secwatch.observer — SEC 8-K summary
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Issuer:     CF BANKSHARES INC. (CFBK)
CIK:        0001070680
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001070680-21-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070680/000107068021000038/0001070680-21-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070680/000107068021000038/cfbk-20211027x8k.htm
  HTML page:      https://secwatch.observer/filing/0001070680-21-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer