<SEC-DOCUMENT>0000726601-19-000018.txt : 20190627
<SEC-HEADER>0000726601-19-000018.hdr.sgml : 20190627
<ACCEPTANCE-DATETIME>20190627140834
ACCESSION NUMBER:		0000726601-19-000018
CONFORMED SUBMISSION TYPE:	11-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181231
FILED AS OF DATE:		20190627
DATE AS OF CHANGE:		20190627

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAPITAL CITY BANK GROUP INC
		CENTRAL INDEX KEY:			0000726601
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				592273542
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		11-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-13358
		FILM NUMBER:		19924511

	BUSINESS ADDRESS:	
		STREET 1:		217 N MONROE ST
		CITY:			TALLAHASSEE
		STATE:			FL
		ZIP:			32301
		BUSINESS PHONE:		8506710300

	MAIL ADDRESS:	
		STREET 1:		PO BOX 11248
		CITY:			TALLAHASSEE
		STATE:			FL
		ZIP:			32302-3248
</SEC-HEADER>
<DOCUMENT>
<TYPE>11-K
<SEQUENCE>1
<FILENAME>401k.htm
<DESCRIPTION>FORM 11-K
<TEXT>

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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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<p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:normal;">UNITED STATES</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:normal;">SECURITIES AND
EXCHANGE COMMISSION</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:normal;">WASHINGTON,
D.C.&nbsp;&nbsp;20549</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
&nbsp;</font></u></b></font></p>

<p align=center style="border:none;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:1.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:normal;">FORM 11-K</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:normal;">ANNUAL REPORT
PURSUANT TO SECTION 15(d) </font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:normal;">OF THE SECURITIES
EXCHANGE ACT OF 1934</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">____________________________</font></u></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:3.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:1.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>

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<table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr style="page-break-inside:avoid;">
  <td colspan=2 nowrap valign=top width=100% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">(Mark One)</font></font></p>
  </td>
 </tr>
<tr style="page-break-inside:avoid;">
  <td nowrap valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>
  </td>
 <td valign=top width=97% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>
  </td>
 </tr>
<tr style="page-break-inside:avoid;">
  <td nowrap valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">[X]&nbsp;</font></font></p>
  </td>
 <td valign=top width=97% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;ANNUAL REPORT PURSUANT TO
  SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</font></b></font></p>
  </td>
 </tr>
<tr style="page-break-inside:avoid;">
  <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>
  </td>
 <td valign=top width=97% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;For the fiscal year ended
  December 31, 2018</font></font></p>
  </td>
 </tr>
<tr style="page-break-inside:avoid;">
  <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>
  </td>
 <td valign=top width=97% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>
  </td>
 </tr>
<tr style="page-break-inside:avoid;">
  <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>
  </td>
 <td valign=top width=97% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;OR&nbsp;</font></b></font></p>
  </td>
 </tr>
<tr style="page-break-inside:avoid;">
  <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>
  </td>
 <td valign=top width=97% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>
  </td>
 </tr>
<tr style="page-break-inside:avoid;">
  <td nowrap valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">[ ]&nbsp;&nbsp;</font></font></p>
  </td>
 <td nowrap valign=top width=97% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;text-transform:uppercase;">&#160;Transition&nbsp;</font></b></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;"> </font><b><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">REPORT
  PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934&nbsp;&nbsp;</font></b></font></p>
  </td>
 </tr>
<tr style="page-break-inside:avoid;">
  <td valign=top width=3% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>
  </td>
 <td valign=top width=97% style="padding:0in 0in 0in 0in;">
  <p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" style="font-size:10.0pt;line-height:normal;">&#160;For the transition period
  from ____________ to ____________</font></font></p>
  </td>
 </tr>
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<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">Commission file number </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">0-13358&nbsp;</font></u></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">A. Full title of the plan
and the address of the plan, if different from that of the issuer named below:</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><u><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:normal;">CAPITAL CITY BANK
GROUP, INC. 401(k) Plan</font></u></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">(Exact name of the plan)</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">B. Name of issuer of the
securities held pursuant to the plan and the address of its principal executive
office:</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">Capital City Bank
Group, Inc.</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">217 North Monroe Street</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;line-height:normal;">Tallahassee, Florida 32301</font></font></p>

<font face="Times New Roman,serif" style="border:none;">
&nbsp;</font>

<p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>


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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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<p align=center style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">REQUIRED INFORMATION</font></b></font></p>

<p align=center style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:.5in;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The following financial
statements shall be furnished for the plan:</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-indent:.5in;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Capital City Bank Group, Inc. 401(k) Plan
(&#8220;Plan&#8221;) is subject to the Employee Retirement Income Security Act of 1974 (&#8220;ERISA&#8221;).&nbsp;&nbsp;Therefore,
in lieu of the requirements of items 1-3 of Form 11-K, the financial statements
and schedule of the Plan for the two years ended December 31, 2018 and 2017
have been prepared in accordance with the financial reporting requirements of
ERISA.</font></font></p>





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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_3"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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<p style="border:none;font-variant:small-caps;margin-bottom:14.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;letter-spacing:2.5pt;">Financial Statements and <br>
Supplemental Schedule</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Capital City Bank
Group, Inc. 401(k) Plan</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">December&nbsp;31,
2018 and 2017</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">and Year Ended December&nbsp;31,
2018</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:normal;">With Report of Independent Registered Public Accounting Firm</font></font></p>



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<h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Capital City Bank Group, Inc.
401(k) Plan</font></font></h1>

<p style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:14.0pt;">Financial Statements and Supplemental Schedule</font></font></p>

<h3 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:12.0pt;font-weight:normal;">December&nbsp;31,
2018 and 2017 and Year Ended December&nbsp;31, 2018</font></font></h3>

<p style="border:none;margin-bottom:.25in;margin-left:0in;margin-right:0in;margin-top:30.0pt;text-align:center;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:14.0pt;">Contents</font></b></font></p>

