Colony Bankcorp, Inc. announced its expansion into the Augusta market by naming Hugh Hollar to the newly created position of Senior Vice President, Director of the Homebuilder Finance Division. Hollar will be primarily focused on residential construction lending and residential lot development lending. Hollar has 30 years of banking experience in construction lending in the Augusta, Georgia, area, having most recently served as Senior Vice President Director of East Georgia Homebuilder Finance for Cadence Bank, which he joined through Cadences merger with State Bank in 2018. He served as Senior Vice President Construction Lending Manager at First Bank Mortgage from April 2000 until its merger with State Bank in 2014.