XML 65 R52.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Holding Company Condensed Financial Information (Tables) - C&F Financial Corporation | 12 Months Ended
--- | ---
Dec. 31, 2023
Condensed Balance Sheet | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, |
(Dollars in thousands) |  | 2023 |  | 2022 |
Condensed Balance Sheets | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash | ​ | $ | 13,467 | ​ | $ | 22,094 | ​
Other assets | ​ |  | 22,210 | ​ |  | 21,227 | ​
Investment in C&F Bank | ​ |  | 243,409 | ​ |  | 218,262 | ​
Total assets | ​ | $ | 279,086 | ​ | $ | 261,583 | ​
Liabilities and equity | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trust preferred capital notes | ​ | $ | 25,422 | ​ | $ | 25,386 | ​
Long-term borrowings | ​ | ​ | 19,973 | ​ | ​ | 23,965 | ​
Other liabilities | ​ |  | 16,813 | ​ |  | 16,598 | ​
Equity | ​ |  | 216,878 | ​ |  | 195,634 | ​
Total liabilities and equity | ​ | $ | 279,086 | ​ | $ | 261,583 | ​
Condensed Statements of Comprehensive Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, |
(Dollars in thousands) |  | 2023 |  | 2022 |  | 2021 |
Condensed Statements of Comprehensive Income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest expense on borrowings | ​ | $ | (2,246) | ​ | $ | (2,358) | ​ | $ | (2,348) | ​
Dividends received from C&F Bank | ​ |  | 10,600 | ​ |  | 12,500 | ​ |  | 12,500 | ​
Equity in undistributed net income of C&F Bank | ​ |  | 15,552 | ​ |  | 19,292 | ​ |  | 18,653 | ​
Other income | ​ |  | 2,257 | ​ |  | (3,230) | ​ |  | 2,207 | ​
Other expenses | ​ |  | (2,559) | ​ |  | 2,955 | ​ |  | (2,345) | ​
Net income | ​ | ​ | 23,604 | ​ | ​ | 29,159 | ​ | ​ | 28,667 | ​
Other comprehensive income (loss), net of tax | ​ | ​ | 10,271 | ​ | ​ | (34,871) | ​ | ​ | (132) | ​
Comprehensive income (loss) | ​ | $ | 33,875 | ​ | $ | (5,712) | ​ | $ | 28,535 | ​
Condensed Statements of Cash Flows | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, |
(Dollars in thousands) |  | 2023 |  | 2022 |  | 2021 |
Condensed Statements of Cash Flows | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net cash provided by operating activities | ​ | $ | 8,926 | ​ | $ | 9,750 | ​ | $ | 12,001 | ​
Investing activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Swap collateral, net | ​ | ​ | — | ​ | ​ | 2,705 | ​ | ​ | 1,030 | ​
Net cash provided by investing activities | ​ |  | — | ​ |  | 2,705 | ​ |  | 1,030 | ​
Financing activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Repayment of borrowings | ​ | ​ | (4,000) | ​ | ​ | — | ​ | ​ | — | ​
Common stock repurchases | ​ | ​ | (7,758) | ​ | ​ | (5,373) | ​ | ​ | (8,232) | ​
Cash dividends | ​ |  | (5,986) | ​ |  | (5,756) | ​ |  | (5,675) | ​
Other financing activities, net | ​ |  | 191 | ​ |  | 184 | ​ |  | 188 | ​
Net cash used in financing activities | ​ |  | (17,553) | ​ |  | (10,945) | ​ |  | (13,719) | ​
Net (decrease) increase in cash and cash equivalents | ​ |  | (8,627) | ​ |  | 1,510 | ​ |  | (688) | ​
Cash at beginning of year | ​ |  | 22,094 | ​ |  | 20,584 | ​ |  | 21,272 | ​
Cash at end of year | ​ | $ | 13,467 | ​ | $ | 22,094 | ​ | $ | 20,584 | ​
​

X
- Definition Tabular disclosure of condensed statement of comprehensive income (loss) including, but not limited to, statements of comprehensive income (loss) of consolidated entities and consolidation eliminations. + 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_CondensedStatementOfComprehensiveIncomeTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + 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_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + 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_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |