CF Bankshares Inc. (CFBK): Modelo de negócios Canvas [Jan-2025 Atualizado]

No cenário dinâmico do setor bancário regional, a CF Bankshares Inc. (CFBK) surge como um estudo de caso convincente da inovação financeira estratégica. Aninhado no coração de Ohio e Pensilvânia, essa instituição cria um modelo de negócios sofisticado que combina perfeitamente os princípios bancários comunitários tradicionais com a transformação digital de ponta. Ao alinhar meticulosamente as idéias do mercado local com serviços financeiros abrangentes, o CFBK demonstra como um banco regional pode criar proposições de valor distintas que ressoam profundamente com pequenas empresas, clientes individuais e organizações comunitárias.

CF Bankshares Inc. (CFBK) - Modelo de negócios: Parcerias -chave

Associações comerciais locais em Ohio e Pensilvânia

A CF Bankshares Inc. mantém parcerias estratégicas com as seguintes associações comerciais locais:

Nome da associação	Localização	Foco em parceria
Liga de Banqueiros de Ohio	Columbus, Ohio	Defesa regulatória e networking
Associação de Banqueiros Comunitários da Pensilvânia	Harrisburg, Pensilvânia	Desenvolvimento de negócios e suporte de conformidade

Provedores de serviços financeiros regionais

As principais parcerias regionais de serviço financeiro incluem:

• Primeiro Banco Nacional da Pensilvânia
• Northwest Bank
• S&T Bank

Redes de investimento comunitário

Rede	Valor do investimento	Área de foco
Rede de Capital Comunitário de Ohio	US $ 2,3 milhões	Empréstimos para pequenas empresas
Consórcio de Desenvolvimento Econômico da Pensilvânia	US $ 1,7 milhão	Crescimento econômico regional

Fornecedores de tecnologia para software bancário

Detalhes da parceria de tecnologia:

• Jack Henry & Associados - Plataforma Bancária Core
• FISERV - Soluções bancárias digitais
• Microsoft Azure - Infraestrutura em nuvem

Parceiros de garantia de seguros e empréstimos

Parceiro	Tipo de garantia	Quantidade de cobertura
Fdic	Seguro de depósito	Até US $ 250.000 por depositante
Administração de pequenas empresas	Garantias de empréstimo	Até 85% do valor do empréstimo

CF Bankshares Inc. (CFBK) - Modelo de negócios: Atividades -chave

Serviços bancários comerciais e de varejo

A partir do quarto trimestre de 2023, a CF Bankshares Inc. registrou ativos totais de US $ 1,47 bilhão. O banco oferece serviços bancários comerciais e de varejo com as seguintes métricas importantes:

Categoria de serviço	Volume total	Valor médio da transação
Empréstimos comerciais	US $ 412 milhões	$587,000
Contas bancárias de varejo	37.542 contas	US $ 24.300 por conta

Empréstimos e originação hipotecária

Atividades de empréstimos hipotecários da CF Bankshares Inc. em 2023 incluídos:

• Volume total de originação hipotecária: US $ 276 milhões
• Empréstimos residenciais de hipoteca: 1.842 novos empréstimos
• Tamanho médio do empréstimo hipotecário: US $ 149.700

Gerenciamento de conta de depósito

Estatísticas da conta de depósito para CF Bankshares Inc.:

Tipo de conta	Total de depósitos	Número de contas
Contas de verificação	US $ 624 milhões	28,341
Contas de poupança	US $ 412 milhões	19,287

Desenvolvimento da plataforma bancária digital

Investimentos e métricas da plataforma bancária digital:

• Usuários do Banco Digital: 26.743
• Transações bancárias móveis por mês: 487.000
• Investimento de plataforma bancária on -line em 2023: US $ 2,1 milhões

Serviços de Consultoria Financeira Comunitária

Desempenho do serviço de consultoria financeira:

Categoria de serviço	Total de clientes	Receita gerada
Gestão de patrimônio	2.341 clientes	US $ 7,2 milhões
Aviso de investimento	1.876 clientes	US $ 4,9 milhões

CF Bankshares Inc. (CFBK) - Modelo de negócios: Recursos -chave

Rede de agência bancária física

A partir do quarto trimestre 2023, a CF Bankshares Inc. opera 12 agências bancárias físicas localizadas em Ohio e Pensilvânia.

Estado	Número de ramificações
Ohio	8
Pensilvânia	4

Equipe Profissional Financeiro treinado

Contagem total de funcionários em 31 de dezembro de 2023: 156 funcionários

• Anos médios de experiência bancária: 8,4 anos
• Porcentagem com certificações financeiras avançadas: 42%

Infraestrutura de tecnologia bancária digital

Recurso de tecnologia	Especificação
Plataforma bancária online	Sistema baseado em nuvem com autenticação multifator
Aplicativo bancário móvel	Disponível em plataformas iOS e Android

Reputação do mercado local

Foco bancário comunitário com US $ 487,3 milhões no total de ativos em 31 de dezembro de 2023.

