4
At March 31, 2025, our total risk-based capital ratio was 19.20% compared
to 18.64% at December 31, 2024 and 16.84% at March
31, 2024.
Our common equity tier 1 capital ratio was 16.08%, 15.54%, and 13.82%, respectively,
on these dates.
Our leverage ratio
was 11.17%, 11.05
%, and 10.45%, respectively,
on these dates.
At March 31, 2025, all our regulatory capital ratios exceeded the
thresholds to be designated as “well-capitalized” under the Basel III
capital standards.
Further, our tangible common equity ratio
(non-GAAP financial measure) was 9.61% at March 31, 2025 compared to 9.51% and
8.53% at December 31, 2024 and March 31,
2024, respectively.
If our unrealized held-to-maturity securities losses of $12.1
million (after-tax) were recognized in accumulated
other comprehensive loss, our adjusted tangible capital ratio would be
9.33%.
About Capital City Bank Group, Inc.
Capital City Bank Group, Inc. (NASDAQ: CCBG) is one of the largest
publicly traded financial holding companies headquartered
in Florida and has approximately $4.5
billion in assets.
We provide
a full range of banking services, including traditional deposit
and credit services, mortgage banking, asset management, trust, merchant
services, bankcards,
securities brokerage services and
financial advisory services, including the sale of life insurance, risk management
and asset protection services.
Our bank
subsidiary, Capital City Bank,
was founded in 1895 and now has 62 banking offices and 105 ATM
s/ITMs in Florida, Georgia and
Alabama.
For more information about Capital City Bank Group, Inc., visit www.ccbg.com
.
FORWARD
-LOOKING STATEMENTS
Forward-looking statements in this Press Release are based on current plans
and expectations that are subject to uncertainties and
risks, which could cause our future results to differ materially.
The words “may,” “could,” “should,”
“would,” “believe,”
“anticipate,” “estimate,” “expect,” “intend,” “plan,” “target,” “vision,”
“goal,” and similar expressions are intended to identify
forward-looking statements. The following factors, among others, could cause our actual
results to differ: the effects of and changes
in trade and monetary and fiscal policies and laws, including the interest rate policies of
the Federal Reserve Board; inflation,
interest rate, market and monetary fluctuations; local, regional, national, and international
economic conditions and the impact they
may have on us and our clients and our assessment of that impact; the costs and
effects of legal and regulatory developments, the
outcomes of legal proceedings or regulatory or other governmental inquiries,
the results of regulatory examinations or reviews and
the ability to obtain required regulatory approvals; the effect of
changes in laws and regulations (including laws and regulations
concerning taxes, banking, securities, and insurance) and their application
with which we and our subsidiaries must comply; the
effect of changes in accounting policies and practices, as may
be adopted by the regulatory agencies, as well as other accounting
standard setters; the accuracy of our financial statement estimates and assumptions;
changes in the financial performance and/or
condition of our borrowers; changes in the mix of loan geographies, sectors and
types or the level of non-performing assets and
charge-offs; changes in estimates of future credit
loss reserve requirements based upon the periodic review thereof under relevant
regulatory and accounting requirements; changes in our liquidity position;
the timely development and acceptance of new products
and services and perceived overall value of these products and services by users;
changes in consumer spending, borrowing, and
saving habits; greater than expected costs or difficulties related to the
integration of new products and lines of business;
technological changes; the cost and effects of cyber incidents or
other failures, interruptions, or security breaches of our
systems or
those of our customers or third-party providers; acquisitions and integration
of acquired businesses; impairment of our goodwill or
other intangible assets; changes in the reliability of our vendors, internal
control systems, or information systems; our ability to
increase market share and control expenses; our ability to attract and retain qualified
employees; changes in our organization,
compensation, and benefit plans; the soundness of other financial institutions;
volatility and disruption in national and international
financial and commodity markets; changes in the competitive environment
in our markets and among banking organizations and
other financial service providers; government intervention in the U.S. financial
system; the effects of natural disasters (including
hurricanes), widespread health emergencies (including pandemics),
military conflict, terrorism, civil unrest, climate change or other
geopolitical events; our ability to declare and pay dividends; structural changes
in the markets for origination, sale and servicing of
residential mortgages; any inability to implement and maintain effective
internal control over financial reporting and/or disclosure
control; negative publicity and the impact on our reputation; and the limited
trading activity and concentration of ownership of our
common stock. Additional factors can be found in our Annual Report on
Form 10-K for the fiscal year ended December 31, 2024
and our other filings with the SEC, which are available at the SEC’s
internet site (http://www.sec.gov).
Forward-looking statements
in this Press Release speak only as of the date of the Press Release, and we assume
no obligation to update forward-looking
statements or the reasons why actual results could differ,
except as may be required by law.