Colony Bankcorp, Inc. reported a significant increase in its financial performance for the fiscal year ending December 31, 2025, with net income rising to $28.3 million, or $1.59 per diluted share, compared to $23.9 million, or $1.36 per diluted share, in 2024. The company's total assets reached approximately $3.7 billion, up from $3.1 billion the previous year. This growth was primarily driven by a 29.2% increase in total loans, which amounted to $2.4 billion, largely attributed to the acquisition of TC Bancshares, Inc. in December 2025, which added $412.7 million in loans to the portfolio.
The company also experienced a notable rise in net interest income, which increased by $15.9 million, or 20.7%, to $91.9 million in 2025. This growth was facilitated by a combination of increased loan volume and a favorable shift in the interest rate environment, as the net interest margin improved to 3.14% from 2.72% in 2024. The average volume of interest-earning assets rose by $127.1 million, reflecting the successful integration of acquired loans and a strategic focus on expanding the loan portfolio.
In terms of operational developments, Colony Bankcorp expanded its market presence through the acquisition of TC Bancshares, which included four full-service banking locations in Georgia and Florida. Additionally, the company acquired The Ellerbee Agency, enhancing its insurance division and expanding its customer base. As of December 31, 2025, the company employed 537 individuals, reflecting a commitment to talent acquisition and retention in a competitive labor market.
The filing also highlighted the company's proactive approach to managing credit risk, with an allowance for credit losses of $23.0 million, or 0.97% of total loans, as of year-end 2025. This was an increase from $19.0 million, or 1.03% of total loans, in 2024. The provision for credit losses totaled $4.5 million in 2025, up from $3.1 million in the previous year, indicating a cautious stance in light of potential economic uncertainties. The company noted that its nonperforming assets increased to $24.7 million, or 0.66% of total assets, primarily due to the addition of loans from the TC Bancshares acquisition.
Looking ahead, Colony Bankcorp expressed optimism about its growth trajectory, emphasizing its strategic initiatives to enhance operational efficiency and expand its market share. The company plans to continue leveraging its competitive advantages in customer service and technology to navigate the evolving financial landscape. However, it acknowledged potential risks, including fluctuations in interest rates and economic conditions, which could impact future performance.
About COLONY BANKCORP INC
Colony Bankcorp, Inc. is a Georgia-based bank holding company operating through its wholly-owned subsidiary, Colony Bank. It provides a wide range of retail and commercial banking services, including loans, deposits, treasury solutions, and digital banking. Serving communities in Georgia, Alabama, and Florida, it focuses on small to mid-sized businesses, emphasizing customer relationships, service quality, and community engagement within a regulated financial framework.
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