City Holding Company, incorporated on March 12, 1981, is a financial holding company. The Company conducts its principal activities through its subsidiary, City National Bank of West Virginia (City National). As of December 31, 2016, the City National provided banking, trust and investment management and other financial solutions through its network of 85 banking offices located in the states of West Virginia, Virginia, eastern Kentucky and southeastern Ohio. City National offers various products and services, including commercial banking, consumer banking, mortgage banking, and wealth management and trust services. City National provides credit, deposit and investment advisory products and services to rural and small community markets in addition to cities, including Charleston, Huntington, Martinsburg, Winchester, Staunton, Virginia Beach, Ashland and Lexington.
City National offers a range of commercial banking services to corporations and other business customers. Loans are provided for a range of business purposes, including financing for commercial and industrial projects, income producing commercial real estate, owner-occupied real estate and construction and land development. City National also provides deposit services for commercial customers, including treasury management, lockbox and other cash management services. City National provides merchant credit card services through an agreement with a third party vendor.
City National provides banking services to consumers, including checking, savings and money market accounts, as well as certificates of deposit and individual retirement accounts. In addition, City National provides consumer consumers with installment and real estate loans and lines of credit. City National also offers credit cards through an agreement with a third party vendor. City National provides mortgage banking services, including fixed and adjustable-rate mortgages, construction financing, production of conventional and government insured mortgages, secondary marketing and mortgage servicing. City National offers specialized services in the areas of wealth management, trust, investment and custodial services for commercial and individual customers. These services include the administration of personal trusts and estates, as well as the management of investment accounts for individuals, employee benefit plans and charitable foundations. City National also provides corporate trust and institutional custody, financial and estate planning and retirement plan services.
City National's loan portfolio consists of commercial and industrial, commercial real estate, residential real estate, home equity-junior lien, consumer loans and demand deposit account (DDA) overdrafts. The commercial and industrial loan portfolio consists of loans to corporate and other legal entity borrowers primarily in small to mid-size industrial and commercial companies. As of December 31, 2016, the Company had commercial and industrial loans of $185.7 million. Its commercial real estate loans consist of commercial mortgages, which generally are secured by nonresidential and multi-family residential properties. As of December 31, 2016, the Company had commercial real estate loans of $1.23 billion.
City National's residential real estate loans represent loans to consumers that are secured by a first lien on residential property. Residential real estate loans provide for the purchase or refinance of a residence and first-lien home equity loans allow consumers to borrow against the equity in their home. These loans primarily consist of single family three and five year adjustable rate mortgages. City National also offers fixed-rate residential real estate loans that are sold in the secondary market that are not included on City National's balance sheet and City National does not retain the servicing rights to these loans. City National's home equity loans represent loans to consumers that are secured by a second (or junior) lien on a residential property. The Company has residential real estate of $1.45 billion. The Company has home equity loans of $142.0 million. Its consumer loans are secured by automobiles, boats, recreational vehicles, certificates of deposit and other personal property. The Company has approximately $32.5 million of consumer loans. DDA overdraft balances reflect demand deposit accounts that have been overdrawn by deposit customers and have been reclassified as loans. The Company has approximately $5.1 million of DDA overdrafts.
25 Gatewater Rd,
The company trades on NASDAQ exchange. The company headquarter is located in West Virginia, WV. The company was established in the 1957.| Ticker | CHCO |
| Long Name | City Holding Company |
| Short Name | City Holding |