EX-99.3 9 tm2524601d4_ex99-3.htm EXHIBIT 99.3

Exhibit 99.3

CONSENT OF HOVDE GROUP, LLC

We hereby consent to the inclusion of our opinion letter, dated July 22, 2025 to the Board of Directors of Colony Bankcorp, Inc. as Annex C to the proxy statement/prospectus which forms a part of Amendment No. 1 to the Registration Statement on Form S-4 of Colony Bankcorp, Inc., and to the references to our name and to the description of such opinion in the proxy statement/prospectus. In giving such consent, we do not admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended (the “Act”), or the rules and regulations of the Securities and Exchange Commission thereunder (the “Regulations”), nor do we admit that we are experts with respect to any part of such Amendment No. 1 to the Registration Statement within the meaning of the term “experts” as used in the Act or the Regulations.

| /s/ Hovde Group, LLC
| Hovde Group, LLC
| Inverness, Illinois
| September 24, 2025