Colony Bank Mortgage Rates, Fees & Info

Fitzgerald, GA

LEI: 254900AHLSHUJOTJG402

Tax ID: 58-1248467

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • 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, Lagrange, Savannah, Atlanta, and Warner Robins among others. We have data for 50 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 a low 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.56% 4/22/24
    30 Year Conventional Refi 6.65% 4/22/24
    30 Year Cash-out Refi 6.81% 4/22/24
    30 Year FHA Purchase 7.31% 4/22/24
    30 Year FHA Refi 7.84% 4/22/24
    30 Year VA Purchase 6.27% 4/22/24
    30 Year VA Refi 6.00% 4/22/24
    30 Year USDA Purchase 6.80% 4/22/24
    15 Year Conventional Purchase 6.00% 4/22/24
    15 Year Conventional Refi 6.12% 4/22/24
    15 Year Cash-out Refi 6.12% 4/22/24
    15 Year VA Purchase 6.30% 4/22/24
    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.

    Colony Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Colony Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,703

    Origination Dollar Volume (All Markets)

    $341,705,000

    Employee count

    354 Show all (30) awards

    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) 182 $47,110,000 $258,846 $3,953 2.69%
    LaGrange, GA-AL (FHA|USDA|VA) 215 $40,485,000 $188,302 $3,351 3.29%
    SAVANNAH, GA (FHA|USDA|VA) 144 $38,900,000 $270,139 $4,275 3.27%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 138 $38,090,000 $276,014 $4,093 3.24%
    WARNER ROBINS, GA (FHA|USDA|VA) 168 $32,580,000 $193,929 $4,123 3.05%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 149 $26,295,000 $176,477 $4,848 3.22%
    VALDOSTA, GA (FHA|USDA|VA) 93 $18,375,000 $197,581 $4,283 3.82%
    Outside of Metro Areas 113 $15,935,000 $141,018 $3,533 4.17%
    ALBANY, GA (FHA|USDA|VA) 95 $15,005,000 $157,947 $3,852 3.60%
    COLUMBUS, GA-AL (FHA|USDA|VA) 49 $9,435,000 $192,551 $3,784 3.65%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 33 $8,305,000 $251,667 $3,708 2.95%
    Vidalia, GA (FHA|USDA|VA) 35 $7,505,000 $214,429 $3,791 3.11%
    Tifton, GA (FHA|USDA|VA) 48 $6,660,000 $138,750 $3,606 4.25%
    Cordele, GA (FHA|USDA|VA) 21 $4,465,000 $212,619 $4,089 4.25%
    Milledgeville, GA (FHA|USDA|VA) 17 $3,455,000 $203,235 $4,321 2.94%
    Douglas, GA (FHA|USDA|VA) 27 $3,435,000 $127,222 $3,354 4.34%
    Dublin, GA (FHA|USDA|VA) 26 $3,120,000 $120,000 $4,121 4.38%
    Statesboro, GA (FHA|USDA|VA) 16 $2,870,000 $179,375 $3,602 3.28%
    JACKSONVILLE, FL (FHA|USDA|VA) 7 $2,735,000 $390,714 $3,181 3.51%
    Fitzgerald, GA (FHA|USDA|VA) 42 $2,690,000 $64,048 $3,497 5.11%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 12 $2,640,000 $220,000 $3,855 3.26%
    Moultrie, GA (FHA|USDA|VA) 23 $2,415,000 $105,000 $3,465 3.82%
    GAINESVILLE, GA (FHA|USDA|VA) 5 $1,375,000 $275,000 $3,344 3.03%
    HINESVILLE, GA (FHA|USDA|VA) 3 $695,000 $231,667 $5,749 2.67%
    BRUNSWICK, GA (FHA|USDA|VA) 2 $530,000 $265,000 $3,207 2.99%
    Thomaston, GA (FHA|USDA|VA) 6 $520,000 $86,667 $3,480 4.08%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $500,000 $250,000 $3,529 2.81%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $500,000 $250,000 $0 5.41%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $490,000 $245,000 $3,708 3.00%
    Thomasville, GA (FHA|USDA|VA) 3 $385,000 $128,333 $6,070 5.15%
    Americus, GA (FHA|USDA|VA) 3 $375,000 $125,000 $3,028 3.87%
    COLUMBIA, SC (FHA|USDA|VA) 2 $360,000 $180,000 $7,265 2.38%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $355,000 $355,000 $0 3.38%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $325,000 $325,000 $2,662 2.99%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $305,000 $305,000 $5 2.25%
    Jefferson, GA (FHA|USDA|VA) 1 $295,000 $295,000 $2,672 2.63%
    ROME, GA (FHA|USDA|VA) 1 $245,000 $245,000 $3,103 3.00%
    Toccoa, GA (FHA|USDA|VA) 1 $245,000 $245,000 $2,323 2.99%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $3,644 2.88%
    Lake City, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,651 2.63%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $185,000 $185,000 $1,934 2.25%
    CLEVELAND, TN (FHA|USDA|VA) 1 $175,000 $175,000 $1,878 3.63%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,199 2.88%
    DECATUR, AL (FHA|USDA|VA) 1 $145,000 $145,000 $2,878 3.13%
    Calhoun, GA (FHA|USDA|VA) 1 $145,000 $145,000 $5,855 2.38%
    Brevard, NC (FHA|USDA|VA) 1 $145,000 $145,000 $4,121 3.38%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.39%
    Waycross, GA (FHA|USDA|VA) 2 $80,000 $40,000 $0 5.75%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.12%
    MOBILE, AL (FHA|USDA|VA) 2 $70,000 $35,000 $0 4.56%
    Colony Bank's top markets include Augusta, Lagrange, Savannah, Atlanta, and Warner Robins 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.

