CFBK on Nasdaq

CF BANKSHARES INC.

CF BANKSHARES INC. is an American national commercial bank based in Columbus, incorporated in Delaware.2 Its shares trade on Nasdaq under the symbol CFBK.2

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Last updated Oct 21, 2026.

Overview

$17.5MNet income, fiscal 20253

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  • TickerCFBK on Nasdaq2
  • IndustryNational Commercial Banks2
  • HeadquartersColumbus, United States2
  • Incorporated inDE4
  • Business addressC/O Cfbank, 4960 East Dublin Granville Rd, Suite 400, Columbus, Oh 430814
  • Filer categoryAccelerated filer, Smaller reporting company4
  • Legal formCorporation2
  • LEI5493005T7GGZJKF4UK642
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 29347022

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

9.5%Return on equity3
$18.2MFree cash flow3

Financial statements

Net income567893$17.5M in 2025+311% since 2018
0$10.0M$20.0M$30.0M2018: $4.3M$4.3M20182019: $9.6M$9.6M2019+125%2020: $29.6M$29.6M2020+208%2021: $18.5M$18.5M2021−38%2022: $18.2M$18.2M2022−2%2023: $16.9M$16.9M2023−7%2024: $13.4M$13.4M2024−21%2025: $17.5M$17.5M2025+31%

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2025-12-312024-12-312023-12-31
Loans and leases, including fees$109.3M$106.8M$97.4M
Securities$359.0K$549.0K$658.0K
FHLB and FRB stock dividends$629.0K$675.0K$592.0K
Federal funds sold and other$9.7M$10.4M$9.6M
Total interest and dividend income$120.0M$118.4M$108.3M
Deposits$60.0M$67.2M$56.4M
FHLB advances and other debt$3.7M$3.1M$3.1M
Subordinated debentures$1.3M$1.4M$1.2M
Total interest expense$65.0M$71.7M$60.6M
Net interest income$55.0M$46.6M$47.6M
Provision for credit losses-loans$7.5M$6.1M$1.9M
Provision for credit losses-unfunded commitments$739.0K$650.0K$459.0K
Total provision for credit losses$8.2M$6.7M$2.3M
Net interest income after provision for credit losses$46.8M$39.9M$45.3M
Service charges on deposit accounts$2.9M$2.5M$1.6M
Net gains on sales of residential mortgage loans$716.0K$435.0K$119.0K
Net (losses) gains on sales of commercial loans-$18.0K$246.0K$66.0K
Net loss on sale of equity security-$103.0K
Earnings on bank owned life insurance$933.0K$850.0K$625.0K
Swap fee income$424.0K$321.0K$715.0K
Other$1.1M$818.0K$940.0K
Total noninterest income$5.9M$5.2M$4.0M
Salaries and employee benefits$15.7M$14.2M$14.5M
Occupancy and equipment$1.8M$1.8M$1.7M
Data processing$2.9M$2.6M$2.2M
Franchise and other taxes$1.4M$1.3M$1.3M
Professional fees$3.2M$2.7M$2.5M
Director fees$686.0K$574.0K$658.0K
Postage, printing and supplies$142.0K$152.0K$149.0K
Advertising and marketing$418.0K$134.0K$336.0K
Telephone$186.0K$210.0K$257.0K
Loan expenses$915.0K$1.4M$619.0K
Foreclosed assets, net$18.0K
Depreciation$476.0K$486.0K$567.0K
FDIC premiums$2.1M$2.1M$2.2M
Regulatory assessment$216.0K$258.0K$242.0K
Other insurance$194.0K$198.0K$209.0K
Impairment of premises and equipment$56.0K$60.0K
Other$934.0K$831.0K$945.0K
Total noninterest expense$31.2M$28.9M$28.4M
Income before incomes taxes$21.5M$16.1M$21.0M
Income tax expense$4.0M$2.8M$4.0M
Net income$17.5M$13.4M$16.9M
Earnings allocated to participating securities (Series D preferred stock)-$540.0K-$361.0K
Net income attributable to common stockholders$17.0M$13.0M$16.9M
Basic$2.70$2.08$2.64
Diluted$2.69$2.06$2.63

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Corporate structure

CF BANKSHARES INC. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of CF BANKSHARES INC.

