Colony Bank Mortgage Rates, Fees & Info

Fitzgerald, GA

LEI: 254900AHLSHUJOTJG402

Tax ID: 58-1248467

5 stars - out of 5 stars, based on 43 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Colony Bank is a smaller bank specializing in Home Purchase and Refi loans. Colony Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Augusta, Savannah, Atlanta, Warner Robins, and Albany among others. We have data for 53 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Colony Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Colony Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.77% 12/4/22
    30 Year Conventional Refi 6.71% 12/4/22
    30 Year Cash-out Refi 6.86% 12/4/22
    30 Year FHA Purchase 7.48% 12/4/22
    30 Year FHA Refi 7.43% 12/4/22
    30 Year VA Purchase 6.42% 12/4/22
    30 Year VA Refi 6.24% 12/4/22
    30 Year USDA Purchase 6.87% 12/4/22
    15 Year Conventional Purchase 5.95% 12/4/22
    15 Year Conventional Refi 6.04% 12/4/22
    15 Year Cash-out Refi 6.04% 12/4/22
    15 Year FHA Purchase 7.16% 12/4/22
    15 Year FHA Refi 7.24% 12/4/22
    15 Year VA Refi 6.05% 12/4/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    1,890

    Origination Dollar Volume (All Markets)

    $452,940,000

    Employee count

    481 Show all (23) awards

    Relative Rate

    Colony Bank's average 30 year fixed mortgage rate was 2.92%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.23%.

    Relative Fees (Closing Costs)

    Colony Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $4,361.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 362 $99,270,000 $274,227 $4,828 2.80%
    SAVANNAH, GA (FHA|USDA|VA) 233 $69,695,000 $299,120 $4,477 3.04%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 115 $36,705,000 $319,174 $4,587 3.22%
    WARNER ROBINS, GA (FHA|USDA|VA) 161 $36,415,000 $226,180 $4,155 3.05%
    ALBANY, GA (FHA|USDA|VA) 170 $36,350,000 $213,824 $3,732 3.17%
    LaGrange, GA-AL (FHA|USDA|VA) 159 $34,375,000 $216,195 $3,660 3.12%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 92 $20,660,000 $224,565 $4,178 2.94%
    Outside of Metro Areas 130 $18,670,000 $143,615 $3,881 4.00%
    VALDOSTA, GA (FHA|USDA|VA) 78 $15,250,000 $195,513 $4,891 3.55%
    COLUMBUS, GA-AL (FHA|USDA|VA) 48 $11,470,000 $238,958 $4,852 3.93%
    Tifton, GA (FHA|USDA|VA) 36 $7,080,000 $196,667 $3,650 4.00%
    Vidalia, GA (FHA|USDA|VA) 30 $5,550,000 $185,000 $4,161 2.87%
    HINESVILLE, GA (FHA|USDA|VA) 12 $5,280,000 $440,000 $6,386 2.89%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $4,690,000 $1,172,500 $2,943 3.27%
    Statesboro, GA (FHA|USDA|VA) 27 $4,535,000 $167,963 $4,074 3.27%
    ROME, GA (FHA|USDA|VA) 3 $4,425,000 $1,475,000 $4,586 3.31%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 17 $4,395,000 $258,529 $4,004 2.98%
    Moultrie, GA (FHA|USDA|VA) 20 $3,620,000 $181,000 $3,762 3.15%
    Milledgeville, GA (FHA|USDA|VA) 15 $3,465,000 $231,000 $3,727 2.98%
    Dublin, GA (FHA|USDA|VA) 21 $3,265,000 $155,476 $4,370 3.62%
    Cordele, GA (FHA|USDA|VA) 20 $3,110,000 $155,500 $3,044 3.81%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 7 $2,425,000 $346,429 $5,385 3.12%
    Fitzgerald, GA (FHA|USDA|VA) 35 $2,405,000 $68,714 $3,556 4.53%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 6 $2,350,000 $391,667 $3,960 3.18%
    Douglas, GA (FHA|USDA|VA) 23 $2,025,000 $88,043 $3,246 4.59%
    BRUNSWICK, GA (FHA|USDA|VA) 12 $1,900,000 $158,333 $5,060 3.26%
    GAINESVILLE, GA (FHA|USDA|VA) 5 $1,455,000 $291,000 $4,034 2.85%
    JACKSONVILLE, FL (FHA|USDA|VA) 3 $1,295,000 $431,667 $4,453 2.79%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $1,180,000 $295,000 $3,026 2.91%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 5 $925,000 $185,000 $2,458 3.27%
    Jesup, GA (FHA|USDA|VA) 2 $810,000 $405,000 $3,709 3.25%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $730,000 $365,000 $3,332 3.76%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $725,000 $241,667 $3,825 3.04%
    COLUMBIA, SC (FHA|USDA|VA) 3 $715,000 $238,333 $3,674 2.96%
    Jefferson, GA (FHA|USDA|VA) 3 $685,000 $228,333 $2,989 2.50%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $475,000 $475,000 $2,975 2.62%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $475,000 $475,000 $5,535 3.13%
    Waycross, GA (FHA|USDA|VA) 2 $440,000 $220,000 $3,966 4.19%
    Cedartown, GA (FHA|USDA|VA) 2 $400,000 $200,000 $2,437 4.10%
    Thomaston, GA (FHA|USDA|VA) 2 $380,000 $190,000 $4,795 3.31%
    Seneca, SC (FHA|USDA|VA) 1 $325,000 $325,000 $7,561 2.63%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $305,000 $305,000 $2,343 2.88%
    Thomasville, GA (FHA|USDA|VA) 2 $300,000 $150,000 $3,740 2.50%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $280,000 $140,000 $0 4.35%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $255,000 $255,000 $2,407 3.12%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $245,000 $245,000 $1,894 2.75%
    Americus, GA (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.15%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $225,000 $225,000 $3,271 2.75%
    TALLAHASSEE, FL (FHA|USDA|VA) 2 $170,000 $85,000 $1,774 4.19%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $165,000 $165,000 $2,846 2.75%
    Danville, KY (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.00%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.88%
    MOBILE, AL (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.88%
    Colony Bank's top markets include Augusta, Savannah, Atlanta, Warner Robins, and Albany among others.

