CAPITAL CITY BANK GROUP INC

Regulatory Filings • Feb 15, 2008

8-K 1 form8k.htm FORM 8K 2-15-08 form8k.htm Licensed to: Capital City Bank Group Document Created using EDGARizer 4.0.4.0 Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

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FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 15, 2008

CAPITAL CITY BANK GROUP, INC.

(Exact name of registrant as specified in its charter)

Florida	0-13358	59-2273542
(State
of Incorporation)	(Commission
File Number)	(IRS
Employer Identification No.)
217
North Monroe Street, Tallahassee, Florida		32301
(Address
of principal executive offices)		(Zip
Code)

Registrant's telephone number, including area code: (850) 402-7000

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(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

CAPITAL CITY BANK GROUP, INC.

FORM 8-K

CURRENT REPORT

Item 7.01. Regulation FD Disclosure.

Capital City Bank Group, Inc. (the "Company") has been actively pursuing its long-term strategic plan, Project 2011, which set an aggressive goal of achieving $50 million in annual earnings for the Company by 2011. While on track to achieve its goal through 2006, due to recent changes in financial market conditions and the unknown duration of the current economic cycle, both of which are outside of the Company's control, the Company now anticipates that it will not, by 2011, be able to achieve the Project 2011 goal. The Company will be replacing Project 2011 with new internal goals that are appropriate for the current market environment.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

/s/
J.
Kimbrough Davis,
Executive
Vice President
and
Chief Financial Officer