CF Bankshares (CFBK) 10-Q 12 Aug 20 2020 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Aug. 01, 2020
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	0-25045
Entity Registrant Name	CF BANKSHARES INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	34-1877137
Entity Address, Address Line One	7000 North High St.
Entity Address, City or Town	Worthington
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	43085
City Area Code	614
Local Phone Number	334-7979
Title of 12(b) Security	Common Stock, $.01 par value
Trading Symbol	cfbk
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001070680
Amendment Flag	false
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Common Stock [Member]
Entity Common Stock, Shares Outstanding		5,305,556
Non-Voting Common Stock [Member]
Entity Common Stock, Shares Outstanding		1,260,700

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 77,376	$ 45,879
Interest-bearing deposits in other financial institutions	100	100
Securities available for sale	10,802	8,174
Loans held for sale, at fair value	165,891	135,711
Loans and leases, net of allowance of $10,107 and $7,138	846,529	663,303
FHLB and FRB stock	5,216	4,008
Premises and equipment, net	4,005	3,991
Operating lease right-of-use assets	1,588	1,780
Bank owned life insurance	5,416	5,345
Accrued interest receivable and other assets	29,165	12,254
Total assets	1,146,088	880,545
Deposits
Noninterest bearing	148,188	115,530
Interest bearing	700,850	630,793
Total deposits	849,038	746,323
FHLB advances and other debt	165,806	29,017
Advances by borrowers for taxes and insurance	782	929
Operating lease liabilities	1,750	1,960
Accrued interest payable and other liabilities	21,320	6,846
Subordinated debentures	14,825	14,806
Total liabilities	1,053,521	799,881
Commitments and contingent liabilities
Stockholders' equity
Common stock	54	54
Additional paid-in capital	87,276	86,903
Retained earnings (accumulated deficit)	9,142	(2,932)
Accumulated other comprehensive income	146	28
Treasury stock, at cost; 95,809 shares of common stock at June 30, 2020 and 32,940 shares of common stock at December 31, 2019	(4,064)	(3,389)
Total stockholders' equity	92,567	80,664
Total liabilities and stockholder's equity	1,146,088	880,545
Non-Voting Common Stock [Member]
Stockholders' equity
Common stock	13
Total stockholders' equity	13
Series B Preferred Stock [Member]
Stockholders' equity
Preferred stock
Series C Preferred Stock [Member]
Stockholders' equity
Preferred stock

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Allowance for loans and leases	$ 10,107	$ 7,138
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	9,090,909	9,090,909
Common stock, shares issued	5,381,705	5,409,394
Treasury stock, shares	95,809	32,940
Non-Voting Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,260,700	1,260,700
Common stock, shares issued	1,260,700	0
Series B Preferred Stock [Member]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, share authorized	480,000	480,000
Preferred stock, share issued	0	0
Series C Preferred Stock [Member]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, share authorized	12,607	12,337
Preferred stock, share issued	0	12,337

Consolidated Statements Of Inco

Consolidated Statements Of Income - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Interest and dividend income
Loans and leases, including fees		$ 9,759	$ 8,112	$ 19,511	$ 15,602
Securities		42	43	85	85
FHLB and FRB stock dividends		50	53	94	107
Federal funds sold and other		17	297	124	652
Total interest and dividend income		9,868	8,505	19,814	16,446
Interest expense
Deposits		3,001	2,876	6,317	5,309
FHLB advances and other debt		344	144	604	295
Subordinated debentures		240	256	487	513
Total interest expense		3,585	3,276	7,408	6,117
Net interest income		6,283	5,229	12,406	10,329
Provision for loan and lease losses		3,125		3,125
Net interest income after provision for loan and lease losses		3,158	5,229	9,281	10,329
Noninterest income
Service charges on deposit accounts		139	138	290	262
Net gains on sales of loans		19,625	2,362	22,469	3,865
Swap fee income		14		407
Earnings on bank owned life insurance		36	35	71	69
Other		42	30	63	63
Total noninterest income		19,856	2,565	23,300	4,259
Noninterest expense
Salaries and employee benefits		6,250	2,643	9,295	5,144
Occupancy and equipment		247	228	500	446
Data processing		427	293	874	609
Franchise and other taxes		184	106	363	212
Professional fees		1,182	356	2,187	644
Director fees		221	133	379	264
Postage, printing and supplies		58	59	116	126
Advertising and marketing		1,248	616	2,523	1,242
Telephone		52	45	106	90
Loan expenses		65	45	162	91
Foreclosed assets, net					(9)
Depreciation		94	78	180	149
FDIC premiums		134	152	291	304
Regulatory assessment		45	40	90	82
Other insurance		27	24	54	47
Other		79	113	237	184
Total noninterest expense		10,313	4,931	17,357	9,625
Income before incomes taxes		12,701	2,863	15,224	4,963
Income tax expense		2,633	583	3,150	1,002
Net income		10,068	2,280	12,074	3,961
Accretion of discount and value of warrants exercised related to Series B preferred stock	[1]		157		183
Earnings allocated to participating securities (Series C preferred stock)		(1,218)		(1,866)
Net income attributable to common stockholders		$ 8,850	$ 2,437	$ 10,208	$ 4,144
Earnings per common share:
Basic		$ 1.54	$ 0.55	$ 1.84	$ 0.95
Diluted		$ 1.53	$ 0.55	$ 1.82	$ 0.93
[1]	All outstanding warrants expired on July 15, 2019.

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Consolidated Statements Of Comprehensive Income [Abstract]
Net income	$ 10,068	$ 2,280	$ 12,074	$ 3,961
Other comprehensive income:
Unrealized holding gains (losses) arising during the period related to securities available for sale, net of tax of ($7) and $14, and $31 and $23	(26)	52	118	87
Other comprehensive income (loss), net of tax	(26)	52	118	87
Comprehensive income	$ 10,042	$ 2,332	$ 12,192	$ 4,048

Consolidated Statements Of Co_2

Consolidated Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Consolidated Statements Of Comprehensive Income [Abstract]
Unrealized holding gains (losses) arising during the period related to securities available for sale, tax	$ (7)	$ 14	$ 31	$ 23

Consolidated Statement Of Chang

Consolidated Statement Of Changes In Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]Series C Preferred Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Non-Voting Common Stock [Member]	Series C Preferred Stock [Member]	Total
Balance at Dec. 31, 2018	$ 44		$ 61,706	$ (12,752)	$ (73)	$ (3,366)			$ 45,559
Net income				3,961					3,961
Other comprehensive income (loss)					87				87
Issuance of stock based incentive plan shares, net of forfeitures
Restricted stock expense, net of forfeitures			254						254
Exercise of warrants to common stock	1		1,058						1,059
Accretion of discount and value of warrants exercised			(183)	183
Balance at Jun. 30, 2019	45		62,835	(8,608)	14	(3,366)			50,920
Balance at Mar. 31, 2019	44		62,039	(11,045)	(38)	(3,366)			47,634
Net income				2,280					2,280
Other comprehensive income (loss)					52				52
Restricted stock expense, net of forfeitures			138						138
Exercise of warrants to common stock	1		815						816
Accretion of discount and value of warrants exercised			(157)	157
Balance at Jun. 30, 2019	45		62,835	(8,608)	14	(3,366)			50,920
Balance at Dec. 31, 2019	54		86,903	(2,932)	28	(3,389)			80,664
Net income				12,074					12,074
Other comprehensive income (loss)					118				118
Restricted stock expense, net of forfeitures			350						350
Stock options exercised			36						36
Acquisition of treasury shares surrendered upon vesting of restricted stock for payment of taxes						(27)			(27)
Purchase of treasury shares						(648)			(648)
Conversion of 12,607 shares of Series C preferred stock to 1,260,700 shares of non-voting common stock		$ (13)						$ 13
Balance at Jun. 30, 2020	54		87,276	9,142	146	(4,064)	13		92,567
Balance at Mar. 31, 2020	54		87,046	(926)	172	(3,465)			82,881
Net income				10,068					10,068
Other comprehensive income (loss)					(26)				(26)
Restricted stock expense, net of forfeitures			207						207
Stock options exercised			36						36
Purchase of treasury shares						(599)			(599)
Conversion of 12,607 shares of Series C preferred stock to 1,260,700 shares of non-voting common stock		$ (13)						$ 13
Balance at Jun. 30, 2020	$ 54		$ 87,276	$ 9,142	$ 146	$ (4,064)	$ 13		$ 92,567

Consolidated Statement Of Cha_2

Consolidated Statement Of Changes In Stockholders' Equity (Parenthetical) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020	Jun. 30, 2019
Issuance of stock based incentive plan, shares			33,788
Treasury shares, acquisition		1,869
Treasury shares, purchase	56,247	61,000
Series C Preferred Stock [Member]
Conversion of Series C preferred stock, shares	12,607	12,607
Non-Voting Common Stock [Member]
Non-voting common stock, shares	1,260,700	1,260,700

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Consolidated Statements Of Cash Flows [Abstract]
Net income	$ 12,074	$ 3,961
Adjustments to reconcile net income to net cash from operating activities:
Provision for loan and lease losses	3,125
Depreciation	180	149
Amortization, net	(507)	(18)
Deferred income tax (benefit)	(31)	6
Originations of loans held for sale	(806,205)	(205,715)
Proceeds from sale of loans held for sale	789,573	174,123
Net gains on sales of loans	(22,469)	(3,865)
Gain on sale of foreclosed assets		(12)
Earnings on bank owned life insurance	(71)	(69)
Stock-based compensation expense	350	254
Net change in:
Accrued interest receivable and other assets	(15,510)	(2,290)
Operating lease right-of-use asset	192	217
Operating lease right-of-use liability	(210)	(205)
Accrued interest payable and other liabilities	13,974	670
Net cash used by operating activities	(25,535)	(32,794)
Cash flows from investing activities
Available-for-sale securities: Maturities, prepayments and calls	3,066	1,535
Available-for-sale securities: Purchases	(5,552)	(1,494)
Loan and lease originations and payments, net	(184,413)	(48,502)
Proceeds from the sale of loans		1,137
Additions to premises and equipment	(194)	(317)
Purchase of FRB Stock	(1,208)	(340)
Purchase of other investments	(1,000)	(723)
Return of investment- joint ventures	98	95
Proceeds from the sale of foreclosed assets		50
Net cash used by investing activities	(189,203)	(48,559)
Cash flows from financing activities:
Net change in deposits	102,715	48,800
Proceeds from FHLB advances and other debt	450,636
Repayments on FHLB advances and other debt	(306,330)	(1,000)
Net change in advances by borrowers for taxes and insurance	(147)	(487)
Proceeds from exercise of stock options	36
Exercise of warrants to common stock		1,059
Acquisition of treasury shares surrendered upon vesting of restricted stock for payment of taxes	(27)
Purchase of treasury shares	(648)
Net cash from financing activities	246,235	48,372
Net change in cash and cash equivalents	31,497	(32,981)
Beginning cash and cash equivalents	45,879	67,304
Ending cash and cash equivalents	77,376	34,323
Supplemental cash flow information:
Interest paid	7,388	2,833
Income tax paid		985
Supplemental noncash disclosures:
Loans transferred from held for sale to portfolio	1,404	657
Investment payable on limited liability corporation and limited partnership	500	670
Transfer of other liability to operating lease right-of-use asset		184
Initial recognition of operating right-of-use lease asset		2,368
Initial recognition of operating right-of-use lease liability		$ 2,368
Loans held for sale funded with other debt, net of repayments	$ (7,517)

