Exhibit 99.1, News Release - 1st Quarter 2007 Earnings and Tables

Charleston, West Virginia - City Holding Company, “the Company” (NASDAQ:CHCO), a $2.5 billion bank holding company headquartered in Charleston, today announced record net income for the first quarter of $13.2 million or $0.76 per diluted share compared to $12.9 million or $0.71 per diluted share in the first quarter of 2006, or a 7.0% increase. For the first quarter of 2007, the Company achieved a return on assets of 2.10%, a return on equity of 17.1%, a net interest margin of 4.41%, and an efficiency ratio of -- 44.9%. This compares with a return on assets of 2.06%, a return on equity of 17.4%, a net interest margin of 4.71%, and an efficiency ratio of 45.3% for the comparable period of 2006.

Charles Hageboeck, Chief Executive Officer and President, stated, “The Company increased its earnings per share in the first quarter of 2007 as compared to the first quarter of 2006 despite a decrease of over $0.9 million in interest income associated with previously securitized loans (whose balances decreased 49%) and a decrease of $0.6 million due to lower credit card fee income as a result of the sales of the retail and merchant credit card portfolios. As compared to the quarter ended March 31, 2006, profitability as measured by our return on assets was better and our efficiency ratio improved. Excluding charge-offs related to depository overdrafts, the Company experienced net recoveries during the first quarter of 2007. The decline in our charge-offs for the quarter reflects the solid underwriting standards that the Company utilizes in commercial and retail lending as balances of loans written prior to 2002 continue to decline. Non-performing assets as a percentage of loans rose from 25 basis points at December 31, 2006 to 44 basis points at March 31, 2007 due primarily to the bankruptcy of a single residential mortgage customer during the quarter.

Overall, the Company’s asset quality remains very favorable in comparison to our peer group (bank holding companies with total assets between $1 and $5 billion) and past due loans remain at a very low level. Although 2007 looks to be a challenging year for many banks, we remain positive in our outlook for the year. During the first quarter, we announced plans to open a new branch in Princeton, West Virginia during the fourth quarter of 2007. As a result of the Company’s continued accomplishments, on February 28, 2007, our Board of Directors approved an increase of 10% in our quarterly dividends to 31 cents per share. In addition, the Company remains well positioned with a tangible equity to tangible asset ratio of 9.8% at March 31, 2007. We look forward to maintaining our solid performance for the remainder of 2007 on behalf of our shareholders despite the many challenges from the current economic environment.”

The Company’s tax equivalent net interest income decreased $1.4 million, or 5.5%, from $26.1 million during the first quarter of 2006 to $24.7 million during the first quarter of 2007. This decrease is attributable to two factors. First, during the third quarter of 2006, the Company sold its retail credit card portfolio. Average credit card loans outstanding were $14.5 million in the first quarter of 2006. This resulted in a decrease in interest income of $0.5 million from the first quarter of 2006. Secondly, the Company experienced a decrease of $0.9 million in interest income from previously securitized loans in the first quarter of 2007 as compared to the first quarter of 2006 as the average balance of these loans decreased 48.7%. The decrease in average balances was partially mitigated by an increase in the yield on these loans from 39.1% for the first quarter of 2006 to 49.5% for the first quarter of 2007 (see Previously Securitized Loans). An increase of $3.3 million in interest income from all other loans (commercial, residential, home equity, and consumer) was essentially offset by an increase of $3.2 million in interest expense on deposits.

The Company’s net interest margin was 4.41% in the first quarter of 2007 as compared to 4.71% in the first quarter of 2006. The decline in the net interest margin can be largely attributed to lower interest income from previously securitized loans and the loss of interest income due to the sale of the retail credit card portfolio. Excluding these assets, the Company’s net interest margin decreased 15 basis points from 4.33% during the first quarter of 2006 to 4.18% for the first quarter of 2007. This compression is due to increased rates paid on interest-bearing liabilities, primarily time deposits.

