Results of Operation and Financial Condition ​ On July 22, 2026, Colony Bankcorp, Inc. issued a press release announcing its consolidated financial results for the second quarter ended June 30, 2026, as well as the announcement of a regular quarterly cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. ​

Entry into a Material Definitive Agreement Agreement and Plan of Merger Merger. On June 24, 2026, Colony Bankcorp, Inc., a Georgia corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with First Reliance Bancshares, Inc., a South Carolina corporation (“FSRL”), whereby FSRL will be merged with and into the Company (the “Merger”). Pursuant to and simultaneously with entering into the Merger Agreement, the Company’s wholly-owned subsidiary bank, Colo…

Other Events On June 24, 2026, the Company and FSRL issued a joint press release announcing the entry into the Merger Agreement. A copy of the joint press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The Company is also providing supplemental information relating to the Merger in the investor presentation attached hereto as Exhibit 99.2 and questions and answers for Company and FSRL team members used on June 24, 2026 as Exhibit 99.3. Cautionary Statements R…

Results of Operation and Financial Condition ​ On April 22, 2026, Colony Bankcorp, Inc. issued a press release announcing its consolidated financial results for the first quarter ended March 31, 2026, as well as the announcement of a regular quarterly cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. ​

Results of Operation and Financial Condition On January 28, 2026 , Colony Bankcorp, Inc. issued a press release announcing its consolidated financial results for the fourth quarter and full year ended December 31, 2025, as well as the announcement of a regular quarterly cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Chief Financial Officer — Derek Shelnutt: Mr. Shelnutt's employment agreement was renewed and extended, continuing his role as CFO.

Other Events On December 18, 2025, the Board of Directors of the Company authorized the extension of the stock buyback program approved in October 2022, under which the Company may repurchase up to $12 million of its outstanding common stock. Repurchases under this program may be made from time to time through open market purchases, privately negotiated transactions or such other manners as will comply with applicable laws and regulations. The timing and actual number of shares repurchased wi…

Completion of Acquisition or Disposition of Assets 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. At the effective time of the Merger (the "Effective Time"), TCBC merged with and into CBAN, with CBAN as the surviving enti…

Results of Operation and Financial Condition On October 22, 2025 , Colony Bankcorp, Inc. issued a press release announcing its consolidated financial results for the third quarter ended September 30, 2025, as well as the announcement of a regular quarterly cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Other Events On July 23, 2025, the Company and TCBC issued a joint press release announcing the entry into the Merger Agreement. A copy of the joint press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The Company is also providing supplemental information relating to the Merger in the investor presentation attached hereto as Exhibit 99.2 and questions and answers for Colony and TCBC team members used on July 23, 2025 as Exhibit 99.3. Cautionary Statements Re…

Entry into a Material Definitive Agreement Agreement and Plan of Merger Merger. On July 23 , 2025, Colony Bankcorp, Inc., a Georgia corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with TC Bancshares, Inc., a Georgia corporation ( “TCBC ” ) , whereby TCBC will be merged with and into the Company (the “Merger”). Pursuant to and simultaneously with entering into the Merger Agreement , the Company’s wholly-owned subsidiary bank , Colony Bank , an…

Results of Operation and Financial Condition On July 23, 2025 , Colony Bankcorp, Inc. issued a press release announcing its consolidated financial results for the second quarter ended June 30, 2025, as well as the announcement of a regular quarterly cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Director — Edward P. Loomis, Jr.: Mr. Loomis retired from service as a member of the Board of Directors.

Results of Operation and Financial Condition On April 23, 2025 , Colony Bankcorp, Inc. issued a press release announcing its consolidated financial results for the first quarter ended March 31, 2025, as well as the announcement of a regular quarterly cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Regulation FD Disclosure On April 1, 2025, Colony Bankcorp, Inc. (NYSE: CBAN) announced that it has acquired The Ellerbee Agency, an Allstate appointed consumer property and casualty insurance agency. The agency will become part of Colony Insurance, the Company’s wholly-owned insurance subsidiary. This acquisition expands Colony Insurance’s footprint and customer base with two new office locations in Monroe and Greensboro, Georgia. A copy of the press release is attached as Exhibit 99.1 to th…

Director — Edward P. Loomis, Jr.: Mr. Loomis decided not to stand for reelection at the Company's 2025 Annual Meeting and intends to retire.

Director — Mr. Paul Joiner, III: The Board of Directors appointed Mr. Paul Joiner, III as a new director.

Chief Credit Officer — Leonard Bateman, Jr.: An employment agreement was signed to continue Leonard Bateman, Jr. as the Chief Credit Officer with updated terms.

Results of Operation and Financial Condition On January 22, 2025 , Colony Bankcorp, Inc. issued a press release announcing its consolidated financial results for the fourth quarter ended December 31, 2024, as well as the announcement of a regular quarterly cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Other Events On December 18, 2024, the Board of Directors of the Company authorized the extension of the stock buyback program approved in October 2022, under which the Company may repurchase up to $12 million of its outstanding common stock. Repurchases under this program may be made from time to time through open market purchases, privately negotiated transactions or such other manners as will comply with applicable laws and regulations. The timing and actual number of shares repurchased wi…

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing On November 5, 2024, Colony Bankcorp, Inc. (the “Company”), acting pursuant to authorization from its Board of Directors, provided written notice to The Nasdaq Stock Market LLC (“Nasdaq”) of its determination to voluntarily withdraw the principal listing of the Company’s voting common stock, $1.00 par value per share (the “Common Stock”), from Nasdaq and transfer the listing to the New York Sto…

Results of Operation and Financial Condition On October 23, 2024 , Colony Bankcorp, Inc. issued a press release announcing its consolidated financial results for the third quarter ended September 30, 2024, as well as the announcement of a regular quarterly cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

President — R. Dallis Copeland, Jr.: Mr. Copeland continues as the President of the Holding Company and the Bank with a new employment agreement.

Chief Executive Officer — T. Heath Fountain: Mr. T. Heath Fountain's employment agreement was renewed and extended, continuing his role as CEO.

Results of Operation and Financial Condition On July 24, 2024 , Colony Bankcorp, Inc. issued a press release announcing its consolidated financial results for the second quarter ended June 30, 2024, as well as the announcement of a regular quarterly cash dividend. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.