secwatch.observer — SEC 8-K summary
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Issuer:     CF BANKSHARES INC. (CFBK)
CIK:        0001070680
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001070680-22-000017
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CF Bankshares Q1 2022 net income $4.5M ($0.69 EPS); loans up 5.5%
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- Net income of $4.5M, EPS $0.69; ROA 1.24%, ROE 14.32%.
- Net loans and leases grew $67M (5.5%) to $1.3B, deposits up $52M (4.2%).
- Efficiency ratio improved to 53.10%; exited saleable-to-investors mortgage business.
- Noninterest expense down $2.7M YoY from scaling residential mortgage lending.
- Board declared $0.04/share cash dividend, payable April 25, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070680/000107068022000017/0001070680-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070680/000107068022000017/cfbk-20220505x8k.htm
  HTML page:      https://secwatch.observer/filing/0001070680-22-000017

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