City Holding Company (Parent Company Only) Financial Information (Tables)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Balance Sheets

The following table presents the condensed balance sheets of City Holding Company, parent company only (in thousands):

	December 31
	2013		2012
Assets
Cash	$	28,423	$	14,349
Securities available-for-sale	4,673		4,186
Investment in subsidiaries	373,886		332,156
Deferred tax asset	2,990		3,247
Fixed assets	10		11
Other assets	519		2,180
Total Assets	$	410,501	$	356,129
Liabilities
Junior subordinated debentures	$	16,495	$	16,495
Dividends payable	5,828		5,192
Accrued interest payable	25		24
Other liabilities	530		1,144
Total Liabilities	22,878		22,855
Shareholders’ Equity	387,623		333,274
Total Liabilities and Shareholders’ Equity	$	410,501	$	356,129

Condensed Statements Of Comprehensive Income

The following table presents the condensed statements of comprehensive income of City Holding Company, parent company only (in thousands):

	Year Ended December 31
	2013			2012			2011
Income
Dividends from subsidiaries	$	46,317		$	41,422		$	44,600
Investment securities gains	89			1,134			—
Other income	66			65			92
	46,472			42,621			44,692
Expenses
Interest expense	617			661			639
Investment securities losses	—			—			918
Other expenses	2,352			533			613
	2,969			1,194			2,170
Income Before Income Tax (Benefit) Expense and Equity in Undistributed Net Income (Excess Dividends)  of Subsidiaries	43,503			41,427			42,522
Income tax (benefit) expense	(1,050		)	2			(704		)
Income Before Equity in Undistributed Net Income (Excess Dividends)  of Subsidiaries	44,553			41,425			43,226
Equity in undistributed net income (excess dividends) of subsidiaries	3,662			(2,480		)	(2,548		)
Net Income	$	48,215		$	38,945		$	40,678
Total Comprehensive Income	$	44,647		$	41,430		$	39,268

Condensed Statements Of Cash Flows

The following table presents the condensed statements of cash flows of City Holding Company, parent company only (in thousands):

	Year Ended December 31
	2013			2012			2011
Operating Activities
Net income	$	48,215		$	38,945		$	40,678
Adjustments to reconcile net income to net cash provided by operating activities:
Realized investment securities (gains) losses	(89		)	(1,134		)	918
Amortization and accretion	5			19			19
Deferred income tax benefit	—			—			(363		)
Stock based compensation	205			224			—
Depreciation	1			1			1
Change in other assets	1,656			740			1,522
Change in other liabilities	(236		)	1,136			(965		)
(Equity in undistributed net income) excess dividends of subsidiaries	(3,662		)	2,480			2,548
Net Cash Provided by Operating Activities	46,095			42,411			44,358
Investing Activities
Purchases of available for sale securities	—			(403		)	(29		)
Proceeds from sales of available for sale securities	137			2,473			—
Acquisition of Community Financial Corporation	(12,708		)	—			—
Acquisition of Virginia Savings Bank	—			(4,672		)	—
Net Cash Used in Investing Activities	(12,571		)	(2,602		)	(29		)
Financing Activities
Dividends paid	(22,878		)	(20,710		)	(20,630		)
Purchases of treasury stock	—			(7,915		)	(23,790		)
Exercise of stock options	3,428			544			463
Net Cash Used in Financing Activities	(19,450		)	(28,081		)	(43,957		)
Increase in Cash and Cash Equivalents	14,074			11,728			372
Cash and cash equivalents at beginning of year	14,349			2,621			2,249
Cash and Cash Equivalents at End of Year	$	28,423		$	14,349		$	2,621