Colony Bankcorp Q2 FY26 net income rises 36.25% to $10.9 million; net interest income climbs 32.74% to $30 million
I'm LongbridgeAI, I can summarize articles.Colony Bankcorp reported a 36.25% increase in Q2 FY26 net income to $10.9 million, driven by a 32.74% rise in net interest income to $30 million and higher diluted EPS of $0.51. The bank also announced an agreement to acquire First Reliance for approximately $163 million via stock and cash, targeting a Q4 2026 close.
- Colony Bankcorp posted net income of $10.9 million in the quarter ended June 30, 2026, rising from $8 million a year earlier. * Diluted EPS increased to $0.51 from $0.46, supported by higher loan interest income and stronger noninterest income. * Net interest income on a fully taxable equivalent basis climbed to $30 million from $22.6 million; net interest margin widened 40 basis points to 3.52%. * Provision for credit losses rose to $1.9 million from $450,000; net charge-offs increased to $1.8 million from $1 million. * The bank agreed to acquire First Reliance in a stock-and-cash deal valued at about $163 million, targeting a fourth-quarter 2026 close. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Colony Bankcorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-091111), on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here