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

Annual report pursuant to Section 13 and 15(d)

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2023	Jun. 28, 2024	Jun. 30, 2023
Document And Entity Information
Document Type	10-K/A
Document Annual Report	true
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Document Transition Report	false
Commission file number	0-13358
Entity Registrant Name	Capital City Bank Group, Inc.
Entity's state or country of incorporation	FL
Employer Identification Number	59-2273542
Entity Address Address Line1	217 North Monroe Street
Entity Address City Or Town	Tallahassee
Entity Address State Or Province	FL
Entity Address Postal Zip Code	32301
City area code	850
Local phone number	402-7821
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	CCBG
Name of the Exchange	NASDAQ
Entity a Well-known Seasoned Issuer	No
Entity's Reporting Status Current	No
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Icfr Auditor Attestation Flag	true
Document Fin Stmt Error Correction Flag	true
Document Fin Stmt Restatement Recovery Analysis Flag	true
Entity Public Float			$ 400,209,385
Entity Common Stock, Shares Outstanding		16,941,553
Documents incorporated by reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of our Proxy Statement for the Annual Meeting of Shareowners held on April 23, 2024, are incorporated by reference in Part III.
Amendment Flag	true
Entity a Voluntary Filer	No
Entity Central Index Key	0000726601
Auditor	686
Auditor name	Forvis Mazars, LLP
Auditor location	Little Rock, Arkansas
Amendment Description	EXPLANATORY NOTE Capital City Bank Group, Inc. (the “Company”) is filing this Amendment No. 1 on Form 10-K/A (the “Amendment” or “Form 10-K/A”) to amend and restate certain items in its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, originally filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 13, 2024 (the “Original Form 10-K”). Except as described below, no other information included in the Original Form 10-K is being amended or updated by this Amendment and this Amendment does not purport to reflect any information or events subsequent to the filing of the Original Form 10-K. Restatement Background As previously disclosed in the Company’s Current Report on Form 8-K filed with the SEC on May 13, 2024, in preparation of its financial statements for the first quarter of 2024, the Company identified changes needed in preparing its consolidated financial statements, specifically its Consolidated Statement of Cash Flows related to certain construction/permanent loan sales. As a result, as further discussed below, the Company’s Consolidated Statements of Cash Flows for the following periods (collectively, the “Impacted Statements of Cash Flows”) should no longer be relied upon: (1) years ended December 31, 2023, 2022, and 2021, (2) the three-month periods ended March 31, 2023 and 2022, (3) the six-month periods ended June 30, 2023 and 2022, and (4) the nine-month periods ended September 30, 2023 and 2022. Company management, after consultation and discussion with the Audit Committee of the Board of Directors of the Company and the Company’s independent registered public accounting firm, Forvis Mazars, LLP, determined that the Impacted Statements of Cash Flows should no longer be relied upon. The Company has not filed and does not intend to file amendments to the Company’s previously filed Quarterly Reports on Form 10-Q containing any of the Impacted Statements of Cash Flow or the Company’s Annual Reports on Form 10-K for the years ended December 31, 2022 and 2021. This Form 10-K/A contains restatements of the Impacted Statements of Cash Flows. Accordingly, investors and others should rely on the financial information and other disclosures regarding the affected period as disclosed in this Form 10-K/A and in the Company’s future filings with the SEC (as applicable). For additional information, see “Part II – Item 8. Financial Statements and Supplementary – Note 1 – Restatement of Previously Issued Consolidated Financial Statements” in this Form 10-K/A. This Form 10-K/A also amends and restates the following items included in the Original Form 10-K as appropriate to reflect the restatement and revision of the relevant items: Cover Page; Item 8. Financial Statements and Supplementary Data; Item 9A. Controls and Procedures: Part III, Items 10 through 14; and Item 15. Exhibits and Financial Statement Schedules. In accordance with Rule 12b-15 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Company is also including with this Form 10-K/A currently dated certifications of the Company’s Chief Executive Officer and Chief Financial Officer (attached as Exhibits 31.1, 31.2, 32.1, and 32.2). This Form 10-K/A also contains a modified report from Forvis Mazars on the consolidated financial statements for years ended December 31, 2023, 2022 and 2021, a modified Forvis Mazars opinion on the effectiveness of the Company’s internal control over financial reporting as of December 31, 2023, 2022 and 2021, and a new consent of Forvis Mazars (attached as Exhibit 23.1). The Company is also filing this Amendment to check the box on the cover page of this Amendment following “Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).” The Company has conducted such analysis and has determined that the previously mentioned changes affecting the Impacted Statements of Cash Flows does not impact related performance metrics used for executive management’s compensation, and therefore that no recovery of incentive-based compensation was required. For additional information, see “Part III – Item 11. Executive Compensation” in this Form 10-K/A. Except as discussed above and as further described herein, the Company has not modified or updated the disclosures presented in the Original Form 10-K. Accordingly, this Form 10-K/A does not reflect events occurring after the filing of the Original Form 10-K or modify or update those disclosures affected by any such subsequent events. Information not affected by the restatements reflects disclosures made at the time of the filing of the Original Form 10-K. Forward-looking statements included in this Form 10-K/A represent management’s views as of the date of the Original Form 10-K and should not be assumed to be accurate as of any date thereafter. This Form 10-K/A should be read in conjunction with the Company’s filings made with the SEC subsequent to the filing of the Original Form 10-K, including any amendment to those filings.