EX-99.1 2 chco03-31x2025ex991x8xka.htm EX-99.1 Document

CITY HOLDING COMPANY AND SUBSIDIARIES
Consolidated Balance Sheets
($ in 000s)
(Unaudited)(Unaudited)(Unaudited)(Unaudited)
March 31,December 31,September 30,June 30,March 31,
20252024202420242024
Assets
Cash and due from banks$135,029 $117,580 $161,333 $141,168 $121,853 
Interest-bearing deposits in depository institutions249,676 107,809 132,616 76,818 196,829 
Cash and cash equivalents384,705 225,389 293,949 217,986 318,682 
Investment securities available-for-sale, at fair value1,416,808 1,421,306 1,462,795 1,456,685 1,347,657 
Other securities29,809 29,803 30,859 31,237 30,681 
Total investment securities1,446,617 1,451,109 1,493,654 1,487,922 1,378,338 
Gross loans4,285,824 4,274,776 4,157,830 4,112,873 4,091,788 
Allowance for credit losses(21,669)(21,922)(21,832)(22,688)(22,310)
Net loans4,264,155 4,252,854 4,135,998 4,090,185 4,069,478 
Bank owned life insurance121,738 120,887 120,061 119,650 118,875 
Premises and equipment, net69,696 70,539 70,651 71,041 71,623 
Accrued interest receivable21,603 20,650 21,785 21,826 21,759 
Net deferred tax assets35,184 41,704 33,497 43,602 43,969 
Intangible assets159,501 160,044 160,640 161,236 161,832 
Other assets119,757 116,283 104,079 127,947 129,627 
Total Assets$6,622,956 $6,459,459 $6,434,314 $6,341,395 $6,314,183 
Liabilities
Deposits:
Noninterest-bearing$1,365,870 $1,344,449 $1,339,538 $1,354,660 $1,359,072 
Interest-bearing:
Demand deposits1,355,806 1,335,220 1,351,239 1,333,169 1,330,268 
Savings deposits1,260,903 1,215,358 1,208,828 1,233,834 1,266,211 
Time deposits1,275,890 1,249,123 1,203,046 1,145,617 1,100,250 
Total deposits5,258,469 5,144,150 5,102,651 5,067,280 5,055,801 
Customer repurchase agreements347,729 325,655 339,153 322,668 304,941 
FHLB long-term advances150,000 150,000 150,000 150,000 150,000 
Other liabilities110,422 108,990 101,211 114,707 121,210 
Total Liabilities$5,866,620 $5,728,795 $5,693,015 $5,654,655 $5,631,952 


Stockholders' Equity
Preferred stock— — — — — 
Common stock47,619 47,619 47,619 47,619 47,619 
Capital surplus174,300 176,506 175,602 174,834 175,747 
Retained earnings871,406 852,757 835,778 817,549 799,024 
Treasury stock(237,038)(230,499)(230,836)(230,944)(218,555)
Accumulated other comprehensive loss:
Unrealized loss on securities available-for-sale(98,509)(114,277)(84,283)(119,737)(119,023)
Underfunded pension liability(1,442)(1,442)(2,581)(2,581)(2,581)
Total Accumulated Other Comprehensive Loss(99,951)(115,719)(86,864)(122,318)(121,604)
Total Stockholders' Equity756,336 730,664 741,299 686,740 682,231 
Total Liabilities and Stockholders' Equity$6,622,956 $6,459,459 $6,434,314 $6,341,395 $6,314,183 
Regulatory Capital
Total CET 1 capital$698,721 $688,707 $669,862 $650,108 $644,235 
Total tier 1 capital698,721 688,707 669,862 650,108 644,235 
Total risk-based capital720,400 709,820 690,857 671,959 665,707 
Total risk-weighted assets4,150,062 4,171,271 4,024,686 4,037,614 3,989,171 




CITY HOLDING COMPANY AND SUBSIDIARIES
Loan Portfolio
(Unaudited) ($ in 000s)
March 31,December 31,September 30,June 30,March 31,
20252024202420242024
Commercial and industrial$423,265 $419,838 $424,414 $408,312 $407,770 
1-4 Family195,641 197,258 194,670 195,992 202,378 
Hotels372,758 389,660 383,232 370,954 354,929 
Multi-family215,546 240,943 193,875 190,390 186,555 
Non Residential Non-Owner Occupied742,323 707,265 665,210 668,330 682,609 
Non Residential Owner Occupied232,732 233,497 236,826 235,993 232,440 
Commercial real estate (1)
1,759,000 1,768,623 1,673,813 1,661,659 1,658,911 
Residential real estate (2)
1,841,851 1,823,610 1,806,578 1,797,260 1,786,764 
Home equity203,253 199,192 190,149 179,607 171,292 
Consumer54,670 57,816 58,710 62,352 63,556 
DDA overdrafts3,785 5,697 4,166 3,683 3,495 
Gross Loans$4,285,824 $4,274,776 $4,157,830 $4,112,873 $4,091,788 
Construction loans included in:
(1) - Commercial real estate loans$25,683 $24,681 $2,736 $2,233 $6,651 
(2) - Residential real estate loans5,276 7,547 7,604 9,766 19,709