Colony Bankcorp, Inc. (CBAN)

Colony Bankcorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	111.68	111.68	99.26	70.76	60.11	55.55
Interest Income on Investments	25.57	25.57	25.66	20.77	10.47	7.58
Total Interest Income	137.24	137.24	124.92	91.54	70.59	63.13
Interest Paid on Deposits	50.01	50.01	35.46	5.88	2.6	5.6
Interest Paid on Borrowings	11.16	11.16	11.21	4.99	1.8	2.28
Total Interest Expense	61.17	61.17	46.67	10.87	4.4	7.88
Net Interest Income	76.08	76.08	78.24	80.67	66.19	55.25
Net Interest Income Growth (YoY)	-2.77%	-2.77%	-3.01%	21.88%	19.81%	15.46%
Mortgage Banking Activities	6.05	6.05	6.13	8.55	13.21	9.15
Gain (Loss) on Sale of Assets	-	-	-	-	-	1.08
Gain (Loss) on Sale of Investments	-1.84	-1.84	-	-0.08	-0.09	0.93
Other Non-Interest Income	16.56	16.56	15.71	12.47	9.4	6.19
Total Non-Interest Income	39.38	39.38	35.63	35.03	36.29	24.24
Non-Interest Income Growth (YoY)	10.50%	10.50%	1.74%	-3.49%	49.69%	73.12%
Revenues Before Loan Losses	115.45	115.45	113.88	115.7	102.48	79.49
Provision for Loan Losses	3.05	3.05	3.6	3.37	0.7	6.56
Revenue	112.4	112.4	110.28	112.33	101.78	72.93
Revenue Growth (YoY)	1.93%	1.93%	-1.82%	10.36%	39.56%	20.06%
Salaries and Employee Benefits	49.77	49.77	47.53	51.07	45	34.11
Occupancy Expenses	6.15	6.15	5.66	5.92	5.8	5.07
Selling, General & Administrative	16.68	16.68	18.41	21	15.45	11.22
Other Non-Interest Expense	10.24	10.24	11.47	11.49	7.67	5.54
Total Non-Interest Expense	82.83	82.83	83.07	89.48	73.92	55.93
EBT Excluding Unusual Items	29.57	29.57	27.21	22.85	27.86	17
Asset Writedown	-	-	-	-	-0.09	-0.58
Other Unusual Items	-	-	-	-	-	-0.93
Pretax Income	29.57	29.57	27.21	22.85	23.15	14.63
Income Tax Expense	5.7	5.7	5.47	3.31	4.5	2.82
Net Income	23.87	23.87	21.75	19.54	18.66	11.82
Net Income to Common	23.87	23.87	21.75	19.54	18.66	11.82
Net Income Growth	9.75%	9.75%	11.28%	4.73%	57.93%	15.71%
Basic Shares Outstanding	18	18	18	17	11	9
Diluted Shares Outstanding	18	18	18	17	11	9
Shares Change (YoY)	-0.12%	-0.12%	2.25%	52.75%	18.48%	4.04%
EPS (Basic)	1.36	1.36	1.24	1.14	1.66	1.24
EPS (Diluted)	1.36	1.36	1.24	1.14	1.66	1.24
EPS Growth	9.88%	9.88%	8.83%	-31.44%	33.71%	10.87%
Dividend Per Share	0.450	0.450	0.440	0.430	0.410	0.400
Dividend Growth	2.27%	2.27%	2.33%	4.88%	2.50%	33.33%
Effective Tax Rate	19.27%	19.27%	20.09%	14.48%	19.41%	19.24%

Source: S&P Capital IQ. Banks template. Financial Sources.