Business
Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets
FITZGERALD, Ga. & THOMASVILLE, Ga., July 23, 2025--Colony Bankcorp, Inc. (NYSE: CBAN) ("Colony" or the "Company"), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) ("TC Bancshares"), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the "Merger"). The tr
About this update from Colony Bankcorp, Inc.
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