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2020
Summary Of Significant Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	NO TE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation : The consolidated financial statements include CF Bankshares Inc. (formerly known as Central Federal Corporation) (the “Holding Company”) and its wholly-owned subsidiary, CFBank, National Association (“CFBank”). The Holding Company and CFBank are sometimes collectively referred to herein as the “Company”. Intercompany transactions and balances are eliminated in consolidation. The accompanying unaudited interim consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and in compliance with U.S. generally accepted accounting principles (GAAP). Because this report is based on an interim period, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted. In the opinion of the management of the Company, the accompanying unaudited interim consolidated financial statements include all adjustments necessary for a fair presentation of the Company’s financial condition and the results of operations for the periods presented. These adjustments are of a normal recurring nature, unless otherwise disclosed in this Form 10-Q. The financial performance reported for the Company for the three and six months ended June 30, 2020 is not necessarily indicative of the results that may be expected for the full year. This information should be read in conjunction with the Company’s latest Annual Report to Stockholders and Annual Report on Form 10-K on file with the SEC. Reference is made to the accounting policies of the Company described in Note 1 to the Audited Consolidated Financial Statements contained in the Company’s 2019 Annual Report to Stockholders that was filed as Exhibit 13.1 to the Company’s Form 10-K for the year ended December 31, 2019 (referred to herein as the “2019 Audited Financial Statements”). The Company has consistently followed those policies in preparing this Form 10-Q. Loans and Leases: Loans and leases that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, adjusted for purchase premiums and discounts, deferred loan fees and costs and an allowance for loan and lease losses (ALLL). Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level yield method without anticipating prepayments. The accrual of interest income on all classes of loans, except other consumer loans, is discontinued and the loan is placed on nonaccrual status at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection. Other consumer loans are typically charged off no later than 90 days past due. Past due status is based on the contractual terms of the loan for all classes of loans. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual loans and loans past due 90 days still on accrual include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. Commercial, multi-family residential real estate loans and commercial real estate loans placed on nonaccrual status are individually classified as impaired loans. All interest accrued but not received for each loan placed on nonaccrual is reversed against interest income in the period in which it is placed in a nonaccrual status. Interest received on such loans is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual status. Loans are considered for return to accrual status provided all the principal and interest amounts that are contractually due are brought current, there is a current and well documented credit analysis, there is reasonable assurance of repayment of principal and interest, and the customer has demonstrated sustained, amortizing payment performance of at least six months. Allowance for Loan and Lease Losses (ALLL): The ALLL is a valuation allowance for probable incurred credit losses. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. Management estimates the allowance balance required using past loan loss experience, the nature and volume of the portfolio, information about specific borrower situations and estimated collateral values, economic conditions, and other factors. Allocations of the allowance may be made for specific loans, but the entire allowance is available for any loan that, in management’s judgment, should be charged off. The allowance consists of specific and general components. The specific component relates to loans that are individually classified as impaired. A loan is impaired when, based on current information and events, it is probable that CFBank will be unable to collect all amounts due according to the contractual terms of the loan agreement. Loans within any loan class for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings (TDRs) and classified as impaired. Factors considered by management in determining impairment for all loan classes include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. All substandard loans within the commercial, multi-family residential and commercial real estate segments, regardless of size, and loans of all other classes with balances over $250 are individually evaluated for impairment when they are 90 days past due, or earlier than 90 days past due if information regarding the payment capacity of the borrower indicates that payment in full according to the loan terms is doubtful. If a loan is impaired, a portion of the allowance is allocated so that the loan is reported, net, at the present value of estimated future cash flows using the loan’s existing rate, or at the fair value of collateral, less costs to sell, if repayment is expected solely from the collateral. Large groups of smaller balance homogeneous loans, such as consumer and single-family residential real estate loans, are collectively evaluated for impairment, and accordingly, they are not separately identified for impairment disclosures. TDRs of all classes of loans are separately identified for impairment disclosures and are measured at the present value of estimated future cash flows using each loan’s effective rate at inception. If a TDR is considered to be a collateral dependent loan, the loan is reported, net, at the fair value of the collateral. If the payment of the loan is dependent on the sale of the collateral, then costs to liquidate the collateral are included when determining the impairment. For TDRs that subsequently default, the amount of reserve is determined in accordance with the accounting policy for the ALLL. Interest income on all classes of impaired loans that are on nonaccrual status is recognized in accordance with the accounting policy for nonaccrual loans. Cash receipts on all classes of impaired loans that are on nonaccrual status are generally applied to the principal balance outstanding. Interest income on all classes of impaired loans that are not on nonaccrual status is recognized on the accrual method. TDRs may be classified as accruing if the borrower has been current for a period of at least six months with respect to loan payments and management expects that the borrower will be able to continue to make payments in accordance with the terms of the restructured note. The general reserve component covers non impaired loans of all classes and is based on historical loss experience adjusted for current factors. The historical loss experience is determined by loan class and is based on the actual loss history experienced by the Company over a three-year period. The general component is calculated based on CFBank’s loan balances and actual three-year historical loss rates. For loans with little or no actual loss experience, industry estimates are used based on loan segment. This loss experience is supplemented with other economic and judgmental factors based on the risks present for each loan class. These economic and judgmental factors include consideration of the following: levels of and trends in delinquencies and impaired loans; levels of and trends in charge-offs and recoveries; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. CFBank’s charge-off policy for commercial loans, single-family residential real estate loans, multi-family residential real estate loans, commercial real estate loans, construction loans and home equity lines of credit requires management to record a specific reserve or charge-off as soon as it is apparent that the borrower is troubled and there is, or likely will be, a collateral shortfall related to the estimated value of the collateral securing the loan. Other consumer loans are typically charged off no later than 90 days past due. Joint Ventures: The Holding Company has contributed funds into a series of joint ventures (equity stake) for the purpose of allocating excess liquidity into higher earning assets while diversifying its revenue sources. The joint ventures are engaged in shorter term operating activities related to single family real estate developments. Income is recognized based on a rate of return on the outstanding investment balance. As units are sold, the Holding Company receives an additional incentive payment, which is recognized as income. Under ASU 2016-15, the Company has elected the nature of distribution approach to recognize returns from equity method investments. Returns on investment are classified as cash flows from operating activities and returns of investment are classified as investing activities. Low Income Housing Tax Credits (LIHTC): The Company has invested in low income housing tax credits through funds that assist corporations in investing in limited partnerships and limited liability companies that own, develop and operate low income residential rental properties for purposes of qualifying for the Housing Tax Credit. These investments are accounted for under the proportional amortization method which recognizes the amortization of the investment in proportion to the tax credit and other tax benefits received. Historic Tax Credits: In June 2019, the Company made an equity investment as a non-managing member in an entity that is expected to receive historic tax credits (HTC) pursuant to Section 47 of the Internal Revenue Code. The Company expects to receive a return through the realization of federal income tax credits, as well as other tax benefits, such as tax deductions from net operating losses of the investment over a period of time. The HTC investment is accounted for under the equity method of accounting and is included in accrued interest receivable and other assets on the consolidated balance sheets. The Company’s recorded investment in this entity was $894 at June 30, 2020 and December 31, 2019. The maximum exposure to loss related to these investments was $894 at June 30, 2020, representing the Company’s investment balance. Earnings Per Common Share: The two-class method is used in the calculation of basic and diluted earnings per share. Under the two-class method, earnings available to common stockholders for the period are allocated between common stockholders and participating securities (unvested share-based payment awards) according to dividends declared (or accumulated) and participation rights in undistributed earnings. The factors used in the earnings per share computation follow:    Three months ended Six months ended  June 30, June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Basic  Net income $ 10,068 $ 2,280 $ 12,074 $ 3,961  Accretion of discount and value of warrants exercised related to Series B preferred stock (1) - 157 - 183  Earnings allocated to participating securities (Series C preferred stock) (1,218) - (1,866) -  Net income allocated to common stockholders $ 8,850 $ 2,437 $ 10,208 $ 4,144   Weighted average common shares outstanding including unvested share-based payment awards 5,777,816 4,412,726 5,575,856 4,384,395  Less: Unvested share-based payment awards-2019 Plan (38,719) - (39,335) -  Average shares 5,739,097 4,412,726 5,536,521 4,384,395  Basic earnings per common share $ 1.54 $ 0.55 $ 1.84 $ 0.95   Diluted  Net earnings allocated to common stockholders $ 8,850 $ 2,437 $ 10,208 $ 4,144  Add back: Preferred Dividends on Series B preferred stock and accretion of discount - - - -  Net earnings allocated to common stockholders $ 8,850 $ 2,437 $ 10,208 $ 4,144   Weighted average common shares outstanding for basic earnings per common share 5,739,097 4,412,726 5,536,521 4,384,395  Add: Dilutive effects of assumed exercises of stock options 24,762 35,077 25,591 37,075  Add: Dilutive effects of assumed exercises of stock warrants - 4,834 - 13,894  Add: Dilutive effects of unvested share-based payment awards-2019 Plan 38,719 - 39,335  Average shares and dilutive potential common shares 5,802,578 4,452,637 5,601,447 4,435,364  Diluted earnings per common share $ 1.53 $ 0.55 $ 1.82 $ 0.93  (1) All outstanding warrants expired on July 15, 2019.  The following securities exercisable for common shares were anti-dilutive and not considered in computing diluted earnings per common share:   Three months ended June 30, Six months ended June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Stock options 437 467 444 475  Dividend Restrictions: Banking regulations require us to maintain certain capital levels and may limit the dividends paid by CFBank to the Holding Company or by the Holding Company to stockholders. The ability of the Holding Company to pay dividends on its common stock is dependent upon the amount of cash and liquidity available at the Holding Company level, as well as the receipt of dividends and other distributions from CFBank to the extent necessary to fund such dividends. The Holding Company is a legal entity that is separate and distinct from CFBank, which has no obligation to make any dividends or other funds available for the payment of dividends by the Holding Company. The Holding Company also is subject to various legal and regulatory policies and guidelines impacting the Holding Company’s ability to pay dividends on its stock. In addition, the Holding Company’s ability to pay dividends on its stock is conditioned upon the payment, on a current basis, of quarterly interest payments on the subordinated debentures underlying the Company’s trust preferred securities. Finally, under the terms of the Holding Company’s fixed-to-floating rate subordinated debt, the Holding Company’s ability to pay dividends on its stock is conditioned upon the Holding Company continuing to make required principal and interest payments, and not incurring an event of default, with respect to the subordinated debt. Future Accounting Matters: In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . Once effective, ASU 2016-13 will significantly change current guidance for recognizing impairment of financial instruments. Current guidance requires an "incurred loss" methodology for recognizing credit losses that delays recognition until it is probable a loss has been incurred. ASU 2016-13 replaces the incurred loss impairment methodology with a new methodology that reflects expected credit losses over the lives of the loans and requires consideration of a broader range of information to inform credit loss estimates. The ASU requires an organization to estimate all expected credit losses for financial assets measured at amortized cost, including loans and held-to-maturity debt securities, based on historical experience, current conditions, and reasonable and supportable forecasts. Additional disclosures are required. ASU 2016-13 also amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. Under the new guidance, entities will determine whether all or a portion of the unrealized loss on an available-for-sale debt security is a credit loss. Any credit loss will be recognized as an allowance for credit losses on available-for-sale debt securities rather than as a direct reduction of the amortized cost basis of the investment, as is currently required. As a result, entities will recognize improvements to estimated credit losses on available-for-sale debt securities immediately in earnings rather than as interest income over time, as currently required. ASU 2016-13 eliminates the current accounting model for purchased credit impaired loans and debt securities. Instead, purchased financial assets with credit deterioration will be recorded gross of estimated credit losses as of the date of acquisition and the estimated credit losses amounts will be added to the allowance for credit losses. Thereafter, entities will account for additional impairment of such purchased assets using the models listed above. In October 2019, the FASB voted to extend the implementation of ASU No. 2016-13 for certain financial institutions including smaller reporting companies. As a result, ASU 2016-13 will be effective for the Company for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. While the Company generally expects that the implementation of ASU 2016-13 has the potential to increase its allowance for loan losses balance, the Company is continuing to evaluate the potential impact on the Company’s financial statements and disclosures. Management has been running and evaluating various scenarios. At this time, the estimated impact on the Company’s consolidated financial statements, including disclosures, cannot be reasonably determined. In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . These amendments provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. The guidance is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is implementing a transition plan to identify and modify its loans and other financial instruments with attributes that are either directly or indirectly influenced by LIBOR. The Company is assessing ASU 2020-04 and its impact on the Company's transition away from LIBOR for its loan and other financial instruments. General Litigation The Company is subject to claims and lawsuits that arise primarily in the ordinary course of business. In the opinion of management, the disposition or ultimate resolution of such claims and lawsuits is not anticipated to have a material adverse effect on the consolidated financial position, results of operations and cash flows of the Company.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2020
Revenue Recognition [Abstract]
Revenue Recognition	NOTE 2 – REVENUE RECOGNITION Accounting Standards Codification ("ASC") 606, Revenue from Contracts with Customers ("ASC 606"), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity's contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied. The majority of our revenue-generating transactions are not subject to ASC 606, including revenue generated from financial instruments, such as our loans, letters of credit, derivatives and investment securities, as well as revenue related to our mortgage activities related to net gains on sale of loans. All of the Company’s revenue from contracts with customers in the scope of ASC 606 is recognized within Noninterest Income. Descriptions of our revenue-generating activities that are within the scope of ASC 606, which are presented in our income statements as components of non-interest income are as follows: · Service charges on deposit accounts - these represent general service fees for monthly account maintenance and activity, or transaction-based fees, and consist of transaction-based revenue, time-based revenue (service period), item-based revenue or some other individual attribute-based revenue. Revenue is recognized when our performance obligation is completed which is generally monthly for account maintenance services or when a transaction has been completed (such as a wire transfer). Payment s for such performance obligations are generally received at the time the performance obligations are satisfied.

Securities

Securities	6 Months Ended
	Jun. 30, 2020
Securities [Abstract]
Securities	 NOTE 3 – SECURITIES The following table summarizes the amortized cost and fair value of the available-for-sale securities portfolio at June 30, 2020 and December 31, 2019 and the corresponding amounts of unrealized gains and losses recognized in accumulated other comprehensive income (loss):   Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value  June 30, 2020 (unaudited)  Issued by U.S. government-sponsored entities and agencies:  U.S. Treasury $ 10,530 $ 181 $ - $ 10,711  Mortgage-backed securities - residential 77 4 - 81  Collateralized mortgage obligations 10 - - 10  Total $ 10,617 $ 185 $ - $ 10,802     Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value  December 31, 2019  Issued by U.S. government-sponsored entities and agencies:  U.S. Treasury $ 7,986 $ 32 $ 1 $ 8,017  Mortgage-backed securities - residential 126 4 - 130  Collateralized mortgage obligations 27 - - 27  Total $ 8,139 $ 36 $ 1 $ 8,174  There was no other-than-temporary impairment recognized in accumulated other comprehensive income (loss) for securities available for sale at June 30, 2020 or June 30, 2019. There were no sales of securities for the three and six months ended June 30, 2020 and 2019. The amortized cost and fair value of debt securities at June 30, 2020 and December 31, 2019 are shown in the table below by contractual maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.    June 30, 2020 December 31, 2019  (unaudited)  Amortized Cost Fair Value Amortized Cost Fair Value  Due in one year or less $ 6,026 $ 6,065 $ 5,001 $ 5,000  Due from one to five years 4,504 4,646 2,985 3,017  Mortgage-backed securities - residential 77 81 126 130  Collateralized mortgage obligations 10 10 27 27  Total $ 10,617 $ 10,802 $ 8,139 $ 8,174  Fair value of securities pledged as collateral was as follows:   June 30, 2020 December 31, 2019  (unaudited)  Pledged as collateral for:  FHLB advances $ 2,544 $ 3,074  Public deposits 2,552 2,015  Mortgage banking derivatives 3,039 1,500  Interest-rate swaps 65 77  Total $ 8,200 $ 6,666  At June 30, 2020 and December 31, 2019, there were no holdings of securities of any one issuer, other than U.S. government-sponsored entities and agencies, in an amount greater than 10% of stockholders’ equity. There were no unrealized losses at June 30, 2020.  The following table summarizes securities with unrealized losses at December 31, 2019, aggregated by major security type and length of time in a continuous unrealized loss position.     December 31, 2019 Less than 12 Months 12 Months or More Total  Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss  Issued by U.S. government-sponsored entities and agencies:  U.S. Treasury (1) $ 499 $ - $ 2,501 $ 1 $ 3,000 $ 1  Total temporarily impaired $ 499 $ - $ 2,501 $ 1 $ 3,000 $ 1  (1) Unrealized loss is less than $1 resulting in rounding to zero.  The unrealized losses in U.S. Treasuries at December 31, 2019 are related to multiple securities. Because the decline in fair value is attributable to changes in market conditions, and not credit quality, and because the Company does not have the intent to sell these securities and it is likely that it will not be required to sell these securities before their anticipated recovery, the Company did not consider these securities to be other-than-temporarily impaired at December 31, 2019.

