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City Holding Co.

City Holding Co.

Sector: Offices Of Bank Holding Companies Region: WV, United States


: | Nasdaq: CHCO


City Holding Co. operates as a bank holding company for City National Bank of West Virginia. It provides diversified financial products and services to consumers and local businesses through its subsidiary. The company also provides credit, deposit, investment advisory and insurance products and services to its customers. The company's loan portfolio is comprised of commercial and industrial, commercial real estate, residential real estate, home equity, consumer loans and DDA overdraft. The commercial and industrial loan portfolio consists of loans to corporate borrowers primarily in small to mid-size industrial and commercial companies, as well as automobile dealers, service, retail and wholesale merchants. Collateral securing these loans includes equipment, machinery, inventory, receivables and vehicles. Commercial real estate loans consist of commercial mortgages, which generally are secured by nonresidential and multi-family residential properties, including hotel/motel and apartment lending. Residential mortgage loans represent loans to consumers for the purchase or refinance of a residence. Home equity lending includes both home equity loans and lines-of-credit. Consumer loans are secured by automobiles, boats, recreational vehicles, and other personal property. DDA overdraft balances reflect demand deposit accounts that have been overdrawn by deposit customers and have been reclassified as loans. It currently limited to one reportable business segment, which is Community Banking. The company was founded in 1982 and is headquartered in Cross Lanes, WV.

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