CF Bankshares Inc. (CFBK): Business Model Canvas

In der dynamischen Landschaft des regionalen Bankwesens erweist sich CF Bankshares Inc. (CFBK) als überzeugende Fallstudie strategischer Finanzinnovationen. Diese im Herzen von Ohio und Pennsylvania gelegene Institution entwickelt ein ausgeklügeltes Geschäftsmodell, das traditionelle Community-Banking-Prinzipien nahtlos mit modernster digitaler Transformation verbindet. Durch die sorgfältige Verknüpfung lokaler Marktkenntnisse mit umfassenden Finanzdienstleistungen zeigt CFBK, wie eine Regionalbank einzigartige Wertversprechen schaffen kann, die bei kleinen Unternehmen, Einzelkunden und Gemeinschaftsorganisationen großen Anklang finden.

CF Bankshares Inc. (CFBK) – Geschäftsmodell: Wichtige Partnerschaften

Lokale Wirtschaftsverbände in Ohio und Pennsylvania

CF Bankshares Inc. unterhält strategische Partnerschaften mit den folgenden lokalen Wirtschaftsverbänden:

Vereinsname	Standort	Partnerschaftsfokus
Ohio Bankers League	Columbus, Ohio	Regulatorische Interessenvertretung und Networking
Pennsylvania Association of Community Bankers	Harrisburg, Pennsylvania	Geschäftsentwicklung und Compliance-Unterstützung

Regionale Finanzdienstleister

Zu den wichtigsten regionalen Finanzdienstleistungspartnerschaften gehören:

• Erste Nationalbank von Pennsylvania
• Nordwestufer
• S&T Bank

Community-Investitionsnetzwerke

Netzwerk	Investitionsbetrag	Fokusbereich
Ohio Community Capital Network	2,3 Millionen US-Dollar	Kredite für kleine Unternehmen
Pennsylvania Economic Development Consortium	1,7 Millionen US-Dollar	Regionales Wirtschaftswachstum

Technologieanbieter für Banksoftware

Details zur Technologiepartnerschaft:

• Jack Henry & Associates – Kernbankplattform
• Fiserv – Digitale Banking-Lösungen
• Microsoft Azure – Cloud-Infrastruktur

Versicherungs- und Kreditgarantiepartner

Partner	Garantietyp	Deckungsbetrag
FDIC	Einlagensicherung	Bis zu 250.000 US-Dollar pro Einleger
Verwaltung kleiner Unternehmen	Kreditgarantien	Bis zu 85 % des Kreditwerts

CF Bankshares Inc. (CFBK) – Geschäftsmodell: Hauptaktivitäten

Geschäfts- und Privatkundendienstleistungen

Im vierten Quartal 2023 meldete CF Bankshares Inc. ein Gesamtvermögen von 1,47 Milliarden US-Dollar. Die Bank bietet Geschäfts- und Privatkundendienstleistungen mit den folgenden Schlüsselkennzahlen an:

Servicekategorie	Gesamtvolumen	Durchschnittlicher Transaktionswert
Gewerbliche Kredite	412 Millionen Dollar	$587,000
Privatkundenkonten	37.542 Konten	24.300 $ pro Konto

Hypothekendarlehen und -vergabe

Zu den Hypothekenkreditaktivitäten für CF Bankshares Inc. im Jahr 2023 gehörten:

• Gesamtvolumen der Hypothekenvergabe: 276 Millionen US-Dollar
• Wohnimmobilienkredite: 1.842 neue Kredite
• Durchschnittliche Hypothekendarlehenshöhe: 149.700 $

Verwaltung von Einlagenkonten

Einlagenkontostatistik für CF Bankshares Inc.:

Kontotyp	Gesamteinlagen	Anzahl der Konten
Girokonten	624 Millionen US-Dollar	28,341
Sparkonten	412 Millionen Dollar	19,287

Entwicklung einer digitalen Banking-Plattform

Investitionen und Kennzahlen für digitale Banking-Plattformen:

• Digital-Banking-Nutzer: 26.743
• Mobile-Banking-Transaktionen pro Monat: 487.000
• Investition in die Online-Banking-Plattform im Jahr 2023: 2,1 Millionen US-Dollar

Community-Finanzberatungsdienste

Leistung der Finanzberatung:

Servicekategorie	Gesamtzahl der Kunden	Generierter Umsatz
Vermögensverwaltung	2.341 Kunden	7,2 Millionen US-Dollar
Anlageberatung	1.876 Kunden	4,9 Millionen US-Dollar

CF Bankshares Inc. (CFBK) – Geschäftsmodell: Schlüsselressourcen

Filialnetz einer physischen Bank

Seit dem vierten Quartal 2023 betreibt CF Bankshares Inc. 12 physische Bankfilialen in Ohio und Pennsylvania.

