CF Bankshares Inc. (CFBK): Business Model Canvas [Jan-2025 Mis à jour]

Dans le paysage dynamique de la banque régionale, CF Bankshares Inc. (CFBK) apparaît comme une étude de cas convaincante de l'innovation financière stratégique. Niché au cœur de l'Ohio et de la Pennsylvanie, cette institution élabore un modèle commercial sophistiqué qui mélange de manière transparente les principes bancaires communautaires traditionnels avec une transformation numérique de pointe. En alignant méticuleusement les informations du marché local avec des services financiers complets, CFBK montre comment une banque régionale peut créer des propositions de valeur distinctes qui résonnent profondément avec les petites entreprises, les clients individuels et les organisations communautaires.

CF Bankshares Inc. (CFBK) - Modèle d'entreprise: partenariats clés

Associations d'entreprises locales en Ohio et en Pennsylvanie

CF Bankshares Inc. maintient des partenariats stratégiques avec les associations commerciales locales suivantes:

Nom d'association	Emplacement	Focus de partenariat
Ohio Bankers League	Columbus, Ohio	Plaidoyer et réseautage réglementaires
PENNSYLVANIA Association des banquiers communautaires	Harrisburg, Pennsylvanie	Soutenir le développement des entreprises et la conformité

Fournisseurs de services financiers régionaux

Les principaux partenariats de services financiers régionaux comprennent:

• Première Banque nationale de Pennsylvanie
• Rive nord-ouest
• Banque S&T

Réseaux d'investissement communautaire

Réseau	Montant d'investissement	Domaine de mise au point
Ohio Community Capital Network	2,3 millions de dollars	Prêts aux petites entreprises
Consortium de développement économique de Pennsylvanie	1,7 million de dollars	Croissance économique régionale

Vendeurs technologiques pour les logiciels bancaires

Détails du partenariat technologique:

• Jack Henry & Associés - Plateforme bancaire de base
• Fiserv - Solutions bancaires numériques
• Microsoft Azure - Infrastructure cloud

Partenaires de garantie d'assurance et de prêt

Partenaire	Type de garantie	Montant de la couverture
FDIC	Assurance contre les dépôts	Jusqu'à 250 000 $ par déposant
Administration des petites entreprises	Garanties de prêt	Jusqu'à 85% de la valeur du prêt

CF Bankshares Inc. (CFBK) - Modèle d'entreprise: Activités clés

Services bancaires commerciaux et de détail

Au quatrième trimestre 2023, CF Bankshares Inc. a déclaré un actif total de 1,47 milliard de dollars. La banque propose des services bancaires commerciaux et de détail avec les mesures clés suivantes:

Catégorie de service	Volume total	Valeur de transaction moyenne
Prêts commerciaux	412 millions de dollars	$587,000
Comptes bancaires de détail	37 542 comptes	24 300 $ par compte

Prêts hypothécaires et origine

Les activités de prêt hypothécaire pour CF Bankshares Inc. en 2023 comprenaient:

• Volume total d'origine hypothécaire: 276 millions de dollars
• Prêts hypothécaires résidentiels: 1 842 nouveaux prêts
• Taille moyenne du prêt hypothécaire: 149 700 $

Gestion des comptes de dépôt

Statistiques du compte de dépôt pour CF Bankshares Inc .:

Type de compte	Dépôts totaux	Nombre de comptes
Comptes chèques	624 millions de dollars	28,341
Comptes d'épargne	412 millions de dollars	19,287

Développement de la plate-forme bancaire numérique

Investissements et mesures de plateforme bancaire numérique:

• Utilisateurs de la banque numérique: 26 743
• Transactions bancaires mobiles par mois: 487 000
• Investissement de plateforme bancaire en ligne en 2023: 2,1 millions de dollars

Services de conseil financier communautaire

Performance du service de conseil financier:

Catégorie de service	Total des clients	Revenus générés
Gestion de la richesse	2 341 clients	7,2 millions de dollars
Avis d'investissement	1 876 clients	4,9 millions de dollars

CF Bankshares Inc. (CFBK) - Modèle d'entreprise: Ressources clés

Réseau de succursale bancaire physique

Au quatrième trimestre 2023, CF Bankshares Inc. exploite 12 succursales bancaires physiques situées dans l'Ohio et la Pennsylvanie.

État	Nombre de branches
Ohio	8
Pennsylvanie	4

Personnel professionnel financier formé

Le total des employés compte au 31 décembre 2023: 156 employés

• Années moyennes d'expérience bancaire: 8,4 ans
• Pourcentage avec certifications financières avancées: 42%

Infrastructure de technologie bancaire numérique

Ressource technologique	Spécification
Plateforme bancaire en ligne	Système basé sur le cloud avec authentification multi-facteurs
Application bancaire mobile	Disponible sur les plateformes iOS et Android

Réputation du marché local

Banque communautaire se concentre avec 487,3 millions de dollars dans le total des actifs au 31 décembre 2023.

