XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income    
Interest and fees on loans $ 20,920 $ 20,817
Interest on interest-bearing deposits and federal funds sold 589 464
Interest and dividends on securities    
U.S. government agencies and corporations 101 87
Mortgage-backed securities 611 546
Tax-exempt obligations of states and political subdivisions 583 715
Taxable obligations of states and political subdivisions 93 71
Other 54 44
Total interest income 22,951 22,744
Interest expense    
Savings and interest-bearing deposits 602 364
Time deposits 1,306 956
Borrowings 1,111 973
Trust preferred capital notes 285 283
Total interest expense 3,304 2,576
Net interest income 19,647 20,168
Provision for loan losses 2,395 3,300
Net interest income after provision for loan losses 17,252 16,868
Noninterest income    
Gains on sales of loans 2,136 2,239
Service charges on deposit accounts 918 1,049
Other service charges and fees 1,068 1,060
Net gains on maturities and calls of available for sale securities 4 5
Wealth management services income, net 449 425
Interchange income 958 906
Other 1,570 762
Total noninterest income 7,103 6,446
Noninterest expenses    
Salaries and employee benefits 11,907 10,733
Occupancy 2,190 2,031
Other 5,580 5,775
Total noninterest expenses 19,677 18,539
Income before income taxes 4,678 4,775
Income tax expense 907 883
Net income 3,771 3,892
Net income attributable to C&F Financial Corporation $ 3,771 $ 3,892
Net income per share - basic and diluted $ 1.08 $ 1.11