    Their top states include:
  • Georgia (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Colony Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    GEOVISTA
    Similarity Rank: 236
    Emory Alliance Credit Union
    Similarity Rank: 305
    FIRST COMMERCE CREDIT UNION
    Similarity Rank: 399
    SOUTHEASTERN Credit Union
    Similarity Rank: 434
    Coastal Carolina National Bank
    Similarity Rank: 675
    Credence Funding Corporation
    Similarity Rank: 707
    First Community Bank
    Similarity Rank: 1170
    AMERICAN HOME MORTGAGE, INC.
    Similarity Rank: 1218
    FIRST CHOICE MORTGAGE, INC.
    Similarity Rank: 1395
    First Palmetto Bank
    Similarity Rank: 2100

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,391 $334,885,000 $240,751 $3,560 3.39%
    VA 241 $69,905,000 $290,062 $5,461 2.65%
    FHA 207 $39,365,000 $190,169 $6,507 2.82%
    USDA 51 $8,785,000 $172,255 $4,900 2.72%

    For 2021, Colony Bank's most frequently originated type of loan was Conventional, with 1,391 originations. Their 2nd most popular type was VA, with 241 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,213 $299,055,000 $246,542 $4,766 3.02%
    Refi 471 $109,885,000 $233,301 $2,936 3.78%
    Cash Out Refi 189 $40,925,000 $216,534 $3,372 3.00%
    Other 9 $1,905,000 $211,667 $3,218 3.51%
    Home Improvement 8 $1,170,000 $146,250 $3,149 4.03%

    For 2021, Colony Bank's most frequently cited loan purpose was Home Purchase, with 1,213 originations. The 2nd most popular reason was Refi, with 471 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,343 $324,365,000 $241,523 $4,361 2.92%
    15 Year 168 $30,370,000 $180,774 $2,989 2.68%
    Other 164 $38,490,000 $234,695 $2,952 4.67%
    5 Year 66 $15,340,000 $232,424 $0 4.95%
    10 Year 61 $17,115,000 $280,574 $2,609 4.35%
    30+ year 54 $20,410,000 $377,963 $7,731 4.12%
    20 Year 26 $5,410,000 $208,077 $3,012 3.26%
    1 Year 6 $860,000 $143,333 $0 4.95%
    3 Year 2 $580,000 $290,000 $0 4.83%

