Colony Bankcorp Files 8-K on Officer/Director Changes
Ticker: CBAN · Form: 8-K · Filed: Sep 13, 2024 · CIK: 711669
| Field | Detail |
|---|---|
| Company | Colony Bankcorp Inc (CBAN) |
| Form Type | 8-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1.00, $365,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, director-changes, financial-statements
Related Tickers: CBAN
TL;DR
Colony Bankcorp (CBAN) filed an 8-K detailing leadership changes and financial updates.
AI Summary
Colony Bankcorp, Inc. filed an 8-K on September 13, 2024, reporting on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. The filing also includes financial statements and exhibits.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of corporate governance and financial information, not indicating immediate operational or financial distress.
Key Players & Entities
- COLONY BANKCORP, INC. (company) — Registrant
- September 13, 2024 (date) — Date of earliest event reported
FAQ
What specific officer or director positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers' but does not specify individual names or positions within the provided text.
Are there any new financial statements included with this 8-K filing?
Yes, the filing explicitly states 'Financial Statements and Exhibits' are included.
What is the primary business of Colony Bankcorp, Inc.?
Colony Bankcorp, Inc. is classified under 'STATE COMMERCIAL BANKS' with SIC code 6022.
In which state is Colony Bankcorp, Inc. incorporated?
Colony Bankcorp, Inc. is incorporated in Georgia.
What is the principal executive office address for Colony Bankcorp, Inc.?
The principal executive offices are located at 115 South Grant Street, Fitzgerald, Georgia 31750.
Filing Stats: 876 words · 4 min read · ~3 pages · Grade level 11.6 · Accepted 2024-09-13 16:30:16
Key Financial Figures
- $1.00 — ich registered Common stock, par value $1.00 per share CBAN The NASDAQ Stock Market
- $365,000 — d provides for an annual base salary of $365,000 per year. Mr. Copeland will have an opp
Filing Documents
- cban-20240913.htm (8-K) — 27KB
- exhibit1018kempagmt.htm (EX-10.1) — 144KB
- 0000711669-24-000111.txt ( ) — 322KB
- cban-20240913.xsd (EX-101.SCH) — 2KB
- cban-20240913_lab.xml (EX-101.LAB) — 21KB
- cban-20240913_pre.xml (EX-101.PRE) — 12KB
- cban-20240913_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 10.1 Employment Agreement between Colony Bank and R. Dallis Copeland, Jr. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COLONY BANKCORP, INC. Date: September 13, 2024 By: /s/ T. Heath Fountain T. Heath Fountain Chief Executive Officer