Colony Bankcorp and First Reliance shareholders approve merger

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Colony Bankcorp, Inc. and First Reliance Bancshares, Inc. Announce Shareholder Approval of Merger

October 15, 2026 4:15 PM EDT

FITZGERALD, Ga. & FLORENCE, S.C.--(BUSINESS WIRE)-- Colony Bankcorp, Inc. (NYSE: CBAN) (Colony or the Company), the holding company for Colony Bank, and First Reliance Bancshares, Inc. (OTCQX: FSRL) (First Reliance), the holding company for First Reliance Bank, today jointly announced that shareholders of both companies have approved the previously announced transaction through which First Reliance will become part of Colony (the Merger).

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