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City Holding Company (Parent Company Only) Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2021
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
| 2021 | 2020
Assets |  |
Cash | $ | 26,884 |  | $ | 22,335 |
Securities available-for-sale | 2,644 |  | 5,267 |
Investment in subsidiaries | 659,945 |  | 681,744 |
Loans | 479 |  | 624 |
Fixed assets | 9 |  | 15 |
Other assets | 849 |  | 932 |
Total Assets | $ | 690,810 |  | $ | 710,917 |
Liabilities |  |
Dividends payable | $ | 9,249 |  | $ | 9,145 |
Deferred tax liability | 104 |  | 298 |
Other liabilities | 352 |  | 368 |
Total Liabilities | 9,705 |  | 9,811 |
Total Shareholders’ Equity | 681,105 |  | 701,106 |
Total Liabilities and Shareholders’ Equity | $ | 690,810 |  | $ | 710,917 |
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
| 2021 | 2020 | 2019
Income |  |  |
Dividends from subsidiaries | $ | 96,000 |  | $ | 74,300 |  | $ | 58,000 |
Realized and unrealized investment securities gains (losses) | 820 |  | (1,018) |  | 425 |
Other income | 191 |  | 183 |  | 151 |
| 97,011 |  | 73,465 |  | 58,576 |
Expenses |  |  |
Interest expense | — |  | 100 |  | 182 |
Other expenses | 1,610 |  | 1,810 |  | 1,794 |
| 1,610 |  | 1,910 |  | 1,976 |
Income Before Income Tax Benefit and (Excess Dividends) Equity in Undistributed Net Income of Subsidiaries | 95,401 |  | 71,555 |  | 56,600 |
Income tax benefit | (264) |  | (760) |  | (455) |
Income Before (Excess Dividends) Equity in Undistributed Net Income of Subsidiaries | 95,665 |  | 72,315 |  | 57,055 |
(Excess dividends) Equity in undistributed net income of subsidiaries | (7,585) |  | 17,280 |  | 32,297 |
Net Income | $ | 88,080 |  | $ | 89,595 |  | $ | 89,352 |
Total Comprehensive Income | $ | 71,107 |  | $ | 114,988 |  | $ | 109,674 |
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
| 2021 | 2020 | 2019
Operating Activities |  |  |
Net income | $ | 88,080 |  | $ | 89,595 |  | $ | 89,352 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Unrealized and realized investment securities (gains) losses | (820) |  | 1,018 |  | (425) |
(Benefit) provision for deferred income taxes | (194) |  | (255) |  | 173 |
Depreciation, amortization and accretion, net | — |  | 1 |  | 3 |
Stock based compensation | 3,121 |  | 3,253 |  | 2,516 |
Change in other assets | 89 |  | (284) |  | 2,696 |
Change in other liabilities | (2,775) |  | (2,936) |  | (2,060) |
Excess dividends of subsidiaries (equity in undistributed net income) | 7,585 |  | (17,280) |  | (32,297) |
Net Cash Provided by Operating Activities | 95,086 |  | 73,112 |  | 59,958 |
Investing Activities |  |  |
Proceeds from sales of available for sale securities | 3,443 |  | — |  | 6 |
Net decrease in loans | 145 |  | 39 |  | 38 |
Net Cash Provided by Investing Activities | 3,588 |  | 39 |  | 44 |
Financing Activities |  |  |
Repayment of long-term debt | — |  | (4,056) |  | — |
Dividends paid | (36,138) |  | (36,673) |  | (35,547) |
Purchases of treasury stock | (58,678) |  | (36,481) |  | (19,431) |
Exercise of stock options | 691 |  | 223 |  | 526 |
Net Cash Used in Financing Activities | (94,125) |  | (76,987) |  | (54,452) |
Increase (Decrease) in Cash and Cash Equivalents | 4,549 |  | (3,836) |  | 5,550 |
Cash and cash equivalents at beginning of year | 22,335 |  | 26,171 |  | 20,621 |
Cash and Cash Equivalents at End of Year | $ | 26,884 |  | $ | 22,335 |  | $ | 26,171 |

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