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Colony Bankcorp

Nasdaq:CBAN
Snowflake Description

Excellent balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CBAN
Nasdaq
$161M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and retail customers. The last earnings update was 14 days ago. More info.


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CBAN Share Price and Events
7 Day Returns
-1.4%
NasdaqGM:CBAN
0.5%
US Banks
1.6%
US Market
1 Year Returns
4%
NasdaqGM:CBAN
-10%
US Banks
2.6%
US Market
CBAN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Colony Bankcorp (CBAN) -1.4% 0.1% 6% 4% 76.4% 182.4%
US Banks 0.5% -3.2% -2.2% -10% 41.6% 47.1%
US Market 1.6% -1.7% 2.1% 2.6% 38.5% 41.4%
1 Year Return vs Industry and Market
  • CBAN outperformed the Banks industry which returned -10% over the past year.
  • CBAN outperformed the Market in United States of America which returned 2.6% over the past year.
Price Volatility
CBAN
Industry
5yr Volatility vs Market

Value

 Is Colony Bankcorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Colony Bankcorp to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Colony Bankcorp.

NasdaqGM:CBAN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= $10.54 * 9.6%
$1.01
Book Value of Equity per Share Median Book Value from the past 5 years. $10.54
Discount Rate (Cost of Equity) See below 7.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGM:CBAN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.62
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.622 (1 + (1- 21%) (39.16%))
0.876
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.88
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.876 * 5.96%)
7.95%

Discounted Cash Flow Calculation for NasdaqGM:CBAN using Excess Returns Model Model

The calculations below outline how an intrinsic value for Colony Bankcorp is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NasdaqGM:CBAN Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (9.6% – 7.95%) * $10.54)
$0.18
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.18 / (7.95% - 2.73%)
$3.39
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $10.54 + $3.39
$13.93
NasdaqGM:CBAN Discount to Share Price
Calculation Result
Value per share (USD) From above. $13.93
Current discount Discount to share price of $17.00
= -1 x ($17.00 - $13.93) / $13.93
-22%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Colony Bankcorp is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Colony Bankcorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Colony Bankcorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:CBAN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.37
NasdaqGM:CBAN Share Price ** NasdaqGM (2019-05-21) in USD $17
United States of America Banks Industry PE Ratio Median Figure of 593 Publicly-Listed Banks Companies 12.81x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Colony Bankcorp.

NasdaqGM:CBAN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:CBAN Share Price ÷ EPS (both in USD)

= 17 ÷ 1.37

12.41x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Colony Bankcorp is good value based on earnings compared to the US Banks industry average.
  • Colony Bankcorp is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Colony Bankcorp's expected growth come at a high price?
Raw Data
NasdaqGM:CBAN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.41x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
4.3%per year
United States of America Banks Industry PEG Ratio Median Figure of 270 Publicly-Listed Banks Companies 1.33x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Colony Bankcorp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Colony Bankcorp's assets?
Raw Data
NasdaqGM:CBAN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $11.97
NasdaqGM:CBAN Share Price * NasdaqGM (2019-05-21) in USD $17
United States of America Banks Industry PB Ratio Median Figure of 598 Publicly-Listed Banks Companies 1.21x
United States of America Market PB Ratio Median Figure of 5,202 Publicly-Listed Companies 1.84x
NasdaqGM:CBAN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:CBAN Share Price ÷ Book Value per Share (both in USD)

= 17 ÷ 11.97

1.42x

* Primary Listing of Colony Bankcorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Colony Bankcorp is overvalued based on assets compared to the US Banks industry average.
X
Value checks
We assess Colony Bankcorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Colony Bankcorp has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Colony Bankcorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Colony Bankcorp, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Colony Bankcorp expected to grow at an attractive rate?
  • Colony Bankcorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Colony Bankcorp's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Colony Bankcorp's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:CBAN Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:CBAN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 4.3%
United States of America Banks Industry Earnings Growth Rate Market Cap Weighted Average 3.9%
United States of America Banks Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:CBAN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:CBAN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 50 15 12
2018-12-31 50 15 12
2018-09-30 50 13 10
2018-06-30 50 13 9
2018-03-31 49 12 9
2017-12-31 48 13 8
2017-09-30 48 15 9
2017-06-30 47 14 8
2017-03-31 47 14 7
2016-12-31 47 13 7
2016-09-30 47 13 7
2016-06-30 46 15 7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Colony Bankcorp's earnings are expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Colony Bankcorp is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:CBAN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Colony Bankcorp Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:CBAN Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.37
2018-12-31 1.41
2018-09-30 1.13
2018-06-30 1.12
2018-03-31 1.05
2017-12-31 0.89
2017-09-30 1.05
2017-06-30 0.96
2017-03-31 0.88
2016-12-31 0.85
2016-09-30 0.82
2016-06-30 0.78

