Colony Bankcorp Q3 net income jumps 80.8% to $10.5M; closes $163M First Reliance merger

Filed November 6, 2026 · Period ending September 30, 2026 · Compared to 10-Q Nov 7, 2025 · ~1 min read

Key Changes

• high

  Net income rose 80.8% to $10.5M, or $0.50 per diluted share, from $5.8M, or $0.33, a year earlier.

  MD&A: Results verify on EDGAR →
• high

  Completed the $163M acquisition of First Reliance Bancshares on Nov 1, 2026, issuing ~6.2M shares and paying $32.7M in cash.

  Notes: Merger verify on EDGAR →
• high

  Entered a sale-leaseback of three branches for ~$19.9M, expecting a $15M pre-tax gain offset by planned securities losses.

  Notes: Sale-leaseback verify on EDGAR →