secwatch.observer — SEC 8-K summary
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Issuer:     CF BANKSHARES INC. (CFBK)
CIK:        0001070680
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0000950170-25-064130
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CF Bankshares Q1 net income $4.4M ($0.68 EPS), up 44% YoY; NIM expands 28bps to 2.64%
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- Net income $4.4M ($0.68 diluted EPS) up 44% from $3.1M ($0.47) in Q1 2024; PPNR $6.2M.
- NIM 2.64%, up 28bps YoY and 7bps QoQ; net interest income $12.9M, up 14.4% YoY.
- Noninterest-bearing deposits up $18M (+7%) during Q1; sold $18.1M residential loans; redeployed to commercial.
- Book value per share $25.86; ROE 10.37%, ROA 0.86%; dividend $0.07/common paid Apr 22.
- Matt Tuohey hired as NE Ohio Market President in Apr 2025; new $10M revolving credit line secured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070680/000095017025064130/0000950170-25-064130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070680/000095017025064130/cfbk-20250506.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-064130

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