FITZGERALD, Ga. (AP) — FITZGERALD, Ga. (AP) — Colony Bankcorp Inc. (CBAN) on Wednesday reported first-quarter net income of $6.6 million.
The Fitzgerald, Georgia-based bank said it had earnings of 38 cents per share.
The bank holding company posted revenue of $44.6 million in the period. Its revenue net of interest expense was $30 million, which fell short of Street forecasts.
Colony Bankcorp shares have decreased 4.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $15.42, a rise of 43% in the last 12 months.
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