Business Context and Reporting Period
Colony Bankcorp, Inc. (CBAN) filed a Form 8-K on May 22, 2026, reporting the results of its Annual Meeting of Shareholders held on May 21, 2026. The company is incorporated in Georgia and its common stock trades on the New York Stock Exchange.
Key Financial Metrics
This filing is a current report regarding corporate governance and shareholder voting. It does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The filing text does not provide a clear value for any financial indicators.
Material Changes
No material financial changes or operational updates are reported in this document. The filing focuses exclusively on the ratification of corporate actions by shareholders.
Shareholder Voting Results and Governance
As of the record date (March 27, 2026), 21,172,315 shares were outstanding. A quorum was established with 16,138,980 shares (76.22%) represented. Shareholders voted on three proposals:
- Proposal 1 (Election of Directors): All eight nominees were elected. Votes for ranged from 13,313,557 to 13,883,640, with votes withheld ranging from 75,899 to 645,982. There were 2,179,441 broker non-votes for each nominee.
- Proposal 2 (Say on Pay): The advisory resolution was approved with 13,368,357 votes for, 350,535 against, and 240,647 abstentions. There were 2,179,441 broker non-votes.
- Proposal 3 (Ratification of Auditors): The appointment of Mauldin & Jenkins, LLC as the independent registered public accounting firm for the year ended December 31, 2026, was ratified with 15,991,044 votes for, 143,300 against, and 4,636 abstentions. There were no broker non-votes.
Investor Verification Checklist
- Verify the final composition of the Board of Directors following the election of the eight nominees.
- Confirm the engagement of Mauldin & Jenkins, LLC as the independent auditor for the fiscal year ending December 31, 2026.
- Review the company's next periodic report (10-K or 10-Q) for actual financial performance metrics, as this 8-K contains no financial data.