Capital City Bank Group Inc. announced that Allan G. Bense has been elected to its board of directors. Bense was instated at the annual shareowners' meeting, held on April 23, 2013, at the Florida State University Turnbull Conference Center in Tallahassee, Fla. Bense is currently president and CEO of Bense Enterprises Inc. He is also chairman of the board of the James Madison Institute, chairman of the Bay Economic Alliance, a member of the Florida Council of 100 and a director of Gulf Power Company.

Capital City Bank Group Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net income of $839,000, or $0.05 per diluted share for the first quarter of 2013 compared to net loss of $1,162,000, or $0.07 per diluted share for the first quarter of 2012. Compared to the first quarter of 2012, the increase in earnings was due to a lower loan loss provision of $3,700,000 and lower noninterest expense of $1,400,000, which was partially offset by lower operating revenues of $1,700,000 and higher income tax expense of $1,400,000. The return on average assets was 0.13% and the return on average equity was 1.36% for the first quarter of 2013, compared to 0.29% and 2.95%, respectively, for the fourth quarter of 2012, and negative return on average assets of 0.18% and negative return on average equity of 1.84%, respectively, for the comparable quarter in 2012. Total interest income was $21,128,000 against $23,130,000 a year ago. Net interest income was $19,945,000 against $21,661,000 a year ago. Net interest income after provision for loan losses was $18,875,000 against $16,868,000 a year ago. Operating profit was $1,263,000 against operating loss of $2,143,000 a year ago. For the first quarter of 2013, the company reported net charge-offs for the first quarter of 2013 totaled $2,434,000, or 0.66% (annualized), of average loans compared to $3,821,000, or 1.00%, for the fourth quarter of 2012 and $4,611,000, or 1.16%, in the first quarter of 2012.

Capital City Bank Group Inc. Presents at 18th Annual Gulf South Bank Conference, May-14-2013 09:15 AM. Venue: The Ritz-Carlton Hotel, 921 Canal Street, New Orleans, LA 70112, United States. Speakers: J. Kimbrough Davis, Chief Financial Officer, Principal Accounting Officer, Executive Vice President, Corporate Secretary, Chief Financial Officer of Capital City Bank and Executive Vice President of Capital City Bank, William G. Smith, Chairman, Chief Executive Officer and President.