CF Bankshares Inc. (CFBK): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

En el panorama dinámico de la banca regional, CF Bankshares Inc. (CFBK) surge como un estudio de caso convincente de la innovación financiera estratégica. Ubicado en el corazón de Ohio y Pensilvania, esta institución crea un modelo de negocio sofisticado que combina perfectamente los principios de banca comunitaria tradicional con transformación digital de vanguardia. Al alinear meticulosamente las ideas del mercado local con servicios financieros integrales, CFBK demuestra cómo un banco regional puede crear propuestas de valor distintivas que resuenen profundamente con pequeñas empresas, clientes individuales y organizaciones comunitarias.

CF Bankshares Inc. (CFBK) - Modelo de negocio: asociaciones clave

Asociaciones comerciales locales en Ohio y Pensilvania

CF Bankshares Inc. mantiene asociaciones estratégicas con las siguientes asociaciones comerciales locales:

Nombre de la asociación	Ubicación	Enfoque de asociación
League de banqueros de Ohio	Colón, Ohio	Defensa regulatoria y redes
Asociación de Banqueros de la Comunidad de Pensilvania	Harrisburg, Pensilvania	Desarrollo de negocios y apoyo de cumplimiento

Proveedores de servicios financieros regionales

Las asociaciones clave del servicio financiero regional incluyen:

• Primer Banco Nacional de Pensilvania
• Banco del noroeste
• Banco S&T

Redes de inversión comunitaria

Red	Monto de la inversión	Área de enfoque
Red de capital comunitario de Ohio	$ 2.3 millones	Préstamos para pequeñas empresas
Consorcio de desarrollo económico de Pensilvania	$ 1.7 millones	Crecimiento económico regional

Proveedores de tecnología para software bancario

Detalles de la asociación tecnológica:

• Jack Henry & Asociados - Plataforma bancaria central
• FISERV - Soluciones de banca digital
• Microsoft Azure - Infraestructura en la nube

Socios de garantía de seguros y préstamos

Pareja	Tipo de garantía	Cantidad de cobertura
FDIC	Seguro de depósito	Hasta $ 250,000 por depositante
Administración de pequeñas empresas	Garantías de préstamo	Hasta el 85% del valor del préstamo

CF Bankshares Inc. (CFBK) - Modelo de negocio: actividades clave

Servicios de banca comercial y minorista

A partir del cuarto trimestre de 2023, CF Bankshares Inc. reportó activos totales de $ 1.47 mil millones. El banco ofrece servicios bancarios comerciales y minoristas con las siguientes métricas clave:

Categoría de servicio	Volumen total	Valor de transacción promedio
Préstamos comerciales	$ 412 millones	$587,000
Cuentas bancarias minoristas	37,542 cuentas	$ 24,300 por cuenta

Préstamo y origen hipotecario

Las actividades de préstamos hipotecarios para CF Bankshares Inc. en 2023 incluyeron:

• Volumen total de origen de la hipoteca: $ 276 millones
• Préstamos hipotecarios residenciales: 1.842 nuevos préstamos
• Tamaño promedio del préstamo hipotecario: $ 149,700

Gestión de cuentas de depósito

Estadísticas de cuenta de depósito para CF Bankshares Inc.:

Tipo de cuenta	Depósitos totales	Número de cuentas
Cuentas corrientes	$ 624 millones	28,341
Cuentas de ahorro	$ 412 millones	19,287

Desarrollo de la plataforma de banca digital

Inversiones y métricas de plataforma de banca digital:

• Usuarios de banca digital: 26,743
• Transacciones bancarias móviles por mes: 487,000
• Inversión de plataforma bancaria en línea en 2023: $ 2.1 millones

Servicios de asesoramiento financiero de la comunidad

Rendimiento del servicio de asesoramiento financiero:

Categoría de servicio	Total de clientes	Ingresos generados
Gestión de patrimonio	2.341 clientes	$ 7.2 millones
Aviso de inversión	1.876 clientes	$ 4.9 millones

CF Bankshares Inc. (CFBK) - Modelo de negocio: recursos clave

Red de sucursales bancarias físicas

A partir del cuarto trimestre de 2023, CF Bankshares Inc. opera 12 sucursales bancarias físicas ubicadas en Ohio y Pensilvania.

Estado	Número de ramas
Ohio	8
Pensilvania	4

Personal profesional financiero capacitado

Total de los empleados cuenta al 31 de diciembre de 2023: 156 empleados

• Años promedio de experiencia bancaria: 8.4 años
• Porcentaje con certificaciones financieras avanzadas: 42%

Infraestructura de tecnología de banca digital

Recurso tecnológico	Especificación
Plataforma bancaria en línea	Sistema basado en la nube con autenticación multifactor
Aplicación de banca móvil	Disponible en plataformas iOS y Android

Reputación del mercado local

Enfoque bancario comunitario con $ 487.3 millones en activos totales al 31 de diciembre de 2023.

