CITY HOLDING COMPANY CHCO Cash Flow

City holding company (CHCO)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Operating Activities
Net income available to common shareholders
29,000	22,611	22,371	22,751	21,619	10,719	20,693	20,974	17,616	9,664	13,932	14,688	16,026	14,652	13,232	12,542	11,702	13,515	10,607	11,983	17,992	14,530	11,872	12,757	13,803	13,246	13,976	13,006	7,987	10,896	10,607	7,411	10,031	9,654	11,579	9,831	9,614
Adjustments to reconcile net income to net cash provided by operating activities:
(Accretion) and amortization, net
-422	-	-36	102	455	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion and amortization
-	-	-	-	-	-	-	-	410	-1,841	403	72	361	-1,274	290	29	117	8,201	-636	-1,054	-1,922	8,543	-1,290	-965	-1,634	19,179	-4,191	-2,564	-1,130	-2,084	-56	730	682	-3,190	486	396	414
Provision for (recovery of) credit losses
7,972	-75	274	-600	-849	-400	-28	-2,063	181	422	1,393	510	681	1,302	1,432	1,122	539	2,813	451	2,836	888	384	1,872	435	1,363	1,945	1,154	2,011	1,738	1,775	975	1,675	1,950	2,228	0	1,286	1,086
Depreciation of premises and equipment
1,325	1,264	1,269	1,258	1,209	1,281	1,264	1,285	1,270	1,414	1,450	1,511	1,525	1,516	1,585	1,567	1,567	1,539	1,522	1,516	1,511	1,534	1,542	1,533	1,478	1,468	1,437	1,453	1,399	1,234	1,176	1,109	1,086	1,100	1,132	1,140	1,136
Deferred income tax expense
-824	2,033	772	212	1,922	-2,165	140	494	287	11,099	423	456	2,931	-181	1,450	1,718	830	3,148	-1,070	3,585	964	664	1,306	1,863	752	-259	1,677	4,419	-1,151	2,188	79	52	211	-488	-531	-595	-676
Accretion of gain from sale of interest rate floors
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	99	196
Net periodic employee benefit cost
181	43	193	193	193	33	96	231	111	-39	112	111	114	129	129	128	129	211	212	213	200	107	107	107	179	317	208	49	329	130	129	131	131	98	96	96	96
Unrealized and realized investment securities losses (gains), net
-2,339	-	-255	134	163	-	383	492	280	-	0	0	4,276	-	2,722	1,256	0	0	0	2,116	14	184	71	818	83	671	0	9	84	0	1,033	528	-31	-	-	-	-
Stock-compensation expense
1,009	615	527	571	803	454	455	449	793	444	443	430	780	412	445	406	755	363	370	320	740	325	321	317	572	319	260	246	457	213	213	215	442	199	202	201	464
Excess tax benefit from stock-compensation expense
121	0	28	356	77	351	1	-1	155	8	0	361	189	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in value of bank-owned life insurance
1,676	857	761	1,132	1,016	1,158	599	721	612	734	746	479	749	697	847	767	760	898	929	783	764	778	771	764	756	798	805	796	812	776	702	770	692	728	952	721	782
Loans originated for sale
2,327	4,528	4,314	5,590	4,325	5,910	3,417	3,263	2,606	2,593	4,474	5,433	3,951	6,444	5,624	3,104	2,809	3,855	4,803	5,007	4,184	3,852	2,457	1,514	940	2,385	5,239	4,102	11,554	13,514	12,674	10,180	7,664	-	-	-	-
Proceeds from the sale of loans originated for sale
2,229	5,725	4,608	4,645	5,939	4,392	3,590	3,137	2,874	2,975	4,732	5,465	6,118	4,935	5,836	2,694	3,107	4,135	5,206	5,690	3,637	3,244	1,946	1,457	1,672	2,014	6,240	4,946	14,630	12,966	11,348	10,021	7,989	-	-	-	-
Gain on sale of loans
77	168	137	119	165	102	86	84	79	79	128	142	167	106	129	81	58	88	112	109	58	56	47	35	49	55	126	129	298	-	-	-	-	-	-	-	-
Gain on sale of insurance division
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	11,084	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Business, after tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in accrued interest receivable