<p style="border:none;margin-bottom:14.0pt;margin-left:9.35pt;margin-right:.75in;margin-top:0in;text-indent:-9.35pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Report of
Independent Registered Public Accounting Firm........................................................... 1</font></font></p>

<p style="border:none;margin-bottom:14.0pt;margin-left:9.35pt;margin-right:.75in;margin-top:0in;text-indent:-9.35pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Financial
Statements</font></font></p>

<p style="border:none;margin-bottom:0in;margin-left:9.35pt;margin-right:.75in;margin-top:0in;text-indent:-9.35pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Statements of
Net Assets Available for Benefits............................................................................ 3</font></font></p>

<p style="border:none;margin-bottom:0in;margin-left:9.35pt;margin-right:.75in;margin-top:0in;text-indent:-9.35pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Statement of
Changes in Net Assets Available for Benefits........................................................... 4</font></font></p>

<p style="border:none;margin-bottom:0in;margin-left:9.35pt;margin-right:.75in;margin-top:0in;text-indent:-9.35pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Notes to
Financial Statements......................................................................................................... 5</font></font></p>

<p style="border:none;margin-bottom:0in;margin-left:9.35pt;margin-right:.75in;margin-top:0in;text-indent:-9.35pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:14.0pt;margin-left:9.35pt;margin-right:.75in;margin-top:0in;text-indent:-9.35pt;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Supplemental
Schedule</font></font></p>

<p align=left style="border:none;margin:0in;margin-bottom:.0001pt;text-align:left;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;">Schedule H, Line 4i&nbsp;&#8211; Schedule of Assets (Held at End
of Year)................................................ 12</font></font></p>





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</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:14.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:14.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:14.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:14.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:center;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:14.0pt;">Report of Independent Registered Public Accounting Firm</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">To the Plan Participants and the Plan Administrator of Capital
City Bank Group, Inc. 401(k) Plan</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:9.35pt;margin-right:2.0in;margin-top:0in;text-indent:-9.35pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Opinion
on the Financial Statements</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">We
have audited the accompanying statements of net assets available for benefits
of Capital City Bank Group, Inc. 401(k) Plan (the Plan) as of December&nbsp;31,
2018 and 2017, and the related statement of changes in net assets available for
benefits for the year ended December 31, 2018, and the related notes
(collectively referred to as the &#8220;financial statements&#8221;). In our opinion, the
financial statements present fairly, in all material respects, the net assets
available for benefits of the Plan at December 31, 2018 and 2017, and the
changes in its net assets available for benefits for the year ended December
31, 2018, in conformity with U.S. generally accepted accounting principles. </font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Basis
for Opinion</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black style="border:none;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font color=black style="border:none;"><font color=black face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">These
financial statements are the responsibility of the Plan&#8217;s management. Our
responsibility is to express an opinion on the Plan&#8217;s financial statements
based on our audits. We are a public accounting firm registered with the Public
Company Accounting Oversight Board (United States) (PCAOB) and are required to
be independent with respect to the Plan in accordance with the U.S. federal
securities laws and the applicable rules and regulations of the Securities and
Exchange Commission and the PCAOB.</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">We conducted our audits
in accordance with the standards of the PCAOB. Those standards require that we
plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement, whether due to error or
fraud. The Plan is not required to have, nor were we engaged to perform, an
audit of its internal control over financial reporting. As part of our audits
we are required to obtain an understanding of internal control over financial
reporting but not for the purpose of expressing an opinion on the effectiveness
of the Plan&#8217;s internal control over financial reporting. Accordingly, we
express no such opinion.&#160; </font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Our audits included
performing procedures to assess the risks of material misstatement of the
financial statements, whether due to error or fraud, and performing procedures
that respond to those risks. Such procedures included examining, on a test
basis, evidence regarding the amounts and disclosures in the financial
statements. Our audits also included evaluating the accounting principles used
and significant estimates made by management, as well as evaluating the overall
presentation of the financial statements. We believe that our audits provide a
reasonable basis for our opinion.</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>


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 <p align=right style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:right;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">1</font><font style="border:none;">&nbsp;</font></p>

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<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Supplemental Schedule</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The
accompanying supplemental schedule of assets (held at end of year) as of
December 31, 2018, has been subjected to audit procedures performed in
conjunction with the audit of the Plan&#8217;s financial statements. The information
in the supplemental schedule is the responsibility of the Plan&#8217;s management.
Our audit procedures included determining whether the information reconciles to
the financial statements or the underlying accounting and other records, as
applicable, and performing procedures to test the completeness and accuracy of
the information presented in the supplemental schedule. In forming our opinion
on the information, we evaluated whether such information, including its form
and content, is presented in conformity with the Department of Labor&#8217;s Rules
and Regulations for Reporting and Disclosure under the Employee Retirement
Income Security Act of 1974. In our opinion, the information is fairly stated,
in all material respects, in relation to the financial statements as a whole.</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p align=right style="border:none;margin:0in;margin-bottom:.0001pt;text-align:right;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">/s/
Ernst &amp; Young LLP</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=right style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">We have served as the Plan&#8217;s auditor since 2013.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Tallahassee, Florida</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">June 27, 2019</font></font></p>



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  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">Capital City Bank
  Group, Inc. 401(k) Plan</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;page-break-inside:avoid;">
  <td colspan=6 nowrap valign=bottom width=100% style="height:7.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
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  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">Statements of Net Assets Available for Benefits</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=57% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=17% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
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  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
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  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
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  </td>
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  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
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  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=2% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=17% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td width=57% style="height:13.5pt;padding:0in 0in 0in 6.75pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td width=4% style="height:13.5pt;padding:0in 0in 0in 6.75pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td colspan=4 width=39% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">December&nbsp;31,</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td width=57% style="height:13.5pt;padding:0in 0in 0in 6.75pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td width=4% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 6.75pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td width=17% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">2018</font></b></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td width=3% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">2017</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=57% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Assets</font></b></p>
  </td>
 <td nowrap width=4% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=2% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=57% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Investments at fair
  value</font></p>
  </td>
 <td nowrap width=4% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">30,575,947</font></b></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">33,341,702</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=57% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=4% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=57% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Total assets</font></p>
  </td>
 <td nowrap width=4% style="background:#DBEEF4;border:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;border:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">30,575,947</font></b></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;border:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">33,341,702</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=57% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=4% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=57% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Net assets available
  for benefits</font></p>
  </td>
 <td nowrap width=4% style="background:#DBEEF4;border-bottom:double black 2.25pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;border-bottom:double black 2.25pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">30,575,947</font></b></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border-bottom:double black 2.25pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;border-bottom:double black 2.25pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">33,341,702</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=57% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=4% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=17% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=17% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=57% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><i><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">See accompanying
  notes.</font></i></p>
  </td>
 <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=17% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=17% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>