Sistemas de conformidade regulatória e gerenciamento de riscos

• Equipe de conformidade: 6 profissionais dedicados
• Horário anual de treinamento de conformidade por funcionário: 24
• Classificação do exame regulatório: satisfatório

CF Bankshares Inc. (CFBK) - Modelo de negócios: proposições de valor

Experiência bancária personalizada para comunidades locais

A partir do quarto trimestre de 2023, a CF Bankshares Inc. atende 12 municípios com 14 locais de agências de serviço completo. Total de ativos bancários comunitários: US $ 1,47 bilhão.

Cobertura geográfica	Filiais totais	Ativos bancários comunitários
12 municípios	14 ramos	US $ 1,47 bilhão

Taxas de juros competitivas em empréstimos e depósitos

Taxas de juros médias para os principais produtos financeiros em janeiro de 2024:

Tipo de produto	Taxa de juro
Contas de poupança pessoal	3.25%
Verificação de negócios	2.85%
Empréstimos comerciais	7.50%

Atendimento ao cliente responsivo

Métricas de atendimento ao cliente para 2023:

• Tempo médio de resposta: 12 minutos
• Classificação de satisfação do cliente: 4.7/5
• Canais de suporte digital: 3 (telefone, e -mail, bate -papo online)

Opções bancárias digitais e físicas convenientes

Estatísticas bancárias digitais para 2023:

• Usuários bancários móveis: 42.500
• Volume de transações online: 1,2 milhão de transações
• Plataforma bancária digital tempo de atividade: 99,98%

Soluções financeiras personalizadas para pequenas empresas

Produto para pequenas empresas	Empréstimos totais emitidos	Valor médio do empréstimo
Empréstimos para pequenas empresas	US $ 87,3 milhões	$124,500
Linha de crédito comercial	US $ 45,6 milhões	$76,200

CF Bankshares Inc. (CFBK) - Modelo de Negócios: Relacionamentos do Cliente

Interações presenciais nas filiais locais

A partir de 2024, a CF Bankshares Inc. mantém 12 localizações de filiais físicas em sua região operacional. Interações diárias da filial diária: 47 por filial.

Tipo de ramificação	Número de ramificações	Tráfego diário médio do cliente
Filas de varejo	9	38 clientes
Centros bancários de negócios	3	62 clientes

Canais de suporte ao cliente digital

Métricas de suporte digital para a CF Bankshares Inc. em 2024:

• Usuários de aplicativos bancários móveis: 24.567
• Usuários da plataforma bancária on -line: 36.245
• Tempo médio de resposta ao cliente digital: 17 minutos
• Taxa de resolução de bate -papo de atendimento ao cliente: 82%

Consultoria financeira personalizada

Consultores financeiros dedicados: 16

Serviço de consultoria	Interações médias do cliente por mês	Tamanho médio do portfólio
Consulta bancária pessoal	42	$275,000
Planejamento financeiro de negócios	23	$1,250,000

Programas de envolvimento da comunidade

Estatísticas de interação da comunidade:

• Eventos comunitários locais patrocinados: 24 anualmente
• Investimento Comunitário Total: US $ 187.500 em 2024
• Oficinas de alfabetização financeira realizadas: 18

Abordagem bancária de lealdade e relacionamento

Métricas de retenção e lealdade de clientes:

Métrica do Programa de Fidelidade	2024 dados
Taxa de retenção de clientes	87.3%
Duração média do relacionamento do cliente	7,2 anos
Associação do programa de fidelidade	16.542 membros

CF Bankshares Inc. (CFBK) - Modelo de Negócios: Canais

Rede de agência bancária física

A partir de 2024, a CF Bankshares Inc. opera 12 agências bancárias físicas em Maryland. Os locais da filial estão concentrados em:

Região	Número de ramificações
Área Metropolitana de Baltimore	7
Costa oriental	3
Central Maryland	2

Plataforma bancária online

A plataforma bancária on -line fornece Acesso digital 24/7 Com os seguintes recursos:

• Rastreamento do saldo da conta
• Transferências de fundos
• Serviços de pagamento da conta
• Declarações eletrônicas

Aplicativo bancário móvel

Estatísticas bancárias móveis para CF Bankshares Inc.:

Métrica	2024 dados
Downloads de aplicativos móveis totais	38,500
Usuários ativos mensais	22,750
Volume de transação móvel	US $ 42,3 milhões

Serviços bancários telefônicos

Detalhes de suporte bancário por telefone:

• Horário de operação: 8:00 - 20:00 EST
• Representantes de atendimento ao cliente: 15
• Tempo médio de espera de chamada: 3,2 minutos

Rede ATM

CF Bankshares Inc. Configuração da rede ATM:

Tipo de atm	Número total	Tipo de localização
Caixas eletrônicos de propriedade de bancos	18	Locais da filial
Caixas eletrônicos de rede compartilhada	45	Locais de parceiros
Pontos de acesso a caixas eletrônicos totais	63	Rede combinada

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

Empresas pequenas e médias locais

A partir do quarto trimestre de 2023, o CF Bankshares atende a aproximadamente 1.247 clientes comerciais pequenos e médios em suas principais regiões de mercado.

