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Financial Information of Colony Bankcorp, Inc (Parent Only) (Tables) | 12 Months Ended
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Dec. 31, 2013
Financial Information of Colony Bankcorp, Inc. (Parent Only) [Abstract] |
Balance Sheets | COLONY BANKCORP, INC. (PARENT ONLY) BALANCE SHEETS DECEMBER 31 ASSETS
|  | 2013 |  |  | 2012 |
Cash |  | $ | 1,422,289 |  |  | $ | 494,432 |
Premises and Equipment, Net |  |  | 1,272,965 |  |  |  | 1,284,968 |
Investment in Subsidiary, at Equity |  |  | 114,559,866 |  |  |  | 119,646,209 |
Other |  |  | 1,221,285 |  |  |  | 821,145 |
Total Assets |  | $ | 118,476,405 |  |  | $ | 122,246,754 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |
Liabilities |  |  |  |  |  |  |  |
Dividends Payable |  | $ | 3,119,146 |  |  | $ | 1,610,385 |
Other |  |  | 1,174,020 |  |  |  | 648,202 |
|  |  | 4,293,166 |  |  |  | 2,258,587 |
Subordinated Debt |  |  | 24,229,000 |  |  |  | 24,229,000 |
Stockholders’ Equity |  |  |  |  |  |  |  |
Preferred Stock, Stated Value $1,000; Authorized 10,000,000 Shares, Issued 28,000 Shares |  |  | 28,000,000 |  |  |  | 27,827,053 |
Common Stock, Par Value $1; Authorized 20,000,000 Shares, Issued 8,439,258 Shares as of December 31, 2013 and 2012 |  |  | 8,439,258 |  |  |  | 8,439,258 |
Paid-In Capital |  |  | 29,145,094 |  |  |  | 29,145,094 |
Retained Earnings |  |  | 33,444,913 |  |  |  | 30,497,576 |
Accumulated Other Comprehensive Loss, Net of Tax |  |  | (9,075,026 | ) |  |  | (149,814 | )
|  |  | 89,954,239 |  |  |  | 95,759,167 |
Total Liabilities and Stockholders’ Equity |  | $ | 118,476,405 |  |  | $ | 122,246,754 |
Statements of Operations | COLONY BANKCORP, INC. (PARENT ONLY) STATEMENTS OF OPERATIONS FOR THE YEARS ENDED DECEMBER 31
|  | 2013 |  |  | 2012 |  |  | 2011 |
Income |  |  |  |  |  |  |  |  |
Dividends from Subsidiary |  | $ | 1,515,549 |  |  | $ | 17,372 |  |  | $ | 15,265 |
Management Fees |  |  | 581,334 |  |  |  | 590,422 |  |  |  | 505,414 |
Other |  |  | 96,953 |  |  |  | 101,397 |  |  |  | 98,180 |
|  |  | 2,193,836 |  |  |  | 709,191 |  |  |  | 618,859 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |
Interest |  |  | 516,641 |  |  |  | 554,004 |  |  |  | 508,081 |
Amortization |  |  | 2,250 |  |  |  | 2,250 |  |  |  | 2,250 |
Salaries and Employee Benefits |  |  | 748,149 |  |  |  | 735,919 |  |  |  | 734,104 |
Other |  |  | 543,139 |  |  |  | 558,151 |  |  |  | 656,914 |
|  |  | 1,810,179 |  |  |  | 1,850,324 |  |  |  | 1,901,349 |
Income (Loss) Before Taxes and Equity in Undistributed Earnings of Subsidiary |  |  | 383,657 |  |  |  | (1,141,133 | ) |  |  | (1,282,490 | )
Income Tax Benefits |  |  | 406,518 |  |  |  | 365,691 |  |  |  | 425,605 |
Income (Loss) Before Equity in Undistributed Earnings of Subsidiary |  |  | 790,175 |  |  |  | (775,442 | ) |  |  | (856,885 | )
