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CBAN (Colony Bankcorp) Credit Losses Provision : $3.6 Mil (As of Mar. 2025)


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What is Colony Bankcorp Credit Losses Provision?

Colony Bankcorp's credit losses provision for the three months ended in Mar. 2025 was $1.5 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was $3.6 Mil.

Colony Bankcorp's quarterly credit losses provision declined from Sep. 2024 ($0.8 Mil) to Dec. 2024 ($0.7 Mil) but then increased from Dec. 2024 ($0.7 Mil) to Mar. 2025 ($1.5 Mil).

Colony Bankcorp's annual credit losses provision increased from Dec. 2022 ($3.4 Mil) to Dec. 2023 ($3.6 Mil) but then declined from Dec. 2023 ($3.6 Mil) to Dec. 2024 ($3.1 Mil).


Colony Bankcorp Credit Losses Provision Historical Data

The historical data trend for Colony Bankcorp's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Colony Bankcorp Credit Losses Provision Chart

Colony Bankcorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.56 0.70 3.37 3.60 3.05

Colony Bankcorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.65 0.75 0.65 1.50

Colony Bankcorp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Colony Bankcorp Business Description

Traded in Other Exchanges
N/A
Address
115 South Grant Street, Fitzgerald, GA, USA, 31750
Colony Bankcorp Inc is a bank holding company. The bank provides a broad range of banking services to its retail and commercial customers. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and land development loans, commercial real estate loans, agri-business and production loans, residential mortgage loans, consumer loans, and a variety of demand, savings, and time deposit products. The company's segments include the Banking Division, Retail Mortgage Division and small business specialty lending divisions. It generates maximum revenue from the Banking Division.
Executives
Bateman Leonard H Jr officer: EVP & Chief Credit Officer 101 CALUMET CENTER ROAD, LAGRANGE GA 30241
T Heath Fountain director, officer: President and CEO C/O COLONY BANKCORP, INC., 115 S. GRANT ST. P.O. BOX 989, FITZGERALD GA 31750
Harold Wyatt director 115 S GRANT STREET, P. O. BOX 989, FITZGERALD GA 31750
Lee Bagwell officer: Executive VP 1000 LEE AVENUE, DOUGLAS GA 31533
Matthew D. Reed director 115 S. GRANT ST., P.O. BOX 989, FITZGERALD GA 31750
Audrey Hollingsworth director 115 S GRANT STREET, P O BOX 989, FITZGERALD GA 31750
Scott Lowell Downing director 238 NEWCOMER TRAIL, FITZGERALD GA 31750
Kimberly C. Dockery officer: Exec. Chief Admin Officer P.O. BOX 920, LEESBURG GA 31763
Copeland R Dallis Jr officer: President 115 S GRANT STREET, P O BOX 989, FITZGERALD GA 31750
Hoyle M. Edward Jr. officer: Chief Banking Officer, EVP 115 SOUTH GRANT STREET, FITZGERALD GA 31750
David Andrew Borrmann officer: EVP P.O. BOX 17465, GREENVILLE SC 29606
Meagan M. Mowry director 115 S GRANT ST., P.O. BOX 989, FITZGERALD GA 31750
Brian D Schmitt director, other: Executive Vice Chairman 115 S GRANT STREET, FITZGERALD GA 31750
Loomis Edward Percy Jr director 115 S GRANT STREET, FITZGERALD GA 31750
M Frederick Dwozan director 718 MEDICAL CENTER DRIVE, EASTMAN GA 31023-6736