CITY HOLDING CO
For the period ended Mar 31, 2024. Filed May 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
CHCO$141.49-0.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share amounts)
| (Unaudited) | ||
|---|---|---|
| March 31, 2024 | December 31, 2023 | |
| Assets | ||
| Cash and due from banks | $121,853 | $123,033 |
| Interest-bearing deposits in depository institutions | 196,829 | 33,243 |
| Cash and Cash Equivalents | 318,682 | 156,276 |
| Investment securities available for sale, at fair value (amortized cost $1,503,572 and $1,479,545, net of allowance for credit losses of $0 at March 31, 2024 and December 31, 2023, respectively) | 1,347,657 | 1,338,137 |
| Other securities | 30,681 | 30,966 |
| Total Investment Securities | 1,378,338 | 1,369,103 |
| Gross loans | 4,091,788 | 4,125,923 |
| Allowance for credit losses | (22,310) | (22,745) |
| Net Loans | 4,069,478 | 4,103,178 |
| Bank owned life insurance | 118,875 | 118,122 |
| Premises and equipment, net | 71,623 | 72,146 |
| Accrued interest receivable | 21,759 | 20,290 |
| Deferred tax assets, net | 43,969 | 42,216 |
| Goodwill and other intangible assets, net | 161,832 | 162,568 |
| Other assets | 129,627 | 124,153 |
| Total Assets | $6,314,183 | $6,168,052 |
| Liabilities | ||
| Deposits: | ||
| Noninterest-bearing | $1,359,072 | $1,342,804 |
| Interest-bearing: | ||
| Demand deposits | 1,330,268 | 1,291,011 |
| Savings deposits | 1,266,211 | 1,259,457 |
| Time deposits | 1,100,250 | 1,040,990 |
| Total Deposits | 5,055,801 | 4,934,262 |
| Short-term borrowings: | ||
| FHLB short-term advances | — | 25,000 |
| Securities sold under agreements to repurchase | 304,941 | 309,856 |
| FHLB long-term advances | 150,000 | 100,000 |
| Other liabilities | 121,210 | 121,868 |
| Total Liabilities | 5,631,952 | 5,490,986 |
| Commitments and contingencies - see Note I | ||
| Shareholders’ Equity | ||
| Preferred stock, par value $25 per share: 500,000 shares authorized; none issued | — | — |
| Common stock, par value $2.50 per share: 50,000,000 shares authorized; 19,047,548 shares issued at March 31, 2024 and December 31, 2023, less 4,222,772 and 4,215,731 shares in treasury, respectively | 47,619 | 47,619 |
| Capital surplus | 175,747 | 177,424 |
| Retained earnings | 799,024 | 780,299 |
| Treasury Stock | (218,555) | (217,737) |
| Accumulated other comprehensive (loss) income: | ||
| Unrealized (loss) on securities available-for-sale | (119,023) | (107,958) |
| Underfunded pension liability | (2,581) | (2,581) |
| Total Accumulated Other Comprehensive (Loss) | (121,604) | (110,539) |
| Total Shareholders’ Equity | 682,231 | 677,066 |
| Total Liabilities and Shareholders’ Equity | $6,314,183 | $6,168,052 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.