27	1,500	16.91 k	19,311.12
10 Mar 23	R Dallis Copeland JR	COLONY BANKCORP, INC COMMON STOCK	Buy	Acquire P	No	No	11.45	2,000	22.90 k	15,668
7 Mar 23	T Heath Fountain	COLONY BANKCORP, INC COMMON STOCK	Buy	Acquire P	Yes	No	12.04	3,000	36.12 k	17,811.12