secwatch.observer — SEC 8-K summary
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Issuer:     CF BANKSHARES INC. (CFBK)
CIK:        0001070680
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001070680-23-000030
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070680/000107068023000030/0001070680-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070680/000107068023000030/cfbk-20230803x8k.htm
  HTML page:      https://secwatch.observer/filing/0001070680-23-000030

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