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<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:18.75pt;page-break-inside:avoid;">
  <td colspan=4 nowrap valign=bottom width=100% style="height:18.75pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">Capital City Bank
  Group, Inc. 401(k) Plan</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;page-break-inside:avoid;">
  <td colspan=4 nowrap valign=bottom width=100% style="height:7.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:18.75pt;page-break-inside:avoid;">
  <td colspan=4 nowrap valign=bottom width=100% style="height:18.75pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">Statement of Changes in Net Assets Available for Benefits</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=78% style="height:7.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=2% style="height:7.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:7.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=17% style="height:7.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.75pt;page-break-inside:avoid;">
  <td colspan=4 nowrap valign=bottom width=100% style="height:15.75pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:12.0pt;line-height:115%;">Year Ended December 31, 2018</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=78% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=2% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=17% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:11.25pt;page-break-inside:avoid;">
  <td width=78% style="height:11.25pt;padding:0in 0in 0in 6.75pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td width=2% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td width=3% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="height:11.25pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td width=78% style="height:13.5pt;padding:0in 0in 0in 6.75pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td width=2% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td width=3% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td width=17% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">2018</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td width=78% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Additions</font></b></p>
  </td>
 <td width=2% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td width=17% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Investment income: </font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 15.5pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Dividends and
  interest income</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=17% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">293,468</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 15.5pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Net depreciation in
  fair value of investments</font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">(1,998,918)</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Total Investment Loss</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="border:none;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">(1,705,450)</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Contributions:</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 15.5pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Participants</font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">2,420,898</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 15.5pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Employer</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">634,093</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 15.5pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Rollover</font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">264,135</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Total Contributions</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">3,319,126</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Total Additions</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">1,613,676</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Deductions</font></b></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Benefit payments</font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">4,267,104</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Administrative
  expenses</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">112,327</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Total deductions</font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">4,379,431</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Net decrease</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="border:none;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">(2,765,755)</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Net assets available
  for benefits at beginning of year</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=17% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">33,341,702</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Net assets available
  for benefits at end of year</font></p>
  </td>
 <td nowrap width=2% style="background:#DBEEF4;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=17% style="background:#DBEEF4;border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">30,575,947</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=78% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><i><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">See accompanying
  notes.</font></i></p>
  </td>
 <td nowrap width=2% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=17% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>



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<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-add-space:auto;mso-line-height-rule:exactly;mso-pagination:widow-orphan no-line-numbers;"><font face="Times New Roman,serif" style="mso-fareast-font-family:Times New Roman;"><font face="Times New Roman,serif" lang=EN-US style="font-size:12.0pt;line-height:.7pt;">&nbsp;</font></font></p>


</DIV>
<h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Capital City Bank Group, Inc.
401(k) Plan</font></font></h1>

<p style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:14.0pt;">Notes to Financial Statements</font></font></p>

<h3 style="border:none;margin-bottom:28.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:12.0pt;font-weight:normal;">December&nbsp;31, 2018</font></font></h3>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">1. Description of Plan</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The
following description of the Capital City Bank Group, Inc. 401(k) Plan (the
Plan) provides general information about the Plan&#8217;s provisions. Capital City
Bank Group, Inc. (the Company) is the plan sponsor. Participants should refer
to the Plan document and Summary Plan Description for a more complete
description of the Plan&#8217;s provisions, copies of which may be obtained from the
plan sponsor.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">General</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The
Plan is a defined contribution retirement plan established under the provisions
of Section 401(a) of the Internal Revenue Code (the IRC), which includes a
qualified deferred arrangement as described in Section 401(k) of the IRC. The
Plan is intended to provide benefits to all eligible employees of the Company.
Employees of the Company become eligible to participate in the Plan at the time
of employment. Employees may enter the Plan on the first day of the month
coinciding with or following the date on which the employee becomes eligible to
participate in the Plan.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;text-indent:0in;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;font-weight:normal;">The overall responsibility for administering the Plan rests
with the Company.&#160; However, the Company has delegated administration of the
Plan to the Retirement Committee (the &#8220;Plan Administrator&#8221;). &nbsp;The
administrative and record-keeping services are outsourced Empower Retirement.&#160;
Reliance Trust serves as trustee and asset custodian.&#160; Strategic Retirement
Partners served as the 3(38) fiduciary for the plan years ended December 31,
2018.&#160; </font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:12.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;text-indent:0in;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Contributions</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Each
year, participants may elect to contribute up to 100% of pretax annual
compensation, as defined in the Plan document and subject to certain
limitations under the IRC.&#160; Participants may choose to change their deferral
percentage at any time. The Plan also includes an automatic contribution
arrangement that applies to new or re-hired employees of the Company. The
automatic deferral amount is 3 percent of eligible compensation. Employees who
do not wish to be automatically enrolled may elect not to defer or to defer
another percentage. The Plan also allows participants who reach the age of 50
during the taxable year to make catch-up contributions. Catch-up contributions
are 401(k) elective deferral contributions in excess of any limit on such
contributions under the Plan subject to IRC limitations.&#160; The Plan also allows
participants to contribute monies as Roth contributions, subject to the same
limitations as are in place for pretax contributions.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">For
2018, the Company provided a 50% match on participant contributions of 6% or
less of eligible compensation.&#160; Only employees hired after January&nbsp;1,
2002, and who have completed 90 days of service, are eligible for this match.&#160;
No additional discretionary employer contributions were made for 2018.</font></font></p>