1,001	-1,360	210	-938	1,233	-726	2,101	-180	305	-13	1,114	-522	236	422	-442	-89	1,085	-489	-148	86	926	-925	24	-116	977	-1,242	-167	-426	615	-989	591	-90	-364	293	-904	-445	885
Change in other assets
5,926	-8,699	9,178	2,817	4,193	-16,189	2,619	1,962	11,128	3,664	1,014	-2,707	131	-12,512	-4,037	7,475	10,630	688	5,991	-7,527	1,824	2,433	-157	2,357	3,629	-1,763	-4,789	-11,528	-4,417	-2,898	1,280	511	-1,056	-102	7,745	417	-3,468
Change in other liabilities
8,937	-7,809	10,110	4,468	-57	-7,235	3,052	4,987	3,504	4,458	-1,326	-562	383	-10,757	-9,983	14,889	11,432	-16,283	27,112	-27,650	8,343	5,126	6,156	-4,679	-5,240	2,734	4,547	-10,849	-620	483	3,739	2,201	-3,848	836	11,489	614	2,608
Net Cash Provided by Operating Activities
40,618	28,476	23,504	26,601	20,062	16,814	20,284	23,459	12,091	21,608	14,178	19,983	20,357	17,511	10,071	22,912	14,836	3,560	33,971	-3,135	13,499	18,771	20,619	7,453	6,511	17,471	24,094	19,635	14,693	18,520	12,233	11,293	11,769	17,161	16,865	9,063	16,347
Investing Activities
Net decrease in loans
-6,442	35,478	63,071	-41,483	-26,920	76,227	-8,416	16,646	10,827	22,350	22,818	9,495	30,826	87,504	55,124	26,215	14,668	56,719	11,706	53,327	-21,622	20,260	52,679	20,286	-49,511	44,319	27,911	28,123	-16,391	60,932	18,905	20,932	2,033	53,553	27,677	28,651	5,472
Purchases
94,151	39,192	56,984	51,980	61,432	48,215	29,382	22,949	30,330	22,899	46,901	49,770	39,747	54,879	77,813	59,169	4,289	84,081	23,279	33,054	34,857	14,237	3,528	3,268	10,262	38,483	19,960	21,847	488	20,703	83,937	34,068	32,492	625,502	32,763	41,012	33,275
Proceeds from sale of money market and mutual fund securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	145,399	263,531	208,300
Purchases of money market and mutual fund securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-91,835	-763,303	237,801
Proceeds from sales
26,090	163	38,644	6,535	25,062	0	0	0	0	200	0	0	5,576	0	29,594	1,221	35	99	0	290	0	4,893	161	1,531	129	812	-40	17,950	488	-302	12,131	10,306	5,336	617,694	270	55,810	291
Proceeds from maturities and calls
20,644	20,480	23,255	16,550	15,432	18,321	12,790	12,177	13,553	-3,009	25,876	12,101	23,390	23,155	21,556	15,931	18,078	10,568	11,835	17,151	16,172	11,912	10,834	12,352	13,885	12,425	18,128	14,338	46,205	31,337	62,593	26,345	24,822	27,077	23,963	32,253	32,591
Purchases of securities held-to-maturity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	10,226	0	0	0	0	-	-	-	-	-	-	-	-
Securities Held-to-maturity: Proceeds from maturities and calls
0	2,152	2,127	1,943	5,484	1,887	2,190	2,220	2,142	2,508	2,771	2,478	2,823	4,285	3,645	3,217	2,332	2,551	2,992	4,312	3,336	2,377	2,870	1,254	0	719	316	4,105	5,083	-	-	-	-	-	-	-	-
Proceeds from sale of CityInsurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	15,250	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other investments: Purchases
1,357	734	1,001	359	9,006	16,784	4,226	8,949	5,391	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investments: Proceeds from sales
624	-	698	142	11,715	-	4,655	2,785	7,957	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of premises and equipment
3,329	1,214	498	1,441	1,576	5,956	1,526	1,149	1,561	2,312	1,192	959	2,111	1,964	2,162	781	610	1,285	751	506	472	1,238	421	308	356	2,813	1,387	1,576	1,700	1,599	966	2,973	1,971	924	1,542	1,676	473
Disposals of premises and equipment
