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Note 21 - Financial Information of Colony Bankcorp, Inc. (Parent Only) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
|  | 20 1 7 |  |  | 20 16 |
ASSETS |  |  |  |  |  |  |  |
Cash |  | $ | 910,239 |  |  | $ | 2,307,008 |
Premises and Equipment, Net |  |  | 1,099,626 |  |  |  | 1,074,884 |
Investment in Subsidiary, at Equity |  |  | 114,235,955 |  |  |  | 114,478,277 |
Other |  |  | 24,458 |  |  |  | 20,990 |
Total Assets |  | $ | 116,270,278 |  |  | $ | 117,881,159 |
LIABILITIES AND STOCKHOLDERS ’ EQUITY |  |  |  |  |  |  |  |
Liabilities |  |  |  |  |  |  |  |
Other Borrowed Money |  | $ | 1,500,000 |  |  | $ | - |
Dividends Payable |  |  | - |  |  |  | 105,300 |
Other |  |  | 218,615 |  |  |  | 159,126 |
|  | $ | 1,718,615 |  |  | $ | 264,426 |
Subordinated Debt |  |  | 24,229,000 |  |  |  | 24,229,000 |
Stockholders ’ Equity |  |  |  |  |  |  |  |
Preferred Stock, Stated Value $1,000; 10,000,000 Shares Authorized, 0 and 9,360 Shares Issued and Outstanding as of December 31, 201 7 and 2016 |  |  | - |  |  |  | 9,360,000 |
Common Stock, Par Value $1; 20,000,000 Shares Authorized, 8,439,258 Shares Issued and Outstanding as of December 31, 2017 and 2016 |  |  | 8,439,258 |  |  |  | 8,439,258 |
Paid-In Capital |  |  | 29,145,094 |  |  |  | 29,145,094 |
Retained Earnings |  |  | 59,230,260 |  |  |  | 51,465,521 |
Accumulated Other Comprehensive Loss, Net of Tax |  |  | (6,491,949 | ) |  |  | (5,022,140 | )
|  |  | 90,322,663 |  |  |  | 93,387,733 |
Total Liabilities and Stockholders ’ Equity |  | $ | 116,270,278 |  |  | $ | 117,881,159 |
Condensed Income Statement [Table Text Block] |
|  | 20 1 7 |  |  | 20 16 |  |  | 20 15 |
Income |  |  |  |  |  |  |  |  |  |  |  |
Dividends from Subsidiary |  | $ | 8,746,882 |  |  | $ | 9,118,104 |  |  | $ | 10,015,147 |
Management Fees |  |  | 601,080 |  |  |  | 601,080 |  |  |  | 581,334 |
Other |  |  | 97,103 |  |  |  | 103,612 |  |  |  | 112,876 |
|  | $ | 9,445,065 |  |  | $ | 9,822,796 |  |  | $ | 10,709,357 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |
Interest |  |  | 900,113 |  |  |  | 601,567 |  |  |  | 503,286 |
Salaries and Employee Benefits |  |  | 917,259 |  |  |  | 840,130 |  |  |  | 811,150 |
Other |  |  | 604,166 |  |  |  | 554,434 |  |  |  | 666,872 |
|  |  | 2,421,538 |  |  |  | 1,996,131 |  |  |  | 1,981,308 |
Income Before Taxes and Equity in Undistributed Earnings of Subsidiary |  |  | 7,023,527 |  |  |  | 7,826,665 |  |  |  | 8,728,049 |
Income Tax Benefits |  |  | 568,258 |  |  |  | 457,934 |  |  |  | 444,764 |
Income Before Equity in Undistributed Earnings of Subsidiary |  |  | 7,591,785 |  |  |  | 8,284,599 |  |  |  | 9,172,813 |
Dividends Received in Excess of Earnings of Subsidiary |  |  | - |  |  |  | - |  |  |  | (800,116 | )
Equity in Undistributed Earnings of Subsidiary |  |  | 159,193 |  |  |  | 388,611 |  |  |  | - |
Net Income |  |  | 7,750,978 |  |  |  | 8,673,210 |  |  |  | 8,372,697 |
