secwatch.observer — SEC 8-K summary
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Issuer:     CAPITAL CITY BANK GROUP INC (CCBG)
CIK:        0000726601
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0000726601-24-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CCBG Q3 net income $13.1M ($0.78/sh); NIM expands to 4.12%, dividend raised 9.5%
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- Net income $13.1M, down from $14.2M in Q2 but up from $12.7M a year ago; diluted EPS $0.78 vs $0.83 Q2.
- Tax-equivalent NII $40.3M, up $1.0M QoQ; net interest margin 4.12%, +10 bps from Q2, +9 bps YoY.
- Average loans HFI down $33.2M (-1.2%) QoQ; average deposits down $69.0M (-1.9%) due to seasonal public funds.
- Tangible book value per diluted share rose $0.91 (+4.2%) to $22.68; quarterly dividend increased 9.5% to $0.235/sh.
- Noninterest expense $42.9M, up $2.5M QoQ, including $0.5M VISA share swap payment; credit loss provision $1.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726601/000072660124000037/0000726601-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726601/000072660124000037/ccbg-20241022.htm
  HTML page:      https://secwatch.observer/filing/0000726601-24-000037

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