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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_10"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Capital City Bank Group, Inc. 401(k) Plan</font></font><font color=#4F81BD style="mso-ascii-font-family:Cambria;mso-ascii-theme-font:major-latin;mso-bidi-font-family:Times New Roman;mso-bidi-theme-font:major-bidi;mso-fareast-font-family:Times New Roman;mso-fareast-theme-font:major-fareast;mso-hansi-font-family:Cambria;mso-hansi-theme-font:major-latin;mso-themecolor:accent1;">&nbsp;</font></h1>
 <h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Notes to Financial Statements (continued)</font></font></h1>
 <h2 style="border:none;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:10.0pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;mso-fareast-font-family:Times New Roman;"><b><font color=#4F81BD face="Times New Roman,serif" style="font-size:13.0pt;line-height:115%;">&nbsp;</font></b></font></h2>

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<p style="border:none;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">1.</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</font></b></font><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Description of Plan (continued)</font></b></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;"> &nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Participant
Accounts</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Each
participant&#8217;s account is credited with the participant&#8217;s contribution, the
Company matching contributions, and allocations of Plan earnings based on the
participant&#8217;s investment elections; any withdrawal distribution fees are
charged to the participant account. &#160;Administrative expenses are paid by the
plan, the participants, or directly by the Company, as defined in the Plan
document and/or vendor agreements. &#160;The benefit to which a participant is
entitled is the benefit that can be provided from the participant&#8217;s vested
account. &#160;Each participant directs the investment of his or her account to any
of the investment options available under the Plan.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Vesting</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Participants
are immediately vested in their contributions plus actual earnings thereon. &#160;Vesting
in the Company&#8217;s matching portion of their accounts plus actual earnings
thereon is based on years of credited service. A participant is 100% vested in
the Company&#8217;s matching and discretionary contributions, and related earnings
thereon, after three years of credited service (on a cliff basis). &#160;Credited
service for vesting purposed requires 1,000 hours during the Plan year.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">A
participant becomes fully vested in his or her account balance upon retirement,
death or disability.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Forfeitures</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Forfeitures
are used to reduce the employer contributions and/or pay Plan administrative
expenses. Unallocated forfeited balances as of December&nbsp;31, 2018 and 2017
were approximately $3,000 and $3,800 respectively. The Company did not use
forfeitures to reduce Company contributions for 2018 and 2017.</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;text-indent:0in;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;text-indent:0in;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Payment
of Benefits</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Upon
termination of service due to death, disability, retirement or other reason, a
participant will, upon request, receive a lump-sum amount equal to the value of
the vested interest in his or her account. Participants may also receive a
distribution while in service upon demonstration of financial hardship or
reaching age 59 &#189;.&#160; Participants that are qualified reservists and are called
upon for active duty for more than 179 days or an indefinite period may receive
a distribution.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Administrative
Expenses</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:14.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The Plan&#8217;s administrative expenses were
paid, pro rata, by participants.&#160; Forfeiture monies were used to offset
participant expenses when available.&#160; Expenses relating to purchases, sales,
transfers or distributions of the Plan&#8217;s investments are charged to the
particular investment fund and/or participant to which the expense relates.</font></font></p>

<font face="Times New Roman,serif" style="border:none;">
&nbsp;</font>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>


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 <h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Capital City Bank Group, Inc. 401(k) Plan</font></font><font color=#4F81BD style="mso-ascii-font-family:Cambria;mso-ascii-theme-font:major-latin;mso-bidi-font-family:Times New Roman;mso-bidi-theme-font:major-bidi;mso-fareast-font-family:Times New Roman;mso-fareast-theme-font:major-fareast;mso-hansi-font-family:Cambria;mso-hansi-theme-font:major-latin;mso-themecolor:accent1;">&nbsp;</font></h1>
 <h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Notes to Financial Statements (continued)</font></font></h1>
 <h2 style="border:none;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:10.0pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;mso-fareast-font-family:Times New Roman;"><b><font color=#4F81BD face="Times New Roman,serif" style="font-size:13.0pt;line-height:115%;">&nbsp;</font></b></font></h2>

</DIV>
<p style="border:none;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">1.</font></b><b><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</font></b></font><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Description of Plan (continued)</font></b></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;"> &nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;text-indent:0in;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Plan
Termination</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Although
it has not expressed any intent to do so, the Company has the right under the
Plan to discontinue its contributions at any time and to terminate the Plan
subject to the provisions of the Employee Retirement Income Security Act of
1974, as amended (ERISA). In the event of Plan termination, participants would
become 100% vested in their employer contributions and earnings thereon.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;text-indent:0in;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">2.
Summary of Significant Accounting Policies</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Basis of
Accounting</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The
financial statements of the Plan are prepared under the accrual basis of accounting
in accordance with U.S. generally accepted accounting principles.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Payment of
Benefits</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Benefits
are recorded when paid.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Use of
Estimates</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The
preparation of financial statements in conformity with U.S. generally accepted
accounting principles requires management to make estimates and assumptions
that affect the amounts reported in the financial statements and accompanying
notes and supplemental schedule. Actual results could differ from those estimates.</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;text-indent:0in;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;page-break-after:avoid;text-align:justify;text-indent:0in;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Investment
Valuation and Income Recognition</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Investments
held by the Plan are stated at fair value. Fair value is defined as the price
that would be received to sell an asset or paid to transfer a liability in an
orderly transaction between market participants at the measurement date (an
exit price). See Note&nbsp;3 for further discussion and disclosures related to
fair value measurements.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Purchases
and sales of securities are recorded on a trade-date basis. Interest income is
recorded as earned. Dividends are recorded on the ex-dividend date. Net
appreciation/(depreciation) include the Plan&#8217;s gains and losses on investments
bought and sold as well as held during the year.<a name="para_64404201"></a><a name="para_64404201_bclEnd"></a></font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Recent Accounting Pronouncements</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">The Financial Accounting Standards Board issued Accounting
Standards Update (&#8220;ASU&#8221;) 2018-13, </font><i><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Fair Value Measurement (Topic 820):
Disclosure Framework &#8211; Changes to the Disclosure Requirements for Fair Value
Measurement</font></i><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">.&#160; The amendments in this ASU modify the disclosure requirements
on fair value measurements in Topic 820, including the removal, modification
to, and addition of certain disclosure requirements.&#160; The updated guidance is
effective for fiscal years beginning after December 15, 2019, with early
adoption permitted.&#160; The Plan is currently assessing the timing and impact of
adopting the updated provisions.&#160; This ASU is not expected to have a
significant impact on the Plan&#8217;s fair value disclosures and no impact to the
financial statements.</font></font></p>


