COLONY BANKCORP INC
For the period ended May 22, 2025. Filed Apr 17, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 22, 2025 · Filed Apr 17, 2025
Contents
Summary Compensation Table
The table below summarizes the total compensation paid or earned by cash of the named executive officers for the fiscal years ended December 31, 2024 and 2023.
| Name and Principal Position · Year · Salary · Bonus(1) · Stock Awards(2) · All Other Compensation · Total | |||||||
|---|---|---|---|---|---|---|---|
| T. Heath Fountain | 2024 | $491,063 | $294,638 | $110,565 | $59,938 | (3) | $956,204 |
| Chief Executive Officer | 2023 | 485,000 | 58,200 | 28,260 | 52,175 | 623,635 | |
| Roy D. Copeland, Jr. | 2024 | 365,000 | 145,000 | 53,885 | 48,535 | (4) | 612,420 |
| President | 2023 | 350,000 | 28,000 | 42,390 | 35,195 | 455,585 | |
| Leonard Bateman, Jr. | 2024 | 245,000 | 98,000 | 41,662 | 33,727 | (5) | 418,389 |
| Executive Vice President | 2023 | 230,000 | 18,400 | 14,130 | 33,566 | 296,096 | |
(1)Non-Equity bonus paid in current year based on Company performance in prior year.
(2)Reflects the aggregate grant date fair value computed in accordance with FASB ASC Topic 718 of restricted stock awards granted in the applicable year based on the stock price per share on the date of grant.
(3)Includes $1,179 attributable as the aggregate incremental cost company-owned car, $393 for Company-paid life insurance premiums, $1,848 for interest paid on deferred bonus, $11,102 for social club dues, $18,000 for director fees, $6,525 for dividends on restricted stock, $3,642 for Company-paid disability insurance and $17,250 for 401(k) match.
(4)Includes $12,000 vehicle allowance, $1,032 for Company-paid life insurance premiums, $564 for interest paid on deferred bonus, $2,698 for dividends on restricted stock, $12,000 for social club dues, $3,248 for Company-paid disability insurance and $16,994 for 401(k) match.
(5)Includes $12,000 car allowance, $552 for Company-paid life insurance premiums, $627 for interest paid on deferred bonus, $3,873 for dividends on restricted stock, $2,076 for Company-paid disability insurance and $14,600 for 401(k) match.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.