0001437749-16-043376.txt : 20161215 0001437749-16-043376.hdr.sgml : 20161215 20161215080018 ACCESSION NUMBER: 0001437749-16-043376 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161215 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20161215 DATE AS OF CHANGE: 20161215 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: 162052358 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 cban20161214_8k.htm FORM 8-K cban20161214_8k.htm

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): December 15, 2016

 

COLONY BANKCORP, INC.

(Exact name of Registrant as Specified in Charter)

 

Georgia

 

000-12436

 

58-1492391

(State or Other Jurisdiction of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

115 South Grant Street, Fitzgerald, Georgia 31750

(Address of Principal Executive Offices)

 

(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 December 15, 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 December 15, 2016

 

 

SIGNATURES

 

In accordance with the requirements of the Securities Exchange Act of 1934, as amended, the Company duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

COLONY BANKCORP, INC.

 

 

 

 

 

 

 

 

 

Date:     December 15, 2016  

By:

/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 ex99-1.htm EXHIBIT 99.1 ex99-1.htm

Exhibit 99.1

  

Colony Bankcorp, Inc. Announces Partial Redemption of Preferred Stock

 

FITZGERALD, Ga., December 15, 2016 (Global Newswire) - Colony Bankcorp, Inc. (Nasdaq:CBAN) today announced redemption of 5,000 shares of its Cumulative Perpetual Preferred Stock ($1,000 Par Value). Total principal payment will be $5,000,000 and leave the company with 9,360 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. In 2017, 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)