Capital City Bank Group(CCBG) - 2024 Q2 - Quarterly Results

Average earning assets totaled $3.935 billion for the second quarter of 2024, an increase of$ 85.7 million, or 2.2%, over the first quarter of 2024, and an increase of $111.3 million, or 2.9%, over the fourth quarter of 2023. The variance for both prior period comparisons was driven by an increase in deposit balances (see below – Deposits), resulting in higher levels of overnight funds sold. Compared to the fourth quarter of 2023, the change in the earning asset mix reflect ed a$ 162.7 million increase in o ...