Loans And Leases

Loans And Leases	6 Months Ended
	Jun. 30, 2020
Loans And Leases [Abstract]
Loans And Leases	NOTE 4 – LOANS AND LEASES The following table presents the recorded investment in loans and leases by portfolio segment. The recorded investment in loans and leases includes the principal balance outstanding adjusted for purchase premiums and discounts, and deferred loan fees and costs.     June 30, 2020 December 31, 2019  (unaudited)  Commercial (1) $ 327,539 $ 170,646  Real estate:  Single-family residential 128,241 120,256  Multi-family residential 46,654 39,229  Commercial 272,207 247,543  Construction 59,574 67,652  Consumer:  Home equity lines of credit 19,596 20,941  Other 2,825 4,174  Subtotal 856,636 670,441  Less: ALLL (10,107) (7,138)  Loans and leases, net $ 846,529 $ 663,303  (1) Includes $4,459 and $4,779 of commercial leases at June 30, 2020 and December 31, 2019, respectively.  Included in Commercial loans at June 30, 2020, were $123.5 million of loans originated under the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”). The CARES Act authorized the SBA to temporarily guarantee loans under a new 7(a) loan program, the PPP. These loans are 100% guaranteed by the SBA and the full principal amount of the loan may qualify for forgiveness. The loans we originated have a maturity of two years, an interest rate of 1.00% and loan payments are deferred for the initial six months. The majority of these loans have been pledged as collateral on borrowings under the FRB Paycheck Protection Program Lending Facility (“PPPLF”). See Note 8 - FHLB Advances and Other Debt for additional information. Mortgage Purchase Program CFBank has participated in a Mortgage Purchase Program with Northpointe Bank (Northpointe), a Michigan banking corporation, since December 2012. Pursuant to the terms of a participation agreement, CFBank purchases participation interests in loans made by Northpointe related to fully underwritten and pre-sold mortgage loans originated by various prescreened mortgage brokers located throughout the U.S. The underlying loans are individually (MERS) registered loans which are held until funded by the end investor. The mortgage loan investors include Fannie Mae and Freddie Mac, and other major financial institutions. This process on average takes approximately 14 days. Given the short-term holding period of the underlying loans, common credit risks (such as past due, impairment and TDR, nonperforming, and nonaccrual classification) are substantially reduced. Therefore, no allowance is allocated by CFBank to these loans. These loans are 100% risk rated for CFBank capital adequacy purposes. Under the participation agreement, CFBank agrees to purchase a 95% ownership/participation interest in each of the aforementioned loans, and Northpointe maintains a 5% ownership interest in each loan it participates. At June 30, 2020 and December 31, 2019, CFBank held $23,116 and $26,046 , respectively, of such loans which have been included in single-family residential loan totals above. Allowance for Loan and Lease Losses The ALLL is a valuation allowance for probable incurred credit losses in the loan portfolio based on management’s evaluation of various factors including past loan loss experience, the nature and volume of the portfolio, information about specific borrower situations and estimated collateral values, economic conditions and other factors. A provision for loan and lease losses is charged to operations based on management’s periodic evaluation of these and other pertinent factors described in Note 1 to the 2019 Audited Financial Statements. The following table presents the activity in the ALLL by portfolio segment for the three and six months ended June 30, 2020:       Three months ended June 30, 2020 (unaudited)  Real Estate Consumer  Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total  Beginning balance $ 2,103 $ 905 $ 512 $ 2,674 $ 574 $ 249 $ 56 $ 7,073  Addition to (reduction in) provision for loan losses 600 150 55 1,860 450 10 - 3,125  Charge-offs (39) (58) - - - - - (97)  Recoveries - 2 - - - 4 - 6  Ending balance $ 2,664 $ 999 $ 567 $ 4,534 $ 1,024 $ 263 $ 56 $ 10,107         Six months ended June 30, 2020 (unaudited)  Real Estate Consumer  Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total  Beginning balance $ 2,054 $ 948 $ 447 $ 2,604 $ 759 $ 265 $ 61 $ 7,138  Addition to (reduction in) provision for loan losses 720 105 120 1,930 265 (10) (5) 3,125  Charge-offs (110) (58) - - - - - (168)  Recoveries - 4 - - - 8 - 12  Ending balance $ 2,664 $ 999 $ 567 $ 4,534 $ 1,024 $ 263 $ 56 $ 10,107    The following table presents the activity in the ALLL by portfolio segment for the three and six months ended June 30, 2019:      Three months ended June 30, 2019 (unaudited)  Real Estate Consumer  Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total  Beginning balance $ 1,819 $ 1,063 $ 622 $ 2,299 $ 759 $ 375 $ 87 $ 7,024  Addition to (reduction in) provision for loan losses 150 (50) (60) 40 - (70) (10) -  Charge-offs - - - - - - - -  Recoveries - 1 - - - 4 - 5  Ending balance $ 1,969 $ 1,014 $ 562 $ 2,339 $ 759 $ 309 $ 77 $ 7,029        Six months ended June 30, 2019 (unaudited)  Real Estate Consumer  Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total  Beginning balance $ 1,819 $ 1,061 $ 612 $ 2,274 $ 739 $ 410 $ 97 $ 7,012  Addition to (reduction in) provision for loan losses 150 (50) (50) 65 20 (115) (20) -  Charge-offs - - - - - - - -  Recoveries - 3 - - - 14 - 17  Ending balance $ 1,969 $ 1,014 $ 562 $ 2,339 $ 759 $ 309 $ 77 $ 7,029   The following table presents the balance in the ALLL and the recorded investment in loans and leases by portfolio segment and based on the impairment method as of June 30, 2020 (unaudited):     Real Estate Consumer  Commercial Single- family Multi- family Commercial Construction Home Equity lines of credit Other Total  ALLL:  Ending allowance balance attributable to loans:  Individually evaluated for impairment $ - $ - $ - $ 22 $ - $ - $ - $ 22  Collectively evaluated for impairment 2,664 999 567 4,512 1,024 263 56 10,085  Total ending allowance balance $ 2,664 $ 999 $ 567 $ 4,534 $ 1,024 $ 263 $ 56 $ 10,107   Loans:  Individually evaluated for impairment $ 81 $ 106 $ - $ 2,728 $ - $ - $ - $ 2,915  Collectively evaluated for impairment 327,458 128,135 46,654 269,479 59,574 19,596 2,825 853,721  Total ending loan balance $ 327,539 $ 128,241 $ 46,654 $ 272,207 $ 59,574 $ 19,596 $ 2,825 $ 856,636  The following table presents the balance in the ALLL and the recorded investment in loans and leases by portfolio segment and based on the impairment method as of December 31, 2019:     Real Estate Consumer  Commercial Single- family Multi- family Commercial Construction Home Equity lines of credit Other Total  ALLL:  Ending allowance balance attributable to loans:  Individually evaluated for impairment $ 1 $ 1 $ - $ 33 $ - $ - $ - $ 35  Collectively evaluated for impairment 2,053 947 447 2,571 759 265 61 7,103  Total ending allowance balance $ 2,054 $ 948 $ 447 $ 2,604 $ 759 $ 265 $ 61 $ 7,138   Loans:  Individually evaluated for impairment $ 85 $ 107 $ - $ 4,420 $ - $ - $ - $ 4,612  Collectively evaluated for impairment 170,561 120,149 39,229 243,123 67,652 20,941 4,174 665,829  Total ending loan balance $ 170,646 $ 120,256 $ 39,229 $ 247,543 $ 67,652 $ 20,941 $ 4,174 $ 670,441   The following table presents loans individually evaluated for impairment by class of loans as of and for the period ended June 30, 2020. The unpaid principal balance is the contractual principal balance outstanding. The recorded investment is the unpaid principal balance adjusted for partial charge-offs, purchase premiums and discounts, and deferred loan fees and costs. The table presents accrual basis interest income recognized during the three and six months ended June 30, 2020. Cash payments of interest on these loans during the three and six months ended June 30, 2020 totaled $11 and $53 , respectively.    Three months ended Six months ended  As of June 30, 2020 June 30, 2020 June 30, 2020  (unaudited) (unaudited) (unaudited)  Unpaid Principal Balance Recorded Investment ALLL Allocated Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized  With no related allowance recorded:  Real estate:  Commercial:  Owner occupied $ - $ - $ - $ - $ - $ - $ -  Total with no allowance recorded - - - - - - -   With an allowance recorded:  Commercial (1) 81 81 - 108 3 126 5  Real estate:  Single-family residential (1) 106 106 - 106 - 106 1  Commercial:  Non-owner occupied 2,728 2,728 22 2,730 38 2,732 75  Total with an allowance recorded 2,915 2,915 22 2,944 41 2,964 81  Total $ 2,915 $ 2,915 $ 22 $ 2,944 $ 41 $ 2,964 $ 81  (1) Allowance recorded is less than $1 resulting in rounding to zero.  The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2019. The unpaid principal balance is the contractual principal balance outstanding. The recorded investment is the unpaid principal balance adjusted for partial charge-offs, purchase premiums and discounts, and deferred loan fees and costs. The table presents accrual basis interest income recognized during the three and six months ended June 30, 2019. Cash payments of interest during the three and six months ended June 30, 2019 totaled $43 and $88 .    Three months ended Six months ended  As of December 31, 2019 June 30, 2019 June 30, 2019  (unaudited) (unaudited)  Unpaid Principal Balance Recorded Investment ALLL Allocated Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized  With no related allowance recorded:  Commercial $ - $ - $ - $ 94 $ - $ 96 $ -  Real estate:  Single-family residential - - - 109 2 109 3  Commercial:  Owner occupied - - - 121 1 122 7  Total with no allowance recorded - - - 324 3 327 10   With an allowance recorded:  Commercial 85 85 1 - - - -  Real estate:  Single-family residential 107 107 1 - - - -  Multi-family residential - - - - -  Commercial:  Non-owner occupied 4,420 4,420 33 4,483 39 3,932 76  Total with an allowance recorded 4,612 4,612 35 4,483 39 3,932 76  Total $ 4,612 $ 4,612 $ 35 $ 4,807 $ 42 $ 4,259 $ 86   The following table presents the recorded investment in nonperforming loans by class of loans:      June 30, 2020 December 31, 2019  (unaudited)  Loans past due over 90 days still on accrual $ - $ -  Nonaccrual loans:  Commercial - 85  Real estate:  Single-family residential 472 550  Commercial:  Non-owner occupied - 1,689  Consumer:  Home equity lines of credit:  Originated for portfolio 35 36  Purchased for portfolio 74 79  Other consumer - -  Total nonaccrual 581 2,439  Total nonaccrual and nonperforming loans $ 581 $ 2,439  Nonaccrual loans include both smaller balance single-family mortgage and consumer loans that are collectively evaluated for impairment and individually classified impaired loans. There were no loans 90 days or more past due and still accruing interest at June 30, 2020 or December 31, 2019. The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of June 30, 2020 (unaudited):    30 - 59 Days Past Due 60 - 89 Days Past Due Greater than 90 Days Past Due Total Past Due Loans Not Past Due Nonaccrual Loans Not > 90 days Past Due  Commercial $ - $ - $ - $ - $ 327,539 $ -  Real estate:  Single-family residential 892 17 358 1,267 126,974 114  Multi-family residential - - - - 46,654 -  Commercial:  Non-owner occupied - - - - 151,927 -  Owner occupied - - - - 92,176 -  Land - - - - 28,104 -  Construction - - - - 59,574 -  Consumer:  Home equity lines of credit:  Originated for portfolio 132 - 22 154 19,245 13  Purchased for portfolio - - - - 197 74  Other - - - - 2,825 -  Total $ 1,024 $ 17 $ 380 $ 1,421 $ 855,215 $ 201   The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2019:     30 - 59 Days Past Due 60 - 89 Days Past Due Greater than 90 Days Past Due Total Past Due Loans Not Past Due Nonaccrual Loans Not > 90 days Past Due  Commercial $ - $ 71 $ - $ 71 $ 170,575 $ 85  Real estate:  Single-family residential 2,453 261 426 3,140 117,116 124  Multi-family residential - - - - 39,229 -  Commercial:  Non-owner occupied - - 1,689 1,689 138,762 -  Owner occupied - - - - 81,871 -  Land - - - - 25,221 -  Construction 304 - - 304 67,348 -  Consumer:  Home equity lines of credit:  Originated for portfolio - - 22 22 20,713 14  Purchased for portfolio - - - - 206 79  Other - - - - 4,174 -  Total $ 2,757 $ 332 $ 2,137 $ 5,226 $ 665,215 $ 302  Short-term Loan Deferrals Under the CARES Act, financial institutions are permitted to not classify loan modifications that were related to the impact of COVID-19 if: · The modifications were made between March 1, 2020 and the earlier of December 31, 2020 or 60 days after the end of the public health emergency, and  · The underlying loans were not more than 30 days past due as of December 31, 2019.  We implemented a loan modification program in accordance with the CARES Act to provide temporary relief to borrowers that meet the requirements under the CARES Act . The program allows for deferral of payments for up to 90 days, which we may extend for up to an additional 90 days at our option. The deferred payments and accrued interest during the deferral period are due and payable on or before the maturity of the loans. At June 30, 2020, we granted temporary deferrals on loans with an outstanding balance of approximately $100 million. Under the provisions of the CARES Act, none of these loans were considered a troubled debt restructuring (“TDR”) at June 30, 2020. Troubled Debt Restructurings (TDRs): From time to time, the terms of certain loans are modified as TDRs, where concessions are granted to borrowers experiencing financial difficulties. The modification of the terms of such loans may have included one or a combination of the following: a reduction of the stated interest rate of the loan; an increase in the stated rate of interest lower than the current market rate for new debt with similar risk; an extension of the maturity date; or a change in the payment terms. As of June 30, 2020 and December 31, 2019, TDRs totaled $2,915 and $2,923 , respectively. The Company allocated $22 and $22 of specific reserves to loans whose terms had been modified in TDRs as of June 30, 2020 and December 31, 2019, respectively. The Company had not committed to lend any additional amounts as of June 30, 2020 or December 31, 2019 to customers with outstanding loans classified as nonaccrual TDRs. During the three months ended June 30, 2020 and June 30, 2019, there were no loans modified as a TDR. There were no TDRs in payment default or that became nonperforming during the quarters ended June 30, 2020 and June 30, 2019. A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms, at which time the loan is re-evaluated to determine whether an impairment loss should be recognized, either through a write-off or specific valuation allowance, so that the loan is reported, net, at the present value of estimated future cash flows, or at the fair value of collateral, less cost to sell, if repayment is expected solely from the collateral. The terms of certain other loans were modified during the six months ended June 30, 2020 and 2019 that did not meet the definition of a TDR. These loans had a total recorded investment of $26,995 and $15,821 as of June 30, 2020 and 2019, respectively. The modification of these loans involved either a modification of the terms of a loan to borrowers who were not experiencing financial difficulties, a delay in payments that was considered to be insignificant or a modification where no concessions were granted. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy. Nonaccrual loans include loans that were modified and identified as TDRs and the loans are not performing. At June 30, 2020 there were no nonaccrual TDR’s and at December 31, 2019, nonaccrual TDRs were as follows:     June 30, 2020 December 31, 2019  (unaudited)  Commercial $ - $ 85  Total $ - $ 85  Nonaccrual loans at June 30, 2020 and December 31, 2019 do not include $2,915 and $2,838 , respectively, of TDRs where customers have established a sustained period of repayment performance, generally six months, the loans are current according to their modified terms and repayment of the remaining contractual payments is expected. These loans are included in total impaired loans. Credit Quality Indicators: The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt, such as current financial information, historical payment experience, credit documentation, public information and current economic trends, among other factors. Management analyzes loans individually by classifying the loans as to credit risk. This analysis includes commercial, commercial real estate and multi-family residential real estate loans. Internal loan reviews for these loan types are performed at least annually, and more often for loans with higher credit risk. Adjustments to loan risk ratings are made based on the reviews and at any time information is received that may affect risk ratings. The following definitions are used for risk ratings: Special Mention . Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of CFBank’s credit position at some future date. Substandard . Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that there will be some loss if the deficiencies are not corrected. Doubtful . Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Loans not meeting the criteria to be classified into one of the above categories are considered to be not rated or pass-rated loans. Loans listed as not rated are primarily groups of homogeneous loans. Past due information is the primary credit indicator for groups of homogenous loans. Loans listed as pass-rated loans are loans that are subject to internal loan reviews and are determined not to meet the criteria required to be classified as special mention, substandard or doubtful. The recorded investment in loans and leases by risk category and by class of loans and leases as of June 30, 2020 and based on the most recent analysis performed follows. There were no loans or leases rated doubtful at June 30, 2020.   (unaudited) Not Rated Pass Special Mention Substandard Total  Commercial $ 847 $ 324,884 $ 1,298 $ 510 $ 327,539  Real estate:  Single-family residential 127,769 - - 472 128,241  Multi-family residential - 46,508 - 146 46,654  Commercial:  Non-owner occupied 62 142,706 6,431 2,728 151,927  Owner occupied 309 88,951 2,018 898 92,176  Land - 28,104 - - 28,104  Construction 3,045 56,529 - - 59,574  Consumer:  Home equity lines of credit:  Originated for portfolio 19,348 - - 51 19,399  Purchased for portfolio 122 - - 75 197  Other 2,825 - - - 2,825  $ 154,327 $ 687,682 $ 9,747 $ 4,880 $ 856,636  The recorded investment in loans and leases by risk category and by class of loans and leases as of December 31, 2019 follows. There were no loans or leases rated doubtful at December 31, 2019.    Not Rated Pass Special Mention Substandard Total  Commercial $ - $ 168,617 $ 1,424 $ 605 $ 170,646  Real estate:  Single-family residential 119,707 - - 549 120,256  Multi-family residential - 39,081 - 148 39,229  Commercial:  Non-owner occupied 67 134,466 1,498 4,420 140,451  Owner occupied - 79,773 2,098 - 81,871  Land - 25,221 - - 25,221  Construction 1,855 65,797 - - 67,652  Consumer:  Home equity lines of credit:  Originated for portfolio 20,681 - - 54 20,735  Purchased for portfolio 127 - - 79 206  Other 4,174 - - - 4,174  $ 146,611 $ 512,955 $ 5,020 $ 5,855 $ 670,441  Leases: The following lists the components of the net investment in direct financing leases (1) :    June 30, 2020 December 31, 2019  (unaudited)  Total minimum lease payments to be received $ 4,856 $ 5,252  Less: unearned income (397) (473)  Net investment in direct financing leases $ 4,459 $ 4,779  (1) There were no initial direct costs associated with these leases.  The following summarizes the future minimum lease payments receivable in fiscal year 2020 and in subsequent fiscal years:     2020 $ 397  2021 793  2022 793  2023 1,563  2024 1,310  $ 4,856

Leases

Leases	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Leases	NOTE 5 – LEASES A lease is defined as a contract, or part of a contract, that conveys the right to control the use of identified property, plant or equipment for a period of time in exchange for consideration. On January 1, 2019, the Company adopted ASU No. 2016-02, Leases (Topic 842) and all subsequent ASUs that modified Topic 842. For the Company, Topic 842 primarily affected the accounting treatment for operating lease agreements in which the Company is the lessee. The leases in which the Company is the lessee are comprised of real estate property for branches and offices and for equipment with terms extending through 2024 . All of our leases are classified as operating leases, and therefore, were previously not recognized on the Company’s consolidated balance sheets. With the adoption of Topic 842, operating lease agreements are required to be recognized on the consolidated balance sheets as a right-of-use (“ROU”) asset and a corresponding operating lease liability. The Company does not have any leases classified as finance leases. The calculated amount of the ROU assets and lease liabilities are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion which were considered, as applicable, in the calculation of the ROU assets and lease liabilities. If at lease inception, the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the ROU asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is not readily determinable in our operating leases, the Company utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term. At June 30, 2020, the weighted-average remaining lease term for the Company’s operating leases was 3.7 years and the weighted-average discount rate was 6.58% . The Company’s operating lease costs were $97 and $192 for the three and six months ended June 30, 2020 and $90 and $217 for the three and six months ended June 30, 2019. The variable lease costs totaled $81 and $129 for the three and six months ended June 30, 2020 and $70 and $101 for the three and six months ended June 30, 2019. As the Company elected not to separate lease and non-lease components for all classes of underlying assets and instead to account for them as a single lease component, the variable lease cost primarily represents variable payments such as common area maintenance and utilities. Future minimum operating lease payments as of June 30, 2020 are as follows:    2020, excluding the six months ended June 30, 2020 $ 273  2021 548  2022 536  2023 377  2024 250  Total future minimum rental commitments 1,984  Less - amounts representing interest (234)  Total operating lease liabilities $ 1,750 

