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NEWS RELEASE

For Immediate Release

July 22, 2026

For Further Information Contact:

David L. Bumgarner, Senior Executive Vice President and Chief Financial Officer

(304) 769-1169

City Holding Company Announces Quarterly Results

Charleston, West Virginia – City Holding Company (“Company” or “City”) (NASDAQ:CHCO), a $6.8 billion bank holding company headquartered in Charleston, West Virginia, today announced net income of $33.3 million and diluted earnings of $2.35 per share for the quarter ended June 30, 2026. For the quarter ended June 30, 2026, the Company achieved a return on assets of 1.98% and a return on tangible equity of 20.7%.

Net Interest Income

The Company’s net interest income increased approximately $1.2 million, or 1.9%, from $59.6 million during the first quarter of 2026 to $60.8 million during the second quarter of 2026. The Company’s tax equivalent net interest income increased approximately $1.1 million, or 1.9%, from $59.9 million for the first quarter of 2026 to $61.0 million for the second quarter of 2026. This increase was primarily due to an increase in the yield on loans (2 basis points) and an increase in the average balances of deposits in depository institutions ($78.1 million) which increased net interest income by $0.9 million and $0.7 million, respectively. These increases were partially offset by an increase in the average balances of interest-bearing liabilities ($53.7 million) which decreased net interest income by $0.3 million. The Company’s reported net interest margin remained at 3.97% for both the first quarter of 2026 and for the second quarter of 2026.

Credit Quality

The Company’s ratio of nonperforming assets to total loans and other real estate owned decreased from 0.27%, or $12.2 million, at March 31, 2026 to 0.24%, or $10.6 million, at June 30, 2026. Total past due loans increased modestly from $8.5 million, or 0.19% of total loans outstanding, at March 31, 2026, to $8.6 million, or 0.19% of total loans outstanding, at June 30, 2026.

As a result of the Company’s quarterly analysis of the adequacy of the allowance for credit losses, the Company recorded a provision for credit losses of $0.4 million in the second quarter of 2026, compared to a recovery of credit losses of $1.9 million for the comparable period in 2025, and a provision for credit losses of $0.6 million for the first quarter of 2026. The provision for credit losses in the second quarter of 2026 was primarily related to the downgrade of a commercial real estate loan and a marginal increase in the historical loss rate for commercial and industrial loans during the quarter ended June 30, 2026, which were partially offset by net recoveries of $0.2 million during the quarter ended June 30, 2026.

Non-interest Income

Non-interest income increased $1.2 million from $19.5 million in the second quarter of 2025 to $20.8 million in the second quarter of 2026. During the second quarter of 2026, the Company reported $0.1 million of unrealized fair value gains on the Company’s equity securities as compared to $0.2 million of realized investment gains and $0.3 million of unrealized fair value losses on the Company’s equity securities during the second quarter of 2025.

Exclusive of these items, non-interest income increased $1.1 million, or 5.4%, from $19.6 million for the second quarter of 2025 to $20.7 million for the second quarter of 2026. This increase was due to an increase of $0.4 million, or 14.4%, in wealth and investment management fee income, an increase of $0.4 million, or 5.2%, in service charges, and a $0.3 million, or 4.4%, increase in bankcard revenue.

Non-interest Expenses

Non-interest expenses increased $0.6 million, or 1.5%, from $39.2 million in the second quarter of 2025 to $39.8 million in the second quarter of 2026. This increase was largely due to an increase in salaries and employee benefit expenses ($0.5 million) and equipment and software related expenses ($0.2 million).

Balance Sheet Trends

Loans increased $10.2 million (0.2%) from March 31, 2026 to $4.50 billion at June 30, 2026. Commercial and industrial loans increased $12.5 million (2.8%) and home equity loans increased $6.3 million (2.8%) during the quarter ended June 30, 2026. These increases were partially offset by decreases in residential real estate loans of $6.9 million and consumer loans of $3.1 million.

Period-end deposit balances declined $3.5 million from March 31, 2026, to June 30, 2026. Total average depository balances increased $59.5 million (1.1%) from the quarter ended March 31, 2026 to the quarter ended June 30, 2026 to $5.33 billion. Average noninterest-bearing demand balances increased $30.3 million and average balances of savings deposits balances increased $28.9 million.

Income Tax Expense

The Company’s effective income tax rate for the second quarter of 2026 was 19.4%, compared to 19.2% for the year ended December 31, 2025, and 18.9% for the quarter ended June 30, 2025.

