Colony Bank

What Colony Bank does

Colony Bank is a publicly traded community bank holding company headquartered in Fitzgerald, Georgia, founded in 1975 and listed on the NYSE under ticker CBAN. The company operates a full-service regional bank serving individuals and small-to-medium businesses across Georgia, Alabama, and Florida, with a pending expansion into South Carolina via the First Reliance Bancshares merger expected to close in Q4 2026. Core product offerings include personal and business deposit accounts, consumer and commercial lending, mortgage origination, SBA and USDA government-backed specialty lending (where Colony holds Preferred Lender Status), Treasury Solutions cash management, merchant services, insurance through its Colony Insurance subsidiary (with Allstate as the carrier partner), and wealth advisory through a partnership with Ameriprise Financial Services.

The company's technology platform centers on a digital banking system with iOS and Android mobile apps, online banking portals, mobile deposit, Zelle peer-to-peer payments, QuickBooks Web Connect integration, and the FLASH self-service working capital loan origination platform that supports online SBA-backed loans up to $150,000. Security infrastructure includes 128-bit encryption and Extended Validation SSL certificates. The underlying business model is a traditional spread-based community bank generating revenue primarily through net interest income (the spread between loan yields and deposit costs), supplemented by non-interest fee income from deposit accounts, loan origination, merchant services, insurance commissions, and wealth management, plus mortgage banking transaction revenue.

Colony is pursuing an aggressive acquisition-led growth strategy, completing the TC Bancshares merger in December 2025 (creating a ~$3.7B-asset entity) and announcing the First Reliance Bancshares acquisition in June 2026 for ~$163 million (80% stock, 20% cash), which is projected to deliver ~20% EPS accretion by 2027 and 35% cost savings relative to First Reliance's noninterest expense base. The combined entity post-First Reliance would have approximately $5B in total assets, $4B in deposits, and $3.2B in loans across four Southeast states. The bank's Small Business Specialty Lending division provides dedicated USDA Business Development and Business Development Officer coverage across multiple states, supported by KBRA credit ratings of BBB/BBB-/BBB+ with a stable outlook affirmed in March 2026.

Name

Colony Bank

Legal name

Colony Bankcorp, Inc.

Website

https://colony.bank

Company type

Public

Founded year

1975

Operating status

Operating

Headcount range

251–500 employees

Short description

Colony Bank is a publicly traded community bank holding company (NYSE: CBAN) founded in 1975 in Fitzgerald, Georgia, serving individuals and small-to-medium businesses in Georgia, Alabama, and Florida with deposit products, commercial and consumer lending, SBA/USDA specialty lending, Treasury Solutions, insurance, and wealth advisory services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (522110)

SIC

State Commercial Banks (6022)

akta.pro primary industry

SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

akta.pro secondary industries

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), SME Commercial Real Estate (CRE) Lending (FSABABAG)

Keywords

• Community banking services
• Small business lending
• SBA preferred lender
• Commercial real estate loans
• Personal deposit accounts

Headquarters

HQ city

Fitzgerald

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Traditional banking revenue from interest earned on loans and securities minus interest paid on deposits. Primary revenue driver representing the spread between lending rates and deposit costs.
2. Non-Interest Income: Fee income from deposit accounts, loan origination fees, merchant services, wealth management, and insurance commissions. Insurance segment includes property & casualty and life insurance products through Colony Insurance subsidiary.
3. Mortgage Banking: Revenue from mortgage originations including construction loans, lot loans, and nationwide mortgage services

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Colony Bank is a community-focused regional bank that provides personal and business deposit accounts (checking, savings, money market, CDs), consumer and commercial lending (mortgages, auto, personal loans, commercial real estate, working capital), specialized SBA and USDA government-guaranteed small business lending, Treasury Solutions and Merchant Services cash management, and property and casualty and life insurance through its Colony Insurance subsidiary. Services are delivered through a physical branch network across the Southeast U.S. supplemented by online and mobile banking channels.

Product overview

Colony Bank is a community-focused regional bank offering a comprehensive suite of banking products and services through a unified digital and branch banking platform. The core offerings include personal and business deposit accounts (checking and savings), consumer and commercial lending (including mortgages, auto loans, and business loans), specialized Small Business Specialty Lending (SBA/USDA programs with Preferred Lender Status), Treasury Solutions for cash management, and Merchant Services for payment processing. The bank also provides insurance products through its Colony Insurance subsidiary, acquired The Ellerbee Agency (2025) for P&C expansion, and completed the TC Bancshares merger (December 2025). A pending merger with First Reliance Bancshares (Q4 2026) would expand assets to approximately $5 billion and establish operations in South Carolina. Financial advisory services are offered in partnership with Ameriprise Financial.