    SOUTHEASTERN Credit Union
    Similarity Rank: 196
    Coastal Carolina National Bank
    Similarity Rank: 500
    Emory Alliance Credit Union
    Similarity Rank: 855
    SANCTUARY HOME MORTGAGE LLC
    Similarity Rank: 932
    FIRST CHOICE MORTGAGE, INC.
    Similarity Rank: 1176
    AUGUSTA MORTGAGE CO.
    Similarity Rank: 1404
    Credence Funding Corporation
    Similarity Rank: 1560
    AMERICAN HOME MORTGAGE, INC.
    Similarity Rank: 1792
    First Reliance Bank
    Similarity Rank: 2166
    COCA-COLA
    Similarity Rank: 2496

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,248 $251,790,000 $201,755 $3,348 3.62%
    FHA 197 $31,805,000 $161,447 $6,294 3.01%
    VA 176 $45,720,000 $259,773 $4,407 2.68%
    USDA 82 $12,390,000 $151,098 $4,612 3.07%

    For 2020, Colony Bank's most frequently originated type of loan was Conventional, with 1,248 originations. Their 2nd most popular type was FHA, with 197 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 986 $199,920,000 $202,759 $4,416 3.19%
    Refi 567 $113,765,000 $200,644 $3,035 3.80%
    Cash Out Refi 133 $26,415,000 $198,609 $3,593 3.35%
    Home Improvement 9 $615,000 $68,333 $2,598 5.53%
    Other 8 $990,000 $123,750 $3,739 4.08%

    For 2020, Colony Bank's most frequently cited loan purpose was Home Purchase, with 986 originations. The 2nd most popular reason was Refi, with 567 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,155 $250,855,000 $217,190 $4,106 3.04%
    15 Year 182 $31,720,000 $174,286 $2,954 3.08%
    Other 172 $23,320,000 $135,581 $2,921 5.15%
    5 Year 64 $7,080,000 $110,625 $0 5.21%
    10 Year 47 $11,545,000 $245,638 $2,864 4.42%
    20 Year 42 $6,540,000 $155,714 $2,700 3.62%
    30+ year 33 $10,155,000 $307,727 $6,929 4.18%
    1 Year 6 $400,000 $66,667 $0 5.35%
    3 Year 2 $90,000 $45,000 $0 4.95%

    For 2020, Colony Bank's most frequently cited loan duration was 30 Year, with 1,155 originations. The 2nd most popular length was 15 Year, with 182 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,120 $242,690,000 $216,688
    $1k-2k 121 $20,505,000 $169,463
    $2k-3k 59 $10,635,000 $180,254
    $3k-4k 45 $9,745,000 $216,556
    $4k-5k 24 $7,810,000 $325,417
    $5k+ 17 $7,385,000 $434,412