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 <p align=right style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:right;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">7</font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_12"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Capital City Bank Group, Inc. 401(k) Plan</font></font><font color=#4F81BD style="mso-ascii-font-family:Cambria;mso-ascii-theme-font:major-latin;mso-bidi-font-family:Times New Roman;mso-bidi-theme-font:major-bidi;mso-fareast-font-family:Times New Roman;mso-fareast-theme-font:major-fareast;mso-hansi-font-family:Cambria;mso-hansi-theme-font:major-latin;mso-themecolor:accent1;">&nbsp;</font></h1>
 <h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Notes to Financial Statements (continued)</font></font></h1>
 <h2 style="border:none;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:10.0pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;mso-fareast-font-family:Times New Roman;"><b><font color=#4F81BD face="Times New Roman,serif" style="font-size:13.0pt;line-height:115%;">&nbsp;</font></b></font></h2>

</DIV>
<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">3. Fair Value Measurements</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Fair value is defined as the price that would be received to sell
an asset or paid to transfer a liability in an orderly transaction between
market participants on the measurement date (i.e.,&nbsp;an exit price). The
fair value hierarchy prioritizes the inputs to valuation techniques used to
measure fair value. The hierarchy gives the highest priority to unadjusted
quoted prices in active markets for identical assets and liabilities
(Level&nbsp;1) and the lowest priority to unobservable inputs (Level&nbsp;3). The
three levels of the fair value hierarchy are described below:</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Level&nbsp;1:&#160;&#160;&#160;&#160; Unadjusted
quoted prices in active markets that are accessible to the reporting entity at
the measurement date for identical assets and liabilities.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Level&nbsp;2:&#160;&#160;&#160;&#160; Inputs other
than quoted prices in active markets for identical assets and liabilities that
are observable either directly or indirectly for substantially the full term of
the asset or liability. </font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Level&nbsp;2 inputs include
the following:</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=Symbol style="border:none;"><font face=Symbol lang=EN-US style="font-size:11.0pt;">&#183;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</font></font><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">quoted prices for
similar assets and liabilities in active markets</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=Symbol style="border:none;"><font face=Symbol lang=EN-US style="font-size:11.0pt;">&#183;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</font></font><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">quoted prices for
identical or similar assets or liabilities in markets that are not active</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=Symbol style="border:none;"><font face=Symbol lang=EN-US style="font-size:11.0pt;">&#183;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</font></font><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">observable inputs
other than quoted prices that are used in the valuation of the asset or
liabilities (e.g.,&nbsp;interest rate and yield curve quotes at commonly quoted
intervals)</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.75in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font face=Symbol style="border:none;"><font face=Symbol lang=EN-US style="font-size:11.0pt;">&#183;</font><font face="Times New Roman" lang=EN-US style="font-size:7.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</font></font><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">inputs that are
derived principally or corroborated by observable market data by correlation or
other means</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Level&nbsp;3: Unobservable
inputs for the asset or liability (i.e.,&nbsp;supported by little or no market
activity). Level&nbsp;3 inputs include management&#8217;s own assumption about the
assumptions that market participants would use in pricing the asset or liability
(including assumptions about risk).</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The
level in the fair value hierarchy within which the fair value measurement is
classified is determined based upon the lowest level input that is significant
to the fair value measurement in its entirety.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Following
is a description of the valuation techniques and inputs used for each general
type of investments measured at fair value by the Plan.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><i><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Company
common stock</font></i></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">: Valued at the closing price reported on the active market on
which the common stock is traded.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><i><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Mutual
funds</font></i></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">: Valued at the daily closing price as reported by the fund.
Mutual funds held by the Plan are open-ended mutual funds that are registered
with the SEC. These funds are required to publish their daily net asset value
(NAV) and to transact at that price. The mutual funds held by the Plan are
deemed to be actively traded.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font style="border:none;"><i><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></i></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><i><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Collective trust funds:</font></i></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;"> Valued at the NAV of units of a collective trust fund. The NAV,
as provided by the trustee, is used as a practical expedient to estimate fair
value. The NAV is based on the fair value of the underlying investments held by
the fund less its liabilities. This practical expedient is not used when it is
determined to be probable that the fund will sell the investment for an amount
different than the reported NAV. Participant transactions (purchased and sales)
may occur daily.</font></font></p>


<DIV bclFooter>

 <p align=right style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:right;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">8</font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_13"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Capital City Bank Group, Inc. 401(k) Plan</font></font><font color=#4F81BD style="mso-ascii-font-family:Cambria;mso-ascii-theme-font:major-latin;mso-bidi-font-family:Times New Roman;mso-bidi-theme-font:major-bidi;mso-fareast-font-family:Times New Roman;mso-fareast-theme-font:major-fareast;mso-hansi-font-family:Cambria;mso-hansi-theme-font:major-latin;mso-themecolor:accent1;">&nbsp;</font></h1>
 <h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Notes to Financial Statements (continued)</font></font></h1>
 <h2 style="border:none;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:10.0pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;mso-fareast-font-family:Times New Roman;"><b><font color=#4F81BD face="Times New Roman,serif" style="font-size:13.0pt;line-height:115%;">&nbsp;</font></b></font></h2>

