Fourthstone LLC Increases Stake in Colony Bankcorp Inc to 9.76%
On May 15, 2026, Fourthstone LLC and its affiliated entities filed a Schedule 13G/A regarding their holdings in Colony Bankcorp Inc (CBAN). The filing indicates that Fourthstone LLC, as a registered investment adviser, now beneficially owns 2,064,886 shares of Common Stock, representing 9.76% of the company based on 21,166,315 shares outstanding as of March 2026. This position is held across several entities, including Fourthstone Master Opportunity Fund Ltd (7.40%), Fourthstone QP Opportunity Fund LP (2.04%), and Fourthstone Small-Cap Financials Fund LP (0.31%). L. Phillip Stone, IV, as the Managing Member of Fourthstone LLC and Fourthstone GP LLC, is deemed to have shared voting and dispositive power over the total 2,064,886 shares. The filing clarifies that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. This amendment reflects an increase from previously reported positions, solidifying Fourthstone's significant minority stake in the Georgia-based bank holding company.