Sistemas de cumplimiento regulatorio y gestión de riesgos

• Personal de cumplimiento: 6 profesionales dedicados
• Horas de capacitación de cumplimiento anual por empleado: 24
• Calificación de examen regulatorio: satisfactorio

CF Bankshares Inc. (CFBK) - Modelo de negocio: propuestas de valor

Experiencia bancaria personalizada para comunidades locales

A partir del cuarto trimestre de 2023, CF Bankshares Inc. atiende a 12 condados con 14 ubicaciones de sucursales de servicio completo. Activos bancarios comunitarios totales: $ 1.47 mil millones.

Cobertura geográfica	Total de ramas	Activos bancarios comunitarios
12 condados	14 ramas	$ 1.47 mil millones

Tasas de interés competitivas sobre préstamos y depósitos

Tasas de interés promedio para productos financieros clave a partir de enero de 2024:

Tipo de producto	Tasa de interés
Cuentas de ahorro personal	3.25%
Verificación de negocios	2.85%
Préstamos comerciales	7.50%

Servicio al cliente receptivo

Métricas de servicio al cliente para 2023:

• Tiempo de respuesta promedio: 12 minutos
• Calificación de satisfacción del cliente: 4.7/5
• Canales de soporte digital: 3 (teléfono, correo electrónico, chat en línea)

Opciones de banca digital y física convenientes

Estadísticas de banca digital para 2023:

• Usuarios de banca móvil: 42,500
• Volumen de transacciones en línea: 1.2 millones de transacciones
• Tiempo de actividad de la plataforma de banca digital: 99.98%

Soluciones financieras personalizadas para pequeñas empresas

Producto de pequeñas empresas	Préstamos totales emitidos	Monto promedio del préstamo
Préstamos para pequeñas empresas	$ 87.3 millones	$124,500
Línea de crédito comercial	$ 45.6 millones	$76,200

CF Bankshares Inc. (CFBK) - Modelo comercial: relaciones con los clientes

Interacciones cara a cara en ramas locales

A partir de 2024, CF Bankshares Inc. mantiene 12 ubicaciones de sucursales físicas en su región operativa. Interacciones promedio de clientes de la rama diaria: 47 por rama.

Tipo de rama	Número de ramas	Tráfico diario promedio de clientes
Ramas minoristas	9	38 clientes
Centros de banca de negocios	3	62 clientes

Canales de atención al cliente digital

Métricas de soporte digital para CF Bankshares Inc. en 2024:

• Usuarios de la aplicación de banca móvil: 24,567
• Usuarios de la plataforma bancaria en línea: 36,245
• Tiempo promedio de respuesta de atención al cliente digital: 17 minutos
• Tasa de resolución de chat de servicio al cliente: 82%

Consultoría financiera personalizada

Asesores financieros dedicados: 16

Servicio de consultoría	Interacciones promedio del cliente por mes	Tamaño promedio de la cartera
Consulta bancaria personal	42	$275,000
Planificación financiera comercial	23	$1,250,000

Programas de participación comunitaria

Estadísticas de interacción comunitaria:

• Eventos de la comunidad local patrocinados: 24 anualmente
• Inversión comunitaria total: $ 187,500 en 2024
• Talleres de educación financiera realizados: 18

Enfoque de banca de lealtad y relación

Retención de clientes y métricas de fidelización:

Métrica del programa de fidelización	2024 datos
Tasa de retención de clientes	87.3%
Duración promedio de la relación con el cliente	7.2 años
Membresía del programa de fidelización	16,542 miembros

CF Bankshares Inc. (CFBK) - Modelo de negocio: canales

Red de sucursales bancarias físicas

A partir de 2024, CF Bankshares Inc. opera 12 sucursales bancarios físicos en Maryland. Las ubicaciones de las ramas se concentran en:

Región	Número de ramas
Área metropolitana de Baltimore	7
Orilla oriental	3
María central	2

Plataforma bancaria en línea

La plataforma bancaria en línea proporciona Acceso digital 24/7 Con las siguientes características:

• Seguimiento del saldo de la cuenta
• Transferencias de fondos
• Servicios de pago de facturas
• Declaraciones electrónicas

Aplicación de banca móvil

Estadísticas de banca móvil para CF Bankshares Inc.:

Métrico	2024 datos
Descargas totales de aplicaciones móviles	38,500
Usuarios activos mensuales	22,750
Volumen de transacción móvil	$ 42.3 millones

Servicios de banca telefónica

Detalles del soporte de la banca telefónica:

• Horario de funcionamiento: 8:00 am - 8:00 pm EST
• Representantes de servicio al cliente: 15
• Tiempo de espera promedio de llamadas: 3.2 minutos

Red de cajeros automáticos

CF Bankshares Inc. Configuración de la red ATM:

Tipo de cajero automático	Número total	Tipo de ubicación
Cajeros automáticos	18	Ubicaciones de ramas
ATM de red compartidos	45	Ubicaciones de pareja
Puntos de acceso total de cajero automático	63	Red combinada

CF Bankshares Inc. (CFBK) - Modelo de negocio: segmentos de clientes

Empresas locales pequeñas a medianas

A partir del cuarto trimestre de 2023, CF Bankshares atiende a aproximadamente 1,247 clientes comerciales pequeños a medianos en sus regiones de mercado primarias.

