secwatch.observer — SEC 8-K summary
======================================

Issuer:     CF BANKSHARES INC. (CFBK)
CIK:        0001070680
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001070680-22-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CF Bankshares Q2 EPS $0.72, loans up 7.6%, dividend raised 25%
--------------------------------------------------------------

- Net income $4.7M ($0.72 diluted EPS) for Q2 2022, up from $0.69 in prior quarter and $0.52 in Q2 2021.
- Net loans and leases grew $96.9M (7.6%) to $1.4B; commercial and residential lending led growth.
- Board declared $0.05/share quarterly cash dividend, a 25% increase from prior $0.04.
- ROA of 1.18% and ROE of 14.61% for Q2; credit quality strong with nonaccruals at 0.07%.
- Opened full-service branch in Indianapolis, IN; temporarily suspended share repurchases to preserve capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070680/000107068022000030/0001070680-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070680/000107068022000030/cfbk-20220803x8k.htm
  HTML page:      https://secwatch.observer/filing/0001070680-22-000030

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