secwatch.observer — SEC 8-K summary
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Issuer:     CF BANKSHARES INC. (CFBK)
CIK:        0001070680
Form:       8-K
Filed at:   2022-02-07T23:59:59+00:00
Accession:  0001070680-22-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CF Bankshares Q4 net income $4.5M, EPS $0.68; full-year net income $18.5M, EPS $2.77
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- Net income of $4.5M ($0.68 diluted EPS) for Q4 2021 vs $7.3M ($1.11 EPS) in Q4 2020.
- Full-year 2021 net income $18.5M ($2.77 EPS) vs $29.6M ($4.47 EPS) in 2020; decline from reduced mortgage banking income.
- Net interest margin expanded to 3.36% in Q4 2021 from 2.48% in Q4 2020 and 3.21% in Q3 2021.
- Net loans and leases grew $90.4M during Q4 2021 to $1.2B; nonperforming assets 0.07% of total assets.
- Board declared cash dividend of $0.04 per share payable Feb 1, 2022; book value per share $19.28.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070680/000107068022000003/0001070680-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070680/000107068022000003/cfbk-20220207x8k.htm
  HTML page:      https://secwatch.observer/filing/0001070680-22-000003

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