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Colony Bankcorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Colony Bankcorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Colony Bankcorp has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Colony Bankcorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Colony Bankcorp's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Colony Bankcorp has delivered over 20% year on year earnings growth in the past 5 years.
  • Colony Bankcorp's 1-year earnings growth exceeds its 5-year average (31.1% vs 20.1%)
  • Colony Bankcorp's earnings growth has not exceeded the US Banks industry average in the past year (31.1% vs 40.2%).
Earnings and Revenue History
Colony Bankcorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Colony Bankcorp Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:CBAN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 50.24 11.56 28.84
2018-12-31 50.22 11.92 28.41
2018-09-30 49.82 9.53 27.39
2018-06-30 49.63 9.46 27.05
2018-03-31 49.40 8.82 27.21
2017-12-31 48.39 7.54 26.99
2017-09-30 47.89 8.84 26.69
2017-06-30 47.46 8.10 26.63
2017-03-31 46.77 7.43 26.36
2016-12-31 46.52 7.18 26.33
2016-09-30 46.50 6.88 25.49
2016-06-30 46.14 6.61 25.16
2016-03-31 46.10 6.40 24.98
2015-12-31 45.87 6.00 25.00
2015-09-30 45.92 5.72 25.15
2015-06-30 46.09 5.50 25.21
2015-03-31 45.90 5.28 25.09
2014-12-31 45.78 4.84 25.06
2014-09-30 45.30 4.77 24.64
2014-06-30 43.75 4.09 24.31
2014-03-31 42.75 3.37 24.09
2013-12-31 41.58 3.12 23.76
2013-09-30 40.71 2.08 23.90
2013-06-30 40.99 1.79 23.58
2013-03-31 40.22 1.58 23.30
2012-12-31 39.22 1.21 22.95
2012-09-30 38.01 1.03 22.71
2012-06-30 36.54 0.83 22.56

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Colony Bankcorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Colony Bankcorp used its assets less efficiently than the US Banks industry average last year based on Return on Assets.
  • Unable to establish if Colony Bankcorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Colony Bankcorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Colony Bankcorp has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Colony Bankcorp's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Colony Bankcorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Colony Bankcorp Company Filings, last reported 1 month ago.

NasdaqGM:CBAN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 101.07 63.23 85.71
2018-12-31 95.69 68.23 58.18
2018-09-30 88.99 82.73 31.91
2018-06-30 88.25 77.74 48.47
2018-03-31 89.97 72.73 51.96
2017-12-31 90.32 71.73 56.30
2017-09-30 91.60 80.23 31.60
2017-06-30 88.99 80.23 30.06
2017-03-31 85.86 75.24 50.66
2016-12-31 93.39 70.23 73.75
2016-09-30 100.74 70.23 31.68
2016-06-30 103.47 64.23 17.65
2016-03-31 100.54 64.23 48.91
2015-12-31 95.46 64.23 59.60
2015-09-30 101.07 64.23 33.13
2015-06-30 102.66 64.23 43.87
2015-03-31 102.36 64.23 62.72
2014-12-31 99.03 64.23 64.53
2014-09-30 96.27 64.23 34.51
2014-06-30 95.21 64.23 44.32
2014-03-31 92.35 64.23 61.18
2013-12-31 89.95 64.23 66.89
2013-09-30 90.82 64.23 41.68
2013-06-30 91.74 64.23 40.38
2013-03-31 95.44 64.23 38.28
2012-12-31 95.76 59.23 64.98
2012-09-30 96.37 54.23 74.23
2012-06-30 97.01 59.23 65.98
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Colony Bankcorp has an acceptable proportion of non-loan assets held.
  • Colony Bankcorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at Colony Bankcorp are broadly funded by customer deposits.
  • Colony Bankcorp's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
  • Colony Bankcorp has a low allowance for bad loans.
  • Colony Bankcorp has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Colony Bankcorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Colony Bankcorp has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Colony Bankcorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.76%
Current annual income from Colony Bankcorp dividends.
If you bought $2,000 of Colony Bankcorp shares you are expected to receive $35 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Colony Bankcorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Colony Bankcorp's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:CBAN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Banks Industry Average Dividend Yield Market Cap Weighted Average of 475 Stocks 2.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:CBAN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-08 0.300 1.740
2019-04-18 0.300 1.741
2019-03-15 0.300 1.755
2019-01-17 0.300 1.850
2018-08-22 0.200 1.181
2018-05-23 0.200 1.180
2018-02-21 0.200 1.254
2017-11-22 0.100 0.701
2017-08-16 0.100 0.734
2017-05-30 0.100 0.732
2017-02-14 0.100 0.728
2011-05-13 0.000 0.000
2011-04-25 0.000 0.000
2011-03-15 0.000 0.000
2011-01-21 0.000 0.000
2010-11-15 0.000 0.000
2010-10-22 0.000 0.000
2010-08-13 0.000 0.000
2010-07-26 0.000 0.000
2010-05-14 0.000 0.000
2010-05-04 0.000 0.000
2010-04-23 0.000 0.000
2010-03-15 0.000 0.000
2010-01-22 0.000 0.000
2009-11-09 0.000 0.000
2009-10-21 0.000 0.000
2009-06-18 0.195 2.864

