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, 2016

Investments, Debt and Equity Securities [Abstract]

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

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

	March 31, 2016								December 31, 2015
	Amortized Cost		Unrealized Gains		Unrealized Losses		Market Value		Amortized Cost		Unrealized Gain		Unrealized Losses		Market Value
Available for Sale
U.S. Government Treasury	$	257,978	$	1,083	$	1	$	259,060	$	250,458	$	101	$	213	$	250,346
U.S. Government Agency		103,802		530		125		104,207		101,730		357		263		101,824
States and Political Subdivisions		88,556		321		12		88,865		88,358		103		99		88,362
Mortgage-Backed Securities		1,429		134				1,563		1,742		159				1,901
Equity Securities⁽¹⁾		8,749						8,749		8,595						8,595
Total	$	460,514	$	2,068	$	138	$	462,444	$	450,883	$	720	$	575	$	451,028

Held to Maturity
U.S. Government Treasury	$	139,501	$	596	$		$	140,097	$	134,554	$	45	$	160	$	134,439
U.S. Government Agency		10,026		13				10,039		10,043		7		5		10,045
States and Political Subdivisions		12,495		81		1		12,575		15,693		38		7		15,724
Mortgage-Backed Securities		25,057		76		195		24,938		27,602		4		407		27,199
Total	$	187,079	$	766	$	196	$	187,649	$	187,892	$	94	$	579	$	187,407

Total Investment Securities	$	647,593	$	2,834	$	334	$	650,093	$	638,775	$	814	$	1,154	$	638,435

⁽¹⁾

Includes Federal Home Loan Bank, Federal Reserve Bank, and FNBB Inc. stock recorded at cost of $3.7 million, $4.8 million, and $0.2 million, respectively, at March 31, 2016 and $3.6 million, $4.8 million, and $0.2 million, respectively, at December 31, 2015.

Schedule of investment securities with maturity distribution based on contractual maturities

Maturity Distribution. As of March 31, 2016, 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 because 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	$	91,208	$	91,254	$	70,534	$	70,630
Due after one through five years		289,626		291,096		91,488		92,081
Mortgage-Backed Securities		1,429		1,563		25,057		24,938
U.S. Government Agency		69,502		69,782
Equity Securities		8,749		8,749
Total	$	460,514	$	462,444	$	187,079	$	187,649

Schedule of investment securities with continuous unrealized loss position

Unrealized Losses on Investment Securities. The following table summarizes the investment securities with unrealized losses 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, 2016
Available for Sale
U.S. Government Treasury	$	7,497	$	1	$		$		$	7,497	$	1
U.S. Government Agency		15,142		60		12,362		65		27,504		125
States and Political Subdivisions		10,733		11		305		1		11,038		12
Mortgage-Backed Securities		4								4
Total		33,376		72		12,667		66		46,043		138

Held to Maturity
U.S. Government Agencies		1,913								1,913
States and Political Subdivisions		1,724		1						1,724		1
Mortgage-Backed Securities		4,032		19		11,630		176		15,662		195
Total	$	7,669	$	20	$	11,630	$	176	$	19,299	$	196

December 31, 2015
Available for Sale
U.S. Government Treasury	$	150,061	$	213	$		$		$	150,061	$	213
U.S. Government Agency		43,508		200		9,644		63		53,152		263
States and Political Subdivisions		39,608		86		5,066		13		44,674		99
Total		233,177		499		14,710		76		247,887		575

Held to Maturity
U.S. Government Treasury		92,339		160						92,339		160
U.S. Government Agency		5,006		5						5,006		5
States and Political Subdivisions		3,791		7						3,791		7
Mortgage-Backed Securities		13,267		185		11,889		222		25,156		407
Total	$	114,403	$	357	$	11,889	$	222	$	126,292	$	579

- 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