Capitalization and Liquidity

The Company’s loan to deposit ratio was 84.3% and the loan to asset ratio was 66.5% at June 30, 2026. The Company maintained investment securities totaling 22.2% of assets as of the same date. The Company’s deposit mix is weighted heavily toward checking and savings accounts, which fund 59.5% of assets at June 30, 2026. Time deposits funded 19.3% of assets at June 30, 2026, with only 14.9% of time deposits having balances of more than $250,000, reflecting the core retail orientation of the Company.

City Holding Company is the parent company of City National Bank of West Virginia (“City National”). City National has borrowing facilities with the Federal Reserve Bank and the Federal Home Loan Bank that can be accessed as necessary to fund operations and to provide contingency funding. These borrowing facilities are collateralized by various loans held on City National’s balance sheet. As of June 30, 2026, City National had the capacity to borrow an additional $1.8 billion from these existing borrowing facilities. In addition, approximately $715 million of City National’s investment securities

were pledged to collateralize customer repurchase agreements and various deposit accounts, leaving approximately $791 million of City National’s investment securities unpledged at June 30, 2026.

The Company continues to be strongly capitalized with tangible equity of $652 million at June 30, 2026. The Company’s tangible equity ratio remained at 9.9% at both December 31, 2025 and June 30, 2026. At June 30, 2026, City National’s Leverage Ratio was 9.7%, its Common Equity Tier I ratio was 15.0%, its Tier I Capital ratio was 15.0%, and its Total Risk-Based Capital ratio was 15.5%. These regulatory capital ratios are significantly above levels required to be considered “well capitalized,” which is the highest possible regulatory designation.

On May 27, 2026, the Board of Directors of the Company approved a quarterly cash dividend of $0.87 per share, payable July 31, 2026, to shareholders of record as of July 15, 2026. During the quarter ended June 30, 2026, the Company repurchased 59,156 common shares at a weighted average price of $122.46 per share as part of a one million share repurchase plan authorized by the Board of Directors in March 2026. As of June 30, 2026, the Company could repurchase approximately 926,000 shares under the current plan, which was approved by the Board of Directors on March 25, 2026 and authorizes the Company to buy back up to 1,000,000 shares of its common stock (approximately 7% of outstanding shares) in open market transactions at prices that are accretive to the earnings per share of continuing shareholders (the "2026 Program").

City National operates 95 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, 2025 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) 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; (3) changes in the real estate market, including the value of collateral securing portions of our loan portfolio; (4) changes in the interest rate environment; (5) operational risk, including cybersecurity risk and risk of fraud, data processing system failures, and network breaches; (6) changes in technology and increased competition, including competition from non-bank financial institutions or financial technology companies; (7) changes in consumer preferences, spending and borrowing habits, demand for our products and services, and customers’ performance and creditworthiness; (8) difficulty growing loan and deposit balances; (9) our ability to effectively execute our business plan, including with respect to future acquisitions; (10) changes in regulations, laws, taxes, government policies, monetary policies and accounting policies affecting bank holding companies and their subsidiaries; (11) 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; (12) regulatory enforcement actions and adverse legal actions; (13) difficulty attracting and retaining key employees; and (14) 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 June 30, 2026 Form 10-Q. The Company will continue to evaluate the impact of any subsequent events on the preliminary June 30, 2026 results and will adjust the amounts if necessary.

CITY HOLDING COMPANY AND SUBSIDIARIES

Financial Highlights

(Unaudited)


	Three Months Ended															Six Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,			June 30,			June 30,
	2026			2026			2025			2025			2025			2026			2025

Earnings
Net Interest Income (fully taxable equivalent)	$	61,034		$	59,890		$	60,825		$	61,294		$	59,116		$	120,924		$	115,121
Net Income available to common shareholders	33,298			31,735			31,568			35,188			33,387			65,033			63,729

