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For additional information, contact:

Derek Shelnutt

EVP & Chief Financial Officer

229-426-6000, extension 6119

COLONY BANKCORP REPORTS FOURTH QUARTER 2025 RESULTS

INCREASES QUARTERLY CASH DIVIDEND TO $0.12 PER SHARE

FITZGERALD, GA. (January 28, 2026) – Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”) today reported financial results for the fourth quarter of 2025. Financial highlights are shown below.

Financial Highlights:

•Net income was $7.8 million, or $0.42 per diluted share, for the fourth quarter of 2025, compared to $5.8 million, or $0.33 per diluted share, for the third quarter of 2025, and $7.4 million, or $0.42 per diluted share, for the fourth quarter of 2024.

•Operating net income was $8.9 million, or $0.48 of adjusted earnings per diluted share, for the fourth quarter of 2025, compared to $8.2 million, or $0.47 of adjusted earnings per diluted share, for the third quarter of 2025, and $7.8 million, or $0.44 of adjusted earnings per diluted share, for the fourth quarter of 2024. (See Reconciliation of Non-GAAP Measures).

•Provision for credit losses of $1.65 million was recorded in the fourth quarter of 2025 compared to $900,000 in the third quarter of 2025, and $650,000 in the fourth quarter of 2024.

•Total loans, excluding loans held for sale, were $2.38 billion at December 31, 2025, an increase of $344.2 million, or 16.90%, from the prior quarter. Organic loan growth was 10.5% when compared to December 31, 2024 and flat compared to the prior quarter.

•Total deposits were $3.07 billion and $2.58 billion at December 31, 2025 and September 30, 2025, respectively, an increase of $483.2 million. Organic deposit growth, excluding wholesale deposits, was flat for the year and $24.3 million in the fourth quarter.

•Mortgage production was $89.5 million, and mortgage sales totaled $68.1 million in the fourth quarter of 2025 compared to $87.3 million and $65.1 million, respectively, for the third quarter of 2025.

•Small Business Specialty Lending (“SBSL”) closed $29.1 million in Small Business Administration (“SBA”) loans and sold $16.8 million in SBA loans in the fourth quarter of 2025 compared to $28.4 million and $18.2 million, respectively, for the third quarter of 2025.

The Company also announced that on January 28, 2026, the Board of Directors declared a quarterly cash dividend of $0.12 per share, to be paid on its common stock on February 25, 2026, to shareholders of record as of the close of business on February 11, 2026. The Company had 21,251,424 shares of its common stock outstanding as of January 26, 2026.

“We are pleased to deliver another consecutive quarter of improved performance and a strong finish to 2025. The discipline and effort demonstrated by our team continue to translate into solid results and steady progress toward our long-term goals,” said Heath Fountain, Chief Executive Officer. “Our results this quarter reflect the effectiveness of our strategic execution across the organization and our ability to carry that momentum into 2026.”

“We are also proud to have completed the merger with TC Federal, a significant milestone that advances our growth and expands what we can achieve together as a combined institution. We welcome our new team members and expect the planned systems conversion to fully integrate customers in the first quarter.”

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“Margin continues to expand at a steady pace and we are well positioned to see that continue over the next year. Credit quality remains stable overall, despite some quarter-to-quarter variability in the fourth quarter. The portfolio continues to reflect solid fundamentals, and we remain focused on maintaining strong credit discipline. Additionally, fourth quarter noninterest income performed well compared to the same quarter in the prior year, reflecting strength in our diversified revenue streams.

“The year ahead presents tremendous opportunities for growth and progress. We are energized by the potential to build on our accomplishments, further strengthen our business, and make a positive impact for our customers and communities.”

Balance Sheet

•Total assets were $3.74 billion at December 31, 2025, an increase of $582.7 million from September 30, 2025.

•Total loans, excluding loans held for sale, were $2.38 billion at December 31, 2025, an increase of $344.2 million from September 30, 2025.

•Total deposits were $3.07 billion and $2.58 billion at December 31, 2025 and September 30, 2025, respectively, an increase of $483.2 million. Increases were seen in interest-bearing demand deposits of $121.2 million, savings and money market deposits of $143.5 million and time deposits of $133.8 million, from September 30, 2025 to December 31, 2025. Total deposits increased $499.6 million from the period ended December 31, 2024, with increases seen in interest-bearing demand deposits of $118.5 million, savings and money market deposits of $100.2 million and time deposits of $216.4 million.

•The primary driver of increases in assets, loans held for investment, and deposits was the acquisition of TC Bancshares, Inc. (“TC Federal”) which closed on December 1, 2025.

•Total borrowings at December 31, 2025 totaled $258.1 million, an increase of $10.0 million compared to September 30, 2025.

Capital

•Colony continues to maintain a strong capital position, with ratios that exceed regulatory minimums required to be considered as “well-capitalized.”

•Under the Company’s approved stock repurchase program, a total of 46,973 shares of the Company common stock were repurchased during the fourth quarter of 2025 at an average price of $16.50 per share and a total value of $775,064 thousand.

•Preliminary tier one leverage ratio, tier one capital ratio, total risk-based capital ratio and common equity tier one capital ratio were 10.78%, 13.60%, 15.95%, and 12.68%, respectively, at December 31, 2025.

Fourth Quarter and Full Year 2025 Results of Operations

•Net interest income, on a tax-equivalent basis, totaled $26.0 million for the fourth quarter ended December 31, 2025 compared to $20.6 million for the same period in 2024. Net interest income, on a tax-equivalent basis, for the twelve months ended December 31, 2025 totaled $92.6 million, compared to $76.8 million for the twelve months ended December 31, 2024. For both periods, increases occurred in income on interest earning assets, and decreases were seen in interest bearing liabilities. Income on interest earning assets increased $4.7 million to $40.9 million for the fourth quarter of 2025 compared to the same period in 2024. Expense on interest bearing liabilities decreased $684,000 to $14.8 million for the fourth quarter of 2025 compared to the same period in 2024. Income on interest earning assets increased $12.8 million to $150.7 million for the twelve month period ended December 31, 2025 compared to the same period in 2024. Expense on interest bearing liabilities decreased $3.1 million, to $58.1 million for the twelve month period ended December 31, 2025 compared to the same period in 2024.

