Colony Bankcorp (CBAN) Financials

Colony Bankcorp Inc (CBAN) is a financial institution that operates as the holding company for Colony Bank. The company provides banking products and services to individuals and businesses in Georgia and Alabama. As of the most recent financial statements, Colony Bankcorp Inc reported total revenue of $63.5 million. This represents an increase of 10% compared to the previous year.

The income statement of Colony Bankcorp Inc shows that the company's gross profit for the year was $48.7 million. This is the amount of money the company made from its core operations before deducting expenses. The company's net income from stockholders, which represents the profit available to shareholders after deducting all expenses, was $8.2 million.

Colony Bankcorp Inc's balance sheet reveals that the company has total assets of $1.2 billion. This includes cash equivalents of $14.6 million, which are highly liquid assets that can be easily converted into cash. The company's total liabilities, which represent its debts and obligations, amount to $1 billion. The difference between the company's total assets and total liabilities is known as stockholders' equity, which in the case of Colony Bankcorp Inc is $171 million.

Looking at the cash flow statement of Colony Bankcorp Inc, we can see that the company had operating cash flow of $25.3 million. This is the amount of cash generated from the company's day-to-day operations. The company also had investing cash flow of -$24.8 million, which represents the cash used for investing activities such as acquiring new assets. The financing cash flow of Colony Bankcorp Inc was $1.6 million, which represents the cash flow related to the company's financing activities, such as issuing or repurchasing stock or paying dividends. The company's free cash flow, which is the cash flow available to the company after paying for operating and investing activities, was $0.5 million.

In summary, Colony Bankcorp Inc's financials indicate a positive performance with increasing total revenue and gross profit. The company has a solid balance sheet with a strong stockholders' equity position. The cash flow statement shows a healthy operating cash flow and positive free cash flow. Overall, Colony Bankcorp Inc seems to be in a stable financial position.