XML 87 R61.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Parent Company Only Financial Statements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Parent Company Only Financial Statements |
Condensed Statements | Parent company only financial information for National Bank Holdings Corporation is summarized as follows: ​ Condensed Statements of Financial Condition ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024 | ​ | December 31, 2023
ASSETS | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents | ​ | $ | 105,278 | ​ | $ | 77,853
Non-marketable securities | ​ | ​ | 29,830 | ​ | ​ | 33,144
Investment in subsidiaries | ​ | ​ | 1,203,495 | ​ | ​ | 1,139,290
Other assets | ​ | ​ | 31,007 | ​ | ​ | 30,528
Total assets | ​ | $ | 1,369,610 | ​ | $ | 1,280,815
LIABILITIES AND STOCKHOLDERS' EQUITY | ​ | ​ | ​ | ​ | ​ | ​
Long-term debt, net | ​ | $ | 54,511 | ​ | $ | 54,200
Other liabilities | ​ | ​ | 10,024 | ​ | ​ | 13,808
Total liabilities | ​ | ​ | 64,535 | ​ | ​ | 68,008
Shareholders' equity | ​ | ​ | 1,305,075 | ​ | ​ | 1,212,807
Total liabilities and shareholders' equity | ​ | $ | 1,369,610 | ​ | $ | 1,280,815
​ Condensed Statements of Operations ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the years ended December 31,
​ | ​ | 2024 | ​ | 2023 | ​ | 2022
Income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity in undistributed earnings of subsidiaries | ​ | $ | 55,848 | ​ | $ | 92,990 | ​ | $ | 30,260
Distributions from subsidiaries | ​ | ​ | 75,000 | ​ | ​ | 62,000 | ​ | ​ | 52,000
Loss from non-marketable securities | ​ | ​ | (3,088) | ​ | ​ | (4,431) | ​ | ​ | (262)
Total income | ​ | $ | 127,760 | ​ | $ | 150,559 | ​ | $ | 81,998
Expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest expense | ​ | $ | 2,073 | ​ | $ | 2,073 | ​ | $ | 1,519
Salaries and benefits | ​ | ​ | 8,126 | ​ | ​ | 7,318 | ​ | ​ | 6,138
Other expenses | ​ | ​ | 3,021 | ​ | ​ | 3,382 | ​ | ​ | 6,433
Total expenses | ​ | ​ | 13,220 | ​ | ​ | 12,773 | ​ | ​ | 14,090
Income before income taxes | ​ | ​ | 114,540 | ​ | ​ | 137,786 | ​ | ​ | 67,908
Income tax benefit | ​ | ​ | (4,275) | ​ | ​ | (4,262) | ​ | ​ | (3,366)
Net income | ​ | $ | 118,815 | ​ | $ | 142,048 | ​ | $ | 71,274
​ Condensed Statements of Cash Flows ​ ​ ​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the years ended December 31,
​ | ​ | 2024 | ​ | 2023 | ​ | 2022
Cash flows from operating activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 118,815 | ​ | $ | 142,048 | ​ | $ | 71,274
Adjustments to reconcile net income to net cash provided by operating activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity in undistributed earnings of subsidiaries | ​ | ​ | (55,848) | ​ | ​ | (92,990) | ​ | ​ | (30,260)
Stock-based compensation expense | ​ | ​ | 8,048 | ​ | ​ | 7,222 | ​ | ​ | 6,059
Amortization | ​ | ​ | 311 | ​ | ​ | 310 | ​ | ​ | 158
Other | ​ | ​ | (2,599) | ​ | ​ | 15,833 | ​ | ​ | (221)
Net cash provided by operating activities | ​ | ​ | 68,727 | ​ | ​ | 72,423 | ​ | ​ | 47,010
Cash flows from investing activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash paid for acquisitions | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (67,128)
Investment in subsidiary | ​ | ​ | (2,000) | ​ | ​ | — | ​ | ​ | —
Sales (purchases) of non-marketable securities, net | ​ | ​ | 103 | ​ | ​ | (1,773) | ​ | ​ | (11,471)
Net cash used in investing activities | ​ | ​ | (1,897) | ​ | ​ | (1,773) | ​ | ​ | (78,599)
Cash flows from financing activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Issuance of stock under purchase and equity compensation plans | ​ | ​ | (1,515) | ​ | ​ | (1,534) | ​ | ​ | (1,481)
Proceeds from exercise of stock options | ​ | ​ | 3,555 | ​ | ​ | 617 | ​ | ​ | 1,102
Payment of dividends | ​ | ​ | (42,945) | ​ | ​ | (39,644) | ​ | ​ | (30,447)
Net cash used in financing activities | ​ | ​ | (40,905) | ​ | ​ | (40,561) | ​ | ​ | (30,826)
Net increase (decrease) in cash, cash equivalents and restricted cash | ​ | ​ | 25,925 | ​ | ​ | 30,089 | ​ | ​ | (62,415)
Cash, cash equivalents and restricted cash at beginning of the year | ​ | ​ | 79,353 | ​ | ​ | 49,264 | ​ | ​ | 111,679
Cash, cash equivalents and restricted cash at end of the year | ​ | $ | 105,278 | ​ | $ | 79,353 | ​ | $ | 49,264
​

X
- References No definition available. + Details
Name: | srt_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed financial statements, including, but not limited to, the balance sheet, income statement, and statement of cash flows. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph a -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 + Details
Name: | srt_ScheduleOfCondensedFinancialStatementsTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration