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

PARENT COMPANY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2012

(Dollars in Thousands, Except Per Share Data)	2012			2011
ASSETS
Cash and Due From Subsidiary Bank	$	7,061		$	6,269
Investment in Subsidiary Bank		309,114			313,372
Other Assets		3,435			3,016
Total Assets	$	319,610		$	322,657

LIABILITIES
Subordinated Notes Payable	$	62,887		$	62,887
Other Liabilities		9,834			7,828
Total Liabilities		72,721			70,715

SHAREOWNERS EQUITY
Preferred Stock, $.01 par value, 3,000,000 shares authorized; no shares issued and outstanding
Common Stock, $.01 par value; 90,000,000 shares authorized; 17,232,380 and 17,160,274 shares issued and outstanding at December 31, 2012 and December 31, 2011, respectively		172			172
Additional Paid-In Capital		38,707			37,838
Retained Earnings		237,569			237,461
Accumulated Other Comprehensive Loss, Net of Tax		(29,559	)		(23,529	)
Total Shareowners' Equity		246,889			251,942
Total Liabilities and Shareowners Equity	$	319,610		$	322,657

(Dollars in Thousands)	2012			2011			2010
OPERATING INCOME
Income Received from Subsidiary Bank:
Dividends	$			$			$
Overhead Fees		4,536			3,364			3,059
Other Income		130			48			74
Total Operating Income		4,666			3,412			3,133

OPERATING EXPENSE
Salaries and Associate Benefits		2,059			1,974			1,359
Interest on Subordinated Notes Payable		1,477			1,380			2,008
Professional Fees		1,781			1,251			1,185
Advertising		140			135			96
Legal Fees		332			249			226
Other		478			440			623
Total Operating Expense		6,267			5,429			5,497
Loss Before Income Taxes and Equity in Undistributed Earnings of Subsidiary Bank		(1,601	)		(2,017	)		(2,364	)
Income Tax Benefit		(10	)		(666	)		(771	)
Loss Before Equity in Undistributed Earnings of Subsidiary Bank		(1,591	)		(1,351	)		(1,593	)
Equity in Undistributed Earnings of Subsidiary Bank		1,699			6,248			1,180
Net Income (Loss)	$	108		$	4,897		$	(413	)

(Dollars in Thousands)	2012			2011			2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss)	$	108		$	4,897		$	(413	)
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Equity in Undistributed Earnings of Subsidiary Bank		(1,699	)		(6,248	)		(1,180	)
Stock-Based Compensation		262
Increase in Other Assets		(491	)		(324	)		(97	)
Increase (Decrease) in Other Liabilities		2,005			1,181			(203	)
Net Cash Provided By (Used In) Operating Activities		185			(494	)		(1,893	)

CASH FROM FINANCING ACTIVITIES:
Payment of Dividends					(5,142	)		(8,368	)
Issuance of Common Stock		607			919			822
Net Cash Provided By (Used In) in Financing Activities		607			(4,223	)		(7,546	)

Net Increase (Decrease) in Cash		792			(4,717	)		(9,439	)
Cash at Beginning of Year		6,269			10,986			20,425
Cash at End of Year	$	7,061		$	6,269		$	10,986