C & f financial corp (CFFI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest income
Interest and fees on loans

22,897

22,022

22,254

22,323

20,920

21,413

21,673

20,626

20,817

20,698

20,971

20,697

20,368

20,964

21,145

20,636

20,206

20,414

21,067

19,603

19,018

19,841

20,050

19,849

19,467

20,353

18,325

17,918

17,819

18,363

18,284

17,824

17,476

17,571

17,611

17,043

16,346

16,530

16,146

Interest on interest-bearing deposits and federal funds sold

598

548

460

582

589

553

527

553

464

327

314

278

209

100

89

143

177

94

84

86

100

90

92

115

81

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and dividends on securities
Interest on money market investments and federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

38

23

-

2

5

8

8

7

16

15

9

9

U.S. government agencies and corporations

126

116

109

101

101

96

90

88

87

87

89

86

78

70

71

85

101

103

117

118

128

134

172

190

194

189

111

100

106

115

49

52

57

127

50

55

51

63

80

Mortgage-backed securities

520

504

528

567

611

619

583

566

546

685

380

370

338

297

292

312

334

323

312

299

299

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax-exempt obligations of states and political subdivisions

496

467

504

556

583

639

675

696

715

761

773

817

863

891

916

954

981

1,006

1,030

1,047

1,079

1,137

1,094

1,059

1,127

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxable obligations of states and political subdivisions

92

86

86

93

93

90

84

74

71

66

64

60

52

51

50

45

46

46

46

50

42

-

92

46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Corporate bonds and other

-

-

-

-

-

-

-

-

-

-

112

115

113

120

115

128

120

132

122

147

137

-825

338

453

425

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax-exempt obligations of states and political subdivisions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,149

1,136

1,142

-

1,141

1,186

1,187

1,218

1,222

1,225

1,194

1,105

1,099

Other

49

48

51

54

54

52

59

48

44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41

38

33

-

29

31

28

-53

28

30

26

29

28

Total interest income

24,778

23,791

23,992

24,276

22,951

23,462

23,691

22,651

22,744

22,446

22,703

22,423

22,021

22,493

22,678

22,303

21,965

22,118

22,778

21,350

20,803

21,651

21,838

21,712

21,294

22,205

19,654

19,230

19,123

19,605

19,505

19,098

18,756

18,871

18,918

18,369

17,632

17,736

17,362

Interest expense
Savings and interest-bearing deposits

586

561

538

597

602

478

411

348

364

315

292

281

287

265

254

267

292

271

270

274

275

254

241

248

272

294

168

186

219

190

184

197

253

249

247

274

332

277

226

Time deposits

2,299

1,998

1,868

1,624

1,306

1,128

1,020

981

956

939

907

879

848

871

832

802

809

817

816

790

681

699

745

780

841

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Certificates of deposit, $100 or more

