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Note 21 - Financial Information of Colony Bankcorp, Inc. (Parent Only) (Tables)
 12 Months Ended
Dec. 31, 2016
Notes Tables  
Condensed Balance Sheet [Table Text Block]
 
 
20
16
 
  
2015
  
ASSETS
 
 
 
 
 
 
 
 
                 
Cash
 
$
2,307,008
 
   $
4,100,860
  
Premises and Equipment, Net
 
 
1,074,884
 
    
1,134,524
  
Investment in Subsidiary, at Equity
 
 
114,478,277
 
    
114,677,455
  
Other
 
 
20,990
 
    
170,801
  
                 
Total
Assets
 
$
117,881,159
 
   $
120,083,640
  
                 
                 
LIABILITIES
AND
STOCKHOLDERS
’
EQUITY
 
 
 
 
 
 
 
 
                 
Liabilities
 
 
 
 
 
 
 
 
Dividends Payable
 
$
105,300
 
   $
202,736
  
Other
 
 
159,126
 
    
195,282
  
                 
 
 
$
264,426
 
    
398,018
  
                 
Subordinated Debt
 
 
24,229,000
 
    
24,229,000
  
                 
Stockholders
’
Equity
 
 
 
 
 
 
 
 
Preferred Stock, Stated Value $1,000; 10,000,000 Shares
Authorized, 9,360 and 18,021 Shares Issued and Outstanding
as of December 31, 2016 and 2015
 
 
9,360,000
 
    
18,021,000
  
Common Stock, Par Value $1; 20,000,000 Shares Authorized,
8,439,258 Shares Issued and Outstanding as of
December 31, 2016 and 2015
 
 
8,439,258
 
    
8,439,258
  
Paid-In Capital
 
 
29,145,094
 
    
29,145,094
  
Retained Earnings
 
 
51,465,521
 
    
44,285,621
  
Accumulated Other Comprehensive Loss, Net of Tax
 
 
(5,022,140
)
    
(4,434,351
 )
                 
 
 
 
93,387,733
 
    
95,456,622
  
                 
Total
Liabilities
and
Stockholders
’
Equity
 
$
117,881,159
 
   $
120,083,640
  
Condensed Income Statement [Table Text Block]
 
 
20
16
 
  
2015
    
2014
  
                         
Income
 
 
 
 
 
 
 
 
 
 
 
 
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
  
                         
Expenses
 
 
 
 
 
 
 
 
 
 
 
 
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
  
Condensed Statement of Comprehensive Income [Table Text Block]
 
 
20
16
 
  
2015
    
2014
  
                         
Net Income
 
$
8,673,210
 
   $
8,372,697
     $
7,531,625
  
                         
Other
Comprehensive
Income
(Loss)
 
 
 
 
 
 
 
 
 
 
 
 
                         
Gains (Losses) on Securities Arising During the Year
 
 
(505,367
)
    
610,689
      
6,432,906
  
Tax Effect
 
 
171,825
 
    
(207,634
 )    
(2,187,189
 )
                         
Realized (Gains) Losses on Sale of AFS Securities
 
 
(385,223
)
    
11,466
      
(23,735
 )
Tax Effect
 
 
130,976
 
    
(3,898
 )    
8,070
  
                         
Impairment Loss on Securities
 
 
-
 
    
-
     
-
 
Tax Effect
 
 
-
 
    
-
     
-
 
                         
Change in Unrealized Gains (Losses) on Securities
Available for Sale, Net of Reclassification
Adjustment and Tax Effects
 
 
(587,789
)
    
410,623
      
4,230,052
  
                         
Comprehensive
Income
 
$
8,085,421
 
   $
8,783,320
     $
11,761,677
  
Condensed Cash Flow Statement [Table Text Block]
 
 
20
16
 
  
2015
    
2014
  
                         
Cash
Flows
from
Operating
Activities
 
 
 
 
 
 
 
 
 
 
 
 
Net Income
 
$
8,673,210
 
   $
8,372,697
     $
7,531,625
  
Adjustments to Reconcile Net Income to
Net Cash Provided by Operating Activities
                        
Depreciation and Amortization
 
 
66,476
 
    
73,999
      
75,347
  
Equity in Undistributed
Earnings of Subsidiary
 
 
(388,611
)
    
-
     
-
 
Dividends Received in Excess of
Earnings of Subsidiary
 
 
-
 
    
800,116
      
3,722,970
  
Change in Interest Payable
 
 
5,367
 
    
23,072
      
(1,069,695
 )
Other
 
 
108,288
 
    
1,555,482
      
(437,115
 )
                         
 
 
 
8,464,730
 
    
10,825,366
      
9,823,132
  
                         
Cash
Flows
from
Investing
Activities
 
 
 
 
 
 
 
 
 
 
 
 
Purchases of Premises and Equipment
 
 
(6,836
)
    
(8,884
 )    
(2,020
 )
                         
Cash
Flows
from
Financing
Activities
 
 
 
 
 
 
 
 
 
 
 
 
Dividends Paid on Preferred Stock
 
 
(1,590,746
)
    
(2,487,274
 )    
(5,492,749
 )
Redemption of Preferred Stock
 
 
(8,661,000
)
    
(9,979,000
 )    
-
 
                         
 
 
 
(10,251,746
)
    
(12,466,274
 )    
(5,492,749
 )
                         
Increase
(Decrease)
in
Cash
 
 
(1,793,852
)
    
(1,649,792
 )    
4,328,363
  
                         
Cash,
Beginning
 
 
4,100,860
 
    
5,750,652
      
1,422,289
  
                         
Cash,
Ending
 
$
2,307,008
 
   $
4,100,860
     $
5,750,652