Systèmes de conformité réglementaire et de gestion des risques

• Personnel de conformité: 6 professionnels dévoués
• Heures de formation annuelle de conformité par employé: 24
• Évaluation de l'examen réglementaire: satisfaisant

CF Bankshares Inc. (CFBK) - Modèle d'entreprise: propositions de valeur

Expérience bancaire personnalisée pour les communautés locales

Au quatrième trimestre 2023, CF Bankshares Inc. dessert 12 comtés avec 14 succursales à service complet. Total des actifs bancaires communautaires: 1,47 milliard de dollars.

Couverture géographique	Total des succursales	Actifs bancaires communautaires
12 comtés	14 branches	1,47 milliard de dollars

Taux d'intérêt concurrentiels sur les prêts et les dépôts

Taux d'intérêt moyens pour les principaux produits financiers en janvier 2024:

Type de produit	Taux d'intérêt
Comptes d'épargne personnels	3.25%
Vérification des affaires	2.85%
Prêts commerciaux	7.50%

Service client réactif

Métriques du service client pour 2023:

• Temps de réponse moyen: 12 minutes
• Évaluation de satisfaction du client: 4.7 / 5
• Channeaux de support numérique: 3 (téléphone, e-mail, chat en ligne)

Options de banque numérique et physique pratique

Statistiques de la banque numérique pour 2023:

• Utilisateurs de la banque mobile: 42 500
• Volume de transaction en ligne: 1,2 million de transactions
• Plate-forme bancaire numérique Affiche: 99,98%

Solutions financières sur mesure pour les petites entreprises

Produit de petite entreprise	Prêts totaux délivrés	Montant moyen du prêt
Prêts aux petites entreprises	87,3 millions de dollars	$124,500
Secteur de crédit commercial	45,6 millions de dollars	$76,200

CF Bankshares Inc. (CFBK) - Modèle d'entreprise: relations avec les clients

Interactions en face à face dans les succursales locales

En 2024, CF Bankshares Inc. maintient 12 succursales physiques dans sa région opérationnelle. Interactions moyennes du client de la succursale quotidienne: 47 par succursale.

Type de succursale	Nombre de branches	Trafic client quotidien moyen
Succursales de détail	9	38 clients
Centres bancaires d'entreprise	3	62 clients

Canaux de support client numérique

Métriques de support numérique pour CF Bankshares Inc. en 2024:

• Utilisateurs d'applications bancaires mobiles: 24 567
• Utilisateurs de la plate-forme bancaire en ligne: 36 245
• Temps de réponse du support client numérique moyen: 17 minutes
• Taux de résolution de chat du service client: 82%

Conseil financier personnalisé

Conseillers financiers dédiés: 16

Service de conseil	Interactions moyennes du client par mois	Taille moyenne du portefeuille
Consultation bancaire personnelle	42	$275,000
Planification financière des entreprises	23	$1,250,000

Programmes d'engagement communautaire

Statistiques d'interaction communautaire:

• Événements communautaires locaux parrainés: 24 par an
• Investissement total communautaire: 187 500 $ en 2024
• Ateliers de littératie financière menés: 18

Approche de la fidélité et de la banque des relations

Rétention de la clientèle et métriques de fidélité:

Métrique du programme de fidélité	2024 données
Taux de rétention de la clientèle	87.3%
Durée moyenne de la relation client	7,2 ans
Adhésion au programme de fidélité	16 542 membres

CF Bankshares Inc. (CFBK) - Modèle d'entreprise: canaux

Réseau de succursale bancaire physique

En 2024, CF Bankshares Inc. exploite 12 succursales bancaires physiques à travers le Maryland. Les emplacements des succursales sont concentrés dans:

Région	Nombre de branches
Région métropolitaine de Baltimore	7
Rivage oriental	3
Central Maryland	2

Plateforme bancaire en ligne

La plateforme bancaire en ligne fournit Accès numérique 24/7 avec les fonctionnalités suivantes:

• Suivi du solde du compte
• Transferts de fonds
• Services de paiement de factures
• Déclarations électroniques

Application bancaire mobile

Statistiques des banques mobiles pour CF Bankshares Inc .:

Métrique	2024 données
Téléchargements totaux d'applications mobiles	38,500
Utilisateurs actifs mensuels	22,750
Volume de transaction mobile	42,3 millions de dollars

Services bancaires téléphoniques

Détails du support bancaire téléphonique:

• Heures de fonctionnement: 8h00 à 20h00 HNE
• Représentants du service à la clientèle: 15
• Temps d'attente d'appel moyen: 3,2 minutes

Réseau ATM

CF Bankshares Inc. Configuration du réseau ATM:

Type de guichet automatique	Nombre total	Type d'emplacement
ATM appartenant à des banques	18	Succursales
ATM du réseau partagé	45	Emplacements partenaires
Points d'accès ATM total	63	Réseau combiné

CF Bankshares Inc. (CFBK) - Modèle d'entreprise: segments de clientèle

Entreprises locales petites et moyennes

Au quatrième trimestre 2023, CF Bankshares dessert environ 1 247 clients commerciaux de petite à moyenne taille dans ses principales régions du marché.

