XML 134 R118.htm IDEA: XBRL DOCUMENT v3.19.1
Note 23 - Financial Information of Colony Bankcorp, Inc. (Parent Only) - Statements of Cash Flows, Parent Company (Details) - USD ($)
3 Months Ended 12 Months Ended
Jun. 05, 2018
Jun. 30, 2018
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities          
Net Income     $ 11,917,400 $ 7,750,978 $ 8,673,210
Adjustments to Reconcile Net Income to Net Cash Provided from Operating Activities          
Share-based Compensation Expense     13,890
Interest Payable     38,573 21,188 (46,284)
    14,911,237 12,545,135 13,388,491
Cash Flows from Investing Activities          
Purchase of Premises and Equipment     (2,762,585) (1,344,898) (3,259,859)
Cash Flows from Financing Activities          
Proceeds from Other Borrowed Money     44,007,500 10,015,500 10,000,000
Principal Payments on Other Borrowed Money     (47,507,500) (8,515,500) (4,000,000)
Dividends Paid on Common Stock     (1,688,417) (843,934)
Dividends Paid on Preferred Stock     (315,900) (1,590,746)
Repurchase of Warrants $ (3,175,000) $ (3,200,000) (3,175,000)
Redemption of Preferred Stock     (9,360,000) (8,661,000)
    (3,255,863) 14,609,043 28,550,546
Increase (Decrease) in Cash     (12,768,260) (5,676,968) 6,565,458
Parent Company [Member]          
Cash Flows from Operating Activities          
Net Income     11,917,400 7,750,978 8,673,210
Adjustments to Reconcile Net Income to Net Cash Provided from Operating Activities          
Depreciation and Amortization     84,848 70,183 66,476
Share-based Compensation Expense     13,890
Earnings of Subsidiary     (5,205,859) (159,193) (388,611)
Interest Payable     2,450 17,887 5,367
Other     (239,515) 38,135 108,288
    6,573,214 7,717,990 8,464,730
Cash Flows from Investing Activities          
Purchase of Premises and Equipment     (183,228) (94,925) (6,836)
Cash Flows from Financing Activities          
Proceeds from Other Borrowed Money     7,500 5,000,000
Principal Payments on Other Borrowed Money     (1,507,500) (3,500,000)
Dividends Paid on Common Stock     (1,688,417) (843,934)
Dividends Paid on Preferred Stock     (315,900) (1,590,746)
Repurchase of Warrants     (3,175,000)
Redemption of Preferred Stock     (9,360,000) (8,661,000)
    (6,363,417) (9,019,834) (10,251,746)
Increase (Decrease) in Cash     26,569 (1,396,769) (1,793,852)
Cash, Beginning     910,239 2,307,008 4,100,860
Cash, Ending     $ 936,808 $ 910,239 $ 2,307,008