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Dec 31, 2019
Capital City Bank Q4 2019 Earnings Report
Capital City Bank reported a strong fourth quarter and solid full year performance.
Key Takeaways
Capital City Bank Group, Inc. reported net income of $8.6 million, or $0.51 per diluted share for Q4 2019, compared to $8.5 million, or $0.50 per diluted share for Q3 2019, and $8.5 million, or $0.50 per diluted share for Q4 2018. For the full year 2019, net income totaled $30.8 million, or $1.83 per diluted share, compared to net income of $26.2 million, or $1.54 per diluted share for 2018.
Operating revenues held firm despite third and fourth quarter Fed rate reductions, highlighting revenue diversification and core deposit franchise.
Average loans increased $9 million, or 0.5% sequentially.
Loan loss provision decreased $1.0 million sequentially.
Entered into a definitive agreement to acquire 51% ownership in Brand Mortgage, LLC
Capital City Bank
Capital City Bank
Capital City Bank Revenue by Segment
Revenue by Segment
Deposit Fees Revenue
CapyFin.comBank Card Fees Revenue
CapyFin.comWealth Management Fees Revenue
CapyFin.comMortgage Banking Revenues Revenue
CapyFin.comOther Noninterest Income Revenue
CapyFin.com Forward Guidance
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.