C&F Financial Corporation (CFFI) Registration Filing summary

Company overview and business model

• Incorporated in Virginia in 1994, operates as a bank holding company with three main business segments: community banking, mortgage banking, and consumer finance.

• Owns Citizens and Farmers Bank and several subsidiaries, offering a range of financial services including wealth management, insurance, and title services.

• Mortgage banking segment originates and sells residential loans, including FHA, USDA, and VA loans, and provides origination services to third parties.

• Consumer finance segment purchases auto, marine, and RV loans across multiple states, serving both prime and non-prime markets.

• Also owns non-operating statutory trusts for issuing trust preferred capital securities.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used as specified in the applicable prospectus supplement for each offering.

Risk factors and disclosures

• Investment involves risks, including those detailed in periodic reports and prospectus supplements; risks may materially affect business, financial condition, and results.

• Forward-looking statements are subject to uncertainties such as interest rate volatility, economic conditions, regulatory changes, competition, and credit quality.

• Additional risks include reliance on third-party services, cyber threats, and changes in real estate and loan markets.