---
schema_version: "secwatch.filing_event.v1"
accession: "0001070680-21-000038"
form_type: "8-K"
ticker: "CFBK"
cik: "0001070680"
company_name: "CF BANKSHARES INC."
filed_at: "2021-10-27T23:59:59+00:00"
generated_at: "2026-06-28T17:15:45.425151+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CF Bankshares Q3 net income $4.1M ($0.61 EPS); NIM expands to 3.21%

## Summary
- Net income of $4.1M for Q3 2021 up from $3.5M in Q2 2021; EPS $0.61 vs $0.52 prior quarter.
- Net interest margin increased 26 bps quarter-over-quarter to 3.21%.
- Net loans grew $122M (12.2%) during Q3, net of $28M PPP repayments.
- Quarterly cash dividend increased 33% to $0.04 per share, payable Nov 2, 2021.
- Sale of two Ohio branches generated $1.9M deposit premium; TCE ratio 9.09%.

## SEC filing metadata
- accession: 0001070680-21-000038
- form_type: 8-K
- ticker: CFBK
- cik: 0001070680
- company_name: CF BANKSHARES INC.
- filed_at: 2021-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070680/000107068021000038/0001070680-21-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070680/000107068021000038/cfbk-20211027x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070680-21-000038
- JSON: https://secwatch.observer/filing/0001070680-21-000038.json
- Plain text: https://secwatch.observer/filing/0001070680-21-000038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.