EXHIBIT 23. (b)

                CONSENT OF NICHOLS, CAULEY & ASSOCIATES, P.C.
                        TO USE OF FINANCIAL STATEMENTS

 
       [LETTERHEAD OF NICHOLS, CAULEY, & ASSOCIATES, P.C. APPEARS HERE]


                                        July 26, 1996


Colony Bankcorp, Inc.
Post Office Box 989
Fitzgerald, Georgia 31750

     RE:  Acquisition of Broxton State Bank


Nichols, Cauley & Associates, P.C. hereby consents to the inclusion in the 
registration statement to be filed by Colony Bankcorp, Inc. in connection with 
the issuance of its shares of common stock in the acquisition of Broxton State 
Bank of the audited financial statements of Broxton State Bank for the years 
ended December 31, 1995 and 1994, prepared by Nichols, Cauley & Associates, P.C.
and to the reverence in the registration statement and prospectus which is a 
part thereof to Nichols, Cauley & Associates, P.C. as having prepared such 
financial statements.

Nichols, Cauley & Associates, P.C. further acknowledges awareness of the use in 
the registration statement of a report by it on unaudited financial information 
of Broxton State Bank as of June 30, 1995 and 1996.

                                        /s/Nichols, Cauley & Associates, P.C.
                                        NICHOLS, CAULEY & ASSOCIATES, P.C.