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Note 21 - Financial Information of Colony Bankcorp, Inc. (Parent Only) (Tables)

12 Months Ended

Dec. 31, 2015

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheet [Table Text Block]

ASSETS


		2015				2014

Cash		$	4,100,860			$	5,750,652
Premises and Equipment, Net			1,134,524				1,199,639
Investment in Subsidiary, at Equity			114,677,455				115,066,948
Other			170,801				1,708,380

Total Assets		$	120,083,640			$	123,725,619


LIABILITIES AND STOCKHOLDERS’ EQUITY

Liabilities
Dividends Payable		$	202,736			$	315,000
Other			195,282				154,307

			398,018				469,307

Subordinated Debt			24,229,000				24,229,000

Stockholders’ Equity
Preferred Stock, Stated Value $1,000; Authorized 10,000,000 Shares, Issued 18,021 and 28,000 Shares as of December 31, 2015 and 2014			18,021,000				28,000,000

Common Stock, Par Value $1; Authorized 20,000,000 Shares, Issued 8,439,258 Shares as of December 31, 2015 and 2014			8,439,258				8,439,258
Paid-In Capital			29,145,094				29,145,094
Retained Earnings			44,285,621				38,287,934
Accumulated Other Comprehensive Loss, Net of Tax			(4,434,351	)			(4,844,974	)

			95,456,622				99,027,312

Total Liabilities and Stockholders’ Equity		$	120,083,640			$	123,725,619

Condensed Income Statement [Table Text Block]

		2015				2014				2013

Income
Dividends from Subsidiary		$	10,015,147			$	12,015,572			$	1,515,549
Management Fees			581,334				581,334				581,334
Other			112,876				100,269				96,953

		$	10,709,357			$	12,697,175				2,193,836

Expenses
Interest			503,286				517,381				516,641
Amortization			-				938				2,250
Salaries and Employee Benefits			811,150				782,152				748,149
Other			666,872				538,847				543,139

			1,981,308				1,839,318				1,810,179

Income Before Taxes and Equity in Undistributed Earnings of Subsidiary			8,728,049				10,857,857				383,657

Income Tax Benefits			444,764				396,738				406,518

Income Before Equity in Undistributed Earnings of Subsidiary			9,172,813				11,254,595				790,175

Dividends Received in Excess of Earnings of Subsidiary			(800,116	)			(3,722,970	)			-

Equity in Undistributed Earnings of Subsidiary			-				-				3,838,870

Net Income			8,372,697				7,531,625				4,629,045
Preferred Stock Dividends			2,375,010				2,688,604				1,508,761

Net Income Available to Common Stockholders		$	5,997,687			$	4,843,021			$	3,120,284

Condensed Statement of Comprehensive Income [Table Text Block]

		2015				2014				2013

Net Income		$	8,372,697			$	7,531,625			$	4,629,045

Other Comprehensive Income (Loss)

Gains (Losses) on Securities Arising During the Year			610,689				6,432,906				(13,886,854	)
Tax Effect			(207,634	)			(2,187,189	)			4,721,531

Realized Gains (Losses) on Sale of AFS Securities			11,466				(23,735	)			(2,819	)
Tax Effect			(3,898	)			8,070				959

Impairment Loss on Securities			-				-				366,623
Tax Effect			-				-				(124,652	)

Change in Unrealized Gains (Losses) on Securities Available for Sale, Net of Reclassification Adjustment and Tax Effects			410,623				4,230,052				(8,925,212	)

Comprehensive Income (Loss)		$	8,783,320			$	11,761,677			$	(4,296,167	)

Condensed Cash Flow Statement [Table Text Block]

		2015				2014				2013

Cash Flows from Operating Activities
Net Income		$	8,372,697			$	7,531,625			$	4,629,045
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities
Depreciation and Amortization			73,999				75,347				80,711
Equity in Undistributed Earnings of Subsidiary			800,116				3,722,970				(3,838,870	)
Change in Interest Payable			23,072				(1,069,695	)			516,641
Other			1,555,482				(437,115	)			(390,962	)

			10,825,366				9,823,132				996,565

Cash Flows from Investing Activities
Purchases of Premises and Equipment			(8,884	)			(2,020	)			(68,708	)

Cash Flows from Financing Activities
Dividends Paid on Preferred Stock			(2,487,274	)			(5,492,749	)			-
Redemption of Preferred Stock			(9,979,000	)			-				-

			(12,466,274	)			(5,492,749	)			-

Increase (Decrease) in Cash			(1,649,792	)			4,328,363				927,857

Cash and Cash Equivalents, Beginning			5,750,652				1,422,289				494,432

Cash and Cash Equivalents, Ending		$	4,100,860			$	5,750,652			$	1,422,289