119	-410	892	86	30	3,112	262	565	-55	5,557	-218	-501	-1,781	-428	-32	-35	-341	-8	-133	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from life insurance
1,412	212	0	1,907	304	0	215	0	210	0	92	488	1,137	258	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Businesses, Net of Cash Acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	3	21,849	-	-	-	0	-	-	-	-
Sale of Ashland office, net
-440	0	0	24,661	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash (Used in) Provided by Investing Activities
-43,066	-50,501	-53,727	-12,006	12,933	-100,687	-6,396	-32,056	-24,402	-45,384	-42,046	-45,144	-39,114	-116,479	-80,272	-65,761	1,219	-119,221	-20,776	-65,134	21,051	-15,904	-42,763	-8,725	42,681	-70,806	-30,854	-15,156	44,130	-51,846	-23,310	3,225	-6,338	-35,359	17,153	-7,446	-35,839
Financing Activities
Net increase in non-interest-bearing deposits
52,414	9,539	-2,508	15,182	4,514	26,694	-12,572	-18,595	36,570	-3,237	-18,347	-26,568	42,505	152,192	17,998	-14,656	45,450	55,518	-21,538	12,119	6,131	46,974	-1,900	-10,015	17,178	-5,017	-12,468	-15,157	53,065	22,369	-14,064	6,574	34,267	5,521	10,009	8,933	6,635
Net (decrease) increase in interest-bearing deposits
-76,100	-	-	-	63,190	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in interest-bearing deposits
-	-	-	-	-	33,708	34,425	-6,589	94,758	62,337	-3,266	-88,043	118,616	-99,677	19,157	-30,188	57,994	22,033	-15,474	-51,648	63,633	32,606	9,235	-33,068	27,430	-17,090	-15,651	-32,847	39,138	5,573	235	-34,063	44,643	21,426	-50,309	-2,842	50,520
Net increase (decrease) in short-term borrowings
22,892	8,633	-4,411	12,350	-67,228	-130,238	12,114	182,635	-56,844	-29,245	57,160	37,618	-61,619	68,921	25,710	-3,040	1,845	2,675	-6,135	20,583	-2,343	-11,184	12,973	11,229	-15,885	-13,144	26,600	7,916	1,781	-17,301	8,873	9,250	-75,226	61,169	682	7,897	6,592
Repayment of long-term debt
4,124	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock
-	-	-	-	-	-	-	-	-	0	0	0	28,408	6,864	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of treasury stock
12,971	0	7,322	8,020	4,089	5,041	540	693	13,997	0	0	0	0	0	0	93	9,925	7,055	0	0	0	8,424	11,170	5,427	2,936	0	0	0	0	0	0	4,843	3,072	2,361	6,344	5,712	9,373
Proceeds from exercise of stock options
122	-	161	113	252	-	181	688	280	-	0	559	38	-	23	682	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	488	-	15	0	153
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	330	1,653	21	975	27	0	354	199	661	1,369	0	1,397	-	-	-	-	-	-	-	-
Dividends paid
9,293	9,290	8,747	8,735	8,775	8,184	7,110	7,103	7,186	6,871	6,874	6,857	6,518	6,452	6,454	6,445	6,367	6,435	6,417	6,388	6,064	6,130	6,242	6,288	5,827	5,820	5,803	5,794	5,461	5,193	5,191	5,155	5,171	5,039	5,129	5,189	5,273
Net Cash Used in Financing Activities
-27,060	45,975	-22,302	10,274	-12,136	-99,046	26,498	150,343	53,581	23,119	28,673	-83,291	121,430	122,298	56,434	-53,740	88,997	67,066	-47,911	-23,417	62,332	53,869	2,896	-43,215	20,159	-40,410	-5,953	-45,882	89,920	5,448	-10,091	-28,237	-4,071	80,810	-51,076	3,087	49,254
(Decrease) Increase in Cash and Cash Equivalents
-29,508	-	-	-	20,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (Decrease) in Cash and Cash Equivalents
-	-	-	-	-	-182,919	40,386	141,746	41,270	-657	805	-108,452	102,673	23,330	-13,767	-96,589	105,052	-48,595	-34,716	-91,686	96,882	56,736	-19,248	-44,487	69,351	-93,745	-12,713	-41,403	148,743	-27,878	-21,168	-13,719	1,360	62,612	-17,058	4,704	29,762