Colony Bankcorp, Inc. (NASDAQ:CBAN) Q4 2022 Earnings Call Transcript

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We’ll take into account some forward-looking economic factors that we really haven’t been putting in now. But I think, I see it definitely trending down as our loan growth trends down assuming we’re able to hold these credit metrics.

David Bishop: Got it. Then my follow-up to that in ancillary question, I think you mentioned the CECL impact. Remind me again that’s neutral or regulatory capital, but a negative to TCE and that’s going to be — was it 20% of the state of reserve or whether the estimate at the moment is?

Heath Fountain: Yes. And you’re right on that and it is we disclosed last quarter and we will put an updated disclosure in our 10-Q this quarter, but right now we got that 15% to 25% is the range we put there.

David Bishop: Great. Thank you.

Operator: And it appears we have no further questions being registered at this time. So I’d like to hand back to Heath for any closing remarks.

Heath Fountain: Thanks, Harry, and thanks for everyone. Again, for being on the call today. I appreciate your support of Colony Bancorp. We appreciate it, and we welcome you to reach out to us if you have further questions. Thank you.

Operator: Thank you, everyone. This concludes today’s call. You may now disconnect your lines.

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