Annual report [Section 13 and 15(d), not S-K Item 405]

SUBSEQUENT EVENT

v3.25.0.1
SUBSEQUENT EVENT
12 Months Ended
Dec. 31, 2024
Subsequent Event [Abstract]  
SUBSEQUENT EVENT
Note 25
 
SUBSEQUENT EVENT
On January 1, 2025, CCB completed its acquisition from BMG of the remaining
49
% membership interest in CCHL, and CCHL
became a wholly owned subsidiary of CCB (See Note 1 – Significant Accounting
 
Policies). CCHL has been consolidated into
CCBG’s financial statements since
 
March 1, 2020. In accordance with the Assignment of Membership
 
Interests, dated November
15, 2024, CCB paid $
4.5
 
million on January 13, 2025 as part of the purchase price. BMG may earn additional
 
payments for the
three-year
 
period (2025-2027) in the form of annual earnout payments in accordance with CCHL’s
 
operating agreement.