  • CF BANKSHARES INC. Columbus, Ohio, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What CF BANKSHARES INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land and buildings$248.0K3 Dec 31, 2025$248.0K3 Dec 31, 20240%
Buildings and improvements$2.8M3 Dec 31, 2025$2.4M3 Dec 31, 2024+14.8%
Furniture and fixtures$2.9M3 Dec 31, 2025$2.8M3 Dec 31, 2024+4.4%
Property and equipment, before depreciation$5.9M3 Dec 31, 2025$5.5M3 Dec 31, 2024+8.9%
Accumulated depreciation$2.4M3 Dec 31, 2025$1.9M3 Dec 31, 2024+24.5%
Property and equipment, net$3.5M3 Dec 31, 2025$3.5M3 Dec 31, 2024+0.3%
Operating-lease assets (leased space)$5.7M3 Dec 31, 2025$6.1M3 Dec 31, 2024−6.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$259.0M3 Dec 31, 2025$235.3M3 Dec 31, 2024+10.1%
Debt securities available for sale$17.5M3 Dec 31, 2025$8.7M3 Dec 31, 2024+101.5%
Equity securities at fair value$03 Dec 31, 2025$5.0M3 Dec 31, 2024−100.0%
Deposits held (banks)$1.8B3 Dec 31, 2025$1.8B3 Dec 31, 2024+1.4%

Properties, in its own words

We currently conduct our business through eight branch offices located in Franklin, Cuyahoga, Delaware, Hamilton and Summit counties in Ohio and one branch office located in Marion County, Indiana as of December 31, 2025. The net book value of the Company’s real properties totaled $1.7 million at December 31, 2025, related to the owned facility used for the Company's branch office in Indianapolis, Indiana. CFBank leases its other seven branch offices in Columbus, Ohio, Cleveland, Ohio, Orange Village, Ohio, Fairlawn, Ohio, Blue Ash, Ohio, Cincinnati, Ohio. See Note 8 to the Consolidated Financial Statements included in this Form 10-K for further discussion.

Locations

The rest of Item 2

Administrative Office (leased facility):

4960 East Dublin Granville Road, Suite 400

Branch Offices:

New Albany Branch (leased facility)

4960 East Dublin Granville Road, Suite 400

Polaris Branch (leased facility)

1942 Polaris Parkway

Pinecrest Branch (leased facility)

100 Park Ave, Suite 420.

Orange Village, Ohio 44122

Ohio City Branch (leased facility)

2715 Detroit Ave.

Cleveland, Ohio 44113

Fairlawn Branch (leased facility)

3009 Smith Road, Suite 100

Fairlawn, Ohio 44333

Blue Ash Branch (leased facility)

10300 Alliance Rd. #150

Cincinnati, Ohio 45242

Red Bank Branch (leased facility)

4770 Red Bank Expressway

Cincinnati, Ohio 45227

Indianapolis Branch (owned facility)

4729 East 82nd Street

Indianapolis, Indiana 46250

Item 2 of the 10-K filed Mar 12, 2026.15

Leadership

Who has led CF BANKSHARES INC., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (24)

Former names

  • CENTRAL FEDERAL CORPMay 9, 2003 to Jul 28, 20204
  • GRAND CENTRAL FINANCIAL CORPSep 23, 1998 to May 7, 20034

Timeline

  1. Jul 28, 20268-K Results of operations49
  2. May 28, 20268-K Shareholder vote50
  3. May 27, 20268-K Regulation FD disclosure51
  4. May 5, 20268-K Results of operations52
  5. Apr 24, 20268-K Regulation FD disclosure53
  6. Mar 26, 20268-K Executive or director change54
  7. Feb 5, 20268-K Results of operations55
  8. Dec 18, 20258-K Other events56
  9. Dec 17, 20258-K Executive or director change57
  10. Dec 1, 20258-K Other events58
  11. Nov 3, 20258-K Results of operations59
  12. Oct 6, 20258-K Other events60
  13. Aug 31, 2012New chief executive Timothy T. O'Dell becomes CEO16
  14. Jul 19, 2010New chief executive Eloise L. Mackus becomes CEO17
  15. Jan 12, 2006New chief executive Mark Allio becomes CEO18
  16. Sep 10, 1998Founded CF BANKSHARES INC. is founded2