Preferred Stock Dividends |  |  | 210,600 |  |  |  | 1,493,310 |  |  |  | 2,375,010 |
Net Income Available to Common Stockholders |  | $ | 7,540,378 |  |  | $ | 7,179,900 |  |  | $ | 5,997,687 |
Condensed Statement of Comprehensive Income [Table Text Block] |
|  | 201 7 |  |  | 201 6 |  |  | 201 5 |
Net Incom e |  | $ | 7,750,978 |  |  | $ | 8,673,210 |  |  | $ | 8,372,697 |
Other Comprehensive Income (Loss ) |  |  |  |  |  |  |  |  |  |  |  |
Gains (Losses) on Securities Arising During the Year |  |  | (608,355 | ) |  |  | (505,367 | ) |  |  | 610,689 |
Tax Effec t |  |  | 206,841 |  |  |  | 171,825 |  |  |  | (207,634 | )
Realized (Gains) Losses on Sale of AFS Securities |  |  | - |  |  |  | (385,223 | ) |  |  | 11,466 |
Tax Effec t |  |  | - |  |  |  | 130,976 |  |  |  | (3,898 | )
Change in Unrealized Gains (Losses) on Securities Available for Sale, Net of Reclassification Adjustment and Tax Effects |  |  | (401,514 | ) |  |  | (587,789 | ) |  |  | 410,623 |
Comprehensive Incom e |  | $ | 7,349,464 |  |  | $ | 8,085,421 |  |  | $ | 8,783,320 |
Condensed Cash Flow Statement [Table Text Block] |
|  | 201 7 |  |  | 201 6 |  |  | 201 5 |
Cash Flows from Operating Activitie s |  |  |  |  |  |  |  |  |  |  |  |
Net Incom e |  | $ | 7,750,978 |  |  | $ | 8,673,210 |  |  | $ | 8,372,697 |
Adjustments to Reconcile Net Income t o Net Cash Provided by Operating Activitie s |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and Amortizatio n |  |  | 70,183 |  |  |  | 66,476 |  |  |  | 73,999 |
Equity in Undistribute d Earnings of Subsidiar y |  |  | (159,193 | ) |  |  | (388,611 | ) |  |  | - |
Dividends Received in Excess o f Earnings of Subsidiar y |  |  | - |  |  |  | - |  |  |  | 800,116 |
Change in Interest Payabl e |  |  | 17,887 |  |  |  | 5,367 |  |  |  | 23,072 |
Othe r |  |  | 38,135 |  |  |  | 108,288 |  |  |  | 1,555,482 |
|  |  | 7,717,990 |  |  |  | 8,464,730 |  |  |  | 10,825,366 |
Cash Flows from Investing Activitie s |  |  |  |  |  |  |  |  |  |  |  |
Purchases of Premises and Equipmen t |  |  | (94,925 | ) |  |  | (6,836 | ) |  |  | (8,884 | )
Cash Flows from Financing Activitie s |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from Other Borrowed Money |  |  | 5,000,000 |  |  |  | - |  |  |  | - |
Principal Payments on Other Borrowed Mone y |  |  | (3,500,000 | ) |  |  | - |  |  |  | - |
Dividends Paid on Common Stoc k |  |  | (843,934 | ) |  |  | - |  |  |  | - |
Dividends Paid on Preferred Stoc k |  |  | (315,900 | ) |  |  | (1,590,746 | ) |  |  | (2,487,274 | )
Redemption of Preferred Stock |  |  | (9,360,000 | ) |  |  | (8,661,000 | ) |  |  | (9,979,000 | )
|  |  | (9,019,834 | ) |  |  | (10,251,746 | ) |  |  | (12,466,274 | )
Increase (Decrease) in Cash |  |  | (1,396,769 | ) |  |  | (1,793,852 | ) |  |  | (1,649,792 | )
Cash, Beginnin g |  |  | 2,307,008 |  |  |  | 4,100,860 |  |  |  | 5,750,652 |
Cash, Ending |  | $ | 910,239 |  |  | $ | 2,307,008 |  |  | $ | 4,100,860 |

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