Colony Bankcorp, Inc. /
TC Bancshares, Inc.
Colony Bankcorp completes merger with TC Bancshares




Source for the buyer and target: COLONY BANKCORP, INC.
For the buyer and target.
“Effective December 1, 2025, Colony Bankcorp, Inc., a Georgia corporation (“CBAN” or the “Company”) and the Company’s wholly-owned subsidiary, Colony Bank, completed the previously announced merger (the "Merger") with TC Bancshares, Inc., a Georgia corporation (“TCBC”), and TCBC’s wholly-owned subsidiary, TC Federal Bank.”
Published 1 Dec 2025
Open the sourceWhat happened
Colony Bankcorp, Inc. completed its merger with TC Bancshares, Inc. on Dec. 1, 2025. Colony Bankcorp is the surviving company, and the related banks also merged, with Colony Bank as the surviving bank. [01]
TC Bancshares shareholders received either $21.25 in cash or 1.25 shares of Colony common stock for each share, subject to proration and allocation procedures. [01]
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Colony Bankcorp completes merger with TC Bancshares
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“Colony Bankcorp completes merger with TC Bancshares Colony Bankcorp, Inc. completed its merger with TC Bancshares, Inc. on Dec. 1, 2025”
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