Capital City Bank Group, Inc. (CCBG) reported financial results for the three and nine month periods ended September 30, 2026, in an earnings press release dated October 20, 2026. The company reported net income attributable to common shareholders of $16.9 million for the third quarter of 2026, which translates to $0.99 per diluted share. This represents an increase from the $16.3 million ($0.95 per diluted share) reported in the second quarter of 2026 and the $16.0 million ($0.93 per diluted share) reported in the third quarter of 2025.
Return on Assets (ROA) for the third quarter of 2026 was 1.53%, while Return on Equity (ROE) was 11.67%. Both metrics improved from the second quarter of 2026, where ROA was 1.48% and ROE was 11.38%. The company reported a tax-equivalent net interest income of $45.1 million for the third quarter, an increase of $0.9 million from the prior quarter. This increase was attributed to higher income from investment securities and loan interest income, lower deposit interest expense, and one additional calendar day in the third quarter. The net interest margin expanded by 7 basis points to 4.42%.
On the balance sheet, average loan balances decreased by $10.3 million, or 0.4%, during the third quarter. This decline was primarily driven by decreases in commercial real estate loans and residential real estate loans. Conversely, average investment securities increased by $10.5 million. The company also noted an improvement in credit quality, with total nonperforming assets decreasing by $3.7 million to $9.7 million, or 22 basis points of total assets, as of September 30, 2026.
Noninterest income for the third quarter totaled $19.4 million, a decrease of $1.2 million, or 5.9%, from the second quarter. This decline was driven by lower mortgage banking revenues and deposit fees. Noninterest expense decreased by $0.3 million, or 0.8%, primarily due to lower compensation expense. The company recorded a provision benefit for credit losses of $0.1 million for the third quarter, compared to a provision expense of $0.9 million in the second quarter.
