Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MOORE SARAH H
  2. Issuer Name and Ticker or Trading Symbol
COLONIAL BANCGROUP INC [CNB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last)
(First)
(Middle)
124 EVERGREEN DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
12/28/2004
(Street)

DEATSVILLE, AL 36022
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/28/2004   J(1) V 378 A $ 18.97 (2) 14,178 D  
Common Stock 12/28/2004   J(3) V 365 A $ 19.4 (4) 14,543 D  
Common Stock 12/28/2004   J(5) V 68 A $ 19.55 (6) 14,611 D  
Common Stock               4,100 I By Sons

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 21.45 12/28/2004   A   10,000 (7)   12/28/2005(8) 12/28/2014 Common Stock 10,000 $ 21.45 0 D  
Incentive Stock Option (right to buy) $ 8.578             09/03/1997 09/03/2006 Common Stock 2,000   2,000 D  
Non-Qualified Stock Option (right to buy) $ 7.29             09/03/1997 09/03/2006 Common Stock 1,500   1,500 D  
Incentive Stock Option (right to buy) $ 11.5313             12/30/1999(9) 12/30/1998 Common Stock 10,000   10,000 D  
Incentive Stock Option (right to buy) $ 10.5             12/30/2000(10) 12/30/2009 Common Stock 10,000   8,000 D  
Incentive Stock Option (right to buy) $ 9.5             05/16/2001(11) 05/16/2010 Common Stock 25,900   15,900 D  
Non-Qualifed Stock Option (right to buy) $ 9.5             05/16/2001(12) 05/16/2010 Common Stock 24,100   24,100 D  
Incentive Stock Option (right to buy) $ 12.54             06/18/2001 06/18/2011 Common Stock 10,000   10,000 D  
Incentive Stock Option (right to buy) $ 14.81             12/28/2002(13) 12/28/2011 Common Stock 5,000   3,000 D  
Incentive Stock Option (right to buy) $ 11.75             12/30/2006(14) 12/30/2012 Common Stock 1,109   0 D  
Non-Qualifed Stock Option (right to buy) $ 11.75             12/30/2003(15) 12/30/2012 Common Stock 3,891   1,000 D  
Incentive Stock Option (right to buy) $ 17.28             12/23/2006(16) 12/23/2013 Common Stock 6,000   0 D  
Non-Qualified Stock Option (right to buy) $ 17.28             12/23/2004(17) 12/23/2013 Common Stock 4,000   2,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MOORE SARAH H
124 EVERGREEN DRIVE
DEATSVILLE, AL 36022
      Chief Financial Officer  

Signatures

 Sarah H. Moore   12/30/2004
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Shares issued through the Colonial BancGroup, Inc. 401K Retirement Plan.
(2) Average purchase price of 401K shares issued throughout the reporting period.
(3) Shares issued through the Colonial BancGroup, Inc. Employee Stock Purchase Plan.
(4) Average purchase price of ESPP shares issued throughout the reporting period.
(5) Shares acquired through the Colonial BancGroup, Inc. Dividend Reinvestment Plan.
(6) Average purchase price of DRIP shares issued throughout the reporting period.
(7) 8,000 options will be classified as incentive stock options. The remaining 2,000 options will be classified as Non-Qualifed Stock Options. This grant will be split up on subsequent forms to show this.
(8) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant. (0% vested)
(9) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant. (100% vested)
(10) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant. (80%)
(11) 2,510 options vest annually for three years commencing one year after the grant date. The fourth year 8,370 options vest and the fifth year 10,000 options vest.
(12) 7,490 options vest annually for three years commencing one year after the grant date. The remaining 1,630 options vest on the fourth anniversary of the grant date.
(13) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant. (60% vested)
(14) 109 options vest on 12/30/2006. The remaining 1,000 options vest one year later.
(15) 1,000 options vest annually for three years commencing one year after the grant date. The remaining 891options vest on the fourth anniversary of the grant date.
(16) Options vest in three equal installments, commencing three years from the date of grant. (0% vested)
(17) Options vest in two equal installments commencing one year from the date of grant. (50% vested)

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