Colony Bankcorp, Inc. (CBAN) 10-Year Financial Performance & Capital Metrics

CBAN • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingSoutheast Community Banks

AboutColony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and consumer customers. The company offers various deposit products, including demand, savings, and time deposits. It also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans. In addition, the company offers internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, and remote depository products, as well as access to a network of ATMs. As of January 20, 2022, it operated 39 locations throughout Georgia. The company was founded in 1975 and is headquartered in Fitzgerald, Georgia.Show more

Net Interest Income $76M -2.8%
Total Revenue $177M +10.0%
Net Income $24M +9.8%
Return on Equity 8.95% -0.2%
Net Interest Margin 2.45% -4.5%
Efficiency Ratio 46.9% -9.3%
ROA 0.77% +6.7%
Equity / Assets 8.96% +7.3%
Book Value per Share 15.87 +9.4%
Tangible BV/Share 12.92 +12.5%
Debt/Equity 0.89 -4.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 18.5%
✓Efficient operations: 46.9% efficiency ratio
✓Healthy dividend yield of 2.5%
✓Trading near 52-week high
✓Trading at only 1.1x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y12.6%

5Y18.85%

3Y18.23%

TTM-

Profit (Net Income) CAGR

10Y12.23%

5Y18.51%

3Y8.55%

TTM26.36%

EPS CAGR

10Y9.09%

5Y3.96%

3Y-6.43%

TTM27.2%

ROCE

10Y Avg6.96%

5Y Avg6.06%

3Y Avg5.79%

Latest5.63%

Peer Comparison

Southeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FFINFirst Financial Bankshares, Inc.	4.55B	31.77	20.37	18.79%	30.24%	14.14%	6.44%	0.12
FHNFirst Horizon Corporation	11.86B	24.09	17.71	4.71%	15.7%	9.58%	10.32%	0.50
SNVSynovus Financial Corp.	6.95B	50.05	16.52	1.16%	14.09%	13.7%	11.01%	0.35
AUBAtlantic Union Bankshares Corporation	5.22B	36.65	16.36	28.8%	15.53%	4.22%	5.76%	0.17
PNFPPinnacle Financial Partners, Inc.	14.31B	95.25	15.98	15.32%	16.65%	9.1%	5.64%	0.39
UCBUnited Community Banks, Inc.	3.95B	32.48	15.92	14.65%	17.05%	8.83%	7.67%	0.13
CADECadence Bank	8.05B	43.22	15.60	32.37%	18.03%	9.08%	9.64%	0.01
CFRCullen/Frost Bankers, Inc.	8.63B	134.94	15.21	7.69%	20.44%	14.28%	9.99%	1.18

