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City Holding Company CHCO Bank Owned Life Insurance

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Other financials

Income statement

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Revenue$81.5M+3.9%
Net income$33.3M-0.3%
EPS (diluted)$2.35+2.6%

Balance sheet

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Cash & equivalents$267.2M+55.2%
Total debt$150.0M0.0%
Total equity$808.9M+5.9%
Total assets$6.8B+2.7%

Cash flow

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Operating cash flow$32.6M+16.0%
CapEx$823.0K+112%
Free cash flow$31.8M+14.7%

Valuation

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Market cap$2.04B+16.7%
Enterprise value$1.92B+11.4%
P/E15.5×+1.2×
P/S6.3×+0.5×

Profitability

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Net margin40.9%+0.3pp
FCF margin43%+0.1pp

Returns & leverage

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Return on equity16.8%-0.1pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by City Holding Company in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The source filing: City Holding Company’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 11:43 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000726854-26-000164
Line item(Unaudited) / June 30, 2026December 31, 2025
Gross loans4,501,7744,503,331
Allowance for credit losses(19,839)(19,329)
Net Loans4,481,9354,484,002
Bank owned life insurance125,860124,370
Premises and equipment, net67,19069,133
Accrued interest receivable21,30020,718
Deferred tax assets, net31,60330,005
Goodwill and other intangible assets, net156,895157,871

Item 1. Financial Statements (Unaudited)

FAQ

What is City Holding Company's bank owned life insurance?
City Holding Company (CHCO) reported bank owned life insurance of $125.86M in Q2 2026.
How has City Holding Company's bank owned life insurance changed year-over-year?
City Holding Company's bank owned life insurance increased by 2.7% year-over-year, from $122.59M to $125.86M.
What is the long-term trend for City Holding Company's bank owned life insurance?
Over 5 years (2020 to 2025), City Holding Company's bank owned life insurance has grown at a 1.0% compound annual growth rate (CAGR), from $118.24M to $124.37M.
What does bank owned life insurance mean?
Bank Owned Life Insurance (BOLI) represents life insurance policies purchased by the bank on the lives of key employees, where the bank is the beneficiary. The cash surrender value of these policies is recorded as an asset, providing a tax-advantaged method to offset the costs of employee benefit programs. It serves as a long-term financial instrument that contributes to non-interest income through tax-deferred growth.

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