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

358

354

375

-

452

547

640

671

677

663

673

782

841

Other time deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

458

468

485

-

565

637

724

763

785

819

850

972

1,006

Borrowings

1,001

1,005

1,091

1,120

1,111

1,087

1,081

1,048

973

952

992

906

852

835

859

861

878

856

879

817

786

848

889

878

870

899

896

885

881

899

960

967

973

985

975

966

966

1,047

996

Trust preferred capital notes

289

268

272

310

285

291

291

287

283

289

300

279

283

285

287

288

283

284

294

295

289

247

241

235

237

245

189

189

188

240

250

248

249

250

247

246

243

256

249

Total interest expense

4,175

3,832

3,769

3,651

3,304

2,984

2,803

2,664

2,576

2,495

2,491

2,345

2,270

2,256

2,232

2,218

2,262

2,228

2,259

2,176

2,031

2,048

2,116

2,141

2,220

2,324

2,069

2,082

2,148

2,265

2,411

2,596

2,839

2,918

2,931

2,968

3,064

3,334

3,318

Net interest income

20,603

19,959

20,223

20,625

19,647

20,478

20,888

19,987

20,168

19,951

20,212

20,078

19,751

20,237

20,446

20,085

19,703

19,890

20,519

19,174

18,772

19,603

19,722

19,571

19,074

19,881

17,585

17,148

16,975

17,340

17,094

16,502

15,917

15,953

15,987

15,401

14,568

14,402

14,044

Provision for loan losses

2,650

2,510

1,800

1,810

2,395

3,306

2,400

2,000

3,300

4,500

4,435

3,100

4,400

4,915

4,925

3,600

4,600

5,700

4,142

2,155

3,515

5,415

4,140

3,265

3,510

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,840

3,120

3,180

-

2,965

2,860

2,725

3,875

4,075

3,390

2,820

3,719

3,300

Net interest income after provision for loan losses

17,953

17,449

18,423

18,815

17,252

17,172

18,488

17,987

16,868

15,451

15,777

16,978

15,351

15,322

15,521

16,485

15,103

14,190

16,377

17,019

15,257

14,188

15,582

16,306

15,564

14,936

13,745

14,028

13,795

13,485

14,129

13,642

13,192

12,078

11,912

12,011

11,748

10,683

10,744

Noninterest income
Gains on sales of loans

3,676

2,307

3,205

2,955

2,136

1,442

1,752

2,408

2,239

1,835

2,156

2,619

1,943

1,539

2,299

2,552

1,730

1,533

1,156

2,002

1,645

1,083

1,188

1,646

1,169

464

1,790

3,577

1,701

-660

2,618

1,631

4,103

-5,559

4,282

3,696

3,800

4,865

4,679

Mortgage banking fee income

1,305

-

-

-

769

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interchange income

1,089

1,069

1,105

1,071

958

1,014

981

981

906

-

850

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

1,002

1,049

1,012

944

918

1,092

1,031

1,041

1,049

-

1,178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Wealth management services income, net

585

576

529

475

449

535

441

459

425

-

382

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other service charges and fees

375

-2,256

1,769

1,684

299

-2,514

1,296

1,544

1,060

-

1,327

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on calls of available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

1,109

1,069

-

1,102

1,041

963

1,112

1,119

1,076

1,015

1,111

1,179

1,116

1,062

1,267

1,010

996

924

877

823

825

801

900

915

846

848

957

865

Other service charges and fees

-

-

-

-

-

-

-

-

-

-

-

1,429

1,195

-

2,179

2,363

1,684

1,704

1,883

1,759

1,441

1,578

1,672

1,615

1,381

1,589

1,655

1,472

1,504

1,649

1,685

1,608

1,368

1,514

1,370

1,314

1,092

1,343

1,085

Net gains on sales, maturities and calls of available for sale securities

4

-

-

-

4

-

-

-

-

-

2

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on maturities and calls of available for sale securities

-

-

3

1

-

1

5

-1

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on calls and sales of available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on calls and sales of available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

1

-

22

2

1

-

23

3

-

0

270

4

2

-

3

8

-

12

1

0

0

-11

16

Wealth management services income, net

-

-

-

-

-

-

-

-

-

-

-

428

322

-

287

315

276

-

372

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interchange income

-

-

-

-

-

-

-

-

-

-

-

858

851

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment services income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

