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

Quarterly report pursuant to Section 13 or 15(d)

LOANS, NET (Tables)

LOANS, NET (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of composition of the loan portfolio

Loan Portfolio Composition. The composition of the loan portfolio was as follows:

(Dollars in Thousands)	March 31, 2016		December 31, 2015
Commercial, Financial and Agricultural	$	183,681	$	179,816
Real Estate Construction		42,537		46,484
Real Estate Commercial Mortgage		503,259		499,813
Real Estate Residential⁽¹⁾		296,070		290,585
Real Estate Home Equity		234,128		233,901
Consumer		247,160		241,676
Loans, Net of Unearned Income	$	1,506,835	$	1,492,275

⁽¹⁾

Includes loans in process with outstanding balances of $10.9 million and $8.5 million at March 31, 2016 and December 31, 2015, respectively.

Schedule of recorded investment in nonaccrual loans and loans past due over 90 days and still on accrual by class of loans

The following table presents the recorded investment in nonaccrual loans and loans past due over 90 days and still on accrual by class of loans.

	March 31, 2016			December 31, 2015
(Dollars in Thousands)	Nonaccrual		90 + Days	Nonaccrual		90 + Days
Commercial, Financial and Agricultural	$	83		$	96
Real Estate Construction					97
Real Estate Commercial Mortgage		3,942			4,191
Real Estate Residential		3,490			4,739
Real Estate Home Equity		1,323			1,017
Consumer		211			165
Total Nonaccrual Loans	$	9,049		$	10,305

Schedule of aging of past due loans by class of loans

The following table presents the aging of the recorded investment in past due loans by class of loans.

(Dollars in Thousands)	30-59 DPD		60-89 DPD		90 + DPD	Total Past Due		Total Current		Total Loans
March 31, 2016
Commercial, Financial and Agricultural	$	335	$		$	$	335	$	183,263	$	183,681
Real Estate Construction		383					383		42,154		42,537
Real Estate Commercial Mortgage		464		122			586		498,731		503,259
Real Estate Residential		732		149			881		291,699		296,070
Real Estate Home Equity		475		121			596		232,209		234,128
Consumer		622		196			818		246,131		247,160
Total Past Due Loans	$	3,011	$	588	$	$	3,599	$	1,494,187	$	1,506,835

December 31, 2015
Commercial, Financial and Agricultural	$	153	$	18	$	$	171	$	179,549	$	179,816
Real Estate Construction		690					690		45,697		46,484
Real Estate Commercial Mortgage		754		1,229			1,983		493,639		499,813
Real Estate Residential		567		347			914		284,932		290,585
Real Estate Home Equity		787		97			884		232,000		233,901
Consumer		735		398			1,133		240,378		241,676
Total Past Due Loans	$	3,686	$	2,089	$	$	5,775	$	1,476,195	$	1,492,275

Schedule of activity in the allowance for loan losses by portfolio class

The following table details the activity in the allowance for loan losses by portfolio class. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.

(Dollars in Thousands)	Commercial, Financial, Agricultural			Real Estate Construction			Real Estate Commercial Mortgage			Real Estate Residential			Real Estate Home Equity			Consumer			Total
Three Months Ended
March 31, 2016
Beginning Balance	$	905		$	101		$	4,498		$	4,409		$	2,473		$	1,567		$	13,953
Provision for Loan Losses		(24	)					44			(30	)		118			344			452
Charge-Offs		(37	)					(274	)		(478	)		(215	)		(439	)		(1,443	)
Recoveries		39						81			236			59			236			651
Net Charge-Offs		2						(193	)		(242	)		(156	)		(203	)		(792	)
Ending Balance	$	883		$	101		$	4,349		$	4,137		$	2,435		$	1,708		$	13,613

Three Months Ended
March 31, 2015
Beginning Balance	$	784		$	843		$	5,287		$	6,520		$	2,882		$	1,223		$	17,539
Provision for Loan Losses		354			(269	)		88			(68	)		(177	)		365			293
Charge-Offs		(290	)					(904	)		(305	)		(182	)		(576	)		(2,257	)
Recoveries		55						30			48			24			358			515
Net Charge-Offs		(235	)					(874	)		(257	)		(158	)		(218	)		(1,742	)
Ending Balance	$	903		$	574		$	4,501		$	6,195		$	2,547		$	1,370		$	16,090

Schedule of allowance for loan losses by portfolio class and disaggregated on the basis of the impairment methodology

The following table details the amount of the allowance for loan losses by portfolio class disaggregated on the basis of the Companys impairment methodology.

