Capital City Bank Group, Inc. (CCBG): History, Ownership, Mission, How It Works & Makes Money

Ever wondered about the story behind Capital City Bank Group, Inc. (CCBG) and how it operates? Founded in 1895, this financial institution has grown to approximately $4.3 billion in assets as of March 2025, offering a full range of banking services with 63 banking offices and 104 ATMs/ITMs across Florida, Georgia, and Alabama.

With a strong foundation and a commitment to community, Capital City Bank Group reported a net income of $52.9 million, or $3.12 per diluted share, for the full year of 2024. Intrigued to learn more about its history, ownership structure, and how it continues to thrive in today's market? Keep reading to discover the key aspects of this enduring financial institution.

In 2024, Capital City Bank Group's tax-equivalent net interest income totaled $159.2 million, and the net interest margin expanded to 4.08%. How does Capital City Bank balance traditional values with modern financial strategies to maintain its strong performance?

Capital City Bank Group, Inc. (CCBG) History

Capital City Bank Group, Inc.'s Founding Timeline

Year established

Capital City Bank Group, Inc. was established in 1895.

Original location

The company was originally located in Tallahassee, Florida.

Founding team members

The founder of the company was Atticus Haywood, who opened the bank under the name 'The Capital City Bank'.

Initial capital/funding

The initial capital of The Capital City Bank was $15,000.

Capital City Bank Group, Inc.'s Evolution Milestones

Capital City Bank Group, Inc.'s Transformative Moments

• Expansion and Acquisitions: Capital City Bank Group strategically expanded its footprint through acquisitions of other community banks, increasing its market share and service areas across Florida, Georgia, and Alabama.
• Technological Adaptations: Embracing technological advancements in banking, such as online and mobile banking platforms, has been crucial in meeting evolving customer needs and enhancing service delivery.
• Response to Economic Conditions: Navigating various economic cycles, including recessions and periods of growth, has shaped the bank's risk management strategies and operational resilience.
• Community Engagement: A strong focus on community involvement and corporate social responsibility has helped build customer loyalty and enhance the bank's reputation.
• Leadership Transitions: Changes in leadership have brought new strategic directions and priorities, influencing the bank's culture and performance.

To gain a deeper understanding of the company's guiding principles, explore the Mission Statement, Vision, & Core Values of Capital City Bank Group, Inc. (CCBG).

Capital City Bank Group, Inc. (CCBG) Ownership Structure

Capital City Bank Group, Inc. operates with a mixed ownership structure, featuring a combination of institutional, insider, and retail investors, shaping its corporate governance.

Capital City Bank Group, Inc.'s Current Status

Capital City Bank Group, Inc. is a publicly traded company, meaning its shares are available for purchase by the general public on the open market. It is traded on the NASDAQ under the ticker symbol CCBG.

Capital City Bank Group, Inc.'s Ownership Breakdown

Capital City Bank Group, Inc.'s ownership is distributed among various types of shareholders. Here's a snapshot:

Capital City Bank Group, Inc.'s Leadership

The leadership team is instrumental in guiding the strategic direction and operational execution of Capital City Bank Group, Inc. Key figures include:

• William G. Smith, Jr. serves as the Chairman, President & Chief Executive Officer.
• J. Kimbrough Davis is the Chief Financial Officer & Executive Vice President.
• Ashley M. Bowman holds the position of Executive Vice President, General Counsel & Corporate Secretary.

For more insight into the values that guide the company, see Mission Statement, Vision, & Core Values of Capital City Bank Group, Inc. (CCBG).

Capital City Bank Group, Inc. (CCBG) Mission and Values

Capital City Bank Group, Inc. aims to increase shareholder value by remaining an independent community bank and providing excellent customer service. The company's values guide its operations and relationships with customers, employees, and communities.

Capital City Bank Group, Inc.'s Core Purpose

Official mission statement

Capital City Bank Group, Inc. does not have a formal, publicly declared mission statement. However, information regarding their objectives and values can be gathered from various sources such as investor presentations and their annual reports.

• Capital City Bank Group, Inc. aims to enhance shareholder value by operating as an independent community bank that delivers exceptional customer service.
• The bank focuses on serving the financial needs of its customers and communities, emphasizing a relationship-based approach to banking.

Vision statement

While Capital City Bank Group, Inc. doesn't explicitly publish a 'vision statement,' aspects of their long-term goals and aspirations can be inferred from their strategic objectives and public communications:

• To remain a strong, independent community bank.
• To deliver sustainable, long-term value to shareholders.
• To be recognized as a leader in customer service and community support within its markets.

Company slogan/tagline

Capital City Bank Group, Inc. does not have an official slogan or tagline. However, they emphasize local commitment and customer relationships.

For more in-depth insights into Capital City Bank Group, Inc.'s investors, explore this comprehensive profile: Exploring Capital City Bank Group, Inc. (CCBG) Investor Profile: Who’s Buying and Why?