Per Share Data
Earnings per share available to common shareholders:
Basic	$	2.35		$	2.20		$	2.18		$	2.41		$	2.29		$	4.55		$	4.35
Diluted	2.35			2.20			2.18			2.41			2.29			4.55			4.35
Weighted average number of shares (in thousands):
Basic	14,046			14,270			14,359			14,457			14,466			14,151			14,541
Diluted	14,062			14,274			14,366			14,463			14,471			14,169			14,551
Period-end number of shares (in thousands)	14,052			14,111			14,354			14,495			14,495			14,052			14,495
Cash dividends declared	$	0.87		$	0.87		$	0.87		$	0.87		$	0.79		$	1.74		$	1.58
Book value per share (period-end)	57.57			56.29			56.41			55.12			52.72			57.57			52.72
Tangible book value per share (period-end)	46.40			45.14			45.41			44.19			41.76			46.40			41.76
Market data:
High closing price	$	134.02		$	127.84		$	126.71		$	133.58		$	123.42		$	134.02		$	123.42
Low closing price	120.48			116.62			117.04			118.89			108.93			116.62			108.93
Period-end closing price	132.64			119.52			119.20			123.87			122.42			132.64			122.42
Average daily volume (in thousands)	116			111			90			112			76			113			69
Treasury share activity:
Treasury shares repurchased (in thousands)	59			262			141			—			175			321			255
Average treasury share repurchase price	$	122.46		$	117.79		$	119.12		$	—		$	111.09		$	118.65		$	113.09

Key Ratios (percent)
Return on average assets	1.98		%	1.92		%	1.86		%	2.11		%	2.03		%	1.95		%	1.96		%
Return on average tangible equity	20.7		%	19.3		%	19.2		%	22.5		%	22.7		%	20.0		%	21.7		%
Yield on interest earning assets	5.24		%	5.24		%	5.29		%	5.43		%	5.38		%	5.24		%	5.36		%
Cost of interest bearing liabilities	1.75		%	1.76		%	1.87		%	1.91		%	1.95		%	1.76		%	1.99		%


Net Interest Margin	3.97		%	3.97		%	3.94		%	4.04		%	3.95		%	3.97	%	3.90	%
Non-interest income as a percent of total revenue	25.4		%	24.8		%	24.9		%	24.7		%	24.7		%	25.3	%	25.1	%
Efficiency Ratio	48.1		%	48.9		%	48.2		%	46.0		%	49.0		%	48.6	%	49.4	%
Price/Earnings Ratio (a)	14.11			13.56			13.68			12.84			13.38			14.56		14.09

Capital (period-end)
Average Shareholders' Equity to Average Assets	11.87		%	12.32		%	12.04		%	11.81		%	11.37		%
Tangible equity to tangible assets	9.85		%	9.65		%	9.93		%	9.84		%	9.40		%
Consolidated City Holding Company risk based capital ratios (b):
CET I	17.06		%	16.87		%	16.94		%	17.19		%	16.78		%
Tier I	17.06		%	16.87		%	16.94		%	17.19		%	16.78		%
Total	17.53		%	17.33		%	17.40		%	17.66		%	17.26		%
Leverage	10.97		%	10.86		%	10.96		%	11.06		%	10.70		%
City National Bank risk based capital ratios (b):
CET I	15.01		%	14.35		%	13.42		%	15.83		%	15.10		%
Tier I	15.01		%	14.35		%	13.42		%	15.83		%	15.10		%
Total	15.48		%	14.81		%	13.88		%	16.30		%	15.58		%
Leverage	9.65		%	9.23		%	8.68		%	10.18		%	9.63		%

Other (period-end)
Branches	95			96			96			96			96
FTE	924			928			934			934			934

Assets per FTE (in thousands)	$	7,333		$	7,284		$	7,201		$	7,138		$	7,064
Deposits per FTE (in thousands)	5,781			5,757			5,679			5,629			5,619

(a) The price/earnings ratio is computed based on annualized quarterly earnings.
(b) June 30, 2026 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										Six Months Ended
	June 30,		March 31,		December 31,		September 30,		June 30,		June 30,		June 30,
	2026		2026		2025		2025		2025		2026		2025
Interest Income
Interest and fees on loans	$	64,584	$	63,671	$	64,376	$	64,606	$	62,588	$	128,255	$	123,505
Interest on investment securities:
Taxable	12,920		13,129		14,657		15,947		15,347		26,049		29,292
Tax-exempt	1,031		1,027		1,014		708		712		2,057		1,436
Interest on deposits in depository institutions	1,676		942		1,400		829		1,644		2,618		3,446
Total Interest Income	80,211		78,769		81,447		82,090		80,291		158,979		157,679

Interest Expense
Interest on deposits	14,924		14,756		15,811		16,201		16,492		29,680		33,345
Interest on customer repurchase agreements	2,959		2,844		3,493		3,196		3,307		5,803		6,476
Interest on FHLB advances	1,569		1,552		1,586		1,586		1,568		3,120		3,120
Total Interest Expense	19,452		19,152		20,890		20,983		21,367		38,603		42,941
Net Interest Income	60,759		59,617		60,557		61,107		58,924		120,376		114,738
Provision for (recovery of) credit losses	436		613		1,117		(528)		(1,909)		1,049		(1,787)
Net Interest Income After (Recovery of) Provision for Credit Losses	60,323		59,004		59,440		61,635		60,833		119,327		116,525

