---
schema_version: "secwatch.filing_event.v1"
accession: "0001171200-24-000040"
form_type: "8-K"
ticker: "CCBG"
cik: "0000726601"
company_name: "CAPITAL CITY BANK GROUP INC"
filed_at: "2024-03-13T23:59:59+00:00"
generated_at: "2026-06-04T22:38:19.728136+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Capital City Bank: Non-reliance on cash flow statements for 2021-2023 due to intercompany elimination error

## Summary
- Error in intercompany loan sale elimination overstated gross operating cash flows by $558M (2022) and $279M (2021); offsetting, no net impact.
- Investing section overstated purchases of loans held for investment by $422M (2022) and $95M (2021); offsetting, no net impact.
- Balance sheet, income statement, and net cash totals unaffected; company will not amend prior filings.
- Non-reliance determination made on March 12, 2024 after discussion with auditor FORVIS and audit committee.

## SEC filing metadata
- accession: 0001171200-24-000040
- form_type: 8-K
- ticker: CCBG
- cik: 0000726601
- company_name: CAPITAL CITY BANK GROUP INC
- filed_at: 2024-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/726601/000117120024000040/0001171200-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/726601/000117120024000040/i24108_ccbg-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171200-24-000040
- JSON: https://secwatch.observer/filing/0001171200-24-000040.json
- Plain text: https://secwatch.observer/filing/0001171200-24-000040.txt

## Key facts
- Auditor Changes
  CAPITAL CITY BANK GROUP INC reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: FORVIS, LLP
  source text: management, after discussion with the Company’s independent registered public accounting firm, FORVIS, LLP (“FORVIS”), and the Audit Committee of the Company’s Board of Directors, determined that the Impacted Statements of Cash Flows should no longer be relied upon due to the inaccuracies described above.
  evidence_url: https://www.sec.gov/Archives/edgar/data/726601/000117120024000040/0001171200-24-000040-index.htm

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