secwatch.observer — SEC 8-K summary
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Issuer:     CF BANKSHARES INC. (CFBK)
CIK:        0001070680
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001070680-23-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CF Bankshares Q4 net income $4.7M ($0.72/share); loans up $98M, NIM 3.08%
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- Net income $4.7M ($0.72 diluted EPS) for Q4 2022, up 10% from Q3 2022; full-year net income $18.2M ($2.78 EPS).
- Pre-provision net revenue (PPNR) $6.5M for Q4, up 20% QoQ; full-year PPNR $23.4M.
- Net loans grew $98.4M (6.7%) sequentially to $1.6B; nonperforming loans remain low at 0.05%.
- Net interest margin (NIM) 3.08% for Q4, down 28bps from prior quarter and year-ago.
- Declared $0.05 per share cash dividend payable Jan 31, 2023; relocating headquarters to New Albany, Ohio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070680/000107068023000005/0001070680-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070680/000107068023000005/cfbk-20230207x8k.htm
  HTML page:      https://secwatch.observer/filing/0001070680-23-000005

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