Capital City Bank Group Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported total interest income of $23,912,000 against $26,831,000 a year ago. Net interest income was $22,397,000 against $24,358,000 a year ago. Net interest income after provision for loan losses was $14,797,000 against $20,575,000 a year ago. Operating loss was $2,433,000 against operating income of $1,770,000 a year ago. Net loss was $535,000 or $0.03 per basic and diluted share against $1,918,000 or $0.12 per basic and diluted share a year ago. Negative return on average equity was 0.80% against return on average equity of 2.90% a year ago. Negative return on average assets was 0.08% against return on average assets of 0.30% a year ago. Book value per diluted share was $14.68 against $15.15 a year ago. Tangible book value per diluted share was $9.70 against $10.11 a year ago. For the year, the company reported total interest income of $99,459,000 against $110,495,000 a year ago. Net interest income was $91,922,000 against $97,533,000 a year ago. Net interest income after provision for loan losses was $72,926,000 against $73,709,000 a year ago. Operating profit was $5,526,000 against operating loss of $3,382,000 a year ago. Net income was $4,897,000 or $0.29 per basic and diluted share against net loss of $413,000 or $0.02 per basic and diluted share a year ago. Return on average equity was 1.86% against return on average equity negative of 0.16% a year ago. Return on average assets was 0.19% against negative return on average assets of 0.02% a year ago. Net charge-offs for the fourth quarter of 2011 totaled was $6.2 million, or 1.50% of average loans, compared to $5.1 million, or 1.22%, in the third quarter of 2011, and $6.1 million, or 1.35%, in the fourth quarter of 2010.