ADDED
(Exact name of Registrant as specified in its Charter) Delaware 34-1877137 (State or other jurisdiction of incorporation or organization) (I.R.S.
As of March 10, 2026, there were 6,434,002 s hares of the registrant s (Voting) Common Stock outstanding and 76,700 shares of the registrant s Non-Voting Common Stock outstanding.
Changes in and Disagreements With Accountants on Accounting and Financial Disclosure 102 Item 9A.
Effective as of December 1, 2016 and in conjunction with the conversion of CFBank to a national bank, the Holding Company became a registered bank holding company subject to regulation and supervision by the Board of Governors of the Federal Reserve System (the FRB ).
At December 31, 2025, the Company s assets totaled $2.1 billion and stockholders equity totaled $184.4 million.
Our revenues are derived principally from the generation of interest and fees on loans originated and noninterest income generated on the sale of loans.
At December 31, 2025, gross loans receivable totaled $1.8 billion and increased approximately $17.0 million, or 1.0%, from $1.7 billion at December 31, 2024.
Commercial, commercial real estate and multi-family mortgage loans, including related construction loans, totaled $1.3 billion in the aggregate and represented 72.1% of the gross loan portfolio at December 31, 2025, as compared to 69.1% of the gross loan portfolio at December 31, 2024.
Commercial, commercial real estate and multi-family mortgage loan balances, including related construction loans, increased $63.4 million, or 5.3%, during 2025.
Portfolio single-family residential mortgage loans, including related construction loans, totaled $445.1 million and represented 25.3% of total gross loans at year-end 2025, compared to 28.4% at year-end 2024.
REMOVED
(Exact name of registrant as specified in its charter) Delaware 34-1877137 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 4960 E.
As of March 10, 2025, there were 5,136,634 shares of the registrant s (Voting) Common Stock outstanding and 1,260,700 shares of the registrant s Non-Voting Common Stock outstanding.
Changes in and Disagreements With Accountants on Accounting and Financial Disclosure 104 Item 9A .
As a financial holding company, we are subject to regulation by the Board of Governors of the Federal Reserve System (the FRB ).
At December 31, 2024, the Company s assets totaled $2.1 billion and stockholders equity totaled $168.4 million.
Our primary sources of funds are retail and business deposit accounts and certificates of deposit, brokered certificates of deposit and, to a lesser extent, principal and interest payments on loans and securities, Federal Home Loan Bank ( FHLB ) advances, other borrowings and proceeds from the sale of loans.
At December 31, 2024, gross loans receivable totaled $1.7 billion and increased approximately $28.5 million, or 1.7%, from $1.7 billion at December 31, 2023.
Commercial, commercial real estate and multi-family mortgage loans, including related construction loans, totaled $1.2 billion in the aggregate and represented 69.1% of the gross loan portfolio at December 31, 2024, as compared to 68.4% of the gross loan portfolio at December 31, 2023.
Commercial, commercial real estate and multi-family mortgage loan balances, including related construction loans, increased $32.9 million, or 2.8%, during 2024.
Portfolio single-family residential mortgage loans, including related construction loans, totaled $494.2 million and represented 28.4% of total gross loans at year-end 2024, compared to 29.4% at year-end 2023.