CF BANKSHARES INC.
For the period ended Mar 31, 2025. Filed May 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 12, 2025
CFBK$35.15+0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
PART I. Financial Information
| March 31, · December 31, | ||||
|---|---|---|---|---|
| 2025 · 2024 | ||||
| (unaudited) | ||||
| ASSETS | ||||
| Cash and cash equivalents | $ | 240,986 | $ | 235,272 |
| Interest-bearing deposits in other financial institutions | 100 | 100 | ||
| Securities available for sale | 8,793 | 8,683 | ||
| Equity securities | — | 5,000 | ||
| Loans held for sale, at fair value | 3,505 | 2,623 | ||
| Loans and leases, net of allowance for credit losses of $17,803 and $17,474, respectively | 1,750,139 | 1,722,019 | ||
| FHLB and FRB stock | 8,022 | 8,918 | ||
| Foreclosed assets, net | 524 | - | ||
| Premises and equipment, net | 3,472 | 3,536 | ||
| Operating lease right-of-use assets | 5,925 | 6,087 | ||
| Bank owned life insurance | 27,341 | 27,116 | ||
| Accrued interest receivable and other assets | 45,874 | 46,169 | ||
| Total assets | $ | 2,094,681 | $ | 2,065,523 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||
| Deposits | ||||
| Noninterest bearing | $ | 291,800 | $ | 273,668 |
| Interest bearing | 1,491,889 | 1,482,127 | ||
| Total deposits | 1,783,689 | 1,755,795 | ||
| FHLB advances and other debt | 92,689 | 92,680 | ||
| Advances by borrowers for taxes and insurance | 1,346 | 2,238 | ||
| Operating lease liabilities | 6,083 | 6,229 | ||
| Accrued interest payable and other liabilities | 23,183 | 25,144 | ||
| Subordinated debentures | 15,009 | 15,000 | ||
| Total liabilities | 1,921,999 | 1,897,086 | ||
| Commitments and contingent liabilities | — | — | ||
| Stockholders' equity | ||||
| Common stock, $0.01 par value; shares authorized: 9,090,909, including 1,260,700 shares of non-voting common stock | ||||
| Voting common stock, $0.01 par value; shares issued: 5,618,841 at March 31, 2025 and 5,539,586 at December 31, 2024 | 56 | 55 | ||
| Non-voting common stock, $0.01 par value; shares issued: 1,260,700 at March 31, 2025 and December 31, 2024 | 13 | 13 | ||
| Series D preferred stock, $0.01 par value; 5,000 shares authorized; 2,000 shares issued at March 31, 2025 and December 31, 2024 | — | — | ||
| Additional paid-in capital | 92,527 | 92,225 | ||
| Retained earnings | 92,267 | 88,290 | ||
| Accumulated other comprehensive loss | (1,725) | (1,803) | ||
| Treasury stock, at cost; 402,782 shares of voting common stock at March 31, 2025 and 398,201 shares of voting common stock at December 31, 2024 | (10,456) | (10,343) | ||
| Total stockholders' equity | 172,682 | 168,437 | ||
| Total liabilities and stockholders' equity | $ | 2,094,681 | $ | 2,065,523 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.