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): February 1, 2007

COLONY BANKCORP, INC.

(Exact name of registrant as specified in its charter)

Georgia	000-12436	58-1492391
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer I.D. No.)

115 South Grant Street, Fitzgerald, Georgia 31750

(Address of principal executive offices)

(229) 426-6000

Registrant’s Telephone Number, including area code

N/A

(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 (see General Instruction A.2. below):

¨ 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 2.02. Results of Operations and Financial Condition

On February 1, 2007, Colony Bankcorp, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 7.01. Regulation FD Disclosure

On February 1, 2007, Colony Bankcorp, Inc. issued a press release announcing the election of Mark Massee as a Director. The press release is attached as Exhibit 99.1 to this Form 8-K. This information is provided under Item 2.02 of Form 8-K. The information in this Form 8-K and the Exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements, Pro Forma Financial Information and Exhibits.

(c) Exhibits.

99.1 Press Release dated February 1, 2007

SIGNATURES

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: February 1, 2007	By:	/s/ Terry L. Hester
		Terry L. Hester
		Executive Vice President and Chief Financial Officer

EX-99.1

Exhibit 99.1

Colony Bankcorp, Inc. Announces Election of New Director

FITZGERALD, GA., February 1, 2007 — Colony Bankcorp, Inc. (Nasdaq National Market: CBAN) announced that Mr. Mark Massee was named to Colony Bankcorp’s Board of Directors at the January meeting. Mr. Massee has served as a Director with Colony Bank of Fitzgerald since 1996 and will continue to serve in that position.

Mr. Massee is a native of Fitzgerald, Georgia and a graduate of The Georgia Institute of Technology with a degree in Industrial Management. He returned to Fitzgerald after three years in the Atlanta area to organize Massee Builders, Inc., a commercial building construction firm with his father, Mr. Marion Massee, III. Mr. Mark Massee serves as President of Massee Builders, Inc., following the retirement of his father in 1992. Mr. Massee is also involved in MHM Properties and the Dorminy-Massee House, Inc., a local bed and breakfast inn. Mark is very active in his community and serves on various organizations in Ben Hill County including the Fitzgerald Chamber of Commerce, Fitzgerald Ben Hill Arts Council and the Fitzgerald Jaycees.

Colony Bankcorp, Inc. Chairman, Morris Downing, stated, “Mark’s business experience, knowledge of our company, and years of association with Colony will make him a valuable addition to our Board.”

Colony Bankcorp, Inc. is a multi-bank holding company headquartered in Fitzgerald, Georgia, that consists of the following subsidiaries: Colony Bank of Fitzgerald, Colony Bank Wilcox, Colony Bank Ashburn, Colony Bank of Dodge County, Colony Bank Worth, Colony Bank Southeast, Colony Bank Quitman, FSB, and Colony Management Services. The Company conducts a general full service commercial, consumer and mortgage banking business through twenty-nine offices located in the middle and south Georgia cities of Fitzgerald, Warner Robins, Centerville, Ashburn, Leesburg, Cordele, Albany, Thomaston, Columbus, Sylvester, Tifton, Moultrie, Douglas, Broxton, Savannah, Eastman, Chester, Soperton, Quitman and Valdosta, Georgia.

Colony Bankcorp, Inc. Common Stock is quoted on the Nasdaq National Market under the symbol “CBAN.”

Contact:	Terry Hester, Chief Financial Officer
	229-426-6002