Slide 1: Investor Presentation Fourth Quarter 2025
INVESTOR PRESENTATION Fourth Quarter 2025
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS This presentation contains “forward-looking statements” within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, certain statements may be co
Slide 3: Cautionary Statements
CAUTIONARY STATEMENTS integrating and realizing the expected financial benefits of previous or pending acquisitions, and the Company’s pursuit of future acquisitions; risks associated with the Merger, including (a) the risk that the cost savings and any revenue synergies may not be realized or take
Slide 4: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Statements included in this presentation include non-GAAP financial measures and should be read along with the accompanying tables, which provide a reconciliation of non-GAAP financial measures to GAAP financial measures. The non-GAAP financial measures used in this prese
Slide 5: Company Profile
COMPANY PROFILE • Georgia’s largest community bank by deposit market share(1) • $3.7 billion in assets as of December 31, 2025 • 37 locations in Georgia, 1 in Alabama and 5 in Florida • Diversified and scalable revenue streams • Proven history of consistent organic growth • Strong core deposit fundi
Slide 6: Colony Bankcorp, Inc.
@4 COLONY BANKCORP, INC. Since 1975, Colony Bank has been empowering progress for individuals, families, and businesses. What began as a single vision in Fitzgerald, Georgia, has transformed into a five-decade journey marked by trust, growth, and innovation. Today, we proudly serve customers across
Slide 7: Colony Bankcorp, Inc. Purpose, Mission and Values
COLONY BANKCORP, INC. The Colony Bank logo features a symbolic lotus flower within its icon, representing the Company's strength and resilience. Paired with upward rays of sunshine, it signifies the potential for a new day and highlights our commitment to supporting our customers’ needs. This design
Slide 8: Executive Leadership Team
EXECUTIVE LEADERSHIP TEAM Years In Years With Name Position Banking Colony T. Heath Fountain Chief Executive Officer 25 7 R. Dallis "D" Copeland, Jr. President 33 4 Derek Shelnutt EVP, Chief Financial Officer 11 5 Edward "Lee" Bagwell EVP, Chief Risk Officer and General Counsel 22 22 Leonard H. "Len
Slide 9: Fourth Quarter Financial Highlights
FOURTH QUARTER FINANCIAL HIGHLIGHTS • Operating net income(1) of $8.9 million Operating / Reported Adjusted(1) • Fifth consecutive quarter of net interest margin expansion to 3.32% Net Income ($mm) $7.84 $8.91 • Operating return on average assets(1) of Earnings Per $0.42 $0.48 1.05% Share • Adjusted
Slide 10: Quarterly Financial Highlights
QUARTERLY FINANCIAL HIGHLIGHTS $ in thousands, except per share data 4Q25 3Q25 4Q24 • Increase in earnings led by another Net Income $7,843 $5,819 $7,432 consecutive quarter of net interest Operating net income(1) $8,905 $8,230 $7,756 margin expansion Earnings per share $0.42 $0.33 $0.42 • Continued
Slide 11: Delivering Shareholder Value
DELIVERING SHAREHOLDER VALUE Adjusted Earnings Per Operating Net Income Operating Return on Share(1) in millions(1) Average Assets(1) $8.9 $8.0 $8.2 $0.44 $0.46 $0.47 $0.48 $7.8 1.06% $6.6 0.99% 1.02% 1.05% $0.38 0.85% 4Q24 1Q25 2Q25 3Q25 4Q25 4Q24 1Q25 2Q25 3Q25 4Q25 4Q24 1Q25 2Q25 3Q25 4Q25 Net In
Slide 12: Objectives and Focus
