{"schema_version":"secwatch.filing_event.v1","accession":"0000726854-23-000087","form_type":"8-K","ticker":"CHCO","cik":"0000726854","company_name":"CITY HOLDING CO","filed_at":"2023-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.903383+00:00","generated_at":"2026-06-18T05:05:37.529293+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"City Holding completes $62.1M stock acquisition of Citizens Commerce Bancshares","bullets":["Each Citizens share exchanged for 0.1666 City shares; deal valued at $15.37/share.","Combined company has $6.2B assets, $5.2B deposits, $3.9B loans as of Dec 31, 2022.","Deal strengthens City's presence in Lexington, Kentucky MSA; Citizens merged into City National Bank.","City retained more employees than anticipated; one dozen admin/operational staff filled open positions."],"urls":{"canonical":"https://secwatch.observer/filing/0000726854-23-000087","json":"https://secwatch.observer/filing/0000726854-23-000087.json","markdown":"https://secwatch.observer/filing/0000726854-23-000087.md","text":"https://secwatch.observer/filing/0000726854-23-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/726854/000072685423000087/0000726854-23-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/726854/000072685423000087/chco-20230310.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T05:05:37.529293+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f3476078c70f9f227ef2998ad5aeaed39c12f419","claim":"CITY HOLDING CO completed an acquisition involving Citizens Commerce Bancshares, Inc. for approximately $62.1 million, or $15.37 per share of Citizens common stock (closed 2023-03-10).","evidence_excerpt":"The acquisition became effective as of the close of business on March 10, 2023. The acquisition of Citizens was structured as a stock transaction valued at approximately $62.1 million, or $15.37 per share of Citizens common stock, with each share of Citizens common stock being exchanged for 0.1666 shares of City common stock. City and Citizens first announced","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/726854/000072685423000087/0000726854-23-000087-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Citizens Commerce Bancshares, Inc."},{"label":"Consideration","value":"approximately $62.1 million, or $15.37 per share of Citizens common stock"},{"label":"Closing","value":"2023-03-10"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}