At March 31, 2007, the Allowance for Loan Losses (“ALLL”) was $16.1 million or 0.95% of total loans outstanding and 236% of non-performing loans compared to $16.8 million or 1.04% of loans outstanding and 504% of non-performing loans at March 31, 2006, and $15.4 million or 0.92% of loans outstanding and 385% of non-performing loans at December 31, 2006. While the Company’s ALLL as a percent of outstanding loans has decreased since March 31, 2006, this decrease can be directly attributed to the sale of the bank’s retail credit card portfolio in the third quarter of 2006. In fact, after consideration of the impact of the sale of the retail credit card portfolio, the ALLL (less the portion of the allowance allocated to credit cards) was 0.94% of total loans outstanding (net of credit card loans outstanding) and 373% of non-performing loans (net of non-performing credit card loans) at March 31, 2006.

As a result of the Company’s quarterly analysis of the adequacy of the ALLL, the Company recorded a provision for loan losses of $0.9 million in the first quarter of 2007 compared to $1.0 million for the comparable period in 2006. The quality of the Company’s loan portfolio has continued to improve. Total past due loans have declined 43% from $10.5 million at December 31, 2006 to $6.0 million at March 31, 2007. This improvement has been primarily associated with residential real estate loans (down $2.9 million or 46%) and commercial loans (down $0.9 million or 43%) from December 31, 2006. Changes in the amount of the provision and related allowance are based on the Company’s detailed methodology and are directionally consistent with growth and changes in the composition and quality of the Company’s loan portfolio.

The Company had net charge-offs of $0.2 million for the first quarter of 2007, with depository accounts representing $0.3 million (or approximately 129%) of this total. While charge-offs on depository accounts are appropriately taken against the ALLL, the revenue associated with depository accounts is reflected in service charges and has been steadily growing as the core base of checking accounts has grown. Net charge-offs on residential loans were $0.1 million for the first quarter, while commercial loans experienced net recoveries of $0.1 million during the quarter. The decrease in net charge-offs is attributable to declines in balances of loans originated prior to 2002 (including loans acquired as part of the Classic Bancshares acquisition). At March 31, 2007, balances of loans written subsequent to 2002 comprise approximately 74% of total loan balances.

The Company’s ratio of non-performing assets to total loans and other real estate owned increased from 0.25% at December 31, 2006 to 0.44% at March 31, 2007 as a result of one residential real estate loan. Our ratio of non-performing assets to total loans compares quite favorably relative to our peer group (bank holding companies with total assets between $1 and $5 billion), which reported average non-performing assets as a percentage of loans and other real estate owned of 0.81% for the most recently reported quarter ended December 31, 2006. The composition of the Company’s loan portfolio, which is weighted more heavily toward residential mortgage loans and less towards non-real estate secured commercial loans than peers, has allowed it to maintain a lower allowance in comparison to peers. In addition, the sale of the Company’s credit card portfolio resulted in a reduction of the allowance of $1.4 million during 2006. As a result, the Company’s ALLL as a percentage of loans outstanding is 0.95% at March 31,

Net of the gain from the sale of the Company’s merchant credit card portfolio, non-interest income increased $0.5 million to $12.9 million in the first quarter of 2007 as compared to $12.4 million in the first quarter of 2006. The largest source of non-interest income is service charges from depository accounts, which increased $0.2 million, or 2.0%, from $9.9 million during the first quarter of 2006 to $10.1 million during the first quarter of 2007. Insurance commission revenues increased $0.4 million, or 64.8% due to the hiring of additional staff by City Insurance to provide worker’s compensation insurance to West Virginia businesses. Partially off-setting these increases was a decrease in other income of $0.3 million due to lower credit card fee income due to the sale of the retail credit card portfolio during the third quarter of 2006 and the sale of the merchant credit card portfolio during the first quarter of 2007.

Non-interest expenses increased $0.1 million from $17.5 million in the first quarter of 2006 to $17.6 million in the first quarter of 2007. Salaries and employee benefits increased $0.4 million, or 4.9%, from the first quarter of 2006 due in part to additional staffing for new retail locations and insurance personnel to support the introduction of worker’s compensation insurance. This increase was partially offset by a $0.3 million charge in the first quarter of 2006 related to the redemption of $2.5 million of the Company’s trust preferred securities.

