 Colony Bankcorp, Inc. Nasdaq: CBAN Colony or the Company today reported net income of 2.2 million, or 0.23 per diluted share, for the second quarter of 2020, compared to 2.1 million, or 0.23 per diluted share, for the same period in 2019. Excluding payroll protection program and acquisition-related expenses, Colony reported operating net income of 2.4 million, or 0.25 adjusted earnings per diluted share, in the second quarter of 2020, compared to 3.6 million, or 0.40 adjusted earnings per diluted share, for the same period in 2019. 