Exhibit 10.16

BASE SALARIES FOR EXECUTIVE OFFICERS

OF

C&F FINANCIAL CORPORATION

The following are the base salaries (on an annual basis) effective as of January 1, 2017 of the executive officers of C&F Financial Corporation:

Larry G. Dillon	$	323,000
Chairman and Chief Executive Officer
Thomas F. Cherry	$	310,000
President and Secretary
Jason E. Long	$	191,500
Senior Vice President and Chief Financial Officer
John A. Seaman III	$	198,000
Senior Vice President and Chief Credit Officer of C&F Bank
Bryan E. McKernon	$	220,000
President and Chief Executive Officer of C&F Mortgage Corporation
S. Dustin Crone	$	228,500
President of C&F Finance Company