At March 31, 2007, the Company reported “Previously Securitized Loans” of $12.7 million compared to $25.9 million and $15.6 million at March 31, 2006 and December 31, 2006, respectively, representing a decrease of 50.8% and 18.3%, respectively. The yield on the previously securitized loans was 49.5% for the quarter ended March 31, 2007, compared to 46.6% for the quarter ended December 31, 2006, and 39.1% for the quarter ended March 31, 2006. The yield on the previously securitized loans has increased due to improved cash flows as net default rates have been less than previously estimated. The default rates have decreased as a result of the Company’s assumption of the servicing of all of the pool balances during the second quarter of 2005. Subsequent to our assumption of the servicing of these loans, the Company has averaged net recoveries but does not believe that continued net recoveries can be sustained indefinitely.

One of the Company’s strengths is that it is highly profitable while maintaining strong liquidity and capital. With respect to liquidity, the Company’s loan to deposit ratio was 83.0% and the loan to asset ratio was 66.1% at March 31, 2007. The Company maintained investment securities totaling 22.9% of assets as of this date. Further, the Company’s deposit mix is weighted heavily toward checking and saving accounts that fund 43.6% of assets at March 31, 2007. Time deposits fund 36.0% of assets at March 31, 2007, but very few of these deposits are in accounts that have balances of more than $150,000, reflecting the core retail orientation of the Company.

On February 28, 2007 the Board approved a 10% increase in the quarterly cash dividend to 31 cents per share payable April 30, 2007 to shareholders of record as of April 15, 2007. During the quarter ended March 31, 2007, the Company repurchased 274,300 common shares at a weighted average price of $39.71 as part of a one million share repurchase plan authorized by the Board of Directors in December 2006. The Company’s tangible equity ratio was 9.8% at March 31, 2007 compared with a tangible equity ratio of 10.0% at December 31, 2006. Due to the Company’s strong earnings, the Company was able to both repurchase these shares and increase its cash dividends while maintaining its tangible equity ratio.

This news release contains certain forward-looking statements that are included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such information involves risks and uncertainties that could result in the Company's actual results differing from those projected in the forward-looking statements. Important factors that could cause actual results to differ materially from those discussed in such forward-looking statements include, but are not limited to, (1) the Company may incur additional loan loss provision due to negative credit quality trends in the future that may lead to a deterioration of asset quality; (2) the Company may incur increased charge-offs in the future; (3) the Company may experience increases in the default rates on previously securitized loans that would result in impairment losses or lower the yield on such loans; (4) the Company may continue to benefit from strong recovery efforts on previously securitized loans resulting in improved yields on these assets; (5) the Company could have adverse legal actions of a material nature; (6) the Company may face competitive loss of customers; (7) the Company may be unable to manage its expense levels; (8) the Company may have difficulty retaining key employees; (9) changes in the interest rate environment may have results on the Company’s operations materially different from those anticipated by the Company’s market risk management functions; (10) changes in general economic conditions and increased competition could adversely affect the Company’s operating results; (11) changes in other regulations and government policies affecting bank holding companies and their subsidiaries, including changes in monetary policies, could negatively impact the Company’s operating results; and (12) the Company may experience difficulties growing loan and deposit balances. Forward-looking statements made herein reflect management's expectations as of the date such statements are made. Such information is provided to assist stockholders and potential investors in understanding current and anticipated financial operations of the Company and is included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances that arise after the date such statements are made.

CITY HOLDING COMPANY AND SUBSIDIARIES
Financial Highlights
(Unaudited)


	Three Months Ended March 31						Percent
	2007			2006			Change

Earnings ($000s, except per share data):
Net Interest Income (FTE)	$	24,671		$	26,105			(5.49	)%
Net Income		13,231			12,866			2.84	%
Earnings per Basic Share		0.76			0.71			7.04	%
Earnings per Diluted Share		0.76			0.71			7.04	%


Key Ratios (percent):
Return on Average Assets		2.10	%		2.06	%		1.92	%
Return on Average Equity		17.13	%		17.37	%		(1.42	)%
Net Interest Margin		4.41	%		4.71	%		(6.36	)%
Efficiency Ratio		44.93	%		45.28	%		(0.77	)%
Average Shareholders' Equity to Average Assets		12.27	%		11.87	%		3.39	%

