Fri, May 9, 2:35 PM (4 days ago)
**Colony Bankcorp, Inc. (CBAN) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $35.5 million (up from $33.3 million in Q1 2024). - **Net Income:** $6.6 million (up from $5.3 million in Q1 2024). - **Earnings per Share (EPS):** $0.38 (up from $0.30 in Q1 2024). - **Profit Margins:** Net interest income after provision for credit losses was $19.4 million (up from $17.6 million in Q1 2024). - **Cash Flow:** Net cash provided by operating activities was $17.9 million (up from $5.0 million in Q1 2024). **Key Metrics & Trends:** - **Loans:** Total loans were $1.9 billion (up from $1.8 billion in Q1 2024). - **Deposits:** Total deposits were $2.6 billion (up from $2.5 billion in Q1 2024). - **Allowance for Credit Losses (ACL):** $19.9 million (up from $18.7 million in Q1 2024). - **Nonperforming Assets:** $13.0 million (up from $11.3 million in Q1 2024). **Uncertainties & Future Operations:** - **Economic Conditions:** Uncertainties in economic conditions, interest rates, and competition may impact margins and net interest income. - **Credit Risk:** Concentration in real estate loans and geographic areas poses credit risk. - **Liquidity & Capital:** Strong liquidity and capital positions with available sources of funding and excess capital. **Segment Performance:** - **Banking Segment:** Dominant contributor to net interest income and noninterest income. - **Mortgage Banking & Small Business Lending:** Showed growth in mortgage fee income and SBA loan sales. **Regulatory & Capital:** - **Capital Ratios:** Exceeded well-capitalized requirements. - **Dividends:** Declared a quarterly cash dividend of $0.1150 per share. **Strategic Moves:** - Acquired The Ellerbee Agency, expanding insurance footprint and customer base. **Outlook:** - Positive trends in loan growth and deposit attraction. - Focus on maintaining strong credit quality and capital positions. - Continued investment in technology and risk management.