</DIV>
<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">3. Fair Value Measurements (continued)</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The
following tables set forth by level, within the fair value hierarchy, the
Plan&#8217;s assets carried at fair value.</font></font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:15.0pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=31% style="height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td colspan=5 nowrap width=49% style="height:15.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Assets at Fair Value as of</font></b></p>
  </td>
 <td nowrap width=3% style="height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=14% style="height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:15.75pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=31% style="height:15.75pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="height:15.75pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td colspan=5 nowrap width=49% style="border:none;border-bottom:solid black 1.0pt;height:15.75pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">December&nbsp;31, 2018</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:solid black 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=14% style="border:none;border-bottom:solid black 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=31% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=15% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Level&nbsp;1</font></b></p>
  </td>
 <td nowrap width=3% style="border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=14% style="border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Level&nbsp;2</font></b></p>
  </td>
 <td nowrap width=3% style="border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=14% style="border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Level&nbsp;3</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=14% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Total</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=31% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Company common stock</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=15% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">1,796,534</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=14% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=14% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=14% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">1,796,534</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=31% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Mutual funds</font></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=15% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">4,033,083</font></b></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=14% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">4,033,083</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=31% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Collective investment
  trusts<sup>(a)</sup></font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=15% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=14% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">24,746,330</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=31% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=15% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">5,829,617</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=14% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=14% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></b></p>
  </td>
 <td nowrap width=14% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">30,575,947</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=31% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=15% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=14% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=14% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>



<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:15.0pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=30% style="height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="height:15.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td colspan=5 nowrap width=49% style="height:15.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Assets at Fair Value as of</font></b></p>
  </td>
 <td nowrap width=3% style="height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=15% style="height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:15.75pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=30% style="height:15.75pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="height:15.75pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td colspan=5 nowrap width=49% style="border:none;border-bottom:solid black 1.0pt;height:15.75pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">December&nbsp;31, 2017</font></b></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:solid black 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=15% style="border:none;border-bottom:solid black 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=30% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=15% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Level&nbsp;1</font></b></p>
  </td>
 <td nowrap valign=bottom width=3% style="border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=14% style="border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Level&nbsp;2</font></b></p>
  </td>
 <td nowrap valign=bottom width=3% style="border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=14% style="border-bottom:solid black 1.0pt;border-left:none;border-right:none;border-top:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Level&nbsp;3</font></b></p>
  </td>
 <td nowrap valign=bottom width=3% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap valign=bottom width=15% style="border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Total</font></b></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=30% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Company common stock</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=15% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">1,926,357</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=14% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=14% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=15% style="background:#DBEEF4;border:none;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">1,926,357</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=30% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Mutual funds</font></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=15% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">4,707,191</font></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=15% style="height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">4,707,191</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=30% style="background:#DBEEF4;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Collective investment
  trusts<sup>(a)</sup></font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=15% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=15% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">26,708,154</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=30% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=15% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">6,633,548</font></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=14% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=14% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">-</font></p>
  </td>
 <td nowrap width=3% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=15% style="border:none;border-bottom:double black 2.25pt;height:13.5pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">33,341,702</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td nowrap width=30% style="height:13.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=15% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=14% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=3% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=15% style="border:none;height:13.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td colspan=9 nowrap valign=bottom width=100% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><sup><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">(a)</font></sup><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">
  These investments are valued based on net asset value (NAV) per unit, as
  provided by the trustee of</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td colspan=9 nowrap valign=bottom width=100% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&#160;&#160;&#160;&#160; the fund as a
  practical expedient, and have not been classified in the fair value
  hierarchy.&#160; The fair</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;page-break-inside:avoid;">
  <td colspan=9 nowrap valign=bottom width=100% style="height:13.5pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&#160;&#160;&#160;&#160; value amounts
  are provided to reconcile to the statement of net assets available for
  benefits.</font></p>
  </td>
 </tr>
</table></div>



<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">4.
Risks and Uncertainties</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The
Plan holds various investment securities. &#160;Investment securities are exposed to
various risks such as interest rate, market, liquidity and credit risks. &#160;Due
to the level of risk associated with certain investment securities, it is at
least reasonably possible that changes in the fair values of investment
securities will occur in the near term and that such changes could materially
affect participants&#8217; account balances and the amounts reported in the
statements of net assets available for benefits.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:12.25pt;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;text-indent:-12.25pt;"><font style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">5. Related
Party and Party-In-Interest Transactions</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The
Plan invests in the common stock of the Company. This transaction qualifies as
party-in-interest transaction; however, it is exempt from the prohibited
transaction rules under ERISA. During 2018, the Plan received common stock cash
dividends of $24,938 from the Company.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></b></font></p>


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 <p align=right style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:right;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">9</font><font style="border:none;">&nbsp;</font></p>

</DIV>
</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_14"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

<DIV bclHeader>

 <h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Capital City Bank Group, Inc. 401(k) Plan</font></font><font color=#4F81BD style="mso-ascii-font-family:Cambria;mso-ascii-theme-font:major-latin;mso-bidi-font-family:Times New Roman;mso-bidi-theme-font:major-bidi;mso-fareast-font-family:Times New Roman;mso-fareast-theme-font:major-fareast;mso-hansi-font-family:Cambria;mso-hansi-theme-font:major-latin;mso-themecolor:accent1;">&nbsp;</font></h1>
 <h1 style="border:none;margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:center;"><font style="border:none;"><font face="Times New Roman,serif" style="font-size:14.0pt;font-weight:normal;">Notes to Financial Statements (continued)</font></font></h1>
 <h2 style="border:none;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:10.0pt;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;page-break-after:avoid;"><font face="Times New Roman,serif" style="border:none;mso-fareast-font-family:Times New Roman;"><b><font color=#4F81BD face="Times New Roman,serif" style="font-size:13.0pt;line-height:115%;">&nbsp;</font></b></font></h2>