Consolidated Risk Based Capital Ratios (a):
Tier I		15.31	%		14.83	%		3.24	%
Total		16.25	%		15.80	%		2.85	%

Average Tangible Equity to Average Tangible Assets		9.79	%		9.24	%		5.87	%


Common Stock Data:
Cash Dividends Declared per Share	$	0.31		$	0.28			10.71	%
Book Value per Share		17.62			16.17			8.99	%
Tangible Book Value per Share		14.21			12.84			10.70	%
Market Value per Share:
High		41.54			37.64			10.36	%
Low		38.04			35.26			7.88	%
End of Period		40.45			36.79			9.95	%

Price/Earnings Ratio (b)		13.31			12.95			2.71	%



(a) March 31, 2007 risk-based capital ratios are estimated.
(b) March 31, 2007 price/earnings ratio computed based on annualized first quarter 2007 earnings.

CITY HOLDING COMPANY AND SUBSIDIARIES
Financial Highlights
(Unaudited)



Book Value and Market Price Range per Share
									Market Price
	Book Value per Share								Range per Share
	March 31		June 30		September 30		December 31		Low		High

2003	$	10.10	$	10.74	$	11.03	$	11.46	$	25.50	$	37.15
2004		12.09		11.89		12.70		13.03		27.30		37.58
2005		13.20		15.56		15.99		16.14		27.57		39.21
2006		16.17		16.17		16.99		17.46		34.53		41.87
2007		17.62								38.04		41.54


Earnings per Basic Share

	Quarter Ended
		March 31		June 30		September 30		December 31		Year-to-Date

2003	$	0.56	$	0.73	$	0.69	$	0.64	$	2.62
2004		0.66		0.80		0.66		0.67		2.79
2005		0.70		0.72		0.73		0.72		2.87
2006		0.71		0.78		0.78		0.74		3.00
2007		0.76								0.76


Earnings per Diluted Share

	Quarter Ended
		March 31		June 30		September 30		December 31		Year-to-Date

2003	$	0.55	$	0.72	$	0.68	$	0.63	$	2.58
2004		0.65		0.79		0.65		0.66		2.75
2005		0.69		0.71		0.72		0.72		2.84
2006		0.71		0.77		0.77		0.74		2.99
2007		0.76								0.76

CITY HOLDING COMPANY AND SUBSIDIARIES
Consolidated Statements of Income
(Unaudited) ($ in 000s, except per share data)

	Three Months Ended March 31,
	2007			2006
Interest Income
Interest and fees on loans	$	31,464		$	29,564
Interest on investment securities:
Taxable		6,933			7,260
Tax-exempt		427			467
Interest on deposits in depository institutions		117			150
Interest on federal funds sold		257			-
Total Interest Income		39,198			37,441

Interest Expense
Interest on deposits		12,712			9,201
Interest on short-term borrowings		1,513			1,127
Interest on long-term debt		531			1,260
Total Interest Expense		14,756			11,588
Net Interest Income		24,442			25,853
Provision for loan losses		900			1,000
Net Interest Income After Provision for Loan Losses		23,542			24,853

Non-Interest Income
Investment securities gains (losses)		-			-
Service charges		10,063			9,862
Insurance commissions		1,012			614
Trust and investment management fee income		568			566
Bank owned life insurance		696			537
Gain on sale of credit card merchant agreements		1,500			-
Other income		532			810
Total Non-Interest Income		14,371			12,389

Non-Interest Expense
Salaries and employee benefits		9,057			8,632
Occupancy and equipment		1,637			1,599
Depreciation		1,070			1,050
Professional fees		403			395
Postage, delivery, and statement mailings		777			644
Advertising		852			774
Telecommunications		455			476
Bankcard expenses		518			543
Insurance and regulatory		385			388
Office supplies		455			383
Repossessed asset (gains) losses, net of expenses		(14	)		4
Loss on early extinguishment of debt		-			282
Other expenses		2,021			2,327
Total Non-Interest Expense		17,616			17,497
Income Before Income Taxes		20,297			19,745
Income tax expense		7,066			6,879
Net Income	$	13,231		$	12,866

Basic earnings per share	$	0.76		$	0.71
Diluted earnings per share	$	0.76		$	0.71
Average Common Shares Outstanding:
Basic		17,369			18,006
Diluted		17,424			18,067

