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

Annual report pursuant to Section 13 and 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2023
Significant Accounting Policies [Abstract]
Schedule of Restatement Impacts	CAPITAL CITY BANK GROUP, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) As Restated (Dollars in Thousands) For Three Months Ended Mar 31, 2023 For Six Months Ended Jun 30, 2023 For Nine Months Ended Sept 30, 2023 CASH FLOWS FROM OPERATING ACTIVITIES Net Income Attributable to Common Shareowners $ 13,709 $ 27,883 $ 40,539 Adjustments to Reconcile Net Income to Provision for Credit Losses 3,099 5,296 7,689 Depreciation 1,969 3,927 5,920 Amortization of Premiums, Discounts, and Fees, net 1,067 2,117 3,216 Amortization of Intangible Assets 40 80 120 Pension Settlement Charge - (291) (291) Originations of Loans Held-for-Sale (62,745) (164,173) (246,198) Proceeds From Sales of Loans Held-for-Sale 64,050 152,657 247,166 Mortgage Banking Revenues (2,871) (6,234) (8,072) Net Additions for Capitalized Mortgage Servicing Rights (91) (253) (392) Stock Compensation 536 764 1,110 Deferred Income Taxes Benefit (1,170) (2,849) (2,464) Net Change in Operating Leases (3) (3) (12) Net Gain on Sales and Write-Downs of Other Real Estate Owned (1,858) (1,900) (1,915) Net (Increase) Decrease in Other Assets (4,349) 4,593 8,207 Net Increase in Other Liabilities 12,471 3,815 1,069 Net Cash Provided By Operating Activities 23,854 25,429 55,692 CASH FLOWS FROM INVESTING ACTIVITIES Securities Held to Maturity: Payments, Maturities, and Calls 8,820 18,992 28,159 Securities Available for Sale: Purchases (2,017) (4,634) (9,399) Proceeds from Sale of Securities - - 30,420 Payments, Maturities, and Calls 16,559 32,490 53,045 Purchase of loans held for investment (923) (1,463) (2,249) Net Increase in Loans Held for Investment (110,477) (138,244) (161,006) Proceeds From Sales of Other Real Estate Owned 2,699 3,772 3,840 Purchases of Premises and Equipment, net (1,886) (3,851) (5,459) Net Cash Used In Investing Activities (87,225) (92,938) (62,649) CASH FLOWS FROM FINANCING ACTIVITIES Net Decrease in Deposits (115,397) (150,451) (398,872) Net Decrease in Other Short-Term Borrowings (30,161) (6,120) (15,097) Repayment of Other Long-Term Borrowings (50) (99) (149) Dividends Paid (3,064) (6,121) (9,518) Payments to Repurchase Common Stock (819) (2,022) (3,121) Issuance of Common Stock Under Compensation Plans 164 480 562 Net Cash Provided By Financing Activities (149,327) (164,333) (426,195) NET DECREASE IN CASH AND CASH EQUIVALENTS (212,698) (231,842) (433,152) Cash and Cash Equivalents at Beginning of Period 600,650 600,650 600,650 Cash and Cash Equivalents at End of Period $ 387,952 $ 368,808 $ 167,498 Supplemental Cash Flow Disclosures: Interest Paid $ 3,723 $ 8,720 $ 15,026 Income Taxes Paid $ 7,466 $ 3,860 $ 7,395 Noncash Investing and Financing Activities: Loans and Premises Transferred to Other Real Estate Owned $ 423 $ 1,442 $ 1,495 CAPITAL CITY BANK GROUP, INC. CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) For the Three Months Ended March 31, 2022 (Dollars in Thousands) As Previously Reported Restatement Impact As Restated CASH FLOWS FROM OPERATING ACTIVITIES Net Income $ 6,938 $ - $ 6,938 Adjustments to Reconcile Net Income to Provision for Credit Losses 32 - 32 Depreciation 1,907 - 1,907 Amortization of Premiums, Discounts, and Fees, net 2,610 - 2,610 Amortization of Intangible Assets 40 - 40 Pension Settlement Charges 209 - 209 Originations of Loans Held for Sale (242,253) 64,320 (177,933) Proceeds From Sales of Loans Held for Sale 252,584 (64,320) 188,264 Mortgage Banking Revenues (4,055) - (4,055) Net Additions for Capitalized Mortgage Servicing Rights 364 - 364 Stock Compensation 245 - 245 Net Tax Benefit from Stock Compensation (19) - (19) Deferred Income Taxes Benefit (6,682) - (6,682) Net Change in Operating Leases (27) - (27) Net Decrease in Other Assets 1,897 - 1,897 Net Increase in Other Liabilities 7,036 - 7,036 Net Cash Provided By Operating Activities 20,826 - 20,826 CASH FLOWS FROM INVESTING ACTIVITIES Securities Held to Maturity: Purchases (194,448) - (194,448) Payments, Maturities, and Calls 14,441 - 14,441 Securities Available for Sale: Purchases (25,139) - (25,139) Proceeds from the Sale of Securities 3,365 - 3,365 Payments, Maturities, and Calls 24,824 - 24,824 Purchases of Loans Held for Investment (26,713) 26,332 (381) Net Decrease in Loans Held for Investment (31,260) (26,332) (57,592) Purchases of Premises and Equipment, net (1,013) - (1,013) Noncontrolling Interest Contributions 1,838 - 1,838 Net Cash Used In Investing Activities (234,105) - (234,105) CASH FLOWS FROM FINANCING ACTIVITIES Net Increase in Deposits 52,645 - 52,645 Net Decrease in Other Short-Term Borrowings (3,692) - (3,692) Repayment of Other Long-Term Borrowings (78) - (78) Dividends Paid (2,712) - (2,712) Issuance of Common Stock Under Compensation Plans 190 - 190 Net Cash Provided By Financing Activities 46,353 - 46,353 NET DECREASE IN CASH AND CASH EQUIVALENTS (166,926) - (166,926) Cash and Cash Equivalents at Beginning of Period 1,035,354 - 1,035,354 Cash and Cash Equivalents at End of Period $ 868,428 $ - $ 868,428 Supplemental Cash Flow Disclosures: Interest Paid $ 715 $ - $ 715 Income Taxes Paid $ 20 $ - $ 20 The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.