City Holding Company ("Company" or "City") (NASDAQ:CHCO), a $6.0 billion bank holding company headquartered in Charleston, West Virginia, today announced quarterly net income of $22.7 million and diluted earnings of $1.47 per share for the quarter ended September 30, 2021. For the third quarter of 2021, the Company achieved a return on assets of 1.53% and a return on tangible equity of 15.7%. For the nine months ended September 30, 2021, City reported net income of $64.7 million, or diluted earnings per share of $4.13.

Charles R. ("Skip") Hageboeck, the President and Chief Executive Officer of City Holding Company, commented: "While our financial performance is not quite back to pre-COVID levels, City's financial performance continued on an upward swing in the third quarter of 2021. Net interest income, largely on the strength of fee income related to Government sponsored Paycheck Protection Program ("PPP") loans, increased $1.6 million from the quarter ended June 30, 2021 and noninterest income, exclusive of security items, was up $1.3 million from the quarter ended September 30, 2020."

"Asset quality continues to be a hallmark for City with nonperforming assets dropping to below $10 million ($9.0 million or just 0.26% of total loans and other real estate owned). Past due loans and troubled debt restructurings also declined during the quarter ended September 30, 2021. Deferrals on commercial loans have also declined significantly during the quarter to just $15 million and are solely related to hotel and lodging customers."

"While consumer related lending continues to be challenging with the current interest rate environment, commercial loans grew $36 million, or 2% (8.1% annualized), during the quarter ended September 30, 2021, exclusive of PPP balances. As of September 30, 2021, our PPP balances have declined to $26 million with less than $1 million remaining outstanding from PPP loans originated in 2020 and approximately 45% of loans originated in 2021 already forgiven."

Net Interest Income

The Company's net interest income increased from $37.9 million during the second quarter of 2021 to $39.5 million during the third quarter of 2021. The Company's tax equivalent net interest income increased from $38.3 million for the second quarter of 2021 to $39.8 million for the third quarter of 2021. An increase in loan fees related to PPP loan forgiveness increased net interest income by $0.6 million. In addition, a modest increase in loan yields, due to interest recoveries on previously charged-off loans, increased net interest income by $0.6 million and lower rates paid on time deposits (16 basis points) increased net interest income by $0.4 million. The Company's reported net interest margin increased from 2.81% for the second quarter of 2021 to 2.89% for the third quarter of 2021. Excluding the favorable impact of the accretion from fair value adjustments, the net interest margin would have been 2.86% for the quarter ended September 30, 2021 and 2.76% for the quarter ended June 30, 2021.

Credit Quality

The Company's ratio of nonperforming assets to total loans and other real estate owned decreased from 0.32% at June 30, 2021 to 0.26% at September 30, 2021. Total nonperforming assets decreased from $11.4 million at June 30, 2021 to $9.0 million at September 30, 2021. Total past due loans decreased slightly from $7.6 million, or 0.22% of total loans outstanding, at June 30, 2021 to $7.3 million, or 0.21% of total loans outstanding, at September 30, 2021.

As a result of the Company's quarterly analysis of the adequacy of the allowance for credit losses ("ACL"), the Company recorded a recovery of credit losses of $0.7 million in the third quarter of 2021, compared to a provision for credit losses of $1.0 million for the comparable period in 2020 and a recovery of credit losses of $2.0 million for the second quarter of 2021. Due to adjustments to other qualitative and other factors, the Company partially recovered a portion of the provision for credit losses incurred in the quarter ended March 31, 2020.

Non-interest Income

Non-interest income was $17.9 million for the third quarter of 2021 as compared to $17.0 million for the third quarter of 2020. During the third quarter of 2021, the Company reported $0.1 million of unrealized fair value gains on the Company's equity securities compared to $0.5 million of unrealized fair value gains on the Company's equity securities in the third quarter of 2020. Exclusive of these gains, non-interest income increased from $16.5 million for the third quarter of 2020 to $17.8 million for the third quarter of 2021. This increase was largely attributable to higher bankcard revenues ($0.7 million, or 12.0%) and service charges ($0.4 million, or 6.5%). In addition, trust and investment management fee income increased $0.3 million and other income increased $0.2 million from the quarter ended September 30, 2020. These increases were partially offset by a decrease in bank owned life insurance revenues due to lower death benefit proceeds ($0.3 million).

