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

Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

LEASES (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Summary of lease expense and other information related to operating leases

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
(Dollars in Thousands)	2020			2019			2020			2019
Operating lease expense	$	273		$	81		$	695		$	243
Short-term lease expense		145			27			378			90
Total lease expense	$	418		$	108		$	1,073		$	333

Other information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	271		$	85		$	695		$	254
Right-of-use assets obtained in exchange for new operating lease liabilities		85			13			5,206			1,794

Weighted average remaining lease term — operating leases (in years)		15.4			7.0			15.4			7.0
Weighted average discount rate — operating leases		2.3%			2.9%			2.3%			2.9%

Summary of maturity of remaining lease liabilities

The table below summarizes the maturity of remaining lease liabilities:

(Dollars in Thousands)	September 30, 2020
2020	$	317
2021		1,275
2022		1,116
2023		718
2024		666
2025 and thereafter		5,272
Total	$	9,364
Less: Interest		(2,161)
Present Value of Lease liability	$	7,203