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

PARENT COMPANY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2013

(Dollars in Thousands, Except Per Share Data)	2013			2012
ASSETS
Cash and Due From Subsidiary Bank	$	6,209		$	7,061
Investment in Subsidiary Bank		337,809			309,114
Other Assets		3,347			3,435
Total Assets	$	347,365		$	319,610

LIABILITIES
Subordinated Notes Payable	$	62,887		$	62,887
Other Liabilities		8,078			9,834
Total Liabilities		70,965			72,721

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; 17,360,960 and 17,232,380 shares issued and outstanding at December 31, 2013 and December 31, 2012, respectively		174			172
Additional Paid-In Capital		41,152			38,707
Retained Earnings		243,614			237,569
Accumulated Other Comprehensive Loss, Net of Tax		(8,540	)		(29,559	)
Total Shareowners' Equity		276,400			246,889
Total Liabilities and Shareowners Equity	$	347,365		$	319,610

(Dollars in Thousands)	2013			2012			2011
OPERATING INCOME
Income Received from Subsidiary Bank:
Overhead Fees	$	4,417		$	4,536		$	3,364
Other Income		208			130			48
Total Operating Income		4,625			4,666			3,412

OPERATING EXPENSE
Salaries and Associate Benefits		3,130			2,059			1,974
Interest on Subordinated Notes Payable		1,419			1,477			1,380
Professional Fees		1,491			1,781			1,251
Advertising		142			140			135
Legal Fees		245			332			249
Other		1,117			478			440
Total Operating Expense		7,544			6,267			5,429
Loss Before Income Taxes and Equity in Undistributed Earnings of Subsidiary Bank		(2,919	)		(1,601	)		(2,017	)
Income Tax Benefit		(1,036	)		(10	)		(666	)
Loss Before Equity in Undistributed Earnings of Subsidiary Bank		(1,883	)		(1,591	)		(1,351	)
Equity in Undistributed Earnings of Subsidiary Bank		7,928			1,699			6,248
Net Income	$	6,045		$	108		$	4,897

(Dollars in Thousands)	2013			2012			2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$	6,045		$	108		$	4,897
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:
Equity in Undistributed Earnings of Subsidiary Bank		(7,928	)		(1,699	)		(6,248	)
Stock-Based Compensation		1,296			262
Decrease (Increase) in Other Assets		339			(491	)		(324	)
(Decrease) Increase in Other Liabilities		(1,755	)		2,005			1,181
Net Cash (Used In) Provided by Operating Activities		(2,003	)		185			(494	)

CASH FROM FINANCING ACTIVITIES:
Payment of Dividends								(5,142	)
Issuance of Common Stock		1,151			607			919
Net Cash Provided By (Used In) in Financing Activities		1,151			607			(4,223	)

Net (Decrease) Increase in Cash		(852	)		792			(4,717	)
Cash at Beginning of Year		7,061			6,269			10,986
Cash at End of Year	$	6,209		$	7,061		$	6,269