Non-interest Expenses

Non-interest expenses increased $0.5 million (1.6%), from $28.7 million in the third quarter of 2020 to $29.2 million in the third quarter of 2021. This increase was primarily due to an increase in advertising expenses of $0.3 million and telecommunication expenses of $0.2 million.

Balance Sheet Trends

Loans decreased $7.5 million from June 30, 2021 to September 30, 2021, to $3.52 billion. PPP loans decreased $23.5 million from $49.8 million at June 30, 2021 to $26.3 million at September 30, 2021. Excluding outstanding PPP loans (included in the commercial and industrial loan category), total loans increased $16.0 million, (0.5%), from June 30, 2021 to $3.50 billion at September 30, 2021. Commercial real estate loans increased $18.2 million (1.2%) and commercial and industrial loans increased $18.0 million (5.8%) (excluding PPP loans). These increases were partially offset by decreases in residential real estate loans ($14.5 million or 1.0%); home equity loans ($2.8 million or 2.2%); and consumer loans ($1.9 million or 4.2%).

Total average depository balances increased $40.8 million, or 0.8%, from the quarter ended June 30, 2021 to the quarter ended September 30, 2021. Average noninterest-bearing demand deposit balances increased $45.4 million, average savings deposit balances increased $27.5 million, and average interest-bearing demand deposit balances increased $23.3 million. These increases were partially offset by a decrease in time deposit balances of $55.4 million.

Income Tax Expense

The Company's effective income tax rate for the third quarter of 2021 was 21.6% compared to 19.5% for the year ended December 31, 2020, and 20.2% for the quarter ended September 30, 2020.

Capitalization and Liquidity

The Company's loan to deposit ratio was 72.1% and the loan to asset ratio was 59.2% at September 30, 2021. The Company maintained investment securities totaling 23.5% of assets as of the same date. The Company's deposit mix is weighted heavily toward checking and saving accounts, which fund 63.6% of assets at September 30, 2021. Time deposits fund 18.5% of assets at September 30, 2021, but very few of these deposits are in accounts that have balances of more than $250,000, reflecting the core retail orientation of the Company.

The Company continues to be strongly capitalized with tangible equity of $560 million at September 30, 2021. Due primarily to the influx of deposits and share repurchases during the nine months ended September 30, 2021, the Company's tangible equity ratio decreased from 10.3% at December 31, 2020 to 9.6% at September 30, 2021. At September 30, 2021, City National Bank's Leverage Ratio was 8.73%, its Common Equity Tier I ratio was 14.61%, its Tier I Capital ratio was 14.61%, and its Total Risk-Based Capital ratio was 15.06%. These regulatory capital ratios are significantly above levels required to be considered "well capitalized," which is the highest possible regulatory designation.

On September 29, 2021, the Board of Directors of the Company approved a quarterly cash dividend of $0.58 per share payable October 29, 2021, to shareholders of record as of October 15, 2021. During the quarter ended September 30, 2021, the Company repurchased 337,000 common shares at a weighted average price of $75.65 as part of a one million share repurchase plan authorized by the Board of Directors in March 2021. As of September 30, 2021, the Company could repurchase approximately 446,000 additional shares under the plan.

City Holding Company is the parent company of City National Bank of West Virginia. City National Bank operates 94 branches across West Virginia, Kentucky, Virginia, and Ohio.

