CF Bankshares (CFBK) Registration Filing summary

Company overview and business model

• Registered bank holding company for CFBank, a boutique commercial bank operating in Columbus, Cleveland, Cincinnati, and Indianapolis, focusing on closely held businesses and entrepreneurs with commercial, retail, and mortgage lending services, including online and mobile banking.

• Revenues primarily from interest and fees on loans, with additional income from securities; funding sources include retail/business deposits, brokered deposits, loan and security payments, and borrowings.

• As of September 30, 2024, consolidated assets totaled $2.07 billion and stockholders' equity was $164.0 million.

Financial performance and metrics

• Consolidated assets: $2.07 billion as of September 30, 2024.

• Stockholders' equity: $164.0 million as of September 30, 2024.

Use of proceeds and capital allocation

• No proceeds will be received from the sale of Non-Voting Common Stock or Voting Common Stock by Selling Securityholders; all proceeds go to Selling Securityholders.