CITY HOLDING COMPANY AND SUBSIDIARIES
Consolidated Statements of Changes in Stockholders' Equity
(Unaudited) ($ in 000s)


	Three Months Ended
	March 31, 2007			March 31, 2006

Balance at January 1	$	305,307		$	292,141

Cumulative effect of adopting FIN 48		(125	)		-
Net income		13,231			12,866
Other comprehensive income:
Change in unrealized gain on securities available-for-sale		723			(917	)
Change in unrealized gain/(loss) on interest rate floors		122			(509	)
Cash dividends declared ($0.31/share)		(5,342	)		-
Cash dividends declared ($0.28/share)		-			(4,988	)
Issuance of stock award shares, net		264			167
Exercise of 5,300 stock options		82			-
Exercise of 26,875 stock options		-			357
Excess tax benefits on stock compensation		-			173
Purchase of 274,300 common shares of treasury		(10,908	)		-
Purchase of 300,572 common shares of treasury		-			(10,914	)
Balance at March 31	$	303,354		$	288,376

CITY HOLDING COMPANY AND SUBSIDIARIES
Condensed Consolidated Quarterly Statements of Income
(Unaudited) ($ in 000s, except per share data)

	Quarter Ended
	March 31			Dec. 31			Sept. 30			June 30			March 31
	2007			2006			2006			2006			2006

Interest income	$	39,198		$	39,925		$	39,747		$	39,010		$	37,441
Taxable equivalent adjustment		230			228			236			246			252
Interest income (FTE)		39,428			40,153			39,983			39,256			37,693
Interest expense		14,756			14,820			14,233			13,085			11,588
Net interest income		24,672			25,333			25,750			26,171			26,105
Provision for loan losses		900			901			1,225			675			1,000
Net interest income after provision
for loan losses		23,772			24,432			24,525			25,496			25,105

Noninterest income		14,371			13,586			14,766			13,463			12,389
Noninterest expense		17,616			18,099			18,133			17,555			17,497
Income before income taxes		20,527			19,919			21,158			21,404			19,997
Income tax expense		7,066			6,752			7,302			7,397			6,879
Taxable equivalent adjustment		230			228			236			246			252
Net income	$	13,231		$	12,939		$	13,620		$	13,761		$	12,866



Basic earnings per share	$	0.76		$	0.74		$	0.78		$	0.78		$	0.71
Diluted earnings per share		0.76			0.74			0.77			0.77			0.71
Cash dividends declared per share		0.31			0.28			0.28			0.28			0.28


Average Common Share (000s):
Outstanding		17,369			17,535			17,557			17,719			18,006
Diluted		17,424			17,601			17,619			17,772			18,067

Net Interest Margin		4.41	%		4.43	%		4.51	%		4.58	%		4.71	%

-12-

CITY HOLDING COMPANY AND SUBSIDIARIES
Non-Interest Income and Non-Interest Expense
(Unaudited) ($ in 000s)

	Quarter Ended
	March 31			Dec. 31		Sept. 30			June 30			March 31
	2007			2006		2006			2006			2006

Non-Interest Income:
Service charges	$	10,063		$	10,962	$	10,833		$	10,903		$	9,862
Insurance commissions		1,012			675		526			521			614
Trust and investment management fee income		568			498		572			504			566
Bank owned life insurance		696			576		561			678			537
Other income		532			803		778			857			810
Subtotal		12,871			13,514		13,270			13,463			12,389
Investment security gains		-			72		(2,067	)		-			-
Gain on sale of credit card merchant agreements		1,500			-		3,563			-			-
Total Non-Interest Income	$	14,371		$	13,586	$	14,766		$	13,463		$	12,389