Non-Interest Income
Net gains on sale of investment securities	—		—		—		37		150		—		150
Unrealized gains (losses) recognized on securities still held	58		7		(416)		96		(263)		65		(268)
Service charges	7,947		7,761		8,057		8,221		7,551		15,708		15,063
Bankcard revenue	7,548		6,889		7,291		7,324		7,233		14,437		14,040
Wealth and investment management fee income	3,451		3,317		3,352		3,075		3,016		6,768		5,918
Bank owned life insurance	886		979		864		919		942		1,865		2,095
Other income	874		1,047		834		851		894		1,921		1,623
Total Non-Interest Income	20,764		20,000		19,982		20,523		19,523		40,764		38,621

Non-Interest Expense
Salaries and employee benefits	20,455		20,183		20,198		19,779		19,995		40,638		39,189
Occupancy related expense	2,428		2,632		2,316		2,340		2,316		5,060		4,898
Equipment and software related expense	3,746		3,665		3,812		3,618		3,554		7,411		7,024
Bankcard expenses	2,147		2,118		2,376		2,191		2,203		4,266		4,418
Other tax-related matters	2,438		2,681		2,312		2,104		2,327		5,119		4,589
Advertising	1,016		884		577		668		964		1,900		1,837
FDIC insurance expense	772		805		756		761		756		1,577		1,532
Legal and professional fees	612		553		552		549		651		1,165		1,233
Other expenses	6,153		6,221		6,982		6,302		6,429		12,373		12,348


Total Non-Interest Expense	39,767		39,742		39,881		38,312		39,195		79,509		77,068
Income Before Income Taxes	41,320		39,262		39,541		43,846		41,161		80,582		78,078
Income tax expense	8,022		7,527		7,973		8,658		7,774		15,549		14,349
Net Income Available to Common Shareholders	$	33,298	$	31,735	$	31,568	$	35,188	$	33,387	$	65,033	$	63,729

Distributed earnings allocated to common shareholders	$	12,125	$	12,166	$	12,372	$	12,495	$	11,346	$	24,251	$	22,691
Undistributed earnings allocated to common shareholders	20,931		19,284		18,903		22,370		21,735		40,255		40,497
Net earnings allocated to common shareholders	$	33,056	$	31,450	$	31,275	$	34,865	$	33,081	$	64,506	$	63,188

Average common shares outstanding	14,046		14,270		14,359		14,457		14,466		14,151		14,541
Shares for diluted earnings per share	14,062		14,274		14,366		14,463		14,471		14,169		14,551

Basic earnings per common share	$	2.35	$	2.20	$	2.18	$	2.41	$	2.29	$	4.55	$	4.35
Diluted earnings per common share	$	2.35	$	2.20	$	2.18	$	2.41	$	2.29	$	4.55	$	4.35

CITY HOLDING COMPANY AND SUBSIDIARIES

Consolidated Balance Sheets

($ in 000s)


	(Unaudited)		(Unaudited)				(Unaudited)		(Unaudited)
	June 30,		March 31,		December 31,		September 30,		June 30,
	2026		2026		2025		2025		2025
Assets
Cash and due from banks	$	141,519	$	135,816	$	152,111	$	129,665	$	145,876
Interest-bearing deposits in depository institutions	125,683		163,201		39,808		95,929		26,248
Cash and cash equivalents	267,202		299,017		191,919		225,594		172,124

Investment securities available-for-sale, at fair value	1,476,725		1,441,098		1,503,358		1,510,772		1,562,423
Other securities	29,755		29,462		29,474		29,878		29,768
Total investment securities	1,506,480		1,470,560		1,532,832		1,540,650		1,592,191

Gross loans	4,501,774		4,491,592		4,503,331		4,408,230		4,333,372
Allowance for credit losses	(19,839)		(19,195)		(19,329)		(19,057)		(19,101)
Net loans	4,481,935		4,472,397		4,484,002		4,389,173		4,314,271

Bank owned life insurance	125,860		124,976		124,370		123,506		122,587
Premises and equipment, net	67,190		68,740		69,133		69,539		69,038
Accrued interest receivable	21,300		21,645		20,718		21,890		21,654
Deferred tax assets, net	31,603		31,652		30,005		32,159		33,994
Goodwill and other intangible assets, net	156,895		157,383		157,871		158,414		158,957
Other assets	115,530		113,899		111,168		106,707		113,321
Total Assets	$	6,773,995	$	6,760,269	$	6,722,018	$	6,667,632	$	6,598,137