</DIV>
<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">6. Tax Status</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">The underlying
prototype plan has received an opinion letter from the Internal Revenue Service
(IRS) dated March 31, 2014, stating that the written form of the underlying
prototype document is qualified under Section 401 of the Internal Revenue Code
(the Code). Any employer adopting this form of the plan will be considered to
have a plan qualified under Section 401 of the Code, and, therefore, the
related trust is tax-exempt. Once qualified, the Plan is required to operate in
conformity with the Code to maintain its qualified status. The plan
administrator believes the Plan is being operated in compliance with the
applicable requirements of the Code and, therefore, believes the Plan is
qualified and the related trust is tax exempt. </font></font></p>

<p style="border:none;margin:0in;margin-bottom:.0001pt;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;">Accounting principles generally accepted in the United States
require plan management to evaluate tax positions taken by the Plan and
recognize a tax liability if the Plan has taken an uncertain position that more
likely than not would not be sustained upon examination by the IRS. Plan
management has analyzed the tax positions taken by the Plan, and has concluded
that there are no uncertain positions taken or expected to be taken. The Plan
is subject to routine audits by taxing jurisdictions; however, currently there
are no audits for any tax periods in progress.</font></font></p>





<font face="Times New Roman,serif" style="border:none;">
&nbsp;</font>




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 <p align=right style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:right;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">10</font><font style="border:none;">&nbsp;</font></p>

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</DIV><HR noshade STYLE="page-break-after: always" align="center" width="100%" size=2><a name="page_15"></a><DIV bclPageBorder STYLE="PADDING-TOP: 0in; PADDING-BOTTOM: 0in; WIDTH: 100%; PADDING-RIGHT: 0in; PADDING-LEFT: 0in">

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 <p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:justify;"><font face="Times New Roman,serif" style="border:none;mso-fareast-font-family:Times New Roman;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font><font face="Times New Roman,serif" style="mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-bidi-font-family:Arial;mso-bidi-theme-font:minor-bidi;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;">&nbsp;</font></p>

</DIV>
<p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:115%;"></font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:24.0pt;line-height:115%;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:24.0pt;line-height:115%;">Supplemental Schedule</font></font></p>





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&nbsp;</font>




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 <p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:justify;"><font face="Times New Roman,serif" style="border:none;mso-fareast-font-family:Times New Roman;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font><font face="Times New Roman,serif" style="mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-bidi-font-family:Arial;mso-bidi-theme-font:minor-bidi;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;">&nbsp;</font></p>

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</DIV>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:18.75pt;page-break-inside:avoid;">
  <td colspan=5 nowrap valign=bottom width=100% style="height:18.75pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">Capital City Bank
  Group, Inc. 401(k) Plan</font></p>
  </td>
 </tr>
<tr style="height:6.0pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=27% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=52% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:18.75pt;page-break-inside:avoid;">
  <td colspan=5 nowrap valign=bottom width=100% style="height:18.75pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">Plan No. 003 EIN 59-2273542</font></p>
  </td>
 </tr>
<tr style="height:6.0pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=27% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=52% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:18.75pt;page-break-inside:avoid;">
  <td colspan=5 nowrap valign=bottom width=100% style="height:18.75pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:14.0pt;line-height:115%;">Schedule H, Line 4i - Schedule of Assets (Held at End of Year)</font></p>
  </td>
 </tr>
<tr style="height:6.0pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=27% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=52% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;page-break-inside:avoid;">
  <td colspan=5 nowrap valign=bottom width=100% style="height:15.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">December 31, 2018</font></p>
  </td>
 </tr>
<tr style="height:6.0pt;page-break-inside:avoid;">
  <td nowrap valign=bottom width=27% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=52% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=6% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=12% style="height:6.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;page-break-inside:avoid;">
  <td rowspan=2 valign=bottom width=27% style="border:none;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Identity of Issue, Borrower, Lessor, or Similar Party</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=52% style="border:none;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Description of Investment Including Maturity Date, Rate of
  Interest, Collateral, Par, or Maturity Value</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=6% style="border:none;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Cost</font></b></p>
  </td>
 <td valign=bottom width=3% style="height:15.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td rowspan=2 valign=bottom width=12% style="border:none;border-bottom:solid black 1.0pt;height:15.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Current</font></b></p>
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&#160;Value&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:15.75pt;page-break-inside:avoid;">
  <td valign=bottom width=3% style="border:none;border-bottom:solid black 1.0pt;height:15.75pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;border:none;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Mutual
  funds:</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:justify;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;border:none;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Clearbridge</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Large Cap Growth IS,
  7,155 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">310,378</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Cohen &amp; Steers</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Real Estate
  Securities Z, 19,207 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">277,162</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Fidelity</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Advisor Small Cap
  Growth I, 21,920 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">466,019</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Fidelity</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Advisor Total Bond I,
  79,086 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">808,259</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Fidelity</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Emerging Markets
  Index, 47,240 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">450,665</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Franklin Templeton</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Franklin Utilities
  R6, 6,869 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">125,504</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Harbor</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Small Cap Value
  Retirement, 7,904 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">217,133</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Mass Mutual</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Premier Infl-Prot and
  Inc I, 2,006 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">19,762</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Mass Mutual</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Select Mid Cap Growth
  I, 19,236 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">363,372</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Morgan Stanley</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Inst High Yield IS,
  26,782 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">246,662</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Nuveen</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Small Cap Value I,
  5,045 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">102,204</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Principal</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Government &amp; High
  Qual Bd Inst, 3,220 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">32,713</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">SEI</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Mid Cap F (SIMT),
  14,905 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">320,766</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Great-West</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Mid Cap Value Instl,
  66 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">515</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Transamerica</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Large Cap Value I,
  19,805 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">197,060</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Wells Fargo</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Discp US Core I,
  6,387 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">94,909</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Total</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="border:none;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">4,033,083</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Collective investment
  trusts:</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Equity Index Fund R,
  6,170 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">1,984,030</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">LifePath Index 2020
  Fund CL 35, 184,392 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">3,547,707</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">LifePath Index 2025
  Fund CL 35, 174,337 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">3,645,389</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">LifePath Index 2030
  Fund CL 35, 135,507 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">3,004,181</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">LifePath Index 2035
  Fund CL 35, 129,073 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">3,003,535</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">LifePath Index 2040
  Fund CL 35, 93,954 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">2,257,710</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">LifePath Index 2045
  Fund CL 35, 49,112 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">1,221,895</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">LifePath Index 2050
  Fund CL 35, 34,856 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">858,147</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">LifePath Index 2055
  CL 35, 60,112 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">761,024</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">LifePath Index Retire
  CL 35, 52,950 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">835,554</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Mid Cap Equity Index
  Fund R, 3,496 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">549,646</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">MSCI ACWI ex-U.S.
  Index R, 48,455 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">536,392</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Russell 1000 Growth
  R, 46,893 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">633,989</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Russell 1000 Value R,
  17,281 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">207,372</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Blackrock</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Russell 2000 Index
  Fund R, 3,247 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">483,721</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Reliance</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">MetLife Series 25053
  CL 0, 7,012 shares</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">1,216,038</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Total</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;border:none;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">24,746,330</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">*Capital City Bank
  Group, Inc.</font></p>
  </td>
 <td nowrap width=52% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">Capital City Bank
  Group Stock, 77,403 shares</font></p>
  </td>
 <td nowrap width=6% style="background:#DBEEF4;height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">**</font></b></p>
  </td>
 <td nowrap width=3% style="background:#DBEEF4;height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="background:#DBEEF4;border:none;border-bottom:solid black 1.0pt;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">1,796,534</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">$</font></p>
  </td>
 <td nowrap width=12% style="border:none;border-bottom:double black 2.25pt;height:12.0pt;padding:0in 5.75pt 0in 2.0pt;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">30,575,947</font></p>
  </td>
 </tr>
<tr style="height:7.5pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:7.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=52% style="height:7.5pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="height:7.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:7.5pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="border:none;height:7.5pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td nowrap width=27% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">* Party-in-interest</font></p>
  </td>
 <td nowrap width=52% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:12.0pt;page-break-inside:avoid;">
  <td colspan=2 nowrap width=79% style="height:12.0pt;padding:0in 2.0pt 0in 2.0pt;">
  <p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font color=black face="Times New Roman,serif" style="font-size:12.0pt;line-height:115%;">**
  Participant-directed investment, cost not required</font></p>
  </td>
 <td nowrap width=6% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></b></p>
  </td>
 <td nowrap width=3% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=center style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><font color=black face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 <td nowrap width=12% style="height:12.0pt;padding:0in 0in 0in 0in;">
  <p align=right style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:right;"><font face="Times New Roman,serif" style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>
  </td>
 </tr>
</table></div>