Differentiator

Problem solved

Functional benefit

Products and services

• Colony Bank Digital Banking Colony Bank's online and mobile banking platform providing 24/7 account access, bill payment, fund transfers, mobile deposit, e-statements, E-Alerts, Zelle peer-to-peer payments, CardCommand, and account management features for both personal and business customers.
• Personal Checking Accounts Personal checking account products including Benefits Account, Colony One Account, Freedom Account, Convenience Interest Account, and Preferred Interest Account, with associated debit card options.
• Personal Savings Accounts Personal savings products including regular Savings Account, Money Market Account, HSA Accounts, Student Savings, Retirement/Educational accounts, and Certificates of Deposit.
• Mortgage Services Home lending solutions including purchase mortgages, construction loans, lot and small acreage loans, and nationwide mortgage services delivered by an in-house home lending team.
• Personal Lending Consumer loan products including Home Equity Line of Credit, Boat/RV/ATV loans, Auto Loans, and Credit Cards for individuals.
• Business Checking & Savings Business deposit products including Business Interest Account, Business Relationship Account, Business Advantage Account, Freedom Business Account, and Business Savings for small and medium businesses.
• Business Lending Commercial loan products including Small Business loans, Commercial Real Estate financing, Working Capital loans, Healthcare Lending, Equipment financing, and Business Credit Cards.
• Agriculture Lending Specialized agricultural financing including Agriculture Equipment loans, Livestock financing, Farm Land loans, and Crop Production loans for farm operators and ranchers.
• Small Business Specialty Lending (SBA/USDA) Government-guaranteed small business lending including SBA 7(a) and SBA 504 loan programs, USDA Business & Industry loans, USDA Community Facilities loans, and Flash Loans (working capital up to $150,000). Colony Bank holds SBA Preferred Lender Status.
• Treasury Solutions Cash management services including Information Reporting, Receivables (ACH Origination, Mobile Deposit, Remote Deposit, Merchant Services), Payables (ACH Payments, Wire Transfers, Business Bill Pay, Corporate Credit Cards), Fraud Protection (Positive Pay, ACH Positive Pay), and Liquidity Management (ICS, CDARS) for business customers.
• Merchant Services Payment processing solutions enabling businesses to accept credit, debit, and mobile payments in-store, online, or on the go, with point-of-sale systems, mobile payments, e-commerce integration, 24/7 support, and next-day funding.
• Colony Insurance Property and casualty and life insurance products offered through a wholly-owned subsidiary. Personal insurance includes Homeowners, Auto, Boat, Renters, Condo, ATV, Motorcycle, and Fixed Life Insurance. Business insurance covers workers' compensation, data security, general liability, and property coverage.

Quantifiable outcome

• Net interest margin expanded to 3.48% in Q1 2026, up 55 basis points year-over-year
• +5 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• First Reliance Bancshares, Inc.coreStrategic or Co-development Partner · 24 June 2026Definitive merger agreement signed June 24, 2026 for Colony to acquire 100% of First Reliance Bancshares stock for approximately $163 million in a combined stock-and-cash transaction (80% stock, 20% cash). Creates transformational Southeast banking partnership with combined assets of approximately $5 billion, deposits of $4 billion, and loans of $3.2 billion. Expected to close Q4 2026 pending regulatory and shareholder approvals.
• TC Bancshares, Inc.coreStrategic or Co-development Partner · 1 December 2025Completed merger effective December 1, 2025. Cash or stock exchange transaction increased Colony's assets to approximately $3.7 billion, expanding presence in Georgia and Florida markets.
• The Ellerbee AgencyminorStrategic or Co-development Partner · 2 April 2025Acquisition of Allstate-appointed P&C insurance agency integrated into Colony Insurance subsidiary. Includes two Georgia locations and 11 agents led by Sean Ellerbee. Expected to be EPS accretive.
• Allstate Insurance CompanycoreChannel Partner/ Reseller/ DistributorColony Insurance, a wholly-owned subsidiary, offers Allstate insurance products including homeowners, auto, life, boat, renters, condo, ATV, and motorcycle insurance. Products provided through Allstate Insurance Company.
• Ameriprise Financial Services, LLCminorChannel Partner/ Reseller/ DistributorInvestment and financial advisory services offered through Ameriprise partnership for customers seeking wealth management and investment products.
• U.S. Small Business Administration (SBA)coreStrategic or Co-development PartnerPreferred SBA Lender offering 7(a) and 504 loan programs. SBA backing enables competitive terms and faster processing for small business borrowers.
• U.S. Department of Agriculture (USDA)coreStrategic or Co-development PartnerUSDA Business & Industry and Community Facilities guaranteed loan programs for rural business development and community facilities.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/colony_bank
• Facebookfacebook.com/colonybank
• LinkedInlinkedin.com/company/colony-bank
• Instagraminstagram.com/colonybank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Colony Bank