•Net interest margin for the fourth quarter of 2025 was 3.32% compared to 2.84% for the fourth quarter of 2024. Net interest margin was 3.14% for the twelve months ended December 31, 2025 compared to 2.72% for the twelve months ended December 31, 2024. The increase for both periods was primarily related to increases in interest earning assets period over period, partially offset by the rate decreases in interest bearing liabilities.

•Noninterest income totaled $11.0 million for the fourth quarter ended December 31, 2025, an increase of $738,000, or 7.16%, compared to the same period in 2024. Noninterest income totaled $40.3 million for the twelve months ended December 31, 2025, an increase of $905,000, or 2.30%, compared to the same period in 2024. Increases for both periods occurred in service charges on deposits, mortgage fee income, interchange fees, insurance commissions, decreases in losses on the sales of investment securities and an

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increase in wealth advisor income included in other noninterest income, partially offset by decreases in gains on sales of SBA loans.

•Noninterest expense totaled $25.7 million for the fourth quarter ended December 31, 2025, compared to $21.3 million for the same period in 2024. Noninterest expense totaled $92.5 million for the twelve months ended December 31, 2025, compared to $82.8 million for the same period in 2024. These increases were a result of increases in salaries and employee benefits, occupancy and equipment, information technology expenses, professional fees, acquisition related expenses related to the acquisition of TC Bancshares, Inc. and a loss related to a wire fraud incident included in other noninterest expense.

Asset Quality

•Nonperforming assets totaled $24.7 million and $15.2 million at December 31, 2025 and September 30, 2025, respectively, an increase of $9.5 million which includes additions from the TC Federal acquisition.

•Other real estate owned and repossessed assets totaled $1.2 million at December 31, 2025 and $870,000 at September 30, 2025.

•Net loans charged-off were $1.6 million, or 0.30% of average loans for the fourth quarter of 2025, compared to $1.8 million, or 0.36% for the third quarter of 2025.

•The credit loss reserve was $23.0 million, or 0.97% of total loans, at December 31, 2025, compared to $18.1 million, or 0.89% of total loans at September 30, 2025. The Company adopted ASU 2025-08 during the fourth quarter of 2025. The adoption permits the recognition of an initial allowance for credit losses on all loans acquired from TC Federal Bank following the merger. The estimated initial allowance for credit losses related to the TC Federal Bank acquired loan portfolio was $4.6 million.

Earnings call information

The Company will host an earnings conference call at 9:00 a.m. ET on Thursday, January 29, 2026, to discuss the recent results and answer relevant questions. The conference call can be accessed by dialing 1-800-549-8228 and using the Conference ID: 10460. A replay of the call will be available until Thursday, February 5, 2026. To listen to the replay, dial 1-888-660-6264 and entering the passcode 10460#.

About Colony Bankcorp

Colony Bankcorp, Inc. is the bank holding company for Colony Bank. Founded in Fitzgerald, Georgia in 1975, Colony operates locations throughout Georgia as well as in Birmingham, Alabama; Tallahassee, Florida; and the Florida Panhandle. Colony Bank offers a range of banking solutions for personal and business customers. In addition to traditional banking services, Colony provides specialized solutions including mortgage lending, government guaranteed lending, consumer insurance, wealth management, credit cards and merchant services. Colony’s common stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “CBAN.” For more information, please visit www.colony.bank. You can also follow the Company on social media.

Forward-Looking Statements

Certain statements contained in this press release that are not statements of historical fact constitute “forward-looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, certain statements may be contained in the Company’s future filings with the Securities and Exchange Commission (the “SEC”), in press releases, and in oral and written statements made by or with the approval of the Company that are not statements of historical fact and constitute “forward-looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, but are not limited to: (i) projections and/or expectations of revenues, income or loss, earnings or loss per share, the payment or nonpayment of dividends, capital structure and other financial items; (ii) statement of plans and objectives of Colony Bankcorp, Inc. or its management or Board of Directors, including those relating to products or services; (iii) statements of future economic performance; (iv) statements regarding growth strategy, capital management, liquidity and funding, and future profitability; (v) statements relating to the timing, benefits, costs, and synergies of the recently completed acquisition of TC Bancshares, Inc. (“TC Bancshares”) (the “Merger”), and (vi) statements of assumptions underlying such statements. Words such as “may”, “will”, “anticipate”, “assume”, “should”, “support”, “indicate”, “would”, “believe”, “contemplate”, “expect”, “estimate”, “continue”, “further”, “plan”, “point to”, “project”, “could”, “intend”, “target” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements.

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Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties. Factors that might cause such differences include, but are not limited to: the impact of current and future economic conditions, particularly those affecting the financial services industry, including the effects of declines in the real estate market, tariffs or trade wars (including the resulting reduced consumer spending, lower economic growth or recession, reduced demand for U.S. exports, disruptions to supply chains, and decreased demand for other banking products and services), high unemployment rates, inflationary pressures, changes in interest rates (including the impact of prolonged elevated interest rates on our financial projections and models) and slowdowns in economic growth, as well as the financial stress on borrowers as a result of the foregoing; the risk of reductions in benchmark interest rates and the resulting impacts on net interest income; potential impacts of adverse developments in the banking industry highlighted by high-profile bank failures, including impacts on customer confidence, deposit outflows, liquidity and the regulatory response thereto; risks arising from negative media coverage and perceived instability in the banking industry; risks arising from perceived instability in the banking sector; the risks of changes in interest rates and their effects on the level, cost, and composition of, and competition for, deposits, loan demand and timing of payments, the values of loan collateral, securities, and interest sensitive assets and liabilities; the ability to attract new or retain existing deposits, to retain or grow loans or additional interest and fee income, or to control noninterest expense; the effect of pricing pressures on the Company’s net interest margin; the failure of assumptions underlying the establishment of reserves for possible credit losses, fair value for loans and other real estate owned; changes in real estate values; the Company’s ability to implement its various strategic and growth initiatives; increased competition in the financial services industry, particularly from regional and national institutions, as well as from fintech companies; economic conditions, either nationally or locally, in areas in which the Company conducts operations being less favorable than expected; changes in the prices, values and sales volumes of residential and commercial real estate; developments in our mortgage banking business, including loan modifications, general demand, and the effects of judicial or regulatory requirements or guidance; legislation or regulatory changes which adversely affect the ability of the consolidated Company to conduct business combinations or new operations; adverse results from current or future litigation, regulatory examinations or other legal and/or regulatory actions, including as a result of the Company’s participation in and execution of government programs, those related to credit card interest rates, and legislative, regulatory or supervisory actions related to so-called “de-banking,” including any new prohibitions, requirements or enforcement priorities that could affect customer relationships, compliance obligations, or operational practices; significant turbulence or a disruption in the capital or financial markets and the effect of a fall in the stock market prices on our investment securities; the effects of war or other conflicts, including civil unrest; general risks related to the Company’s merger and acquisition activity, including risks associated with integrating and realizing the expected financial benefits of previous or pending acquisitions, and the Company’s pursuit of future acquisitions; risks associated with the recent Merger, including the risk that the cost savings and any revenue synergies may not be realized or take longer than anticipated to be realized as well as disruption with customers, suppliers, employee or other business partners relationships; the risk of successful integration of TC Bancshares’ business into the Company; the reaction of each of the Company’s and TC Bancshares’ customers, suppliers, employees or other business partners to the Merger; the risk that the integration of TC Bancshares’ operations into the operations of the Company will be materially delayed or will be more costly or difficult than expected; the timing and achievement of expected cost reductions following the Merger; the timing and achievement of the recovery of the reduction of tangible book value resulting from the Merger; general competitive, economic, political, and market conditions; the impact of emerging technologies, such as generative artificial intelligence; fraud or misconduct by internal or external actors, and system failures, cybersecurity threats or security breaches and the cost of defending against them; a deterioration of the credit rating for U.S. long-term sovereign debt, actions that the U.S. government may take to avoid exceeding the debt ceiling, and uncertainties surrounding debt ceiling and the federal budget; and general competitive, economic, political and market conditions or other unexpected factors or events. These and other factors, risks and uncertainties could cause the actual results, performance or achievements of the Company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. Many of these factors are beyond the Company’s ability to control or predict.

