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CAPITAL CITY BANK GROUP REPORTS RESULTS

 TALLAHASSEE, Fla., May 21 /PRNewswire/ -- Capital City Bank Group, Inc., a multi-bank holding company headquartered in Tallahassee, reported first quarter earnings of $.51 per share, reflecting a $.17 per share charge to earnings to account for the cumulative effect of adopting a change in accounting for income taxes. The company announced a mid-year dividend of $.10 per share to shareholders of record June 18, 1993. The dividend is payable July 1, 1993. Earnings for the same period in 1992 were $.70 per share.
 The corporation owns and operates the following Florida banks: First National Bank, City National Bank, Second National Bank, and industrial National Bank in Tallahassee, Havana State Bank in Havana, Gadsden National Bank in Quincy, First National Bank of Jefferson County in Monticello, Levy County State Bank in Chiefland, Farmers and Merchants Bank of Trenton in Trenton, and Branford State Bank in Branford.
 -0- 5/21/93
 /CONTACT: J. Kimbrough Davis, chief financial officer of Capital City Bank Group, 904-224-1171/


CO: Capital City Bank Group, Inc. ST: Florida IN: FIN SU: ERN

JB-AW -- FL004 -- 1191 05/21/93 12:02 EDT
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Publication:PR Newswire
Date:May 21, 1993
Words:183
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