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Leadership changes · CBAN · SEC Form 8-K, Item 5.02

Leadership changes at Colony Bankcorp Inc (2026)

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Who joined and who left Colony Bankcorp Inc (CBAN)? 2 filings reported from 2026-09-17 to 2026-11-02, each cited to the company's own filing.

As of November 6, 2026, Colony Bankcorp Inc has reported 2 leadership change filings to the SEC under Item 5.02 of Form 8-K, from September 17, 2026 to November 2, 2026 (Form 8-K, November 2, 2026).

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Changes2
Latest filing2026-11-02

Colony Bankcorp Inc reported changes in 2 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-09-17 to 2026-11-02. Every row below is cited to the filing it comes from, and this page adds each new change as Colony Bankcorp Inc files it.

Also on the record for Colony Bankcorp Inc

DateRecordFigureOur pageSource
November 1, 2026Acquired First Reliance Bancshares, Inc.$32.66MAcquisitionSource
October 27, 2026Stake report, Schedule 13G, by BlackRock Portfolio Management LLC5.6% of the class5%+ stakesSource
August 14, 2026Stake report, Schedule 13G/A, by Fourthstone LLC0.79% of the class5%+ stakesSource
July 31, 2026Stake report, Schedule 13G/A, by Vanguard Capital Management4.92% of the class5%+ stakesSource
July 27, 2026Stake report, Schedule 13G/A, by BlackRock, Inc.6.6% of the class5%+ stakesSource
May 15, 2026Stake report, Schedule 13G/A, by Fourthstone LLC9.76% of the class5%+ stakesSource
April 29, 2026Stake report, Schedule 13G, by Vanguard Capital Management5.18% of the class5%+ stakesSource
February 13, 2026Stake report, Schedule 13G, by Fourthstone LLC8.05% of the class5%+ stakesSource
January 30, 2026Stake report, Schedule 13G/A, by The Vanguard Group4.56% of the class5%+ stakesSource
January 21, 2026Stake report, Schedule 13G/A, by BlackRock, Inc.5.01% of the class5%+ stakesSource
December 1, 2025Acquired TC Bancshares, Inc.$15.43MAcquisitionSource
October 17, 2025Stake report, Schedule 13G/A, by BlackRock, Inc.6.1% of the class5%+ stakesSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-11-02Reportednot named in the filing8-K, 2026-11-02
2026-09-17Reportednot named in the filing8-K, 2026-09-17
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Every change, in the filing's words

Filed 2026-11-02 · 8-K

Reported

Pursuant to the Merger Agreement, effective as of the Effective Time, the board of directors of the Company (the "Board") increased the size of the Board from eight to ten directors and appointed F.R. Saunders, Jr. and Forrest R. Redden III to fill the resulting vacancies.

Also stated in this filing

  • Messrs. Saunders and Redden were also appointed to the board of directors of Colony Bank.
  • The Board has determined that Mr. Redden is independent under the listing standards of the New York Stock Exchange.
  • Pursuant to the Merger Agreement, the Company has agreed to use its reasonable best efforts to nominate Messrs. Saunders and Redden for re-election to the Board at the Company's next annual meeting of shareholders following the closing of the Merger, subject to the terms of the Merger Agreement.
  • Mr. Saunders, age 66, founded First Reliance Bank in Florence, South Carolina, in 1999.
  • Prior to the Merger, he served as Chief Executive Officer and a director of First Reliance Bank and FSRL.
  • Earlier in his career, Mr. Saunders served as Senior Vice President and City Executive of Florence for Pee Dee State Bank, where he was a member of the Senior Loan Committee and served on the boards of directors of Pee Dee State Bank and Pee Dee Bancshares.
  • Following Pee Dee State Bank's merger with Centura Bank, he served as a Senior Market Executive.
  • Mr. Saunders is a graduate of the South Carolina Bankers School, a cooperative program with the College of Business Administration of the University of South Carolina, and the Southeastern School of Agriculture Lending, a cooperative program with the College of Agricultural Science of Clemson University.
Filed 2026-09-17 · 8-K

Reported

The Employment Agreement contains certain non-competition, employee and independent-contractor non-recruitment and customer non-solicitation covenants that apply during his employment with the Bank and for 12 months following his termination of employment.

Also stated in this filing

  • On September 13, 2026, Colony Bank ("Bank"), a Georgia Bank and wholly-owned subsidiary of Colony Bankcorp, Inc. (the "Holding Company" and, together with the Bank, the "Company"), entered into an employment agreement with R. Dallis Copeland, Jr., to continue as the President of the Holding Company and the Bank (the "Employment Agreement").
  • The following is a summary of the material terms of the Employment Agreement.
  • The Employment Agreement is effective as of September 13, 2026, at which time Mr. Copeland's prior employment agreement dated September 13, 2024, expired.
  • The Employment Agreement has a two-year term and provides for an annual base salary of $400,000 per year, subject to annual review.
  • Mr. Copeland will have an opportunity to receive an annual bonus based upon the achievement of performance goals established from year to year by the Compensation Committees of the Bank and Holding Company Boards.
  • Mr. Copeland will also have an opportunity to participate in the benefit plans maintained by the Bank to the extent eligible, subject to the terms and conditions of such plans, and he will be entitled to 27 days of PTO and holidays offered consistent with the Bank's policies.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Permanent URL: https://mentionfox.com/executive-changes/colony-bankcorp
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
What changed at the top of Colony Bankcorp Inc? (2026). MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/colony-bankcorp