    Colony Bank's average total fees were $4,106, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,120 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 581 $127,875,000 $220,095
    3-4% 541 $110,555,000 $204,353
    <2.5% 252 $61,130,000 $242,579
    4-5% 165 $31,455,000 $190,636
    5-6% 131 $9,325,000 $71,183
    6-7% 30 $1,330,000 $44,333
    Over 8% 2 $10,000 $5,000
    7-8% 1 $25,000 $25,000

    During 2020, Colony Bank's average interest rate for loans was 3.04%, while their most frequently originated rate bucket for loans was 2.5-3%, with 581 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 664 $99,520,000 $149,880 $3,894 3.24%
    $200k-400k 579 $159,325,000 $275,173 $4,120 3.01%
    $100,000 or less 348 $19,860,000 $57,069 $3,222 4.52%
    $400k-600k 95 $44,845,000 $472,053 $4,766 3.09%
    $600k-1MM 11 $7,735,000 $703,182 $6,894 3.93%
    $1MM+ 6 $10,420,000 $1,736,667 $117 3.93%

    2020 saw Colony Bank place emphasis on $100k-200k loans with 664 originations, totaling $99,520,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 379 $66,315,000 $174,974 $4,102 3.15%
    $50k or less 345 $39,435,000 $114,304 $4,134 3.55%
    $100k-150k 300 $72,430,000 $241,433 $3,796 3.34%
    $75k-100k 268 $55,420,000 $206,791 $4,024 3.17%
    $150k-250k 173 $47,585,000 $275,058 $3,834 3.38%
    $250k+ 79 $24,695,000 $312,595 $4,156 3.48%

    Colony Bank lent most frequently to those with incomes in the $50k-75k range, with 379 originations. The second most popular income band? $50k or less, with 345 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 371 $80,455,000 $216,860 $3,565 3.12%
    30-36% 272 $56,360,000 $207,206 $4,001 3.08%
    <20% 163 $32,335,000 $198,374 $3,300 3.09%
    44% 60 $12,120,000 $202,000 $4,313 3.26%
    43% 56 $12,380,000 $221,071 $4,719 3.04%
    50-60% 53 $11,945,000 $225,377 $6,121 3.13%
    42% 52 $11,450,000 $220,192 $4,281 3.14%
    38% 51 $11,225,000 $220,098 $4,373 3.06%
    36% 48 $9,330,000 $194,375 $4,362 3.19%
    37% 48 $9,460,000 $197,083 $3,764 3.19%
    39% 47 $11,275,000 $239,894 $4,420 3.01%
    41% 46 $8,730,000 $189,783 $4,117 3.14%
    40% 41 $7,265,000 $177,195 $4,154 3.14%
    45% 30 $6,530,000 $217,667 $4,101 3.26%
    49% 28 $5,320,000 $190,000 $4,792 3.09%
    46% 25 $5,365,000 $214,600 $4,037 3.23%
    47% 24 $4,840,000 $201,667 $3,857 3.17%
    48% 16 $3,300,000 $206,250 $3,952 2.95%
    >60% 3 $875,000 $291,667 $3,508 3.10%

    Colony Bank lent most frequently to those with DTI ratios of 20-30%, with 371 originations. The next most common DTI ratio? 30-36%, with 272 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,209 $243,795,000 $201,650 $3,883 3.32%
    Not provided 165 $35,805,000 $217,000 $4,167 3.12%
    Black 169 $27,665,000 $163,698 $4,420 3.38%
    Not applicable 117 $24,235,000 $207,137 $0 4.94%
    Asian 23 $6,055,000 $263,261 $4,156 3.13%
    American Indian 9 $1,745,000 $193,889 $4,212 3.21%
    Filipino 1 $675,000 $675,000 $125 2.50%
    Native Hawaiian or Islander 3 $565,000 $188,333 $5,144 3.44%
    Asian Indian 2 $470,000 $235,000 $3,245 3.33%
    Other Asian 4 $450,000 $112,500 $3,542 4.31%
    Chinese 1 $245,000 $245,000 $0 5.00%

    Approval Rates

    Total approvals of all applications
    96.69%

    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
    87.73%

    Colony Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,703 $341,705,000 $200,649

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 7 $2,935,000 $419,286
    Multifamily:Site-Built 34 $15,890,000 $467,353
    Single Family (1-4 Units):Manufactured 41 $1,395,000 $34,024
    Single Family (1-4 Units):Site-Built 1,621 $321,485,000 $198,325

