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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, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 19,542 $ 18,659
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 1,743 599
Net cash provided by operating activities 49,741 36,104
CASH FLOWS FROM INVESTING ACTIVITIES    
Net cash and cash equivalents paid in insurance acquisitions 0 (4,210)
Net cash used in investing activities (448,228) (208,332)
CASH FLOWS FROM FINANCING ACTIVITIES    
Cash paid for tax withholding related to vesting of restricted stock (231) 0
Repurchase of shares (540) 0
Dividends paid on common stock (7,158) (4,463)
Net cash provided by financing activities 281,933 185,954
Net increase (decrease) in cash and cash equivalents (116,554) 13,726
Cash and cash equivalents at beginning of period 197,232 183,506
Cash and cash equivalents at end of period 80,678 197,232
Parent Company    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 19,542 18,659
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 1,743 599
Distribution in excess of earnings (equity in undistributed earnings) of subsidiaries (11,517) 11,160
Change in deferred taxes (2,125) 0
Change in interest payable 45 1
Other 270 (1,146)
Net cash provided by operating activities 7,958 29,273
CASH FLOWS FROM INVESTING ACTIVITIES    
Net cash and cash equivalents paid in insurance acquisitions 0 (19,178)
Capital injection into Bank subsidiary (53,000) 0
Net cash used in investing activities (53,000) (19,178)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in other borrowed money 26,560 (1,000)
Issuance of common stock 59,468 0
Cash paid for tax withholding related to vesting of restricted stock (231) 0
Repurchase of shares (540) 0
Dividends paid on common stock (7,158) (4,463)
Net cash provided by financing activities 78,099 (5,463)
Net increase (decrease) in cash and cash equivalents 33,057 4,632
Cash and cash equivalents at beginning of period 7,304 2,672
Cash and cash equivalents at end of period $ 40,361 $ 7,304