Colony Bankcorp Inc. reported consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported interest income of $11,203,000 compared with $11,363,000 for the same period last year. Net interest income was $9,569,000 compared with $9,761,000 for the same period last year. Income before income taxes was $3,131,000 compared with $3,094,000 for the same period last year. Net income available to common shareholders was $1,883,000 or $0.22 diluted per share compared with $1,584,000 or $0.19 diluted per share for the same period last year. Common book value per share as on December 31, 2016 was $9.96 compared with $9.18 per share as on December 31, 2015. Tangible common book value per share as on December 31, 2016 was $9.95 compared with $9.16 per share as on December 31, 2015. Return on average assets was 0.64% compared with 0.55% for the same period last year. Return on average total equity was 7.60% compared with 6.26% for the same period last year. For the full year, the company reported interest income of $44,589,000 compared with $44,276,000 for the same period last year. Net interest income was $38,106,000 compared with $37,707,000 for the same period last year. Income before income taxes was $12,524,000 compared with $12,161,000 for the same period last year. Net income available to common shareholders was $7,180,000 or $0.84 diluted per share compared with $5,998,000 or $0.71 diluted per share for the same period last year. Return on average assets was 0.62% compared with 0.52% for the same period last year. Return on average total equity was 7.17% compared with 5.90% for the same period last year. This increase of 19.71% in net income for the comparable twelve month periods was primarily driven by an increase in net interest income and a reduction in preferred stock dividends.