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Colony Bankcorp's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (6.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Colony Bankcorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Colony Bankcorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Colony Bankcorp has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Colony Bankcorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
T. Fountain
COMPENSATION $409,970
AGE 43
TENURE AS CEO 0.8 years
CEO Bio

Mr. T. Heath Fountain, CPA, has been President, Chief Executive Officer and Director of Colony Bankcorp, Inc. since July 2018. Mr. Fountain served as Chief Executive Officer of Planters First Bank since July 13, 2015. During his tenure at Planters First Bank, Fountain led growth initiatives that included adding two new markets, a secondary market mortgage division and increasing loans and deposits over $50 million in three years. Mr. Fountain served as the Chief Financial Officer of Heritage Financial Group, Inc. since February 2007 and has been its Executive Vice President since February 2011. Mr. Fountain served as Chief Administrative Officer of Heritage Financial Group, Inc. He served as Chief Financial Officer, Chief Administrative Officer and Executive Vice President of HeritageBank of the South. Mr. Fountain served as a Senior Vice President and Principal Accounting Officer of Heritage Financial Group until February 2011. Mr. Fountain served as a Controller and Director of Investor Relations of Heritage Financial Group since June , 2006. Mr. Fountain joined HeritageBank of the South in 2003, as an Investment Advisor and served in the accounting area since January 2006. He served as an Investment Advisor with Synovus and an Auditor with Mauldin & Jenkins, CPAs, focusing on financial institutions. He is a Certified Public Accountant and has an accounting degree from the University of Georgia.

CEO Compensation
  • Insufficient data for T. to compare compensation growth.
  • T.'s remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Colony Bankcorp management team in years:

5.5
Average Tenure
59
Average Age
  • The average tenure for the Colony Bankcorp management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

T. Fountain

TITLE
President
COMPENSATION
$410K
AGE
43
TENURE
0.8 yrs

Terry Hester

TITLE
Executive VP
COMPENSATION
$277K
AGE
63
TENURE
24.9 yrs

J. Cook

TITLE
Executive VP & COO
COMPENSATION
$173K
AGE
56
TENURE
3 yrs

Lee Northcutt

TITLE
Executive VP & Regional Market Executive Officer
COMPENSATION
$182K
AGE
59
TENURE
9.4 yrs

Eddie Hoyle

TITLE
Executive VP & Regional Market Executive Officer
COMPENSATION
$184K
AGE
60

Kimberly Dockery

TITLE
Executive VP & Chief Administrative Officer
AGE
35
TENURE
0.8 yrs

Walter Patten

TITLE
Executive Vice President
COMPENSATION
$174K
AGE
67
TENURE
19 yrs

Eddie Hoyle

TITLE
Executive Vice President and West Regional Banking Executive Officer
AGE
86
TENURE
7.9 yrs

Edward Bagwell

TITLE
Executive VP & Chief Credit Officer
AGE
51
TENURE
2.6 yrs

Larry Stevenson

TITLE
COMPENSATION
$158K
Board of Directors Tenure

Average tenure and age of the Colony Bankcorp board of directors in years:

2.9
Average Tenure
54
Average Age
  • The average tenure for the Colony Bankcorp board of directors is less than 3 years, this suggests a new board.
Board of Directors

