Capital City Bank Group Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company's net interest income was $19.794 million against $19.019 million a year ago. Operating profit was $4.222 million against $3.140 million a year ago. Net income was $2.602 million or $0.16 per diluted share against $1.921 million or $0.11 per diluted share a year ago. Return on average assets was 0.39% against 0.30% a year ago. Return on average equity was 3.74% against 2.66% a year ago. The increase in earnings was due to a $0.8 million increase in net interest income, a $0.1 million decrease in the loan loss provision, and higher noninterest income of $0.2 million, partially offset by higher income taxes of $0.4 million. Total interest income was $20.602 million against $19.871 million a year ago. Net interest income after provision for loan losses was $19.281 million against $18.396 million a year ago. book value per diluted share was $15.93 against $15.53 a year ago. Tangible book value per diluted share was $11.00 against $10.70 a year ago.

For the year, the company's net interest income was $76.351 million against $74.641 million a year ago. Operating profit was $13.575 million against $10.914 million a year ago. Net income was $9.116 million or $0.53 per diluted share against $9.260 million or $0.53 per diluted share a year ago. Return on average assets was 0.34% against 0.36% a year ago. Return on average equity was 3.31% against 3.27% a year ago. For the full year 2015, the decrease in earnings was attributable to higher noninterest expense of $0.9 million and income taxes of $2.8 million, partially offset by a $1.7 million increase in net interest income, higher noninterest income of $1.5 million, and a lower loan loss provision of $0.3 million. Total interest income was $79.658 million against $78.221 million a year ago. Net interest income after provision for loan losses was $74.757 million against $72.736 million a year ago.

For the fourth quarter of 2015, the company's net charge-offs totaled $1.3 million against $2.177 million a year ago.