Colony Bankcorp completes $413M acquisition, margin expands 42bp as rate cuts boost deposits

Filed March 13, 2026 · Period ending December 31, 2025 · Compared to 10-K Mar 14, 2025 · ~2 min read

Key Changes

• high

  Acquired TC Bancshares for $412.7M in loans, expanding into Jacksonville and Santa Rosa Beach. Early adoption of new accounting standard (ASU 2025-08) added $4.6M to loan loss reserves at closing, avoiding day-one expense hit.

  MD&A: TC Bancshares acquisition verify on EDGAR →
• high

  Net interest margin jumped 42 basis points to 3.14% as deposit costs fell 27bp while loan yields rose 24bp. Adjustable-rate loans doubled to 41.6% of portfolio, amplifying sensitivity to future rate moves (+8.1% NII if rates rise 200bp, -1.7% if they fall 200bp).

  MD&A: Net interest margin & rate sensitivity verify on EDGAR →
• high

  Net interest income surged $15.9M (+21%) after declining $2.2M prior year, driven by $131.8M loan growth and favorable deposit repricing as Fed cut rates 75bp. Net interest spread expanded to 2.70% from 2.23%.

  MD&A: Net interest income growth verify on EDGAR →