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Financial Information of Colony Bankcorp, Inc. (Parent Only) - Statements of Cash Flows, Parent Company (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 11,815 $ 10,211
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 33 34
Net cash (used in) provided by operating activities (19,094) 3,877
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of premises and equipment (4,241) (3,485)
Proceeds from sale of premises and equipment 1,035 690
Net cash and cash equivalents paid in acquisition 0 (467)
Net cash (used in) provided by investing activities (130,266) 6,802
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid for common stock (3,800) (2,692)
Net cash (used in) provided by financing activities 228,774 33,257
Net increase (decrease) in cash and cash equivalents 79,414 43,936
Cash and cash equivalents at beginning of period 104,092 60,156
Cash and cash equivalents at end of period 183,506 104,092
Parent Company    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 11,815 10,211
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 70 81
Stock-based compensation expense 33 34
Equity in undistributed earnings of subsidiaries (7,404) (5,972)
Change in interest payable (51) 21
Other (354) 1,065
Net cash (used in) provided by operating activities 4,109 5,440
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of premises and equipment 0 (54)
Proceeds from sale of premises and equipment 1,314 0
Net cash and cash equivalents paid in acquisition 0 (16,145)
Net cash (used in) provided by investing activities 1,314 (16,199)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in other borrowed money (1,000) 14,563
Dividends paid for common stock (3,800) (2,692)
Net cash (used in) provided by financing activities (4,800) 11,871
Net increase (decrease) in cash and cash equivalents 623 1,112
Cash and cash equivalents at beginning of period 2,049 937
Cash and cash equivalents at end of period $ 2,672 $ 2,049