LEASES (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Balance Sheet Classification of ROU Assets and Liabilities

The following table represents the consolidated balance sheet classification of the Company’s ROU assets and liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the consolidated balance sheet.


(dollars in thousands)	Classification	December 31, 2025		December 31, 2024
Assets
Operating lease right-of-use assets	Other assets	$	10,257	$	1,225

Liabilities
Operating lease liabilities	Other liabilities	$	10,327	$	1,319

Schedule of Future Maturities of Operating Lease Liabilities and Other Lease Information

The following table represents the future maturities of the Company’s operating lease liabilities and other lease information.


(dollars in thousands)
Year	Lease Liability
2026	$	1,387
2027	1,305
2028	1,081
2029	1,020
2030	961
Thereafter	8,021
Total Lease Payments	$	13,775
Less: Imputed Interest	(3,448)
Present Value of Lease Liabilities	$	10,327

Schedule of Supplemental Lease Information


Supplemental Lease Information: (dollars in thousands)	December 31, 2025			December 31, 2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases (cash payments)	$	764		$	659

Operating lease right-of-use assets obtained in exchange for leases entered into during the period	9,682		*	76
*Includes $9.4 million assumed in business acquisition

COLONY BANKCORP INC 10-K