City Holding Company CHCO Payments to Acquire Low Income Housing Tax Credits
Payments to Acquire Low Income Housing Tax Credits at other companies
Other financials
Where this comes from
Reported directly by City Holding Company in its filing.
Tagged under the XBRL concept chco:PaymentsToAcquireLowIncomeHousingTaxCredits.
The official record: City Holding Company’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is City Holding Company's payments to acquire low income housing tax credits?
- City Holding Company (CHCO) reported payments to acquire low income housing tax credits of $1.36M in Q1 2026.
- How has City Holding Company's payments to acquire low income housing tax credits changed year-over-year?
- City Holding Company's payments to acquire low income housing tax credits decreased by 51.2% year-over-year, from $2.79M to $1.36M.
- What is the long-term trend for City Holding Company's payments to acquire low income housing tax credits?
- Over 4 years (2021 to 2025), City Holding Company's payments to acquire low income housing tax credits has grown at a 36.0% compound annual growth rate (CAGR), from $2.89M to $9.89M.
- What does payments to acquire low income housing tax credits mean?
- This represents the cash outflows associated with investments in low-income housing projects, which entitle the bank to receive federal or state tax credits. These investments are primarily driven by the desire to reduce the bank's overall tax liability while supporting community development initiatives. It is a strategic capital allocation decision that balances social responsibility with tax efficiency.