Colony Bank in Fitzgerald, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Colony Bank in Fitzgerald, Georgia (GA)
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Colony Bank - Overview

  • General
  • FDIC Certificate #: 22257
    Status: Active
    Federal Reserve ID: 491934
    Bank Holding Company (Regulatory Top Holder): Colony Bankcorp, Inc. (RSSDID: 1085170, Location: Fitzgerald, GA)
    Date Established: April 15, 1976
    WWW: http://www.colonybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 29 (Domestic: 29, Interstate: No)
    FDIC's unique #: 15471
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: April 15, 1976
    Last Structure Change Effective Date: April 20, 2011
    Last Structure Change Process Date: April 20, 2011
    Last Data Update: April 20, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 302 South Main Street, Fitzgerald, GA 31750
    County: Ben Hill
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Albany Ga
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Fitzgerald, GA (#22340)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $1,192.8 mil
    Equity capital: $117.6 mil
    Deposits held in domestic offices: $1,001.0 mil
    Return on assets (ROA): 0.28% ($3.3 mil)
    Quarterly return on assets: 0.20% ($2.4 mil)
    Return on Equity (ROE): 2.95% ($3.5 mil)
    Quarterly return on equity: 1.94% ($2.3 mil)
    Net income: $3.4 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.41% ($4,890.6 mil)
    Quarterly Pretax return on assets: 0.28% ($3,339.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 293Total employees (full-time equivalent)
  • $1,192,832Total assets
  • $57,338Cash and due from depository institutions
  • $28,957Interest-bearing balances
  • $303,937Securities
  • $54,991Federal funds sold & reverse repurchase agreements
  • $700,614Net loans & leases
  • $15,650Loan loss allowance
  • $0Trading account assets
  • $24,372Bank premises and fixed assets
  • $20,445Other real estate owned
  • $259Goodwill and other intangibles
  • $1,192,832Life insurance assets
  • $30,876All other assets
  • $1,075,272Total liabilities and capital
  • $1,001,037Total liabilities
  • $973,738Total deposits
  • $1,001,037Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $71,000Trading liabilities
  • $0Other borrowed funds
  • $3,235Subordinated debt
  • $117,560All other liabilities
  • $117,560Total equity capital
  • $117,560Total bank equity capital
  • $0Perpetual preferred stock
  • $900Common stock
  • $95,582Surplus
  • $21,078Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $38,837Income earned, not collected on loans
  • $2,063Earning assets
  • $5,465Long-term assets (5+ years)
  • $1,088,499Average Assets, year-to-date
  • $235,434Average Assets, quarterly
  • $1,208,835Volatile liabilities
  • $1,167,915Insider loans
  • $719,797FHLB advances
  • $1,152,917Loans and leases held for sale
  • $3,416Unused loan commitments
  • $3,416Tier 1 (core) risk-based capital
  • $108,163Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $39,966Restructured Loans and leases
  • $8,105Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $51,793Total interest income
  • $16,311Total interest expense
  • $35,482Net interest income
  • $8,250Provision for loan and lease losses
  • $4,484Total noninterest income
  • $0Fiduciary activities
  • $3,245Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,239Additional noninterest income
  • $29,720Total noninterest expense
  • $14,403Salaries and employee benefits
  • $3,885Premises and equipment expense
  • $11,432Additional noninterest expense
  • $1,996Pre-tax net operating income
  • $2,924Securities gains (losses)
  • $1,530Applicable income taxes
  • $3,390Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,390Net income attributable to bank
  • $0Net charge-offs
  • $3,390Cash dividends
  • $20,880Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.66%Yield on earning assets
  • 1.47%Cost of funding earning assets
  • 3.19%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 2.67%Noninterest expense to earning assets
  • 0.11%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 2.95%Return on equity (ROE)
  • 2.95%Retained earnings to average equity (YTD only)
  • 2.74%Net charge-offs to loans
  • 39.51%Credit loss provision to net charge-offs
  • 0.49%Efficiency ratio
  • 74,273Assets per employee
  • 4.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.18%Loss allowance to noncurrent loans
  • 40.30%Noncurrent assets plus other real estate owned to assets
  • 4.98%Noncurrent loans to loans
  • 5.42%Net loans and leases to deposits
  • 69.99%Net loans and leases to core deposits
  • 74.72%Equity capital to assets
  • 9.86%Core capital (leverage) ratio
  • 9.38%Tier 1 risk-based capital ratio
  • 15.03%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $1,208,835Average earning assets
  • $115,025Average equity
  • $1,112,620Average loans