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 <p align=right style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:right;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">12</font><font face="Times New Roman,serif" style="border:none;mso-fareast-font-family:Times New Roman;">&nbsp;</font><font face="Times New Roman,serif" style="mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-bidi-font-family:Arial;mso-bidi-theme-font:minor-bidi;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;">&nbsp;</font></p>

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 <p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

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<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">CAPITAL CITY BANK GROUP, INC. 401(k) PLAN</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">EXHIBIT INDEX</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Exhibit No.</font></u></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Document&nbsp;</font></u></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><a href="exhibit231.htm"><font color=blue face="Times New Roman,serif" style="border:none;"><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">23.1</font></u></font></a><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></font><a href="exhibit231.htm"><font color=blue face="Times New Roman,serif" style="border:none;"><u><font color=blue face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Ernst
&amp; Young, LLP</font></u></font></a></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<font face="Times New Roman,serif" style="border:none;">
&nbsp;</font>


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 <p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

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 <p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

</DIV>
<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">SIGNATURES</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;"><br>
</font><i><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">The Plan.</font></i><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;"> Pursuant to the requirements of the Securities Exchange Act of
1934, the trustees (or other persons who administer the employee benefit plan)
have duly caused this annual report to be signed on its behalf by the
undersigned hereunto duly authorized.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;"><br>
<br>
</font><b><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;text-transform:uppercase;">CAPITAL CITY BANK GROUP, INC. Profit
Sharing 401(k) Plan</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">By:&nbsp;&nbsp;Reliance Trust, Trustee</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:27.0pt;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">By: </font><u><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">/s/Kevin
Bennett&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></u></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:45.0pt;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Kevin Bennett,
Account Manager</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Dated: June 27, 2019</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>




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 <p style="border:none;margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;mso-border-shadow:yes;mso-padding-alt:31.0pt 31.0pt 31.0pt 31.0pt;mso-pagination:widow-orphan lines-together;text-align:justify;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>2
<FILENAME>exhibit231.htm
<DESCRIPTION>EXHIBIT 23.1
<TEXT>

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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Exhibit 23.1</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Consent of Independent Registered
Certified Public Accounting Firm</font></p>

<p align=center style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">We
consent to the incorporation by reference in the Registration Statement (Form
S-8 No. 333-36693) pertaining to the Capital City Bank Group, Inc. 401(k) Plan
of our report dated June 27, 2019, with respect to the financial statements and
schedule of the Capital City Bank Group, Inc. 401(k) Plan included in this
Annual Report (Form 11-K) for the year ended December 31, 2018.</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:3.0in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=right style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:right;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">/s/ Ernst &amp; Young LLP</font></p>

<p style="margin-bottom:.0001pt;margin-left:3.5in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:3.5in;margin-right:0in;margin-top:0in;text-indent:.5in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">Tallahassee,
Florida</font></p>

<p style="margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="Times New Roman,serif" lang=EN-US style="font-size:11.0pt;line-height:normal;">June
27, 2019</font></p>




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<p style="margin:0in;margin-bottom:.0001pt;tab-stops:center 3.25in right 6.5in;"><font face=Calibri,sans-serif lang=EN-US style="font-size:11.0pt;">&nbsp;</font></p>


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</DOCUMENT>
</SEC-DOCUMENT>
