Filing Analysis
CF Bankshares Inc. filed an 8-K to announce its financial results for the second quarter ended June 30, 2026. The filing serves as a formal announcement of the earnings release issued on July 28, 2026.
📋 Key Facts
- Reporting period: Second Quarter ended June 30, 2026.
- Filing date: July 28, 2026.
- The company released its earnings via a press release (Exhibit 99.1).
- Signed by Kevin J. Beerman, EVP and CFO.
CF Bankshares Inc. reported the results of its Annual Meeting of Stockholders held on May 27, 2026, where directors were elected and executive compensation and auditor ratification were approved.
📋 Key Facts
- Annual Meeting held on May 27, 2026
- 6,422,917 shares of Voting Common Stock were outstanding and entitled to vote as of April 2, 2026
- 4,584,467 shares were represented at the meeting
- Robert E. Hoeweler and Bradley J. Ringwald were elected as directors for three-year terms expiring in 2029
- Non-binding advisory resolution on executive compensation (Proposal 2) was approved
- Plante & Moran PLLC was ratified as the independent registered public accounting firm for fiscal year 2026
CF Bankshares Inc. filed an 8-K to furnish presentation slides from its Annual Meeting of Stockholders held on May 27, 2026.
📋 Key Facts
- The filing is dated May 27, 2026.
- The purpose is to provide slides associated with the Annual Meeting of Stockholders.
- The slides are included as Exhibit 99.
CF Bankshares Inc. announced its financial results for the first quarter ended March 31, 2026. The disclosure was made via a press release filed as an exhibit to the 8-K under Item 2.02.
📋 Key Facts
- The filing reports financial results for the first quarter ended March 31, 2026.
- The report was filed on May 5, 2026.
- The filing includes Exhibit 99.1, which is the press release containing the earnings details.
- The report was signed by Kevin J. Beerman, Executive Vice President and Chief Financial Officer.
CF Bankshares Inc. has mailed its Proxy Statement and 2025 Annual Report to stockholders in preparation for its Annual Meeting on May 27, 2026. The filing includes a furnished letter to stockholders discussing the company's 2025 financial results and its outlook for 2026.
📋 Key Facts
- The Annual Meeting of Stockholders is scheduled for May 27, 2026.
- The company mailed the Proxy Statement and 2025 Annual Report on or about April 24, 2026.
- A letter to stockholders addressing 2025 results and 2026 outlook was included as Exhibit 99.
- The information was furnished under Item 7.01 Regulation FD Disclosure.
CF Bankshares Inc. has appointed its current President, Bradley Ringwald, to the Board of Directors of both the Company and CFBank, effective March 25, 2026. Mr. Ringwald fills the vacancy created by the previous resignation of Sundeep Rana and will serve until the 2026 Annual Meeting of Stockholders.
📋 Key Facts
- Bradley Ringwald was appointed as a director on March 25, 2026.
- Mr. Ringwald has served as President of CFBank since October 2022 and was previously EVP and Chief Commercial Banking Officer.
- The appointment fills a vacancy left by the resignation of Sundeep Rana.
- Mr. Ringwald will serve in the class of directors with a term expiring at the 2026 Annual Meeting.
- No material related-party transactions were reported under Item 404(a), other than standard executive compensation and ordinary course banking transactions.
CF Bankshares Inc. filed an 8-K to announce its financial results for the fourth quarter and full year ended December 31, 2025. The filing serves as a formal announcement of the company's earnings release.
📋 Key Facts
- Report date: February 5, 2026
- Reporting period: Fourth quarter and fiscal year ended December 31, 2025
- The filing includes an Earnings Release as Exhibit 99.1
- Signed by Kevin J. Beerman, Executive Vice President and CFO
CF Bankshares Inc. has announced the extension of its existing stock repurchase program. The program, originally set to expire in January 2026, is now extended through August 15, 2026.
📋 Key Facts
- The Board of Directors approved the extension on December 17, 2025.
- The repurchase program authorizes up to 325,000 shares (approx. 5% of outstanding common stock).
- The original expiration date was January 31, 2026; the new expiration is August 15, 2026.
- To date, 54,644 shares have been repurchased under this program.
Sundeep Rana has resigned from the Board of Directors of CF Bankshares Inc., effective December 15, 2025. The resignation is a direct result of an institutional investor, Castle Creek Capital Partners VII, L.P., falling below a specific ownership threshold.