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2020
Fair Value [Abstract]
Fair Value	NOTE 6 - FAIR VALUE Fair value is the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: Level 1 – Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2 – Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3 – Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Company used the following methods and significant assumptions to estimate the fair value of each type of asset and liability: Securities available for sale : The fair value of securities available for sale is determined using pricing models that vary based on asset class and include available trade, bid and other market information or matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2). Derivatives : The fair value of derivatives, which includes yield maintenance provisions, interest rate lock commitments and interest rate swaps, is based on valuation models using observable market data as of the measurement date (Level 2). TBA mortgage – back securities: To mitigate the effect of the interest rate risk inherent in providing rate lock commitments to borrowers, the Company enters into either a forward sales contract to sell loans to investors when using best efforts or a trade of “to be announced (TBA)” mortgage-backed securities for mandatory delivery. The forward sales contracts lock in a price for the sale of loans with similar characteristics to the specific rate lock commitments based on a valuation model using observable market data for pricing commitments (Level 2). Impaired loans: The fair value of impaired loans with specific allocations of the ALLL is generally based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Appraisals for collateral-dependent impaired loans are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by a third-party appraisal management company approved by the Board of Directors annually. Once received, the loan officer or a member of the credit department reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. Appraisals are updated as needed based on facts and circumstances associated with the individual properties. Real estate appraisals typically incorporate measures such as recent sales prices for comparable properties. Appraisers may make adjustments to the sales prices of the comparable properties as deemed appropriate based on the age, condition or general characteristics of the subject property. Management applies an additional discount to real estate appraised values, typically to reflect changes in market conditions since the date of the appraisal if warranted and to cover disposition costs (including selling expenses) based on the intended disposition method of the property. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. Loans held for sale: Loans held for sale are carried at fair value, as determined by outstanding commitments from third party investors (Level 2). Assets and liabilities measured at fair value on a recurring basis, including financial assets and liabilities for which the Company has elected the fair value option, are summarized below:    Fair Value Measurements at June 30, 2020 using Significant Other Observable Inputs  (Level 2)  (unaudited)  Financial Assets:  Securities available for sale:  Issued by U.S. government-sponsored entities and agencies:  U.S. Treasury $ 10,711  Mortgage-backed securities - residential 81  Collateralized mortgage obligations 10  Total securities available for sale $ 10,802  Loans held for sale $ 165,891  Yield maintenance provisions (embedded derivatives) $ 2,055  Interest rate lock commitments $ 15,402  Financial Liabilities:  Interest-rate swaps $ 2,055  TBA Mortgage-back securities $ 2,378     Fair Value Measurements at December 31, 2019 using Significant Other Observable Inputs  (Level 2)  Financial Assets:  Securities available for sale:  Issued by U.S. government-sponsored entities and agencies:  U.S. Treasury $ 8,017  Mortgage-backed securities - residential 130  Collateralized mortgage obligations 27  Total securities available for sale $ 8,174  Loans held for sale $ 135,711  Yield maintenance provisions (embedded derivatives) $ 12  Interest rate lock commitments $ 3,104  Financial Liabilities:  Interest-rate swaps $ 12  TBA Mortgage-backed securities $ 350  The Company had no assets or liabilities measured at fair value on a recurring basis that were measured using Level 1 or Level 3 inputs at June 30, 2020 or December 31, 2019. There were no transfers of assets or liabilities measured at fair value between levels during the periods ended June 30, 2020 and December 31, 2019. There were no assets or liabilities measured at fair value on a non-recurring basis at June 30, 2020. Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2019 are summarized below:     Fair Value Measurements at December 31, 2019 Using  Significant Unobservable Inputs (Level 3)   Impaired loans:  Commercial $ 84  Real Estate:  Single-family residential 106  Commercial:  Non-owner occupied 4,387  Total impaired loans $ 4,577  The Company had no material assets or liabilities measured at fair value on a non-recurring basis that were measured using Level 1 or Level 2 inputs at June 30, 2020 or December 31, 2019. There were no write-downs of impaired collateral dependent loans during the six months ended June 30, 2020 or 2019. Impaired loans that are measured for impairment using the fair value of the collateral for collateral dependent loans, had a principal balance of $4,612 , with a valuation allowance of $35 at December 31, 2019. During the six months ended June 30, 2020, the Company did not have any transfers of assets or liabilities between those measured using Level 1, 2 or 3 inputs. The Company recognizes transfers of assets and liabilities between Level 1, 2 and 3 inputs based on the information relating to those assets and liabilities at the end of the reporting period. There were no assets or liabilities measured at fair value on a non-recurring basis at June 30, 2020. The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2019:   Fair Value Valuation Technique(s) Unobservable Inputs (Range) Weighted Average  Impaired loans:  Commercial $ 84 Comparable sales approach Adjustment for differences between the comparable market transactions 2.06%  Real estate:  Single -family residential 106 Comparable sales approach Adjustment for differences between the comparable market transactions 3.61%  Commercial:  Non-owner occupied 4,387 Comparable sales approach Adjustment for differences between the comparable market transactions ( -2.58% , 14.00% ) 2.44%  Financial Instruments Recorded Using Fair Value Option The Company has elected the fair value option for loans held for sale. These loans are intended for sale and the Company believes that the fair value is the best indicator of the resolution of these loans. Loans originated as construction loans, that were subsequently transferred to held for sale, are carried at the lower of cost or market and are not included. Interest income is recorded based on the contractual terms of the loan and in accordance with the Company’s policy on loans held for investment. No ne of these loans were 90 days or more past due or on nonaccrual as of June 30, 2020 or December 31, 2019. As of June 30, 2020 and December 31, 2019, the aggregate fair value, contractual balance and gain or loss of loans held for sale were as follows:    June 30, 2020 December 31, 2019  (unaudited)  Aggregate fair value $ 165,891 $ 135,711  Contractual balance 159,718 133,993  Gain $ 6,173 $ 1,718  The total amount of gains and losses from changes in fair value included in earnings for the three and six months ended June 30, 2020 and 2019 for loans held for sale were:   Three months ended June 30, Six months ended June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Interest income $ 1,256 $ 275 $ 2,453 $ 490  Interest expense - - - -  Change in fair value 3,220 516 4,455 776  Total change in fair value $ 4,476 $ 791 $ 6,908 $ 1,266  The carrying amounts and estimated fair values of financial instruments at June 30, 2020 were as follows:    Fair Value Measurements at June 30, 2020 Using:  Carrying  (unaudited) Value Level 1 Level 2 Level 3 Total  Financial assets  Cash and cash equivalents $ 77,376 $ 77,376 $ - $ - $ 77,376  Interest-bearing deposits in other financial institutions 100 100 - - 100  Securities available for sale 10,802 - 10,802 - 10,802  Loans held for sale 165,891 - 165,891 - 165,891  Loans and leases, net 846,529 - - 856,282 856,282  FHLB and FRB stock 5,216 n/a n/a n/a n/a  Accrued interest receivable 3,845 1 44 3,800 3,845  Yield maintenance provisions (embedded derivatives) 2,055 - 2,055 - 2,055  Interest rate lock commitments 15,402 - 15,402 - 15,402   Financial liabilities  Deposits $ (849,038) $ (448,685) $ (408,995) $ - $ (857,680)  FHLB advances and other borrowings (165,806) - (167,298) - (167,298)  Advances by borrowers for taxes and insurance (782) - - (782) (782)  Subordinated debentures (14,825) - (15,622) - (15,622)  Accrued interest payable (229) - (229) - (229)  Interest-rate swaps (2,055) - (2,055) - (2,055)  TBA mortgage-back securities (2,378) - (2,378) - (2,378)  The carrying amounts and estimated fair values of financial instruments at December 31, 2019 were as follows:    Fair Value Measurements at December 31, 2019 Using:  Carrying  Value Level 1 Level 2 Level 3 Total  Financial assets  Cash and cash equivalents $ 45,879 $ 45,879 $ - $ - $ 45,879  Interest-bearing deposits in other financial institutions 100 100 - - 100  Securities available for sale 8,174 - 8,174 - 8,174  Loans held for sale 135,711 - 135,711 - 135,711  Loans and leases, net 663,303 - - 664,152 664,152  FHLB and FRB stock 4,008 n/a n/a n/a n/a  Accrued interest receivable 2,749 25 40 2,684 2,749  Yield maintenance provisions (embedded derivatives) 12 - 12 - 12  Interest rate lock commitments 3,104 - 3,104 - 3,104   Financial liabilities  Deposits $ (746,323) $ (382,173) $ (367,375) $ - $ (749,548)  FHLB advances and other borrowings (29,017) - (29,669) - (29,669)  Advances by borrowers for taxes and insurance (929) - - (929) (929)  Subordinated debentures (14,806) - (15,940) - (15,940)  Accrued interest payable (208) - (208) - (208)  Interest-rate swaps (12) - (12) - (12)  TBA mortgage-backed securities (350) - (350) - (350)  The methods and assumptions, not previously presented, used to estimate fair values are described below. Cash and Cash Equivalents and Interest-Bearing Deposits in Other Financial Institutions The carrying amounts of cash and short-term instruments approximate fair values and are classified as Level 1. FHLB and FRB Stock It is not practical to determine the fair value of FHLB and FRB stock due to restrictions placed on its transferability. Loans and Leases Fair values of loans and leases as of June 30, 2020, excluding loans held for sale, are estimated utilizing an exit pricing methodology as follows: For variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values resulting in a Level 3 classification. Fair values for other loans are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality resulting in a Level 3 classification. The discount rate for the discounted cash flow analyses includes a credit quality adjustment. Impaired loans are valued at the lower of cost or fair value as described previously. Deposits The fair values disclosed for demand deposits (e.g., interest and noninterest bearing checking, passbook savings, and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amount) resulting in a Level 1 classification. Fair values for fixed rate certificates of deposit are estimated using a discounted cash flows calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits resulting in a Level 2 classification. FHLB Advances and Other Debt The fair values of the Company’s long-term FHLB and credit facility advances are estimated using discounted cash flow analyses based on the current borrowing rates for similar types of borrowing arrangements resulting in a Level 2 classification. The fair values of the Company’s subordinated debentures are estimated using discounted cash flow analyses based on the current borrowing rates for similar types of borrowing arrangements resulting in a Level 2 classification. The PPPLF funding has a fixed rate of 0.35% for all participants; thus the carrying value approximates the estimated fair value and represents a Level 2 measurement. Accrued Interest Receivable/Payable The carrying amounts of accrued interest approximate fair value resulting in a Level 1, 2 or 3 classification, consistent with the asset or liability with which they are associated. Advances by Borrowers for Taxes and Insurance The carrying amount of advances by borrowers for taxes and insurance approximates fair value resulting in a Level 3 classification, consistent with the liability with which they are associated. Off-Balance-Sheet Instruments The fair value of off-balance-sheet items is not considered material.

Subordinated Debentures

Subordinated Debentures	6 Months Ended
	Jun. 30, 2020
Subordinated Debentures [Abstract]
Subordinated Debentures	NOTE 7 – SUBORDINATED DEBENTURES 2003 Subordinated debentures: In December 2003, Central Federal Capital Trust I, a trust formed by the Holding Company, closed a pooled private offering of 5,000 trust preferred securities with a liquidation amount of $1 per security. The Holding Company issued $5,155 of subordinated debentures to the trust in exchange for ownership of all of the common stock of the trust and the proceeds of the preferred securities sold by the trust . The Holding Company is not considered the primary beneficiary of this trust (which is classified as a variable interest entity); therefore, the trust is not consolidated in the Company’s financial statements, but rather the subordinated debentures are shown as a liability. The Holding Company’s investment in the common stock of the trust was $155 and is included in other assets. The Holding Company may redeem the subordinated debentures, in whole or in part, in a principal amount with integral multiples of $1 , at 100% of the principal amount, plus accrued and unpaid interest. The subordinated debentures mature on December 30, 2033 . The subordinated debentures are also redeemable in whole or in part from time to time, upon the occurrence of specific events defined within the trust indenture. There are no required principal payments on the subordinated debentures over the next five years. The Holding Company has the option to defer interest payments on the subordinated debentures for a period not to exceed five consecutive years. The subordinated debentures have a variable rate of interest, reset quarterly, equal to the three-month London Interbank Offered Rate (LIBOR) plus 2.85% , which was 4.22% at June 30, 2020 and 4.81% at December 31, 2019. 2018 Fixed-to-floating rate subordinated notes: In December 2018, the Holding Company entered into subordinated note purchase agreements with certain qualified institutional buyers and completed a private placement of $10 million of fixed-to-floating rate subordinated notes with a maturity date of December 30, 2028 pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506(b) of Regulation D promulgated thereunder. The subordinated notes initially bear interest at 7.00% , from and including December 20, 2018, to but excluding December 30, 2023, payable semi-annually in arrears on June 30 and December 30 of each year. From and including December 30, 2023, to but excluding December 30, 2028 or the earlier redemption of the notes, the interest rate will reset quarterly to an interest rate equal to the then current three-month LIBOR (but not less than zero) plus 4.14% , payable quarterly in arrears on March 30, June 30, September 30, and December 30 of each year. The Holding Company may, at its option, redeem the notes beginning on December 30, 2023 and on any scheduled interest payment date thereafter. After payment of approximately $388 of debt issuance costs, the Holding Company’s net proceeds were approximately $9,612 . At June 30, 2020, the balance of the subordinated notes, net of unamortized debt issuance costs, was $9,670 .

FHLB Advances And Other Debt

FHLB Advances And Other Debt	6 Months Ended
	Jun. 30, 2020
FHLB Advances And Other Debt [Abstract]
FHLB Advances And Other Debt	NOTE 8 – FHLB ADVANCES AND OTHER DEBT FHLB advances and other debt were as follows:    Weighted  Average Rate June 30, 2020 December 31, 2019  FHLB fixed rate advances:  Maturities:  2020 2.15% $ 3,500 $ 4,500  2021 1.63% 7,500 4,000  2022 1.16% 10,000 1,500  2023 0.92% 3,500 -  2024 1.90% 6,500 6,500  Total FHLB fixed rate advances 31,000 16,500   Fixed rate other debt:  FRB PPPLF advances 0.35% 125,056 -   Variable rate other debt:  Holding Company credit facility 4.00% 9,750 5,000  Warehouse facility - - 7,517  Total variable rate other debt 9,750 12,517  Total $ 165,806 $ 29,017  Each FHLB advance is payable at its maturity date, with a prepayment penalty for fixed-rate advances. The Holding Company had an existing credit facility with a third-party bank which was modified to a $10,000 revolving line-of-credit in December 2018. In December 2019, the $5,000 outstanding balance on the existing line-of-credit was converted to a $5,000 term loan with an additional $10,000 revolving line-of-credit. The new term loan requires quarterly principal payments of $125 plus accrued interest. Any remaining principal is due and payable on the maturity date, which is December 23, 2022 . Loans under the credit facility bear interest at a rate equal to the Prime Rate plus 0.75% . The purpose of the credit facility is to provide an additional source of liquidity for the Holding Company and to provide funds for the Holding Company to downstream as additional capital to CFBank to support growth. As of June 30, 2020, the Company had an outstanding balance of $4,750 on the term loan and a $5,000 outstanding balance on the revolving line-of-credit. At December 31, 2019, the term loan had an outstanding balance of $5,000 and no outstanding balance on the line of credit facility. At June 30, 2020, CFBank had $8,000 of availability in an unused line of credit at a commercial bank. There were no outstanding borrowings on this line at June 30, 2020 and December 31, 2019. During the third quarter of 2019, CFBank added an additional $15,000 line of credit at another commercial bank. There was no outstanding borrowings on this line of credit at June 30, 2020 and December 31, 2019. Interest on any principal amounts outstanding from time to time under these lines accrue s daily at a variable rate based on the commercial bank’s cost of funds and current market returns. During the fourth quarter of 2019, CFBank entered into a $25,000 warehouse facility with a commercial bank. The warehouse facility is used to periodically fund loans held for sale from the close (funding) date until they are sold in the secondary market. Borrowings on the facility bear interest at the greater of the 30-day LIBOR plus 2.00% or 4.00% and are secured by the specific loans that were funded. This warehouse facility had an no outstanding balance at June 30, 2020 and an outstanding balance of $7,517 at December 31, 2019. During the second quarter of 2020, CFBank entered into an additional $75,000 warehouse facility with a commercial bank. The warehouse facility is used to periodically fund loans held for sale from the close (funding) date until they are sold in the secondary market. Borrowings on the facility bear interest at the greater of the 30-day LIBOR plus 1.75% or 3.50% and are secured by the specific loans that were funded. This warehouse facility had no outstanding balance at June 30, 2020 and December 31, 2019 . To support the effectiveness of the PPP loans, the Federal Reserve introduced the PPPLF to extend credit to financial institutions that made PPP loans, with the related PPP loans used as collateral on the borrowings. The PPPLF borrowings have a fixed interest rate of 0.35% and a maturity equal to the maturity date of the related PPP loans, with the PPP loans maturing two years from the origination date of the PPP loan. At June 30, 2020, the Company’s PPP loans and related PPPLF funding had a weighted average life of approximately two years. At June 30, 2020, the principal balance of PPPLF advances outstanding was $125,056 .

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2020
Stock-Based Compensation [Abstract]
Stock-Based Compensation	NOTE 9 – STOCK-BASED COMPENSATION The Company has two stock-based compensation plans (collectively, the “Plans”), as described below, under which awards are outstanding or may be granted in the future. Total compensation cost that has been charged against income for those Plans totaled $207 and $350 , respectively, for the three and six months ended June 30, 2020 and $138 and $254 , respectively, for the three and six months June 30, 2019. The total income tax effect was $43 and $73 , respectively, for the three and six months ended June 30, 2020 and $29 and $53 , respectively, for the three and six months ended June 30, 2019. The Plans are all stockholder-approved plans and authorize stock option grants and restricted stock awards to be made to directors, officers and employees. The 2009 Equity Compensation Plan (the “2009 Plan”), which was approved by stockholders on May 21, 2009, replaced the Company’s 2003 equity compensation plan (the “2003 Plan”) and provided for 36,363 shares, plus any remaining shares available to grant or that are later forfeited or expire under the 2003 Plan, to be made available to be issued as stock option grants, stock appreciation rights or restricted stock awards. On May 16, 2013, the Company’s stockholders approved the First Amendment to the 2009 Plan to increase the number of shares of common stock reserved for stock option grants and restricted stock awards thereunder to 272,727 . The 2019 Equity Incentive Plan (the “2019 Plan”), which was approved by stockholders on May 29, 2019, authorizes up to 300,000 shares (plus any shares that are subject to grants under the 2009 Plan and that are later forfeited or expire), to be awarded pursuant to stock options, stock appreciation rights, restricted stock or restricted stock units. Stock Options: The Plans permit the grant of stock options to directors, officers and employees of the Holding Company and CFBank. Option awards are granted with an exercise price equal to the market price of the Company’s common stock on the date of grant, generally have vesting periods ranging from one to three years, and are exercisable for ten years from the date of grant. Unvested stock options immediately vest upon a change of control. The fair value of each option award is estimated on the date of grant using a closed form option valuation (Black-Scholes) model that uses the assumptions noted in the table below. Expected volatilities are based on historical volatilities of the Company’s common stock. The Company uses historical data to estimate option exercise and post-vesting termination behavior. Employee and management options are tracked separately. The expected term of options granted is based on historical data and represents the period of time that options granted are expected to be outstanding, which takes into account that the options are not transferable. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. There were no options granted during the six months ended June 30, 2020 and June 30, 2019. There were 4,545 options exercised during the six months ended June 30, 2020 and no options exercised during the six months ended June 30, 2019. A summary of stock option activity in the Plans for the six months ended June 30, 2020 follows (unaudited):    Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Intrinsic Value  Outstanding at beginning of year 95,438 $ 7.64  Exercised (4,545) 7.98  Cancelled or forfeited (14) 17.33  Outstanding at end of period 90,879 $ 7.62 2.9 $ 258   Exercisable at end of period 90,879 $ 7.62 2.9 $ 258  During the six months ended June 30, 2020, there were 14 stock options canceled, forfeited or expired. There were 925 stock options canceled, forfeited or expired during the six months ended June 30, 2019. As of June 30, 2020, all stock options granted under the Plans were vested. Restricted Stock Awards: The Plans also permit the grant of restricted stock awards to directors, officers and employees. Compensation is recognized over the vesting period of the awards based on the fair value of the stock at grant date. The fair value of the stock is determined using the closing share price on the date of grant and shares generally have vesting periods of one to three years. There were no shares of restricted stock granted under the Plan during the six months ended June 30, 2020. There were 33,788 shares of restricted stock granted during the three months ended June 30, 2019. A summary of changes in the Company’s nonvested restricted stock awards as of June 30, 2020 follows (unaudited):     Nonvested Shares Shares Weighted Average Grant-Date Fair Value  Nonvested at January 1, 2020 102,916 $ 13.11  Granted - -  Vested (17,092) 12.89  Forfeited (5,234) 12.81  Nonvested at June 30, 2020 80,590 $ 13.17  As of June 30, 2020 and 2019, the unrecognized compensation cost related to nonvested restricted stock awards granted under the Plans was $805 and $972 , respectively. There were 5,234 shares of restricted stock forfeited during the six month period ended June 30, 2020 . There were 1,493 shares of restricted stock forfeited during the six months ended June 30, 2019. There were 17,092 shares of restricted stock that vested during the six months ended June 30, 2020 and no shares of restricted stock that vested during the six months ended June 30, 2019. The 2009 Plan terminated in accordance with its terms on March 19, 2019 and, as a result, no further awards may be granted under the 2009 Plan. There were 269,704 shares remaining available for awards of stock option grants, stock appreciation rights, restricted stock awards or restricted stock units under the 2019 Plan at June 30, 2020.

