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Stock impact report

Colony Bankcorp, Inc. Announces Retirement of Director Edward P. Loomis, Jr. [Yahoo! Finance]

Colony Bankcorp, Inc. (CBAN) 
US:NASDAQ Investor Relations: investors.colonybank.com
Company Research Source: Yahoo! Finance
Loomis, Jr. will retire from the Board of Directors of both the Company and its wholly-owned banking subsidiary, Colony Bank, effective May 22, 2025. Loomis, an experienced executive officer, served as President and Chief Executive Officer of the Company and Colony Bank from May 2012 until his retirement in July 2018. During his tenure, he steered Colony out of the recession, adding new efficiencies and expanding into new markets. Loomis has been a Director of the Company since May 2012. Commenting on the announcement, Mark H. Massee, Chairman of the Board of Directors, said, "Ed joined Colony at a pivotal time and was a stabilizing force when we needed it most. His leadership was instrumental in guiding the Bank forward, and we are grateful for his dedication. We also appreciate his commitment to ensuring a smooth transition by recruiting his successor and remaining on the Board throughout the process." Loomis began his banking career in 1975 at Trust Company Bank in Atlanta, G Show less Read more
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