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

Annual report pursuant to Section 13 and 15(d)

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)

12 Months Ended

Dec. 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 at December 31 were as follows:

	2015								2014
	Amortized		Unrealized		Unrealized		Market		Amortized		Unrealized		Unrealized		Market
	Cost		Gains		Losses		Value		Cost		Gain		Losses		Value
Available for Sale
U.S. Government Treasury	$	250,458	$	101	$	213	$	250,346	$	185,830	$	220	$	19	$	186,031
U.S. Government Agency		101,730		357		263		101,824		95,950		289		142		96,097
States and Political Subdivisions		88,358		103		99		88,362		48,405		65		82		48,388
Mortgage-Backed Securities		1,742		159				1,901		2,094		193				2,287
Equity Securities⁽¹⁾		8,595						8,595		8,745						8,745
Total	$	450,883	$	720	$	575	$	451,028	$	341,024	$	767	$	243	$	341,548

Held to Maturity
U.S. Government Treasury	$	134,554	$	45	$	160	$	134,439	$	76,179	$	144	$	6	$	76,317
U.S. Government Agency		10,043		7		5		10,045		19,807		29		19		19,817
States and Political Subdivisions		15,693		38		7		15,724		26,717		36		6		26,747
Mortgage-Backed Securities		27,602		4		407		27,199		40,878		33		380		40,531
Total	$	187,892	$	94	$	579	$	187,407	$	163,581	$	242	$	411	$	163,412

Total Investment Securities	$	638,775	$	814	$	1,154	$	638,435	$	504,605	$	1,009	$	654	$	504,960

⁽¹⁾

Includes Federal Home Loan Bank, Federal Reserve Bank and FNBB Inc. stock recorded at cost of $3.6 million and $4.8 and $0.2 million, respectively, at December 31, 2015 and Federal Home Loan Bank and Federal Reserve Bank stock at $3.9 million and $4.8 million, respectively, at December 31, 2014.

Schedule of proceeds from sale and gross realized gains and losses from the securities

Investment Sales. The total proceeds from the sale of investment securities and the gross realized gains and losses from the sale of such securities for each of the last three years are as follows:

(Dollars in Thousands)	Year	Total Proceeds		Gross Realized Gains		Gross Realized Losses
	2015	$		$		$
	2014
	2013	$	7,506	$	3	$

Schedule of investment securities with maturity distribution based on contractual maturities

Maturity Distribution. As of December 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 since 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	$	90,331	$	90,261	$	44,267	$	44,270
Due after one through five years		280,264		280,116		116,023		115,938
Mortgage-Backed Securities		1,742		1,901		27,602		27,199
U.S. Government Agency		69,951		70,155
Equity Securities		8,595		8,595
Total	$	450,883	$	451,028	$	187,892	$	187,407

Schedule of investment securities with continuous unrealized loss position

Other Than Temporarily Impaired Securities. The following table summarizes the investment securities with unrealized losses at December 31, 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
2015
Available for Sale
U.S. Government Treasury	$	150,061	$	213	$		$		$	150,061	$	213
U.S. Government Agency		43,508		200		9,644		63		53,152		263
States and Political Subdivisions		39,608		86		5,066		13		44,674		99
Total		233,177		499		14,710		76		247,887		575

Held to Maturity
U.S. Government Treasury		92,339		160						92,339		160
U.S. Government Agency		5,006		5						5,006		5
States and Political Subdivisions		3,791		7						3,791		7
Mortgage-Backed Securities		13,267		185		11,889		222		25,156		407
Total	$	114,403	$	357	$	11,889	$	222	$	126,292	$	579

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