Non-Interest Expense:
Salaries and employee benefits	$	9,057		$	8,354	$	8,733		$	8,764		$	8,632
Occupancy and equipment		1,637			1,655		1,602			1,624			1,599
Depreciation		1,070			1,037		1,061			1,071			1,050
Professional fees		403			415		379			571			395
Postage, delivery, and statement mailings		777			735		765			689			644
Advertising		852			876		810			755			774
Telecommunications		455			549		498			525			476
Bankcard expenses		518			478		485			458			543
Insurance and regulatory		385			375		384			381			388
Office supplies		455			408		417			372			383
Repossessed asset (gains) losses, net of expenses		(14	)		6		20			(129	)		4
Loss on early extinguishment of debt		-			708		379			-			282
Other expenses		2,021			2,503		2,600			2,474			2,327
Total Non-Interest Expense	$	17,616		$	18,099	$	18,133		$	17,555		$	17,497




Employees (Full Time Equivalent)		791			779		767			779			764
Branch Locations		68			67		67			67			66

CITY HOLDING COMPANY AND SUBSIDIARIES
Consolidated Balance Sheets
($ in 000s)
	March 31			December 31
	2007			2006
Assets	*(Unaudited)*
Cash and due from banks	$	53,011		$	58,014
Interest-bearing deposits in depository institutions		6,041			27,434
Federal funds sold		20,000			25,000
Cash and cash equivalents		79,052			110,448

Investment securities available-for-sale, at fair value		540,261			472,398
Investment securities held-to-maturity, at amortized cost		46,396			47,500
Total investment securities		586,657			519,898

Gross Loans		1,691,748			1,677,469
Allowance for loan losses		(16,082	)		(15,405	)
Net loans		1,675,666			1,662,064

Bank owned life insurance		55,687			55,195
Premises and equipment		45,190			44,689
Accrued interest receivable		12,371			12,337
Net deferred tax assets		23,551			23,652
Intangible assets		58,681			58,857
Other assets		22,157			20,667
Total Assets	$	2,559,012		$	2,507,807

Liabilities
Deposits:
Noninterest-bearing	$	338,332		$	321,038
Interest-bearing:
Demand deposits		435,069			422,925
Savings deposits		343,366			321,075
Time deposits		922,384			920,179
Total deposits		2,039,151			1,985,217
Short-term borrowings		156,062			136,570
Long-term debt		21,940			48,069
Other liabilities		38,505			32,644
Total Liabilities		2,255,658			2,202,500

Stockholders' Equity
Preferred stock, par value $25 per share: 500,000 shares authorized; none issued		-			-
Common stock, par value $2.50 per share: 50,000,000 shares authorized;
18,499,282 shares issued at March 31, 2007 and December 31, 2006
less 1,278,095 and 1,009,095 shares in treasury, respectively		46,249			46,249
Capital surplus		103,938			104,043
Retained earnings		201,977			194,213
Cost of common stock in treasury		(44,126	)		(33,669	)
Accumulated other comprehensive (loss) income:
Unrealized loss on securities available-for-sale		(1,926	)		(2,649	)
Unrealized loss on derivative instruments		(88	)		(210	)
Underfunded pension liability		(2,670	)		(2,670	)
Total Accumulated Other Comprehensive (Loss) Income		(4,684	)		(5,529	)
Total Stockholders' Equity		303,354			305,307
Total Liabilities and Stockholders' Equity	$	2,559,012		$	2,507,807

CITY HOLDING COMPANY AND SUBSIDIARIES
Loan Portfolio
(Unaudited) ($ in 000s)

	March 31		Dec 31		Sept 30		June 30			March 31
	2007		2006		2006		2006			2006

Residential real estate	$	596,412	$	598,502	$	604,867	$	601,097		$	595,093
Home equity		324,653		321,708		318,666		313,301			304,559
Commercial, financial, and agriculture		713,183		698,719		713,933		668,581			643,269
Installment loans to individuals		44,756		42,943		41,215		42,307			54,287
Previously securitized loans		12,744		15,597		18,520		22,253			25,918
Gross Loans	$	1,691,748	$	1,677,469	$	1,697,201	$	1,647,539		$	1,623,126






CITY HOLDING COMPANY AND SUBSIDIARIES
Previously Securitized Loans
(Unaudited) ($ in millions)
						Annualized		Effective
				December 31		Interest		Annualized
		Year Ended:		Balance (a)		Income (a)		Yield (a)

		2006	$	15.6	$	9.4		42	%
		2007		10.0		6.2		50	%
		2008		7.7		4.6		51	%
		2009		6.6		3.8		51	%
		2010		5.7		3.3		51	%

(a) - 2006 amounts are based on actual results. 2007 amounts are based on actual results through 3/31/07 and estimated amounts for the remainder of the year. 2008, 2009, and 2010 amounts are based on estimated amounts.