🚩 Red Flags
- Institutional investor (Castle Creek) has exited/reduced position below a significant threshold (4.9%), which may signal a change in institutional sentiment or capital structure shift.
📋 Key Facts
- Sundeep Rana resigned from the Board on December 15, 2025.
- Resignation was triggered by Castle Creek Capital Partners VII, L.P. ceasing to own at least 4.9% of the Company's outstanding common stock.
- Mr. Rana served on the Board since July 28, 2021.
- The resignation is not due to any disagreement with the Company regarding operations, policies, or practices.
CF Bankshares Inc. announced the termination of a Rule 10b5-1 trading plan previously established by CEO Timothy T. O’Dell. The plan, which was set to facilitate the sale of up to 40,000 shares through April 2026, was terminated without any shares having been sold.
🚩 Red Flags
- Sudden termination of a pre-set executive selling plan can sometimes signal internal uncertainty, though it is not inherently illegal or indicative of distress without further context.
📋 Key Facts
- CEO Timothy T. O’Dell terminated his Rule 10b5-1 trading plan on December 1, 2025.
- The original plan was adopted on September 4, 2025.
- The plan provided for the sale of up to 40,000 shares of CFBK common stock.
- The termination occurred prior to any actual sales being executed under the plan.
CF Bankshares Inc. filed an 8-K to announce its third quarter financial results for the period ended September 30, 2025. The filing serves as a formal notification of the earnings release issued on November 3, 2025.
📋 Key Facts
- Report date: November 3, 2025
- Reporting period: Third quarter ended September 30, 2025
- The filing includes an Earnings Release as Exhibit 99.1
- Signed by Kevin J. Beerman, Executive Vice President and Chief Financial Officer
CF Bankshares Inc. reported a change in the company's share capital structure due to the conversion of non-voting common stock into voting common stock.
📋 Key Facts
- As of September 26, 2025: 6,276,775 shares of Voting Common Stock and 167,000 shares of Non-Voting Common Stock were outstanding.
- Conversion event: 90,300 shares of Non-Voting Common Stock were converted into Voting Common Stock.
- As of October 3, 2025: 6,367,075 shares of Voting Common Stock and 76,700 shares of Non-Voting Common Stock are outstanding.
CF Bankshares Inc. reported a change in the composition of its outstanding shares due to the conversion of Non-Voting Common Stock into Voting Common Stock.
📋 Key Facts
- As of September 15, 2025: 6,036,775 shares of Voting Common Stock and 407,000 shares of Non-Voting Common Stock were outstanding.
- Between Sept 15 and Sept 26, 2025, 240,000 shares of Non-Voting Common Stock were converted into 240,000 shares of Voting Common Stock.
- As of September 26, 2025: 6,276,775 shares of Voting Common Stock and 167,000 shares of Non-Voting Common Stock are outstanding.
CF Bankshares Inc. provided an update regarding its share capital structure, specifically detailing changes in the outstanding number of Voting and Non-Voting Common Stock between August 4, 2025, and September 15, 2025.
📋 Key Facts
- As of Sept 15, 2025, there are 6,036,775 shares of Voting Common Stock outstanding (up from 5,772,207 as of Aug 4).
- As of Sept 15, 2025, there are 407,000 shares of Non-Voting Common Stock outstanding (down from 675,300 as of Aug 4).
- The change in Voting Common Stock was driven by the conversion of 268,300 shares of Non-Voting Common Stock into Voting Common Stock.
- Changes were partially offset by the purchase of 3,240 treasury shares and forfeitures of 492 restricted shares.
CF Bankshares Inc. filed an 8-K to announce the release of its financial results for the second quarter ended June 30, 2025. The filing serves as a formal notification that earnings data has been made public via an attached press release.
📋 Key Facts
- Reporting period: Second Quarter ended June 30, 2025.
- Filing date: August 4, 2025.
- The company issued a press release (Exhibit 99.1) containing the earnings results.
CF Bankshares Inc. reported the results of its Annual Meeting of Stockholders held on June 4, 2025. The meeting included the election of three directors and several advisory votes regarding executive compensation and auditor ratification.
📋 Key Facts
- Annual Meeting held on June 4, 2025; record date was April 10, 2025.
- Total outstanding shares entitled to vote: 5,216,059; total represented in person or by proxy: 4,050,359.
