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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income    
Interest and fees on loans $ 29,586 $ 26,060
Interest on interest-bearing deposits and federal funds sold 259 176
Interest and dividends on securities    
U.S. treasury, government agencies and corporations 602 1,035
Mortgage-backed securities 886 947
Tax-exempt obligations of states and political subdivisions 883 618
Taxable obligations of states and political subdivisions 184 184
Corporate and other 308 285
Total interest income 32,708 29,305
Interest expense    
Savings and interest-bearing deposits 1,614 1,209
Time deposits 6,916 1,820
Borrowings 722 1,025
Trust preferred capital notes 298 293
Total interest expense 9,550 4,347
Net interest income 23,158 24,958
Provision for credit losses 3,500 2,050
Net interest income after provision for credit losses 19,658 22,908
Noninterest income    
Gains on sales of loans 1,288 1,794
Interchange income 1,475 1,520
Service charges on deposit accounts 1,047 1,048
Investment income from other equity interests 167 113
Mortgage banking fee income 479 494
Wealth management services income, net 731 614
Mortgage lender services income 503 451
Other service charges and fees 396 391
Net (losses) gains on sales, maturities and calls of available for sale securities   (5)
Other income, net 1,406 1,217
Total noninterest income 7,492 7,637
Noninterest expenses    
Salaries and employee benefits 14,252 13,898
Occupancy 2,132 2,044
Data processing 2,829 2,682
Professional fees 915 595
Insurance Expense 406 396
Marketing and advertising expenses 168 401
Mortgage banking loan processing expenses 184 258
Other 2,264 2,321
Total noninterest expenses 23,150 22,595
Income (loss) before taxes 4,000 7,950
Income tax expense 565 1,453
Net income (loss) 3,435 6,497
Less net income attributable to noncontrolling interest 34 56
Net income attributable to C&F Financial Corporation $ 3,401 $ 6,441
Net income per share - basic (in dollars per share) $ 1.01 $ 1.86
Net income per share - diluted (in dollars per share) $ 1.01 $ 1.86