Profits up 57% at Capital City Group in Fla.

TALLAHASSEE, Fla. -- Capital City Bank Group Inc. reported earnings of $2.3 million for the first quarter.

The results for the $750 million-asset bank holding company, which included gains of $340,000 from the sale of foreclosed real estate, were 57.5% better than the $1.5 million earned in the first quarter of 1993.

Earnings per share in the most recent quarter climbed to 82 cents from 51 cents in the 1993 first quarter.

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