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BRIEF-Colony Bankcorp Q1 earnings per share $0.22

April 19 Colony Bankcorp Inc:

* Colony Bankcorp Inc announces first quarter results

* Q1 earnings per share $0.22

* During Q1 of 2017, company reported net interest income of $9.46 million and a net interest margin of 3.35 percent

* In Q1 of 2017 net charge-offs were $394 thousand, or 0.05 percent of average loans

* Colony Bankcorp Inc - redeemed remaining outstanding preferred stock of $9.4 million

* Colony Bankcorp Inc - redeeming preferred stock will be immediately accretive to earnings per share

* Colony Bankcorp Inc - will eliminate current quarterly dividend payment of $210,600 Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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