Holding Company Condensed Financial Information (Tables) - C&F Financial Corporation

12 Months Ended

Dec. 31, 2023

Condensed Balance Sheet

	December 31,
(Dollars in thousands)	2023		2022
Condensed Balance Sheets
Assets
Cash	$	13,467	$	22,094
Other assets		22,210		21,227
Investment in C&F Bank		243,409		218,262
Total assets	$	279,086	$	261,583
Liabilities and equity
Trust preferred capital notes	$	25,422	$	25,386
Long-term borrowings		19,973		23,965
Other liabilities		16,813		16,598
Equity		216,878		195,634
Total liabilities and equity	$	279,086	$	261,583

Condensed Statements of Comprehensive Income

	Year Ended December 31,
(Dollars in thousands)	2023		2022		2021
Condensed Statements of Comprehensive Income
Interest expense on borrowings	$	(2,246)	$	(2,358)	$	(2,348)
Dividends received from C&F Bank		10,600		12,500		12,500
Equity in undistributed net income of C&F Bank		15,552		19,292		18,653
Other income		2,257		(3,230)		2,207
Other expenses		(2,559)		2,955		(2,345)
Net income		23,604		29,159		28,667
Other comprehensive income (loss), net of tax		10,271		(34,871)		(132)
Comprehensive income (loss)	$	33,875	$	(5,712)	$	28,535

Condensed Statements of Cash Flows

	Year Ended December 31,
(Dollars in thousands)	2023		2022		2021
Condensed Statements of Cash Flows
Operating activities:
Net cash provided by operating activities	$	8,926	$	9,750	$	12,001
Investing activities:
Swap collateral, net		—		2,705		1,030
Net cash provided by investing activities		—		2,705		1,030
Financing activities:
Repayment of borrowings		(4,000)		—		—
Common stock repurchases		(7,758)		(5,373)		(8,232)
Cash dividends		(5,986)		(5,756)		(5,675)
Other financing activities, net		191		184		188
Net cash used in financing activities		(17,553)		(10,945)		(13,719)
Net (decrease) increase in cash and cash equivalents		(8,627)		1,510		(688)
Cash at beginning of year		22,094		20,584		21,272
Cash at end of year	$	13,467	$	22,094	$	20,584