Segment d'entreprise	Nombre de clients	Taille moyenne du prêt
Commerces de détail	532	$275,000
Entreprises du secteur des services	415	$340,000
Entreprises manufacturières	300	$485,000

Clients bancaires de détail individuels

Total des clients de la banque de détail individuels: 38 642 au 31 décembre 2023.

• Comptes de chèques personnels: 22 145
• Comptes d'épargne personnels: 16 497
• Tranche d'âge du client moyen: 35 à 55 ans

Entreprises commerciales locales

Portefeuille de clients commerciaux: 214 clients commerciaux actifs avec un portefeuille de prêt commercial total de 127,3 millions de dollars en 2023.

Type d'entreprise	Nombre de clients	Volume total de prêt
Promoteurs immobiliers	42	37,6 millions de dollars
Services professionnels	86	45,2 millions de dollars
Fournisseurs de soins de santé	53	29,5 millions de dollars
Autres entités commerciales	33	15 millions de dollars

Demandeurs de prêts hypothécaires résidentiels

Base de clientèle hypothécaire: 2 876 comptes hypothécaires actifs avec des prêts hypothécaires totaux de 412,7 millions de dollars en 2023.

• Acheteurs de la première maison: 687 comptes
• Recinancement des clients: 1 142 comptes
• Hypothèques de propriété de placement: 347 comptes
• Taille moyenne du prêt hypothécaire: 143 500 $

Organisations communautaires

Partenariats de l'organisation communautaire: 87 relations actives avec les investissements totaux de développement communautaire de 3,2 millions de dollars en 2023.

Type d'organisation	Nombre de partenariats	Montant d'investissement
Organisations à but non lucratif	42	1,5 million de dollars
Établissements d'enseignement	22	$850,000
Initiatives du gouvernement local	23	$850,000

CF Bankshares Inc. (CFBK) - Modèle d'entreprise: Structure des coûts

Salaires et avantages sociaux des employés

Compensation totale des employés pour CF Bankshares Inc. en 2023: 14 237 000 $

Catégorie	Montant ($)
Salaires de base	9,845,000
Avantages	3,672,000
Bonus de performance	720,000

Succursale des dépenses opérationnelles

Coûts d'exploitation annuels: 5 612 000 $

• Loyer et services publics: 2 345 000 $
• Entretien: 987 000 $
• Fournitures de bureau: 456 000 $
• Assurance: 824 000 $

Maintenance de technologie et d'infrastructure

Investissement total technologique en 2023: 3 456 000 $

Catégorie de dépenses technologiques	Montant ($)
Infrastructure informatique	1,845,000
Licences logicielles	672,000
Cybersécurité	939,000

Coûts de conformité réglementaire

Dépenses annuelles de conformité réglementaire: 2 134 000 $

• Consultations juridiques: 621 000 $
• Frais d'audit: 875 000 $
• Formation en conformité: 338 000 $
• Systèmes de rapport: 300 000 $

Frais de marketing et d'acquisition des clients

Total des dépenses de marketing pour 2023: 1 287 000 $

Canal de marketing	Montant ($)
Marketing numérique	487,000
Publicité traditionnelle	356,000
Parrainages communautaires	224,000
Programmes d'acquisition de clients	220,000

CF Bankshares Inc. (CFBK) - Modèle d'entreprise: Strots de revenus

Intérêt des prêts

Pour l'exercice 2023, CF Bankshares Inc. a déclaré un revenu total d'intérêts de 54,3 millions de dollars. La rupture des revenus des intérêts du prêt est la suivante:

Catégorie de prêt	Revenu des intérêts ($)
Prêts commerciaux	22,750,000
Prêts hypothécaires résidentiels	18,620,000
Prêts à la consommation	13,930,000

Frais d'origine hypothécaire

Les frais d'origine hypothécaire pour CF Bankshares Inc. en 2023 ont totalisé 3,6 millions de dollars, la distribution suivante:

• Frais d'origine hypothécaire résidentiels: 2,8 millions de dollars
• Frais d'origine hypothécaire commerciale: 800 000 $

Frais de service de compte

Les frais de service de compte ont généré 7,2 millions de dollars de revenus pour la banque en 2023:

Type de compte	Revenus de frais de service ($)
Comptes chèques	4,350,000
Comptes d'épargne	1,850,000
Comptes d'entreprise	1,000,000

Ventes de produits d'investissement

Les revenus de vente de produits d'investissement pour 2023 ont atteint 5,4 millions de dollars:

• Ventes de fonds communs de placement: 2,1 millions de dollars
• Gestion des comptes de retraite: 1,9 million de dollars
• Services de gestion de la patrimoine: 1,4 million de dollars

Frais de transaction bancaire numérique

Les frais de transaction bancaire numérique pour CF Bankshares Inc. en 2023 s'élevaient à 2,8 millions de dollars:

Service numérique	Revenus sur les frais de transaction ($)
Transactions bancaires en ligne	1,200,000
Transactions bancaires mobiles	1,000,000
Frais de transaction ATM	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.