(Dollars in Thousands)	Commercial, Financial, Agricultural		Real Estate Construction		Real Estate Commercial Mortgage		Real Estate Residential		Real Estate Home Equity		Consumer		Total
March 31, 2016
Period-end amount Allocated to:
Loans Individually Evaluated for Impairment	$	72	$		$	1,936	$	1,954	$	389	$	4	$	4,355
Loans Collectively Evaluated for Impairment		811		101		2,413		2,183		2,046		1,704		9,258
Ending Balance	$	883	$	101	$	4,349	$	4,137	$	2,435	$	1,708	$	13,613

December 31, 2015
Period-end amount Allocated to:
Loans Individually Evaluated for Impairment	$	77	$		$	2,049	$	2,118	$	384	$	18	$	4,646
Loans Collectively Evaluated for Impairment		828		101		2,449		2,291		2,089		1,549		9,307
Ending Balance	$	905	$	101	$	4,498	$	4,409	$	2,473	$	1,567	$	13,953

March 31, 2015
Period-end amount Allocated to:
Loans Individually Evaluated for Impairment	$	334	$		$	2,349	$	2,294	$	557	$	15	$	5,549
Loans Collectively Evaluated for Impairment		569		574		2,152		3,901		1,990		1,355		10,541
Ending Balance	$	903	$	574	$	4,501	$	6,195	$	2,547	$	1,370	$	16,090

Schedule of allowance for loan losses by portfolio class

The Companys recorded investment in loans related to each balance in the allowance for loan losses by portfolio class and disaggregated on the basis of the Companys impairment methodology was as follows:

Dollars in Thousands)	Commercial, Financial, Agricultural		Real Estate Construction		Real Estate Commercial Mortgage		Real Estate Residential		Real Estate Home Equity		Consumer		Total
March 31, 2016
Individually Evaluated for Impairment	$	812	$		$	20,798	$	18,221	$	3,211	$	206	$	43,248
Collectively Evaluated for Impairment		182,869		42,537		482,461		277,849		230,917		246,954		1,463,587
Total	$	183,681	$	42,537	$	503,259	$	296,070	$	234,128	$	247,160	$	1,506,835

December 31, 2015
Individually Evaluated for Impairment	$	834	$	97	$	20,847	$	18,569	$	3,144	$	261	$	43,752
Collectively Evaluated for Impairment		178,982		46,387		478,966		272,016		230,757		241,415		1,448,523
Total	$	179,816	$	46,484	$	499,813	$	290,585	$	233,901	$	241,676	$	1,492,275

March 31, 2015
Individually Evaluated for Impairment	$	1,252	$	401	$	31,213	$	19,840	$	3,123	$	197	$	56,026
Collectively Evaluated for Impairment		142,699		41,194		476,468		276,884		225,048		233,135		1,395,428
Total	$	143,951	$	41,595	$	507,681	$	296,724	$	228,171	$	233,332	$	1,451,454

Schedule of loans individually evaluated for impairment by class of loans

The following table presents loans individually evaluated for impairment by class of loans.

(Dollars in Thousands)	Unpaid Principal Balance		Recorded Investment With No Allowance		Recorded Investment With Allowance		Related Allowance
March 31, 2016
Commercial, Financial and Agricultural	$	812	$	273	$	539	$	72
Real Estate Construction
Real Estate Commercial Mortgage		20,798		4,108		16,690		1,936
Real Estate Residential		18,221		2,816		15,405		1,954
Real Estate Home Equity		3,211		840		2,371		389
Consumer		206		105		101		4
Total	$	43,248	$	8,142	$	35,106	$	4,355

December 31, 2015
Commercial, Financial and Agricultural	$	834	$	279	$	555	$	77
Real Estate Construction		97		97
Real Estate Commercial Mortgage		20,847		3,265		17,582		2,049
Real Estate Residential		18,569		2,941		15,628		2,118
Real Estate Home Equity		3,144		1,101		2,043		384
Consumer		261		79		182		18
Total	$	43,752	$	7,762	$	35,990	$	4,646

Schedule of Average recorded investment and interest income recognized by class of impaired loans

The following table summarizes the average recorded investment and interest income recognized by class of impaired loans.