Liabilities
Deposits:
Noninterest-bearing	$	1,421,693	$	1,410,861	$	1,413,621	$	1,377,313	$	1,383,247
Interest-bearing:
Demand deposits	1,321,556		1,345,723		1,339,435		1,338,872		1,333,858
Savings deposits	1,288,260		1,276,884		1,244,571		1,238,832		1,244,179
Time deposits	1,308,641		1,310,136		1,303,361		1,302,575		1,287,536
Total deposits	5,340,150		5,343,604		5,300,988		5,257,592		5,248,820

Customer repurchase agreements	377,551		374,825		367,674		369,012		339,834
FHLB advances	150,000		150,000		150,000		150,000		150,000
Other liabilities	97,345		97,450		93,676		92,085		95,268
Total Liabilities	$	5,965,046	$	5,965,879	$	5,912,338	$	5,868,689	$	5,833,922


Stockholders' Equity
Preferred stock	—		—		—		—		—
Common stock	47,619		47,619		47,619		47,619		47,619
Capital surplus	174,805		173,130		174,598		173,733		172,853
Retained earnings	975,454		954,407		935,046		915,971		893,422
Treasury stock	(306,813)		(299,503)		(270,967)		(254,153)		(254,181)
Accumulated other comprehensive loss:
Unrealized loss on securities available-for-sale	(81,241)		(80,388)		(75,741)		(82,785)		(94,056)
Underfunded pension liability	(875)		(875)		(875)		(1,442)		(1,442)
Total Accumulated Other Comprehensive Loss	(82,116)		(81,263)		(76,616)		(84,227)		(95,498)
Total Stockholders' Equity	808,949		794,390		809,680		798,943		764,215
Total Liabilities and Stockholders' Equity	$	6,773,995	$	6,760,269	$	6,722,018	$	6,667,632	$	6,598,137

Regulatory Capital
Total CET 1 capital	$	736,703	$	720,535	$	730,453	$	726,739	$	702,729
Total tier 1 capital	736,703		720,535		730,453		726,739		702,729
Total risk-based capital	757,074		740,252		750,319		746,422		722,477
Total risk-weighted assets	4,318,183		4,270,400		4,312,112		4,226,712		4,186,844

CITY HOLDING COMPANY AND SUBSIDIARIES

Loan Portfolio

(Unaudited) ($ in 000s)


	June 30,		March 31,		December 31,		September 30,		June 30,
	2026		2026		2025		2025		2025

Commercial and industrial	$	454,122	$	441,617	$	453,975	$	426,654	$	409,317

1-4 Family	223,301		221,165		210,232		204,280		199,400
Hotels	396,079		395,857		398,608		397,338		380,496
Multi-family	231,946		227,687		237,424		233,678		221,970
Non Residential Non-Owner Occupied	765,358		772,778		767,580		728,625		740,104
Non Residential Owner Occupied	253,471		251,382		253,398		239,058		236,935
Commercial real estate (1)	1,870,155		1,868,869		1,867,242		1,802,979		1,778,905

Residential real estate (2)	1,906,534		1,913,389		1,910,060		1,909,791		1,884,449
Home equity	231,057		224,723		224,701		218,750		207,906
Consumer	39,906		42,994		47,353		50,056		52,795
Gross Loans	$	4,501,774	$	4,491,592	$	4,503,331	$	4,408,230	$	4,333,372

Construction loans included in:
(1) - Commercial real estate loans	$	43,363	$	39,519	$	35,781	$	31,892	$	28,781
(2) - Residential real estate loans	11,144		9,612		9,907		6,785		6,416

CITY HOLDING COMPANY AND SUBSIDIARIES

Asset Quality Information

(Unaudited) ($ in 000s)


	Three Months Ended															Six Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,			June 30,			June 30,
	2026			2026			2025			2025			2025			2026			2025
Allowance for Loan Losses
Balance at beginning of period	$	19,195		$	19,329		$	19,057		$	19,101		$	20,956		$	19,329		$	21,133

Charge-offs:
Commercial and industrial	(115)			(4)			—			(7)			—			(119)			(30)
Commercial real estate	(1)			(856)			(27)			(2)			—			(857)			(220)
Residential real estate	(147)			(134)			(181)			(160)			(49)			(281)			(49)
Home equity	(46)			(62)			(102)			(55)			(97)			(108)			(98)
Consumer	(97)			(71)			(36)			(9)			(36)			(168)			(165)
Total charge-offs	(406)			(1,127)			(346)			(233)			(182)			(1,533)			(562)

