 FITZGERALD, Ga.--BUSINESS WIRE--Colony Bankcorp, Inc. Nasdaq: CBAN Colony or the Company, the bank holding company for Colony Bank the Bank, today announced it has agreed to acquire The Barnes Agency, an Allstate appointed consumer property and casualty insurance agency in Macon, GA. The transaction is expected to close August 1, 2021. In conjunction with the transaction, the Bank has formed a new subsidiary that will operate under the brand Colony Insurance, which will offer a su 