secwatch.observer — SEC 8-K summary
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Issuer:     CF BANKSHARES INC. (CFBK)
CIK:        0001070680
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001070680-22-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CF Bankshares Q3 core EPS $0.80; NIM up 32 bps to 3.36%, loan growth 27.8% annualized
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- Net income $4.2M ($0.65 GAAP EPS); core earnings $5.2M ($0.80 EPS) after one-time conversion and impairment costs.
- Net interest margin expanded 32 bps to 3.36% vs. prior quarter; net interest income up 15.3% sequentially.
- Net loans and leases grew $96M (27.8% annualized) to $1.5B; deposits increased $112.5M (8.2%) from Q2.
- Credit quality strong: nonaccrual loans 0.07% of total, no charge-offs in Q3, 30+ day delinquencies 0.09%.
- Declared $0.05/share dividend payable Oct 25; opened two new branches (Ohio City, Red Bank) in Oct 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070680/000107068022000038/0001070680-22-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070680/000107068022000038/cfbk-20221107x8k.htm
  HTML page:      https://secwatch.observer/filing/0001070680-22-000038

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