List of branches

  • 29 Georgia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015471Colony Bank302 South Main Street, Fitzgerald, GA 31750April 15, 1976Full Service Brick and Mortar
    1254299Southside BranchU.S. Highway 129 And Roanoke Drive, Fitzgerald, GA 31750December 01, 1977Limited Service Facility
    3365397Warner Robbins Branch1290 South Houston Lake Road, Warner Robins, GA 31095July 26, 2001Full Service Brick and Mortar
    4453961Gunn Road Branch200 Gunn Road, Centerville, GA 31028December 29, 2005Full Service Brick and Mortar
    55106Colony Bank Ashburn Branch515 East Washington Avenue, Ashburn, GA 31714July 02, 1900Full Service Brick and Mortar
    6217737East Ashburn Branch416 East Washington Street, Ashburn, GA 31714November 10, 1986Limited Service Facility
    7217739Colony Branch2609 Ledo Road, Albany, GA 31707September 23, 1996Full Service Brick and Mortar
    8217740Cordele Branch1031 East 24th Avenue, Cordele, GA 31015October 04, 1999Full Service Brick and Mortar
    9357226Colony Branch137 Robert B Lee Drive, Leesburg, GA 31763November 01, 1999Full Service Brick and Mortar
    1043528Thomaston Branch206 North Church Street, Thomaston, GA 30286January 01, 1929Full Service Brick and Mortar
    11429944Colony Bank Chehaw Branch716 Philema Road, Albany, GA 31701March 15, 2004Full Service Brick and Mortar
    12466116Colony Bank Columbus Branch1581 Bradley Park Drive, Columbus, GA 31904July 01, 2006Full Service Brick and Mortar
    136428Colony Bank Wilcox Branch209 First Avenue, Rochelle, GA 31079June 01, 1906Full Service Brick and Mortar
    14221759Pitts Branch105 South Eighth Street, Pitts, GA 31072August 18, 1989Full Service Brick and Mortar
    1513586Colony Bank Of Dodge County Branch5510 Oak Street, Eastman, GA 31023January 01, 1934Full Service Brick and Mortar
    16249542Main Street Branch102 Main St E, Chester, GA 31012Febuary 14, 1994Full Service Brick and Mortar
    17358816Soperton Branch310 Main Street, West, Soperton, GA 30457October 23, 2000Full Service Brick and Mortar
    1813452Colony Bank Southeast Branch103 Alabama Street, Broxton, GA 31519July 01, 1946Full Service Brick and Mortar
    19249151South Perimeter Branch1351 Southeast Bowens Mill Road, Douglas, GA 31533September 08, 1999Full Service Brick and Mortar
    20294926Douglas Office675 West Ward Street, Douglas, GA 31533September 08, 1999Full Service Brick and Mortar
    21445009Savannah Branch7011 Hodgson Memorial Drive, Savannah, GA 31406September 19, 2005Full Service Brick and Mortar
    2244926Colony Bank Worth Branch601 North Main Street, Sylvester, GA 31791June 22, 1981Full Service Brick and Mortar
    23286793Tift Branch605 West 2nd Street, Tifton, GA 31793June 15, 1998Full Service Brick and Mortar
    24358809Moultrie Branch621 East By-Pass N.E., Moultrie, GA 31768August 01, 2000Full Service Brick and Mortar
    25432350Colony Village Center Branch1909 Highway 82 West, Tifton, GA 31794August 11, 2004Full Service Brick and Mortar
    2642557Colony Bank Quitman, Fsb Branch602 E Screven Street, Quitman, GA 31643June 22, 1936Full Service Brick and Mortar
    27441342Valdosta Branch3774 Old U.S. Highway 41 North, Valdosta, GA 31602May 23, 2005Full Service Brick and Mortar
    28445604North Ashley Street Branch2910-N North Ashley Street, Valdosta, GA 31602March 13, 2003Full Service Brick and Mortar
    29492731Savannah Highway 17 Branch5987 Ogeechee Road, Savannah, GA 31419October 01, 2008Full Service Brick and Mortar

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