Recoveries:
Commercial and industrial	70			5			(347)			400			15			75			52
Commercial real estate	443			235			(144)			202			51			678			81
Residential real estate	9			30			(29)			35			49			39			50
Home equity	72			90			17			64			96			162			100
Consumer	20			20			4			16			25			40			34
Total recoveries	614			380			(499)			717			236			994			317
Net recoveries (charge-offs)	208			(747)			(845)			484			54			(539)			(245)
Provision for (recovery of) credit losses	436			613			1,117			(528)			(1,909)			1,049			(1,787)
Balance at end of period	$	19,839		$	19,195		$	19,329		$	19,057		$	19,101		$	19,839		$	19,101

Loans outstanding	$	4,501,774		$	4,491,592		$	4,503,331		$	4,408,230		$	4,333,372
Allowance as a percent of loans outstanding	0.44		%	0.43		%	0.43		%	0.43		%	0.44		%
Allowance as a percent of non-performing loans	196.4		%	167.1		%	138.9		%	138.2		%	135.8		%

Average loans outstanding	$	4,497,044		$	4,491,591		$	4,431,079		$	4,373,773		$	4,305,865		$	4,494,331		$	4,297,023
Net (recoveries) charge-offs (annualized) as a percent of average loans outstanding	(0.02)		%	0.07		%	0.08		%	(0.04)		%	(0.01)		%	0.02		%	0.01		%

CITY HOLDING COMPANY AND SUBSIDIARIES

Asset Quality Information, Continued

(Unaudited) ($ in 000s)


	June 30,			March 31,			December 31,			September 30,			June 30,
	2026			2026			2025			2025			2025
Nonaccrual Loans
Residential real estate	$	3,186		$	4,274		$	4,497		$	2,624		$	3,602
Home equity	132			313			308			498			283
Commercial and industrial	377			431			557			555			600
Commercial real estate	6,322			6,403			8,448			9,169			9,515
Consumer	—			2			—			—			—
Total nonaccrual loans	10,017			11,423			13,810			12,846			14,000
Accruing loans past due 90 days or more	82			64			109			946			63
Total non-performing loans	10,099			11,487			13,919			13,792			14,063
Other real estate owned	495			693			482			485			185
Total Non-Performing Assets	$	10,594		$	12,180		$	14,401		$	14,277		$	14,248

Non-performing assets as a percent of loans and other real estate owned	0.24		%	0.27		%	0.32		%	0.32		%	0.33		%

Past Due Loans
Residential real estate	$	7,282		$	6,440		$	6,461		$	5,635		$	6,497
Home equity	711			840			772			651			788
Commercial and industrial	—			273			279			140			—
Commercial real estate	532			670			291			1,314			202
Consumer	119			267			308			221			163
Total Past Due Loans	$	8,644		$	8,490		$	8,111		$	7,961		$	7,650

Total past due loans as a percent of loans outstanding	0.19		%	0.19		%	0.18		%	0.18		%	0.18		%

CITY HOLDING COMPANY AND SUBSIDIARIES

Consolidated Average Balance Sheets, Yields, and Rates

(Unaudited) ($ in 000s)


	Three Months Ended
	June 30, 2026						March 31, 2026						June 30, 2025
	Average				Yield/		Average				Yield/		Average				Yield/
	Balance		Interest		Rate		Balance		Interest		Rate		Balance		Interest		Rate
Assets:
Loan portfolio (1):
Residential real estate (2)	$	2,138,621	$	28,665	5.38	%	$	2,136	$	28,309	5.38	%	$	2,068	$	27,015	5.24	%
Commercial, financial, and agriculture (2)	2,316,904		35,138		6.08	%	2,310,646		34,557		6.07	%	2,184,357		34,640		6.36	%
Installment loans to individuals (2), (3)	41,519		781		7.54	%	45,062		805		7.24	%	53,426		935		7.02	%
Total loans	4,497,044		64,584		5.76	%	4,491,591		63,671		5.75	%	4,305,865		62,590		5.83	%
Securities:
Taxable	1,325,318		12,920		3.91	%	1,357,848		13,129		3.92	%	1,416,770		15,347		4.34	%
Tax-exempt (4)	157,007		1,305		3.33	%	159,841		1,300		3.30	%	128,165		902		2.82	%
Total securities	1,482,325		14,225		3.85	%	1,517,689		14,429		3.86	%	1,544,935		16,249		4.22	%
Deposits in depository institutions	181,432		1,676		3.71	%	103,353		942		3.70	%	147,662		1,644		4.47	%
Total interest-earning assets	6,160,801		80,485		5.24	%	6,112,633		79,042		5.24	%	5,998,462		80,483		5.38	%
Cash and due from banks	105,656						96,384						94,199
Premises and equipment, net	68,421						68,933						69,523
Goodwill and intangible assets	157,083						157,616						159,164
Other assets	289,904						283,283						295,632
Less: Allowance for credit losses	(19,797)						(19,750)						(21,459)
Total Assets	$	6,762,068					$	6,699,099					$	6,595,521

