secwatch.observer — SEC 8-K summary
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Issuer:     CITY HOLDING CO (CHCO)
CIK:        0000726854
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0000726854-23-000102
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

City Holding Q1 net income $24.3M, EPS $1.63; includes $5.6M acquisition costs
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- Net income $24.3M, diluted EPS $1.63; after-tax drag of $0.40 from $5.6M Citizens acquisition costs and $2.0M credit loss on acquired loans.
- Net interest income $53.5M (+2.7% linked qtr); NIM expanded to 4.05% from 3.89%.
- Loans up $248.4M to $3.89B primarily from Citizens; organic loans declined $6.3M.
- Nonperforming assets stable at 0.17%; provision for credit losses $2.9M.
- Declared $0.65 dividend payable Apr 28; repurchased 218k shares at $92.10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/726854/000072685423000102/0000726854-23-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/726854/000072685423000102/chco-20230425.htm
  HTML page:      https://secwatch.observer/filing/0000726854-23-000102

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer