secwatch.observer — SEC 8-K summary
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Issuer:     CF BANKSHARES INC. (CFBK)
CIK:        0001070680
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001070680-23-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CF Bankshares Q1 net income $4.4M ($0.68/share); dividend increased 20% to $0.06
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- Net income $4.4M, down from $4.7M in Q4 2022 but flat vs Q1 2022; diluted EPS $0.68.
- ROA 0.98%, ROE 12.55%; book value per share rose to $21.88.
- Net loans grew $43.8M to $1.6B; nonperforming loans were only 0.04% of total loans.
- Deposits increased $75.9M to $1.6B; uninsured deposits were 30.5% of total.
- Quarterly dividend raised 20% to $0.06/share, payable April 28, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070680/000107068023000015/0001070680-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070680/000107068023000015/cfbk-20230510x8k.htm
  HTML page:      https://secwatch.observer/filing/0001070680-23-000015

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