secwatch.observer — SEC 8-K summary
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Issuer:     CAPITAL CITY BANK GROUP INC (CCBG)
CIK:        0000726601
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0001171200-24-000040
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726601/000117120024000040/0001171200-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726601/000117120024000040/i24108_ccbg-8k.htm
  HTML page:      https://secwatch.observer/filing/0001171200-24-000040

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