Colony Bankcorp, Inc. (CBAN) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. Thank you. I would now like to turn the conference over to Brenda Collins, Communications Manager. You may begin. Thanks, Karla. Before we get started, I would like to go through our standard disclosures. Certain statements we make on this call could be constituted as forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Current and prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance All of which are available on our website. I would also like to add that during our call today, we will reference our second quarter earnings release and investor presentation, which were both filed yesterday, so please have those available to reference. I'll call over to our Chief Executive Officer, Heath Fountain. Thanks, Brantley, and thank you to everyone for joining our second quarter earnings call today. We are pleased to report continued improvement in our financial performance for the quarter and I'm proud of our team members for all the work they are doing to help us achieve our objectives. A major highlight from the quarter was the announcement of our partnership with First Reliance Bank. Integration planning is already well underway with both management teams working closely together to ensure we remain on track for a legal close in the fourth quarter. On the regulatory front, our merger applications have been submitted and we expect to file the S-4 in the near future. The second quarter also marked our first full period of performance following the successful TC federal systems conversion and customer integration in Q1. Our expectation was to achieve a 1.20% operating ROA after fully realizing our targeted cost savings and we were able to...