M&A - COLONY BANKCORP INC

Form Type: 8-K

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: New

Accession Number: 000071166925000054

Filing Summary: On April 1, 2025, Colony Bankcorp, Inc. announced the acquisition of The Ellerbee Agency, a consumer property and casualty insurance agency appointed by Allstate. This agency will be integrated into Colony Insurance, which is a wholly-owned subsidiary of Colony Bankcorp. The acquisition is expected to enhance Colony Insurance's market presence and customer reach by adding two new office locations in Monroe and Greensboro, Georgia. A press release detailing the acquisition was attached as Exhibit 99.1 to the Form 8-K.

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