Forward-looking statements speak only as of the date on which such statements are made. These forward-looking statements are based upon information presently known to the Company’s management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in the Company’s filings with the Securities and Exchange Commission, the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, under the captions “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors,” and in the Company’s quarterly reports on Form 10-Q and current reports on Form 8-K. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements.

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Explanation of Certain Unaudited Non-GAAP Financial Measures

The measures entitled operating noninterest income, operating noninterest expense, operating net income, adjusted earnings per diluted share, operating return on average assets, operating return on average equity, tangible book value per common share, tangible equity to tangible assets, operating efficiency ratio, operating net noninterest expense to average assets and pre-provision net revenue are not measures recognized under U.S. generally accepted accounting principles (“GAAP”) and therefore are considered non-GAAP financial measures. The most comparable GAAP measures are noninterest income, noninterest expense, net income, diluted earnings per share, return on average assets, return on average equity, book value per common share, total equity to total assets, efficiency ratio, net noninterest expense to average assets and net interest income before provision for credit losses, respectively. Operating noninterest income excludes loss on sales of securities. Operating noninterest expense excludes acquisition-related expenses, severance costs and loss related to wire fraud incident. Operating net income, operating return on average assets, operating return on average equity and operating efficiency ratio all exclude acquisition-related expenses, severance costs, loss on sales of securities and loss related to wire fraud incident from net income, return on average assets, return on average equity and efficiency ratio, respectively. Operating net noninterest expense to average assets ratio excludes from net noninterest expense, severance costs, acquisition-related expenses, loss on sales of securities and loss related to wire fraud incident. Acquisition-related expenses includes fees associated with acquisitions and vendor contract buyouts. Severance costs includes costs associated with termination and retirement of employees. Adjusted earnings per diluted share includes the adjustments to operating net income. Tangible book value per common share and tangible equity to tangible assets exclude goodwill and other intangibles from book value per common share and total equity to total assets, respectively. Pre-provision net revenue is calculated by adding noninterest income to net interest income before provision for credit losses, and subtracting noninterest expense.

Management uses these non-GAAP financial measures in its analysis of the Company's performance and believes these presentations provide useful supplemental information, and a clearer understanding of the Company's performance, and if not provided would be requested by the investor community. The Company believes the non-GAAP measures enhance investors' understanding of the Company's business and performance. These measures are also useful in understanding performance trends and facilitate comparisons with the performance of other financial institutions. The limitations associated with operating measures are the risk that persons might disagree as to the appropriateness of items comprising these measures and that different companies might calculate these measures differently.

These disclosures should not be considered an alternative to GAAP. The computations of operating noninterest income, operating noninterest expense, operating net income, adjusted earnings per diluted share, operating return on average assets, operating return on average equity, tangible book value per common share, tangible equity to tangible assets, operating efficiency ratio, operating net noninterest expense to average assets and pre-provision net revenue and the reconciliation of these measures to noninterest income, noninterest expense, net income, diluted earnings per share, return on average assets, return on average equity, book value per common share, total equity to total assets, efficiency ratio, net noninterest expense to average assets and net interest income before provision for credit losses are set forth in the table below.

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Colony Bankcorp, Inc.
Reconciliation of Non-GAAP Measures
						2025																								2024
(dollars in thousands, except per share data)						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
Operating noninterest income reconciliation
Noninterest income (GAAP)						$	11,047					$	10,091					$	10,098					$	9,044					$	10,309
Loss on sales of securities						—						1,039						—						—						401
Operating noninterest income						$	11,047					$	11,130					$	10,098					$	9,044					$	10,710
Operating noninterest expense reconciliation
Noninterest expense (GAAP)						$	25,709					$	24,612					$	22,004					$	20,221					$	21,272
Severance costs						—						—						—						—						—
Acquisition-related expenses						(1,331)						(732)						—						—						—
Loss related to wire fraud incident						—						(1,252)						—						—						—
Operating noninterest expense						$	24,378					$	22,628					$	22,004					$	20,221					$	21,272
Operating net income reconciliation
Net income (GAAP)						$	7,843					$	5,819					$	7,978					$	6,613					$	7,432
Severance costs						—						—						—						—						—
Acquisition-related expenses						1,331						732						—						—						—
Loss related to wire fraud incident						—						1,252						—						—						—
Loss on sales of securities						—						1,039						—						—						401
Income tax benefit						(269)						(612)						—						—						(77)
Operating net income						$	8,905					$	8,230					$	7,978					$	6,613					$	7,756
Weighted average diluted shares						18,729,511						17,461,434						17,448,945						17,509,059						17,531,808
Adjusted earnings per diluted share						$	0.48					$	0.47					$	0.46					$	0.38					$	0.44
Operating return on average assets reconciliation
Return on average assets (GAAP)						0.93		%				0.75		%				1.02		%				0.85		%				0.95		%
Severance costs						—						—						—						—						—
Acquisition-related expenses						0.15						0.10						—						—						—
Loss related to wire fraud incident						—						0.16						—						—						—
Loss on sales of securities						—						0.13						—						—						0.05
Tax effect of adjustment items						(0.03)						(0.08)						—						—						(0.01)
Operating return on average assets						1.05		%				1.06		%				1.02		%				0.85		%				0.99		%
Operating return on average equity reconciliation
Return on average equity (GAAP)						9.49		%				7.80		%				11.14		%				9.63		%				10.71		%
Severance costs						—						—						—						—						—
Acquisition-related expenses						1.62						0.98						—						—						—
Loss related to wire fraud incident						—						1.68						—						—						—
Loss on sales of securities						—						1.39						—						—						0.58
Tax effect of adjustment items						(0.33)						(0.82)						—						—						(0.11)
Operating return on average equity						10.78		%				11.03		%				11.14		%				9.63		%				11.18		%