Regulatory Capital Matters

Regulatory Capital Matters	6 Months Ended
	Jun. 30, 2020
Regulatory Capital Matters [Abstract]
Regulatory Capital Matters	NOTE 10 – REGULATORY CAPITAL MATTERS CFBank is subject to regulatory capital requirements administered by federal banking agencies. Prompt corrective action regulations involve quantitative measures of assets, liabilities, and certain off balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators. Failure to meet capital requirements can initiate regulatory action. Prompt corrective action regulations provide five classifications for banking organizations: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized, although these terms are not used to represent overall financial condition. If a banking organization is classified as adequately capitalized, regulatory approval is required to accept brokered deposits. If a banking organization is classified as undercapitalized, capital distributions are limited, as is asset growth and expansion, and capital restoration plans are required. In July 2013, the Holding Company’s primary federal regulator, the FRB, published final rules (the “Basel III Capital Rules”) establishing a new comprehensive capital framework for U.S. banking organizations. The rules implement the Basel Committee's December 2010 framework known as “Basel III” for strengthening international capital standards as well as certain provisions of the Dodd-Frank Act. The Basel III Capital Rules provide higher capital requirements and more restrictive leverage and liquidity ratios than those previously in place. In addition, in order to avoid limitations on capital distributions, such as dividend payments and certain bonus payments to executive officers, the Basel III Capital Rules require insured financial institutions to hold a capital conservation buffer of common equity tier 1 capital above the minimum risk-based capital requirements. The capital conservation buffer was phased in over time, became fully effective on January 1, 2019, and consists of an additional amount of common equity equal to 2.5% of risk-weighted assets. The Basel III Capital Rules revise the regulatory agencies' prompt corrective action framework by incorporating the new regulatory capital minimums and updating the definition of common equity. The Basel III Capital Rules became effective for the Company on January 1, 2015, and were fully phased in effective January 1, 2019. Quantitative measures established by the Basel III Capital Rules to ensure capital adequacy require the maintenance of minimum amounts and ratios of Common Equity Tier 1 capital, Tier 1 capital and Total capital, as defined in the regulations, to risk-weighted assets, and of Tier 1 capital to adjusted quarterly average assets (“Leverage Ratio”). CFBank’s implementation of the new rules on January 1, 2015 did not have a material impact on our capital needs or classification. As fully phased in on January 1, 2019, the Basel III Capital Rules require CFBank to maintain: 1) a minimum ratio of Common Equity Tier 1 capital to risk-weighted assets of 4.5% , plus a 2.5% “capital conservation buffer” (resulting in a minimum ratio of Common Equity Tier 1 capital to risk-weighted assets of 7.0% upon full implementation); 2) a minimum ratio of Tier 1 capital to risk-weighted assets of 6.0% , plus the capital conservation buffer (resulting in a minimum Tier 1 capital ratio of 8.5% upon full implementation); 3) a minimum ratio of Total capital to risk-weighted assets of 8.0% , plus the capital conservation buffer (resulting in a minimum Total capital ratio of 10.5% upon full implementation); and 4) a minimum Leverage Ratio of 4.0% . The implementation of the capital conservation buffer began on January 1, 2016 at the 0.625% level and was phased in over a four -year period increasing by increments of that amount on each subsequent January 1 until it reached 2.5% on January 1, 2019. The capital conservation buffer is designed to absorb losses during periods of economic stress. Failure to maintain the minimum Common Equity Tier 1 capital ratio plus the capital conservation buffer will result in potential restrictions on a banking institution’s ability to pay dividends, repurchase stock and/or pay discretionary compensation to its employees. The following tables present actual and required capital ratios as of June 30, 2020 and December 31, 2019 for CFBank under the Basel III Capital Rules. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations, as amended to reflect the changes under the Basel III Capital Rules.    Actual Minimum Capital Required-Basel III Fully Phased-In To Be Well Capitalized Under Applicable Regulatory Capital Standards  Amount Ratio Amount Ratio Amount Ratio  June 30, 2020  Total Capital to risk weighted assets $ 116,380 14.01% $ 87,231 10.50% $ 83,077 10.00%  Tier 1 (Core) Capital to risk weighted assets 106,086 12.77% 70,615 8.50% 66,461 8.00%  Common equity tier 1 capital to risk-weighted assets 106,086 12.77% 58,154 7.00% 54,000 6.50%  Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 106,086 10.44% 40,637 4.00% 50,796 5.00%     Actual Minimum Capital Required-Basel III Fully Phased-In To Be Well Capitalized Under Applicable Regulatory Capital Standards  Amount Ratio Amount Ratio Amount Ratio  December 31, 2019  Total Capital to risk weighted assets $ 95,164 12.96% $ 77,097 10.50% $ 73,425 10.00%  Tier 1 (Core) Capital to risk weighted assets 87,857 11.97% 62,412 8.50% 58,740 8.00%  Common equity tier 1 capital to risk-weighted assets 87,857 11.97% 51,398 7.00% 47,726 6.50%  Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 87,857 10.58% 33,221 4.00% 41,526 5.00%  CFBank converted from a mutual to a stock institution in 1998, and a “liquidation account” was established in the amount of $ 14,300 , which was the net worth reported in the conversion prospectus. The liquidation account represents a calculated amount for the purposes described below, and it does not represent actual funds included in the consolidated financial statements of the Company. Eligible depositors who have maintained their accounts, less annual reductions to the extent they have reduced their deposits, would be entitled to a priority distribution from this account if CFBank liquidated and its assets exceeded its liabilities. Dividends may not reduce CFBank’s stockholder’s equity below the required liquidation account balance. Dividend Restrictions: Banking regulations require us to maintain certain capital levels and may limit the dividends paid by CFBank to the Holding Company or by the Holding Company to stockholders. The ability of the Holding Company to pay dividends on its stock is dependent upon the amount of cash and liquidity available at the Holding Company level, as well as the receipt of dividends and other distributions from CFBank to the extent necessary to fund such dividends. The Holding Company is a legal entity that is separate and distinct from CFBank, which has no obligation to make any dividends or other funds available for the payment of dividends by the Holding Company. The Holding Company also is subject to various legal and regulatory policies and guidelines impacting the Holding Company’s ability to pay dividends on its stock. In addition, the Holding Company’s ability to pay dividends on its stock is conditioned upon the payment, on a current basis, of quarterly interest payments on the subordinated debentures underlying the Company’s trust preferred securities. Finally, under the terms of the Holding Company’s fixed-to-floating rate subordinated debt, the Holding Company’s ability to pay dividends on its stock is conditioned upon the Holding Company continuing to make required principal and interest payments, and not incurring an event of default, with respect to the subordinated debt. Additionally, CFBank does not intend to make distributions to the Holding Company that would result in a recapture of any portion of its thrift bad debt reserve as discussed in Note 12-Income Taxes.

Derivative Instruments

Derivative Instruments	6 Months Ended
	Jun. 30, 2020
Derivative Instruments [Abstract]
Derivative Instruments	NOTE 11 – DERIVATIVE INSTRUMENTS Interest-rate swaps: CFBank utilizes interest-rate swaps as part of its asset/liability management strategy to help manage its interest rate risk position, and does not use derivatives for trading purposes. The notional amount of the interest-rate swaps does not represent amounts exchanged by the parties. The amount exchanged is determined by reference to the notional amount and the other terms of the individual interest-rate swap agreements. CFBank was party to interest-rate swaps with a combined notional amount of $ 31,391 at June 30, 2020 and $12,039 at December 31, 2019. The objective of the interest-rate swaps is to protect the related fixed-rate commercial real estate loans from changes in fair value due to changes in interest rates. CFBank has a program whereby it lends to its borrowers at a fixed rate with the loan agreement containing a two-way yield maintenance provision, which will be invoked in the event of prepayment of the loan, and is expected to exactly offset the fair value of unwinding the swap. The yield maintenance provision represents an embedded derivative which is bifurcated from the host loan contract and, as such, the swaps and embedded derivatives are not designated as hedges. Accordingly, both instruments are carried at fair value and changes in fair value are reported in current period earnings. CFBank currently does not have any derivatives designated as hedges. The counterparty to CFBank’s interest-rate swaps is exposed to credit risk whenever the interest-rate swaps are in a liability position. At June 30, 2020, CFBank had $2,456 in securities and cash pledged as collateral for these derivatives. Should the liability increase, beyond the collateral value, CFBank will be required to pledge additional collateral. Additionally, CFBank’s interest-rate swap instruments contain provisions that require CFBank to remain well capitalized under regulatory capital standards and to require with certain other regulatory requirements . The interest-rate swaps may be called by the counterparty if CFBank fails to maintain well-capitalized status under regulatory capital standards or becomes subject to certain adverse regulatory events such as a regulatory cease and desist order . As of June 30, 2020, CFBank was well-capitalized under regulatory capital standards and was not subject to any adverse regulatory events specified in CFBank’s interest-rate swap instruments . Summary information about the derivative instruments is as follows:    June 30, 2020 December 31, 2019  (unaudited)  Notional amount $ 31,391 $ 12,039  Weighted average pay rate on interest-rate swaps 4.35% 4.66%  Weighted average receive rate on interest-rate swaps 3.06% 4.63%  Weighted average maturity (years) 8.2 7.3  Fair value of interest-rate swaps $ (2,055) $ (12)  Fair value of yield maintenance provisions 2,055 12  As of June 30, 2020, CFBank has minimum collateral posting thresholds with certain of its interest-rate swap counterparties and has posted cash collateral of $2,391 . T he fair value of the yield maintenance provisions and interest-rate swaps is recorded in other assets and other liabilities, respectively, in the consolidated balance sheet. Changes in the fair value of the yield maintenance provisions and interest-rate swaps are reported currently in earnings, as other noninterest income in the consolidated statements of income. There were no net gains or losses recognized in earnings related to yield maintenance provisions and interest-rate swaps for the three months ended June 30, 2020 or 2019. Mortgage banking derivatives: Commitments to fund certain mortgage loans (interest rate locks) to be sold into the secondary market are considered derivatives. These mortgage banking derivatives are not designated in hedge relationships. The Company had approximately $ 668,009 and $ 297,454 of interest rate lock commitments related to residential mortgage loans at June 30, 2020 and December 31, 2019, respectively. The fair value of these mortgage banking derivatives was reflected by a derivative asset of $15,402 and $3,104 at June 30, 2020 and December 31, 2019, respectively, which was included in other assets in the consolidated balance sheet. Fair values were estimated based on anticipated gains on the sale of the underlying loans. Changes in the fair values of these mortgage banking derivatives are included in net gains on sales of loans.  Mortgage banking activities include two types of commitments: rate lock commitments and forward loan commitments. Rate lock commitments are loans in our pipeline that have an interest rate locked with the customer. The commitments are generally for periods of 30 - 60 days and are at market rates. In order to mitigate the effect of the interest rate risk inherent in providing rate lock commitments, we economically hedge our commitments by entering into either a forward loan sales contract under best efforts or a trade of “to be announced (TBA)” mortgage-backed securities (“notional securities”) for mandatory delivery. The Company had approximately $402,250 and $225,500 of TBA mortgage-backed securities at June 30, 2020 and December 31, 2019, respectively. The fair value of these TBA mortgage-backed securities was ( $2,378 ) and ( $350 ) at June 30, 2020 and December 31, 2019, respectively, which is included in other liabilities on the consolidated balance sheet. The changes in fair value related to movements in market rates of the rate lock commitments and the forward loan sales contracts and notional securities generally move in opposite directions, and the net impact of changes in these valuations on net income during the loan commitment period is generally inconsequential. The Company has not formally designated these derivatives as a qualifying hedge relationship and, accordingly, accounts for such forward contracts as freestanding derivatives with changes in fair value recorded to earnings each period . The following table reflects the amount and market value of mortgage banking derivatives included in the consolidated balance sheet as of the period end (in thousands):    June 30, 2020 December 31, 2019  Notional Amount Fair Value Notional Amount Fair Value  Assets (Liabilities):  Interest rate commitments $ 668,009 $ 15,402 $ 297,454 $ 3,104  TBA mortgage-back securities 402,250 (2,378) 225,500 (350)   As of June 30, 2020, CFBank has minimum collateral posting thresholds with certain of its derivative counterparties and has posted cash collateral of $2,192 . The following table represents the revenue recognized on mortgage activities for the three and six months ended June 30, 2020 and 2019 (unaudited):    Three months ended Six months ended  June 30, June 30,  2020 2019 2020 2019  Gain on loans sold $ 11,901 $ 1,884 $ 17,482 $ 3,116  Gain (loss) from change in fair value of loans held-for-sale 3,220 516 4,455 776  Gain (loss) from change in fair value of derivatives 4,455 (49) 483 (90)  $ 19,576 $ 2,351 $ 22,420 $ 3,802  

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2020
Income Taxes [Abstract]
Income Taxes	NOTE 12 – INCOME TAXES At June 30, 2020, the Company had a deferred tax asset recorded in the amount of approximately $1,600 . At December 31, 2019, the Company had a deferred tax asset recorded of approximately $1,700 . At June 30, 2020 and December 31, 2019, the Company had no unrecognized tax benefits recorded. The Company is subject to U.S. federal income tax and is no longer subject to federal examination for years prior to 2016. Our deferred tax assets are composed of U.S. net operating losses (“NOLs”), and other temporary book to tax differences. When determining the amount of deferred tax assets that are more-likely-than-not to be realized, and therefore recorded as a benefit, the Company conducts a regular assessment of all available information. This information includes, but is not limited to, taxable income in prior periods, projected future income and projected future reversals of deferred tax items. Based on these criteria, the Company determined as of June 30, 2020 that no valuation allowance was required against the net deferred tax asset. In 2012 the Company completed a recapitalization program pursuant to which the Holding Company sold $22,500 in common stock, which improved the capital levels of CFBank and provided working capital for the Holding Company. The result of the change in stock ownership associated with the stock offering, however, was that the Company incurred an ownership change within the guidelines of Section 382 of the Internal Revenue Code of 1986. At June 30, 2020, the Company had net operating loss carryforwards of $22,579 , which expire at various dates from 2024 to 2033 . As a result of the ownership change, the Company's ability to utilize carryforwards that arose before the 2012 stock offering closed is limited to $163 per year. Due to this limitation, management determined it is more likely than not that $20,520 of net operating loss carryforwards will expire unutilized. As required by accounting standards, the Company reduced the carrying value of deferred tax assets, and the corresponding valuation allowance, by the $6,977 tax effect of this lost realizability. Federal income tax laws provided additional deductions, totaling $2,250 , for thrift bad debt reserves established before 1988. Accounting standards do not require a deferred tax liability to be recorded on this amount, which otherwise would have totaled $473 at year-end 2019. However, if CFBank were wholly or partially liquidated or otherwise ceases to be a bank, or if tax laws were to change, this amount would have to be recaptured and a tax liability recorded. Additionally, any distributions in excess of CFBank’s current or accumulated earnings and profits would reduce amounts allocated to its bad debt reserve and create a tax liability for CFBank. The Company records income tax expense based on the federal statutory rate adjusted for the effect of low income housing credits, bank owned life insurance and other miscellaneous items. The effective tax rate for the three and six months ended June 30, 2020 was approximately 20.7% and 20.7% , respectively, and 20.4% and 20.2% , respectively, for the three and six months ended June 30, 2019, which management believes is a reasonable estimate for the effective tax rate. The following table summarizes the major components creating differences between income taxes at the federal statutory tax rate and the effective tax rate recorded in the consolidated statements of income for the three and six months ended June 30, 2020 and 2019:    For the three months ended June 30, For the six months ended June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Statutory tax rate 21.0% 21.0% 21.0% 21.0%  Increase (decrease) resulting from:  Restricted stock 0.0% 0.0% 0.1% 0.0%  Tax exempt income on bank owned life insurance (0.1%) (0.3%) (0.1%) (0.3)%  Low income housing credits (0.2%) (0.5%) (0.3%) (0.6%)  Other, net 0.0% 0.2% 0.0% 0.1%  Effective tax rate 20.7% 20.4% 20.7% 20.2%

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	6 Months Ended
	Jun. 30, 2020
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income	NOTE 13- ACCUMULATED OTHER COMPREHENSIVE INCOME  The following table summarizes the changes within each classification of accumulated other comprehensive income, net of tax, for the three and six months ended June 30, 2020 and 2019 and summarizes the significant amounts reclassified out of each component of accumulated other comprehensive income (loss):    Changes in Accumulated Other Comprehensive Income by Component (1)   Three months ended Six months ended  June 30, June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Unrealized Gains and Losses on Available-for-Sale Securities Unrealized Gains and Losses on Available-for-Sale Securities   Accumulated other comprehensive income (loss), beginning of period $ 172 $ (38) $ 28 $ (73)  Other comprehensive income (loss) before reclassifications (2) (26) 52 118 87  Net current-period other comprehensive income (loss) (26) 52 118 87  Accumulated other comprehensive income, end of period $ 146 $ 14 $ 146 $ 14  (1) All amounts are net of tax. Amounts in parentheses indicate a reduction of other comprehensive income. (2) There were no am ounts reclassified out of other comprehensive income for the three and six months ended June 30, 2020 and 2019.