OBJECTIVES AND FOCUS Short-Term Objectives Long-Term Objectives • Achieve performance objectives • 5 complementary lines of business in complementary lines of > $1 million in net income business • Improve efficiency through • Maintain noninterest expense economies of scale discipline to align with g
Slide 13: Organic Growth
ORGANIC GROWTH • Presence in dynamic growth markets of Atlanta, Augusta, Birmingham, Jacksonville, Tallahassee, the Florida Panhandle, and Savannah provides opportunity for above average growth • Second-tier MSA markets of Albany, Columbus, Macon, Valdosta, and Tifton have significant market share h
Slide 14: M&A Strategy
M&A STRATEGY • Colony seeks to benefit from industry consolidation and become the acquirer of choice in Georgia and contiguous states • 298 banks under $600 million • 87 banks between $600 million and $1.2 billion • Proactive outreach effort to generate opportunities • Management team with deep M&A
Slide 15: TC Federal Acquisition
TC FEDERAL ACQUISITION • Expands in-state franchise with entry into Thomasville market and strengthens presence in coastal Georgia with complementary market overlap in Savannah MSA • Enhances Florida presence with full service entry into the dynamic, high-growth Tallahassee and Jacksonville markets,
Slide 16: TC Federal Acquisition - Financial Highlights
TC FEDERAL ACQUISITION - FINANCIAL HIGHLIGHTS Projected 2026 Earnings Impact • Total deal value $81.3 million • $13 million of goodwill created • Loan fair value marks $12.5 Loans HFI fair value ~$2.7 million million, accreted into income mark accretion over time Time-deposit mark • Core Deposit Int
Slide 17: Efficiency and Scaling
EFFICIENCY AND SCALING • Focused on process improvement and ensuring it is easy to do business with Colony Bank • Hired a Director of Optimization with experience from a large regional bank to oversee process improvement and customer experience • Utilization of Robotic Process Automation ("RPA") and
Slide 18: Innovation and Data Strategy
INNOVATION AND DATA STRATEGY • Investing in Innovation: Participating in fintech funds that connect us with leading technology partners and emerging solutions shaping the future of banking • Expanding Through Fintech Partnerships: Partnering with innovative fintechs to deliver modern products and se
Slide 19: Complementary Lines of Business
COMPLEMENTARY LINES OF BUSINESS 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 Pre-tax Profit/ Pre-tax Profit/ Pre-tax Profit/ Pre-tax Profit/ Pre-tax Profit/ Loss Loss Loss Loss Loss (Dollars in thousands) Mortgage $ (101) $ 31 $ 317 $ (153) $ 382 SBSL 2,242 492 362 362 672 Marine/RV Lending 211 236 349 4
Slide 20: Small Business Specialty Lending Group
SMALL BUSINESS SPECIALTY LENDING GROUP Production and Sales Volume Loan Portfolio Breakdown - $84.9 million (Dollars in millions) $30.0 $29.1 $28.4 $22.2 Commercial RE $17.9 $18.2 50.9% $15.8 $16.8 Construction $15.4 3% $12.1 Commercial, financial & agriculture Residential RE 34.6% 12% 4Q 2024 1Q 20
Slide 21: Mortgage Division
MORTGAGE DIVISION (Dollars in millions) Production and Sales Volume $94.9 $87.3 $89.5 $76.9 $72.0 $65.3 $65.1 $68.1 $55.9 $51.4 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 Production Sales • Stable production and sales volumes relative to changing market rates • Remain focused on secondary market produc
Slide 22: Colony Financial Advisors