Forward-Looking Information

This news release contains certain forward-looking statements that are included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements express only management's beliefs regarding future results or events and are subject to inherent uncertainty, risks, and changes in circumstances, many of which are outside of management's control. Uncertainty, risks, changes in circumstances and other factors could cause the Company's actual results to differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ from those discussed in such forward-looking statements include, but are not limited to those set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2020 under "ITEM 1A Risk Factors" and the following: (1) general economic conditions, especially in the communities and markets in which we conduct our business; (2) the uncertainties on the Company's business, results of operations and financial condition, caused by the COVID-19 pandemic, which will depend on several factors, including the scope and duration of the pandemic, its continued influence on financial markets, the effectiveness of the Company's work from home arrangements and staffing levels in operational facilities, the impact of market participants on which the Company relies and actions taken by governmental authorities and other third parties in response to the pandemic; (3) credit risk, including risk that negative credit quality trends may lead to a deterioration of asset quality, risk that our allowance for credit losses may not be sufficient to absorb actual losses in our loan portfolio, and risk from concentrations in our loan portfolio; (4) changes in the real estate market, including the value of collateral securing portions of our loan portfolio; (5) changes in the interest rate environment; (6) operational risk, including cybersecurity risk and risk of fraud, data processing system failures, and network breaches; (7) changes in technology and increased competition, including competition from non-bank financial institutions; (8) changes in consumer preferences, spending and borrowing habits, demand for our products and services, and customers' performance and creditworthiness; (9) difficulty growing loan and deposit balances; (10) our ability to effectively execute our business plan, including with respect to future acquisitions; (11) changes in regulations, laws, taxes, government policies, monetary policies and accounting policies affecting bank holding companies and their subsidiaries; (12) deterioration in the financial condition of the U.S. banking system may impact the valuations of investments the Company has made in the securities of other financial institutions; (13) regulatory enforcement actions and adverse legal actions; (14) difficulty attracting and retaining key employees; (15) other economic, competitive, technological, operational, governmental, regulatory, and market factors affecting our operations. Forward-looking statements made herein reflect management's expectations as of the date such statements are made. Such information is provided to assist stockholders and potential investors in understanding current and anticipated financial operations of the Company and is included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances that arise after the date such statements are made. Further, the Company is required to evaluate subsequent events through the filing of its September 30, 2021 Form 10-Q. The Company will continue to evaluate the impact of any subsequent events on the preliminary September 30, 2021 results and will adjust the amounts if necessary.

CITY HOLDING COMPANY AND SUBSIDIARIES
Financial Highlights
(Unaudited)

	Three Months Ended										Nine Months Ended
	September 30, 2021		June 30, 2021		March 31, 2021		December 31, 2020		September 30, 2020		September 30, 2021		September 30, 2020

Earnings
Net Interest Income (fully taxable equivalent)	$	39,822	$	38,257	$	37,871	$	38,514	$	38,278	$	115,950	$	117,168
Net Income available to common shareholders		22,732		22,148		19,814		22,222		20,126		64,694		67,374

Per Share Data
Earnings per share available to common shareholders:
Basic	$	1.47	$	1.41	$	1.25	$	1.40	$	1.25	$	4.13	$	4.15
Diluted		1.47		1.41		1.25		1.40		1.25		4.13		4.15
Weighted average number of shares (in thousands):
Basic		15,279		15,573		15,656		15,708		15,950		15,501		16,065
Diluted		15,302		15,594		15,687		15,733		15,970		15,526		16,084
Period-end number of shares (in thousands)		15,192		15,527		15,724		15,768		15,848		15,192		15,848
Cash dividends declared	$	0.58	$	0.58	$	0.58	$	0.58	$	0.57	$	1.74	$	1.71
Book value per share (period-end)	$	44.58	$	44.79	$	43.99	$	44.47	$	43.62	$	44.58	$	43.62
Tangible book value per share (period-end)		36.85		37.20		36.47		36.94		36.11		36.85		36.11
Market data:
High closing price	$	79.99	$	83.85	$	87.41	$	70.77	$	67.98	$	87.41	$	82.40
Low closing price		72.29		74.44		69.05		56.98		55.37		69.05		55.18
Period-end closing price		77.91		75.24		81.78		69.55		57.61		77.91		57.61
Average daily volume (in thousands)		53		61		63		56		67		59		75
Treasury share activity:
Treasury shares repurchased (in thousands)		337		217		75		81		231		629		492
Average treasury share repurchase price	$	75.65	$	78.75	$	76.71	$	60.32	$	59.49	$	76.85	$	64.23

Key Ratios (percent)
Return on average assets		1.53%		1.49%		1.38%		1.59%		1.46%		1.47%		1.68%
Return on average tangible equity		15.7%		15.2%		13.5%		15.3%		13.8%		14.8%		15.6%
Yield on interest earning assets		3.04%		3.00%		3.17%		3.32%		3.43%		3.07%		3.75%
Cost of interest bearing liabilities		0.22%		0.27%		0.37%		0.47%		0.58%		0.28%		0.73%
Net Interest Margin		2.89%		2.81%		2.91%		2.99%		3.02%		2.87%		3.22%
Non-interest income as a percent of total revenue		31.1%		31.0%		30.4%		30.7%		30.3%		31.0%		35.8%
Efficiency Ratio		50.0%		52.8%		54.3%		51.0%		51.6%		52.3%		51.5%
Price/Earnings Ratio (a)		13.22		13.35		16.30		12.41		11.53		14.14		10.40