Preferred Stock

Preferred Stock	6 Months Ended
	Jun. 30, 2020
Preferred Stock [Abstract]
Preferred Stock	NOTE 14 - PREFERRED STOCK Series B Preferred Stock: Commencing in April 2014, the Company conducted a private placement of up to 480,000 shares of its 6.25% Non-Cumulative Convertible Perpetual Preferred Stock, Series B (“Series B Preferred Stock”) for an offering price of $25.00 per share (the “2014 Private Placement”). Pursuant to the Private Placement, the Company sold an aggregate of 480,000 shares of Series B Preferred Stock on May 12, 2014 and July 15, 2014, for an aggregate offering price of $12,000 . After payment of approximately $482 in placement fees and approximately $149 of other offering expenses, the Company’s net proceeds from its sale of the 480,000 shares of Series B Preferred Stock in the Private Placement were approximately $11,369 . For each share of Series B Preferred Stock sold in the Private Placement, the Company also issued, at no additional charge, a Warrant to purchase common stock of the Company. See Note 15-Common Stock Warrants for additional information.  Conversion of Series B Preferred Stock to Common Stock: On September 29, 2017, the Company announced the conversion of its Series B Preferred Stock into shares of Common Stock of the Company. The conversion was effective October 6, 2017, and resulted in the conversion of all 480,000 of the Company’s issued and outstanding shares of Series B Preferred Stock into approximately 6,857,143 shares of Common Stock (prior to the 1-for-5.5 reverse stock split effective August 20, 2018), or approximately 1,246,753 shares of Common Stock (on a post-reverse-split basis). The conversion of the Series B Preferred Stock resulted in the elimination of the non-cumulative preferred dividend payments on the Series B Preferred Stock in the aggregate amount of approximately $188 quarterly ( $750 annually) beginning with the 4 th quarter of 2017 .  Series C Preferred Stock: On October 25, 2019, the Company entered into a Securities Purchase Agreement with certain accredited investors in a private placement for an aggregate offering price of approximately $25 million, pursuant to which on October 31, 2019, the Holding Company sold (i) 849,615 shares of the Company’s common stock, at a purchase price of $12.00 per share and (ii) 12,337 shares of a new series of the Company’s non-voting convertible perpetual preferred stock, Series C, par value $0.01 per share (the “Series C Preferred Stock”), at a purchase price of $1,200.00 per share. Each share of Series C Preferred Stock was convertible either (i) automatically into 100 shares of the Company’s non-voting common stock, par value $0.01 per share (which will also be convertible into Common Stock) (the “Non-Voting Common Stock”), effective as of the close of business on the date that the Company obtained stockholder approval for, and file d , a Certificate of Amendment to the Company’s Certificate of Incorporation to authorize such class of Non-Voting Common Stock; or (ii) unless previously converted into shares of Non-Voting Common Stock, into 100 shares of the Company’s common stock upon transfer of such shares of Series C Preferred Stock to a non-affiliate of the holder in specified permitted transactions. On March 30, 2020, the Company entered into an Exchange Agreement providing for the exchange of 27,000 of the shares of common stock purchased in the private placement for 270 additional shares of Series C Preferred Stock (at the Series C Preferred Stock’s current conversion ratio of 100 shares of common stock for each share of Series C Preferred Stock). The exchange of common stock for Series C Preferred Stock was effected in order to accommodate and facilitate the Company’s stock repurchase program announced on March 13, 2020. The exchange resulted in an increase in the number of outstanding shares of Series C Preferred Stock from 12,337 to 12,607 .  Conversion of Series C Preferred Stock to Non-Voting Common Stock: On May 27, 2020, an amendment to the Company’s Certificate of Incorporation, as amended (the “Certificate of Amendment”), to authorize a separate class of Non-Voting Common Stock was approved by the stockholders of the Company at the Company’s 2020 annual meeting of stockholders. On May 28, 2020, the Company filed with the Delaware Secretary of State a Certificate of Amendment to the Company’s Certificate of Incorporation to authorize 1,260,700 shares of Non-Voting Common Stock. Effective as of the close of business on May 28, 2020, all 1,260,700 authorized shares of Non-Voting Common Stock were issued upon conversion of the 12,607 outstanding shares of the Company’s Series C Preferred Stock. Pursuant to the terms of the Series C Preferred Stock, each outstanding share of Series C Preferred Stock converted automatically into 100 shares of Non-Voting Common Stock at such time.

Common Stock Warrants

Common Stock Warrants	6 Months Ended
	Jun. 30, 2020
Common Stock Warrants [Abstract]
Common Stock Warrants	NOTE 15 - COMMON STOCK WARRANTS Series B Preferred Stock – Warrants: For each share of Series B Preferred Stock issued by the Company in the 2014 Private Placement, the Company also issued, at no additional charge, a Warrant to purchase shares of common stock of the Company. Warrants to purchase an aggregate of 1,152,125 shares of common stock (or 209,477 shares on a post-reverse-split basis) were issued by the Company to the purchasers of the 480,000 shares of Series B Preferred Stock sold in the Private Placement. The Warrants were exercisable for a period of approximately five (5) years expiring on July 15, 2019 , at an exercise price of $10.18 (on a post-reverse-split basis) per share of common stock. All of the unexercised Warrants expired on July 15, 2019 and, therefore, there were no Warrants outstanding as of June 30, 2020 .

Summary Of Significant Accoun_2

Summary Of Significant Accounting Policies (Policy)	6 Months Ended
	Jun. 30, 2020
Summary Of Significant Accounting Policies [Abstract]
Basis Of Presentation	Basis of Presentation : The consolidated financial statements include CF Bankshares Inc. (formerly known as Central Federal Corporation) (the “Holding Company”) and its wholly-owned subsidiary, CFBank, National Association (“CFBank”). The Holding Company and CFBank are sometimes collectively referred to herein as the “Company”. Intercompany transactions and balances are eliminated in consolidation. The accompanying unaudited interim consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) and in compliance with U.S. generally accepted accounting principles (GAAP). Because this report is based on an interim period, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted. In the opinion of the management of the Company, the accompanying unaudited interim consolidated financial statements include all adjustments necessary for a fair presentation of the Company’s financial condition and the results of operations for the periods presented. These adjustments are of a normal recurring nature, unless otherwise disclosed in this Form 10-Q. The financial performance reported for the Company for the three and six months ended June 30, 2020 is not necessarily indicative of the results that may be expected for the full year. This information should be read in conjunction with the Company’s latest Annual Report to Stockholders and Annual Report on Form 10-K on file with the SEC. Reference is made to the accounting policies of the Company described in Note 1 to the Audited Consolidated Financial Statements contained in the Company’s 2019 Annual Report to Stockholders that was filed as Exhibit 13.1 to the Company’s Form 10-K for the year ended December 31, 2019 (referred to herein as the “2019 Audited Financial Statements”). The Company has consistently followed those policies in preparing this Form 10-Q.
Loans And Leases	Loans and Leases: Loans and leases that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, adjusted for purchase premiums and discounts, deferred loan fees and costs and an allowance for loan and lease losses (ALLL). Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level yield method without anticipating prepayments. The accrual of interest income on all classes of loans, except other consumer loans, is discontinued and the loan is placed on nonaccrual status at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection. Other consumer loans are typically charged off no later than 90 days past due. Past due status is based on the contractual terms of the loan for all classes of loans. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual loans and loans past due 90 days still on accrual include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. Commercial, multi-family residential real estate loans and commercial real estate loans placed on nonaccrual status are individually classified as impaired loans. All interest accrued but not received for each loan placed on nonaccrual is reversed against interest income in the period in which it is placed in a nonaccrual status. Interest received on such loans is accounted for on the cash-basis or cost recovery method, until qualifying for return to accrual status. Loans are considered for return to accrual status provided all the principal and interest amounts that are contractually due are brought current, there is a current and well documented credit analysis, there is reasonable assurance of repayment of principal and interest, and the customer has demonstrated sustained, amortizing payment performance of at least six months.
Allowance For Loan And Lease Losses (ALLL)	Allowance for Loan and Lease Losses (ALLL): The ALLL is a valuation allowance for probable incurred credit losses. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. Management estimates the allowance balance required using past loan loss experience, the nature and volume of the portfolio, information about specific borrower situations and estimated collateral values, economic conditions, and other factors. Allocations of the allowance may be made for specific loans, but the entire allowance is available for any loan that, in management’s judgment, should be charged off. The allowance consists of specific and general components. The specific component relates to loans that are individually classified as impaired. A loan is impaired when, based on current information and events, it is probable that CFBank will be unable to collect all amounts due according to the contractual terms of the loan agreement. Loans within any loan class for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings (TDRs) and classified as impaired. Factors considered by management in determining impairment for all loan classes include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. All substandard loans within the commercial, multi-family residential and commercial real estate segments, regardless of size, and loans of all other classes with balances over $250 are individually evaluated for impairment when they are 90 days past due, or earlier than 90 days past due if information regarding the payment capacity of the borrower indicates that payment in full according to the loan terms is doubtful. If a loan is impaired, a portion of the allowance is allocated so that the loan is reported, net, at the present value of estimated future cash flows using the loan’s existing rate, or at the fair value of collateral, less costs to sell, if repayment is expected solely from the collateral. Large groups of smaller balance homogeneous loans, such as consumer and single-family residential real estate loans, are collectively evaluated for impairment, and accordingly, they are not separately identified for impairment disclosures. TDRs of all classes of loans are separately identified for impairment disclosures and are measured at the present value of estimated future cash flows using each loan’s effective rate at inception. If a TDR is considered to be a collateral dependent loan, the loan is reported, net, at the fair value of the collateral. If the payment of the loan is dependent on the sale of the collateral, then costs to liquidate the collateral are included when determining the impairment. For TDRs that subsequently default, the amount of reserve is determined in accordance with the accounting policy for the ALLL. Interest income on all classes of impaired loans that are on nonaccrual status is recognized in accordance with the accounting policy for nonaccrual loans. Cash receipts on all classes of impaired loans that are on nonaccrual status are generally applied to the principal balance outstanding. Interest income on all classes of impaired loans that are not on nonaccrual status is recognized on the accrual method. TDRs may be classified as accruing if the borrower has been current for a period of at least six months with respect to loan payments and management expects that the borrower will be able to continue to make payments in accordance with the terms of the restructured note. The general reserve component covers non impaired loans of all classes and is based on historical loss experience adjusted for current factors. The historical loss experience is determined by loan class and is based on the actual loss history experienced by the Company over a three-year period. The general component is calculated based on CFBank’s loan balances and actual three-year historical loss rates. For loans with little or no actual loss experience, industry estimates are used based on loan segment. This loss experience is supplemented with other economic and judgmental factors based on the risks present for each loan class. These economic and judgmental factors include consideration of the following: levels of and trends in delinquencies and impaired loans; levels of and trends in charge-offs and recoveries; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures, and practices; experience, ability, and depth of lending management and other relevant staff; national and local economic trends and conditions; industry conditions; and effects of changes in credit concentrations. CFBank’s charge-off policy for commercial loans, single-family residential real estate loans, multi-family residential real estate loans, commercial real estate loans, construction loans and home equity lines of credit requires management to record a specific reserve or charge-off as soon as it is apparent that the borrower is troubled and there is, or likely will be, a collateral shortfall related to the estimated value of the collateral securing the loan. Other consumer loans are typically charged off no later than 90 days past due.
Joint Ventures	Joint Ventures: The Holding Company has contributed funds into a series of joint ventures (equity stake) for the purpose of allocating excess liquidity into higher earning assets while diversifying its revenue sources. The joint ventures are engaged in shorter term operating activities related to single family real estate developments. Income is recognized based on a rate of return on the outstanding investment balance. As units are sold, the Holding Company receives an additional incentive payment, which is recognized as income. Under ASU 2016-15, the Company has elected the nature of distribution approach to recognize returns from equity method investments. Returns on investment are classified as cash flows from operating activities and returns of investment are classified as investing activities.
Low Income Housing Tax Credits (LIHTC)	Low Income Housing Tax Credits (LIHTC): The Company has invested in low income housing tax credits through funds that assist corporations in investing in limited partnerships and limited liability companies that own, develop and operate low income residential rental properties for purposes of qualifying for the Housing Tax Credit. These investments are accounted for under the proportional amortization method which recognizes the amortization of the investment in proportion to the tax credit and other tax benefits received.
Historic Tax Credits	Historic Tax Credits: In June 2019, the Company made an equity investment as a non-managing member in an entity that is expected to receive historic tax credits (HTC) pursuant to Section 47 of the Internal Revenue Code. The Company expects to receive a return through the realization of federal income tax credits, as well as other tax benefits, such as tax deductions from net operating losses of the investment over a period of time. The HTC investment is accounted for under the equity method of accounting and is included in accrued interest receivable and other assets on the consolidated balance sheets. The Company’s recorded investment in this entity was $894 at June 30, 2020 and December 31, 2019. The maximum exposure to loss related to these investments was $894 at June 30, 2020, representing the Company’s investment balance.
Earnings Per Common Share	Earnings Per Common Share: The two-class method is used in the calculation of basic and diluted earnings per share. Under the two-class method, earnings available to common stockholders for the period are allocated between common stockholders and participating securities (unvested share-based payment awards) according to dividends declared (or accumulated) and participation rights in undistributed earnings. The factors used in the earnings per share computation follow:    Three months ended Six months ended  June 30, June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Basic  Net income $ 10,068 $ 2,280 $ 12,074 $ 3,961  Accretion of discount and value of warrants exercised related to Series B preferred stock (1) - 157 - 183  Earnings allocated to participating securities (Series C preferred stock) (1,218) - (1,866) -  Net income allocated to common stockholders $ 8,850 $ 2,437 $ 10,208 $ 4,144   Weighted average common shares outstanding including unvested share-based payment awards 5,777,816 4,412,726 5,575,856 4,384,395  Less: Unvested share-based payment awards-2019 Plan (38,719) - (39,335) -  Average shares 5,739,097 4,412,726 5,536,521 4,384,395  Basic earnings per common share $ 1.54 $ 0.55 $ 1.84 $ 0.95   Diluted  Net earnings allocated to common stockholders $ 8,850 $ 2,437 $ 10,208 $ 4,144  Add back: Preferred Dividends on Series B preferred stock and accretion of discount - - - -  Net earnings allocated to common stockholders $ 8,850 $ 2,437 $ 10,208 $ 4,144   Weighted average common shares outstanding for basic earnings per common share 5,739,097 4,412,726 5,536,521 4,384,395  Add: Dilutive effects of assumed exercises of stock options 24,762 35,077 25,591 37,075  Add: Dilutive effects of assumed exercises of stock warrants - 4,834 - 13,894  Add: Dilutive effects of unvested share-based payment awards-2019 Plan 38,719 - 39,335  Average shares and dilutive potential common shares 5,802,578 4,452,637 5,601,447 4,435,364  Diluted earnings per common share $ 1.53 $ 0.55 $ 1.82 $ 0.93  (1) All outstanding warrants expired on July 15, 2019.  The following securities exercisable for common shares were anti-dilutive and not considered in computing diluted earnings per common share:   Three months ended June 30, Six months ended June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Stock options 437 467 444 475 
Dividend Restrictions	Dividend Restrictions: Banking regulations require us to maintain certain capital levels and may limit the dividends paid by CFBank to the Holding Company or by the Holding Company to stockholders. The ability of the Holding Company to pay dividends on its common stock is dependent upon the amount of cash and liquidity available at the Holding Company level, as well as the receipt of dividends and other distributions from CFBank to the extent necessary to fund such dividends. The Holding Company is a legal entity that is separate and distinct from CFBank, which has no obligation to make any dividends or other funds available for the payment of dividends by the Holding Company. The Holding Company also is subject to various legal and regulatory policies and guidelines impacting the Holding Company’s ability to pay dividends on its stock. In addition, the Holding Company’s ability to pay dividends on its stock is conditioned upon the payment, on a current basis, of quarterly interest payments on the subordinated debentures underlying the Company’s trust preferred securities. Finally, under the terms of the Holding Company’s fixed-to-floating rate subordinated debt, the Holding Company’s ability to pay dividends on its stock is conditioned upon the Holding Company continuing to make required principal and interest payments, and not incurring an event of default, with respect to the subordinated debt.
Future Accounting Matters	Future Accounting Matters: In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . Once effective, ASU 2016-13 will significantly change current guidance for recognizing impairment of financial instruments. Current guidance requires an "incurred loss" methodology for recognizing credit losses that delays recognition until it is probable a loss has been incurred. ASU 2016-13 replaces the incurred loss impairment methodology with a new methodology that reflects expected credit losses over the lives of the loans and requires consideration of a broader range of information to inform credit loss estimates. The ASU requires an organization to estimate all expected credit losses for financial assets measured at amortized cost, including loans and held-to-maturity debt securities, based on historical experience, current conditions, and reasonable and supportable forecasts. Additional disclosures are required. ASU 2016-13 also amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. Under the new guidance, entities will determine whether all or a portion of the unrealized loss on an available-for-sale debt security is a credit loss. Any credit loss will be recognized as an allowance for credit losses on available-for-sale debt securities rather than as a direct reduction of the amortized cost basis of the investment, as is currently required. As a result, entities will recognize improvements to estimated credit losses on available-for-sale debt securities immediately in earnings rather than as interest income over time, as currently required. ASU 2016-13 eliminates the current accounting model for purchased credit impaired loans and debt securities. Instead, purchased financial assets with credit deterioration will be recorded gross of estimated credit losses as of the date of acquisition and the estimated credit losses amounts will be added to the allowance for credit losses. Thereafter, entities will account for additional impairment of such purchased assets using the models listed above. In October 2019, the FASB voted to extend the implementation of ASU No. 2016-13 for certain financial institutions including smaller reporting companies. As a result, ASU 2016-13 will be effective for the Company for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. While the Company generally expects that the implementation of ASU 2016-13 has the potential to increase its allowance for loan losses balance, the Company is continuing to evaluate the potential impact on the Company’s financial statements and disclosures. Management has been running and evaluating various scenarios. At this time, the estimated impact on the Company’s consolidated financial statements, including disclosures, cannot be reasonably determined. In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . These amendments provide temporary optional guidance to ease the potential burden in accounting for reference rate reform. The ASU provides optional expedients and exceptions for applying generally accepted accounting principles to contract modifications and hedging relationships, subject to meeting certain criteria, that reference LIBOR or another reference rate expected to be discontinued. It is intended to help stakeholders during the global market-wide reference rate transition period. The guidance is effective for all entities as of March 12, 2020 through December 31, 2022. The Company is implementing a transition plan to identify and modify its loans and other financial instruments with attributes that are either directly or indirectly influenced by LIBOR. The Company is assessing ASU 2020-04 and its impact on the Company's transition away from LIBOR for its loan and other financial instruments.
General Litigation	General Litigation The Company is subject to claims and lawsuits that arise primarily in the ordinary course of business. In the opinion of management, the disposition or ultimate resolution of such claims and lawsuits is not anticipated to have a material adverse effect on the consolidated financial position, results of operations and cash flows of the Company.