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 96 $9,740,000 $101,458 $2,715 4.64%
    40-60% 185 $32,225,000 $174,189 $3,034 3.92%
    60-80% 538 $113,570,000 $211,097 $3,390 3.55%
    80-100% 799 $169,565,000 $212,222 $4,223 3.08%
    Over 100% 64 $15,380,000 $240,313 $7,160 2.92%
    Under 20% 21 $1,225,000 $58,333 $2,368 4.86%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    COLUMBIA BANKING SYSTEM, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Colony Bank 2609 Ledo Road Albany, GA 31707 Full Service B&M $53,458
    Colony Bank 101 Calumet Center Road Lagrange, GA 30241 Full Service B&M $138,416
    Colony Bank 103 Alabama Street Broxton, GA 31519 Full Service B&M $45,034
    Colony Bank 1031 East 24th Avenue Cordele, GA 31015 Full Service B&M $82,262
    Colony Bank 104 Second Street West Tifton, GA 31794 Full Service B&M $60,264
    Colony Bank 104 Springhill Drive Statesboro, GA 30458 Full Service B&M $4,307
    Colony Bank 1290 South Houston Lake Road Warner Robins, GA 31095 Full Service B&M $36,027
    Colony Bank 1351 Southeast Bowens Mill Road Douglas, GA 31533 Full Service B&M $11,332
    Colony Bank 137 Robert B Lee Drive Leesburg, GA 31763 Full Service B&M $57,447
    Colony Bank 1581 Bradley Park Drive Columbus, GA 31904 Full Service B&M $32,699
    Colony Bank 200 Gunn Road Centerville, GA 31028 Full Service B&M $26,422
    Colony Bank 206 North Church Street Thomaston, GA 30286 Full Service B&M $42,935
    Colony Bank 209 First Avenue Rochelle, GA 31079 Full Service B&M $38,252
    Colony Bank 241 Drayton Street Savannah, GA 31401 Full Service B&M $5,153
    Colony Bank 2910-N North Ashley Street Valdosta, GA 31602 Full Service B&M $13,059
    Colony Bank 2921 Airport Thru Way Columbus, GA 31909 Full Service B&M $46,560
    Colony Bank 302 South Main Street Fitzgerald, GA 31750 Full Service B&M $279,473
    Colony Bank 310 Main Street, West Soperton, GA 30457 Full Service B&M $18,300
    Colony Bank 3774 Old U.S. Highway 41 North Valdosta, GA 31602 Full Service B&M $18,869
    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 $81,244
    Colony Bank 5510 Oak Street Eastman, GA 31023 Full Service B&M $52,726
    Colony Bank 5987 Ogeechee Road Savannah, GA 31419 Full Service B&M $18,484
    Colony Bank 601 North Main Street Sylvester, GA 31791 Full Service B&M $56,990
    Colony Bank 602 E Screven Street Quitman, GA 31643 Full Service B&M $40,906
    Colony Bank 621 East By-Pass N.E. Moultrie, GA 31768 Full Service B&M $48,525
    Colony Bank 675 West Ward Street Douglas, GA 31533 Full Service B&M $77,598
    Colony Bank 7011 Hodgson Memorial Drive Savannah, GA 31406 Full Service B&M $39,368
    Colony Bank U.S. Highway 129 And Roanoke Drive Fitzgerald, GA 31750 Limited, Drive-thru $0

    For 2020, Colony Bank had 29 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $63,086
    Net interest income $56,422
    Total noninterest income $23,392
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $5,293
    Trading account gains and fees $0
    Additional Noninterest Income $18,099
    Pre-tax net operating income $14,761
    Securities gains (or losses, -) $926
    Income before extraordinary items $12,657
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $12,657
    Minority interest net income $0
    Net income $12,657
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $11,906

    Colony Bank's gross interest income from loans was $63,086,000.
    Colony Bank's net interest income from loans was $56,422,000.
    Colony Bank's fee based income from loans was $5,293,000.
    Colony Bank's net income from loans was $12,657,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,664
    Provision for credit losses $6,558
    Total noninterest expense $58,495
    Salaries and employee benefits $33,857
    Premises and equipment expense $5,241
    Additional noninterest expense $19,397
    Applicable income taxes $3,030
    Net charge-offs $1,294
    Cash dividends $6,100

    Colony Bank's interest expense for loans was $6,664,000.
    Colony Bank's payroll and benefits expense were $33,857,000.
    Colony Bank's property, plant and equipment expenses $5,241,000.

