XML 123 R109.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 21 - Financial Information of Colony Bankcorp, Inc. (Parent Only) Statements of Operations, Parent Company (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Salaries and Employee Benefits $ 18,482,693 $ 17,589,631 $ 17,507,926
Income Before Taxes and Equity in Undistributed Earnings of Subsidiary 12,524,543 12,160,500 10,799,912
Income Tax Benefits (3,851,333) (3,787,803) (3,268,287)
Net Income 8,673,210 8,372,697 7,531,625
Preferred Stock Dividends 1,493,310 2,375,010 2,688,604
Net Income Available to Common Stockholders 7,179,900 5,997,687 4,843,021
Parent Company [Member]      
Dividends from Subsidiary 9,118,104 10,015,147 12,015,572
Management Fees 601,080 581,334 581,334
Other 103,612 112,876 100,269
9,822,796 10,709,357 12,697,175
Interest 601,567 503,286 517,381
Amortization 938
Salaries and Employee Benefits 840,130 811,150 782,152
Other 554,434 666,872 538,847
1,996,131 1,981,308 1,839,318
Income Before Taxes and Equity in Undistributed Earnings of Subsidiary 7,826,665 8,728,049 10,857,857
Income Tax Benefits 457,934 444,764 396,738
Income Before Equity in Undistributed Earnings of Subsidiary 8,284,599 9,172,813 11,254,595
Dividends Received in Excess of Earnings of Subsidiary (800,116) (3,722,970)
Equity in Undistributed Earnings of Subsidiary 388,611
Net Income 8,673,210 8,372,697 7,531,625
Preferred Stock Dividends 1,493,310 2,375,010 2,688,604
Net Income Available to Common Stockholders $ 7,179,900 $ 5,997,687 $ 4,843,021