XML 123 R109.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 21 - Financial Information of Colony Bankcorp, Inc. (Parent Only) - Statements of Cash Flows, Parent Company (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities      
Net Income $ 7,750,978 $ 8,673,210 $ 8,372,697
Adjustments to Reconcile Net Income to Net Cash Provided from Operating Activities      
Interest Payable 21,188 (46,284) 32,253
12,545,135 13,388,491 14,067,287
Cash Flows from Investing Activities      
Purchase of Premises and Equipment (1,344,898) (3,259,859) (3,189,969)
Cash Flows from Financing Activities      
Proceeds from Other Borrowed Money 10,015,500 10,000,000 27,000,000
Principal Payments on Other Borrowed Money (8,515,500) (4,000,000) (27,000,000)
Dividends Paid on Common Stock (843,934)
Dividends Paid on Preferred Stock (315,900) (1,590,746) (2,487,274)
Redemption of Preferred Stock (9,360,000) (8,661,000) (9,979,000)
14,609,043 28,550,546 19,784,488
Increase (Decrease) in Cash (5,676,968) 6,565,458 (22,348,286)
Parent Company [Member]      
Cash Flows from Operating Activities      
Net Income 7,750,978 8,673,210 8,372,697
Adjustments to Reconcile Net Income to Net Cash Provided from Operating Activities      
Depreciation and Amortization 70,183 66,476 73,999
Equity in Undistributed Earnings of Subsidiary (159,193) (388,611)
Dividends Received in Excess of Earnings of Subsidiary 800,116
Interest Payable 17,887 5,367 23,072
Other 38,135 108,288 1,555,482
7,717,990 8,464,730 10,825,366
Cash Flows from Investing Activities      
Purchase of Premises and Equipment (94,925) (6,836) (8,884)
Cash Flows from Financing Activities      
Proceeds from Other Borrowed Money 5,000,000
Principal Payments on Other Borrowed Money (3,500,000)
Dividends Paid on Common Stock (843,934)
Dividends Paid on Preferred Stock (315,900) (1,590,746) (2,487,274)
Redemption of Preferred Stock (9,360,000) (8,661,000) (9,979,000)
(9,019,834) (10,251,746) (12,466,274)
Increase (Decrease) in Cash (1,396,769) (1,793,852) (1,649,792)
Cash, Beginning 2,307,008 4,100,860 5,750,652
Cash, Ending $ 910,239 $ 2,307,008 $ 4,100,860