CF Bankshares Inc. (CFBK)

CF Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	107.91	106.75	97.38	63.72	51.26	41.85
Interest Income on Investments	11.64	11.64	10.9	4.05	1.09	0.54
Total Interest Income	119.55	118.39	108.28	67.76	52.35	42.39
Interest Paid on Deposits	64.06	67.16	56.36	15.95	8.01	11.91
Interest Paid on Borrowings	4.59	4.59	4.28	3.02	2.3	2.67
Total Interest Expense	68.64	71.75	60.64	18.97	10.31	14.58
Net Interest Income	50.9	46.64	47.64	48.79	42.04	27.81
Net Interest Income Growth (YoY)	10.49%	-2.09%	-2.36%	16.06%	51.18%	28.15%
Gain (Loss) on Sale of Assets	-	-	-	-	1.89	-
Gain (Loss) on Sale of Investments	-0.1	-	-	-	-	-
Other Non-Interest Income	2.59	1.99	2.28	1.07	1.54	0.99
Total Non-Interest Income	5.84	5.18	4.03	3.21	11.64	59.99
Non-Interest Income Growth (YoY)	30.99%	28.38%	25.58%	-72.42%	-80.60%	411.89%
Revenues Before Loan Losses	56.74	51.82	51.67	52	53.68	87.8
Provision for Loan Losses	3.95	6.74	2.32	0.79	-1.6	10.92
Revenue	52.79	45.08	49.35	51.21	55.28	76.89
Revenue Growth (YoY)	20.91%	-8.66%	-3.63%	-7.36%	-28.10%	130.06%
Salaries and Employee Benefits	14.08	13.02	13.34	14.23	16.24	21.28
Occupancy Expenses	0.67	0.74	0.89	0.88	0.8	0.82
Federal Deposit Insurance	2.06	2.08	2.22	1.13	1.24	0.59
Selling, General & Administrative	9.79	9.09	8.58	8.83	11.99	14.89
Other Non-Interest Expense	3.72	3.96	3.28	2.99	2.18	3.03
Total Non-Interest Expense	30.31	28.88	28.31	28.05	32.44	40.6
EBT Excluding Unusual Items	22.48	16.2	21.05	23.16	22.84	36.28
Asset Writedown	-0.06	-0.06	-0.06	-0.57	-0.02	-
Pretax Income	22.43	16.14	20.99	22.59	22.82	36.28
Income Tax Expense	4.34	2.76	4.05	4.43	4.37	6.68
Net Income	18.09	13.39	16.94	18.16	18.45	29.61
Preferred Dividends & Other Adjustments	0.53	0.36	-	-	-	2.28
Net Income to Common	17.56	13.03	16.94	18.16	18.45	27.33
Net Income Growth	38.80%	-20.96%	-6.75%	-1.57%	-37.68%	208.38%
Basic Shares Outstanding	6	6	6	6	7	6
Diluted Shares Outstanding	6	6	6	7	7	6
Shares Change (YoY)	-1.13%	-2.15%	-1.34%	-1.73%	8.90%	31.94%
EPS (Basic)	2.80	2.08	2.64	2.84	2.84	4.53
EPS (Diluted)	2.77	2.06	2.63	2.78	2.77	4.47
EPS Growth	36.66%	-21.67%	-5.40%	0.36%	-38.03%	120.20%
Dividend Per Share	0.270	0.250	0.230	0.180	0.130	0.030
Dividend Growth	12.50%	8.70%	27.78%	38.46%	333.33%	-
Effective Tax Rate	19.35%	17.08%	19.29%	19.60%	19.13%	18.40%

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q