COLONY FINANCIAL ADVISORS Strong year over year growth in assets under management Total Assets Under Management (AUM) of $462 million as of December 31st, 2025, compared to $202 million as of December 31st, 2024 Year over year growth of Assets Under Management and Gross Dealer Commissions of 51% Exp
Slide 23: Colony Insurance
COLONY INSURANCE 2025 2024 Items In Force as of December 31st 20,309 12,850 Premium In Force as of December 31st $34.4 million $18.7 million Annual Amortization of Customer Relationship Intangible $351,000 $225,000 • Premium rate increases have presented some retention challenges, though moderation
Slide 24: Shareholder Focused Dividend Policy
SHAREHOLDER FOCUSED DIVIDEND POLICY Quarterly Dividend Payment $0.1200 $0.1125 $0.1150 $0.1075 $0.1100 2022 2023 2024 2025 2026(¹) The current indicated annual rate is $0.48 per share, equating to a yield of 2.6%.(2) (1) The Board of Directors declared a dividend to be paid on its common stock on Fe
Slide 25: Capital Ratios
CAPITAL RATIOS 17.1% 16.5% 16.1% 16.0% 16.0% 14.3% 13.8% 13.4% 13.4% 13.6% 13.1% 12.6% 12.3% 12.4% 12.7% 10.8% 9.6% 9.9% 9.5% 9.4% 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 Tier One Leverage Ratio Tier One Ratio Total Risk-based Capital Ratio Common Equity Tier One Capital Ratio 25
Slide 26: Strength in Our Liquidity Position
STRENGTH IN OUR LIQUIDITY POSITION Significant liquidity sources Debt Funding* As of December 31, 2025 (dollars in millions) (dollars in millions) FRB Reserves $ 205.7 $195.0 $185.0 $185.0 $185.0 $185.0 Other Cash and Due from Banks 50.4 Unencumbered Securities 369.3 FHLB Borrowing Capacity 747.0 Fe
Slide 27: Annual Noninterest Income Mix
ANNUAL NONINTEREST INCOME MIX 100% 80% 60% 40% 35% 34% 30% 31% 30% 20% 0% 2021 2022 2023 2024 2025 Service Charges & Fees Mortgage Loans & Related Fees SBA & Related Fees Insurance Division Merchant Services Wealth Management Interchange Income Other Total Non Int. Income/Total Income 27
Slide 28: Quarterly Noninterest Income Mix
QUARTERLY NONINTEREST INCOME MIX 100% 75% 50% 33% 30% 31% 31% 30% 25% 0% 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 Service Charges & Fees Mortgage Loans & Related Fees SBA & Related Fees Insurance Division Merchant Services Wealth Management Interchange Income Other Total Non Int. Income/Total Income
Slide 29: Annual Deposit Mix and Pricing
ANNUAL DEPOSIT MIX AND PRICING 2.42% 2.15% 1.76% 0.32% 0.19% 2021 2022 2023 2024 2025 Noninterest-bearing Interest-bearing Savings/money market Time Cost of interest-bearing deposits 29
Slide 30: Quarterly Deposit Mix and Pricing
QUARTERLY DEPOSIT MIX AND PRICING 2.38% 2.22% 2.18% 2.14% 2.07% 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 Noninterest-bearing Interest-bearing Savings/money market Time Cost of interest-bearing deposits 30
Slide 31: Deposit Balance Data
DEPOSIT BALANCE DATA AVERAGE DEPOSIT BALANCE PER ACCOUNT (Dollars in thousands) $55.8 $51.2 $52.0 $52.8 $53.4 $39.5 $39.1 $39.4 $38.4 $39.9 $20.4 $22.2 $21.5 $21.3 $22.9 $13.7 $13.2 $12.9 $13.2 $14.6 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 Noninterest-bearing Interest-bearing Savings/money market Ti
Slide 32: Diversity of Business Deposit Base
DIVERSITY OF BUSINESS DEPOSIT BASE As of December 31, 2025 Construction Public Administration 12.8% 20.2% All other 2.6% Educational Services 6.7% Transportation and Warehousing 1.3% Wholesale Trade 1.8% Real Estate and Rental and Leasing 11.6% Accommodation and Food Services 1.1% Other Services(exc
Slide 33: Loan Portfolio Breakdown