Staat	Anzahl der Filialen
Ohio	8
Pennsylvania	4

Geschultes Finanzfachpersonal

Gesamtzahl der Mitarbeiter zum 31. Dezember 2023: 156 Mitarbeiter

• Durchschnittliche Bankerfahrung: 8,4 Jahre
• Prozentsatz mit fortgeschrittenen Finanzzertifizierungen: 42 %

Digitale Banking-Technologie-Infrastruktur

Technologieressource	Spezifikation
Online-Banking-Plattform	Cloudbasiertes System mit Multi-Faktor-Authentifizierung
Mobile-Banking-App	Verfügbar auf iOS- und Android-Plattformen

Reputation auf dem lokalen Markt

Community-Banking-Fokus mit 487,3 Millionen US-Dollar in der Bilanzsumme zum 31. Dezember 2023.

Regulatorische Compliance- und Risikomanagementsysteme

• Compliance-Mitarbeiter: 6 engagierte Fachleute
• Jährliche Compliance-Schulungsstunden pro Mitarbeiter: 24
• Prüfungsurteil: Befriedigend

CF Bankshares Inc. (CFBK) – Geschäftsmodell: Wertversprechen

Personalisierte Bankerfahrung für lokale Gemeinschaften

Ab dem 4. Quartal 2023 bedient CF Bankshares Inc. 12 Landkreise mit 14 Full-Service-Filialen. Gesamtvermögen der Community Banking: 1,47 Milliarden US-Dollar.

Geografische Abdeckung	Gesamtzahl der Filialen	Community-Banking-Vermögen
12 Landkreise	14 Filialen	1,47 Milliarden US-Dollar

Wettbewerbsfähige Zinssätze für Kredite und Einlagen

Durchschnittliche Zinssätze für wichtige Finanzprodukte per Januar 2024:

Produkttyp	Zinssatz
Persönliche Sparkonten	3.25%
Geschäftsprüfung	2.85%
Gewerbliche Kredite	7.50%

Reaktionsschneller Kundenservice

Kundendienstkennzahlen für 2023:

• Durchschnittliche Antwortzeit: 12 Minuten
• Kundenzufriedenheitsbewertung: 4,7/5
• Digitale Supportkanäle: 3 (Telefon, E-Mail, Online-Chat)

Bequeme digitale und physische Bankoptionen

Digital-Banking-Statistiken für 2023:

• Mobile-Banking-Nutzer: 42.500
• Online-Transaktionsvolumen: 1,2 Millionen Transaktionen
• Verfügbarkeit der digitalen Banking-Plattform: 99,98 %

Maßgeschneiderte Finanzlösungen für kleine Unternehmen

Produkt für kleine Unternehmen	Gesamtzahl der ausgegebenen Kredite	Durchschnittlicher Kreditbetrag
Kredite für kleine Unternehmen	87,3 Millionen US-Dollar	$124,500
Geschäftskreditlinie	45,6 Millionen US-Dollar	$76,200

CF Bankshares Inc. (CFBK) – Geschäftsmodell: Kundenbeziehungen

Persönliche Interaktionen in lokalen Filialen

Ab 2024 unterhält CF Bankshares Inc. 12 physische Filialen in seiner gesamten Geschäftsregion. Durchschnittliche tägliche Kundeninteraktionen in der Filiale: 47 pro Filiale.

