FITZGERALD, Ga. (AP) — FITZGERALD, Ga. (AP) — Colony Bankcorp Inc. (CBAN) on Wednesday reported net income of $8.2 million in its first quarter.

The bank, based in Fitzgerald, Georgia, said it had earnings of 39 cents per share. Earnings, adjusted for one-time gains and costs, came to 45 cents per share.

The bank holding company posted revenue of $55.6 million in the period. Its revenue net of interest expense was $39.9 million, which did not meet Street forecasts.

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