CF Bankshares Q2 net income $4.2M ($0.66 EPS); NIM down 41 bps to 2.52%

CF BANKSHARES INC.

2023-Q2 EPS reported $1.35

Net income $4.2M ($0.66 diluted EPS) for Q2 2023; YTD net income $8.7M ($1.35 EPS).
Net interest margin 2.52%, down 41 bps QoQ; net interest income fell 9.8% to $11.5M.
Deposits increased $56M (+3.5%) to $1.7B; uninsured deposits 28.8% of total.
Noninterest income up 36% QoQ to $978k; NPLs 0.05% of total loans.
Book value per share $22.49; stockholders' equity $147.3M, up 2.8% from Q1.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

CF BANKSHARES INC. reported financial results for the second quarter ended June 30, 2023.

Period: the second quarter ended June 30, 2023
Result: reported results

Exact text from the filing

On August 3, 2023, CF Bankshares Inc. (the “Company”) issued a press release announcing financial results for the second quarter ended June 30, 2023 (the “Earnings Release”). A copy of the Earnings Release is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.

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CF BANKSHARES INC. filing history →

Source: SEC EDGAR

accession 0001070680-23-000030

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