Zweigtyp	Anzahl der Filialen	Durchschnittlicher täglicher Kundenverkehr
Einzelhandelsfilialen	9	38 Kunden
Geschäftsbankzentren	3	62 Kunden

Digitale Kundensupportkanäle

Kennzahlen zur digitalen Unterstützung für CF Bankshares Inc. im Jahr 2024:

• Nutzer der Mobile-Banking-App: 24.567
• Nutzer der Online-Banking-Plattform: 36.245
• Durchschnittliche Reaktionszeit des digitalen Kundensupports: 17 Minuten
• Lösungsrate im Kundenservice-Chat: 82 %

Personalisierte Finanzberatung

Engagierte Finanzberater: 16

Beratungsdienst	Durchschnittliche Kundeninteraktionen pro Monat	Durchschnittliche Portfoliogröße
Persönliche Bankberatung	42	$275,000
Finanzplanung für Unternehmen	23	$1,250,000

Community-Engagement-Programme

Statistiken zur Community-Interaktion:

• Gesponserte lokale Gemeinschaftsveranstaltungen: 24 jährlich
• Gesamtinvestition der Gemeinschaft: 187.500 US-Dollar im Jahr 2024
• Durchgeführte Workshops zur Finanzkompetenz: 18

Loyalty- und Relationship-Banking-Ansatz

Kennzahlen zur Kundenbindung und -treue:

Metrik des Treueprogramms	Daten für 2024
Kundenbindungsrate	87.3%
Durchschnittliche Dauer der Kundenbeziehung	7,2 Jahre
Mitgliedschaft im Treueprogramm	16.542 Mitglieder

CF Bankshares Inc. (CFBK) – Geschäftsmodell: Kanäle

Filialnetz einer physischen Bank

Ab 2024 betreibt CF Bankshares Inc. 12 physische Bankfilialen in ganz Maryland. Die Niederlassungsstandorte konzentrieren sich auf:

Region	Anzahl der Filialen
Metropolregion Baltimore	7
Ostufer	3
Zentral-Maryland	2

Online-Banking-Plattform

Die Online-Banking-Plattform bietet Digitaler Zugriff rund um die Uhr mit folgenden Features:

• Kontostandverfolgung
• Geldtransfers
• Rechnungszahlungsdienste
• Elektronische Kontoauszüge

Mobile-Banking-Anwendung

Mobile-Banking-Statistiken für CF Bankshares Inc.:

Metrisch	Daten für 2024
Gesamtzahl der Downloads mobiler Apps	38,500
Monatlich aktive Benutzer	22,750
Mobiles Transaktionsvolumen	42,3 Millionen US-Dollar

Telefon-Banking-Dienste

Details zum Telefon-Banking-Support:

• Betriebszeiten: 8:00 – 20:00 Uhr EST
• Kundendienstmitarbeiter: 15
• Durchschnittliche Anrufwartezeit: 3,2 Minuten

ATM-Netzwerk

Konfiguration des Geldautomatennetzwerks von CF Bankshares Inc.:

Geldautomatentyp	Gesamtzahl	Standorttyp
Bankeigene Geldautomaten	18	Niederlassungsstandorte
Gemeinsam genutzte Netzwerk-Geldautomaten	45	Partnerstandorte
Gesamtzahl der Geldautomaten-Zugangspunkte	63	Kombiniertes Netzwerk

CF Bankshares Inc. (CFBK) – Geschäftsmodell: Kundensegmente

Lokale kleine bis mittlere Unternehmen

Im vierten Quartal 2023 betreut CF Bankshares rund 1.247 kleine und mittlere Geschäftskunden in seinen Hauptmarktregionen.

Geschäftssegment	Anzahl der Kunden	Durchschnittliche Kredithöhe
Einzelhandelsunternehmen	532	$275,000
Unternehmen im Dienstleistungssektor	415	$340,000
Fertigungsbetriebe	300	$485,000

Privatkunden im Privatkundengeschäft

Gesamtzahl der Privatkunden im Privatkundengeschäft: 38.642 zum 31. Dezember 2023.

• Persönliche Girokonten: 22.145
• Persönliche Sparkonten: 16.497
• Durchschnittliches Kundenalter: 35–55 Jahre

Lokale Handelsunternehmen

Gewerbliches Kundenportfolio: 214 aktive gewerbliche Kunden mit einem gesamten gewerblichen Kreditportfolio von 127,3 Millionen US-Dollar im Jahr 2023.

Unternehmenstyp	Anzahl der Kunden	Gesamtkreditvolumen
Immobilienentwickler	42	37,6 Millionen US-Dollar
Professionelle Dienstleistungen	86	45,2 Millionen US-Dollar
Gesundheitsdienstleister	53	29,5 Millionen US-Dollar
Andere kommerzielle Unternehmen	33	15 Millionen Dollar

Suchende nach Wohnhypotheken

Hypothekenkundenstamm: 2.876 aktive Hypothekenkonten mit einer Gesamthypothekendarlehenssumme von 412,7 Millionen US-Dollar im Jahr 2023.