Calendar

Coming up

  1. Nov 2, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.36 a share, on Nov 3, 2025.61

When it reported results

  1. Jul 28, 2026Reported quarterly or annual results49
  2. May 5, 2026Reported quarterly or annual results52
  3. Feb 5, 2026Reported quarterly or annual results55
  4. Nov 3, 2025Reported quarterly or annual results59
  5. Aug 4, 2025Reported quarterly or annual results62
  6. May 6, 2025Reported quarterly or annual results63
  7. Feb 12, 2025Reported quarterly or annual results64
  8. Oct 30, 2024Reported quarterly or annual results65

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

238 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 49 major events, 112 insider forms, 39 large holders, 18 other. The latest 20:

  1. Sep 14, 20264 EDGAR
  2. Aug 14, 2026SCHEDULE 13G/A EDGAR
  3. Aug 7, 202610-Q EDGAR
  4. Aug 5, 20264 EDGAR
  5. Jul 28, 20268-K EDGAR
  6. Jul 27, 2026SCHEDULE 13G EDGAR
  7. Jun 15, 20264 EDGAR
  8. May 28, 20268-K EDGAR
  9. May 27, 20268-K EDGAR
  10. May 22, 20264 EDGAR
  11. May 18, 2026SCHEDULE 13G/A EDGAR
  12. May 11, 202610-Q EDGAR
  13. May 5, 20268-K EDGAR
  14. Apr 24, 20264 EDGAR
  15. Apr 24, 20268-K EDGAR
  16. Apr 23, 2026DEF 14A EDGAR
  17. Apr 17, 20264 EDGAR
  18. Apr 17, 20264 EDGAR
  19. Apr 17, 20264 EDGAR
  20. Apr 7, 20264 EDGAR

The 238 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

35 open-market trades by officers, directors and large owners since October 2021: 25 buys and 10 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 11, 2026McKinney MarianneEVP & Chief Operating OfficerSale400$35.36$14.1KForm 4
Dec 16, 2025Ringwald Bradley JBank PresidentBuy1,000$24.07$24.1KForm 4
Dec 15, 2025HOEWELER ROBERT EDirectorBuy1,000$23.87$23.9KForm 4
Dec 12, 2025Beerman Kevin JEVP & Chief Financial OfficerBuy217$23.84$5.2KForm 4
Dec 11, 2025Frauenberg James H IIDirectorBuy210$23.78$5.0KForm 4
Dec 4, 2025ASH THOMAS PDirectorBuy200$23.91$4.8KForm 4
Aug 20, 2025O'Dell Timothy TCEOSale10,833$25.50$276.2KForm 4
Aug 18, 2025McKinney MarianneEVP & Chief Operating OfficerSale1,700$24.54$41.7KForm 4
Aug 14, 2025O'Dell Timothy TCEOSale210$25.02$5.3KForm 4
Aug 14, 2025O'Dell Timothy TCEOSale210$25.02$5.3KForm 4
Aug 13, 2025O'Dell Timothy TCEOSale8,957$25.37$227.2KForm 4
Aug 13, 2025O'Dell Timothy TCEOSale8,957$25.37$227.2KForm 4
Mar 17, 2025ASH THOMAS PDirectorBuy100$22.87$2.3KForm 4
Mar 11, 2025HOEWELER ROBERT EDirectorBuy1,000$21.80$21.8KForm 4
Dec 16, 2024O'Dell Timothy TCEOSale20,522$26.54$544.7KForm 4
Dec 13, 2024O'Dell Timothy TCEOSale2,278$27.28$62.1KForm 4
Nov 11, 2024Rana SundeepDirectorSale497$29.00$14.4KForm 4
May 22, 2024Frauenberg James H IIDirectorBuy525$19.07$10.0KForm 4
May 15, 2024ASH THOMAS PDirectorBuy500$18.96$9.5KForm 4
May 14, 2024O'Dell Timothy TCEOBuy960$18.95$18.2KForm 4

