CF Bankshares (CFBK) - 2023 Q3 - Quarterly Report
CF Bankshares (US:CFBK)2023-11-12 16:00The carrying amounts and estimated fair values of financial instruments at December 31, 2022 were as follows: 2003 Subordinated debentures: 2018 Fixed-to-floating rate subordinated notes: The subordinated notes initially bear interest at 7.00%, from and including December 20, 2018, to but excluding December 30, 2023, payable semi-annually in arrears on June 30 and December 30 of each year. From and including December 30, 2023, to but excluding December 30, 2028 or the earlier redemption of the notes, the in ...