Equity in Undistributed Earnings of Subsidiary |  |  | 3,838,870 |  |  |  | 3,416,740 |  |  |  | 3,390,480 |
Net Income |  |  | 4,629,045 |  |  |  | 2,641,298 |  |  |  | 2,533,595 |
Preferred Stock Dividends |  |  | 1,508,761 |  |  |  | 1,435,385 |  |  |  | 1,400,000 |
Net Income Available to Common Stockholders |  | $ | 3,120,284 |  |  | $ | 1,205,913 |  |  | $ | 1,133,595 |
Statements of Comprehensive Income (Loss) | COLONY BANKCORP, INC. (PARENT ONLY) STATEMENTS OF COMPREHENSIVE INCOME (LOSS) FOR THE YEARS ENDED DECEMBER 31
|  | 2013 |  |  | 2012 |  |  | 2011 |
Net Income |  | $ | 4,629,045 |  |  | $ | 2,641,298 |  |  | $ | 2,533,595 |
Other Comprehensive Income (Loss), Net of Tax |  |  |  |  |  |  |  |  |  |  |  |
Gains (Losses) on Securities Arising During the Year, Net of Tax Effect of $(4,597,836), $(1,060,984) and $1,292,789, Respectively |  |  | (9,165,323 | ) |  |  | (186,830 | ) |  |  | 4,439,108 |
Impairment Loss on Securities, Net of Tax Effect of $(124,652), $(20,253) and $(18,040), Respectively |  |  | 241,971 |  |  |  | 39,315 |  |  |  | 35,018 |
Realized Gains (Losses) on Sale of AFS Securities, Net of Tax Effect of $959, $984,991 and $1,012,064, Respectively |  |  | (1,860 | ) |  |  | (1,912,041 | ) |  |  | (1,964,595 | )
Change in Net Unrealized Gains (Losses) on Securities Available for Sale, Net of Reclassification Adjustment and Tax Effects |  |  | (8,925,212 | ) |  |  | (2,059,556 | ) |  |  | 2,509,531 |
Comprehensive Income (Loss) |  | $ | (4,296,167 | ) |  | $ | 581,742 |  |  | $ | 5,043,126 |
Statements of Cash Flows | COLONY BANKCORP, INC. (PARENT ONLY) STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31
|  | 2013 |  |  | 2012 |  |  | 2011 |
Cash Flows from Operating Activities |  |  |  |  |  |  |  |  |
Net Income |  | $ | 4,629,045 |  |  | $ | 2,641,298 |  |  | $ | 2,533,595 |
Adjustments to Reconcile Net Income to Net Cash Provided (Used) by Operating Activities |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and Amortization |  |  | 80,711 |  |  |  | 93,427 |  |  |  | 112,651 |
Equity in Undistributed Earnings of Subsidiary |  |  | (3,838,870 | ) |  |  | (3,416,740 | ) |  |  | (3,390,480 | )
Other |  |  | 125,679 |  |  |  | 124,543 |  |  |  | 24,977 |
|  |  | 996,565 |  |  |  | (557,472 | ) |  |  | (719,257 | )
Cash Flows from Investing Activities |  |  |  |  |  |  |  |  |  |  |  |
Purchases of Premises and Equipment |  |  | (68,708 | ) |  |  | - |  |  |  | (1,900 | )
Cash Flows from Financing Activities |  |  |  |  |  |  |  |  |  |  |  |
Dividends Paid on Preferred Stock |  |  | - |  |  |  | - |  |  |  | (1,400,000 | )
Increase (Decrease) in Cash |  |  | 927,857 |  |  |  | (557,472 | ) |  |  | (2,121,157 | )
Cash, Beginning |  |  | 494,432 |  |  |  | 1,051,904 |  |  |  | 3,173,061 |
Cash, Ending |  | $ | 1,422,289 |  |  | $ | 494,432 |  |  | $ | 1,051,904 |

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