0001171843-16-012092.txt : 20160907 0001171843-16-012092.hdr.sgml : 20160907 20160907170014 ACCESSION NUMBER: 0001171843-16-012092 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160831 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160907 DATE AS OF CHANGE: 20160907 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLONY BANKCORP INC CENTRAL INDEX KEY: 0000711669 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 581492391 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-12436 FILM NUMBER: 161873959 BUSINESS ADDRESS: STREET 1: 115 SOUTH GRANT STREET STREET 2: . CITY: FITZGERALD STATE: GA ZIP: 31750 BUSINESS PHONE: 229-426-6000 MAIL ADDRESS: STREET 1: 115 SOUTH GRANT STREET STREET 2: . CITY: FITZGERALD STATE: GA ZIP: 31750 8-K 1 f8k_090716.htm FORM 8-K
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________

Form 8-K
_____________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event Reported): August 31, 2016  

Colony Bankcorp, Inc.
(Exact Name of Registrant as Specified in Charter)

Georgia000-1243658-1492391
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification Number)

 

115 South Grant Street, Fitzgerald, Georgia 31750
(Address of Principal Executive Offices) (Zip Code)

(229) 426-6000
(Registrant's telephone number, including area code)

NOT APPLICABLE
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 [   ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 [   ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 [   ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 [   ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

Item 8.01. Other Events.

On September 7, 2016 the Registrant issued a press release, a copy of which is attached as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

Exhibit 99.1    Press release dated September 7, 2016

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 Colony Bankcorp, Inc.
   
  
Date: September 7, 2016By: /s/ Terry L. Hester        
  Terry L. Hester
  Executive Vice-President and
Chief Financial Officer
  

Exhibit Index 

  
99.1 Press release dated September 7, 2016

 EX-99.1 2 exh_991.htm PRESS RELEASE EdgarFiling

EXHIBIT 99.1

Colony Bankcorp, Inc. Announces Partial Redemption of Preferred Stock

FITZGERALD, Ga., Sept. 07, 2016 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN) today announced redemption of 3,661 shares of its Cumulative Perpetual Preferred Stock ($1,000 Par Value).  Total principal payment will be $3,661,000 and leave the company with 14,360 preferred shares outstanding.  This action was in concurrence with both Georgia Department of Banking and Finance and Federal Reserve Bank of Atlanta.  “This will be immediately accretive to EPS,” said Ed Loomis, President and Chief Executive Officer.  “Subject to regulatory approval later this year, we intend to exercise our option to redeem additional shares of the preferred stock that has a current dividend rate of 9 percent.”

CONTACT:
Terry L. Hester
Chief Financial Officer
(229) 426-6000 (ext. 6002)