---
schema_version: "secwatch.filing_event.v1"
accession: "0001070680-23-000036"
form_type: "8-K"
ticker: "CFBK"
cik: "0001070680"
company_name: "CF BANKSHARES INC."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T08:37:57.967616+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CF Bankshares Q3 net income $4.0M ($0.62 EPS); PPNR rises to $6.2M

## Summary
- Net income $4.0M ($0.62 diluted EPS) vs $4.2M ($0.66) prior quarter; nine-month net $12.7M ($1.97).
- Pre-provision net revenue (PPNR) $6.2M, up $917k from Q2; NIM 2.50% (down 2bps QoQ, 86bps YoY).
- Book value per share $23.10; ROA 0.82%, ROE 10.75%; nonperforming loans just 0.27% of total loans.
- Provision for credit losses $1.2M (driven by specific reserves on two commercial loans); net charge-offs $126k.
- Deposits $1.7B, up 1.5% QoQ; loan growth 1.8% QoQ; cash dividend $0.06/share declared for Oct 27.

## SEC filing metadata
- accession: 0001070680-23-000036
- form_type: 8-K
- ticker: CFBK
- cik: 0001070680
- company_name: CF BANKSHARES INC.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070680/000107068023000036/0001070680-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070680/000107068023000036/cfbk-20231108x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070680-23-000036
- JSON: https://secwatch.observer/filing/0001070680-23-000036.json
- Plain text: https://secwatch.observer/filing/0001070680-23-000036.txt

## Key facts
- Earnings Releases
  CF BANKSHARES INC. reported third quarter ended September 30, 2023 results: net income $4.0 million ( $0.62 per diluted common share ), EPS $0.62 per diluted common share.
  - Period: third quarter ended September 30, 2023
  - Net income: $4.0 million ( $0.62 per diluted common share )
  - EPS: $0.62 per diluted common share
  - Result: reported results
  source text: CF Bankshares Inc. (the “Company”) issued a press release announcing financial results for the third quarter ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070680/000107068023000036/0001070680-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.