Mark Massee

TITLE
Chairman of the Board
COMPENSATION
$46K
AGE
64
TENURE
2.9 yrs

T. Fountain

TITLE
President
COMPENSATION
$410K
AGE
43
TENURE
0.8 yrs

Freddie Dwozan

TITLE
Vice Chairman of the Board
COMPENSATION
$25K
AGE
68
TENURE
1.9 yrs

Terry Hester

TITLE
Executive VP
COMPENSATION
$277K
AGE
63
TENURE
29.2 yrs

Jonathan W. Ross

TITLE
Director
COMPENSATION
$28K
AGE
54
TENURE
12 yrs

Scott Downing

TITLE
Director
COMPENSATION
$31K
AGE
46
TENURE
7.3 yrs

Ed Loomis

TITLE
Director
COMPENSATION
$378K
AGE
65
TENURE
7 yrs

Meagan Mowry

TITLE
Director
AGE
41
TENURE
0.2 yrs

Matthew Reed

TITLE
Director
AGE
30
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • Colony Bankcorp insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
06. May 19 Sell Terry Hester Individual 06. May 19 06. May 19 -3,000 $17.30 $-51,450
25. Feb 19 Buy Robert Ross Individual 15. Feb 19 15. Feb 19 2 $16.30 $39
25. Feb 19 Buy Lee Northcutt Individual 15. Feb 19 15. Feb 19 5 $16.30 $76
25. Feb 19 Buy Edward Bagwell Individual 15. Feb 19 15. Feb 19 2 $16.30 $39
25. Feb 19 Buy M. Edward Hoyle Individual 15. Feb 19 15. Feb 19 20 $16.30 $331
16. Nov 18 Buy M. Edward Hoyle Individual 15. Nov 18 15. Nov 18 13 $17.00 $220
16. Nov 18 Buy Lee Northcutt Individual 15. Nov 18 15. Nov 18 3 $17.00 $51
16. Nov 18 Buy Edward Bagwell Individual 15. Nov 18 15. Nov 18 2 $17.00 $26
16. Nov 18 Buy Robert Ross Individual 15. Nov 18 15. Nov 18 2 $17.00 $26
24. Oct 18 Buy Edward Bagwell Individual 23. Oct 18 23. Oct 18 110 $17.70 $1,947
04. Oct 18 Buy Robert Ross Individual 28. Sep 18 28. Sep 18 1 $18.32 $26
04. Oct 18 Buy Lee Northcutt Individual 28. Sep 18 28. Sep 18 3 $18.35 $51
04. Oct 18 Buy M. Edward Hoyle Individual 28. Sep 18 28. Sep 18 12 $18.35 $219
04. Oct 18 Buy Edward Bagwell Individual 28. Sep 18 28. Sep 18 1 $18.35 $26
13. Sep 18 Buy Edward Bagwell Individual 13. Sep 18 13. Sep 18 200 $17.85 $3,570
06. Sep 18 Buy J. Cook Individual 05. Sep 18 05. Sep 18 1,000 $18.00 $18,000
31. Aug 18 Buy T. Fountain Individual 30. Aug 18 30. Aug 18 1,400 $18.00 $25,200
13. Aug 18 Buy T. Fountain Individual 10. Aug 18 10. Aug 18 10,000 $17.39 $173,900
10. Aug 18 Buy Kimberly Dockery Individual 09. Aug 18 09. Aug 18 1,000 $17.57 $17,570
09. Aug 18 Sell Terry Hester Individual 09. Aug 18 09. Aug 18 -2,500 $17.25 $-43,125
03. Jul 18 Buy Robert Ross Individual 29. Jun 18 29. Jun 18 2 $16.89 $26
03. Jul 18 Buy Lee Northcutt Individual 29. Jun 18 29. Jun 18 3 $16.89 $50
03. Jul 18 Buy Edward Bagwell Individual 29. Jun 18 29. Jun 18 2 $16.89 $26
03. Jul 18 Buy M. Edward Hoyle Individual 29. Jun 18 29. Jun 18 13 $16.89 $219
31. May 18 Buy M. Edward Hoyle Individual 29. May 18 30. May 18 2,625 $16.08 $42,197
X
Management checks
We assess Colony Bankcorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Colony Bankcorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Here's Why I Think Colony Bankcorp (NASDAQ:CBAN) Might Deserve Your Attention Today

If, on the other hand, you like companies that have revenue, and even earn profits, then you may well be interested in Colony Bankcorp (NASDAQ:CBAN). … Colony Bankcorp's Earnings Per Share Are Growing. … Colony Bankcorp maintained stable EBIT margins over the last year, all while growing revenue 3.8% to US$50m.

