secwatch.observer — SEC 8-K summary
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Issuer:     CF BANKSHARES INC. (CFBK)
CIK:        0001070680
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001193125-25-261792
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CF Bankshares Q3 net income $2.3M ($0.36/dil) vs $4.2M a year ago; $7M non-customer loan charged off
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- Net income of $2.3M ($0.36 diluted EPS) down from $4.2M ($0.65) in Q3 2024, with $5.1M provision expense.
- Pre-provision net revenue (PPNR) $7.8M, up 33% YoY; efficiency ratio improved to 49.8% from 55.3%.
- Full charge-off of $7M non-customer loan increased provision by $3.7M; nonaccrual loans fell 40% QoQ.
- Net interest margin expanded 35bps YoY to 2.76%; cost of funds declined 58bps.
- Core deposits up $20M QoQ; Tier 1 Leverage ratio 11.19%; dividend of $0.08 per share declared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070680/000119312525261792/0001193125-25-261792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070680/000119312525261792/cfbk-20251103.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-261792

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