CITY HOLDING CO
For the period ended Mar 31, 2024. Filed May 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
CHCO$141.49-0.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Shareholders’ Equity
Consolidated Statements of Changes in Shareholders’ Equity (Unaudited)
Three Months Ended March 31, 2024 and 2023
(in thousands, except share amounts)
| Common Stock | Capital Surplus | Retained Earnings | Treasury Stock | Accumulated Other Comprehensive (Loss) | Total Shareholders’ Equity | |
|---|---|---|---|---|---|---|
| Balance at December 31, 2022 | $47,619 | $170,980 | $706,696 | $(215,955) | $(131,488) | $577,852 |
| Adoption of ASU No. 2022-02 | — | — | 175 | — | — | $175 |
| Balances at January 1, 2023 | 47,619 | 170,980 | 706,871 | (215,955) | (131,488) | 578,027 |
| Net income | — | — | 24,341 | — | — | 24,341 |
| Other comprehensive income, net of tax | — | — | — | — | 15,099 | 15,099 |
| Cash dividends declared ($0.65 per share) | — | — | (9,485) | — | — | (9,485) |
| Stock-based compensation expense | — | 1,093 | — | — | — | 1,093 |
| Restricted awards granted | — | (2,118) | — | 2,118 | — | — |
| Purchase of 218,249 treasury shares | — | — | — | (20,103) | — | (20,103) |
| Acquisition of Citizens Commerce Bancshares, Inc. | $— | $7,574 | $— | $54,504 | $— | 62,078 |
| Balance at March 31, 2023 | $47,619 | $177,529 | $721,727 | $(179,436) | $(116,389) | $651,050 |
| Common Stock | Capital Surplus | Retained Earnings | Treasury Stock | Accumulated Other Comprehensive (Loss) | Total Shareholders’ Equity | |
|---|---|---|---|---|---|---|
| Balance at December 31, 2023 | $47,619 | $177,424 | $780,299 | $(217,737) | $(110,539) | $677,066 |
| Net income | — | — | 29,523 | — | — | 29,523 |
| Other comprehensive loss, net of tax | — | — | — | — | (11,065) | (11,065) |
| Cash dividends declared ($0.72 per share) | — | — | (10,798) | — | — | (10,798) |
| Stock-based compensation expense | — | (1,609) | — | 2,709 | — | 1,100 |
| Restricted awards granted | — | (9) | — | 9 | — | — |
| Exercise of 1,309 stock options | — | (59) | — | 117 | — | 58 |
| Purchase of 36,438 treasury shares | — | — | — | (3,653) | — | (3,653) |
| Balance at March 31, 2024 | $47,619 | $175,747 | $799,024 | $(218,555) | $(121,604) | $682,231 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.