Capital City Bank Group Inc 2025年季度报告

FORM10-Q ☒QUARTERLY REPORTPURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the Quarterly Period EndedJune 30, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ____________ to ____________ Commission File Number:0-13358 Capital City Bank Group, Inc.(Exact name of Registrant as specified in its charter) 59-2273542 (I.R.S. Employer Identification No.) 32301(Zip Code) Securities registered pursuant to Section 12(b) of the Act Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon Stock, Par value $0.01CCBGNasdaq Stock Market, LLC Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.Yes[X] No [] Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files).Yes [X] No [] Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company,oran emerging growth company.See definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards pursuant to Section 13(a) of The Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes []No[X] At July 29, 2025,17,066,511shares of the Registrant’s Common Stock, $.01 par value, were outstanding. CAPITAL CITY BANKGROUP,INC.QUARTERLYREPORT ON FORM 10-QFOR THE PERIOD ENDED JUNE 30, 2025TABLE OF CONTENTS PART I –Financial Information Item 1.Consolidated Financial Statements (Unaudited)Consolidated Statements of Financial Condition – June 30, 2025 and December 31, 20245Consolidated Statements of Income – Three and Six Months Ended June 30, 2025 and 20246Consolidated Statements of Comprehensive Income (Loss) – Three and Six Months Ended June 30, 2025 and 20247Consolidated Statements of Changes in Shareowners’ Equity – Three and Six Months Ended June 30, 2025 and 20248Consolidated Statements of Cash Flows – Six Months Ended June 30, 2025 and 20249Notes to Consolidated Financial Statements10Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations32Item 3.Quantitative and Qualitative Disclosure About Market Risk49Item 4.Controls and Procedures49PART II –Other InformationItem 1.Legal Proceedings49Item 1A.Risk Factors49Item 2.Unregistered Sales of Equity Securities and Use of Proceeds49Item 3.Defaults Upon Senior Securities49Item 4.Mine Safety Disclosure49Item 5.Other Information49Item 6.Exhibits50Signatures51 INTRODUCTORY NOTESpecial Cautionary Notice Regarding Forward-Looking Statements This Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of the Private Securities Litigation ReformAct of 1995. These forward-looking statements include, among others, statements about our beliefs, plans, objectives, goals, expectations,estimates and intentions that are subject to significant risks and uncertainties and are subject to change based on various factors, many ofwhich are beyond our control.The words “may,” “could,” “should,” “would,” “believe,”“anticipate,” “contemplate,” “estimate,” “expect,”“intend,” “plan,” “point to,” “project,” “target,” “vision,” “goal,” “continue,” “further,”and similar expressions are intended to identifyforward-looking statements. All forward-looking statements, by their nature, are subject to risks and uncertainties.Our actual future results may differ materially fromthose set forth in our forward-looking statements. OurabilitytoachieveourfinancialobjectivescouldbeadverselyaffectedbythefactorsdiscussedindetailinPartII,Item1A.“RiskFactors” in this Quarterly Report on Form 10-Q and in Part I, Item 1A. “Risk Factors” in our Annual Report onForm 10-K for the year endedDecember 31,2024(the “2024Form 10-K”),as updatedin oursubsequentquarterly reportsfiled onForm 10-Q,as wellas,among otherfactors: ●The effects of and changes in trade and monetary and fiscal policies and laws, including the interest rate policies of the FederalReserve Board;●Inflation, interest rate, market and monetary fluctuations;●Local, regional, national, and international economic conditions and the impact they may have on