Capital City Bank Group (CCBG) investor relations material

Executive summary

• Net income attributable to common shareowners was $16.3 million ($0.95 per diluted share) for Q2 2026, up from $15.8 million ($0.92) in Q1 2026 and $15.0 million ($0.88) in Q2 2025.

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

• Management highlighted strong performance momentum and a continued focus on client service and risk management.

Financial highlights

• Tax-equivalent net interest income rose to $44.2 million in Q2 2026 from $42.9 million in Q1 2026 and $43.2 million in Q2 2025.

• Net interest margin increased to 4.35% in Q2 2026, up 11 basis points sequentially and 5 basis points year-over-year.

• 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 increased 3.1% sequentially to $42.6 million, mainly due to higher other and occupancy expenses.

• Efficiency ratio improved to 65.76% in Q2 2026 from 65.89% in Q1 2026 and 67.26% in Q2 2025.

Outlook and guidance

• Management expects modifications to deposit product offerings to reduce related fee revenues starting Q3 2026.

• Annual effective tax rate is projected to approximate 23.5% for 2026, absent discrete items or new tax credit investments.