---
schema_version: "secwatch.filing_event.v1"
accession: "0000726601-23-000004"
form_type: "8-K"
ticker: "CCBG"
cik: "0000726601"
company_name: "CAPITAL CITY BANK GROUP INC"
filed_at: "2023-01-24T23:59:59+00:00"
generated_at: "2026-06-20T11:14:36.302972+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Capital City Bank Q4 EPS $0.68 vs $0.38 YoY; FY 2022 EPS $2.36, record net income

## Summary
- Net income $11.7M ($0.68 diluted) for Q4 vs $6.4M ($0.38) a year ago; FY 2022 net income $40.1M ($2.36) up from $33.4M ($1.98).
- Net interest margin expanded 45 bps QoQ to 3.76%; deposit cost controlled at 20 bps (total deposits).
- Loan growth of $179M (7.6%) end-of-period; full year loan growth $594M (30.7%).
- Tangible book value per share up $1.19 (7.2%); nonperforming assets remain low at 0.06% of total assets.
- Noninterest income fell $1.9M due to lower mortgage banking; pension settlement charge of $1.8M included in expense.

## SEC filing metadata
- accession: 0000726601-23-000004
- form_type: 8-K
- ticker: CCBG
- cik: 0000726601
- company_name: CAPITAL CITY BANK GROUP INC
- filed_at: 2023-01-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/726601/000072660123000004/0000726601-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/726601/000072660123000004/ccbg-202212318k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000726601-23-000004
- JSON: https://secwatch.observer/filing/0000726601-23-000004.json
- Plain text: https://secwatch.observer/filing/0000726601-23-000004.txt

## Key facts
- Earnings Releases
  CAPITAL CITY BANK GROUP INC reported financial results for the three and twelve month periods ended December 31, 2022.
  - Period: the three and twelve month periods ended December 31, 2022
  - Result: reported results
  source text: On January 24, 2023, Capital City Bank Group, Inc. (“CCBG”) issued an earnings press release reporting CCBG’s financial results for the three and twelve month periods ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/726601/000072660123000004/0000726601-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.