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An announcement from Colony Bankcorp ( (CBAN) ) is now available.
Edward P. Loomis, Jr., a member of the Board of Directors of Colony Bankcorp, Inc., announced his decision not to stand for reelection at the 2025 Annual Meeting of Shareholders, effective May 22, 2025. Loomis, who served as President and CEO from 2012 to 2018, played a crucial role in steering the company out of recession and expanding into new markets. His retirement marks the end of a significant chapter for Colony, as his leadership was instrumental in stabilizing and guiding the bank forward. The company acknowledges his contributions to laying a strong foundation for its future success.
More about Colony Bankcorp
Colony Bankcorp, Inc., founded in 1975 in Fitzgerald, Georgia, is a bank holding company for Colony Bank. It operates across Georgia, Birmingham, Alabama, Tallahassee, Florida, and the Florida Panhandle, offering a variety of banking solutions for personal and business customers. These include traditional banking services, mortgage lending, government guaranteed lending, consumer insurance, wealth management, credit cards, and merchant services. The company’s common stock is traded on the NYSE under the symbol ‘CBAN.’
YTD Price Performance: 1.50%
Average Trading Volume: 68,577
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $285.2M
Find detailed analytics on CBAN stock on TipRanks’ Stock Analysis page.