Segmento de negocios	Número de clientes	Tamaño promedio del préstamo
Negocios minoristas	532	$275,000
Empresas del sector de servicios	415	$340,000
Negocios manufactureros	300	$485,000

Clientes de banca minorista individual

Total de clientes de banca minorista individual: 38,642 al 31 de diciembre de 2023.

• Cuentas corrientes personales: 22,145
• Cuentas de ahorro personal: 16,497
• Rango promedio de edad del cliente: 35-55 años

Empresas comerciales locales

Portafolio de clientes comerciales: 214 clientes comerciales activos con cartera de préstamos comerciales totales de $ 127.3 millones en 2023.

Tipo de empresa	Número de clientes	Volumen total de préstamos
Desarrolladores inmobiliarios	42	$ 37.6 millones
Servicios profesionales	86	$ 45.2 millones
Proveedores de atención médica	53	$ 29.5 millones
Otras entidades comerciales	33	$ 15 millones

Solicitantes de hipotecas residenciales

Base de clientes hipotecarios: 2.876 cuentas hipotecarias activas con préstamos hipotecarios totales de $ 412.7 millones en 2023.

• Compradores de vivienda por primera vez: 687 cuentas
• Refinanciar clientes: 1.142 cuentas
• Mortgagas de propiedad de inversión: 347 cuentas
• Tamaño promedio del préstamo hipotecario: $ 143,500

Organizaciones basadas en la comunidad

Asociaciones de organización comunitaria: 87 relaciones activas con inversiones de desarrollo comunitario total de $ 3.2 millones en 2023.

Tipo de organización	Número de asociaciones	Monto de la inversión
Organizaciones sin fines de lucro	42	$ 1.5 millones
Instituciones educativas	22	$850,000
Iniciativas del gobierno local	23	$850,000

CF Bankshares Inc. (CFBK) - Modelo de negocio: Estructura de costos

Salarios y beneficios de los empleados

Compensación total de empleados para CF Bankshares Inc. en 2023: $ 14,237,000

Categoría	Monto ($)
Salarios base	9,845,000
Beneficios	3,672,000
Bonos de rendimiento	720,000

Gastos operativos de rama

Costos operativos de sucursal anual: $ 5,612,000

• Alquiler y servicios públicos: $ 2,345,000
• Mantenimiento: $ 987,000
• Suministros de oficina: $ 456,000
• Seguro: $ 824,000

Mantenimiento de tecnología e infraestructura

Inversión tecnológica total en 2023: $ 3,456,000

Categoría de gastos tecnológicos	Monto ($)
Infraestructura	1,845,000
Licencias de software	672,000
Ciberseguridad	939,000

Costos de cumplimiento regulatorio

Gastos de cumplimiento regulatorio anual: $ 2,134,000

• Consultas legales: $ 621,000
• Tarifas de auditoría: $ 875,000
• Capacitación de cumplimiento: $ 338,000
• Sistemas de informes: $ 300,000

Gastos de marketing y adquisición de clientes

Gastos de marketing total para 2023: $ 1,287,000

Canal de marketing	Monto ($)
Marketing digital	487,000
Publicidad tradicional	356,000
Patrocinios comunitarios	224,000
Programas de adquisición de clientes	220,000

CF Bankshares Inc. (CFBK) - Modelo de negocio: flujos de ingresos

Ingresos por intereses de préstamos

Para el año fiscal 2023, CF Bankshares Inc. reportó ingresos por intereses totales de $ 54.3 millones. El desglose de los ingresos por intereses del préstamo es el siguiente:

Categoría de préstamo	Ingresos de intereses ($)
Préstamos comerciales	22,750,000
Préstamos hipotecarios residenciales	18,620,000
Préstamos al consumo	13,930,000

Tarifas de origen de la hipoteca

Las tarifas de origen de la hipoteca para CF Bankshares Inc. en 2023 totalizaron $ 3.6 millones, con la siguiente distribución:

• Tarifas de origen de hipoteca residencial: $ 2.8 millones
• Tarifas de origen de hipoteca comercial: $ 800,000

Cargos por servicio de cuentas

Los cargos de servicio de cuentas generaron $ 7.2 millones en ingresos para el banco en 2023:

Tipo de cuenta	Ingresos de carga de servicio ($)
Cuentas corrientes	4,350,000
Cuentas de ahorro	1,850,000
Cuentas comerciales	1,000,000

Ventas de productos de inversión

Los ingresos por ventas de productos de inversión para 2023 alcanzaron $ 5.4 millones:

• Ventas de fondos mutuos: $ 2.1 millones
• Gestión de cuentas de jubilación: $ 1.9 millones
• Servicios de gestión de patrimonio: $ 1.4 millones

Tarifas de transacción bancaria digital

Las tarifas de transacción bancaria digital para CF Bankshares Inc. en 2023 ascendieron a $ 2.8 millones:

Servicio digital	Ingresos de la tarifa de transacción ($)
Transacciones bancarias en línea	1,200,000
Transacciones bancarias móviles	1,000,000
Tarifas de transacción de cajeros automáticos	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.