Colony Bank

Established in 1976

About Colony Bank

Colony Bank was established on 1976. The bank's headquarters are located at 302 South Main Street in Fitzgerald, Georgia.

Colony Bank is an FDIC insured bank with FDIC number 22257 managing assets to the value of $1,760,944 as of 12/31/2020.

Colony Bank has a Texas ratio of 5.36%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

5.36%
Texas Ratio
FDIC Certificate #

22257

Active Insured Since #

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $1,760,944
Equity Capital $176,967
Total Deposits $1,447,698
Total Liabilities $1,583,977
Total Securities $380,569
Net Loans And Leases $1,099,762
Loan Loss Allowance $12,127
Total Loans And Leases $1,114,282
YTD (as of 12/31/2020)
Return On Assets 0.76%
Return On Equity 7.46%
Total Interest Income $63,086
Total Interest Expense $6,664
Total Non Interest Income $23,392
Total Non Interest Expense $58,495

Headquarters

302 South Main Street 31750, Fitzgerald

Colony Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $1,114,282 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Colony Bank Mortgage Loans Profile

Classic Bank

81.08%

Application Approval Rate

Classic Bank

$143,250

Average Mortgage Loan Amount

Classic Bank

1,015

Number of Loan Applications

Classic Bank

$96,348

Average Income of Applicants with Approved Loans

Classic Bank

1.97%

Average Cost of Loans

Classic Bank

34.77%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Houston

Number of Loan Applications
141
Average Loan Amount
$194,316
Approval Rate
82.98%
Average Income of Approved Loans’ Applicants
$82,313

2 Coffee

Number of Loan Applications
65
Average Loan Amount
$44,831
Approval Rate
90.77%
Average Income of Approved Loans’ Applicants
$120,652

3 Ben Hill

Number of Loan Applications
64
Average Loan Amount
$57,182
Approval Rate
85.94%
Average Income of Approved Loans’ Applicants
$61,528

4 Lowndes

Number of Loan Applications
63
Average Loan Amount
$149,259
Approval Rate
85.71%
Average Income of Approved Loans’ Applicants
$71,116

5 Tift

Number of Loan Applications
60
Average Loan Amount
$148,469
Approval Rate
81.67%
Average Income of Approved Loans’ Applicants
$105,871

6 Troup

Number of Loan Applications
40
Average Loan Amount
$132,297
Approval Rate
92.50%
Average Income of Approved Loans’ Applicants
$135,885

Top States by Number of Mortgage Loan Applications

1 Georgia

Number of Loan Applications
988
Average Loan Amount
$141,283
Approval Rate
80.87%
Average Income of Approved Loans’ Applicants
$95,105

2 Florida

Number of Loan Applications
13
Average Loan Amount
$313,182
Approval Rate
84.62%
Average Income of Approved Loans’ Applicants
$146,000

3 Alabama

Number of Loan Applications
11
Average Loan Amount
$105,000
Approval Rate
90.91%
Average Income of Approved Loans’ Applicants
$263,000

4 Tennessee

Number of Loan Applications
2
Average Loan Amount
$110,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$73,500

5 North Carolina

Number of Loan Applications
1
Average Loan Amount
$295,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$99,000