All 35 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Timothy T. O'Dell72$517.5K$1.4M75
2025Bradley J. Ringwald52$336.4K$860.0K75
2025Kevin J. Beerman53$222.5K$596.5K75
2024President and Chief Executive Officer of the Company and$508.8K$1.6M75
2024President of CFBank$330.7K$729.6K75
2024Executive VicePresident and Chief Financial Officer of the$218.8K$496.2K75

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.377,718$12.4M0.0%+67,406
Vanguard Capital Management LLC209,107$6.9M0.0%+7,106
First Manhattan Co. Llc.187,022$6.1M0.0%No change
Two Sigma Investments, LP171,288$5.6M0.0%+122,387
Fourthstone LLC159,824$5.3M3.7%−479,554
Daytona Street Capital LLC151,386$4.8M3.5%No change
Rhino Investment Partners, Inc135,517$4.4M1.3%+10,140
Dimensional Fund Advisors LP123,250$4.0M0.0%+31,128
Geode Capital Management, LLC118,800$3.9M0.0%+11,793
Marshall Wace, Llp118,575$3.9M0.0%+86,054
Fifth Third Bancorp114,914$3.8M0.0%No change
Citadel Advisors LLC104,173$3.4M0.0%+62,572
Renaissance Technologies LLC102,423$3.4M0.0%+7,944
American Century Companies Inc82,743$2.7M0.0%+31,513
Qube Research & Technologies Ltd81,985$2.7M0.0%+40,095
UBS Group AG79,583$2.6M0.0%+75,627
State Street Corp73,002$2.4M0.0%+17,419
Alliancebernstein L.P.74,726$2.1M0.0%−165,837
Mcdonald Partners LLC58,702$1.9M0.5%−725
Aqr Capital Management LLC49,122$1.6M0.0%+10,474
Goldman Sachs Group Inc48,345$1.6M0.0%−7,719
Bridgeway Capital Management, LLC45,174$1.5M0.0%+1,004
De Lisle Partners LLP41,276$1.3M0.1%No change
Northern Trust Corp39,185$1.3M0.0%−15,481
Salzhauer Michael39,003$1.3M0.5%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How CF BANKSHARES INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARCF BANKSHARES INC.1
  • CIK0001070680
  • Employer ID (EIN)34-187713715
  • Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company15
  • Incorporated inDelaware15
  • Fiscal year endsDecember 311
  • Industry code (SIC)6021 National Commercial Banks1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business addressC/O Cfbank, 4960 East Dublin Granville Rd, Suite 400, Columbus, OH 430811
  • Phone61433479791
  • Shares outstanding6,434,002 Common Stock shares; 76,700 Nonvoting Common Stock shares as of Mar 10, 202615
  • Public float$136.0M as of Jun 30, 202515
  • AuditorPlante & Moran, PLLC, Cleveland, Ohio PCAOB ID 166; it also attests to the company’s internal control over financial reporting15
  • On EDGAR sinceSep 23, 19981
  • Filings1,119 in all: 4 (416), 8-K (292), 10-Q (56), SC 13G/A (41), DEF 14A (31), 10QSB (27), 3 (25), SC 13D/A (21)1
    All 56 form types

    10-K (19), SCHEDULE 13D/A (18), SC 13G (16), 4/A (12), 5 (11), S-8 (10), SC 13D (9), 10KSB (8), EFFECT (8), PRE 14A (8), S-3 (7), SCHEDULE 13G/A (6), CORRESP (5), UPLOAD (5), 424B3 (4), 8-K/A (4), S-8 POS (4), ARS (3), D (3), DEFA14A (3), FWP (3), POS AM (3), S-1/A (3), S-3/A (3), SC 13E3/A (3), 10QSB/A (2), 11-K (2), 144 (2), D/A (2), NT 10-Q (2), PRER14A (2), REGDEX (2), S-1 (2), SCHEDULE 13G (2), 10-K/A (1), 10KSB/A (1), 10KSB40 (1), 3/A (1), 424B1 (1), 5/A (1), 8-A12G (1), DEL AM (1), NO ACT (1), RW (1), S-2 (1), SB-2 (1), SB-2/A (1), SC 13E3 (1)

  • Latest filingsAnnual report (10-K) Mar 12, 2026
    Quarterly report (10-Q) Aug 7, 2026
    Proxy statement (DEF 14A) Apr 23, 2026
    Latest 8-K (8-K) Jul 28, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $.01 per shareCFBKNASDAQ