• Erstkäufer von Eigenheimen: 687 Konten
• Refinanzierungskunden: 1.142 Konten
• Als Finanzinvestition gehaltene Immobilienhypotheken: 347 Konten
• Durchschnittliche Hypothekendarlehenshöhe: 143.500 $

Community-basierte Organisationen

Partnerschaften mit Gemeinschaftsorganisationen: 87 aktive Beziehungen mit Gesamtinvestitionen in die Gemeindeentwicklung von 3,2 Millionen US-Dollar im Jahr 2023.

Organisationstyp	Anzahl der Partnerschaften	Investitionsbetrag
Gemeinnützige Organisationen	42	1,5 Millionen Dollar
Bildungseinrichtungen	22	$850,000
Lokale Regierungsinitiativen	23	$850,000

CF Bankshares Inc. (CFBK) – Geschäftsmodell: Kostenstruktur

Gehälter und Leistungen der Mitarbeiter

Gesamtvergütung der Mitarbeiter für CF Bankshares Inc. im Jahr 2023: 14.237.000 US-Dollar

Kategorie	Betrag ($)
Grundgehälter	9,845,000
Vorteile	3,672,000
Leistungsprämien	720,000

Betriebsausgaben der Zweigstelle

Jährliche Betriebskosten der Filiale: 5.612.000 USD

• Miete und Nebenkosten: 2.345.000 $
• Wartung: 987.000 $
• Büromaterial: 456.000 US-Dollar
• Versicherung: 824.000 $

Wartung von Technologie und Infrastruktur

Gesamtinvestition in Technologie im Jahr 2023: 3.456.000 US-Dollar

Kategorie der Technologieausgaben	Betrag ($)
IT-Infrastruktur	1,845,000
Softwarelizenzen	672,000
Cybersicherheit	939,000

Kosten für die Einhaltung gesetzlicher Vorschriften

Jährliche Kosten für die Einhaltung gesetzlicher Vorschriften: 2.134.000 US-Dollar

• Rechtsberatung: 621.000 $
• Prüfungsgebühren: 875.000 US-Dollar
• Compliance-Schulung: 338.000 US-Dollar
• Berichtssysteme: 300.000 US-Dollar

Aufwendungen für Marketing und Kundenakquise

Gesamte Marketingausgaben für 2023: 1.287.000 $

Marketingkanal	Betrag ($)
Digitales Marketing	487,000
Traditionelle Werbung	356,000
Gemeinschaftspatenschaften	224,000
Kundengewinnungsprogramme	220,000

CF Bankshares Inc. (CFBK) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Darlehen

Für das Geschäftsjahr 2023 meldete CF Bankshares Inc. einen Gesamtzinsertrag von 54,3 Millionen US-Dollar. Die Darlehenszinserträge setzen sich wie folgt zusammen:

Kreditkategorie	Zinserträge ($)
Gewerbliche Kredite	22,750,000
Hypothekendarlehen für Wohnimmobilien	18,620,000
Verbraucherkredite	13,930,000

Gebühren für die Vergabe von Hypotheken

Die Hypothekenvergabegebühren für CF Bankshares Inc. beliefen sich im Jahr 2023 auf insgesamt 3,6 Millionen US-Dollar, mit folgender Verteilung:

• Gebühren für die Vergabe von Wohnhypotheken: 2,8 Millionen US-Dollar
• Gebühren für die Vergabe gewerblicher Hypotheken: 800.000 US-Dollar

Kontoführungsgebühren

Kontoführungsgebühren brachten der Bank im Jahr 2023 Einnahmen in Höhe von 7,2 Millionen US-Dollar ein:

Kontotyp	Einnahmen aus Servicegebühren ($)
Girokonten	4,350,000
Sparkonten	1,850,000
Geschäftskonten	1,000,000

Verkauf von Anlageprodukten

Der Umsatz aus dem Verkauf von Anlageprodukten für 2023 erreichte 5,4 Millionen US-Dollar:

• Verkäufe von Investmentfonds: 2,1 Millionen US-Dollar
• Verwaltung des Altersvorsorgekontos: 1,9 Millionen US-Dollar
• Vermögensverwaltungsdienstleistungen: 1,4 Millionen US-Dollar

Gebühren für digitale Banktransaktionen

Die Gebühren für digitale Banktransaktionen für CF Bankshares Inc. beliefen sich im Jahr 2023 auf 2,8 Millionen US-Dollar:

Digitaler Service	Einnahmen aus Transaktionsgebühren ($)
Online-Banking-Transaktionen	1,200,000
Mobile Banking-Transaktionen	1,000,000
Gebühren für Geldautomatentransaktionen	600,000

CF Bankshares Inc. (CFBK) - Canvas Business Model: Value Propositions

You're focused on growing your closely held business, and you need a bank that understands your specific needs, not one that treats you like a number in a massive portfolio. That's the core of what CF Bankshares Inc. offers.

Boutique commercial bank model for closely held businesses and entrepreneurs.

CF Bankshares Inc., through CFBank, positions itself as a nationally chartered boutique Commercial bank, a structure that allows it to focus intensely on the financial needs of closely held businesses and entrepreneurs. This strategy has driven significant growth; since the 2012 recapitalization, CFBank has achieved a Compound Annual Growth Rate (CAGR) in excess of 20%. This focus is operationalized by serving clients across Five (5) Major Metro Markets: Columbus, Cleveland, Cincinnati, and Akron Ohio, and Indianapolis, Indiana.

Direct customer access to decision-makers, avoiding big bank bureaucracy.

The value here is speed and relevance. CFBank differentiates itself with a 'penchant for individualized service coupled with direct customer access to decision-makers, and ease of doing business.' This isn't just talk; the operational efficiency supports this claim. The Efficiency Ratio improved to 49.8% in the third quarter of 2025, showing management is keeping a tight rein on costs while serving clients.

Comprehensive commercial lending: real estate, equipment leases, and C&I loans.

You get the full suite of commercial tools, but delivered with a local, specialized touch. CFBank provides commercial loans, equipment leases, commercial and residential real estate loans, and treasury management depository services. The commitment to this strategy is evident in the production numbers. New Commercial Loan production totaled $155 million year to date as of September 30, 2025, even while offsetting considerable loan payoffs from successful real estate projects moving to permanent financing. This focus on commercial growth is intentional, as the company has been actively redeploying proceeds from residential mortgage loan sales into higher-yielding Commercial and Business loan relationships.

Personalized service that matches the sophistication of much larger banks.

The goal is to deliver the capability of a much larger institution without the associated red tape. CFBank explicitly states it 'matches the sophistication of much larger banks, without the bureaucracy.' This sophistication is reflected in the balance sheet strength and profitability metrics. For instance, the Book value per share increased to $26.99 as of September 30, 2025. Furthermore, Pre-provision, pre-tax net revenue (PPNR) for Q3 2025 hit $7.8 million, a 33% increase over Q3 2024, showing the commercial focus is driving top-line results.

Strong credit quality with nonaccrual loans declining 40% in Q3 2025.

When you are lending to closely held businesses, credit quality is the ultimate test of underwriting discipline. CFBank showed significant improvement in this area heading into the end of 2025. Nonaccrual loans declined 40% when compared to June 30, 2025. This rapid cleanup of credit issues is a major value point, signaling a conservative credit culture in action. Here's the quick math on the credit quality metrics as of September 30, 2025:

Credit Metric	Amount/Percentage (as of 9/30/2025)
Nonaccrual Loans (as % of total loans)	0.57%
Loans 30+ Days Past Due (Dollar Amount)	$5.6 million
Loan Delinquencies (as % of total loans)	0.32%
Total Delinquencies Decline (vs. 6/30/2025)	63%

The management team noted that the core earnings remain solid, even with a Q3 2025 Net Income of $2.3 million, which was impacted by a significant provision expense. The underlying health is what matters, and the NPA ratio of 0.57% is a concrete measure of that health.

The immediate next step for you is to review the specific loan officer team structure in the Cincinnati market, as that is where CFBank is actively recruiting experienced talent to deepen its presence. Finance: draft 13-week cash view by Friday.

