Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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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1. Name and Address of Reporting Person *
MOODY SHEILA P
 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
_____ Officer (give title below) __X__ Other (specify below)
Chief Accounting Officer
(Last)
(First)
(Middle)

8613 ANNA PLACE		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2004
(Street)


MONTGOMERY, AL 36116		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 12/31/2004   J(1) 3 A $ 21.31 (2) 1,816 D  
Common Stock 12/31/2004   J(3) 27 A $ 21.45 (4) 1,843 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

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 at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $ 21.45           12/28/2005(5) 12/28/2014 Common Stock
2,500
  0
D
 
Incentive Stock Option (right to buy) $ 11.5313           12/30/1999(6) 12/30/2008 Common Stock
7,500
  7,500
D
 
Incentive Stock Option (right to buy) $ 10.5           12/30/2000(6) 12/30/2009 Common Stock
1,500
  1,500
D
 
Incentive Stock Option (right to buy) $ 12.54           06/18/2001 06/18/2011 Common Stock
2,000
  2,000
D
 
Incentive Stock Option (right to buy) $ 14.81           12/28/2002(7) 12/28/2011 Common Stock
2,500
  1,500
D
 
Incentive Stock Option (right to buy) $ 11.75           12/30/2003(9) 12/30/2012 Common Stock
1,500
  600
D
 
Incentive Stock Option (right to buy) $ 17.28           12/23/2004(8) 12/23/2013 Common Stock
5,000
  1,000
D
 
Incentive Stock Option (right to buy) $ 17.75           06/09/2005(5) 06/09/2014 Common Stock
2,000
  0
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MOODY SHEILA P
8613 ANNA PLACE
MONTGOMERY, AL 36116		       Chief Accounting Officer

Signatures

Sheila P. Moody 01/28/2005
**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. Employee Stock Purchase Plan.
(2) Average purchase price of ESPP shares issued throughout the Reporting period.
(3) Shares issued through the Colonial BancGroup, Inc. 401K Retirement Plan.
(4) Average purchase price of 401K shares issued throughout the reporting period.
(5) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant. (0% vested)
(6) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant. (100% vested)
(7) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant. (60% vested)
(8) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant. (20% vested)
(9) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant. (40% vested)

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