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Colony Bankcorp, Inc.
Reconciliation of Non-GAAP Measures
						2025																								2024
(dollars in thousands, except per share data)						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
Operating return on average tangible equity reconciliation
Return on average tangible equity						11.63		%				9.56		%				13.70		%				11.83		%				13.16		%
Acquisition-related expenses						1.97						1.20						—						—						—
Loss related to wire fraud incident						—						2.06						—						—						—
Loss on sales of securities						—						1.71						—						—						0.71
Tax effect of adjustment items						(0.40)						(1.01)						—						—						(0.14)
Operating return on average tangible equity						13.20		%				13.52		%				13.70		%				11.83		%				13.74		%
Tangible book value per common share reconciliation
Book value per common share (GAAP)						$	17.69					$	17.31					$	16.87					$	16.41					$	15.91
Effect of goodwill and other intangibles						(3.38)						(3.11)						(3.14)						(2.95)						(2.96)
Tangible book value per common share						$	14.31					$	14.20					$	13.73					$	13.46					$	12.95
Tangible equity to tangible assets reconciliation
Equity to assets (GAAP)						10.06		%				9.59		%				9.43		%				9.05		%				8.96		%
Effect of goodwill and other intangibles						(1.76)						(1.59)						(1.62)						(1.51)						(1.54)
Tangible equity to tangible assets						8.30		%				8.00		%				7.81		%				7.54		%				7.42		%
Operating efficiency ratio calculation
Efficiency ratio (GAAP)						69.65		%				75.06		%				67.74		%				67.41		%				69.11		%
Severance costs						—						—						—						—						—
Acquisition-related expenses						(3.61)						(1.98)						—						—						—
Loss related to wire fraud incident						—						(3.38)						—						—						—
Loss on sales of securities						—						(2.81)						—						—						(1.31)
Operating efficiency ratio						66.04		%				66.89		%				67.74		%				67.41		%				67.80		%
Operating net noninterest expense(1) to average assets calculation
Net noninterest expense to average assets						1.73		%				1.86		%				1.52		%				1.44		%				1.40		%
Severance costs						—						—						—						—						—
Acquisition-related expenses						(0.15)						(0.09)						—						—						—
Loss related to wire fraud incident						—						(0.16)						—						—						—
Loss on sales of securities						—						(0.13)						—						—						(0.05)
Operating net noninterest expense to average assets						1.58		%				1.48		%				1.52		%				1.44		%				1.35		%
Pre-provision net revenue
Net interest income before provision for credit losses						$	25,865					$	22,699					$	22,385					$	20,952					$	20,472
Noninterest income						11,047						10,091						10,098						9,044						10,309
Total income						36,912						32,790						32,483						29,996						30,781
Noninterest expense						25,709						24,612						22,004						20,221						21,272
Pre-provision net revenue						$	11,203					$	8,178					$	10,479					$	9,775					$	9,509
Operating pre-provision net revenue
Net interest income before provision for credit losses						$	25,865					$	22,699					$	22,385					$	20,952					$	20,472
Operating noninterest income						11,047						11,130						10,098						9,044						10,710
Total operating income						36,912						33,829						32,483						29,996						31,182
Operating noninterest expense						24,378						22,628						22,004						20,221						21,272
Operating pre-provision net revenue						$	12,534					$	11,201					$	10,479					$	9,775					$	9,910
(1) Net noninterest expense is defined as noninterest expense less noninterest income.

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Colony Bankcorp, Inc.
Selected Financial Information
						2025																								2024
(dollars in thousands, except per share data)						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
EARNINGS SUMMARY
Net interest income						$	25,865					$	22,699					$	22,385					$	20,952					$	20,472
Provision for credit losses						1,650						900						450						1,500						650
Noninterest income						11,047						10,091						10,098						9,044						10,309
Noninterest expense						25,709						24,612						22,004						20,221						21,272
Income taxes						1,710						1,459						2,051						1,662						1,427
Net income						$	7,843					$	5,819					$	7,978					$	6,613					$	7,432
PERFORMANCE MEASURES
Per common share:
Common shares outstanding						21,251,695						17,461,284						17,416,702						17,481,709						17,519,884
Weighted average basic shares						18,729,511						17,461,434						17,448,945						17,509,059						17,531,808
Weighted average diluted shares						18,729,511						17,461,434						17,448,945						17,509,059						17,531,808
Earnings per basic share						$	0.42					$	0.33					$	0.46					$	0.38					$	0.42
Earnings per diluted share						0.42						0.33						0.46						0.38						0.42
Adjusted earnings per diluted share(b)						0.48						0.47						0.46						0.38						0.44
Cash dividends declared per share						0.1150						0.1150						0.1150						0.1150						0.1125
Common book value per share						17.69						17.31						16.87						16.41						15.91
Tangible book value per common share(b)						14.31						14.20						13.73						13.46						12.95
Pre-provision net revenue(b)						$	11,203					$	8,178					$	10,479					$	9,775					$	9,509
PERFORMANCE RATIOS:
Net interest margin (a)						3.32		%				3.17		%				3.12		%				2.93		%				2.84		%
Return on average assets						0.93						0.75						1.02						0.85						0.95
Operating return on average assets (b)						1.05						1.06						1.02						0.85						0.99
Return on average total equity						9.49						7.80						11.14						9.63						10.71
Operating return on average total equity (b)						10.78						11.03						11.14						9.63						11.18
Return on average tangible equity						11.63						9.56						13.70						11.83						13.16
Operating return on average tangible equity (b)						13.20						13.52						13.70						11.83						13.74
Total equity to total assets						10.06						9.59						9.43						9.05						8.96
Tangible equity to tangible assets (b)						8.30						8.00						7.81						7.54						7.42
Efficiency ratio						69.65						75.06						67.74						67.41						69.11
Operating efficiency ratio (b)						66.04						66.89						67.74						67.41						67.80
Net noninterest expense to average assets						1.73						1.86						1.52						1.44						1.40
Operating net noninterest expense to average assets(b)						1.58						1.48						1.52						1.44						1.35