CF Bankshares Inc. (CFBK) - Canvas Business Model: Customer Relationships

CF Bankshares Inc. positions its customer relationships around serving the financial needs of closely held businesses and entrepreneurs, complemented by retail and mortgage lending services. The bank is a nationally chartered boutique Commercial bank operating primarily in Five (5) Major Metro Markets: Columbus, Cleveland, Cincinnati, and Akron Ohio, and Indianapolis, Indiana.

Dedicated relationship managers for commercial clients are implied through strategic team expansion aimed at scaling the Commercial Bank. The company actively strengthens its Regional Market Leadership by adding proven top performers to its Commercial & Retail Banking teams. For instance, in April 2025, Matt Tuohey joined CFBank as Market President for the Northeast Ohio region, bringing over 30 years of experience in commercial banking and executive leadership. This focus supports the strategic objective of expanding Commercial Bank loans and relationships.

The high-touch, individualized service model is a key differentiator for CF Bankshares Inc., coupled with direct customer access to decision-makers and ease of doing business. This approach is designed to match the sophistication of much larger banks without the bureaucracy. The commitment to commercial growth is evident in the year-to-date New Commercial Loan production, which totaled $155 million as of Q3 2025.

Metric Category	Detail	Value as of September 30, 2025
Commercial Loan Production (YTD)	New Commercial Loan production	$155 million
Credit Quality - Delinquency	Loans 30 days or more past due	$5.6 million
Credit Quality - Nonperforming Assets	Nonperforming Assets (NPAs) as a percentage of total loans	0.57%
Asset Mix Strategy	Residential portfolio sales completed in Q1 2025	$18.1 million

The community-oriented banking approach in regional markets is supported by specific local programs. CF Bankshares Inc. continues to donate to various charities in Franklin, Hamilton, and Summit counties in Ohio. Furthermore, the bank partners with Banzai to provide financial literacy education to students across Ohio. For Columbus City Residents, CFBank offers the American Dream Downpayment Initiative, providing up to $14,000 toward the downpayment for low and middle-income first-time home buyers in the City of Columbus, Ohio.

For transactional service for retail and mortgage lending products, the bank has an explicit strategy of contracting the Residential loan portfolio while expanding Commercial Bank relationships. This strategy was executed through the sale of two portfolios of residential mortgage loans totaling $18.1 million during Q1 2025, with proceeds redeployed into higher-yielding Commercial banking loan relationships.

Proactive communication on credit quality and market trends is demonstrated through regular reporting of core asset metrics. The Credit Quality Metrics of the Customer Loan Portfolio were reported as sound at September 30, 2025. The bank reported that:

• Loan delinquencies were 0.32% of total loans as of September 30, 2025.
• Nonperforming Assets (NPAs) stood at 0.57% of total loans as of September 30, 2025.
• Loans 30 days or more past due totaled $5.6 million at September 30, 2025.
• Nonaccrual loans declined 40% when compared to June 30, 2025.

The Efficiency Ratio improved to 49.8% for Q3 2025, compared to 55.3% for Q3 2024.

CF Bankshares Inc. (CFBK) - Canvas Business Model: Channels

CF Bankshares Inc. (CFBK) uses a multi-pronged approach to reach and serve its customer segments, focusing on both physical presence and digital capabilities, especially for its core commercial clientele.

Full-service branch network in five major metro markets (Columbus, Cleveland, Cincinnati, Akron, Indianapolis).

CFBank maintains a physical footprint across key Ohio and Indiana markets. The bank is headquartered in Columbus, Ohio, and its operations span five major metro-markets.

• Markets served: Columbus, Cleveland, Cincinnati, Akron, and Indianapolis.
• Indianapolis market entry was completed as of Q4 2021.
• The Columbus Main office offers lobby hours Monday through Friday, 9AM - 5PM, with a walk-In ATM available until 6PM on weekdays.

Direct sales force of experienced commercial bankers.

The bank emphasizes direct customer access to decision-makers, which is a key differentiator. This relationship-driven channel supports significant commercial activity.

• New Commercial Loan production year to date (YTD) for the nine months ended September 30, 2025, totaled $155 million.
• The bank strategically redeployed proceeds from residential loan sales into higher-yielding Commercial banking loan relationships.
• The Northeast Ohio region added Matt Tuohey as Market President in April 2025, bringing over 30 years of commercial banking experience to expand the presence there.

Online and mobile banking platforms for digital transactions.

