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

Annual report pursuant to Section 13 and 15(d)

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of amortized cost and related market value of investment securities available-for-sale

The amortized cost and related market value of investment securities at December 31 were as follows:

	2014								2013
	Amortized		Unrealized		Unrealized		Market			Amortized		Unrealized		Unrealized		Market
	Cost		Gains		Losses		Value			Cost		Gain		Losses		Value
Available for Sale
U.S. Government Treasury	$	185,830	$	220	$	19	$	186,031		$	71,791	$	82	$	40	$	71,833
U.S. Government Agency		95,950		289		142		96,097			75,275		127		256		75,146
States and Political
Subdivisions		48,405		65		82		48,388			91,605		167		19		91,753
Mortgage-Backed Securities		2,094		193				2,287			2,583		212				2,795
Equity Securities⁽¹⁾		8,745						8,745			9,893						9,893
Total	$	341,024	$	767	$	243	$	341,548		$	251,147	$	588	$	315	$	251,420

Held to Maturity
U.S. Government Treasury	$	76,179	$	144	$	6	$	76,317		$	43,533	$	84	$	38	$	43,579
U.S. Government Agency		19,807		29		19		19,817			15,794		38		22		15,810
States and Political
Subdivisions		26,717		36		6		26,747			33,216		53		4		33,265
Mortgage-Backed Securities		40,878		33		380		40,531			55,668		12		1,373		54,307
Total	$	163,581	$	242	$	411	$	163,412		$	148,211	$	187	$	1,437	$	146,961

Total Investment Securities	$	504,605	$	1,009	$	654	$	504,960		$	399,358	$	775	$	1,752	$	398,381

⁽¹⁾

Includes Federal Home Loan Bank and Federal Reserve Bank stock recorded at cost of $3.9 million and $4.8 million, respectively, at December 31, 2014 and $5.0 million and $4.8 million, respectively, at December 31, 2013.

Schedule of proceeds from sale and gross realized gains and losses from the securities

The total proceeds from the sale of investment securities and the gross realized gains and losses from the sale of such securities for each of the last three years are as follows:

(Dollars in Thousands)	Year	Total Proceeds		Gross Realized Gains		Gross Realized Losses
	2014	$		$		$
	2013		7,506		3
	2012	$	805	$		$

Schedule of investment securities with maturity distribution based on contractual maturities

As of December 31, 2014, the Companys investment securities had the following maturity distribution based on contractual maturity. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations. Mortgage-backed securities and certain amortizing U.S. government agency securities are shown separately since they are not due at a certain maturity date.

	Available for Sale				Held to Maturity
(Dollars in Thousands)	Amortized Cost		Market Value		Amortized Cost		Market Value
Due in one year or less	$	45,747	$	45,780	$	17,957	$	17,983
Due after one through five years		213,639		213,786		104,745		104,898
Mortgage-Backed Securities		2,094		2,287		40,879		40,531
U.S. Government Agency		70,799		70,950
Equity Securities		8,745		8,745
Total	$	341,024	$	341,548	$	163,581	$	163,412

Schedule of investment securities with continuous unrealized loss position

The following table summarizes the investment securities with unrealized losses at December 31, 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
2014
Available for Sale
U.S. Government Treasury	$	35,838	$	19	$		$		$	35,838	$	19
U.S. Government Agency		18,160		54		18,468		88		36,628		142
States and Political Subdivisions		16,497		77		505		5		17,002		82
Total		70,495		150		18,973		93		89,468		243

Held to Maturity
U.S. Government Treasury		15,046		6						15,046		6
U.S. Government Agency		10,002		19						10,002		19
States and Political Subdivisions		3,788		6						3,788		6
Mortgage-Backed Securities		15,066		149		18,155		231		33,221		380
Total	$	43,902	$	180	$	18,155	$	231	$	62,057	$	411

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

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details