8

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Colony Bankcorp, Inc.
Selected Financial Information
						2025																								2024
(dollars in thousands, except per share data)						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
ASSET QUALITY
Nonperforming portfolio loans						$	17,190					$	9,082					$	4,760					$	7,538					$	5,024
Nonperforming SBA government loans-guaranteed portion						4,772						4,076						4,583						3,647						4,293
Nonperforming SBA government loans-unguaranteed portion						1,418						1,110						1,241						1,271						1,343
Loans 90 days past due and still accruing						95						98						107						22						152
Total nonperforming loans (NPLs)						23,475						14,366						10,691						12,478						10,812
Other real estate owned						1,048						710						710						522						202
Repossessed assets						190						160						21						6						328
Total nonperforming assets (NPAs)						24,713						15,236						11,422						13,006						11,342
Classified loans						40,481						24,183						25,112						26,453						20,103
Criticized loans						84,721						60,505						54,814						55,823						49,387
Net loan charge-offs (recoveries)						1,600						1,827						1,049						606						1,534
Allowance for credit losses to total loans						0.97		%				0.89		%				0.96		%				1.04		%				1.03		%
Allowance for credit losses to total NPLs						98.04						125.89						179.15						160.26						175.55
Allowance for credit losses to total NPAs						93.13						118.71						167.69						153.75						167.34
Net charge-offs (recoveries) to average loans, net						0.30						0.36						0.21						0.13						0.33
NPLs to total loans						0.99						0.71						0.54						0.65						0.59
NPAs to total assets						0.66						0.48						0.37						0.41						0.36
NPAs to total loans and foreclosed assets						1.04						0.75						0.57						0.68						0.62
ACTUAL BALANCES
Total assets						$	3,735,401					$	3,152,746					$	3,115,617					$	3,171,825					$	3,109,782
Loans held for sale						78,990						19,286						22,163						24,844						39,786
Loans, net of unearned income						2,381,224						2,037,056						1,993,580						1,921,263						1,842,980
Deposits						3,067,521						2,584,329						2,556,230						2,622,531						2,567,943
Total stockholders’ equity						375,920						302,332						293,857						286,925						278,675
AVERAGE BALANCES
Total assets						$	3,357,785					$	3,092,411					$	3,138,125					$	3,149,321					$	3,108,762
Loans held for sale						59,868						17,062						22,495						23,253						35,299
Loans, net of unearned income						2,148,729						2,024,153						1,960,025						1,869,476						1,851,628
Deposits						2,752,576						2,526,739						2,586,620						2,606,706						2,568,824
Total stockholders’ equity						327,830						296,027						287,325						278,551						276,082
(a) Computed using fully taxable-equivalent net income.
(b) Non-GAAP measure - see “Explanation of Certain Unaudited Non-GAAP Financial Measures” for more information and reconciliation to GAAP.

9

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Colony Bankcorp, Inc.
Average Balance Sheet and Net Interest Analysis
			Three Months Ended December 31,
			2025																		2024
(dollars in thousands)			Average Balances						Income/ Expense						Yields/ Rates						Average Balances						Income/ Expense						Yields/ Rates
Assets
Interest-earning assets:
Loans held for sale			$	59,868					$	1,018					6.75		%				$	35,299					$	437					4.93		%
Loans, net of unearned income 1			2,148,729						33,517						6.19		%				1,851,628						28,102						6.04		%
Investment securities, taxable			626,240						4,158						2.63		%				704,677						4,759						2.69		%
Investment securities, tax-exempt 2			93,822						488						2.06		%				95,062						505						2.11		%
Deposits in banks and short term investments			187,582						1,696						3.59		%				202,059						2,361						4.65		%
Total interest-earning assets			3,116,241						40,877						5.20		%				2,888,725						36,164						4.98		%
Noninterest-earning assets			241,544																		220,037
Total assets			$	3,357,785																	$	3,108,762
Liabilities and stockholders' equity
Interest-bearing liabilities:
Interest-bearing demand and savings			$	1,559,476					$	5,577					1.42		%				$	1,494,178					$	6,759					1.80		%
Other time			737,709						6,396						3.44		%				619,334						5,897						3.79		%
Total interest-bearing deposits			2,297,185						11,973						2.07		%				2,113,512						12,656						2.38		%
Federal Home Loan Bank advances			188,370						1,948						4.10		%				185,000						1,905						4.10		%
Other borrowings			63,119						914						5.75		%				63,025						958						6.05		%
Total other interest-bearing liabilities			251,489						2,862						4.51		%				248,025						2,863						4.59		%
Total interest-bearing liabilities			2,548,674						14,835						2.31		%				2,361,537						15,519						2.61		%
Noninterest-bearing liabilities:
Demand deposits			455,391																		$	455,312
Other liabilities			25,890																		15,831
Stockholders' equity			327,830																		276,082
Total noninterest-bearing liabilities and stockholders' equity			809,111																		747,225
Total liabilities and stockholders' equity			$	3,357,785																	$	3,108,762
Interest rate spread															2.89		%																2.37		%
Net interest income									$	26,042																	$	20,645
Net interest margin															3.32		%																2.84		%

3

1The average balance of loans includes the average balance of nonaccrual loans. Income on such loans is recognized and recorded on the cash basis. Taxable-equivalent adjustments totaling $76,000 and $66,000 for the quarters ended December 31, 2025 and 2024, respectively, are calculated using the statutory federal tax rate and are included in income and fees on loans. Accretion income of $428,000 and $12,000 for the quarters ended December 31, 2025 and 2024, respectively, are also included in income and fees on loans.

