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City Holding Company (Parent Company Only) Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Condensed Balance Sheets | The following table presents the condensed balance sheets of City Holding Company, parent company only (in thousands):
| December 31
| 2018 | 2017
Assets |  |
Cash | $ | 20,621 |  | $ | 59,031 |
Securities available-for-sale | 5,908 |  | 5,699 |
Investment in subsidiaries | 583,673 |  | 459,150 |
Loans | 701 |  | — |
Fixed assets | 5 |  | 6 |
Other assets | 3,316 |  | 2,989 |
Total Assets | $ | 614,224 |  | $ | 526,875 |
Liabilities |  |
Junior subordinated debentures | $ | 4,053 |  | $ | 16,495 |
Dividends payable | 8,774 |  | 7,184 |
Deferred tax liability | 366 |  | 436 |
Other liabilities | 267 |  | 253 |
Total Liabilities | 13,460 |  | 24,368 |
Total Shareholders’ Equity | 600,764 |  | 502,507 |
Total Liabilities and Shareholders’ Equity | $ | 614,224 |  | $ | 526,875 |
Condensed Statements Of Comprehensive Income | The following table presents the condensed statements of comprehensive income of City Holding Company, parent company only (in thousands):
| Year Ended December 31
| 2018 | 2017 | 2016
Income |  |  |
Dividends from subsidiaries | $ | 50,000 |  | $ | 30,000 |  | $ | 8,600 |
Realized investment securities gains | — |  | 200 |  | — |
Unrealized gains recognized on securities still held | 208 |  | — |  | — |
Other income | 130 |  | 115 |  | 320 |
| 50,338 |  | 30,315 |  | 8,920 |
Expenses |  |  |
Interest expense | 880 |  | 765 |  | 683 |
Merger related expenses | 1,899 |  | — |  | — |
Other expenses | 1,842 |  | 1,636 |  | 1,957 |
| 4,621 |  | 2,401 |  | 2,640 |
Income Before Income Tax Benefit and Equity in Undistributed Net Income of Subsidiaries | 45,717 |  | 27,914 |  | 6,280 |
Income tax benefit | (1,114 | ) | (1,197 | ) | (1,096 | )
Income Before Equity in Undistributed Net Income of Subsidiaries | 46,831 |  | 29,111 |  | 7,376 |
Equity in undistributed net income of subsidiaries | 23,171 |  | 25,199 |  | 44,752 |
Net Income | $ | 70,002 |  | $ | 54,310 |  | $ | 52,128 |
Total Comprehensive Income | $ | 63,821 |  | $ | 56,677 |  | $ | 48,948 |
Condensed Statements Of Cash Flows | The following table presents the condensed statements of cash flows of City Holding Company, parent company only (in thousands):
| Year Ended December 31
| 2018 | 2017 | 2016
Operating Activities |  |  |
Net income | $ | 70,002 |  | $ | 54,310 |  | $ | 52,128 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Unrealized and realized investment securities losses (gains) | (208 | ) | (200 | ) | — |
(Benefit) provision for deferred income taxes | (88 | ) | 1,347 |  | (241 | )
Depreciation, amortization and accretion, net | 1 |  | 1 |  | (4 | )
Stock based compensation | 2,151 |  | 2,097 |  | 2,018 |
Asset write down | 193 |  | — |  | 444 |
Change in other assets | 2,668 |  | (405 | ) | 260 |
Change in other liabilities | (1,816 | ) | (1,660 | ) | (2,288 | )
Equity in undistributed net income | (23,171 | ) | (25,199 | ) | (44,752 | )
Net Cash Provided by Operating Activities | 49,732 |  | 30,291 |  | 7,565 |
Investing Activities |  |  |
Proceeds from sales of available for sale securities | — |  | 200 |  | — |
Acquisition of Farmers Deposit Bancorp, Inc., net of cash acquired of $946 | (23,954 | ) | — |  | — |
Acquisition of Poage Bankshares, Inc., net of cash acquired of $518 | 502 |  | — |  | — |
Net Cash (Used in) Provided by Investing Activities | (23,452 | ) | 200 |  | — |
Financing Activities |  |  |
Repayment of long-term debt | (16,495 | ) | — |  | — |
Proceeds from sale of capital securities | 495 |  | — |  | — |
Dividends paid | (29,583 | ) | (27,120 | ) | (25,718 | )
Issuance of common stock | — |  | 28,408 |  | 6,864 |
Purchases of treasury stock | (20,271 | ) | — |  | (10,018 | )
Exercise of stock options | 1,164 |  | 732 |  | 1,155 |
Net Cash (Used in) Provided by Financing Activities | (64,690 | ) | 2,020 |  | (27,717 | )
(Decrease) Increase in Cash and Cash Equivalents | (38,410 | ) | 32,511 |  | (20,152 | )
Cash and cash equivalents at beginning of year | 59,031 |  | 26,520 |  | 46,672 |
Cash and Cash Equivalents at End of Year | $ | 20,621 |  | $ | 59,031 |  | $ | 26,520 |

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