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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income      
Interest and fees on loans $ 88,118 $ 90,992 $ 87,519
Interest on interest-bearing deposits and federal funds sold 254 713 2,179
Interest and dividends on securities      
U.S. government agencies and corporations 705 463 427
Mortgage-backed securities 1,972 2,109 2,210
Tax-exempt obligations of states and political subdivisions 1,678 1,984 2,110
Taxable obligations of states and political subdivisions 386 406 358
Other 615 246 207
Total interest income 93,728 96,913 95,010
Interest expense      
Savings and interest-bearing deposits 1,409 1,614 2,298
Time deposits 4,028 8,020 6,796
Borrowings 1,771 2,592 4,327
Trust preferred capital notes 1,151 1,156 1,135
Total interest expense 8,359 13,382 14,556
Net interest income 85,369 83,531 80,454
Provision for loan losses 575 11,080 8,515
Net interest income after provision for loan losses 84,794 72,451 71,939
Noninterest income      
Gains on sales of loans 22,279 29,224 10,603
Mortgage banking fee income 6,482 7,713 4,700
Interchange income 5,740 4,768 4,203
Service charges on deposit accounts 3,718 3,357 3,923
Wealth management services income, net 2,761 2,618 2,029
Mortgage lender services income 2,492 2,176 390
Other service charges and fees 1,585 1,551 1,496
Net gains on sales, maturities and calls of available for sale securities 42 38 10
Other income, net 4,064 3,162 4,089
Total noninterest income 49,163 54,607 31,443
Noninterest expenses      
Salaries and employee benefits 58,581 57,668 47,201
Occupancy 8,859 8,639 7,912
Early debt repayment charges   2,197  
Other 28,435 29,335 24,337
Total noninterest expenses 95,875 97,839 79,450
Income (loss) before taxes 38,082 29,219 23,932
Income tax expense 8,959 6,795 5,082
Net income 29,123 22,424 18,850
Less net income (loss) attributable to noncontrolling interest 456 307 (9)
Net income attributable to C&F Financial Corporation $ 28,667 $ 22,117 $ 18,859
Net income per share - basic (in dollars per share) $ 7.95 $ 6.06 $ 5.47
Net income per share - diluted (in Dollars per share) $ 7.95 $ 6.06 $ 5.47