Capital City Bank Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of amortized cost and related market value of investment securities available-for-sale

Investment Portfolio Composition. The amortized cost and related market value of investment securities available-for-sale were as follows:

	March 31, 2015								December 31, 2014
	Amortized Cost		Unrealized Gains		Unrealized Losses		Market Value		Amortized Cost		Unrealized Gain		Unrealized Losses		Market Value
Available for Sale
U.S. Government Treasury	$	239,708	$	1,238	$	2	$	240,944	$	185,830	$	220	$	19	$	186,031
U.S. Government Agency		108,202		380		130		108,452		95,950		289		142		96,097
States and Political Subdivisions		44,481		64		77		44,468		48,405		65		82		48,388
Mortgage-Backed Securities		2,041		197				2,238		2,094		193				2,287
Equity Securities⁽¹⁾		8,785						8,785		8,745						8,745
Total	$	403,217	$	1,879	$	209	$	404,887	$	341,024	$	767	$	243	$	341,548

Held to Maturity
U.S. Government Treasury	$	109,325	$	567	$	1	$	109,891	$	76,179	$	144	$	6	$	76,317
U.S. Government Agency		15,092		45				15,137		19,807		29		19		19,817
States and Political Subdivisions		21,379		32		2		21,409		26,717		36		6		26,747
Mortgage-Backed Securities		37,693		32		239		37,486		40,878		33		380		40,531
Total	$	183,489	$	676	$	242	$	183,923	$	163,581	$	242	$	411	$	163,412

Total Investment Securities	$	586,706	$	2,555	$	451	$	588,810	$	504,605	$	1,009	$	654	$	504,960

⁽¹⁾

Includes Federal Home Loan Bank, Federal Reserve Bank, and Bankers Bank stock recorded at cost of $3.7 million, $4.8 million, and $0.3 million, respectively, at March 31, 2015 and $3.9 million, $4.8 million, and $0.1million, respectively, at December 31, 2014.

Schedule of investment securities with maturity distribution based on contractual maturities

Maturity Distribution. As of March 31, 2015, the Companys investment securities had the following maturity distribution based on contractual maturity. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations. Mortgage-backed securities and certain amortizing U.S. government agency securities are shown separately because they are not due at a certain maturity date.

	Available for Sale				Held to Maturity
(Dollars in Thousands)	Amortized Cost		Market Value		Amortized Cost		Market Value
Due in one year or less	$	45,960	$	46,025	$	15,854	$	15,873
Due after one through five years		270,816		272,048		129,942		130,564
Mortgage-Backed Securities		2,041		2,238		37,693		37,486
U.S. Government Agency		75,615		75,791
Equity Securities		8,785		8,785
Total	$	403,217	$	404,887	$	183,489	$	183,923

Schedule of investment securities with continuous unrealized loss position

Unrealized Losses on Investment Securities. The following table summarizes the investment securities with unrealized losses aggregated by major security type and length of time in a continuous unrealized loss position:

	Less Than 12 Months				Greater Than 12 Months				Total
(Dollars in Thousands)	Market Value		Unrealized Losses		Market Value		Unrealized Losses		Market Value		Unrealized Losses
March 31, 2015
Available for Sale
U.S. Government Treasury	$	16,911	$	2	$		$		$	16,911	$	2
U.S. Government Agency		16,554		50		17,559		80		34,113		130
States and Political Subdivisions		19,882		75		503		2		20,385		77
Mortgage-Backed Securities		36								36
Total		53,383		127		18,062		82		71,445		209

Held to Maturity
U.S. Government Treasury		4,975		1						4,975		1
States and Political Subdivisions		1,393		2		155				1,548		2
Mortgage-Backed Securities		13,456		97		16,777		142		30,233		239
Total	$	19,824	$	100	$	16,932	$	142	$	36,756	$	242

December 31, 2014
Available for Sale
U.S. Government Treasury	$	35,838	$	19	$		$		$	35,838	$	19
U.S. Government Agency		18,160		54		18,468		88		36,628		142
States and Political Subdivisions		16,497		77		505		5		17,002		82
Total		70,495		150		18,973		93		89,468		243

Held to Maturity
U.S. Government Treasury		15,046		6						15,046		6
U.S. Government Agency		10,002		19						10,002		19
States and Political Subdivisions		3,788		6						3,788		6
Mortgage-Backed Securities		15,066		149		18,155		231		33,221		380
Total	$	43,902	$	180	$	18,155	$	231	$	62,057	$	411

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details