	For Three Months Ended March 31,
	2016				2015
(Dollars in Thousands)	Average Recorded Investment		Total Interest Income		Average Recorded Investment		Total Interest Income
Commercial, Financial and Agricultural	$	823	$	13	$	1,252	$	11
Real Estate - Construction		49				401
Real Estate - Commercial Mortgage		20,822		239		31,213		261
Real Estate - Residential		18,395		209		19,840		197
Real Estate - Home Equity		3,178		27		3,123		21
Consumer		234		2		196		2
Total	$	43,501	$	490	$	56,025	$	492

Schedule of risk category of loans by segment

The following table presents the risk category of loans by segment.

(Dollars in Thousands)	Commercial, Financial, Agriculture		Real Estate		Consumer		Total Criticized Loans
March 31, 2016
Special Mention	$	2,567	$	28,361	$	47	$	30,975
Substandard		1,145		47,956		679		49,780
Doubtful
Total Criticized Loans	$	3,712	$	76,317	$	726	$	80,755

December 31, 2015
Special Mention	$	5,938	$	27,838	$	69	$	33,845
Substandard		1,307		51,425		819		53,551
Doubtful
Total Criticized Loans	$	7,245	$	79,263	$	888	$	87,396

Schedule of troubled debt restructurings loans

The following table presents loans classified as TDRs.

	March 31, 2016				December 31, 2015
(Dollars in Thousands)	Accruing		Nonaccruing		Accruing		Nonaccruing
Commercial, Financial and Agricultural	$	878	$		$	897	$
Real Estate Construction
Real Estate Commercial Mortgage		16,943		799		16,621		1,070
Real Estate Residential		15,885		1,214		14,979		1,582
Real Estate Home Equity		2,790				2,914
Consumer		204				223		35
Total TDRs	$	36,700	$	2,013	$	35,634	$	2,687

Schedule of loans classified as TDRs

Loans classified as TDRs during the periods indicated are presented in the table below. The modifications made during the reporting period involved either an extension of the loan term, a reduction in the interest rate, or a combination thereof. The financial impact of these modifications was not material.

	Three Months Ended March 31, 2016						Three Months Ended March 31, 2015
(Dollars in Thousands)	Number of Contracts		Pre-Modified Recorded Investment		Post-Modified Recorded Investment		Number of Contracts		Pre-Modified Recorded Investment		Post-Modified Recorded Investment
Commercial, Financial and Agricultural			$		$				$		$
Real Estate - Construction
Real Estate - Commercial Mortgage		1		332		332		1		457		457
Real Estate - Residential		5		499		500		4		464		437
Real Estate - Home Equity		4		188		189
Consumer
Total TDRs		10	$	1,019	$	1,021		5	$	921	$	894

Schedule of loans modified as TDRs within the previous 12 months and subsequently defaulted

The following table provides information on TDR defaults for loans that had been modified within the previous 12 months for the periods indicated.

	Three Months Ended March 31, 2016				Three Months Ended March 31, 2015
(Dollars in Thousands)	Number of Contracts		Recorded Investment⁽¹⁾		Number of Contracts	Recorded Investment⁽¹⁾
Commercial, Financial and Agricultural			$			$
Real Estate - Construction
Real Estate - Commercial Mortgage
Real Estate - Residential
Real Estate - Home Equity		1		3
Consumer		1		35
Total TDRs		2	$	38		$

Schedule of loans modified as TDRs information

The following table provides information on how TDRs were modified during the periods indicated.

	Three Months Ended March 31, 2016				Three Months Ended March 31, 2015
(Dollars in Thousands)	Number of Contracts		Recorded Investment⁽¹⁾		Number of Contracts		Recorded Investment⁽¹⁾
Extended amortization			$			1	$	118
Interest rate adjustment						1		156
Extended amortization and interest rate adjustment		10		1,021		3		620
Other
Total TDRs		10	$	1,021		5	$	894

⁽¹⁾ Recorded investment reflects charge-offs and additional funds advanced at time of restructure, if applicable.