Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when CBAN files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsColony Bankcorp shareholders approve all proposals at 2026 Annual Meeting
Filed May 22, 2026 · Period ending May 22, 2026 · ~1 min read
Key Changes
-
low
All eight directors re-elected to serve until 2027 annual meeting, with votes ranging from 13.3M to 13.9M in favor; no board changes announced.
Item 5.07 verify on EDGAR → -
low
Executive compensation plan approved with 97% support (13.4M for vs. 351K against) in non-binding advisory vote.
Item 5.07 verify on EDGAR → -
low
Mauldin & Jenkins retained as independent auditor for 2026 with 99% approval; no auditor change or concerns indicated.
Item 5.07 verify on EDGAR → -
low
Strong shareholder participation with 76% of outstanding shares (16.1M of 21.2M) represented at meeting, exceeding quorum requirements.
Item 5.07 verify on EDGAR →
Summary
Colony Bankcorp held its routine 2026 Annual Meeting on May 21, with shareholders voting on standard governance matters. All proposals passed with strong support: the existing eight-member board was re-elected without changes, executive compensation received a 97% approval rating, and the current auditor was retained with 99% support. Shareholder turnout was solid at 76% of outstanding shares.
For retail investors, this filing signals business as usual with no governance surprises or contested votes. The high approval rates across all proposals suggest shareholders are generally satisfied with management and board oversight. The only notable detail is that director Meagan Mowry received the most withheld votes (646K), though this still represents less than 5% opposition. Watch for the company's proxy statement amendments or any subsequent board committee appointments that might provide insight into strategic priorities for the coming year.
Section-by-Section Diff
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
Colony Bankcorp held its 2026 Annual Meeting, electing eight directors, approving executive compensation, and ratifying auditor appointment.
Show 3 minor / wording changes
Added in current filing · verify on EDGAR →
On May 21, 2026, the Company held its Annual Meeting. As of March 27, 2026, the record date for the Annual Meeting, 21,172,315 shares of the Company's common stock were outstanding and entitled to vote at the Annual Meeting. A total of 16,138,980 shares, or 76.22% of Colony's common stock, constituting a quorum, were represented in person or by proxy at the Annual Meeting.
Colony Bankcorp held its annual shareholder meeting on May 21, 2026, with 76.22% of outstanding shares represented, meeting quorum requirements. Shareholders voted on three proposals: director elections, executive compensation approval, and auditor ratification.
Added in current filing · view on EDGAR →
Scott L. Downing 13,840,474 | 119,065 | 2,179,441 T. Heath Fountain 13,854,349 | 105,190 | 2,179,441 Audrey D. Hollingsworth 13,834,242 | 125,297 | 2,179,441 | Paul Joiner, III | 13,883,640 | 75,899 | 2,179,441 Mark H. Massee 13,700,732 | 258,807 | 2,179,441 Meagan M. Mowry 13,313,557 | 645,982 | 2,179,441 Matthew D. Reed 13,860,465 | 99,074 | 2,179,441 Brian D. Schmitt 13,852,561 | 106,978 | 2,179,441
All eight director nominees were elected to serve until the 2027 annual meeting. Each director received over 13 million votes in favor, with Meagan M. Mowry receiving the most withheld votes at 645,982. The board composition remains unchanged with no new directors added.
Added in current filing · verify on EDGAR →
The ratification of the appointment of Mauldin & Jenkins, LLC as the Company’s independent registered public accounting firm for the year ended December 31, 2026: For | Against | Abstain | Broker Non-Votes | 15,991,044 | 143,300 | 4,636 | —
Shareholders ratified Mauldin & Jenkins, LLC as the independent auditor for 2026 with 15,991,044 votes in favor and only 143,300 against. This represents approximately 99% approval and indicates no auditor change or concerns about the audit relationship.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · May 27, 2026 · How we verify