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

Quarterly report pursuant to Section 13 or 15(d)

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)

3 Months Ended

Mar. 31, 2014

Investments, Debt and Equity Securities [Abstract]

Amortized cost and related market value of investment securities

Investment Portfolio Composition. The amortized cost and related market value of investment securities available-for-sale were as follows:

	March 31, 2014								December 31, 2013
	Amortized Cost		Unrealized Gains		Unrealized Losses		Market Value		Amortized Cost		Unrealized Gain		Unrealized Losses		Market Value
Available for Sale
U.S. Treasury	$	64,258	$	50	$	22	$	64,286	$	71,791	$	82	$	40	$	71,833
U.S. Government Agency		80,102		160		265		79,997		75,275		127		256		75,146
States and Political Subdivisions		73,632		147		15		73,764		91,605		167		19		91,753
Mortgage-Backed Securities		2,509		213				2,722		2,583		212				2,795
Other Securities⁽¹⁾		8,846						8,846		9,893						9,893
Total		229,347	$	570	$	302	$	229,615	$	251,147	$	588	$	315	$	251,420

Held to Maturity
U.S. Treasury	$	71,417	$	88	$	87	$	71,418	$	43,533	$	84	$	38	$	43,579
U.S. Government Agency		33,854		47		48		33,853		15,794		38		22		15,810
States and Political Subdivisions		34,410		63		14		34,459		33,216		53		4		33,265
Mortgage-Backed Securities		51,964		12		722		51,254		55,668		12		1,373		54,307
Other Securities
Total	$	191,645	$	210	$	871	$	190,984	$	148,211	$	187	$	1,437	$	146,961

⁽¹⁾

Includes Federal Home Loan Bank and Federal Reserve Bank stock recorded at cost of $4.0 million and $4.8 million, respectively, at March 31, 2014 and $5.0 million and $4.8 million, respectively, at December 31, 2013.

Maturity Distribution

	Available for Sale				Held to Maturity
(Dollars in Thousands)	Amortized Cost		Market Value		Amortized Cost		Market Value
Due in one year or less	$	96,559	$	96,670	$	15,374	$	15,392
Due after one through five years		56,260		56,327		124,307		124,338
No Maturity		8,846		8,846
U.S. Government Agency		65,173		65,050
Mortgage-Backed Securities		2,509		2,722		51,964		51,254
Total	$	229,347	$	229,615	$	191,645	$	190,984

Investment securities with unrealized losses

Unrealized Losses on Investment Securities. The following table summarizes the investment securities with unrealized losses at March 31, 2014, aggregated by major security type and length of time in a continuous unrealized loss position:

	Less Than 12 Months				Greater Than 12 Months				Total
(Dollars in Thousands)	Market Value		Unrealized Losses		Market Value		Unrealized Losses		Market Value		Unrealized Losses
March 31, 2014
Available for Sale
U.S. Government Treasury	$	19,952	$	22	$		$		$	19,952	$	22
U.S. Government Agency		31,184		223		6,133		42		37,317		265
States and Political Subdivisions		529				1,258		15		1,787		15
Total	$	51,665	$	245	$	7,391	$	57	$	59,056	$	302

Held to Maturity
U.S. Government Treasury		39,968		88						39,968		88
U.S. Government Agency		23,178		48						23,178		48
States and Political Subdivisions		4.637		14						4.637		14
Mortgage-Backed Securities		40,969		721						40,969		721
Total	$	108,752	$	871	$		$		$	108,752	$	871

December 31, 2013
Available for Sale
U.S. Government Treasury	$	24,924	$	40	$		$		$	24,924	$	40
U.S. Government Agency		40,944		235		4,842		21		45,786		256
States and Political Subdivisions		4,101		7		511		12		4,612		19
Total	$	69,969	$	282	$	5,353	$	33	$	75,322	$	315

Held to Maturity
U.S. Government Treasury		10,054		38						10,054		38
U.S. Government Agency		5,676		22						5,676		22
States and Political Subdivisions		3,316		4						3,316		4
Mortgage-Backed Securities		44,031		1,373						44,031		1,373
Total	$	63,077	$	1,437	$		$		$	63,077	$	1,437