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)

6 Months Ended

Jun. 30, 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:

	June 30, 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	$	114,457	$	212	$	2	$	114,667	$	71,791	$	82	$	40	$	71,833
U.S. Government Agency		89,049		217		264		89,002		75,275		127		256		75,146
States and Political Subdivisions		59,858		138		13		59,983		91,605		167		19		91,753
Mortgage-Backed Securities		2,448		237				2,685		2,583		212				2,795
Other Securities⁽¹⁾		8,745						8,745		9,893						9,893
Total		274,557	$	804	$	279	$	275,082	$	251,147	$	588	$	315	$	251,420

Held to Maturity
U.S. Treasury	$	71,357	$	204	$		$	71,561	$	43,533	$	84	$	38	$	43,579
U.S. Government Agency		27,838		55		17		27,876		15,794		38		22		15,810
States and Political Subdivisions		32,945		78		3		33,020		33,216		53		4		33,265
Mortgage-Backed Securities		48,253		27		419		47,861		55,668		12		1,373		54,307
Other Securities
Total	$	180,393	$	364	$	439	$	180,318	$	148,211	$	187	$	1,437	$	146,961

⁽¹⁾

Includes Federal Home Loan Bank and Federal Reserve Bank stock recorded at cost of $3.9 million and $4.8 million, respectively, at June 30, 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	$	76,160	$	76,263	$	18,839	$	18,859
Due after one through five years		117,319		117,564		113,301		113,598
No Maturity		8,745		8,745
U.S. Government Agency		69,885		69,825
Mortgage-Backed Securities		2,448		2,685		48,253		47,861
Total	$	274,557	$	275,082	$	180,393	$	180,318

Investment securities with unrealized losses

Unrealized Losses on Investment Securities. The following table summarizes the investment securities with unrealized losses at June 30, 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
June 30, 2014
Available for Sale
U.S. Government Treasury	$	14,916	$	2	$		$		$	14,916	$	2
U.S. Government Agency		24,074		166		13,379		98		37,453		264
States and Political Subdivisions		1,071		4		1,255		9		2,326		13
Total	$	40,061	$	172	$	14,634	$	107	$	54,695	$	279

Held to Maturity
U.S. Government Treasury	$	5,031	$		$		$		$	5,031	$
U.S. Government Agency		8,013		17						8,013		17
States and Political Subdivisions		4,044		3						4,044		3
Mortgage-Backed Securities		34,154		363		3,470		56		37,624		419
Total	$	51,242	$	383	$	3,470	$	56	$	54,712	$	439

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