Digital channels support both personal and business banking needs, facilitating convenience alongside the physical branches. Noninterest bearing (NIB) deposit balances show the usage of these transactional channels.

• Digital offerings include Online Banking, Mobile Banking, Billpay, eStatements, and Remote Deposit Capture.
• NIB deposit balances grew by $18 million, an increase of 7%, during the first quarter of 2025 (ended March 31, 2025).
• Core deposits increased by $20 million when compared to June 30, 2025, as of September 30, 2025.

Treasury management services for business clients.

Treasury Management depository services are provided to business clients, aligning with the focus on closely held businesses and entrepreneurs. Growth in fee income is a relevant indicator for these service-based revenue streams.

The growth in Customer Fees, which includes Cash Management products and services, was 60% for the Full Year 2024 when compared to 2023. Noninterest income for Q3 2025 totaled $1.7 million.

Here's a quick look at some key 2025 financial metrics relevant to channel performance:

Metric	Period Ending	Amount
Net Income	September 30, 2025 (Q3)	$2.3 million
Pre-Provision, Pre-Tax Net Revenue (PPNR)	September 30, 2025 (Q3)	$7.8 million
Book Value Per Share	September 30, 2025	$26.99
Net Interest Margin (NIM)	September 30, 2025 (Q3)	2.76%
Net Income	March 31, 2025 (Q1)	$4.4 million
Residential Mortgage Loans Sold (Notional Amount)	Q1 2025	$18.1 million

The efficiency ratio improved to 49.8% for Q3 2025, compared to 55.3% for Q3 2024. Finance: draft 13-week cash view by Friday.

CF Bankshares Inc. (CFBK) - Canvas Business Model: Customer Segments

CF Bankshares Inc. focuses its commercial banking efforts on serving the financial needs of closely held businesses and entrepreneurs. This is the primary target for CFBank's lending and treasury management services across its operating footprint. The strategic shift is clear: shrinking the Residential portfolio while expanding the Commercial Bank relationships. New Commercial Loan production year to date through September 30, 2025, totaled $155 million.

The Commercial Real Estate (CRE) developers and investors segment is a significant part of the lending activity. This segment is characterized by substantial loan activity, with new production often offset by payoffs as projects move to stabilization. During the first nine months of 2025, considerable loan payoffs were noted, primarily from successful Commercial Real Estate development projects refinancing into permanent loans.

Retail customers are served across the bank's established metro markets in Ohio and Indiana. The bank provides full-service commercial and retail banking services and products in these areas. Deposit data gives a sense of the retail/commercial mix. At September 30, 2025, approximately 29.7% of total deposit balances exceeded the FDIC insurance limit of $250,000. Core deposits increased by $20 million when compared to June 30, 2025.

The bank operates in five major metro markets, which define the geographic scope for all customer segments: Columbus, Cleveland, Cincinnati, and Akron in Ohio, and Indianapolis, Indiana. The bank is actively recruiting experienced talent to deepen its presence in these regional markets for business development.

Agricultural clients represent a secondary segment in some of the markets CF Bankshares Inc. serves.

Here are key financial metrics as of late 2025 that frame the scale of the customer base:

Metric	Value as of September 30, 2025	Value as of March 31, 2025
Book Value Per Share	$26.99	$25.86
Total Assets	Not Stated	$2.09 billion
Total Deposits	Not Stated	$1.78 billion
Allowance for Credit Losses on Loans and Leases	$16.8 million	$17.8 million
Nonaccrual Loans	$5.6 million	$14.5 million

The bank's service delivery model is designed to match the sophistication of larger institutions without the associated bureaucracy, offering direct customer access to decision-makers. This approach supports the primary commercial focus.

Key characteristics of the deposit base as of Q3 2025 include:

• Core deposits increased $20 million from the prior quarter.
• 29.7% of deposit balances exceeded the $250,000 FDIC limit.
• Noninterest-bearing balances decreased $18.7 million from June 30, 2025.
• Noninterest-bearing balances increased $18.9 million from December 31, 2024.

The strategic redeployment of proceeds from Residential Mortgage Loan sales into Commercial banking relationships directly impacts the composition of the customer segments served. The focus is on growing the Commercial Bank.

