Capital City Bank Group (CCBG) investor relations material

Executive summary

• Achieved strong year-over-year growth in tangible book value per share (up 11%), earnings (up 8%), and dividends per share (up 13%) as of June 30, 2026 compared to June 30, 2025.

• Net income for Q2 2026 was $16.3 million ($0.95 per diluted share), up from $15.0 million ($0.88 per share) in Q2 2025; six-month net income was $32.1 million, flat year-over-year.

• Return on Assets was 1.48% and Return on Equity was 11.38% for Q2 2026, both slightly higher than the prior quarter.

• Maintained a stable, deposit-driven franchise with a diversified loan portfolio and strong presence in high-growth Florida and Georgia markets.

• Recognized for exceptional service and workplace culture, earning top rankings from Forbes, Newsweek, and American Banker.

Financial highlights

• Net interest income (tax-equivalent) for Q2 2026 was $44.2 million, up from $43.2 million in Q2 2025; net interest margin increased to 4.35%.

• Noninterest income was $20.6 million, up 3.3% from Q1 2026 and 2.9% from Q2 2025, driven by mortgage banking and bank card fees.

• Noninterest expense for Q2 2026 was $42.6 million, up 0.2% year-over-year, with higher occupancy and other expenses offset by lower compensation.

• Efficiency ratio improved to 65.76% in Q2 2026 from 67.26% in Q2 2025.

• Tangible book value per diluted share increased to $28.07 at June 30, 2026.

Outlook and guidance

• Management remains focused on client service, prudent risk management, and leveraging growth opportunities in the second half of 2026.

• Deposit fee income expected to decline in Q3 2026 due to product updates.

• Annual effective tax rate projected at approximately 23.5% for 2026, barring discrete items.

• Capital expenditures of ~$10 million planned over the next 12 months, funded with existing resources.