Capital (period-end)
Average Shareholders' Equity to Average Assets		11.69%		11.81%		12.30%		12.46%		12.71%
Tangible equity to tangible assets		9.59%		9.98%		9.93%		10.33%		10.61%
Consolidated City Holding Company risk based capital ratios (b):
CET I		15.95%		16.40%		16.76%		16.18%		15.93%
Tier I		15.95%		16.40%		16.76%		16.18%		15.93%
Total		16.39%		16.88%		17.33%		16.75%		16.50%
Leverage		9.46%		9.70%		10.06%		10.22%		10.19%
City National Bank risk based capital ratios (b):
CET I		14.61%		14.82%		14.75%		14.10%		14.46%
Tier I		14.61%		14.82%		14.75%		14.10%		14.46%
Total		15.06%		15.30%		15.33%		14.68%		15.04%
Leverage		8.73%		8.80%		8.91%		8.97%		9.32%

Other (period-end)
Branches		94		94		94		94		94
FTE		921		912		916		926		925

Assets per FTE (in thousands)	$	6,463	$	6,477	$	6,434	$	6,219	$	5,984
Deposits per FTE (in thousands)		5,308		5,271		5,236		5,024		4,799


(a) The price/earnings ratio is computed based on annualized quarterly earnings (excludes gain for sale of VISA shares, net of taxes).
(b) September 30, 2021 risk-based capital ratios are estimated.

CITY HOLDING COMPANY AND SUBSIDIARIES
Consolidated Statements of Income
(Unaudited) ($ in 000s, except per share data)

	Three Months Ended														Nine Months Ended
	September 30, 2021			June 30, 2021			March 31, 2021			December 31, 2020			September 30, 2020		September 30, 2021			September 30, 2020

Interest Income
Interest and fees on loans	$	33,961		$	33,114		$	34,324		$	35,685		$	35,761	$	101,399		$	114,813
Interest on investment securities:
Taxable		6,144			5,932			5,242			5,500			6,266		17,318			17,855
Tax-exempt		1,257			1,291			1,253			1,254			1,132		3,801			2,659
Interest on deposits in depository institutions		196			162			118			60			72		476			432
Total Interest Income		41,558			40,499			40,937			42,499			43,231		122,994			135,759

Interest Expense
Interest on deposits		1,955			2,460			3,280			4,198			5,123		7,695			18,324
Interest on short-term borrowings		115			125			117			120			131		357			873
Interest on long-term debt		-			-			-			-			-		-			100
Total Interest Expense		2,070			2,585			3,397			4,318			5,254		8,052			19,297
Net Interest Income		39,488			37,914			37,540			38,181			37,977		114,942			116,462
(Recovery of) provision for credit losses		(725	)		(2,000	)		(440	)		474			1,026		(3,165	)		10,248
Net Interest Income After (Recovery of) Provision for Credit Losses		40,213			39,914			37,980			37,707			36,951		118,107			106,214

Non-Interest Income
Net gains on sale of investment securities		-			29			283			6			-		312			56
Unrealized gains (losses) recognized on equity securities still held		93			410			(51	)		835			461		452			(1,698	)
Service charges		6,706			5,895			5,881			6,771			6,295		18,482			18,962
Bankcard revenue		6,791			7,221			6,213			5,991			6,065		20,225			17,068
Trust and investment management fee income		2,172			2,012			2,033			2,162			1,844		6,217			5,574
Bank owned life insurance		747			940			1,460			813			1,088		3,147			3,611
Sale of VISA shares		-			-			-			-			-		-			17,837
Other income		1,438			941			811			1,143			1,232		3,190			3,550
Total Non-Interest Income		17,947			17,448			16,630			17,721			16,985		52,025			64,960