Simply Wall St -

Need To Know: Colony Bankcorp, Inc. (NASDAQ:CBAN) Insiders Have Been Buying Shares

So we'll take a look at whether insiders have been buying or selling shares in Colony Bankcorp, Inc. … But insiders sold 2.50k shares worth US$43k … In total, Colony Bankcorp insiders bought more than they sold over the last year

Simply Wall St -

Shareholders Are Thrilled That The Colony Bankcorp (NASDAQ:CBAN) Share Price Increased 187%

For instance, the price of Colony Bankcorp, Inc. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Over half a decade, Colony Bankcorp managed to grow its earnings per share at 31% a year.

Simply Wall St -

Consider This Before Buying Colony Bankcorp, Inc. (NASDAQ:CBAN) For The 1.9% Dividend

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Does Colony Bankcorp tick all the boxes of a great dividend stock? … See our latest analysis for Colony Bankcorp

Simply Wall St -

Does Colony Bankcorp, Inc.'s (NASDAQ:CBAN) P/E Ratio Signal A Buying Opportunity?

We'll show how you can use Colony Bankcorp, Inc.'s (NASDAQ:CBAN) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Colony Bankcorp's P/E ratio is 11.09. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Why These Fundamentals Make Colony Bankcorp, Inc.’s (NASDAQ:CBAN) More Attractive

As a small-cap finance stock with a market capitalisation of US$123m, the risk and profitability of Colony Bankcorp, Inc. … The Basel III reforms are aimed at banking regulations to improve financial institutions’ ability to absorb shocks caused by economic stress which could expose banks like Colony Bankcorp to vulnerabilities. … High liquidity and low leverage could position Colony Bankcorp favourably at the face of macro headwinds.

Simply Wall St -

How Much Are Colony Bankcorp, Inc. (NASDAQ:CBAN) Insiders Spending On Buying Shares?

But logic dictates you should pay some attention to whether insiders are buying or selling shares. … The Last 12 Months Of Insider Transactions At Colony Bankcorp. … It's very possible they regret the purchase, but it's more likely they are bullish about the company.

Simply Wall St -

Why Colony Bankcorp Inc (NASDAQ:CBAN) May Not Be As Risky Than You Think

As a small-cap bank with a market capitalisation of US$145m, Colony Bankcorp Inc’s (NASDAQ:CBAN) profit and value are directly affected by economic activity. … Risk associate with repayment is measured by the level of bad debt which is an expense written off Colony Bankcorp’s bottom line. … Check out our latest analysis for Colony Bankcorp

Simply Wall St -

Know This Before Buying Colony Bankcorp Inc (NASDAQ:CBAN) For Its Dividend

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Historically, Colony Bankcorp Inc (NASDAQ:CBAN) has paid dividends to shareholders, and these days it yields 1.2%. … Let's dig deeper into whether Colony Bankcorp should have a place in your portfolio.

Simply Wall St -

Should You Be Tempted To Buy Colony Bankcorp Inc (NASDAQ:CBAN) Because Of Its PE Ratio?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Colony Bankcorp Inc (NASDAQ:CBAN) trades with a trailing P/E of 15.7, which is lower than the industry average of 17.8. … Check out our latest analysis for Colony Bankcorp

Simply Wall St -

Company Info

Description

Colony Bankcorp, Inc. operates as the bank holding company for Colony Bank that provides various banking products and services to commercial and retail customers. It offers various deposit products, including demand, savings, and time deposits. The company also provides loans to small and medium-sized businesses; residential and commercial construction, and land development loans; commercial real estate loans; commercial loans; agri-business and production loans; residential mortgage loans; home equity loans; and consumer loans. In addition, it offers Internet banking services, electronic bill payment services, safe deposit box rentals, telephone banking, credit and debit card services, and remote depository products, as well as access to a network of ATMs. As of April 18, 2019, the company operated 27 branches located in central, south, and coastal Georgia. Colony Bankcorp, Inc. was founded in 1975 and is headquartered in Fitzgerald, Georgia.

Details
Name: Colony Bankcorp, Inc.
CBAN
Exchange: NasdaqGM
Founded: 1975
$161,481,929
9,498,937
Website: http://www.colonybank.com
Address: Colony Bankcorp, Inc.
115 South Grant Street,
Fitzgerald,
Georgia, 31750,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM CBAN Common Stock Nasdaq Global Market US USD 26. Mar 1998
Number of employees
Current staff
Staff numbers
323
Colony Bankcorp employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 03:22
End of day share price update: 2019/05/21 00:00
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.