Tranche Update on Colony Bankcorp, Inc.'s Equity Buyback Plan announced on October 21, 2022.
January 27, 2023 at 03:01 am IST
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From October 20, 2022 to December 31, 2022, the company has repurchased 40,000 shares, representing 0.23% for $0.54 million. With this, the company has completed the repurchase of 40,000 shares, representing 0.23% for $0.54 million under the buyback announced on October 21, 2022.
Colony Bankcorp, Inc. is a financial service and a bank holding company. The Companyâs business is conducted through its bank subsidiary, Colony Bank (the Bank), a Georgia state-chartered commercial bank. The Bank provides a range of banking services to its retail and commercial customers. The Company operates through three segments: Banking Division, Retail Mortgage Division and Small Business Specialty Lending Division. The Banking Division delivers full service financial services, including commercial loans, consumer loans and deposit accounts. The Retail Mortgage Division offers services for one-to-four family residential mortgage loans. The Small Business Specialty Lending Division offers small business administration and United States Department of Agriculture (USDA) government guaranteed loans. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and land development loans, commercial real estate loans and others.
COLONY BANKCORP, INC. 