Non-Interest Expense
Salaries and employee benefits		15,321			15,559			15,671			15,989			15,361		46,551			46,085
Occupancy related expense		2,507			2,525			2,622			2,447			2,428		7,654			7,318
Equipment and software related expense		2,554			2,655			2,544			2,660			2,607		7,753			7,540
FDIC insurance expense		396			382			405			363			355		1,183			522
Advertising		804			824			881			538			462		2,509			2,238
Bankcard expenses		1,549			1,746			1,584			1,443			1,517		4,879			4,450
Postage, delivery, and statement mailings		573			568			592			546			513		1,733			1,721
Office supplies		406			371			392			413			396		1,169			1,143
Legal and professional fees		610			589			675			438			548		1,874			1,738
Telecommunications		790			676			690			540			547		2,156			1,589
Repossessed asset (gains) losses, net of expenses		(108	)		1			79			(68	)		39		(28	)		313
Other expenses		3,776			3,678			3,674			3,332			3,939		11,128			11,992
Total Non-Interest Expense		29,178			29,574			29,809			28,641			28,712		88,561			86,649
Income Before Income Taxes		28,982			27,788			24,801			26,787			25,224		81,571			84,525
Income tax expense		6,250			5,640			4,987			4,565			5,098		16,877			17,151
Net Income Available to Common Shareholders	$	22,732		$	22,148		$	19,814		$	22,222		$	20,126	$	64,694		$	67,374

Distributed earnings allocated to common shareholders	$	8,726		$	8,921		$	9,037		$	9,053		$	8,944	$	26,177		$	26,832
Undistributed earnings allocated to common shareholders		13,786			13,021			10,598			12,947			10,984		37,899			39,884
Net earnings allocated to common shareholders	$	22,512		$	21,942		$	19,635		$	22,000		$	19,928	$	64,076		$	66,716

Average common shares outstanding		15,279			15,573			15,656			15,708			15,950		15,501			16,065
Shares for diluted earnings per share		15,302			15,594			15,687			15,733			15,970		15,526			16,084

Basic earnings per common share	$	1.47		$	1.41		$	1.25		$	1.40		$	1.25	$	4.13		$	4.15
Diluted earnings per common share	$	1.47		$	1.41		$	1.25		$	1.40		$	1.25	$	4.13		$	4.15

CITY HOLDING COMPANY AND SUBSIDIARIES
Consolidated Balance Sheets
($ in 000s)
	(Unaudited)			(Unaudited)			(Unaudited)						(Unaudited)
	September 30, 2021			June 30, 2021			March 31, 2021			December 31, 2020			September 30, 2020

Assets
Cash and due from banks	$	103,841		$	97,523		$	97,709		$	77,412		$	76,451
Interest-bearing deposits in depository institutions		535,708			512,367			659,090			451,247			176,267
Cash and cash equivalents		639,549			609,890			756,799			528,659			252,718

Investment securities available-for-sale, at fair value		1,373,073			1,340,681			1,185,245			1,178,789			1,157,399
Other securities		24,501			24,548			27,182			27,372			26,548
Total investment securities		1,397,574			1,365,229			1,212,427			1,206,161			1,183,947

Gross loans		3,521,925			3,529,416			3,546,723			3,622,119			3,663,966
Allowance for credit losses		(18,751	)		(20,016	)		(24,076	)		(24,549	)		(24,867	)
Net loans		3,503,174			3,509,400			3,522,647			3,597,570			3,639,099

Bank owned life insurance		120,238			119,491			118,976			118,243			117,501
Premises and equipment, net		75,156			76,263			76,529			76,925			77,031
Accrued interest receivable		16,224			15,967			16,231			15,793			16,627
Net deferred tax assets		90			-			1,395			-			-
Intangible assets		117,489			117,857			118,224			118,592			119,004
Other assets		82,419			89,958			71,142			96,697			105,361
Total Assets	$	5,951,913		$	5,904,055		$	5,894,370		$	5,758,640		$	5,511,288

Liabilities
Deposits:
Noninterest-bearing	$	1,311,464		$	1,279,932		$	1,244,175		$	1,176,990		$	1,061,310
Interest-bearing:
Demand deposits		1,139,033			1,070,004			1,077,749			1,027,201			940,791
Savings deposits		1,332,910			1,301,219			1,265,038			1,188,003			1,117,684
Time deposits		1,104,069			1,153,391			1,209,873			1,260,022			1,300,291
Total deposits		4,887,476			4,804,546			4,796,835			4,652,216			4,420,076
Short-term borrowings
Customer repurchase agreements		296,642			311,316			316,003			295,956			279,866
Net deferred tax liabilities		-			2,310			-			3,202			1,601
Other liabilities		90,499			90,407			89,847			106,160			118,386
Total Liabilities		5,274,617			5,208,579			5,202,685			5,057,534			4,819,929

