CEO highlights Q2 2026 performance improvement and First Reliance Bank integration planning for Q4 completion.
Colony Bankcorp expects 2026 loan growth to slip slightly below 8%, prioritizing disciplined pricing strategies. The bank reported continued financial performance improvement in Q2 2026, citing operational strength ahead of its merger with First Reliance Bank.
Integration planning for the First Reliance acquisition remains on track for a Q4 close. Management did not provide specific loan growth figures for prior periods but emphasized stability in core metrics. The merger is expected to expand Colony Bank’s market reach and scale.
No immediate market reaction was disclosed during the earnings call. The focus remains on execution and maintaining asset quality amid economic uncertainties.