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Fri, 20 Oct 2006 5:00:00 PDT
FITZGERALD, GA (MARKET WIRE) Colony Bankcorp, Inc. (NASDAQ: CBAN), today reported record quarterly net income of $2,622,000 for the third quarter of 2006, up 16.48 percent from third quarter 2005 net income of $2,251,000. Diluted earnings per share for the third quarter of 2006 were $0.36 per share compared to $0.31 per share for the same year ago period or an increase of 16.13 percent. Annualized return on assets for the quarter was
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