← CITY HOLDING CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $52.1m $54.3m $70.0m $89.4m $89.6m $88.1m $102.1m $114.4m $117.1m $130.5m
Net Income (Loss) Available to Common Stockholders, Basic $52.1m $53.7m $69.3m $88.5m $88.7m $87.2m $101.1m $113.3m $116.0m $129.3m
Amortization of Intangible Assets $597k $540k $506k $2.0m $1.6m $1.5m $1.4m $2.4m $2.4m $2.2m
Depreciation $6.2m $5.9m $5.1m $5.0m $5.8m $5.8m $5.3m $4.6m $4.2m $4.3m
Deferred Income Tax Expense (Benefit) $3.8m $14.9m ($1.2m) $4.9m $2.6m $2.2m $1.5m ($2.8m) $381k ($50k)
Share-based Payment Arrangement, Noncash Expense $2.0m $2.1m $2.2m $2.5m $3.3m $3.1m $3.3m $3.2m $3.5m $3.4m
Share-based Payment Arrangement, Expense $200k $200k $178k $119k $60k $22k $2k — — —
Goodwill, Impairment Loss $0 $0 $0 — $0 $0 $0 $0 $0 $0
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss — — — — — — — $700k $700k —
Gain (Loss) on Disposition of Property Plant Equipment ($836k) ($3.1m) ($3.9m) — — — — — — —
Gain (Loss) on Disposition of Business $0 $0 — — — — — — — —
Income Tax Expense (Benefit) $25.1m $36.4m $18.0m $24.1m $21.7m $23.1m $25.3m $28.7m $27.4m $31.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Other Operating Assets $1.6m ($1.3m) $836k $7.5m $13.8m $8.7m $20.6m ($14.5m) ($5.0m) $18.8m
Provision for Loan, Lease, and Other Losses $4.2m $2.8m ($2.3m) ($1.2m) — — — — — —
Bank Owned Life Insurance Income $3.3m $4.2m $3.1m $3.8m $4.4m $3.9m $5.6m $6.0m $4.0m $3.9m
Increase (Decrease) in Other Operating Liabilities $5.6m ($426k) $5.6m $6.7m $12.0m $11.7m $20.1m ($3.2m) ($7.9m) $9.8m
Gain (Loss) on Sales of Loans, Net $374k $516k $351k $589k $368k $349k $325k $147k $114k $288k
Proceeds from Stock Options Exercised $1.2m $600k $1.2m $526k $223k $691k $798k $0 $694k $0
Debt and Equity Securities, Gain (Loss) — — $0 $69k $62k $312k $4k ($4.9m) ($2.8m) $187k
Debt and Equity Securities, Realized Gain (Loss) — — — — — — — $700k $700k —
Debt Securities, Available-for-sale, Realized Gain (Loss) — — — — — $312k $4k ($4.9m) ($2.8m) $187k
Equipment Expense — $7.7m $7.7m $9.0m $10.2m $10.5m $11.8m $11.6m $13.2m $14.5m
Equity Securities, FV-NI, Unrealized Gain (Loss) — — ($90k) $888k ($863k) $504k ($1.6m) $432k $175k ($588k)
Goodwill $76.2m $76.2m $109.6m $108.9m $108.9m $108.9m $108.9m $149.9m $149.8m $149.8m
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $10.7m ($3.2m) $474k $3.2m $1.8m ($1.4m)
Realized Investment Gains (Losses) $4.0m $4.5m — — — — — — — —
Revenue from Contract with Customer, Including Assessed Tax — — $57.5m $63.8m $61.2m $64.9m $68.1m $69.1m $72.0m $74.3m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement — $104k ($71k) $0 $0 — — ($52k) $62k —
Net Cash Provided by (Used in) Operating Activities $65.3m $77.8m $73.1m $98.6m $89.8m $102.3m $115.8m $137.6m $131.9m $131.4m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $5.5m $6.6m $10.2m $4.7m $5.5m $3.3m $2.1m $3.0m $2.7m $2.9m
Payments to Acquire Businesses, Net of Cash Acquired — $0 — — — — — — — —
Net Cash Provided by (Used in) Investing Activities ($261.3m) ($173.4m) ($164.0m) ($103.3m) ($285.3m) ($191.2m) ($410.5m) $14.7m ($252.3m) ($269.9m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $78.7m $86.3m $88.1m $75.7m $139.2m $291.6m $210.9m $119.1m $169.2m $234.8m
Proceeds from Issuance of Long-term Debt — — — — — — — $100.0m $50.0m $0
Proceeds from Issuance of Common Stock $6.9m $28.4m $0 $0 — — — — — —
Payments for Repurchase of Common Stock $10.0m $0 $20.3m $19.4m $36.5m $58.7m $26.4m $60.1m $17.9m $45.8m
Dividends paid $25.7m $27.1m $29.6m $35.5m $36.7m $36.1m $36.7m $40.0m $43.5m $47.3m
Payments of Dividends $25.7m $27.1m $29.6m $35.5m $36.7m $36.1m $36.7m $40.0m $43.5m $47.3m
Proceeds from (Payments for) Other Financing Activities — — — — ($652k) ($824k) ($762k) $1.1m ($636k) ($742k)
Net Cash Provided by (Used in) Financing Activities $214.0m $89.9m $131.4m $21.8m $584.0m $194.9m ($140.0m) ($196.0m) $189.5m $105.1m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $18.0m ($5.6m) $40.5m $17.2m $388.5m $106.0m ($434.6m) ($43.7m) $69.1m ($33.5m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — $528.7m $634.6m $200.0m $156.3m $225.4m $191.9m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — — — $11.1m $9.5m $49.1m $83.8m $85.8m
Income Taxes Paid, Net — — — — — $18.5m $22.4m $32.8m $28.0m $35.8m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.