C&F Financial Corporation (CFFI)

C&F Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	139.59	110.94	90.83	88.12	90.99
Interest Income on Investments	-	13.2	10.52	5.61	5.92
Total Interest Income	139.59	124.14	101.35	93.73	96.91
Interest Paid on Deposits	42.82	20.39	5.22	5.44	9.63
Interest Paid on Borrowings	-	6.04	2.67	2.92	3.75
Total Interest Expense	42.82	26.43	7.89	8.36	13.38
Net Interest Income	96.78	97.71	93.46	85.37	83.53
Net Interest Income Growth (YoY)	-0.95%	4.54%	9.48%	2.20%	3.82%
Trust Income	-	2.56	2.44	2.76	2.62
Mortgage Banking Activities	-	2.11	2.93	6.48	7.71
Gain (Loss) on Sale of Investments	-	-0.01	-	0.04	0.04
Other Non-Interest Income	24.47	14.84	12.26	14.66	11.96
Total Non-Interest Income	30.54	29.62	29.44	49.94	54.91
Non-Interest Income Growth (YoY)	3.12%	0.59%	-41.05%	-9.05%	74.62%
Revenues Before Loan Losses	127.31	127.32	122.9	135.31	138.44
Provision for Loan Losses	13.25	8.28	3.17	0.58	11.08
Revenue	114.06	119.05	119.73	134.73	127.36
Revenue Growth (YoY)	-4.19%	-0.57%	-11.13%	5.79%	23.19%
Salaries and Employee Benefits	53.58	52.88	45.89	56.88	56.1
Selling, General & Administrative	-	25.16	25.62	26.23	11.75
Other Non-Interest Expense	36.35	11.84	11.02	13.43	26.77
Total Non-Interest Expense	89.93	89.88	82.54	96.54	94.63
EBT Excluding Unusual Items	24.13	29.16	37.19	38.19	32.73
Other Unusual Items	-	-	-	-	-2.2
Pretax Income	24.13	29.16	36.96	38.08	29.22
Income Tax Expense	4.22	5.42	7.6	8.96	6.8
Earnings From Continuing Operations	19.92	23.75	29.37	29.12	22.42
Minority Interest in Earnings	-	-0.14	-0.21	-0.46	-0.31
Net Income	19.92	23.6	29.16	28.67	22.12
Net Income to Common	19.92	23.6	29.16	28.67	22.12
Net Income Growth	-15.62%	-19.05%	1.72%	29.62%	17.28%
Basic Shares Outstanding	3	3	4	4	4
Diluted Shares Outstanding	3	3	4	4	4
Shares Change (YoY)	-3.29%	-2.99%	-2.41%	-1.22%	5.74%
EPS (Basic)	6.04	6.92	8.29	7.95	6.06
EPS (Diluted)	6.04	6.92	8.29	7.95	6.06
EPS Growth	-12.74%	-16.56%	4.23%	31.22%	10.91%
Dividend Per Share	1.760	1.760	1.640	1.580	1.520
Dividend Growth	0%	7.32%	3.80%	3.95%	2.01%
Effective Tax Rate	17.47%	18.58%	20.55%	23.53%	23.26%

Source: S&P Capital IQ. Banks template. Financial Sources.