Trade City Holding - CHCO CFD

About City Holding Company

City Holding Company is a financial holding company. The Company conducts its principal activities through its subsidiary, City National Bank of West Virginia (City National). City National provides banking, trust and investment management and other financial solutions through its network of approximately 94 bank branches located in West Virginia, Kentucky, Virginia and south-eastern Ohio. City National provides credit, deposit, and trust and investment management services to its customers in a geographical area that includes many rural and small community markets. City National’s loan portfolio consists of commercial and industrial, commercial real estate, residential real estate, home equity, consumer loans and demand deposit account (DDA) overdrafts. City National's delivery channels include automated-teller-machines (ATMs), interactive-teller machines (ITMs), mobile banking, debit cards, interactive voice response systems, and Internet technology.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, City Holding Company interest income decreased 7% to $165.5M. Net interest income after loan loss provision increased 3% to $158.7M. Net income applicable to common stockholders decreased 2% to $87.2M. Net interest income after loan loss provision reflects Interest and dividends on investment sec increase of 28% to $5M, Interest on deposits in depository insti increase of 41% to $693K.

Equity composition

Common Stock $2.5 Par, 12/10, 50M auth., 18,499,282 issd., less 2,994,501 shs. in Treas. @ $102.8M. Insiders own 4.67%. Public Offering: N/A. 8/92, 12/94, 10/95 & 10/96, 10% stock dividends. 5/05, Co. acquired Classic Bancshares, Inc @ $11.8/sh & 0.9624 shs of CHCO (1,538,221 shs. issd.).