    For 2021, Colony Bank's most frequently cited loan duration was 30 Year, with 1,343 originations. The 2nd most popular length was 15 Year, with 168 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,343 $319,855,000 $238,165
    $1k-2k 67 $13,075,000 $195,149
    $2k-3k 38 $9,400,000 $247,368
    $5k+ 37 $17,765,000 $480,135
    $3k-4k 29 $7,585,000 $261,552
    $4k-5k 24 $7,700,000 $320,833

    Colony Bank's average total fees were $4,361, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,343 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 837 $198,125,000 $236,708
    3-4% 467 $139,825,000 $299,411
    <2.5% 314 $74,150,000 $236,146
    4-5% 156 $35,240,000 $225,897
    5-6% 78 $4,210,000 $53,974
    6-7% 30 $1,020,000 $34,000
    7-8% 6 $330,000 $55,000
    Over 8% 2 $40,000 $20,000

    During 2021, Colony Bank's average interest rate for loans was 2.92%, while their most frequently originated rate bucket for loans was 2.5-3%, with 837 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 740 $202,750,000 $273,986 $4,649 2.94%
    $100k-200k 644 $98,650,000 $153,183 $3,640 3.00%
    $100,000 or less 292 $16,990,000 $58,185 $2,899 4.39%
    $400k-600k 175 $84,495,000 $482,829 $5,769 3.14%
    $600k-1MM 25 $18,585,000 $743,400 $6,215 3.48%
    $1MM+ 14 $31,470,000 $2,247,857 $4,982 3.56%

    2021 saw Colony Bank place emphasis on $200k-400k loans with 740 originations, totaling $202,750,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 427 $80,335,000 $188,138 $4,331 3.05%
    $100k-150k 382 $99,820,000 $261,309 $4,310 3.09%
    $50k or less 305 $39,945,000 $130,967 $3,963 3.19%
    $75k-100k 278 $63,960,000 $230,072 $4,482 3.11%
    $150k-250k 201 $63,095,000 $313,905 $4,692 3.19%
    $250k+ 92 $34,010,000 $369,674 $4,463 3.40%

    Colony Bank lent most frequently to those with incomes in the $50k-75k range, with 427 originations. The second most popular income band? $100k-150k, with 382 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 383 $89,575,000 $233,877 $3,872 2.93%
    30-36% 312 $75,940,000 $243,397 $3,992 2.95%
    <20% 155 $34,755,000 $224,226 $3,443 2.90%
    41% 70 $16,150,000 $230,714 $4,420 2.98%
    50-60% 67 $15,075,000 $225,000 $6,743 2.79%
    40% 59 $14,325,000 $242,797 $5,192 2.92%
    36% 58 $13,400,000 $231,034 $4,402 3.00%
    44% 57 $13,275,000 $232,895 $4,285 2.97%
    39% 57 $13,235,000 $232,193 $4,429 3.01%
    43% 55 $14,125,000 $256,818 $4,109 2.96%
    38% 54 $13,130,000 $243,148 $5,005 2.92%
    42% 53 $14,485,000 $273,302 $4,900 2.93%
    37% 46 $12,370,000 $268,913 $4,420 3.13%
    46% 38 $8,760,000 $230,526 $4,835 3.03%
    49% 37 $9,635,000 $260,405 $4,778 2.87%
    47% 31 $6,725,000 $216,935 $4,619 2.91%
    45% 31 $7,605,000 $245,323 $5,055 3.01%
    48% 30 $6,880,000 $229,333 $5,096 2.84%
    >60% 7 $1,745,000 $249,286 $4,923 3.69%

    Colony Bank lent most frequently to those with DTI ratios of 20-30%, with 383 originations. The next most common DTI ratio? 30-36%, with 312 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,295 $293,765,000 $226,846 $4,114 3.11%
    Not applicable 148 $53,000,000 $358,108 $0 4.28%
    Not provided 180 $50,940,000 $283,000 $4,745 3.00%
    Black 209 $39,445,000 $188,732 $5,014 3.30%
    Asian 46 $12,670,000 $275,435 $4,435 3.14%
    American Indian 10 $2,750,000 $275,000 $4,575 2.87%
    Native Hawaiian or Islander 1 $345,000 $345,000 $3,844 3.25%
    Other Asian 1 $25,000 $25,000 $0 5.50%