328

377

275

348

323

283

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

993

1,799

607

1,072

1,570

188

1,121

809

762

1,090

947

962

889

1,121

857

1,408

509

536

253

348

622

647

302

642

756

-412

914

914

967

-271

856

570

1,111

-

572

502

-

-

-

Total noninterest income

9,029

8,477

8,230

8,202

7,103

5,444

6,627

7,241

6,446

6,708

6,842

7,412

6,270

6,434

6,727

7,723

5,163

5,293

4,805

5,515

5,101

4,697

4,712

5,345

4,651

3,968

5,639

6,963

5,098

-

-

-

-

-

-

-

-

-

-

Noninterest expenses
Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

717

670

549

Total noninterest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,985

4,642

7,383

-

7,140

6,358

6,457

7,824

7,194

Salaries and employee benefits

10,817

12,069

11,730

11,495

11,907

9,230

10,967

11,073

10,733

10,766

10,854

11,184

10,793

10,853

10,799

10,522

10,171

9,717

9,107

9,938

10,164

9,102

8,900

9,149

9,159

8,007

7,862

8,229

7,069

4,146

7,416

6,509

9,742

-445

7,965

8,430

8,492

8,811

8,763

Occupancy

2,327

2,179

2,226

2,148

2,190

2,046

2,207

2,024

2,031

1,974

1,908

1,877

1,971

97

2,432

2,365

2,334

2,222

2,226

2,220

2,160

2,303

2,188

2,183

2,132

2,068

1,791

1,770

1,768

1,696

1,701

1,677

1,721

1,710

1,644

1,611

1,526

1,518

1,389

Other

9,222

6,243

6,346

5,906

5,580

6,482

5,500

5,664

5,775

5,340

5,609

5,342

5,205

6,940

4,702

4,760

4,585

4,570

4,928

4,496

4,426

4,258

4,483

4,900

4,800

4,423

4,871

4,549

4,192

4,601

4,285

3,954

3,594

3,103

4,314

3,928

3,931

4,475

6,054

Total noninterest expenses

22,366

20,491

20,302

19,549

19,677

17,758

18,674

18,761

18,539

18,080

18,371

18,403

17,969

17,890

17,933

17,647

17,090

16,509

16,261

16,654

16,750

15,663

15,571

16,232

16,091

14,498

14,524

14,548

13,029

10,443

13,402

12,140

15,057

4,368

13,923

13,969

13,949

14,804

16,206

Income before income taxes

4,616

5,435

6,351

7,468

4,678

4,858

6,441

6,467

4,775

4,079

4,248

5,987

3,652

3,866

4,315

6,561

3,176

2,974

4,921

5,880

3,608

3,222

4,723

5,419

4,124

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,860

6,443

5,864

-

6,712

6,144

5,518

4,926

5,129

4,400

4,256

3,703

1,732

Income tax expense

977

1,083

1,466

1,626

907

901

1,340

1,397

883

7,394

1,231

1,848

921

784

1,128

1,855

692

667

1,444

1,779

963

805

1,430

1,677

1,232

1,512

1,494

2,265

1,858

1,766

2,179

1,963

1,738

1,515

1,616

1,317

1,287

1,117

315

Net income

3,639

4,352

4,885

5,842

3,771

3,957

5,101

5,070

3,892

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less net income (loss) attributable to noncontrolling interest

61

-

5

-1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to C&F Financial Corporation

3,578

4,365

4,880

5,843

3,771

3,957

5,101

5,070

3,892

-3,315

3,017

4,139

2,731

3,082

3,187

4,706

2,484

2,307

3,477

4,101

2,645

2,417

3,293

3,742

2,892

2,894

3,366

4,178

4,006

3,888

4,533

4,181

3,780

3,411

3,513

3,083

2,969

2,586

1,417

Net income per share - basic and diluted (in dollars per share)

0.98

-

1.42

1.69

1.08

-

1.46

1.45

1.11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effective dividends on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

165

146

146

458

290

289

288

287

Net income available to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,888

4,533

4,016

3,634

3,265

3,055

2,793

2,680

2,298

1,130

Net income per share - basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-0.95

0.87

1.19

0.78

0.90

0.92

1.36

0.72

0.68

1.02

1.21

0.77

0.71

0.97

1.10

0.85

0.85

1.01

1.28

1.23

1.20

1.41

1.25

1.14

1.04

0.97

0.89

0.86

0.74

0.37

Net income – assuming dilution (in Dollars per share)

-

-

-

-

-

-

-

-

-

-0.96

0.87

1.19

0.78

0.89

0.92

1.36

0.72

0.68

1.02

1.21

0.77

0.70

0.97

1.09

0.83

0.81

0.97

1.22

1.19

1.17

1.36

1.22

1.11

1.03

0.96

0.88

0.85

0.74

0.36

Cash dividends declared (in Dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.27

0.26

0.26

-

0.25

0.25

0.25

0.25

0.25

Weighted average number of shares - basic (in shares)

-

-

-

-

-

-

-

-

-

-

3,487

3,486

3,483

3,459

3,456

3,451

3,448

-

3,392

3,394

-

3,405

3,405

3,405

3,400

-

3,318

3,276

3,266

-

3,220

3,208

3,190

-

3,141

3,131

3,123

3,089

3,084

Weighted average number of shares - assuming dilution (in shares)

-

-

-

-

-

-

-

-

-

-

3,487

3,486

3,483

3,461

3,458

3,453

3,449

-

3,392

3,394

-

3,405

3,405

3,442

3,491

-

3,484

3,413

3,371

-

3,332

3,296

3,264

-

3,174

3,159

3,167

3,096

3,102