Capital City Bank Group, Inc. (CCBG)

Capital City Bank Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	164.93	152.25	106.44	96.56	94.75
Interest Income on Investments	29.72	28.82	25.47	9.79	11.45
Total Interest Income	194.66	181.07	131.91	106.35	106.2
Interest Paid on Deposits	32.16	17.58	3.44	0.84	1.55
Interest Paid on Borrowings	3.56	4.5	3.44	2.65	3.32
Total Interest Expense	35.72	22.08	6.89	3.49	4.87
Net Interest Income	158.94	158.99	125.02	102.86	101.33
Net Interest Income Growth (YoY)	-0.03%	27.17%	21.54%	1.51%	-1.95%
Trust Income	19.11	16.34	18.06	13.69	11.04
Mortgage Banking Activities	14.34	10.4	11.91	52.43	63.34
Other Non-Interest Income	21.17	23.55	23.09	22.55	18.99
Total Non-Interest Income	75.98	71.61	75.18	107.55	111.17
Non-Interest Income Growth (YoY)	6.10%	-4.75%	-30.09%	-3.26%	109.54%
Revenues Before Loan Losses	234.91	230.6	200.2	210.41	212.49
Provision for Loan Losses	4.03	9.71	7.49	-1.55	9.65
Revenue	230.88	220.88	192.71	211.96	202.85
Revenue Growth (YoY)	4.53%	14.62%	-9.08%	4.49%	31.40%
Salaries and Employee Benefits	100.72	91.59	89.22	99.87	94.58
Occupancy Expenses	27.98	14.63	13.39	13.05	12.15
Selling, General & Administrative	-	18.58	16.69	15.16	15.21
Other Non-Interest Expense	36.61	32.23	32.33	34.42	27.96
Total Non-Interest Expense	165.32	157.02	151.63	162.51	149.9
EBT Excluding Unusual Items	65.57	63.86	41.08	49.45	52.95
Other Unusual Items	-	-	-	-	-0.06
Pretax Income	65.57	63.86	41.08	49.45	52.88
Income Tax Expense	13.92	13.04	7.8	9.84	10.23
Earnings From Continuing Operations	51.64	50.82	33.28	39.62	42.65
Minority Interest in Earnings	1.27	1.44	0.14	-6.22	-11.08
Net Income	52.92	52.26	33.41	33.4	31.58
Net Income to Common	52.92	52.26	33.41	33.4	31.58
Net Income Growth	1.26%	56.40%	0.05%	5.76%	2.50%
Basic Shares Outstanding	17	17	17	17	17
Diluted Shares Outstanding	17	17	17	17	17
Shares Change (YoY)	-0.32%	0.22%	0.54%	0.42%	-0.03%
EPS (Basic)	3.12	3.08	1.97	1.98	1.88
EPS (Diluted)	3.12	3.07	1.97	1.98	1.88
EPS Growth	1.63%	55.84%	-0.51%	5.32%	2.73%
Dividend Per Share	0.880	0.760	0.660	0.620	0.570
Dividend Growth	15.79%	15.15%	6.45%	8.77%	18.75%
Effective Tax Rate	21.24%	20.42%	18.98%	19.89%	19.34%

Source: S&P Capital IQ. Banks template. Financial Sources.