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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Colony+Bankcorp+to+acquire+TC+Bancshares+for+%2486.1+million/25089336.html</link>
   <description>

&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Colony+Bankcorp+to+acquire+TC+Bancshares+for+%2486.1+million/25089336.html</link>
   <description>

&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Colony+Bankcorp+to+acquire+TC+Bancshares+for+%2486.1+million/25089336.html</link>
   <description>

&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
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&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <pubDate>Wed, 23 Jul 2025 17:00:17 -0400</pubDate>
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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Colony+Bankcorp+to+acquire+TC+Bancshares+for+%2486.1+million/25089336.html</link>
   <description>

&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Colony+Bankcorp+to+acquire+TC+Bancshares+for+%2486.1+million/25089336.html</link>
   <description>

&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Colony+Bankcorp+to+acquire+TC+Bancshares+for+%2486.1+million/25089336.html</link>
   <description>

&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Colony+Bankcorp+to+acquire+TC+Bancshares+for+%2486.1+million/25089336.html</link>
   <description>

&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Colony+Bankcorp+to+acquire+TC+Bancshares+for+%2486.1+million/25089336.html</link>
   <description>

&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Colony+Bankcorp+to+acquire+TC+Bancshares+for+%2486.1+million/25089336.html</link>
   <description>

&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <title>Colony Bankcorp to acquire TC Bancshares for $86.1 million</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Colony+Bankcorp+to+acquire+TC+Bancshares+for+%2486.1+million/25089336.html</link>
   <description>

&lt;p&gt;Colony Bankcorp Inc. (NYSE: CBAN) announced it will acquire TC Bancshares Inc. (OTCQX: TCBC) in a stock-and-cash transaction valued at approximately $86.1 million.&lt;/p&gt;

&lt;p&gt;Under the merger agreement, TC Bancshares shareholders can elect to receive either $21.25 in cash or 1.25 shares of Colony common stock for each TC Bancshares share they own. The transaction structure allocates approximately 20% to cash consideration and 80% to Colony stock.&lt;/p&gt;

&lt;p&gt;Colony is the holding company for Colony Bank, based in Fitzgerald, Georgia. TC Bancshares is the holding company for TC Federal Bank, located in Thomasville, Georgia. The combined organization will have approximately $3.8 billion in total</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
   <link>http://www.streetinsider.com/Press+Releases/Colony+Bankcorp%2C+Inc.+and+TC+Bancshares%2C+Inc.+Announce+Signing+of+Definitive+Merger+Agreement+to+Create+a+Stronger+Franchise+in+Key+Georgia+and+Florida+Markets/25089334.html</link>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

&lt;/p&gt;&lt;p id=&quot;news-body-cta&quot;&gt;This press</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

&lt;/p&gt;&lt;p id=&quot;news-body-cta&quot;&gt;This press</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

&lt;/p&gt;&lt;p id=&quot;news-body-cta&quot;&gt;This press</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

&lt;/p&gt;&lt;p id=&quot;news-body-cta&quot;&gt;This press</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
   <link>http://www.streetinsider.com/Press+Releases/Colony+Bankcorp%2C+Inc.+and+TC+Bancshares%2C+Inc.+Announce+Signing+of+Definitive+Merger+Agreement+to+Create+a+Stronger+Franchise+in+Key+Georgia+and+Florida+Markets/25089334.html</link>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

&lt;/p&gt;&lt;p id=&quot;news-body-cta&quot;&gt;This press</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
   <link>http://www.streetinsider.com/Press+Releases/Colony+Bankcorp%2C+Inc.+and+TC+Bancshares%2C+Inc.+Announce+Signing+of+Definitive+Merger+Agreement+to+Create+a+Stronger+Franchise+in+Key+Georgia+and+Florida+Markets/25089334.html</link>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

&lt;/p&gt;&lt;p id=&quot;news-body-cta&quot;&gt;This press</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

&lt;/p&gt;&lt;p id=&quot;news-body-cta&quot;&gt;This press</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

&lt;/p&gt;&lt;p id=&quot;news-body-cta&quot;&gt;This press</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
   <link>http://www.streetinsider.com/Press+Releases/Colony+Bankcorp%2C+Inc.+and+TC+Bancshares%2C+Inc.+Announce+Signing+of+Definitive+Merger+Agreement+to+Create+a+Stronger+Franchise+in+Key+Georgia+and+Florida+Markets/25089334.html</link>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

&lt;/p&gt;&lt;p id=&quot;news-body-cta&quot;&gt;This press</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
   <link>http://www.streetinsider.com/Press+Releases/Colony+Bankcorp%2C+Inc.+and+TC+Bancshares%2C+Inc.+Announce+Signing+of+Definitive+Merger+Agreement+to+Create+a+Stronger+Franchise+in+Key+Georgia+and+Florida+Markets/25089334.html</link>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
   <link>http://www.streetinsider.com/Press+Releases/Colony+Bankcorp%2C+Inc.+and+TC+Bancshares%2C+Inc.+Announce+Signing+of+Definitive+Merger+Agreement+to+Create+a+Stronger+Franchise+in+Key+Georgia+and+Florida+Markets/25089334.html</link>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
   <link>http://www.streetinsider.com/Business+Wire/Colony+Bankcorp%2C+Inc.+and+TC+Bancshares%2C+Inc.+Announce+Signing+of+Definitive+Merger+Agreement+to+Create+a+Stronger+Franchise+in+Key+Georgia+and+Florida+Markets/25089334.html</link>
   <description>
&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

&lt;/p&gt;&lt;p id=&quot;news-body-cta&quot;&gt;This press</description>
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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
   <link>http://www.streetinsider.com/Business+Wire/Colony+Bankcorp%2C+Inc.+and+TC+Bancshares%2C+Inc.+Announce+Signing+of+Definitive+Merger+Agreement+to+Create+a+Stronger+Franchise+in+Key+Georgia+and+Florida+Markets/25089334.html</link>
   <description>
&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

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   <title>Colony Bankcorp, Inc. and TC Bancshares, Inc. Announce Signing of Definitive Merger Agreement to Create a Stronger Franchise in Key Georgia and Florida Markets</title>
   <link>http://www.streetinsider.com/Business+Wire/Colony+Bankcorp%2C+Inc.+and+TC+Bancshares%2C+Inc.+Announce+Signing+of+Definitive+Merger+Agreement+to+Create+a+Stronger+Franchise+in+Key+Georgia+and+Florida+Markets/25089334.html</link>
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&lt;p&gt;    FITZGERALD, Ga. &amp;amp; THOMASVILLE, Ga.--(BUSINESS WIRE)--
Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”), the holding company for Colony Bank, and TC Bancshares, Inc. (OTCQX: TCBC) (“TC Bancshares”), the holding company for TC Federal Bank, today jointly announced the signing of a definitive merger agreement in which Colony has agreed to acquire 100% of the common stock of TC Bancshares in a combined stock-and-cash transaction valued at approximately $86.1 million (the “Merger”). The transaction is expected to form a stronger banking franchise focused on delivering enhanced customer service, expanded capabilities, and scalable, long-term growth.

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