    Approval Rates

    Total approvals of all applications
    95.65%

    Colony Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    85.71%

    Colony Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,890 $452,940,000 $239,651

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,890 $452,940,000 $239,651

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 107 $12,685,000 $118,551 $2,843 4.29%
    40-60% 209 $42,075,000 $201,316 $3,286 3.61%
    60-80% 568 $150,350,000 $264,701 $3,410 3.28%
    80-100% 897 $219,685,000 $244,911 $4,473 2.96%
    Over 100% 85 $24,015,000 $282,529 $9,090 2.70%
    Under 20% 24 $4,130,000 $172,083 $2,872 5.00%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    COLUMBIA BANKING SYSTEM, INC. Conventional home mortgage Trouble during payment process 1 50.0%
    COLUMBIA BANKING SYSTEM, INC. Other type of mortgage Trouble during payment process 1 50.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Colony Bank 104 Springhill Drive Statesboro, GA 30458 Full Service B&M $6,169
    Colony Bank 101 Calumet Center Road Lagrange, GA 30241 Full Service B&M $146,462
    Colony Bank 103 Alabama Street Broxton, GA 31519 Full Service B&M $49,786
    Colony Bank 1031 East 24th Avenue Cordele, GA 31015 Full Service B&M $107,990
    Colony Bank 104 Second Street West Tifton, GA 31794 Full Service B&M $78,780
    Colony Bank 601 North Main Street Sylvester, GA 31791 Full Service B&M $66,223
    Colony Bank 602 E Screven Street Quitman, GA 31643 Full Service B&M $36,142
    Colony Bank 621 East By-Pass N.E. Moultrie, GA 31768 Full Service B&M $55,234
    Colony Bank 675 West Ward Street Douglas, GA 31533 Full Service B&M $98,046
    Colony Bank 7011 Hodgson Memorial Drive Savannah, GA 31406 Full Service B&M $49,592
    Colony Bank 1290 South Houston Lake Road Warner Robins, GA 31095 Full Service B&M $37,021
    Colony Bank 137 Robert B Lee Drive Leesburg, GA 31763 Full Service B&M $70,343
    Colony Bank 1581 Bradley Park Drive Columbus, GA 31904 Full Service B&M $93,614
    Colony Bank 200 Gunn Road Centerville, GA 31028 Full Service B&M $24,070
    Colony Bank 209 First Avenue Rochelle, GA 31079 Full Service B&M $43,355
    Colony Bank 2900 Old Dawson Rd Albany, GA 31721 Full Service B&M $59,461
    Colony Bank 302 South Main Street Fitzgerald, GA 31750 Full Service B&M $305,288
    Colony Bank 310 Main Street, West Soperton, GA 30457 Full Service B&M $19,243
    Colony Bank 3774 Old U.S. Highway 41 North Valdosta, GA 31602 Full Service B&M $38,574
    Colony Bank 416 East Washington Street Ashburn, GA 31714 Limited, Drive-thru $0
    Colony Bank 515 East Washington Avenue Ashburn, GA 31714 Full Service B&M $87,090
    Colony Bank 5510 Oak Street Eastman, GA 31023 Full Service B&M $56,627
    Colony Bank 5987 Ogeechee Road Savannah, GA 31419 Full Service B&M $19,712

    For 2021, Colony Bank had 23 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $70,887
    Net interest income $67,502
    Total noninterest income $36,377
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $6,213
    Trading account gains and fees $0
    Additional Noninterest Income $30,164
    Pre-tax net operating income $24,326
    Securities gains (or losses, -) $-87
    Income before extraordinary items $19,015
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $19,015
    Minority interest net income $0
    Net income $19,015
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $19,083

    Colony Bank's gross interest income from loans was $70,887,000.
    Colony Bank's net interest income from loans was $67,502,000.
    Colony Bank's fee based income from loans was $6,213,000.
    Colony Bank's net income from loans was $19,015,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,385
    Provision for credit losses $700
    Total noninterest expense $78,853
    Salaries and employee benefits $46,028
    Premises and equipment expense $6,149
    Additional noninterest expense $26,676
    Applicable income taxes $5,224
    Net charge-offs $-83
    Cash dividends $30,300

