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Colony Bankcorp (Colony Bankcorp) Preferred Stock : $0.0 Mil (As of Mar. 2024)


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What is Colony Bankcorp Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Colony Bankcorp's preferred stock for the quarter that ended in Mar. 2024 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Colony Bankcorp's Enterprise Value for the quarter that ended in Mar. 2024 was $14.0 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Colony Bankcorp's Book Value per Share for the quarter that ended in Mar. 2024 was $14.80.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Colony Bankcorp's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.30.


Colony Bankcorp Preferred Stock Historical Data

The historical data trend for Colony Bankcorp's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Colony Bankcorp Preferred Stock Chart

Colony Bankcorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
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Colony Bankcorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Colony Bankcorp Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Colony Bankcorp  (NAS:CBAN) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Colony Bankcorp's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Colony Bankcorp's Book Value per Share for the quarter that ended in Mar. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Colony Bankcorp's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Colony Bankcorp Preferred Stock Related Terms

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Colony Bankcorp (Colony Bankcorp) Business Description

Traded in Other Exchanges
N/A
Address
115 South Grant Street, Fitzgerald, GA, USA, 31750
Colony Bankcorp Inc is a bank holding company. The bank provides a broad range of banking services to its retail and commercial customers. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and land development loans, commercial real estate loans, agri-business and production loans, residential mortgage loans, consumer loans, and a variety of demand, savings, and time deposit products. The company's segments include banking, mortgage banking, and small business specialty lending division. It generates maximum revenue from the banking segment.
Executives
Harold Wyatt director 115 S GRANT STREET, P. O. BOX 989, FITZGERALD GA 31750
Matthew D. Reed director 115 S. GRANT ST., P.O. BOX 989, FITZGERALD GA 31750
Lee Bagwell officer: Executive VP 1000 LEE AVENUE, DOUGLAS GA 31533
Bateman Leonard H Jr officer: EVP & Chief Credit Officer 101 CALUMET CENTER ROAD, LAGRANGE GA 30241
Audrey Hollingsworth director 115 S GRANT STREET, P O BOX 989, FITZGERALD GA 31750
Scott Lowell Downing director 238 NEWCOMER TRAIL, FITZGERALD GA 31750
Kimberly C. Dockery officer: Exec. Chief Admin Officer P.O. BOX 920, LEESBURG GA 31763
T Heath Fountain director, officer: President and CEO C/O COLONY BANKCORP, INC., 115 S. GRANT ST. P.O. BOX 989, FITZGERALD GA 31750
Copeland R Dallis Jr officer: President 115 S GRANT STREET, P O BOX 989, FITZGERALD GA 31750
Hoyle M. Edward Jr. officer: Chief Banking Officer, EVP 115 SOUTH GRANT STREET, FITZGERALD GA 31750
David Andrew Borrmann officer: EVP P.O. BOX 17465, GREENVILLE SC 29606
Meagan M. Mowry director 115 S GRANT ST., P.O. BOX 989, FITZGERALD GA 31750
Brian D Schmitt director, other: Executive Vice Chairman 115 S GRANT STREET, FITZGERALD GA 31750
M Frederick Dwozan director 718 MEDICAL CENTER DRIVE, EASTMAN GA 31023-6736
Loomis Edward Percy Jr director 115 S GRANT STREET, FITZGERALD GA 31750