2Taxable-equivalent adjustments totaling $102,000 and $106,000 for the quarters ended December 31, 2025 and 2024, respectively, are calculated using the statutory federal tax rate and are included in tax-exempt interest on investment securities.

3

10

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Colony Bankcorp, Inc.
Average Balance Sheet and Net Interest Analysis
			Twelve Months Ended December 31,
			2025																		2024
(dollars in thousands)			Average Balances						Income/ Expense						Yields/ Rates						Average Balances						Income/ Expense						Yields/ Rates
Assets
Interest-earning assets:
Loans held for sale			$	30,733					$	1,928					6.27		%				$	31,884					$	2,134					6.69		%
Loans, net of unearned income3			2,001,425						122,735						6.13		%				1,868,502						109,770						5.87		%
Investment securities, taxable			668,875						17,885						2.67		%				720,986						19,270						2.67		%
Investment securities, tax-exempt 4			93,441						1,963						2.10		%				99,350						2,158						2.17		%
Deposits in banks and short term investments			159,718						6,183						3.87		%				106,381						4,592						4.32		%
Total interest-earning assets			2,954,192						150,694						5.10		%				2,827,103						137,924						4.88		%
Noninterest-earning assets			230,538																		221,607
Total assets			$	3,184,730																	$	3,048,710
Liabilities and stockholders' equity
Interest-bearing liabilities:
Interest-bearing demand and savings			$	1,529,413					$	24,354					1.59		%				$	1,464,315					$	27,293					1.86		%
Other time			644,075						22,356						3.47		%				603,080						22,714						3.77		%
Total interest-bearing deposits			2,173,488						46,710						2.15		%				2,067,395						50,007						2.42		%
Federal funds purchased			—						—						—		%				—						—						—		%
Federal Home Loan Bank advances			185,850						7,618						4.10		%				176,421						7,211						4.09		%
Other borrowings			63,522						3,722						5.86		%				63,190						3,947						6.25		%
Total other interest-bearing liabilities			249,372						11,340						4.55		%				239,611						11,158						4.66		%
Total interest-bearing liabilities			2,422,860						58,050						2.40		%				2,307,006						61,165						2.65		%
Noninterest-bearing liabilities:
Demand deposits			444,821																		$	459,822
Other liabilities			19,485																		16,607
Stockholders' equity			297,564																		265,275
Total noninterest-bearing liabilities and stockholders' equity			761,870																		741,704
Total liabilities and stockholders' equity			$	3,184,730																	$	3,048,710
Interest rate spread															2.70		%																2.23		%
Net interest income									$	92,644																	$	76,759
Net interest margin															3.14		%																2.72		%

5

3The average balance of loans includes the average balance of nonaccrual loans. Income on such loans is recognized and recorded on the cash basis. Taxable-equivalent adjustments totaling $330,000 and $229,000 for the twelve months ended December 31, 2025 and 2024, respectively, are calculated using the statutory federal tax rate and are included in income and fees on loans. Accretion income of $489,000 and $47,000 for the twelve months ended December 31, 2025 and 2024, respectively, are also included in income and fees on loans.

4Taxable-equivalent adjustments totaling $412,000 and $453,000 for the twelve months ended December 31, 2025 and 2024, respectively, are calculated using the statutory federal tax rate and are included in tax-exempt interest on investment securities.

5

11

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Colony Bankcorp, Inc.
Segment Reporting
						2025																								2024
(dollars in thousands)						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
Banking Division
Net interest income						$	24,781					$	21,629					$	21,319					$	19,989					$	19,191
Provision for credit losses						776						(371)						(330)						1,221						309
Noninterest income						6,996						6,144						5,969						5,774						5,452
Noninterest expenses						22,502						21,075						18,269						16,790						17,616
Income taxes						1,493						1,413						1,908						1,551						927
Segment income						$	7,006					$	5,656					$	7,441					$	6,201					$	5,791
Total segment assets						$	3,625,785					$	3,046,699					$	3,010,416					$	3,065,385					$	2,985,856
Full time employees						447						383						390						366						376
Mortgage Banking Division
Net interest income						$	65					$	62					$	44					$	53					$	53
Provision for credit losses						—						—						—						—						—
Noninterest income						2,012						1,851						1,984						1,579						1,545
Noninterest expenses						1,695						2,066						1,710						1,601						1,699
Income taxes						81						(27)						69						10						(12)
Segment income						$	301					$	(126)					$	249					$	21					$	(89)
Total segment assets						$	13,648					$	12,959					$	14,296					$	16,041					$	17,970
Variable noninterest expense(1)						$	984					$	1,229					$	1,157					$	880					$	764
Fixed noninterest expense						711						837						553						721						935
Full time employees						48						46						43						42						45
Small Business Specialty Lending Division
Net interest income						$	1,019					$	1,008					$	1,022					$	910					$	1,228
Provision for credit losses						874						1,271						780						279						341
Noninterest income						2,039						2,096						2,145						1,691						3,312
Noninterest expenses						1,512						1,471						2,025						1,830						1,957
Income taxes						136						73						74						101						512
Segment income						$	536					$	289					$	288					$	391					$	1,730
Total segment assets						$	95,968					$	93,088					$	90,905					$	90,399					$	105,956
Full time employees						31						31						34						35						34
Total Consolidated
Net interest income						$	25,865					$	22,699					$	22,385					$	20,952					$	20,472
Provision for credit losses						1,650						900						450						1,500						650
Noninterest income						11,047						10,091						10,098						9,044						10,309
Noninterest expenses						25,709						24,612						22,004						20,221						21,272
Income taxes						1,710						1,459						2,051						1,662						1,427
Segment income						$	7,843					$	5,819					$	7,978					$	6,613					$	7,432
Total segment assets						$	3,735,401					$	3,152,746					$	3,115,617					$	3,171,825					$	3,109,782
Full time employees						526						460						467						443						455
(1) Variable noninterest expense includes commission based salary expenses and volume based loan related fees.

