---
schema_version: "secwatch.filing_event.v1"
accession: "0000726601-24-000004"
form_type: "8-K"
ticker: "CCBG"
cik: "0000726601"
company_name: "CAPITAL CITY BANK GROUP INC"
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:19:05.547361+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 net income $11.7M ($0.70 EPS); full-year record $52.3M ($3.07 EPS)

## Summary
- Q4 2023 net income $11.7M ($0.70 diluted EPS) vs $12.7M ($0.74) in Q3 2023 and $9.6M ($0.56) in Q4 2022.
- Full year 2023 net income $52.3M ($3.07 diluted EPS) vs $33.4M ($1.97) for 2022 – a record year.
- Net interest margin expanded to 4.07% in Q4 (up 31 bps YoY); full year NIM 4.05% vs 3.14% in 2022.
- Loans grew 7.3% YoY (end-of-period); deposits declined 6.0% YoY; allowance coverage ratio 1.10%.
- Nonperforming assets rose to $6.2M (0.15% of assets) from $4.7M in Q3 and $2.7M a year ago.

## SEC filing metadata
- accession: 0000726601-24-000004
- form_type: 8-K
- ticker: CCBG
- cik: 0000726601
- company_name: CAPITAL CITY BANK GROUP INC
- filed_at: 2024-01-23T23:59:59+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/726601/000072660124000004/0000726601-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/726601/000072660124000004/ccbg20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000726601-24-000004
- JSON: https://secwatch.observer/filing/0000726601-24-000004.json
- Plain text: https://secwatch.observer/filing/0000726601-24-000004.txt

## Key facts
- Earnings Releases
  CAPITAL CITY BANK GROUP INC reported fourth quarter of 2023 results: net income 11.7 million, EPS $0.70 per diluted share.
  - Period: fourth quarter of 2023
  - Net income: 11.7 million
  - EPS: $0.70 per diluted share
  - Result: reported results
  source text: Capital City Bank Group, Inc. (NASDAQ: CCBG) today reported net income attributable to common shareowners of $11.7 million, or $0.70 per diluted share, for the fourth quarter of 2023 compared to $12.7 million, or $0.74 per diluted share, for the third quarter of 2023, and $9.6 million, or $0.56 per diluted share, for the fourth quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/726601/000072660124000004/0000726601-24-000004-index.htm
- Earnings Releases
  CAPITAL CITY BANK GROUP INC reported full year of 2023 results: net income 52.3 million, EPS $3.07 per diluted share.
  - Period: full year of 2023
  - Net income: 52.3 million
  - EPS: $3.07 per diluted share
  - Result: reported results
  source text: For the full year of 2023, net income attributable to common shareowners totaled $52.3 million, or $3.07 per diluted share, compared to net income of $33.4 million, or $1.97 per diluted share, for the same period of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/726601/000072660124000004/0000726601-24-000004-index.htm

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