Capital City Bank Group, Inc. (CCBG) How It Works

Capital City Bank Group, Inc. operates as a holding company for Capital City Bank, providing a range of financial services to individuals and businesses, primarily in Florida, Georgia, and Alabama.

Capital City Bank Group, Inc.’s Product/Service Portfolio

Capital City Bank Group, Inc.’s Operational Framework

Capital City Bank Group, Inc. (CCBG) generates revenue through several key operational activities:

• Net Interest Income: CCBG profits from the difference between the interest earned on loans and investments and the interest paid on deposits and borrowings. The bank's ability to manage interest rate risk and optimize its asset-liability mix is crucial for maintaining a healthy net interest margin.
• Fee Income: CCBG collects fees from various services, including deposit account fees, wealth management fees, mortgage servicing fees, and other transaction-based charges. Increasing fee income helps diversify revenue streams and improve overall profitability.
• Loan Origination and Servicing: The bank originates various types of loans, including commercial, residential, and consumer loans. Revenue is generated through interest income and fees associated with loan origination and servicing. Effective credit risk management and loan portfolio diversification are essential for maintaining asset quality.
• Investment Management: CCBG manages an investment portfolio that generates income through interest, dividends, and capital gains. Strategic asset allocation and active portfolio management contribute to investment income.
• Branch Network and Customer Relationships: CCBG operates a network of branch locations and focuses on building strong customer relationships. The branch network facilitates deposit gathering, loan origination, and the delivery of various financial services.

Capital City Bank Group, Inc.’s Strategic Advantages

• Strong Local Presence: With a focus on community banking, CCBG has deep roots in its primary markets of Florida, Georgia, and Alabama. This local presence allows for strong customer relationships and a better understanding of regional economic conditions.
• Diversified Financial Services: CCBG offers a broad range of financial services, including commercial banking, retail banking, wealth management, and mortgage services. This diversification reduces reliance on any single line of business and provides multiple avenues for revenue generation.
• Sound Risk Management: CCBG emphasizes prudent risk management practices, including credit risk management, interest rate risk management, and operational risk management. This focus on risk management helps protect the bank's assets and earnings.
• Experienced Management Team: CCBG has an experienced management team with a deep understanding of the banking industry and the company's markets. Effective leadership is crucial for navigating the challenges and opportunities in the financial services sector.

To gain more insights into the ownership and investor profile of Capital City Bank Group, explore: Exploring Capital City Bank Group, Inc. (CCBG) Investor Profile: Who’s Buying and Why?

Capital City Bank Group, Inc. (CCBG) How It Makes Money

Capital City Bank Group, Inc. primarily generates revenue through traditional banking activities, including interest income from loans and investments, as well as fees from various banking services.

Capital City Bank Group, Inc.'s Revenue Breakdown

Capital City Bank Group, Inc.'s Business Economics

Capital City Bank Group, Inc.'s business economics are influenced by several key factors:

• Interest Rate Spread: The difference between the interest earned on loans and the interest paid on deposits significantly impacts profitability. A wider spread typically leads to higher net interest income.
• Loan Portfolio Composition: The types of loans issued (e.g., commercial, residential, consumer) affect risk and return. Diversification across loan types can mitigate risk.
• Operating Efficiency: Managing operational costs, including salaries, technology, and real estate, is crucial for maintaining profitability.
• Regulatory Environment: Banking regulations influence capital requirements, lending practices, and compliance costs, all of which affect the bottom line.

Capital City Bank Group, Inc.'s Financial Performance

Key aspects of Capital City Bank Group, Inc.'s financial performance include:

• Net Interest Margin (NIM): Measures the difference between interest income and interest expense as a percentage of earning assets. A higher NIM indicates better profitability.
• Return on Assets (ROA): Indicates how efficiently the company is using its assets to generate earnings. A higher ROA is generally more favorable.
• Efficiency Ratio: Represents the percentage of revenue used to cover operating expenses. A lower efficiency ratio suggests better cost management.
• Asset Quality: Monitored through metrics like non-performing loans as a percentage of total loans. Lower levels of non-performing assets indicate a healthier loan portfolio.

To gain more insights into the ownership and investor profile of Capital City Bank Group, Inc., you might find this resource helpful: Exploring Capital City Bank Group, Inc. (CCBG) Investor Profile: Who’s Buying and Why?

Capital City Bank Group, Inc. (CCBG) Market Position & Future Outlook

Capital City Bank Group, Inc. navigates a competitive banking landscape while focusing on strategic growth initiatives to enhance its market position. The company aims to capitalize on emerging opportunities while managing potential risks to ensure sustained performance.

Competitive Landscape

Opportunities & Challenges

Industry Position

Capital City Bank Group, Inc. holds a significant position as a regional bank, primarily serving Florida, Georgia, and Alabama. Its strategy revolves around:

• Maintaining a strong focus on community banking.
• Providing personalized customer service.
• Leveraging technology to enhance operational efficiency.

For an in-depth look at the company's financial standing, check out: Breaking Down Capital City Bank Group, Inc. (CCBG) Financial Health: Key Insights for Investors