    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 1.0%
    Credit card loans 0.0%
    Other individual loans 1.0%
    Auto loans 0.0%
    Other consumer loans 1.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,447,698
    Deposits held in domestic offices $1,447,698
    Deposits by Individuals, partnerships, and corporations $1,230,484
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $214,529
    Deposits by Commercial banks and other depository institutions in U.S. $2,685
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $136,436
    Demand deposits $54,827
    Nontransaction accounts $1,311,262
    Money market deposit accounts (MMDAs) $941,322
    Other savings deposits (excluding MMDAs) $108,326
    Total time deposits $261,614
    Total time and savings deposits $1,392,871
    Noninterest-bearing deposits $54,251
    Interest-bearing deposits $1,393,447
    Retail deposits $1,413,043
    IRAs and Keogh plan accounts $39,944
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,760,944
    Cash & Balances due from depository institutions $179,358
    Interest-bearing balances $162,603
    Total securities $380,569
    Federal funds sold & reverse repurchase $2,227
    Net loans and leases $1,099,762
    Loan and leases loss allowance $12,127
    Trading account assets $0
    Bank premises and fixed assets $32,344
    Other real estate owned $1,006
    Goodwill and other intangibles $18,558
    All other assets $47,120

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,760,944
    Total Liabilities $1,583,977
    Total deposits $1,447,698
    Interest-bearing deposits $1,393,447
    Deposits held in domestic offices $1,447,698
    % insured (estimated) $64
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $129,289
    Subordinated debt $0
    All other liabilities $6,990

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,099,762
    Loan and leases loss allowance $12,127
    Total loans and leases (domestic) $1,111,889
    All real estate loans $876,749
    Real estate loans in domestic offices $876,749
    Construction and development loans $121,072
    Residential 1-4 family construction $48,613
    Other construction, all land development and other land $72,459
    Loans secured by nonfarm nonresidential properties $430,753
    Nonfarm nonresidential secured by owner-occupied properties $151,867
    Commercial real estate & other non-farm, non-residential $278,886
    Multifamily residential real estate $26,084
    1-4 family residential loans $232,602
    Farmland loans $66,238
    Loans held in foreign offices $0
    Farm loans $16,722
    Commercial and industrial loans $174,322
    To non-U.S. addressees $0
    Loans to individuals $21,615
    Credit card loans $0
    Related Plans $106
    Consumer Auto Loans $4,064
    Other loans to individuals $17,445
    All other loans & leases $24,874
    Loans to foreign governments and official institutions $0
    Other loans $5,707
    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 $11,693
    Non 1-4 family restructured loans & leases $10,991
    Total loans and leases (foreign) $0

    Colony Bank had $1,099,762,000 of loans outstanding in 2020. $876,749,000 of loans were in real estate loans. $121,072,000 of loans were in development loans. $26,084,000 of loans were in multifamily mortgage loans. $232,602,000 of loans were in 1-4 family mortgage loans. $16,722,000 of loans were in farm loans. $0 of loans were in credit card loans. $4,064,000 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 690 $150,025 $217,428
    Nonfarm, nonresidential loans - <$100k 180 $7,235 $40,194
    Nonfarm, nonresidential loans - $100-250k 212 $26,031 $122,788
    Nonfarm, nonresidential loans - $250k-1MM 298 $116,759 $391,809
    Commercial & Industrial, US addressed loans - <$1MM 1,114 $46,646 $41,873
    Commercial & Industrial, US addressed loans - <$100k 960 $17,873 $18,618
    Commercial & Industrial, US addressed loans - $100-250k 101 $10,377 $102,743
    Commercial & Industrial, US addressed loans - $250k-1MM 53 $18,396 $347,094
    Farmland loans - <$1MM 366 $35,722 $97,601
    Farmland loans - <$100k 193 $6,626 $34,332
    Farmland loans - $100-250k 128 $15,938 $124,516
    Farmland loans - $250k-1MM 45 $13,158 $292,400
    Agriculture operations loans - <$1MM 277 $9,969 $35,989
    Agriculture operations loans - <$100k 246 $5,418 $22,024
    Agriculture operations loans - $100-250k 24 $2,763 $115,125
    Agriculture operations loans - $250k-1MM 7 $1,788 $255,429