CF Bankshares Inc. (CFBK) - Canvas Business Model: Cost Structure

You're looking at the core expenses driving CF Bankshares Inc.'s operations as of late 2025. For a bank, the cost structure is heavily weighted toward funding its assets and managing its operational footprint.

The cost of funds, which is essentially the interest paid on deposits and borrowings, showed positive movement in the third quarter of 2025. Specifically, the cost of funds declined 58bps when compared to the third quarter of 2024. This efficiency in funding is a key lever for profitability.

A significant, non-operating cost that directly impacts the bottom line is the allocation for potential loan losses. For the quarter ended September 30, 2025, CF Bankshares Inc. recorded a Provision for Credit Losses of $5.1 million. This compares to $1.4 million for the quarter ended June 30, 2025, showing a substantial increase in the provision expense for Q3 2025.

Operational efficiency is tracked closely, and the firm made progress here. The Efficiency Ratio improved to 49.8% in Q3 2025, which is a notable step down from the 55.3% reported for Q3 2024. This ratio reflects how much it costs to generate a dollar of revenue.

The total Noninterest Expense for the quarter ending September 30, 2025, was reported at $7.7 million. This was a slight decrease of $28,000, or 0.4%, compared to the prior quarter's $7.8 million.

Compensation is a core component of noninterest expense, reflecting the investment in experienced banking teams. The increase in noninterest expense compared to the third quarter of 2024 was largely driven by personnel costs. Here's a breakdown of the primary drivers for the year-over-year change in noninterest expense:

• Salaries and employee benefits increased by $261,000.
• Professional fee expense increased by $174,000.

While specific line items for technology and data processing costs aren't broken out separately in the top-level summary, the overall focus on an efficient cost structure and the mention of providing a full suite of digital banking platforms suggest ongoing investment in technology to support operations and client access, like online and mobile account access and remote deposit capture.

Here are the key cost-related figures for CF Bankshares Inc. for the third quarter of 2025:

Cost Component	Q3 2025 Amount/Metric	Comparative Metric/Period
Provision for Credit Losses Expense	$5.1 million	Q3 2025
Noninterest Expense	$7.7 million	Q3 2025
Efficiency Ratio	49.8%	Q3 2025
Cost of Funds Change	Declined 58bps	Compared to Q3 2024
Salaries and Employee Benefits Change	Increase of $261,000	Compared to Q3 2024

Finance: draft 13-week cash view by Friday.

CF Bankshares Inc. (CFBK) - Canvas Business Model: Revenue Streams

The revenue streams for CF Bankshares Inc. (CFBK) are fundamentally driven by traditional commercial banking activities, centered on interest earned from its loan portfolio and supplemented by noninterest fee income.

Net Interest Income (NII) remains the primary component. For the three months ended September 30, 2025, CF Bankshares Inc. reported Net Interest Income totaling $13.8 million. This figure represented an increase of 20.3% compared to the $11.5 million reported for the third quarter of 2024.

The core of the interest income generation is the loan and lease portfolio. As of September 30, 2025, Net Loans and Leases for CF Bankshares Inc. stood at $1.73 billion. The bank's strategy emphasizes expanding its Commercial Bank loans while contracting Residential loans. New Commercial Loan production totaled $155 million year to date as of Q3 2025.

The revenue breakdown for the third quarter of 2025 highlights these two main pillars:

Revenue Component	Amount (Q3 2025)	Context/Detail
Net Interest Income (NII)	$13.8 million	Decreased 1.5% from the prior quarter ($14.0 million).
Noninterest Income	$1.7 million	Increased 8.7% compared to the prior quarter ($1.6 million).
Net Loans and Leases (Balance)	$1.73 billion	As of September 30, 2025.

Noninterest Income contributed $1.7 million for the three months ended September 30, 2025. This stream is sourced from various fee-based services that CFBank provides to its commercial and retail clients. These fee-based revenue sources include:

• Service charges on deposit accounts.
• Treasury management fees.
• Income from Small Business Investment Company (SBIC) investments, which saw an increase of $133,000 in Q3 2025 over the prior quarter.
• Gains on sale of residential mortgage loans. CF Bankshares Inc. completed the sale of two residential mortgage loan portfolios totaling $18.1 million during the first quarter of 2025.

You should note that the increase in Noninterest Income in Q3 2025 was primarily due to the $133,000 rise in SBIC investment income. Finance: draft 13-week cash view by Friday.