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	37.58M	37.97M	38.89M	40.61M	47.85M	55.24M	66.19M	80.67M	78.24M	76.08M
NII Growth %	-0.01%	0.01%	0.02%	0.04%	0.18%	0.15%	0.2%	0.22%	-0.03%	-0.03%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	44.15M	44.46M	45.77M	48.84M	60.25M	63.13M	70.59M	91.49M	124.92M	137.24M
Interest Expense	6.57M	6.48M	6.87M	8.22M	12.64M	7.88M	4.4M	10.87M	46.67M	61.16M
Loan Loss Provision	865.75K	1.06M	390K	201K	1.1M	6.56M	700K	3.37M	3.6M	3.05M
Non-Interest Income+	9.17M	9.68M	9.88M	9.81M	14.24M	24.24M	36.29M	35.07M	35.63M	39.38M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	53.32M	54.14M	55.65M	58.64M	74.49M	87.37M	106.88M	126.56M	160.55M	176.62M
Revenue Growth %	-0.01%	0.02%	0.03%	0.05%	0.27%	0.17%	0.22%	0.18%	0.27%	0.1%
Non-Interest Expense	33.72M	34.07M	33.86M	35.3M	48.14M	58.3M	78.63M	89.47M	83.06M	82.83M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	12.16M	12.52M	14.53M	14.92M	12.61M	14.63M	23.15M	22.85M	27.21M	29.57M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.13%	0.03%	0.16%	0.03%	-0.15%	0.16%	0.58%	-0.01%	0.19%	0.09%
Pretax Income+	12.16M	12.52M	14.53M	14.92M	12.61M	14.63M	23.15M	22.85M	27.21M	29.57M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	3.79M	3.85M	6.78M	3M	2.4M	2.81M	4.5M	3.31M	5.47M	5.7M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	8.37M	8.67M	7.75M	11.92M	10.21M	11.81M	18.66M	19.54M	21.75M	23.87M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.11%	0.04%	-0.11%	0.54%	-0.14%	0.16%	0.58%	0.05%	0.11%	0.1%
Net Income (Continuing)	8.37M	8.67M	7.75M	11.92M	10.21M	11.81M	18.66M	19.54M	21.75M	23.87M
EPS (Diluted)+	0.71	0.84	0.87	1.40	1.12	1.24	1.66	1.14	1.24	1.36
EPS Growth %	0.25%	0.18%	0.04%	0.61%	-0.2%	0.11%	0.34%	-0.31%	0.09%	0.1%
EPS (Basic)	0.71	0.85	0.89	1.41	1.12	1.24	1.66	1.14	1.24	1.36
Diluted Shares Outstanding	8.46M	8.51M	8.63M	8.54M	9.13M	9.5M	11.25M	17.19M	17.58M	17.56M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	60.87M	75.17M	57.81M	10.38M	15.57M	17.22M	18.98M	20.58M	25.34M	26.05M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	1.05B	1.07B	1.11B	1.13B	1.32B	1.48B	2.32B	2.65B	2.77B	2.68B
Investments Growth %	0.03%	0.02%	0.04%	0.02%	0.17%	0.12%	0.56%	0.14%	0.04%	-0.03%
Long-Term Investments	749.67M	745M	757.28M	777.23M	976.32M	1.1B	1.38B	2.22B	2.36B	2.64B
Accounts Receivables	0	0	0	0	0	0	0	0	0	0
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	202.24K	16.48M	15.99M	52.91M	48.92M	48.92M	48.92M
Intangible Assets	116.26K	80.52K	44.77K	556.57K	3.06M	2.27M	7.39M	5.66M	4.19M	2.98M
PP&E (Net)	26.45M	27.97M	27.64M	28.83M	32.48M	32.06M	43.03M	41.61M	39.87M	37.83M
Other Assets	40.88M	38.57M	35.73M	78.15M	122.58M	212.43M	250.38M	140.67M	143.35M	294.51M
Total Current Assets	357.02M	398.82M	412.06M	363.44M	362.9M	398.03M	957.14M	453.14M	432.72M	64.84M
Total Non-Current Assets	817.13M	811.62M	820.7M	888.43M	1.15B	1.37B	1.73B	2.48B	2.62B	3.04B
Total Assets+	1.17B	1.21B	1.23B	1.25B	1.52B	1.76B	2.69B	2.94B	3.05B	3.11B
Asset Growth %	0.02%	0.03%	0.02%	0.02%	0.21%	0.16%	0.53%	0.09%	0.04%	0.02%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	64.23M	70.23M	71.73M	68.23M	85.79M	60.29M	88.45M	203.35M	238.44M	248.04M
Net Debt	3.36M	-4.94M	13.92M	57.85M	70.22M	43.07M	69.47M	182.77M	213.11M	221.99M
Long-Term Debt	64.23M	70.23M	71.73M	68.23M	80.48M	54.98M	83.14M	203.35M	238.44M	248.04M
Short-Term Debt	0	0	0	0	5.31M	5.31M	5.31M	0	0	0
Other Liabilities	2.91M	2.47M	2.72M	2.83M	5.27M	114.17M	10.95M	11.95M	15.25M	15.13M
Total Current Liabilities	1.01B	1.04B	1.07B	1.09B	1.3B	1.45B	2.38B	2.49B	2.54B	2.57B
Total Non-Current Liabilities	67.14M	72.7M	74.45M	71.06M	85.75M	169.15M	94.09M	215.31M	253.7M	263.16M
Total Liabilities	1.08B	1.12B	1.14B	1.16B	1.38B	1.62B	2.47B	2.71B	2.8B	2.83B
Total Equity+	95.46M	93.39M	90.32M	95.69M	130.51M	144.49M	217.71M	230.27M	254.94M	278.68M
Equity Growth %	-0.04%	-0.02%	-0.03%	0.06%	0.36%	0.11%	0.51%	0.06%	0.11%	0.09%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.09%	0.09%	0.08%	0.13%	0.09%	0.09%	0.1%	0.09%	0.09%	0.09%
Book Value per Share	11.29	10.97	10.46	11.21	14.29	15.21	19.34	13.39	14.50	15.87
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	8.44M	8.44M	8.44M	8.45M	9.5M	9.5M	13.67M	17.6M	17.56M	17.52M
Additional Paid-in Capital	29.14M	29.14M	29.14M	25.98M	43.67M	43.22M	111.02M	167.54M	168.61M	168.35M
Retained Earnings	44.29M	51.47M	59.23M	69.46M	76.98M	84.99M	99.19M	111.57M	124.4M	140.37M
Accumulated OCI	-4.43M	-5.02M	-6.49M	-8.19M	362K	6.78M	-6.18M	-66.44M	-55.64M	-47.57M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	18.02M	9.36M	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	14.07M	13.39M	12.55M	14.91M	3.88M	-19.09M	36.1M	49.74M	20.98M	23.4M
Operating CF Growth %	-0.05%	-0.05%	-0.06%	0.19%	-0.74%	-5.92%	2.89%	0.38%	-0.58%	0.12%
Net Income	8.37M	8.67M	7.75M	11.92M	10.21M	11.81M	18.66M	19.54M	21.75M	23.87M
Depreciation & Amortization	3.45M	3.22M	3.1M	1.83M	2.9M	5.86M	8.63M	11.63M	8.7M	8.13M
Deferred Taxes	625.44K	222.12K	2.83M	273.18K	0	0	-2.74M	1.13M	-485K	755K
Other Non-Cash Items	1.64M	830.12K	-1.16M	609.82K	-10.22M	-38.21M	13.08M	23.64M	-7.58M	-8.64M
Working Capital Changes	-28.04K	443.71K	28K	268K	953K	1.41M	-2.12M	-7.95M	-3.1M	-2.01M
Cash from Investing+	-56.2M	-35.37M	-32.83M	-9.32M	6.75M	-130.27M	-208.33M	-448.23M	-98.75M	101.16M
Purchase of Investments	-102.34M	-109.63M	-87.16M	-63.68M	-72.48M	-181.69M	-470M	-174.22M	-3.92M	-56.62M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	-10.04M	-467K	0	33.3M	0	0	0
Other Investing	-30.38M	-2.56M	1.09M	5.48M	-55.65M	-99.41M	33.06M	-401.8M	-148.29M	38.44M
Cash from Financing+	19.78M	28.55M	14.61M	-3.25M	33.26M	228.77M	185.95M	281.93M	80.41M	23.15M
Dividends Paid	-2.49M	-1.59M	-1.16M	-1.69M	-2.69M	-3.8M	-4.46M	-7.16M	-7.72M	-7.9M
Share Repurchases	0	0	0	0	0	0	0	0	-406K	-1.3M
Stock Issued	0	0	0	0	0	0	0	59.47M	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	0	1000K	1000K	-1000K	1000K	1000K	-1000K	1000K	1000K	1000K
Other Financing	32.25M	32.8M	23.63M	1.93M	19.39M	151.28M	298.21M	115.62M	53.54M	22.86M
Net Change in Cash+	-22.35M	6.57M	-5.68M	2.34M	43.94M	79.41M	13.73M	-116.55M	2.64M	147.71M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	44.6M	22.26M	28.82M	57.81M	60.16M	104.09M	183.51M	197.23M	80.68M	83.32M
Cash at End	22.26M	28.82M	23.15M	60.16M	104.09M	183.51M	197.23M	80.68M	83.32M	231.03M
Interest Paid	0	0	0	8.2M	12.24M	7.82M	4.39M	10.22M	44.85M	61.75M
Income Taxes Paid	0	0	0	2.69M	2M	2.45M	3.86M	3.84M	5.21M	4.72M
Free Cash Flow+	10.88M	10.13M	11.2M	12.15M	392K	-23.34M	30.27M	46.85M	17.36M	22.32M
FCF Growth %	-0.17%	-0.07%	0.11%	0.09%	-0.97%	-60.53%	2.3%	0.55%	-0.63%	0.29%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	8.61%	9.19%	8.44%	12.81%	9.03%	8.59%	10.3%	8.72%	8.96%	8.95%
Return on Assets (ROA)	0.72%	0.73%	0.63%	0.96%	0.74%	0.72%	0.84%	0.69%	0.73%	0.77%
Net Interest Margin	3.2%	3.14%	3.16%	3.24%	3.16%	3.13%	2.46%	2.75%	2.56%	2.45%
Efficiency Ratio	63.25%	62.93%	60.84%	60.19%	64.62%	66.73%	73.57%	70.7%	51.74%	46.9%
Equity / Assets	8.13%	7.72%	7.33%	7.64%	8.61%	8.19%	8.09%	7.84%	8.35%	8.96%
Book Value / Share	11.29	10.97	10.46	11.21	14.29	15.21	19.34	13.39	14.5	15.87
NII Growth	-0.7%	1.04%	2.42%	4.41%	17.82%	15.46%	19.81%	21.88%	-3.01%	-2.77%
Dividend Payout	-	-	10.89%	14.16%	26.36%	32.16%	23.92%	36.63%	35.51%	33.09%

