COLONY BANKCORP, INC. (NASDAQ:CBAN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k

8 years ago

COLONY BANKCORP, INC. (NASDAQ:CBAN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

(b)

On February 21, 2017, B. Gene Waldron announced his
retirement as ViceChairman and Director of Colony Bankcorp,
Inc. and Colony Bank effectiveMay 23, 2017; thus, he will
not be included in the slate of directors for electionat
the Annual Meeting on May 23, 2017. Mr. Waldron has served
the Companyalmost twenty years and wants to devote more
time to his family and otherbusiness interests. Mr. Waldron
has advised us that his retirement was not due toany
disagreement with the Company.

About COLONY BANKCORP, INC. (NASDAQ:CBAN)
Colony Bankcorp, Inc. (Colony) is a bank holding company. The Company operates through its subsidiary, Colony Bank (the Bank). The Bank offers traditional banking products and services to commercial and consumer customers in its markets. The Bank’s product line includes 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, consumer loans and a range of demand, savings and time deposit products, among others. The Bank also offers Internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, remote depository products and access to a network of automated teller machines (ATMs) to its customers. It conducts a full service commercial, consumer and mortgage banking business through approximately 30 offices in various cities. COLONY BANKCORP, INC. (NASDAQ:CBAN) Recent Trading Information
COLONY BANKCORP, INC. (NASDAQ:CBAN) closed its last trading session down -0.05 at 13.90 with 8,764 shares trading hands.