Core Insights - CF Bankshares Inc. reported a net income of $2.3 million for Q3 2025, a decrease from $5.0 million in Q2 2025 and $4.2 million in Q3 2024, primarily due to a $7 million charge-off of a non-customer loan [4][7][11] - The company declared a cash dividend of $0.08 per share on common stock and $8.00 per share on Series D Preferred Stock, paid on October 21, 2025 [3] Financial Performance - Net income for the nine months ended September 30, 2025, totaled $11.8 million, up from $9.0 million for the same period in 2024 [8] - Pre-provision, pre-tax net revenue (PPNR) for Q3 2025 was $7.8 million, a 33% increase from Q3 2024 [11] - Net interest income for Q3 2025 was $13.8 million, a decrease of 1.5% from the prior quarter but an increase of 20.3% compared to Q3 2024 [9][12] Credit Quality - Loan delinquencies were 0.32% of total loans, with nonperforming assets (NPAs) at 0.57% as of September 30, 2025 [5][19] - Nonaccrual loans decreased by 40% from June 30, 2025, totaling $10.0 million [19] - The provision for credit losses was $5.1 million for Q3 2025, significantly impacting earnings [11][20] Loan and Deposit Trends - Total loans and leases decreased by 1.5% from the prior quarter to $1.7 billion, with notable decreases in commercial and industrial loans [17] - Deposits totaled $1.78 billion, a decrease of 1.7% from June 30, 2025, but an increase of 1.3% from December 31, 2024 [21] - New commercial loan production reached $155 million year-to-date, helping to offset significant loan payoffs [11][6] Capital and Efficiency - The company maintained strong capital ratios with a Tier 1 Leverage Ratio of 11.19% and a Total Capital Ratio of 14.88% [5][24] - The efficiency ratio improved to 49.8% compared to 55.3% for Q3 2024 [11] Noninterest Income and Expenses - Noninterest income for Q3 2025 was $1.7 million, an increase of 8.7% from the prior quarter [13] - Noninterest expenses totaled $7.7 million, a slight decrease from the previous quarter but an increase of 6.9% compared to Q3 2024 [15]

Core Insights - CF Bankshares Inc. reported a net income of $5.0 million for Q2 2025, a 197% increase compared to Q2 2024, and a 13.6% increase from Q1 2025 [6][10][37] - The company achieved a pre-provision, pre-tax net revenue (PPNR) of $7.8 million for Q2 2025, representing a 42% increase year-over-year and a 27% increase quarter-over-quarter [10][41] - The net interest income for Q2 2025 was $14.0 million, an increase of 8.5% from the previous quarter and 23.2% from the same quarter last year [8][10][41] Financial Performance - Net earnings for the six months ended June 30, 2025, totaled $9.5 million, compared to $4.8 million for the same period in 2024 [7] - The efficiency ratio improved to 49.8% in Q2 2025, down from 55.9% in Q1 2025 and 56.4% in Q2 2024 [10][41] - Return on average equity (ROE) was 11.47% for Q2 2025, while return on average assets (ROA) was 0.97% [10][41] Dividends and Capital - The Board of Directors declared a cash dividend of $0.08 per share on common stock and $8.00 per share on Series D Preferred Stock, paid on July 21, 2025 [3] - Stockholders' equity increased to $177.0 million as of June 30, 2025, a 2.5% increase from the previous quarter [29] Loan and Deposit Growth - Net loans and leases totaled $1.8 billion at June 30, 2025, reflecting a 0.3% increase from the prior quarter and a 1.9% increase from December 31, 2024 [18][19] - Total deposits reached $1.81 billion, an increase of 1.5% from the previous quarter and 3.1% from the end of 2024 [26] Asset Quality - Nonaccrual loans were $16.6 million, or 0.94% of total loans, an increase from $14.5 million at the end of Q1 2025 [23][24] - The allowance for credit losses on loans and leases was $19.1 million, representing 1.08% of total loans and leases [24] Noninterest Income and Expenses - Noninterest income for Q2 2025 was $1.6 million, a 31% increase from the prior quarter and a 29.7% increase from Q2 2024 [13][14] - Noninterest expenses totaled $7.8 million, a decrease of 2.5% from the previous quarter but an increase of 9.3% from Q2 2024 [15][16]