Stockholders' Equity
Preferred stock		-			-			-			-			-
Common stock		47,619			47,619			47,619			47,619			47,619
Capital surplus		170,300			169,674			170,526			171,304			170,526
Retained earnings		627,463			613,553			600,396			589,988			576,901
Cost of common stock in treasury		(183,303	)		(157,936	)		(142,484	)		(139,038	)		(134,177	)
Accumulated other comprehensive income:
Unrealized gain on securities available-for-sale		20,878			28,227			21,289			36,894			36,760
Underfunded pension liability		(5,661	)		(5,661	)		(5,661	)		(5,661	)		(6,270	)
Total Accumulated Other Comprehensive Income		15,217			22,566			15,628			31,233			30,490
Total Stockholders' Equity		677,296			695,476			691,685			701,106			691,359
Total Liabilities and Stockholders' Equity	$	5,951,913		$	5,904,055		$	5,894,370		$	5,758,640		$	5,511,288

Regulatory Capital
Total CET 1 capital	$	550,426		$	561,317		$	563,523		$	557,641		$	548,269
Total tier 1 capital		550,426			561,317			563,523			557,641			548,269
Total risk-based capital		565,712			577,543			582,816			577,292			568,153
Total risk-weighted assets		3,451,018			3,421,764			3,362,595			3,446,774			3,442,629

CITY HOLDING COMPANY AND SUBSIDIARIES
Loan Portfolio
(Unaudited) ($ in 000s)


	September 30, 2021		June 30, 2021		March 31, 2021		December 31, 2020		September 30, 2020

Commercial and industrial	$	353,046	$	358,583	$	371,195	$	372,989	$	383,980

1-4 Family		108,913		108,079		108,131		109,812		114,071
Hotels		297,341		290,119		293,176		294,464		295,989
Multi-family		215,307		212,715		212,561		215,671		214,394
Non Residential Non-Owner Occupied		664,365		653,264		649,683		641,351		628,814
Non Residential Owner Occupied		205,579		209,100		199,130		213,484		211,433
Commercial real estate ⁽¹⁾		1,491,505		1,473,277		1,462,681		1,474,782		1,464,701

Residential real estate ⁽²⁾		1,506,572		1,521,102		1,532,907		1,587,694		1,621,265
Home equity		124,806		127,608		130,009		136,469		140,135
Consumer		43,296		45,184		47,224		47,688		50,541
DDA overdrafts		2,700		3,662		2,707		2,497		3,344
Gross Loans	$	3,521,925	$	3,529,416	$	3,546,723	$	3,622,119	$	3,663,966

Construction loans included in:
⁽¹⁾ - Commercial real estate loans	$	19,360	$	43,904	$	39,101	$	40,449	$	42,449
⁽²⁾ - Residential real estate loans		19,059		20,838		22,129		27,078		28,947

CITY HOLDING COMPANY AND SUBSIDIARIES
Asset Quality Information
(Unaudited) ($ in 000s)

	Three Months Ended															Nine Months Ended
	September 30, 2021			June 30, 2021			March 31, 2021			December 31, 2020			September 30, 2020			September 30, 2021			September 30, 2020
Allowance for Credit Losses
Balance at beginning of period	$	20,016		$	24,076		$	24,549		$	24,867		$	25,199		$	24,549		$	11,589

Charge-offs:
Commercial and industrial		-			(211	)		(34	)		(9	)		(757	)		(245	)		(834	)
Commercial real estate		(392	)		(1,718	)		(1	)		(616	)		(75	)		(2,111	)		(497	)
Residential real estate		(18	)		(86	)		(93	)		(139	)		(252	)		(197	)		(1,111	)
Home equity		(47	)		(8	)		(64	)		(88	)		(126	)		(119	)		(332	)
Consumer		(3	)		(79	)		(147	)		(27	)		(74	)		(229	)		(165	)
DDA overdrafts		(633	)		(430	)		(453	)		(629	)		(554	)		(1,516	)		(1,716	)
Total charge-offs		(1,093	)		(2,532	)		(792	)		(1,508	)		(1,838	)		(4,417	)		(4,655	)

Recoveries:
Commercial and industrial		69			25