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Colony Bankcorp completes First Reliance merger

PUBLIC · CBANNov 01, 2026

Acquiring Company

Colony Bankcorp

Acquired Company

First Reliance Bancshares

GeorgiaFlorenceFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Colony Bankcorp, Inc. announced the completion of its merger with First Reliance Bancshares, Inc., effective November 1, 2026. The strategic partnership expands Colony's presence into South Carolina. The combined company creates a growing Southeast community banking franchise.

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Company Information

Company

Colony Bankcorp

Location

Georgia, United States

About

Colony Bankcorp, Inc. is the bank holding company for Colony Bank. Founded in 1975 and headquartered in Fitzgerald, Georgia, Colony operates 39 locations throughout Georgia. The Homebuilder Finance Division helps the local construction industry with building and construction loans, and the Small Business Specialty Lending Division assists small businesses with government guaranteed loans. The Bank also helps its customers achieve their goal of home ownership through Colony Bank Mortgage and provides consumer insurance solutions through Colony Insurance. Colony’s common stock is traded on the NASDAQ Global Select Market under the symbol “CBAN.” For more information, please visit www.colony.bank. You can also follow the Company on Facebook or on Twitter @colony_bank.

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Frequently asked

Who acquired First Reliance Bancshares?

First Reliance Bancshares was acquired by Colony Bankcorp, based in Georgia. The deal was reported on November 1, 2026. Colony Bankcorp, Inc. is the bank holding company for Colony Bank. Founded in 1975 and headquartered in Fitzgerald, Georgia, Colony operates 39 locations throughout Georgia. Colony Bankcorp is publicly traded (CBAN) and operates in Financial Services.

When did Colony Bankcorp acquire First Reliance Bancshares?

Colony Bankcorp's acquisition of First Reliance Bancshares was reported on November 1, 2026. Colony Bankcorp, Inc. announced the completion of its merger with First Reliance Bancshares, Inc., effective November 1, 2026. The strategic partnership expands Colony's presence into South Carolina. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does First Reliance Bancshares do?

First Reliance Bancshares, Inc. is the holding company for First Reliance Bank. The company offers a range of banking services primarily to customers in South Carolina. It is privately held, operating in Financial Services, and is based in Florence.

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