Colony Bankcorp to Acquire First Reliance Bancshares for $163M

Fitzgerald-based Colony Bankcorp is acquiring Florence-based First Reliance Bancshares in a $163 million stock-and-cash deal, creating a $5 billion-asset bank. The merger will expand Colony's presence into South Carolina and strengthen its Southeast footprint.

By Gabrielle Saulsbery Fri, June 26, 2026 at 2:24 PM GMT+3 2 min read · Yahoo Finance · June 26, 2026, 11:24 UTC

Colony Bankcorp to Acquire First Reliance Bancshares for $163M

Tickers: $CBAN

Topics: banks merger Southeast US

Read the full article at Yahoo Finance

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