From the cover page of the 10-K filed Mar 12, 2026 (Section 12(b) of the Exchange Act).15

Risk factors and legal proceedings

The risks CF BANKSHARES INC. names in Item 1A of its 10-K filed Mar 12, 2026: 34 risks under these headings, as written.15

  • Economic, Market and Political Risks
  • Changes in economic and political conditions could adversely affect our earnings through declines in deposits, loan demand, the ability of our customers to repay loans and the value of the collateral securing our loans.
  • Changing interest rates may decrease our earnings and asset values.
  • Defaults by other financial institutions could adversely affect our business, earnings and financial condition.
  • Risks Related to Our Lending Activities
  • Our allowance for credit losses may not be adequate to absorb the expected, lifetime losses in our loan portfolio.
  • Our emphasis on commercial, commercial real estate and multi-family residential real estate lending may expose us to increased lending risks.
  • Our adjustable-rate loans may expose us to increased lending risks.
  • We may be required to repurchase loans we have sold or indemnify loan purchasers under the terms of the sale agreements, which could adversely affect our liquidity, results of operations and financial condition.
  • We depend upon the accuracy and completeness of information about customers and counterparties.
  • Our business and financial results are subject to risks associated with the creditworthiness of our customers and counterparties.
  • Risks Related to Our Business Operations
The other 25 risks
  • We may not be able to effectively manage our growth.
  • Future acquisitions or other expansion may adversely affect our financial condition and results of operations.
  • We face strong competition from other financial institutions, financial services companies and other organizations offering services similar to those offered by us, which could result in our not being able to sustain or grow our loan and deposit businesses.
  • We rely heavily on our management team and other key employees, and the unexpected loss of key employees may adversely affect our operations.
  • We are exposed to operational risk.
  • Unauthorized disclosure of sensitive or confidential client information or breaches in security of our systems could severely harm our business.
  • Our business could be adversely affected through third parties who perform significant operational services on our behalf.
  • Derivative transactions may expose us to unexpected risk and potential losses.
  • Legislative, Legal and Regulatory Risks
  • We operate in a highly regulated industry, and the laws and regulations that govern our operations, corporate governance, executive compensation and financial accounting, or reporting, including changes in, or failure to comply with the same, may adversely affect the Company.
  • Legislative or regulatory changes or actions could adversely impact our business.
  • We are subject to limitations and conditions on certain activities as a result of our “Needs to Improve” CRA rating.
  • Deposit insurance premiums may increase and have a negative effect on our results of operations.
  • We may be the subject of litigation which could result in legal liability and damage to our business and reputation.
  • Changes in accounting standards, policies, estimates or procedures could impact our reported financial condition or results of operations.
  • Noncompliance with the Bank Secrecy Act (BSA) and other anti-money laundering statutes and regulations could cause a material financial loss.
  • Risks Related to our Capital and Capital Stock
  • We are a holding company and depend on our subsidiary bank for dividends.
  • We may elect or need to raise additional capital in the future, but capital may not be available when it is needed.
  • Although publicly traded, our Common Stock has less liquidity than the average liquidity of stocks listed on NASDAQ.
  • The market price of our Common Stock may be subject to fluctuations and volatility.
  • Provisions in the Holding Company’s Amended and Restated Certificate of Incorporation and statutory provisions could discourage a hostile acquisition of control.
  • General Risk Factors
  • Adverse changes in the financial markets may adversely impact our results of operations.
  • We are at risk of increased losses from fraud.
  • Changes in tax laws could adversely affect our performance.
  • We need to constantly update our technology in order to compete and meet customer demands.
  • Climate change, severe weather, natural disasters, acts of war or terrorism and other external events could significantly impact our business.

Legal proceedings

We may, from time to time, be involved in various legal proceedings in the normal course of business. Periodically, there have been various claims and lawsuits involving CFBank, such as claims to enforce liens, condemnation proceedings on properties in which CFBank holds security interests, claims involving the making and servicing of real property loans and other issues incident to our banking business. We are not a party to any pending legal proceeding that management believes would have a material adverse effect on our financial condition or operations, if decided adversely to us.

The opening of Item 3, Legal Proceedings.15

Sources

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