12

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Colony Bankcorp, Inc.
Consolidated Balance Sheets
						December 31, 2025						December 31, 2024
(dollars in thousands)						(unaudited)						(audited)
ASSETS
Cash and due from banks						$	27,307					$	26,045
Interest-bearing deposits in banks and federal funds sold						230,333						204,989
Cash and cash equivalents						257,640						231,034
Investment securities available for sale, at fair value						383,817						366,049
Investment securities held to maturity, at amortized cost						386,618						430,077
Other investments						19,176						17,694
Loans held for sale						78,990						39,786
Loans, net of unearned income						2,381,224						1,842,980
Allowance for credit losses						(23,014)						(18,980)
Loans, net						2,358,210						1,824,000
Premises and equipment						37,045						37,831
Other real estate						1,048						202
Goodwill						63,873						48,923
Other intangible assets						7,851						2,975
Bank owned life insurance						68,457						57,970
Deferred income taxes, net						19,582						21,891
Other assets						53,094						31,350
Total assets						$	3,735,401					$	3,109,782
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Deposits:
Noninterest-bearing						$	526,803					$	462,283
Interest-bearing						2,540,718						2,105,660
Total deposits						3,067,521						2,567,943
Federal Home Loan Bank advances						194,972						185,000
Other borrowed money						63,132						63,039
Accrued expenses and other liabilities						33,856						15,125
Total liabilities						3,359,481						2,831,107
Stockholders’ equity
Common stock, $1 par value; 50,000,000 shares authorized, 21,251,695 and 17,519,884 issued and outstanding, respectively						21,252						17,520
Paid in capital						228,577						168,353
Retained earnings						160,584						140,369
Accumulated other comprehensive loss, net of tax						(34,493)						(47,567)
Total stockholders’ equity						375,920						278,675
Total liabilities and stockholders’ equity						$	3,735,401					$	3,109,782

13

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Colony Bankcorp, Inc.
Consolidated Statements of Income (unaudited)
						Three months ended December 31,												Twelve months ended December 31,
						2025						2024						2025						2024
(dollars in thousands, except per share data)
Interest income:
Loans, including fees						$	34,461					$	28,473					$	124,333					$	111,675
Investment securities						4,543						5,158						19,436						20,974
Deposits in banks and short term investments						1,696						2,360						6,183						4,592
Total interest income						40,700						35,991						149,952						137,241
Interest expense:
Deposits						11,973						12,656						46,710						50,007
Federal Home Loan Bank advances						1,947						1,905						7,618						7,211
Other borrowings						915						958						3,723						3,947
Total interest expense						14,835						15,519						58,051						61,165
Net interest income						25,865						20,472						91,901						76,076
Provision for credit losses						1,650						650						4,500						3,050
Net interest income after provision for credit losses						24,215						19,822						87,401						73,026
Noninterest income:
Service charges on deposits						2,664						2,302						9,695						9,365
Mortgage fee income						2,121						1,545						7,535						6,048
Gain on sales of SBA loans						1,376						2,622						5,372						9,242
Loss on sales of securities						—						(401)						(1,039)						(1,835)
Interchange fees						2,154						2,030						8,438						8,299
BOLI income						577						412						1,792						1,725
Insurance commissions						755						471						2,864						1,789
Other						1,400						1,328						5,623						4,742
Total noninterest income						11,047						10,309						40,280						39,375
Noninterest expense:
Salaries and employee benefits						14,115						12,877						52,417						49,767
Occupancy and equipment						1,758						1,645						6,753						6,149
Acquisition related						1,331						—						2,063						—
Information technology expenses						2,903						2,491						10,652						8,978
Professional fees						1,019						539						3,507						2,825
Advertising and public relations						1,402						1,118						4,279						4,009
Communications						194						213						805						865
Other						2,987						2,389						12,070						10,241
Total noninterest expense						25,709						21,272						92,546						82,834
Income before income taxes						9,553						8,859						35,135						29,567
Income taxes						1,710						1,427						6,882						5,699
Net income						$	7,843					$	7,432					$	28,253					$	23,868
Earnings per common share:
Basic						$	0.42					$	0.42					$	1.59					$	1.36
Diluted						0.42						0.42						1.59						1.36
Dividends declared per share						0.1150						0.1125						0.4600						0.4500
Weighted average common shares outstanding:
Basic						18,729,511						17,531,808						17,789,688						17,557,743
Diluted						18,729,511						17,531,808						17,789,688						17,557,743

14

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Colony Bankcorp, Inc.
Quarterly Consolidated Statements of Income
						2025																								2024
						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
(dollars in thousands, except per share data)						(unaudited)						(unaudited)						(unaudited)						(unaudited)						(unaudited)
Interest income:
Loans, including fees						$	34,461					$	31,535					$	30,361					$	27,976					$	28,473
Investment securities						4,543						4,518						5,148						5,227						5,158
Deposits in banks and short term investments						1,696						839						1,326						2,322						2,360
Total interest income						40,700						36,892						36,835						35,525						35,991
Interest expense:
Deposits						11,973						11,332						11,632						11,773						12,656
Federal Home Loan Bank advances						1,947						1,909						1,889						1,873						1,905
Other borrowings						915						952						929						927						958
Total interest expense						14,835						14,193						14,450						14,573						15,519
Net interest income						25,865						22,699						22,385						20,952						20,472
Provision for credit losses						1,650						900						450						1,500						650
Net interest income after provision for credit losses						24,215						21,799						21,935						19,452						19,822
Noninterest income:
Service charges on deposits						2,664						2,640						2,219						2,172						2,302
Mortgage fee income						2,121						1,851						1,984						1,579						1,545
Gain on sales of SBA loans						1,376						1,411						1,550						1,035						2,622
Loss on sales of securities						—						(1,039)						—						—						(401)
Interchange fees						2,154						2,273						2,073						1,938						2,030
BOLI income						577						396						423						396						412
Insurance commissions						755						874						766						469						471
Other						1,400						1,685						1,083						1,455						1,328
Total noninterest income						11,047						10,091						10,098						9,044						10,309
Noninterest expense:
Salaries and employee benefits						14,115						13,532						12,865						11,905						12,877
Occupancy and equipment						1,758						1,732						1,683						1,580						1,645
Acquisition related						1,331						732						—						—						—
Information technology expenses						2,903						2,680						2,592						2,477						2,491
Professional fees						1,019						998						742						748						539
Advertising and public relations						1,402						1,130						942						805						1,118
Communications						194						218						188						205						213
Other						2,987						3,590						2,992						2,501						2,389
Total noninterest expense						25,709						24,612						22,004						20,221						21,272
Income before income taxes						9,553						7,278						10,029						8,275						8,859
Income taxes						1,710						1,459						2,051						1,662						1,427
Net income						$	7,843					$	5,819					$	7,978					$	6,613					$	7,432
Earnings per common share:
Basic						$	0.42					$	0.33					$	0.46					$	0.38					$	0.42
Diluted						0.42						0.33						0.46						0.38						0.42
Dividends declared per share						0.1150						0.1150						0.1150						0.1150						0.1125
Weighted average common shares outstanding:
Basic						18,729,511						17,461,434						17,448,945						17,509,059						17,531,808
Diluted						18,729,511						17,461,434						17,448,945						17,509,059						17,531,808

