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Colony Bankcorp, Inc. Announces Retirement of Director Edward P. Loomis, Jr.

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Colony Bankcorp (NYSE: CBAN) announced that Edward P. Loomis, Jr. will retire from the Board of Directors of both the Company and Colony Bank, effective May 22, 2025. Loomis served as President and CEO from May 2012 until July 2018, during which he:

  • Guided Colony through recession recovery
  • Implemented new efficiencies
  • Expanded into new markets

Prior to Colony, Loomis's banking career began in 1975 at Trust Company Bank in Atlanta as VP and Commercial Lender. He held executive roles at First Macon Bank & Trust, Atlantic Southern Bank, and served as interim President and CEO at Rivoli Bank and Trust in 2005. Board Chairman Mark H. Massee credited Loomis as a stabilizing force who ensured smooth succession planning.

Colony Bankcorp (NYSE: CBAN) ha annunciato che Edward P. Loomis, Jr. si ritirerà dal Consiglio di Amministrazione sia della Società che di Colony Bank, a partire dal 22 maggio 2025. Loomis ha ricoperto il ruolo di Presidente e CEO da maggio 2012 fino a luglio 2018, durante il quale ha:

  • Guidato Colony attraverso la ripresa dalla recessione
  • Implementato nuove efficienze
  • Espanso in nuovi mercati

Prima di Colony, la carriera bancaria di Loomis è iniziata nel 1975 presso Trust Company Bank ad Atlanta come VP e prestatore commerciale. Ha ricoperto ruoli dirigenziali presso First Macon Bank & Trust, Atlantic Southern Bank, e ha servito come Presidente e CEO ad interim presso Rivoli Bank and Trust nel 2005. Il Presidente del Consiglio Mark H. Massee ha accreditato Loomis come una forza stabilizzante che ha garantito una pianificazione della successione fluida.

Colony Bankcorp (NYSE: CBAN) anunció que Edward P. Loomis, Jr. se retirará de la Junta Directiva tanto de la Compañía como de Colony Bank, a partir del 22 de mayo de 2025. Loomis se desempeñó como Presidente y CEO desde mayo de 2012 hasta julio de 2018, durante el cual:

  • Guió a Colony a través de la recuperación de la recesión
  • Implementó nuevas eficiencias
  • Se expandió a nuevos mercados

Antes de Colony, la carrera bancaria de Loomis comenzó en 1975 en Trust Company Bank en Atlanta como VP y prestamista comercial. Ocupó roles ejecutivos en First Macon Bank & Trust, Atlantic Southern Bank, y se desempeñó como Presidente y CEO interino en Rivoli Bank and Trust en 2005. El Presidente de la Junta, Mark H. Massee, acreditó a Loomis como una fuerza estabilizadora que aseguró una planificación de sucesión fluida.

콜로니 뱅크코프 (NYSE: CBAN)는 에드워드 P. 루미스 주니어가 2025년 5월 22일부로 회사와 콜로니 뱅크의 이사회에서 은퇴할 것이라고 발표했습니다. 루미스는 2012년 5월부터 2018년 7월까지 사장 겸 CEO로 재직하며 다음과 같은 역할을 수행했습니다:

  • 콜로니를 경기 침체에서 회복하도록 이끌었다
  • 새로운 효율성을 구현했다
  • 새로운 시장으로 확장했다

콜로니 이전에 루미스의 은행 경력은 1975년 애틀란타의 트러스트 컴퍼니 은행에서 VP 및 상업 대출자로 시작되었습니다. 그는 퍼스트 메이컨 뱅크 & 트러스트, 애틀랜틱 사우던 뱅크에서 임원직을 맡았으며, 2005년 리볼리 뱅크 앤 트러스트에서 임시 사장 겸 CEO로 재직했습니다. 이사회 의장인 마크 H. 마씨는 루미스를 원활한 승계 계획을 보장한 안정적인 힘으로 평가했습니다.

Colony Bankcorp (NYSE: CBAN) a annoncé qu'Edward P. Loomis, Jr. prendra sa retraite du Conseil d'Administration de la Société et de Colony Bank, à compter du 22 mai 2025. Loomis a été Président et CEO de mai 2012 à juillet 2018, période durant laquelle il a :

  • Guidé Colony à travers la reprise après la récession
  • Mis en œuvre de nouvelles efficacités
  • Élargi vers de nouveaux marchés

Avant Colony, la carrière bancaire de Loomis a commencé en 1975 au Trust Company Bank à Atlanta en tant que VP et prêteur commercial. Il a occupé des postes exécutifs au sein de la First Macon Bank & Trust, de l'Atlantic Southern Bank, et a été Président et CEO par intérim de la Rivoli Bank and Trust en 2005. Le Président du Conseil, Mark H. Massee, a crédité Loomis comme une force stabilisatrice qui a assuré une planification de succession fluide.