- Thomas P. Ash, James H. Frauenberg, and David L. Royer were elected as directors for three-year terms expiring in 2028.
- Proposal 2 (Say-on-Pay) was approved by a majority of votes cast.
- Proposal 3 (Frequency of Say-on-Pay votes) was approved to hold votes on an annual basis (1 year).
- Proposal 4 ratified the appointment of Plante & Moran PLCC as independent registered public accounting firm for FY2025.
CF Bankshares Inc. filed this 8-K to provide additional information, specifically presentation slides, in connection with its Annual Meeting of Stockholders held on June 4, 2025.
📋 Key Facts
- Annual Meeting of Stockholders was held virtually via live webcast on June 4, 2025, at 10:00 a.m. EDT.
- The filing includes presentation slides (Exhibit 99) furnished pursuant to Item 7.01.
- Signed by Kevin J. Beerman, EVP and CFO.
CF Bankshares Inc. filed an 8-K to announce its financial results for the first quarter ended March 31, 2025. The filing serves as a formal announcement of the company's quarterly earnings release.
📋 Key Facts
- Reporting period: First Quarter ended March 31, 2025.
- Report date: May 6, 2025.
- The filing includes an Earnings Release as Exhibit 99.1.
CF Bankshares Inc. has furnished its 2024 Annual Report to Shareholders and a Proxy Statement for the upcoming Annual Meeting of Stockholders scheduled for June 4, 2025.
📋 Key Facts
- Mailed Proxy Statement and 2024 Annual Report to stockholders on or about May 5, 2025.
- Annual Meeting of Stockholders is scheduled for June 4, 2025.
- The filing includes a letter to stockholders addressing 2024 results and the 2025 outlook (Exhibit 99).
CF Bankshares Inc. has announced the dismissal of its previous auditor, Forvis Mazars, LLP, and the engagement of Plante & Moran, PLLC as its new independent registered public accounting firm for the fiscal year ending December 31, 2025.
🚩 Red Flags
- Auditor change (though no disagreement was cited, changes in auditors can sometimes precede restatements or internal control issues).
📋 Key Facts
- Effective March 26, 2025, the Audit Committee approved the engagement of Plante Moran, PLLC.
- Forvis Mazars, LLP served as the independent auditor for fiscal years ended December 31, 2024 and 2023.
- The company notified Forvis Mazars of its dismissal on March 27, 2025.
- The previous auditor (Forvis Mazars) issued unqualified/unmodified opinions for the fiscal years 2023 and 2024.
- No disagreements regarding accounting principles, practices, or auditing scope were reported between the company and Forvis Mazars.
CF Bankshares Inc. filed an 8-K to announce its financial results for the fourth quarter and full fiscal year ended December 31, 2024.
📋 Key Facts
- Report date: February 12, 2025
- Reporting period: Fourth quarter and year ended December 31, 2024
- The filing includes an earnings release as Exhibit 99.1
- Signed by Kevin J. Beerman, EVP and CFO
CF Bankshares Inc. announced that its Board of Directors has authorized a new stock repurchase program. The company intends to repurchase up to 325,000 shares, representing approximately 5% of the total outstanding common stock.
📋 Key Facts
- Authorization date: January 29, 2025
- Maximum shares to be repurchased: 325,000 shares
- Percentage of outstanding common stock: approximately 5%
- Expiration/Deadline for program: On or before January 31, 2026
- Repurchase methods: Open market transactions and privately negotiated transactions
CF Bankshares Inc. filed an 8-K to announce its third quarter financial results for the period ended September 30, 2024. The filing serves as a formal announcement of the company's earnings release.
📋 Key Facts
- Report date: October 30, 2024
- Reporting period: Third quarter ended September 30, 2024
- The filing includes an Earnings Release as Exhibit 99.1
- Signed by Kevin J. Beerman, Executive Vice President and Chief Financial Officer
CF Bankshares Inc. filed an 8-K to announce its second quarter financial results for the period ended June 30, 2024.
📋 Key Facts
- The filing is a standard earnings release announcement (Item 2.02).
- Financial results pertain to the second quarter ended June 30, 2024.
- Earnings release issued on August 6, 2024, is included as Exhibit 99.1.
CF Bankshares Inc. filed an 8-K to announce amendments to the employment agreements of its CEO, Timothy T. O’Dell, and President, Bradley Ringwald. The amendments primarily adjust change-of-control severance calculations and bonus structures.