Revenue by Segment

	2020	2021	2022	2023	2024
Mortgage Banking	5.29M	6.21M	7.88M	8.73M	9.37M
Mortgage Banking Growth	-	17.38%	26.75%	10.92%	7.21%
Credit Card	4.99M	6.93M	8.38M	8.46M	8.3M
Credit Card Growth	-	38.91%	20.96%	0.94%	-1.90%
Bank Servicing	9.15M	13.21M	8.55M	6.13M	6.05M
Bank Servicing Growth	-	44.42%	-35.29%	-28.29%	-1.35%

Frequently Asked Questions

Valuation & Price

Colony Bankcorp, Inc. (CBAN) has a price-to-earnings (P/E) ratio of 13.3x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Colony Bankcorp, Inc. (CBAN) grew revenue by 10.0% over the past year. This is steady growth.

Yes, Colony Bankcorp, Inc. (CBAN) is profitable, generating $27.8M in net income for fiscal year 2024 (13.5% net margin).

Dividend & Returns

Yes, Colony Bankcorp, Inc. (CBAN) pays a dividend with a yield of 2.49%. This makes it attractive for income-focused investors.

Colony Bankcorp, Inc. (CBAN) has a return on equity (ROE) of 8.9%. This is below average, suggesting room for improvement.

Industry Metrics

Colony Bankcorp, Inc. (CBAN) has a net interest margin (NIM) of 2.4%. NIM has been under pressure due to interest rate environment.

Colony Bankcorp, Inc. (CBAN) has an efficiency ratio of 46.9%. This is excellent, indicating strong cost control.

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