Summary Of Significant Accoun_3

Summary Of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2020
Summary Of Significant Accounting Policies [Abstract]
Earnings Per Common Share	  Three months ended Six months ended  June 30, June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Basic  Net income $ 10,068 $ 2,280 $ 12,074 $ 3,961  Accretion of discount and value of warrants exercised related to Series B preferred stock (1) - 157 - 183  Earnings allocated to participating securities (Series C preferred stock) (1,218) - (1,866) -  Net income allocated to common stockholders $ 8,850 $ 2,437 $ 10,208 $ 4,144   Weighted average common shares outstanding including unvested share-based payment awards 5,777,816 4,412,726 5,575,856 4,384,395  Less: Unvested share-based payment awards-2019 Plan (38,719) - (39,335) -  Average shares 5,739,097 4,412,726 5,536,521 4,384,395  Basic earnings per common share $ 1.54 $ 0.55 $ 1.84 $ 0.95   Diluted  Net earnings allocated to common stockholders $ 8,850 $ 2,437 $ 10,208 $ 4,144  Add back: Preferred Dividends on Series B preferred stock and accretion of discount - - - -  Net earnings allocated to common stockholders $ 8,850 $ 2,437 $ 10,208 $ 4,144   Weighted average common shares outstanding for basic earnings per common share 5,739,097 4,412,726 5,536,521 4,384,395  Add: Dilutive effects of assumed exercises of stock options 24,762 35,077 25,591 37,075  Add: Dilutive effects of assumed exercises of stock warrants - 4,834 - 13,894  Add: Dilutive effects of unvested share-based payment awards-2019 Plan 38,719 - 39,335  Average shares and dilutive potential common shares 5,802,578 4,452,637 5,601,447 4,435,364  Diluted earnings per common share $ 1.53 $ 0.55 $ 1.82 $ 0.93  (1) All outstanding warrants expired on July 15, 2019.
Anti-dilutive Average Common Shares	  Three months ended June 30, Six months ended June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Stock options 437 467 444 475 

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2020
Securities [Abstract]
Amortized Cost And Fair Value Of Available-For-Sale Securities Portfolio	  Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value  June 30, 2020 (unaudited)  Issued by U.S. government-sponsored entities and agencies:  U.S. Treasury $ 10,530 $ 181 $ - $ 10,711  Mortgage-backed securities - residential 77 4 - 81  Collateralized mortgage obligations 10 - - 10  Total $ 10,617 $ 185 $ - $ 10,802     Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value  December 31, 2019  Issued by U.S. government-sponsored entities and agencies:  U.S. Treasury $ 7,986 $ 32 $ 1 $ 8,017  Mortgage-backed securities - residential 126 4 - 130  Collateralized mortgage obligations 27 - - 27  Total $ 8,139 $ 36 $ 1 $ 8,174 
Securities Classified By Maturity Date	   June 30, 2020 December 31, 2019  (unaudited)  Amortized Cost Fair Value Amortized Cost Fair Value  Due in one year or less $ 6,026 $ 6,065 $ 5,001 $ 5,000  Due from one to five years 4,504 4,646 2,985 3,017  Mortgage-backed securities - residential 77 81 126 130  Collateralized mortgage obligations 10 10 27 27  Total $ 10,617 $ 10,802 $ 8,139 $ 8,174 
Fair Value Of Securities Pledged	  June 30, 2020 December 31, 2019  (unaudited)  Pledged as collateral for:  FHLB advances $ 2,544 $ 3,074  Public deposits 2,552 2,015  Mortgage banking derivatives 3,039 1,500  Interest-rate swaps 65 77  Total $ 8,200 $ 6,666 
Securities With Unrealized Losses	    December 31, 2019 Less than 12 Months 12 Months or More Total  Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss  Issued by U.S. government-sponsored entities and agencies:  U.S. Treasury (1) $ 499 $ - $ 2,501 $ 1 $ 3,000 $ 1  Total temporarily impaired $ 499 $ - $ 2,501 $ 1 $ 3,000 $ 1  (1) Unrealized loss is less than $1 resulting in rounding to zero.

Loans And Leases (Tables)

Loans And Leases (Tables)	6 Months Ended
	Jun. 30, 2020
Loans And Leases [Abstract]
Recorded Investment In Loans By Portfolio Segment	    June 30, 2020 December 31, 2019  (unaudited)  Commercial (1) $ 327,539 $ 170,646  Real estate:  Single-family residential 128,241 120,256  Multi-family residential 46,654 39,229  Commercial 272,207 247,543  Construction 59,574 67,652  Consumer:  Home equity lines of credit 19,596 20,941  Other 2,825 4,174  Subtotal 856,636 670,441  Less: ALLL (10,107) (7,138)  Loans and leases, net $ 846,529 $ 663,303  (1) Includes $4,459 and $4,779 of commercial leases at June 30, 2020 and December 31, 2019, respectively.
Activity In ALLL By Portfolio Segment	The following table presents the activity in the ALLL by portfolio segment for the three and six months ended June 30, 2020:       Three months ended June 30, 2020 (unaudited)  Real Estate Consumer  Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total  Beginning balance $ 2,103 $ 905 $ 512 $ 2,674 $ 574 $ 249 $ 56 $ 7,073  Addition to (reduction in) provision for loan losses 600 150 55 1,860 450 10 - 3,125  Charge-offs (39) (58) - - - - - (97)  Recoveries - 2 - - - 4 - 6  Ending balance $ 2,664 $ 999 $ 567 $ 4,534 $ 1,024 $ 263 $ 56 $ 10,107         Six months ended June 30, 2020 (unaudited)  Real Estate Consumer  Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total  Beginning balance $ 2,054 $ 948 $ 447 $ 2,604 $ 759 $ 265 $ 61 $ 7,138  Addition to (reduction in) provision for loan losses 720 105 120 1,930 265 (10) (5) 3,125  Charge-offs (110) (58) - - - - - (168)  Recoveries - 4 - - - 8 - 12  Ending balance $ 2,664 $ 999 $ 567 $ 4,534 $ 1,024 $ 263 $ 56 $ 10,107    The following table presents the activity in the ALLL by portfolio segment for the three and six months ended June 30, 2019:      Three months ended June 30, 2019 (unaudited)  Real Estate Consumer  Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total  Beginning balance $ 1,819 $ 1,063 $ 622 $ 2,299 $ 759 $ 375 $ 87 $ 7,024  Addition to (reduction in) provision for loan losses 150 (50) (60) 40 - (70) (10) -  Charge-offs - - - - - - - -  Recoveries - 1 - - - 4 - 5  Ending balance $ 1,969 $ 1,014 $ 562 $ 2,339 $ 759 $ 309 $ 77 $ 7,029        Six months ended June 30, 2019 (unaudited)  Real Estate Consumer  Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total  Beginning balance $ 1,819 $ 1,061 $ 612 $ 2,274 $ 739 $ 410 $ 97 $ 7,012  Addition to (reduction in) provision for loan losses 150 (50) (50) 65 20 (115) (20) -  Charge-offs - - - - - - - -  Recoveries - 3 - - - 14 - 17  Ending balance $ 1,969 $ 1,014 $ 562 $ 2,339 $ 759 $ 309 $ 77 $ 7,029 
Balance In ALLL And Recorded Investment In Loans By Portfolio Segment And Based On Impairment Method	The following table presents the balance in the ALLL and the recorded investment in loans and leases by portfolio segment and based on the impairment method as of June 30, 2020 (unaudited):     Real Estate Consumer  Commercial Single- family Multi- family Commercial Construction Home Equity lines of credit Other Total  ALLL:  Ending allowance balance attributable to loans:  Individually evaluated for impairment $ - $ - $ - $ 22 $ - $ - $ - $ 22  Collectively evaluated for impairment 2,664 999 567 4,512 1,024 263 56 10,085  Total ending allowance balance $ 2,664 $ 999 $ 567 $ 4,534 $ 1,024 $ 263 $ 56 $ 10,107   Loans:  Individually evaluated for impairment $ 81 $ 106 $ - $ 2,728 $ - $ - $ - $ 2,915  Collectively evaluated for impairment 327,458 128,135 46,654 269,479 59,574 19,596 2,825 853,721  Total ending loan balance $ 327,539 $ 128,241 $ 46,654 $ 272,207 $ 59,574 $ 19,596 $ 2,825 $ 856,636  The following table presents the balance in the ALLL and the recorded investment in loans and leases by portfolio segment and based on the impairment method as of December 31, 2019:     Real Estate Consumer  Commercial Single- family Multi- family Commercial Construction Home Equity lines of credit Other Total  ALLL:  Ending allowance balance attributable to loans:  Individually evaluated for impairment $ 1 $ 1 $ - $ 33 $ - $ - $ - $ 35  Collectively evaluated for impairment 2,053 947 447 2,571 759 265 61 7,103  Total ending allowance balance $ 2,054 $ 948 $ 447 $ 2,604 $ 759 $ 265 $ 61 $ 7,138   Loans:  Individually evaluated for impairment $ 85 $ 107 $ - $ 4,420 $ - $ - $ - $ 4,612  Collectively evaluated for impairment 170,561 120,149 39,229 243,123 67,652 20,941 4,174 665,829  Total ending loan balance $ 170,646 $ 120,256 $ 39,229 $ 247,543 $ 67,652 $ 20,941 $ 4,174 $ 670,441 
Individually Evaluated For Impairment By Class Of Loans	The following table presents loans individually evaluated for impairment by class of loans as of and for the period ended June 30, 2020. The unpaid principal balance is the contractual principal balance outstanding. The recorded investment is the unpaid principal balance adjusted for partial charge-offs, purchase premiums and discounts, and deferred loan fees and costs. The table presents accrual basis interest income recognized during the three and six months ended June 30, 2020. Cash payments of interest on these loans during the three and six months ended June 30, 2020 totaled $11 and $53 , respectively.    Three months ended Six months ended  As of June 30, 2020 June 30, 2020 June 30, 2020  (unaudited) (unaudited) (unaudited)  Unpaid Principal Balance Recorded Investment ALLL Allocated Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized  With no related allowance recorded:  Real estate:  Commercial:  Owner occupied $ - $ - $ - $ - $ - $ - $ -  Total with no allowance recorded - - - - - - -   With an allowance recorded:  Commercial (1) 81 81 - 108 3 126 5  Real estate:  Single-family residential (1) 106 106 - 106 - 106 1  Commercial:  Non-owner occupied 2,728 2,728 22 2,730 38 2,732 75  Total with an allowance recorded 2,915 2,915 22 2,944 41 2,964 81  Total $ 2,915 $ 2,915 $ 22 $ 2,944 $ 41 $ 2,964 $ 81  (1) Allowance recorded is less than $1 resulting in rounding to zero.  The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2019. The unpaid principal balance is the contractual principal balance outstanding. The recorded investment is the unpaid principal balance adjusted for partial charge-offs, purchase premiums and discounts, and deferred loan fees and costs. The table presents accrual basis interest income recognized during the three and six months ended June 30, 2019. Cash payments of interest during the three and six months ended June 30, 2019 totaled $43 and $88 .    Three months ended Six months ended  As of December 31, 2019 June 30, 2019 June 30, 2019  (unaudited) (unaudited)  Unpaid Principal Balance Recorded Investment ALLL Allocated Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized  With no related allowance recorded:  Commercial $ - $ - $ - $ 94 $ - $ 96 $ -  Real estate:  Single-family residential - - - 109 2 109 3  Commercial:  Owner occupied - - - 121 1 122 7  Total with no allowance recorded - - - 324 3 327 10   With an allowance recorded:  Commercial 85 85 1 - - - -  Real estate:  Single-family residential 107 107 1 - - - -  Multi-family residential - - - - -  Commercial:  Non-owner occupied 4,420 4,420 33 4,483 39 3,932 76  Total with an allowance recorded 4,612 4,612 35 4,483 39 3,932 76  Total $ 4,612 $ 4,612 $ 35 $ 4,807 $ 42 $ 4,259 $ 86 
Recorded Investment In Nonaccrual Loans By Class Of Loans	    June 30, 2020 December 31, 2019  (unaudited)  Loans past due over 90 days still on accrual $ - $ -  Nonaccrual loans:  Commercial - 85  Real estate:  Single-family residential 472 550  Commercial:  Non-owner occupied - 1,689  Consumer:  Home equity lines of credit:  Originated for portfolio 35 36  Purchased for portfolio 74 79  Other consumer - -  Total nonaccrual 581 2,439  Total nonaccrual and nonperforming loans $ 581 $ 2,439 
Aging Of Recorded Investment In Past Due Loans By Class Of Loans	The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of June 30, 2020 (unaudited):    30 - 59 Days Past Due 60 - 89 Days Past Due Greater than 90 Days Past Due Total Past Due Loans Not Past Due Nonaccrual Loans Not > 90 days Past Due  Commercial $ - $ - $ - $ - $ 327,539 $ -  Real estate:  Single-family residential 892 17 358 1,267 126,974 114  Multi-family residential - - - - 46,654 -  Commercial:  Non-owner occupied - - - - 151,927 -  Owner occupied - - - - 92,176 -  Land - - - - 28,104 -  Construction - - - - 59,574 -  Consumer:  Home equity lines of credit:  Originated for portfolio 132 - 22 154 19,245 13  Purchased for portfolio - - - - 197 74  Other - - - - 2,825 -  Total $ 1,024 $ 17 $ 380 $ 1,421 $ 855,215 $ 201   The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2019:     30 - 59 Days Past Due 60 - 89 Days Past Due Greater than 90 Days Past Due Total Past Due Loans Not Past Due Nonaccrual Loans Not > 90 days Past Due  Commercial $ - $ 71 $ - $ 71 $ 170,575 $ 85  Real estate:  Single-family residential 2,453 261 426 3,140 117,116 124  Multi-family residential - - - - 39,229 -  Commercial:  Non-owner occupied - - 1,689 1,689 138,762 -  Owner occupied - - - - 81,871 -  Land - - - - 25,221 -  Construction 304 - - 304 67,348 -  Consumer:  Home equity lines of credit:  Originated for portfolio - - 22 22 20,713 14  Purchased for portfolio - - - - 206 79  Other - - - - 4,174 -  Total $ 2,757 $ 332 $ 2,137 $ 5,226 $ 665,215 $ 302 
Schedule Of Debtor Troubled Debt Restructuring, Subsequent Periods	    June 30, 2020 December 31, 2019  (unaudited)  Commercial $ - $ 85  Total $ - $ 85 
Recorded Investment In Loans By Risk Category And Class Of Loans	 The recorded investment in loans and leases by risk category and by class of loans and leases as of June 30, 2020 and based on the most recent analysis performed follows. There were no loans or leases rated doubtful at June 30, 2020.   (unaudited) Not Rated Pass Special Mention Substandard Total  Commercial $ 847 $ 324,884 $ 1,298 $ 510 $ 327,539  Real estate:  Single-family residential 127,769 - - 472 128,241  Multi-family residential - 46,508 - 146 46,654  Commercial:  Non-owner occupied 62 142,706 6,431 2,728 151,927  Owner occupied 309 88,951 2,018 898 92,176  Land - 28,104 - - 28,104  Construction 3,045 56,529 - - 59,574  Consumer:  Home equity lines of credit:  Originated for portfolio 19,348 - - 51 19,399  Purchased for portfolio 122 - - 75 197  Other 2,825 - - - 2,825  $ 154,327 $ 687,682 $ 9,747 $ 4,880 $ 856,636  The recorded investment in loans and leases by risk category and by class of loans and leases as of December 31, 2019 follows. There were no loans or leases rated doubtful at December 31, 2019.    Not Rated Pass Special Mention Substandard Total  Commercial $ - $ 168,617 $ 1,424 $ 605 $ 170,646  Real estate:  Single-family residential 119,707 - - 549 120,256  Multi-family residential - 39,081 - 148 39,229  Commercial:  Non-owner occupied 67 134,466 1,498 4,420 140,451  Owner occupied - 79,773 2,098 - 81,871  Land - 25,221 - - 25,221  Construction 1,855 65,797 - - 67,652  Consumer:  Home equity lines of credit:  Originated for portfolio 20,681 - - 54 20,735  Purchased for portfolio 127 - - 79 206  Other 4,174 - - - 4,174  $ 146,611 $ 512,955 $ 5,020 $ 5,855 $ 670,441 
Components Of Net Investment In Direct Financing Leases	   June 30, 2020 December 31, 2019  (unaudited)  Total minimum lease payments to be received $ 4,856 $ 5,252  Less: unearned income (397) (473)  Net investment in direct financing leases $ 4,459 $ 4,779  (1) There were no initial direct costs associated with these leases.
Summary Of Future Minimum Lease Payments Receivable	  2020 $ 397  2021 793  2022 793  2023 1,563  2024 1,310  $ 4,856 

