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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest income        
Interest and fees on loans $ 22,323 $ 20,626 $ 43,243 $ 41,443
Interest on interest-bearing deposits and federal funds sold 582 553 1,171 1,017
Interest and dividends on securities        
U.S. government agencies and corporations 101 88 202 175
Mortgage-backed securities 567 566 1,178 1,111
Tax-exempt obligations of states and political subdivisions 556 696 1,139 1,411
Taxable obligations of states and political subdivisions 93 74 186 145
Other 54 48 108 93
Total interest income 24,276 22,651 47,227 45,395
Interest expense        
Savings and interest-bearing deposits 597 348 1,199 712
Time deposits 1,624 981 2,930 1,937
Borrowings 1,120 1,048 2,231 2,021
Trust preferred capital notes 310 287 595 570
Total interest expense 3,651 2,664 6,955 5,240
Net interest income 20,625 19,987 40,272 40,155
Provision for loan losses 1,810 2,000 4,205 5,300
Net interest income after provision for loan losses 18,815 17,987 36,067 34,855
Noninterest income        
Gains on sales of loans 2,955 2,408 5,091 4,647
Service charges on deposit accounts 944 1,041 1,862 2,090
Other service charges and fees 1,684 1,544 2,752 2,604
Net gains (losses) on maturities and calls of available for sale securities 1 (1) 5 4
Wealth management services income, net 475 459 924 884
Interchange income 1,071 981 2,029 1,887
Other 1,072 809 2,642 1,571
Total noninterest income 8,202 7,241 15,305 13,687
Noninterest expenses        
Salaries and employee benefits 11,495 11,073 23,402 21,806
Occupancy 2,148 2,024 4,338 4,055
Other 5,906 5,664 11,486 11,439
Total noninterest expenses 19,549 18,761 39,226 37,300
Income before income taxes 7,468 6,467 12,146 11,242
Income tax expense 1,626 1,397 2,533 2,280
Net income 5,842 5,070 9,613 8,962
Less net income (loss) attributable to noncontrolling interest (1)   (1)  
Net income attributable to C&F Financial Corporation $ 5,843 $ 5,070 $ 9,614 $ 8,962
Net income per share - basic and diluted $ 1.69 $ 1.45 $ 2.77 $ 2.56