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                              April 14, 2023

       T. Heath Fountain
       Chief Executive Officer and Acting Chief Financial Officer
       COLONY BANKCORP INC
       115 South Grant Street
       Fitzgerald, Georgia 31750

                                                        Re: COLONY BANKCORP INC
                                                            Form S-3 filed
March 16, 2023
                                                            File No. 333-270613

       Dear T. Heath Fountain:

              We have limited our review of your registration statement to
those issues we have
       addressed in our comment.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comment applies to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to our comment, we may have additional comments.

       Form S-3 Filed March 16, 2023

       General

   1.                                                   In light of recent
market events and activities within the banking sector, pursuant to Item
                                                        11 of Form S-3, please
describe any material impact these events and activities have had
                                                        on your financial
condition, operations, customer base, liquidity, capital position and risk
                                                        profile. In this
regard, advise us of the extent of any significant changes by management
                                                        regarding interest rate
risk and asset/liability management policies. Additionally, advise us
                                                        whether you have a
Chief Risk Officer and if not, who handles such duties.


               We remind you that the company and its management are
responsible for the accuracy
       and adequacy of their disclosures, notwithstanding any review, comments,
action or absence of
       action by the staff.
 T. Heath Fountain
COLONY BANKCORP INC
April 14, 2023
Page 2

       Refer to Rules 460 and 461 regarding requests for acceleration. Please
allow adequate
time for us to review any amendment prior to the requested effective date of
the registration
statement.

       You may contact Todd K. Schiffman at 202-551-3491 or James Lopez at
202-551-3536 if
you have questions regarding this comment or any other questions.



FirstName LastNameT. Heath Fountain                        Sincerely,
Comapany NameCOLONY BANKCORP INC
                                                           Division of
Corporation Finance
April 14, 2023 Page 2                                      Office of Finance
FirstName LastName