secwatch.observer — SEC 8-K summary
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Issuer:     CAPITAL CITY BANK GROUP INC (CCBG)
CIK:        0000726601
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0000726601-23-000036
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CCBG Q3 net income $13.2M ($0.78 EPS) vs $14.6M ($0.85) in Q2; NIM 4.02%
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- Net income down 9.6% QoQ; EPS $0.78 vs $0.85 Q2 and $0.67 year ago.
- Tax-equivalent NII $39.2M; NIM 4.02%, down 3 bps from Q2 due to higher deposit costs.
- Avg loans +$15M (+0.6% QoQ); avg deposits -$115M (-3.3%) on seasonal public fund decline.
- NPAs at 0.11% of assets; allowance coverage of loans 1.07% (up from 1.05% Q2).
- Repurchased 36,411 shares in Q3; tangible book value +$0.50 to $19.72/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726601/000072660123000036/0000726601-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726601/000072660123000036/ccbg20230930pr8k.htm
  HTML page:      https://secwatch.observer/filing/0000726601-23-000036

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