Segmento de negócios	Número de clientes	Tamanho médio do empréstimo
Negócios de varejo	532	$275,000
Negócios do setor de serviços	415	$340,000
Empresas de manufatura	300	$485,000

Clientes bancários de varejo individuais

Total de clientes de banco de varejo individuais: 38.642 em 31 de dezembro de 2023.

• Contas de corrente pessoal: 22.145
• Contas de poupança pessoal: 16.497
• Faixa média de idade do cliente: 35-55 anos

Empresas comerciais locais

Portfólio de clientes comerciais: 214 clientes comerciais ativos com portfólio total de empréstimos comerciais de US $ 127,3 milhões em 2023.

Tipo de empresa	Número de clientes	Volume total de empréstimos
Promotores imobiliários	42	US $ 37,6 milhões
Serviços profissionais	86	US $ 45,2 milhões
Provedores de saúde	53	US $ 29,5 milhões
Outras entidades comerciais	33	US $ 15 milhões

Buscadores de hipotecas residenciais

Base de clientes hipotecários: 2.876 contas hipotecárias ativas com empréstimos hipotecários totais de US $ 412,7 milhões em 2023.

• Compradores de casa pela primeira vez: 687 contas
• REFINANCANDO CLIENTES: 1.142 contas
• Hipotecas de propriedade de investimento: 347 contas
• Tamanho médio do empréstimo hipotecário: US $ 143.500

Organizações comunitárias

Parcerias da Organização Comunitária: 87 relações ativas com investimentos totais de desenvolvimento comunitário de US $ 3,2 milhões em 2023.

Tipo de organização	Número de parcerias	Valor do investimento
Organizações sem fins lucrativos	42	US $ 1,5 milhão
Instituições educacionais	22	$850,000
Iniciativas do governo local	23	$850,000

CF Bankshares Inc. (CFBK) - Modelo de negócios: estrutura de custos

Salários e benefícios dos funcionários

Total de compensação dos funcionários para a CF Bankshares Inc. em 2023: US $ 14.237.000

Categoria	Valor ($)
Salários da base	9,845,000
Benefícios	3,672,000
Bônus de desempenho	720,000

Despesas operacionais de ramificação

Custos operacionais anuais da filial: US $ 5.612.000

• Aluguel e utilitários: US $ 2.345.000
• Manutenção: US $ 987.000
• Suprimentos de escritório: US $ 456.000
• Seguro: US $ 824.000

Manutenção de tecnologia e infraestrutura

Investimento de tecnologia total em 2023: US $ 3.456.000

Categoria de despesa de tecnologia	Valor ($)
Infraestrutura de TI	1,845,000
Licenças de software	672,000
Segurança cibernética	939,000

Custos de conformidade regulatória

Despesas anuais de conformidade regulatória: US $ 2.134.000

• Consultas legais: US $ 621.000
• Taxas de auditoria: US $ 875.000
• Treinamento de conformidade: US $ 338.000
• Sistemas de relatórios: US $ 300.000

Despesas de marketing e aquisição de clientes

Despesas totais de marketing para 2023: US $ 1.287.000

Canal de marketing	Valor ($)
Marketing digital	487,000
Publicidade tradicional	356,000
Patrocínio da comunidade	224,000
Programas de aquisição de clientes	220,000

CF Bankshares Inc. (CFBK) - Modelo de negócios: fluxos de receita

Receita de juros de empréstimos

Para o ano fiscal de 2023, a CF Bankshares Inc. registrou receita total de juros de US $ 54,3 milhões. A repartição da receita de juros do empréstimo é a seguinte:

Categoria de empréstimo	Receita de juros ($)
Empréstimos comerciais	22,750,000
Empréstimos hipotecários residenciais	18,620,000
Empréstimos ao consumidor	13,930,000

Taxas de originação hipotecária

As taxas de originação hipotecária da CF Bankshares Inc. em 2023 totalizaram US $ 3,6 milhões, com a seguinte distribuição:

• Taxas de originação de hipotecas residenciais: US $ 2,8 milhões
• Taxas de originação de hipotecas comerciais: US $ 800.000

Cobranças de serviço da conta

As cobranças de serviço de conta geraram US $ 7,2 milhões em receita para o banco em 2023:

Tipo de conta	Receita de cobrança de serviço ($)
Contas de verificação	4,350,000
Contas de poupança	1,850,000
Contas de negócios	1,000,000

Vendas de produtos de investimento

A receita de vendas de produtos de investimento para 2023 atingiu US $ 5,4 milhões:

• Vendas de fundos mútuos: US $ 2,1 milhões
• Gerenciamento de contas de aposentadoria: US $ 1,9 milhão
• Serviços de gerenciamento de patrimônio: US $ 1,4 milhão

Taxas de transação bancária digital

As taxas de transação bancária digital da CF Bankshares Inc. em 2023 totalizaram US $ 2,8 milhões:

Serviço digital	Receita de taxa de transação ($)
Transações bancárias online	1,200,000
Transações bancárias móveis	1,000,000
Taxas de transação 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.