Liabilities:
Interest-bearing demand deposits	$	1,324,095	$	2,784	0.84	%	$	1,326.489	$	2,774	0.85	%	$	1,343.532	$	3,332	0.99	%
Savings deposits	1,282,409		2,456		0.77	%	1,253,525		2,342		0.76	%	1,247,766		2,302		0.74	%
Time deposits (2)	1,309,954		9,683		2.96	%	1,307,231		9,640		2.99	%	1,283,806		10,858		3.39	%
Customer repurchase agreements	392,974		2,959		3.02	%	368,483		2,844		3.13	%	359,626		3,307		3.69	%
FHLB advances	150,000		1,569		4.20	%	150,000		1,552		4.20	%	150,000		1,568		4.19	%
Total interest-bearing liabilities	4,459,432		19,451		1.75	%	4,405,728		19,152		1.76	%	4,384,730		21,367		1.95	%
Noninterest-bearing demand deposits	1,410,471						1,380,136						1,363,481
Other liabilities	89,801						87,987						97,481
Stockholders' equity	802,364						825,248						749,830
Total Liabilities and Stockholders' Equity	$	6,762,068					$	6,699,099					$	6,595,522
Net Interest Income			$	61,034					$	59,890					$	59,116
Net Yield on Earning Assets					3.97	%					3.97	%					3.95	%

(1) For purposes of this table, non-accruing loans have been included in average balances and the following amounts (in thousands) of net loan fees have been included in interest income:
Loan fees, net			$	(106)					$	53					$	6


(2) Included in the above table are the following amounts (in thousands) for the accretion of the fair value adjustments related to the Company's acquisitions:
Residential real estate	$	46	$	65	$	57
Commercial, financial, and agriculture	529		440		$	676
Installment loans to individuals	1		3		$	—
Time deposits	2		2		$	3
Total	$	578	$	510	$	736

(3) Includes the Company’s consumer and DDA overdrafts loan categories.
(4) Computed on a fully federal tax-equivalent basis assuming a tax rate of approximately 21%.

CITY HOLDING COMPANY AND SUBSIDIARIES

Consolidated Average Balance Sheets, Yields, and Rates

(Unaudited) ($ in 000s)


	Six Months Ended
	June 30, 2026						June 30, 2025
	Average				Yield/		Average				Yield/
	Balance		Interest		Rate		Balance		Interest		Rate
Assets:
Loan portfolio (1):
Residential real estate (2)	$	2,136,121	$	56,974	5.38	%	$	2,051,918	$	53,137	5.22	%
Commercial, financial, and agriculture (2)	2,314,988		69,695		6.07	%	2,189,980		68,516		6.31	%
Installment loans to individuals (2), (3)	43,222		1,586		7.40	%	55,125		1,853		6.78	%

Total loans	4,494,331		128,255		5.75	%	4,297,023		123,506		5.80	%
Securities:
Taxable	1,341,493		26,049		3.92	%	1,367,994		29,292		4.32	%
Tax-exempt (4)	158,416		2,605		3.31	%	131,348		1,817		2.79	%
Total securities	1,499,909		28,653		3.85	%	1,499,342		31,109		4.18	%
Deposits in depository institutions	142,608		2,618		3.70	%	155,820		3,446		4.46	%
Total interest-earning assets	6,136,848		159,527		5.24	%	5,952,185		158,061		5.36	%
Cash and due from banks	101,046						96,508
Premises and equipment, net	68,676						69,907
Goodwill and intangible assets	157,348						159,438
Other assets	286,606						299,017
Less: Allowance for loan losses	(19,767)						(21,500)
Total Assets	$	6,730,757					$	6,555,555

