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City Holding Company (Parent Company Only) Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2024
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,
| 2024 | 2023
Assets |  |
Cash | $ | 117,331 |  | $ | 63,988 |
Investment securities available for sale, at fair value | 382 |  | 1,781 |
Investment in subsidiaries | 624,363 |  | 620,757 |
Loans, net | 305 |  | 372 |
Deferred tax asset, net | 279 |  | 182 |
Other assets | 534 |  | 1,193 |
Total Assets | $ | 743,194 |  | $ | 688,273 |
Liabilities |  |
Dividends payable | $ | 11,853 |  | $ | 10,692 |
Other liabilities | 677 |  | 515 |
Total Liabilities | 12,530 |  | 11,207 |
Total Shareholders’ Equity | 730,664 |  | 677,066 |
Total Liabilities and Shareholders’ Equity | $ | 743,194 |  | $ | 688,273 |
Condensed Statements Of Comprehensive Income | The following table presents the condensed statements of comprehensive income (loss) of City Holding Company, parent company only (in thousands):
| Year Ended December 31,
| 2024 | 2023 | 2022
Income |  |  |
Dividends from subsidiaries | $ | 113,000 |  | $ | 108,895 |  | $ | 90,500 |
Realized and unrealized investment securities gains (losses) | 149 |  | (302) |  | (52) |
Other income | 181 |  | 98 |  | 99 |
| 113,330 |  | 108,691 |  | 90,547 |
Expenses |  |  |
Other expenses | 2,399 |  | 2,024 |  | 2,077 |
| 2,399 |  | 2,024 |  | 2,077 |
Income Before Income Tax Benefit and Equity in Undistributed Net Income (Excess Dividends) of Subsidiaries | 110,931 |  | 106,667 |  | 88,470 |
Income tax benefit | (567) |  | (650) |  | (604) |
Income Before Equity in Undistributed Net Income (Excess Dividends) of Subsidiaries | 111,498 |  | 107,317 |  | 89,074 |
Equity in undistributed net income (excess dividends) of subsidiaries | 5,603 |  | 7,048 |  | 12,997 |
Net Income | $ | 117,101 |  | $ | 114,365 |  | $ | 102,071 |
Total Comprehensive Income (Loss) | $ | 111,921 |  | $ | 135,316 |  | $ | (43,677) |
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,
| 2024 | 2023 | 2022
Operating Activities |  |  |
Net income | $ | 117,101 |  | $ | 114,365 |  | $ | 102,071 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
Unrealized and realized investment securities (gains) losses | (149) |  | 302 |  | 52 |
(Benefit) provision for deferred income taxes | (97) |  | (150) |  | (136) |
Stock based compensation | 3,522 |  | 3,213 |  | 3,277 |
Change in other assets | 660 |  | 128 |  | (465) |
Change in other liabilities | (3,022) |  | (4,134) |  | (1,851) |
(Equity in undistributed net income) excess dividends of subsidiaries | (5,603) |  | (7,048) |  | (12,997) |
Net Cash Provided by Operating Activities | 112,412 |  | 106,676 |  | 89,951 |
Investing Activities |  |  |
Proceeds from sales of available for sale securities | — |  | — |  | 61 |
Proceeds from sales of other investments | 1,548 |  | 447 |  | — |
Net decrease in loans | 67 |  | 52 |  | 55 |
Acquisition of Citizens Commerce Bancshares, Inc. | — |  | 2,343 |  | — |
Net Cash Provided by Investing Activities | 1,615 |  | 2,842 |  | 116 |
Financing Activities |  |  |
Dividends paid | (43,482) |  | (39,993) |  | (36,702) |
Purchases of treasury stock | (17,896) |  | (60,134) |  | (26,449) |
Exercise of stock options | 694 |  | — |  | 797 |
Net Cash Used in Financing Activities | (60,684) |  | (100,127) |  | (62,354) |
Increase in Cash and Cash Equivalents | 53,343 |  | 9,391 |  | 27,713 |
Cash and cash equivalents at beginning of year | 63,988 |  | 54,597 |  | 26,884 |
Cash and Cash Equivalents at End of Year | $ | 117,331 |  | $ | 63,988 |  | $ | 54,597 |

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