---
schema_version: "secwatch.filing_event.v1"
accession: "0000726601-23-000015"
form_type: "8-K"
ticker: "CCBG"
cik: "0000726601"
company_name: "CAPITAL CITY BANK GROUP INC"
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T20:00:00.640662+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Capital City Bank Q1 EPS $0.88 beats prior year; NIM expands to 4.04%

## Summary
- Net income $15.0M ($0.88 diluted EPS) vs $0.68 in Q4 2022 and $0.50 in Q1 2022; strong YoY growth.
- Net interest margin expanded 28 bps to 4.04%; cost of funds 35 bps, up 4 bps QoQ.
- Average loan growth 5.9% ($143M) QoQ; period-end loans up 4.4% ($112M). ACL ratio 1.01%.
- Tangible book value per share up 5.7% ($1.00); all regulatory capital ratios well above well-capitalized thresholds.

## SEC filing metadata
- accession: 0000726601-23-000015
- form_type: 8-K
- ticker: CCBG
- cik: 0000726601
- company_name: CAPITAL CITY BANK GROUP INC
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/726601/000072660123000015/0000726601-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/726601/000072660123000015/ccbg20230424PR8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000726601-23-000015
- JSON: https://secwatch.observer/filing/0000726601-23-000015.json
- Plain text: https://secwatch.observer/filing/0000726601-23-000015.txt

## Key facts
- Earnings Releases
  CAPITAL CITY BANK GROUP INC reported the first quarter of 2023 results: net income $15.0 million, EPS $0.88 per diluted share.
  - Period: the first quarter of 2023
  - Net income: $15.0 million
  - EPS: $0.88 per diluted share
  - Result: reported results
  source text: Capital City Bank Group, Inc. (NASDAQ: CCBG) today reported net income attributable to common shareowners of $15.0 million, or $0.88 per diluted share, for the first quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/726601/000072660123000015/0000726601-23-000015-index.htm

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