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Colony Bankcorp reports Q1 operating EPS 38c, two estimates 38c

“We are pleased to report strong financial results for the first quarter along with continued improvement in our margin and better than expected loan growth. We also had a great quarter for low cost deposit growth which contributed to a lower cost of funds as we continue building customer deposit relationships. We believe our growth in both loans and deposits in the first quarter sets a solid foundation for us to perform well in the future,” said Heath Fountain, Chief Executive Officer.

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