🚩 Red Flags
- Increased severance obligations for top executives in the event of a Change of Control (potential misalignment with shareholders if payouts are excessive).
📋 Key Facts
- Amended Timothy T. O’Dell's (CEO) agreement to include equity compensation in the calculation of lump sum cash payments upon a Change of Control.
- O’Dell's change-of-control payout is set at 2x his base salary plus average cash/equity bonuses from the preceding two fiscal years.
- Amended Bradley Ringwald's (President) agreement to increase the multiple for lump sum cash payments in a Change of Control scenario.
- Ringwald's change-of-control payout is set at 1.5x his base salary plus average annual bonus over the prior 24 months.
- O’Dell’s 2024 bonus opportunity was confirmed at 125% of his base salary.
CF Bankshares Inc. reported the results of its Annual Meeting of Stockholders held on May 29, 2024, and disclosed a conversion of preferred stock into common stock by an existing stockholder.
🚩 Red Flags
- None identified in this filing.
📋 Key Facts
- The Company issued 160 shares of non-voting convertible perpetual Series D Preferred Stock to an existing stockholder in exchange for 16,000 shares of voting Common Stock on May 29, 2024.
- The conversion ratio used was 100 shares of Common Stock for each share of Series D Preferred Stock.
- Edward W. Cochran and Timothy T. O’Dell were elected to the Board of Directors for three-year terms expiring in 2027.
- Stockholders approved a First Amendment to the 2019 Equity Incentive Plan, increasing reserved shares from 300,000 to 500,000.
- FORVIS, LLP was ratified as the independent registered public accounting firm for fiscal year 2024.
CF Bankshares Inc. filed an 8-K to announce its financial results for the first quarter ended March 31, 2024. The filing serves as a formal announcement of the company's quarterly earnings release.
📋 Key Facts
- Report date: May 7, 2024
- Reporting period: First Quarter ended March 31, 2024
- The filing includes an Earnings Release as Exhibit 99.1
- Company is listed on NASDAQ Capital Market under ticker CFBK
CF Bankshares Inc. is disclosing a 'Needs to Improve' Community Reinvestment Act (CRA) rating from the OCC for the 2020-2022 period. The company attributes this downgrade to its former direct-to-consumer mortgage business and outlines strategic initiatives to improve LMI (Low- and Moderate-Income) lending ahead of their 2026 evaluation.
🚩 Red Flags
- Regulatory rating downgrade ('Needs to Improve') can impede future M&A activity, branch expansions, or relocations as per OCC/Federal Reserve guidelines.
📋 Key Facts
- OCC assigned an overall CRA rating of 'Needs to Improve' for the 2020-2022 period.
- The rating included a 'Needs to Improve' under the lending test and 'Satisfactory' under the community development test.
- The company exited its direct-to-consumer (DTC) mortgage business in 2021, which was cited as a primary cause for the lower rating.
- LMI geography residential mortgage distribution improved from 11.23% in 2020 to 34.31% in 2023.
- The next OCC CRA performance evaluation is expected in 2026.
CF Bankshares Inc. filed an 8-K to announce its financial results for the fourth quarter and full year ended December 31, 2023.
📋 Key Facts
- Report date: February 7, 2024
- Reporting period: Fourth quarter and fiscal year ended December 31, 2023
- The filing serves as a vehicle to incorporate the company's earnings release (Exhibit 99.1) by reference.
CF Bankshares Inc. issued 2,000 shares of newly designated Series D non-voting convertible perpetual preferred stock to an existing stockholder in exchange for 200,000 shares of voting common stock. This action is intended to facilitate the company's ongoing stock repurchase program.
🚩 Red Flags
- Potential dilution: The conversion ratio of 1:100 for preferred to common shares represents a significant shift in equity structure, though it is intended to facilitate buybacks.
📋 Key Facts
- Issued 2,000 shares of Series D non-voting convertible perpetual preferred stock on February 6, 2024.
- The transaction was an exchange for 200,000 shares of (Voting) Common Stock from an existing stockholder.
- Series D Preferred Stock is designed to be exchanged with existing stockholders at a ratio of 1:100 (one preferred share for 100 common shares).
- The Series D stock has no voting rights and ranks pari passu with common stock regarding dividends and liquidation.
- The issuance was intended to accommodate and facilitate stock repurchases under the program announced on July 5, 2023.