Note: The amounts reflected in the table above require management to make significant assumptions based on
estimated future default, prepayment, and discount rates. Actual performance could be different from that
assumed, which could result in the actual results being materially different from the amounts estimated above.

CITY HOLDING COMPANY AND SUBSIDIARIES
Consolidated Average Balance Sheets, Yields, and Rates
(Unaudited) ($ in 000s)

	Three Months Ended March 31,
				2007								2006
	Average					Yield/			Average					Yield/
	Balance			Interest		Rate			Balance			Interest		Rate

Assets:
Loan portfolio:
Residential real estate	$	594,504		$	8,854		6.04	%	$	593,131		$	8,380		5.73	%
Home equity		322,647			6,242		7.85	%		302,265			5,594		7.51	%
Commercial, financial, and agriculture		716,517			13,343		7.55	%		635,249			11,293		7.21	%
Installment loans to individuals		42,903			1,269		12.00	%		56,546			1,593		11.43	%
Previously securitized loans		14,375			1,756		49.54	%		28,051			2,704		39.09	%
Total loans		1,690,946			31,464		7.55	%		1,615,242			29,564		7.42	%
Securities:
Taxable		505,585			6,933		5.56	%		574,195			7,260		5.13	%
Tax-exempt		40,413			658		6.60	%		44,303			719		6.58	%
Total securities		545,998			7,591		5.64	%		618,498			7,979		5.23	%
Deposits in depository institutions		13,033			117		3.64	%		14,888			150		4.09	%
Federal funds sold		19,533			256		5.32	%		-			-		0.00	%
Total interest-earning assets		2,269,510			39,428		7.05	%		2,248,628			37,693		6.80	%
Cash and due from banks		50,129								53,252
Bank premises and equipment		44,968								42,529
Other assets		169,046								168,035
Less: Allowance for loan losses		(15,636	)							(16,851	)
Total assets	$	2,518,017							$	2,495,593

Liabilities:
Interest-bearing demand deposits		430,201			1,332		1.26	%		444,126			1,259		1.15	%
Savings deposits		330,023			1,307		1.61	%		306,314			732		0.97	%
Time deposits		921,937			10,074		4.43	%		830,866			7,210		3.52	%
Short-term borrowings		146,455			1,512		4.19	%		151,728			1,127		3.01	%
Long-term debt		32,434			532		6.65	%		95,296			1,260		5.36	%
Total interest-bearing liabilities		1,861,050			14,757		3.22	%		1,828,330			11,588		2.57	%
Noninterest-bearing demand deposits		316,716								342,482
Other liabilities		31,234								28,564
Stockholders' equity		309,017								296,217
Total liabilities and
stockholders' equity	$	2,518,017							$	2,495,593
Net interest income				$	24,671							$	26,105
Net yield on earning assets							4.41	%							4.71	%

CITY HOLDING COMPANY AND SUBSIDIARIES
Analysis of Risk-Based Capital
(Unaudited) ($ in 000s)

	March 31			Dec. 31			Sept. 30			June 30			March 31
	2007 (a)			2006			2006			2006			2006

Tier I Capital:
Stockholders' equity	$	303,354		$	305,307		$	298,327		$	284,120		$	288,376
Goodwill and other intangibles		(58,681	)		(58,857	)		(59,038	)		(59,219	)		(59,378	)
Accumulated other comprehensive income		2,014			2,859			4,109			9,762			6,265
Qualifying trust preferred stock		16,000			16,000			22,000			25,500			25,500
Excess deferred tax assets		-			-			-			(4,079	)		(2,254	)
Total tier I capital	$	262,687		$	265,309		$	265,398		$	256,084		$	258,509


Total Risk-Based Capital:
Tier I capital	$	262,687		$	265,309		$	265,398		$	256,084		$	258,509
Qualifying allowance for loan losses		16,082			15,405			15,557			15,268			16,818
Total risk-based capital	$	278,769		$	280,714		$	280,955		$	271,352		$	275,327

