XML 19 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME      
Net income $ 29,123 $ 22,424 $ 18,850
Defined benefit plan:      
Net actuarial gains (losses) arising during the period 2,274 (1,706) (409)
Related income tax effects (478) 358 86
Reclassification of recognized net actuarial losses into net income1 [1] 1,504 197 187
Related income tax effects (316) (42) (38)
Amortization of prior service credit into net income1 [1] (68) (66) (68)
Related income tax effects 14 14 14
Defined benefit plan, net of tax 2,930 (1,245) (228)
Cash flow hedges:      
Unrealized holding gains (losses) arising during the period 1,216 (1,737) (325)
Related income tax effects (313) 447 84
Amortization of hedging gains into net income2 [2] (7) (11) (56)
Related income tax effects 2 3 14
Cash flow hedges, net of tax 898 (1,298) (283)
Securities available for sale:      
Unrealized holding (losses) gains arising during the period (4,971) 3,629 3,724
Related income tax effects 1,044 (762) (782)
Reclassification of net realized gains into net income3 [3] (42) (38) (10)
Related income tax effects 9 8 2
Securities available for sale, net of tax (3,960) 2,837 2,934
Other comprehensive (loss) income, net of tax (132) 294 2,423
Comprehensive income 28,991 22,718 21,273
Less comprehensive income (loss) attributable to noncontrolling interest 456 307 (9)
Comprehensive income attributable to C&F Financial Corporation $ 28,535 $ 22,411 $ 21,282
[1] These items are included in the computation of net periodic benefit cost and are included in “Noninterest expenses-Other” on the Consolidated Statements of Income. See “Note 14: 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