LOAN PORTFOLIO BREAKDOWN As of December 31, 2025 $2,381.2 million $2,011.8 million Farmland 3.5% Construction 15.0% Nonowner occupied real Agriculture estate 33.0% 0.6% Commercial Real Estate 84.5% Residential real 8.6% estate 22.8% Consumer and Other 6.3% Multifamily real estate 5.3% Owner occupied
Slide 34: Loan Portfolio
LOAN PORTFOLIO Loan Yields by Department/Product 15.80% 15.59% 15.43% 15.16% 14.39% 11.43% 10.94% 10.94% 10.89% 11.09% 10.40% 9.84% 9.84% 9.84% 8.54% 5.73% 5.71% 5.85% 5.89% 5.84% 4Q2024 1Q2025 2Q2025 3Q2025 4Q2025 Bank-Internally Originated Third Party Originators-Upstart SBSL - 7a SBSL-Express/Fla
Slide 35: Loan Portfolio
LOAN PORTFOLIO (Dollars in millions) Organic Loan Growth $2,381 $1,843 $1,921 $1,994 $2,037 8.02% 7.83% 7.33% 7.72% 7.78% 4Q2024 1Q2025 2Q2025 3Q2025 4Q2025 Organic Purchased Loans Weighted average rate on new & renewed loans Commercial Real Estate Production Residential Construction Loan Originatio
Slide 36: Commercial Real Estate by Type
COMMERCIAL REAL ESTATE BY TYPE As of December 31, 2025 (Dollars in thousands) Outstanding Average Type Balance Deal Size Specialty and Other 5% Retail $ 185,395 $ 1,334 Government Retail Guaranteed:SBSL 1% Multifamily 106,039 1,262 24% Mini-warehouse 8% Office 137,992 890 Industrial & Warehouse 73,9
Slide 37: Acquired Loans
ACQUIRED LOANS Farmland • Fair value of loans acquired Construction 0.5% Multifamily real estate 5.2% through TC Federal totaled $413 10.6% Consumer and other million as of the acquisition date 1.8% Owner occupied Commercial real estate 12.2% • Expected weighted average yield 3.6% of 6.89% on acquir
Slide 38: Repricing Schedule
REPRICING SCHEDULE Quarterly Fiscal Year 2028 & (Dollars in millions) 1Q 2026 2Q 2026 3Q 2026 4Q 2026 2026 2027 Beyond Loan Maturity & Repricing Schedule: Fixed Rate Loans $ 75 $ 29 $ 42 $ 24 $ 170 $ 244 $ 976 Weighted Average Rate 6.48 % 5.35 % 6.06 % 5.02 % 5.95 % 5.16 % 5.76 % Adjustable & Variab
Slide 39: Investment Securities
INVESTMENT SECURITIES Pre-tax Unrealized Losses on Securities (in millions) AFS/HTM 100% $47.0 $43.6 $41.4 $38.6 $40.5 75% $37.1 $35.6 $31.5 $32.4 $29.5 50% 25% —% 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 4Q 2024 1Q 2025 2Q 2025 3Q 2025 4Q 2025 Available for Sale HTM AFS HTM Other Portfolio Metrics A
Slide 40: Investment Considerations
INVESTMENT CONSIDERATIONS • Premier Southeast community bank located in growing markets • Core deposit funded with minimal reliance on wholesale funding • Diversified sources of revenue • Improving earnings outlook as new business lines and markets mature • Upside potential to tangible book value as
Slide 41: Reconciliation of Non-GAAP Measures
RECONCILIATION OF NON-GAAP MEASURES (dollars in thousands, except per share data) 2025 2024 Fourth Quarter Third Quarter Second Quarter First Quarter Fourth Quarter Operating noninterest income reconciliation Noninterest income (GAAP) $ 11,047 $ 10,091 $ 10,098 $ 9,044 $ 10,309 Loss on sales of secu
Slide 42: Reconciliation of Non-GAAP Measures
RECONCILIATION OF NON-GAAP MEASURES (dollars in thousands, except per share data) 2025 2024 Fourth Quarter Third Quarter Second Quarter First Quarter Fourth Quarter Operating return on average tangible equity reconciliation Return on average tangible equity 11.63 % 9.56 % 13.70 % 11.83 % 13.16 % Acq
Slide 43: Colony Bankcorp, Inc.
(we COLONY BANKCORP, INC. Righthorowsith you. NYSE: CBAN