Liabilities:
Interest-bearing demand deposits	$	1,325,285	$	5,558	0.85	%	$	1,339,633	$	6,629	1.00	%
Savings deposits	1,268,047		4,798		0.76	%	1,242,470		4,573		0.74	%
Time deposits (2)	1,308,600		19,324		2.98	%	1,274,536		22,142		3.50	%
Customer repurchase agreements	380,796		5,803		3.07	%	346,666		6,476		3.77	%
FHLB advances	150,000		3,120		4.19	%	150,000		3,120		4.19	%
Total interest-bearing liabilities	4,432,728		38,603		1.76	%	4,353,305		42,940		1.99	%
Noninterest-bearing demand deposits	1,395,387						1,349,998
Other liabilities	88,899						100,872
Stockholders' equity	813,743						751,380
Total Liabilities and Stockholders' Equity	$	6,730,757					$	6,555,555
Net Interest Income			$	120,924					$	115,121
Net Yield on Earning Assets					3.97	%					3.90	%

(1) For purposes of this table, non-accruing loans have been included in average balances and the following amounts (in thousands) of net loan fees have been included in interest income:

Loan fees, net			$	(53)					$	207


(2) Included in the above table are the following amounts (in thousands) for the accretion of the fair value adjustments related to the Company's acquisitions:

Residential real estate	$	111	$	79
Commercial, financial, and agriculture	969		1,206
Installment loans to individuals	4		4
Time deposits	4		10
	$	1,088	$	1,299

(3) Includes the Company’s consumer and DDA overdrafts loan categories.
(4) Computed on a fully federal tax-equivalent basis assuming a tax rate of approximately 21%.

CITY HOLDING COMPANY AND SUBSIDIARIES

Non-GAAP Reconciliations

(Unaudited) ($ in 000s, except per share data)


	Three Months Ended															Six Months Ended
	June 30,			March 31,			December 31,			September 30,			June 30,			June 30,		June 30,
	2026			2026			2025			2025			2025			2026		2025
Net Interest Income/Margin
Net interest income ("GAAP")	$	60,759		$	59,617		$	60,557		$	61,107		$	58,924		$	120,376	$	114,738
Taxable equivalent adjustment	275			273			268			187			192			548		382
Net interest income, fully taxable equivalent	$	61,034		$	59,890		$	60,825		$	61,294		$	59,116		$	120,924	$	115,120

Tangible Equity Ratio (period-end)
Equity to assets ("GAAP")	11.94		%	11.75		%	12.04		%	11.98		%	11.58		%
Effect of goodwill and other intangibles, net	(2.09)			(2.1)			(2.11)			(2.14)			(2.18)
Tangible common equity to tangible assets	9.85		%	9.65		%	9.93		%	9.84		%	9.40		%


Commercial Loan Information (period-end)

Commercial Sector	Total		% of Total Loans		Average DSC	Average LTV

Natural Gas Extraction	$	41,928	0.94%		3.60	NA
Natural Gas Distribution	17,753		0.40		3.08	NA
Masonry Contractors	16,365		0.37		1.04	100%
Sheet Metal Work Manufacturing	26,507		0.59		1.40	68%
Beer & Ale Merchant Wholesalers	24,653		0.55		1.59	NA
Gasoline Stations with Convenience Stores	47,505		1.06		2.02	65%
Lessors of Residential Buildings & Dwellings	510,911		11.40		1.56	66%
1-4 Family	195,204		4.36		1.82	63%
Multi-Family	205,114		4.58		1.76	68%
Lessors of Nonresidential Buildings	607,556		13.56		1.33	65%
Office Buildings	159,241		3.55		1.65	62%
Lessors of Mini-Warehouses & Self-Storage Units	55,190		1.23		1.44	64%
Assisted Living Facilities	24,998		0.56		1.58	41%
Hotels & Motels	396,475		8.85		1.75	58%

	Average Balance		Median Balance
Commercial Loans	$	508	$	107
Commercial Real Estate Loans	576		136


CITY HOLDING COMPANY AND SUBSIDIARIES
Non-GAAP Reconciliations, continued
(Unaudited) ($ in 000s, except per share data)

Net Growth in DDA Accounts
Year	New DDA Accounts	Net Number of New Accounts	Percentage

2026	16,175	2,081	0.8	%
2025	31,427	3,548	1.3	%
2024	32,238	4,497	1.8	%
2023*	31,745	4,768	1.9	%
2022	28,442	4,544	1.9	%
2021	32,800	8,860	3.8	%
2020	30,360	6,740	3.0	%
2019	32,040	3,717	1.7	%


* - amounts exclude accounts added in connection with the acquisition of Citizens Commerce Bancshares, Inc. (2023).