Colony Bankcorp (NYSE: CBAN) gab bekannt, dass Edward P. Loomis, Jr. am 22. Mai 2025 aus dem Vorstand sowohl der Gesellschaft als auch der Colony Bank ausscheiden wird. Loomis war von Mai 2012 bis Juli 2018 Präsident und CEO, währenddessen er:

  • Colony durch die Erholung von der Rezession geleitet hat
  • Neue Effizienzen umgesetzt hat
  • In neue Märkte expandiert ist

Vor Colony begann Loomis' Bankkarriere 1975 bei der Trust Company Bank in Atlanta als VP und gewerblicher Kreditgeber. Er hatte Führungspositionen bei der First Macon Bank & Trust und der Atlantic Southern Bank inne und diente 2005 als interimistischer Präsident und CEO der Rivoli Bank and Trust. Der Vorstandsvorsitzende Mark H. Massee würdigte Loomis als stabilisierende Kraft, die eine reibungslose Nachfolgeplanung gewährleistete.

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FITZGERALD, Ga.--(BUSINESS WIRE)-- Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”) today announced that Edward P. Loomis, Jr. will retire from the Board of Directors of both the Company and its wholly-owned banking subsidiary, Colony Bank, effective May 22, 2025.

Colony Bankcorp announces the retirement of Director Edward P. Loomis, Jr.

Colony Bankcorp announces the retirement of Director Edward P. Loomis, Jr.

Loomis, an experienced executive officer, served as President and Chief Executive Officer of the Company and Colony Bank from May 2012 until his retirement in July 2018. During his tenure, he steered Colony out of the recession, adding new efficiencies and expanding into new markets. Loomis has been a Director of the Company since May 2012.

Commenting on the announcement, Mark H. Massee, Chairman of the Board of Directors, said, “Ed joined Colony at a pivotal time and was a stabilizing force when we needed it most. His leadership was instrumental in guiding the Bank forward, and we are grateful for his dedication. We also appreciate his commitment to ensuring a smooth transition by recruiting his successor and remaining on the Board throughout the process.”

Loomis began his banking career in 1975 at Trust Company Bank in Atlanta, Georgia, where he served as Vice President and Commercial Lender. He later held executive leadership roles at several Georgia-based financial institutions, including First Macon Bank & Trust, Atlantic Southern Bank, and Rivoli Bank and Trust, where he served as interim President and CEO in 2005.

“Ed built a strong foundation that positioned Colony for long term success. His leadership and vision helped shape the Bank’s future, and we continue to build upon the team and strategy he put in place. We are grateful for his years of service and dedication,” said T. Heath Fountain, Chief Executive Officer.

About Colony Bankcorp

Colony Bankcorp, Inc. is the bank holding company for Colony Bank. Founded in Fitzgerald, Georgia in 1975, Colony operates locations throughout Georgia as well as in Birmingham, Alabama; Tallahassee, Florida; and the Florida Panhandle. Colony Bank offers a range of banking solutions for personal and business customers. In addition to traditional banking services, Colony provides specialized solutions including mortgage lending, government guaranteed lending, consumer insurance, wealth management, credit cards and merchant services. Colony’s common stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “CBAN.” For more information, please visit www.colony.bank. You can also follow the Company on social media.

For additional information, contact:

T. Heath Fountain

Chief Executive Officer

(229) 426-6000 (Ext 6012)

Source: Colony Bankcorp, Inc.

FAQ

When will Edward Loomis retire from Colony Bankcorp (CBAN) board?

Edward Loomis will retire from Colony Bankcorp's Board of Directors effective May 22, 2025.

What were Edward Loomis's key achievements as CEO of Colony Bankcorp (CBAN)?

As CEO from 2012-2018, Loomis led Colony through recession recovery, implemented new efficiencies, and expanded into new markets.

How long did Edward Loomis serve as Colony Bankcorp's (CBAN) CEO?

Loomis served as President and CEO of Colony Bankcorp from May 2012 until his retirement in July 2018.

What was Edward Loomis's career path before joining Colony Bankcorp (CBAN)?

Loomis began at Trust Company Bank in 1975, then held executive roles at First Macon Bank & Trust, Atlantic Southern Bank, and served as interim CEO at Rivoli Bank and Trust.
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