CF Bankshares Inc. (CFBK) Financial Statements (2023 and Earlier)

Company Profile

Business Address C/O CFBANK
WORTHINGTON, OH 43085
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1582274667455826
Cash and cash equivalents1532224667455826
Short-term investments55     
Disposal group, including discontinued operation      1
Total current assets:1582274667455827
Noncurrent Assets
Operating lease, right-of-use asset212
Property, plant and equipment6444434
Total noncurrent assets:8564434
Other undisclosed assets1,3301,245829594432375321
TOTAL ASSETS:1,4961,477881665481436351
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt   4 35
Total current liabilities:   4 35
Noncurrent Liabilities
Other undisclosed liabilities1,3701,367800616441394308
Total liabilities:1,3701,367800619441397313
Stockholders' equity
Stockholders' equity attributable to parent, including:1251108146403938
Preferred stock     00
Common stock 000000
Treasury stock, value(7)(4)(3)(3)(3)(3)(3)
Additional paid in capital89888762606060
Accumulated other comprehensive income (loss)(0)00(0)(0)0(0)
Retained earnings (accumulated deficit)4426(3)(13)(17)(18)(19)
Other undisclosed stockholders' equity attributable to parent00     
Total stockholders' equity:1251108146403938
TOTAL LIABILITIES AND EQUITY:1,4961,477881665481436351

Income Statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues521014627181513
Gain on disposition of assets for financial service operations 58112
Net investment income52423525171412
Cost of revenue (11)   (0)(0)
Provision for loan, lease, and other losses (11)  
Financial services costs (0)(0)
Gross profit:52904627181513
Operating expenses(13)(15)(8)(6)(10)(9)(8)
Other operating income, net
(Noninterest Income, Other Operating Income)
0000000
Operating income:40753822865
Nonoperating income
(Bank Owned Life Insurance Income)
1000000
Interest and debt expense(10)(15)(13)(7)(4)(3)(3)
Other undisclosed loss from continuing operations before equity method investments, income taxes (24)(13)(10)(1)(1)(1)
Income from continuing operations before equity method investments, income taxes:3036125321
Other undisclosed loss from continuing operations before income taxes(7)      
Income from continuing operations before income taxes:2336125321
Income tax expense (benefit)(4)(7)(2)(1)(2)(1)3
Net income attributable to parent:1830104124
Preferred stock dividends and other adjustments  00(1)(1)(1)
Undistributed earnings (loss) allocated to participating securities, basic (2)(0)  
Net income available to common stockholders, diluted:182794114

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:1830104124
Comprehensive income:1830104124
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(0)00(0)(0)0(0)
Comprehensive income, net of tax, attributable to parent:1830104124

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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