    Colony Bank's interest expense for loans was $3,385,000.
    Colony Bank's payroll and benefits expense were $46,028,000.
    Colony Bank's property, plant and equipment expenses $6,149,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $2,382,541
    Deposits held in domestic offices $2,382,541
    Deposits by Individuals, partnerships, and corporations $2,001,336
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $378,970
    Deposits by Commercial banks and other depository institutions in U.S. $2,235
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,491,320
    Demand deposits $560,508
    Nontransaction accounts $891,221
    Money market deposit accounts (MMDAs) $343,085
    Other savings deposits (excluding MMDAs) $198,909
    Total time deposits $349,227
    Total time and savings deposits $1,822,033
    Noninterest-bearing deposits $560,508
    Interest-bearing deposits $1,822,033
    Retail deposits $2,310,136
    IRAs and Keogh plan accounts $61,158
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,687,322
    Cash & Balances due from depository institutions $183,992
    Interest-bearing balances $165,631
    Total securities $947,744
    Federal funds sold & reverse repurchase $11,184
    Net loans and leases $1,363,217
    Loan and leases loss allowance $12,910
    Trading account assets $0
    Bank premises and fixed assets $43,033
    Other real estate owned $281
    Goodwill and other intangibles $61,630
    All other assets $76,241

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,687,322
    Total Liabilities $2,444,039
    Total deposits $2,382,541
    Interest-bearing deposits $1,822,033
    Deposits held in domestic offices $2,382,541
    % insured (estimated) $61
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $51,656
    Subordinated debt $0
    All other liabilities $9,842

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,363,217
    Loan and leases loss allowance $12,910
    Total loans and leases (domestic) $1,376,127
    All real estate loans $1,183,496
    Real estate loans in domestic offices $1,183,496
    Construction and development loans $165,532
    Residential 1-4 family construction $77,896
    Other construction, all land development and other land $87,636
    Loans secured by nonfarm nonresidential properties $670,270
    Nonfarm nonresidential secured by owner-occupied properties $251,047
    Commercial real estate & other non-farm, non-residential $419,223
    Multifamily residential real estate $47,922
    1-4 family residential loans $228,169
    Farmland loans $71,603
    Loans held in foreign offices $0
    Farm loans $22,787
    Commercial and industrial loans $121,559
    To non-U.S. addressees $0
    Loans to individuals $18,632
    Credit card loans $0
    Related Plans $193
    Consumer Auto Loans $4,337
    Other loans to individuals $14,102
    All other loans & leases $31,089
    Loans to foreign governments and official institutions $0
    Other loans $11,643
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $5,656
    Non 1-4 family restructured loans & leases $5,656
    Total loans and leases (foreign) $0

    Colony Bank had $1,363,217,000 of loans outstanding in 2021. $1,183,496,000 of loans were in real estate loans. $165,532,000 of loans were in development loans. $47,922,000 of loans were in multifamily mortgage loans. $228,169,000 of loans were in 1-4 family mortgage loans. $22,787,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,337,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 922 $272,083 $295,101
    Nonfarm, nonresidential loans - <$100k 195 $10,981 $56,313
    Nonfarm, nonresidential loans - $100-250k 274 $44,532 $162,526
    Nonfarm, nonresidential loans - $250k-1MM 453 $216,570 $478,079
    Commercial & Industrial, US addressed loans - <$1MM 1,571 $112,249 $71,451
    Commercial & Industrial, US addressed loans - <$100k 1,320 $38,845 $29,428
    Commercial & Industrial, US addressed loans - $100-250k 151 $23,629 $156,483
    Commercial & Industrial, US addressed loans - $250k-1MM 100 $49,775 $497,750
    Farmland loans - <$1MM 360 $57,355 $159,319
    Farmland loans - <$100k 175 $8,899 $50,851
    Farmland loans - $100-250k 119 $19,440 $163,361
    Farmland loans - $250k-1MM 66 $29,016 $439,636
    Agriculture operations loans - <$1MM 277 $15,526 $56,051
    Agriculture operations loans - <$100k 240 $8,163 $34,013
    Agriculture operations loans - $100-250k 28 $4,250 $151,786
    Agriculture operations loans - $250k-1MM 9 $3,113 $345,889