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Colony Bankcorp, Inc.
Quarterly Deposits Composition Comparison
						2025																								2024
(dollars in thousands)						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
Noninterest-bearing demand						$	526,803					$	442,142					$	434,785					$	449,818					$	462,283
Interest-bearing demand						932,262						811,031						838,540						873,156						813,783
Savings and money markets						787,811						644,312						667,135						689,446						687,603
Time over $250,000						239,175						192,545						193,427						189,466						185,176
Other time						581,470						494,299						422,343						420,645						419,098
Total						$	3,067,521					$	2,584,329					$	2,556,230					$	2,622,531					$	2,567,943

Colony Bankcorp, Inc.
Quarterly Deposits by Location Comparison
						2025																								2024
(dollars in thousands)						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
Augusta						$	18,387					$	—					$	—					$	—					$	—
Florida						157,056						—						—						—						—
Coastal Georgia						141,013						127,587						138,838						142,230						145,828
Middle Georgia						262,075						259,934						277,880						283,149						279,360
Atlanta and North Georgia						335,762						315,822						344,329						333,845						318,927
South Georgia						1,431,775						1,205,891						1,203,732						1,249,192						1,217,433
West Georgia						326,054						341,056						325,946						335,438						337,818
Brokered deposits						131,906						130,000						59,494						59,499						59,499
Reciprocal deposits						263,493						204,039						206,011						219,178						209,078
Total						$	3,067,521					$	2,584,329					$	2,556,230					$	2,622,531					$	2,567,943

Colony Bankcorp, Inc.
Quarterly Loan Comparison
						2025																								2024
(dollars in thousands)						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
Core						$	1,885,200					$	1,935,648					$	1,887,456					$	1,808,879					$	1,720,444
Purchased						496,024						101,408						106,124						112,384						122,536
Loans, net of unearned income						$	2,381,224					$	2,037,056					$	1,993,580					$	1,921,263					$	1,842,980

Colony Bankcorp, Inc.
Quarterly Loans by Composition Comparison
						2025																								2024
(dollars in thousands)						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
Construction, land & land development						$	302,512					$	240,819					$	238,078					$	208,872					$	205,046
Other commercial real estate						1,249,720						1,064,984						1,059,149						1,052,967						990,648
Total commercial real estate						1,552,232						1,305,803						1,297,227						1,261,839						1,195,694
Residential real estate						459,549						377,058						356,515						345,521						344,167
Commercial, financial & agricultural						218,532						213,274						212,872						213,355						213,910
Consumer and other						150,911						140,921						126,966						100,548						89,209
Loans, net of unearned income						$	2,381,224					$	2,037,056					$	1,993,580					$	1,921,263					$	1,842,980

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Colony Bankcorp, Inc.
Quarterly Loans by Location Comparison
						2025																								2024
(dollars in thousands)						Fourth Quarter						Third Quarter						Second Quarter						First Quarter						Fourth Quarter
Alabama						$	47,971					$	48,351					$	50,856					$	52,183					$	45,365
Florida						236,810						26,061						24,562						19,490						13,135
Augusta						85,072						92,988						95,246						91,758						76,492
Coastal Georgia						358,271						263,763						253,177						230,242						224,609
Middle Georgia						121,276						120,601						125,435						130,302						121,059
Atlanta and North Georgia						456,593						463,007						445,921						441,323						427,046
South Georgia						462,085						403,192						408,954						398,295						384,907
West Georgia						174,626						172,688						168,968						168,851						169,699
Small Business Specialty Lending						84,928						84,999						81,242						79,517						81,636
Consumer Portfolio Mortgages						263,385						270,941						262,846						251,816						250,555
Marine/RV Lending						88,852						88,968						75,649						55,033						46,941
Other						1,355						1,497						724						2,453						1,536
Loans, net of unearned income						$	2,381,224					$	2,037,056					$	1,993,580					$	1,921,263					$	1,842,980

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Colony Bankcorp, Inc.
Classified Loans
						2025																											2024
(dollars in thousands)						Fourth Quarter									Third Quarter									Second Quarter						First Quarter									Fourth Quarter
						$			#						$			#						$			#			$			#						$			#
Construction, land & land development						$	1,438		10						$	1,644		8						$	126		4			$	126		4						$	—		—
Other commercial real estate						22,871			52						12,973			45						16,687			48			18,578			51						13,367			38
Residential real estate						6,115			92						1,503			75						1,222			73			1,670			76						1,265			83
Commercial, financial & agricultural						9,857			109						7,947			90						7,071			64			6,077			58						5,407			70
Consumer and other						200			34						116			27						6			25			2			25						64			22
TOTAL						$	40,481		297						$	24,183		245						$	25,112		214			$	26,453		214						$	20,103		213
Classified loans to total loans						1.70		%							1.19		%							1.26		%				1.38		%							1.09		%
Colony Bankcorp, Inc.
Criticized Loans
						2025																											2024
(dollars in thousands)						Fourth Quarter									Third Quarter									Second Quarter						First Quarter									Fourth Quarter
						$			#						$			#						$			#			$			#						$			#
Construction, land & land development						$	17,605		13						$	14,393		12						$	2,207		10			$	4,028		11						$	2,865		9
Other commercial real estate						40,073			71						24,934			60						30,034			69			28,869			70						32,077			65
Residential real estate						11,515			99						6,528			81						7,224			79			8,289			83						5,504			89
Commercial, financial & agricultural						15,197			120						14,403			99						15,212			85			14,501			82						8,877			76
Consumer and other						331			35						247			28						137			26			136			26						64			22
TOTAL						$	84,721		338						$	60,505		280						$	54,814		269			$	55,823		272						$	49,387		261
Criticized loans to total loans						3.56		%							2.97		%							2.75		%				2.91		%							2.68		%

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