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

Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

LEASES (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Summary of lease expense and other information related to operating leases

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(Dollars in Thousands)	2020			2019			2020			2019
Operating lease expense	$	265		$	81		$	422		$	162
Short-term lease expense		154			29			233			63
Total lease expense	$	419		$	110		$	655		$	225

Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	263		$	84		$	424		$	169
Right-of-use assets obtained in exchange for new operating lease liabilities		-			-			5,120			1,860

Weighted-average remaining lease term — operating leases (in years)		15.5			7.2			15.5			7.2
Weighted-average discount rate — operating leases		2.4%			2.9%			2.4%			2.9%

Summary of maturity of remaining lease liabilities

The table below summarizes the maturity of remaining lease liabilities:

(Dollars in Thousands)	June 30, 2020
2020	$	609
2021		1,200
2022		1,052
2023		680
2024		630
2025 and thereafter		4,840
Total	$	9,011
Less: Interest		(1,624)
Present Value of Lease liability	$	7,387