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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME        
Net income $ 7,827 $ 6,918 $ 23,082 $ 14,300
Defined benefit plan:        
Reclassification of recognized net actuarial losses into net income1 [1] 61 49 182 148
Related income tax effects (13) (10) (38) (31)
Amortization of prior service credit into net income1 [1] (17) (17) (51) (51)
Related income tax effects 4 4 11 11
Defined benefit plan, net of tax 35 26 104 77
Cash flow hedges:        
Unrealized holding gains (losses) arising during the period 166 127 921 (2,001)
Related income tax effects (43) (32) (237) 515
Amortization of hedging gains into net income2 [2] (1) (3) (5) (9)
Related income tax effects     1 2
Cash flow hedges, net of tax 122 92 680 (1,493)
Securities available for sale:        
Unrealized holding (losses) gains arising during the period (1,112) (261) (3,094) 3,727
Related income tax effects 234 54 650 (783)
Reclassification of net realized gains into net income3 [3] (3) (4) (41) (11)
Related income tax effects 1 1 9 2
Securities available for sale, net of tax (880) (210) (2,476) 2,935
Other comprehensive (loss) income, net of tax (723) (92) (1,692) 1,519
Comprehensive income 7,104 6,826 21,390 15,819
Less comprehensive income attributable to noncontrolling interest 153 125 339 183
Comprehensive income attributable to C&F Financial Corporation $ 6,951 $ 6,701 $ 21,051 $ 15,636
[1] These items are included in the computation of net periodic benefit cost and are included in “Noninterest income – Other income, net” on the Consolidated Statements of Income. See “Note 8: Employee Benefit Plans,” for additional information.
[2] These items are included in “Interest expense – Trust preferred capital notes” on the Consolidated Statements of Income.
[3] These items are included in “Net gains on sales, maturities and calls of available for sale securities” on the Consolidated Statements of Income.