Net risk-weighted assets	$	1,715,664		$	1,734,214		$	1,770,458		$	1,757,720		$	1,743,243


Ratios:
Average stockholders' equity to average assets		12.27	%		12.14	%		11.67	%		11.51	%		11.87	%
Tangible capital ratio		9.79	%		10.06	%		9.69	%		9.13	%		9.24	%
Risk-based capital ratios:
Tier I capital		15.31	%		15.30	%		14.99	%		14.58	%		14.83	%
Total risk-based capital		16.25	%		16.19	%		15.87	%		15.45	%		15.80	%
Leverage capital		10.68	%		10.79	%		10.81	%		10.34	%		10.62	%


(a) March 31, 2007 risk-based capital ratios are estimated.




CITY HOLDING COMPANY AND SUBSIDIARIES
Intangibles
(Unaudited) ($ in 000s)

	As of and for the Quarter Ended
		March 31			Dec 31.			Sept. 30			June 30			March 31
		2007			2006			2006			2006			2006

Intangibles, net	$	58,681		$	58,857		$	59,038		$	59,219		$	59,378
Intangibles amortization expense		176			181			181			181			181

CITY HOLDING COMPANY AND SUBSIDIARIES
Summary of Loan Loss Experience
(Unaudited) ($ in 000s)

	Quarter Ended
	March 31			Dec. 31			Sept. 30			June 30			March 31
	2007			2006			2006			2006			2006

Balance at beginning of period	$	15,405		$	15,557		$	15,268		$	16,818		$	16,790

Reduction of allowance for loans sold		-			-			-			(1,368	)		-

Charge-offs:
Commercial, financial, and agricultural		35			844			207			43			185
Real estate-mortgage		111			230			177			232			296
Installment loans to individuals		84			126			165			239			368
Overdraft deposit accounts		860			892			1,018			955			958
Total charge-offs		1,090			2,092			1,567			1,469			1,807

Recoveries:
Commercial, financial, and agricultural		148			101			44			33			32
Real estate-mortgage		15			350			64			56			105
Installment loans to individuals		132			118			131			151			198
Overdraft deposit accounts		573			470			392			372			500
Total recoveries		868			1,039			631			612			835

Net charge-offs		222			1,053			936			857			972
Provision for loan losses		900			901			1,225			675			1,000
Balance at end of period	$	16,083		$	15,405		$	15,557		$	15,268		$	16,818

Loans outstanding	$	1,691,748		$	1,677,469		$	1,697,201		$	1,647,539		$	1,623,126
Average loans outstanding		1,690,946			1,689,846			1,662,929			1,630,454			1,615,242
Allowance as a percent of loans outstanding		0.95	%		0.92	%		0.92	%		0.93	%		1.04	%
Allowance as a percent of non-performing loans		235.75	%		384.93	%		408.43	%		408.02	%		503.53	%
Net charge-offs (annualized) as a
percent of average loans outstanding		0.05	%		0.25	%		0.23	%		0.21	%		0.24	%
Net charge-offs, excluding overdraft deposit
accounts, (annualized) as a percent of average loans outstanding		(0.02	)%		0.15	%		0.07	%		0.07	%		0.13	%

CITY HOLDING COMPANY AND SUBSIDIARIES
Summary of Non-Performing Assets
(Unaudited) ($ in 000s)

	March 31			Dec. 31			Sept. 30			June 30			March 31
	2007			2006			2006			2006			2006

Nonaccrual loans	$	6,714		$	3,319		$	3,359		$	3,046		$	2,743
Accruing loans past due 90 days or more		108			635			328			573			512
Previously securitized loans past due 90 days or more		-			48			122			123			85
Total non-performing loans		6,822			4,002			3,809			3,742			3,340
Other real estate owned, excluding property associated
with previously securitized loans		290			161			499			294			403
Other real estate owned associated with previously
securitized loans		252			20			20			92			306
Other real estate owned		542			181			519			386			709
Total non-performing assets	$	7,364		$	4,183		$	4,328		$	4,128		$	4,049

Non-performing assets as a percent of loans and
other real estate owned		0.44	%		0.25	%		0.25	%		0.25	%		0.25	%