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2020
Leases [Abstract]
Future Minimum Operating Lease Payments	  2020, excluding the six months ended June 30, 2020 $ 273  2021 548  2022 536  2023 377  2024 250  Total future minimum rental commitments 1,984  Less - amounts representing interest (234)  Total operating lease liabilities $ 1,750 

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2020
Fair Value [Abstract]
Assets And Liabilities Measured At Fair Value On A Recurring Basis, Including Financial Assets And Liabilities	   Fair Value Measurements at June 30, 2020 using Significant Other Observable Inputs  (Level 2)  (unaudited)  Financial Assets:  Securities available for sale:  Issued by U.S. government-sponsored entities and agencies:  U.S. Treasury $ 10,711  Mortgage-backed securities - residential 81  Collateralized mortgage obligations 10  Total securities available for sale $ 10,802  Loans held for sale $ 165,891  Yield maintenance provisions (embedded derivatives) $ 2,055  Interest rate lock commitments $ 15,402  Financial Liabilities:  Interest-rate swaps $ 2,055  TBA Mortgage-back securities $ 2,378     Fair Value Measurements at December 31, 2019 using Significant Other Observable Inputs  (Level 2)  Financial Assets:  Securities available for sale:  Issued by U.S. government-sponsored entities and agencies:  U.S. Treasury $ 8,017  Mortgage-backed securities - residential 130  Collateralized mortgage obligations 27  Total securities available for sale $ 8,174  Loans held for sale $ 135,711  Yield maintenance provisions (embedded derivatives) $ 12  Interest rate lock commitments $ 3,104  Financial Liabilities:  Interest-rate swaps $ 12  TBA Mortgage-backed securities $ 350 
Assets Measured At Fair Value On A Non-Recurring Basis	   Fair Value Measurements at December 31, 2019 Using  Significant Unobservable Inputs (Level 3)   Impaired loans:  Commercial $ 84  Real Estate:  Single-family residential 106  Commercial:  Non-owner occupied 4,387  Total impaired loans $ 4,577 
Financial Instruments Measured At Fair Value On A Non-Recurring Basis	  Fair Value Valuation Technique(s) Unobservable Inputs (Range) Weighted Average  Impaired loans:  Commercial $ 84 Comparable sales approach Adjustment for differences between the comparable market transactions 2.06%  Real estate:  Single -family residential 106 Comparable sales approach Adjustment for differences between the comparable market transactions 3.61%  Commercial:  Non-owner occupied 4,387 Comparable sales approach Adjustment for differences between the comparable market transactions ( -2.58% , 14.00% ) 2.44% 
Aggregate Fair Value, Contractual Balance And Gain Or Loss	   June 30, 2020 December 31, 2019  (unaudited)  Aggregate fair value $ 165,891 $ 135,711  Contractual balance 159,718 133,993  Gain $ 6,173 $ 1,718 
Total Amount Of Gains And Losses From Changes In Fair Value Included In Earnings	  Three months ended June 30, Six months ended June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Interest income $ 1,256 $ 275 $ 2,453 $ 490  Interest expense - - - -  Change in fair value 3,220 516 4,455 776  Total change in fair value $ 4,476 $ 791 $ 6,908 $ 1,266 
Carrying Amounts And Estimated Fair Values Of Financial Instruments	The carrying amounts and estimated fair values of financial instruments at June 30, 2020 were as follows:    Fair Value Measurements at June 30, 2020 Using:  Carrying  (unaudited) Value Level 1 Level 2 Level 3 Total  Financial assets  Cash and cash equivalents $ 77,376 $ 77,376 $ - $ - $ 77,376  Interest-bearing deposits in other financial institutions 100 100 - - 100  Securities available for sale 10,802 - 10,802 - 10,802  Loans held for sale 165,891 - 165,891 - 165,891  Loans and leases, net 846,529 - - 856,282 856,282  FHLB and FRB stock 5,216 n/a n/a n/a n/a  Accrued interest receivable 3,845 1 44 3,800 3,845  Yield maintenance provisions (embedded derivatives) 2,055 - 2,055 - 2,055  Interest rate lock commitments 15,402 - 15,402 - 15,402   Financial liabilities  Deposits $ (849,038) $ (448,685) $ (408,995) $ - $ (857,680)  FHLB advances and other borrowings (165,806) - (167,298) - (167,298)  Advances by borrowers for taxes and insurance (782) - - (782) (782)  Subordinated debentures (14,825) - (15,622) - (15,622)  Accrued interest payable (229) - (229) - (229)  Interest-rate swaps (2,055) - (2,055) - (2,055)  TBA mortgage-back securities (2,378) - (2,378) - (2,378)  The carrying amounts and estimated fair values of financial instruments at December 31, 2019 were as follows:    Fair Value Measurements at December 31, 2019 Using:  Carrying  Value Level 1 Level 2 Level 3 Total  Financial assets  Cash and cash equivalents $ 45,879 $ 45,879 $ - $ - $ 45,879  Interest-bearing deposits in other financial institutions 100 100 - - 100  Securities available for sale 8,174 - 8,174 - 8,174  Loans held for sale 135,711 - 135,711 - 135,711  Loans and leases, net 663,303 - - 664,152 664,152  FHLB and FRB stock 4,008 n/a n/a n/a n/a  Accrued interest receivable 2,749 25 40 2,684 2,749  Yield maintenance provisions (embedded derivatives) 12 - 12 - 12  Interest rate lock commitments 3,104 - 3,104 - 3,104   Financial liabilities  Deposits $ (746,323) $ (382,173) $ (367,375) $ - $ (749,548)  FHLB advances and other borrowings (29,017) - (29,669) - (29,669)  Advances by borrowers for taxes and insurance (929) - - (929) (929)  Subordinated debentures (14,806) - (15,940) - (15,940)  Accrued interest payable (208) - (208) - (208)  Interest-rate swaps (12) - (12) - (12)  TBA mortgage-backed securities (350) - (350) - (350) 

FHLB Advances And Other Debt (T

FHLB Advances And Other Debt (Tables)	6 Months Ended
	Jun. 30, 2020
FHLB Advances And Other Debt [Abstract]
Schedule Of FHLB Advances And Other Debt	  Weighted  Average Rate June 30, 2020 December 31, 2019  FHLB fixed rate advances:  Maturities:  2020 2.15% $ 3,500 $ 4,500  2021 1.63% 7,500 4,000  2022 1.16% 10,000 1,500  2023 0.92% 3,500 -  2024 1.90% 6,500 6,500  Total FHLB fixed rate advances 31,000 16,500   Fixed rate other debt:  FRB PPPLF advances 0.35% 125,056 -   Variable rate other debt:  Holding Company credit facility 4.00% 9,750 5,000  Warehouse facility - - 7,517  Total variable rate other debt 9,750 12,517  Total $ 165,806 $ 29,017 

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2020
Stock-Based Compensation [Abstract]
Summary Of Stock Option Activity	   Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Intrinsic Value  Outstanding at beginning of year 95,438 $ 7.64  Exercised (4,545) 7.98  Cancelled or forfeited (14) 17.33  Outstanding at end of period 90,879 $ 7.62 2.9 $ 258   Exercisable at end of period 90,879 $ 7.62 2.9 $ 258 
Summary Of Changes In Company's Nonvested Restricted Shares	   Nonvested Shares Shares Weighted Average Grant-Date Fair Value  Nonvested at January 1, 2020 102,916 $ 13.11  Granted - -  Vested (17,092) 12.89  Forfeited (5,234) 12.81  Nonvested at June 30, 2020 80,590 $ 13.17 

Regulatory Capital Matters (Tab

Regulatory Capital Matters (Tables)	6 Months Ended
	Jun. 30, 2020
Regulatory Capital Matters [Abstract]
Actual And Required Capital Amounts And Ratios Of CFBank	   Actual Minimum Capital Required-Basel III Fully Phased-In To Be Well Capitalized Under Applicable Regulatory Capital Standards  Amount Ratio Amount Ratio Amount Ratio  June 30, 2020  Total Capital to risk weighted assets $ 116,380 14.01% $ 87,231 10.50% $ 83,077 10.00%  Tier 1 (Core) Capital to risk weighted assets 106,086 12.77% 70,615 8.50% 66,461 8.00%  Common equity tier 1 capital to risk-weighted assets 106,086 12.77% 58,154 7.00% 54,000 6.50%  Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 106,086 10.44% 40,637 4.00% 50,796 5.00%     Actual Minimum Capital Required-Basel III Fully Phased-In To Be Well Capitalized Under Applicable Regulatory Capital Standards  Amount Ratio Amount Ratio Amount Ratio  December 31, 2019  Total Capital to risk weighted assets $ 95,164 12.96% $ 77,097 10.50% $ 73,425 10.00%  Tier 1 (Core) Capital to risk weighted assets 87,857 11.97% 62,412 8.50% 58,740 8.00%  Common equity tier 1 capital to risk-weighted assets 87,857 11.97% 51,398 7.00% 47,726 6.50%  Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 87,857 10.58% 33,221 4.00% 41,526 5.00% 

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2020
Derivative Instruments [Abstract]
Summary Of Derivative Instruments	   June 30, 2020 December 31, 2019  (unaudited)  Notional amount $ 31,391 $ 12,039  Weighted average pay rate on interest-rate swaps 4.35% 4.66%  Weighted average receive rate on interest-rate swaps 3.06% 4.63%  Weighted average maturity (years) 8.2 7.3  Fair value of interest-rate swaps $ (2,055) $ (12)  Fair value of yield maintenance provisions 2,055 12 
Schedule Of Mortgage Banking Derivatives	  June 30, 2020 December 31, 2019  Notional Amount Fair Value Notional Amount Fair Value  Assets (Liabilities):  Interest rate commitments $ 668,009 $ 15,402 $ 297,454 $ 3,104  TBA mortgage-back securities 402,250 (2,378) 225,500 (350) 
Schedule Of Revenue Recognized On Mortgage Activities	  Three months ended Six months ended  June 30, June 30,  2020 2019 2020 2019  Gain on loans sold $ 11,901 $ 1,884 $ 17,482 $ 3,116  Gain (loss) from change in fair value of loans held-for-sale 3,220 516 4,455 776  Gain (loss) from change in fair value of derivatives 4,455 (49) 483 (90)  $ 19,576 $ 2,351 $ 22,420 $ 3,802 

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2020
Income Taxes [Abstract]
Summary Of Differences Between Income Taxes At The Federal Statutory And Effective Tax Rate	  For the three months ended June 30, For the six months ended June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Statutory tax rate 21.0% 21.0% 21.0% 21.0%  Increase (decrease) resulting from:  Restricted stock 0.0% 0.0% 0.1% 0.0%  Tax exempt income on bank owned life insurance (0.1%) (0.3%) (0.1%) (0.3)%  Low income housing credits (0.2%) (0.5%) (0.3%) (0.6%)  Other, net 0.0% 0.2% 0.0% 0.1%  Effective tax rate 20.7% 20.4% 20.7% 20.2% 

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2020
Accumulated Other Comprehensive Income [Abstract]
Schedule Of Accumulated Other Comprehensive Income	   Changes in Accumulated Other Comprehensive Income by Component (1)   Three months ended Six months ended  June 30, June 30,  2020 2019 2020 2019  (unaudited) (unaudited)  Unrealized Gains and Losses on Available-for-Sale Securities Unrealized Gains and Losses on Available-for-Sale Securities   Accumulated other comprehensive income (loss), beginning of period $ 172 $ (38) $ 28 $ (73)  Other comprehensive income (loss) before reclassifications (2) (26) 52 118 87  Net current-period other comprehensive income (loss) (26) 52 118 87  Accumulated other comprehensive income, end of period $ 146 $ 14 $ 146 $ 14  (1) All amounts are net of tax. Amounts in parentheses indicate a reduction of other comprehensive income. (2) There were no am ounts reclassified out of other comprehensive income for the three and six months ended June 30, 2020 and 2019.

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Summary Of Significant Accounting Policies [Abstract]
Minimum balance of loans individually evaluated for impairment	$ 250
Investment	894	$ 894
Maximum exposure to loss related to investments	$ 894

Summary Of Significant Accoun_5

Summary Of Significant Accounting Policies (Earnings Per Common Share) (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Basic
Net income		$ 10,068	$ 2,280	$ 12,074	$ 3,961
Accretion of discount and value of warrants exercised related to Series B preferred stock	[1]		157		183
Earnings allocated to participating securities (Series C preferred stock)		(1,218)		(1,866)
Net income attributable to common stockholders		$ 8,850	$ 2,437	$ 10,208	$ 4,144
Weighted average common shares outstanding including unvested share-based payment awards		5,777,816	4,412,726	5,575,856	4,384,395
Less: Unvested share-based payment awards-2019 Plan		(38,719)		(39,335)
Average shares		5,739,097	4,412,726	5,536,521	4,384,395
Basic earnings per common share		$ 1.54	$ 0.55	$ 1.84	$ 0.95
Diluted
Net earnings allocated to common stockholders		$ 8,850	$ 2,437	$ 10,208	$ 4,144
Weighted average common shares outstanding for basic earnings per common share		5,739,097	4,412,726	5,536,521	4,384,395
Add: Dilutive effects of assumed exercises of stock options		24,762	35,077	25,591	37,075
Add: Dilutive effects of assumed exercises of stock warrants			4,834		13,894
Add: Dilutive effects of unvested share-based payment awards-2019 Plan		38,719		39,335
Average shares and dilutive potential common shares		5,802,578	4,452,637	5,601,447	4,435,364
Diluted earnings per common share		$ 1.53	$ 0.55	$ 1.82	$ 0.93
[1]	All outstanding warrants expired on July 15, 2019.

Summary Of Significant Accoun_6

Summary Of Significant Accounting Policies (Anti Dilutive Average Common Shares) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	437	467	444	475

Securities (Narrative) (Details

Securities (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)security	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)security	Jun. 30, 2019USD ($)	Dec. 31, 2019security
Schedule of Available-for-sale Securities [Line Items]
Other-than-temporary impairment	$ 0	$ 0	$ 0	$ 0
Sales of securities	$ 0	$ 0	$ 0	$ 0
U.S. Government-Sponsored Entities And Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Minimum percentage of securities held	10.00%		10.00%		10.00%
Number of holdings | security	0		0		0

Securities (Amortized Cost And

Securities (Amortized Cost And Fair Value Of Available-For-Sale Securities Portfolio) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 10,617	$ 8,139
Gross Unrealized Gains	185	36
Gross Unrealized Losses		1
Available-for-sale Securities Total, Fair Value	10,802	8,174
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	10,530	7,986
Gross Unrealized Gains	181	32
Gross Unrealized Losses		1
Available-for-sale Securities Total, Fair Value	10,711	8,017
Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	77	126
Gross Unrealized Gains	4	4
Available-for-sale Securities Total, Fair Value	81	130
Collateralized Mortgage Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	10	27
Available-for-sale Securities Total, Fair Value	$ 10	$ 27

Securities (Securities Classifi

Securities (Securities Classified By Maturity Date) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Schedule Of Available For Sale Securities [Line Items]
Due in one year or less, Amortized Cost	$ 6,026	$ 5,001
Due from one to five years, Amortized Cost	4,504	2,985
Amortized Cost	10,617	8,139
Due in one year or less, Fair Value	6,065	5,000
Due from one to five years, Fair Value	4,646	3,017
Available-for-sale Securities Total, Fair Value	10,802	8,174
Mortgage-Backed Securities - Residential [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	77	126
Available-for-sale Securities Total, Fair Value	81	130
Collateralized Mortgage Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	10	27
Available-for-sale Securities Total, Fair Value	$ 10	$ 27

Securities (Fair Value Of Secur

Securities (Fair Value Of Securities Pledged) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Pledged as collateral for:
FHLB advances	$ 2,544	$ 3,074
Public deposits	2,552	2,015
Mortgage banking derivatives	3,039	1,500
Interest-rate swaps	65	77
Total	$ 8,200	$ 6,666

Securities (Securities With Unr

Securities (Securities With Unrealized Losses) (Details) $ in Thousands	Dec. 31, 2019USD ($)
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 499
12 Months or More, Fair Value	2,501
12 Months or More, Unrealized Loss	1
Total, Fair Value	3,000
Total, Unrealized Loss	1
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	499	[1]
12 Months or More, Fair Value	2,501	[1]
12 Months or More, Unrealized Loss	1	[1]
Total, Fair Value	3,000	[1]
Total, Unrealized Loss	$ 1	[1]
[1]	Unrealized loss is less than $1 resulting in rounding to zero.

Loans And Leases (Narrative) (D

Loans And Leases (Narrative) (Details)		3 Months Ended		6 Months Ended
		Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)loan	Jun. 30, 2019USD ($)loan	Dec. 31, 2019USD ($)
Accounts Notes And Loans Receivable [Line Items]
Loans		$ 846,529,000		$ 846,529,000		$ 663,303,000
Loans 90 days or more past due and still accruing interest
Total TDR's		2,915,000		2,915,000		2,923,000
Allocated specific reserves to modified TDRs		22,000		$ 22,000		22,000
Number of loans modified as a TDR | loan				0	0
Number of TDRs in payment default | loan				0	0
Cash payments of interest		11,000	$ 43,000	$ 53,000	$ 88,000
Recorded investment of loans undergoing modifications, not TDRs		26,995,000	$ 15,821,000	26,995,000	$ 15,821,000
Loans		856,636,000		856,636,000		670,441,000
Deferral loans outstanding balance		$ 100,000,000		$ 100,000,000
Northpointe [Member] | Mortgage Purchase Program [Member]
Accounts Notes And Loans Receivable [Line Items]
Average days				14 days
Percent of loans risk rated for capital adequacy				100.00%
Percent of participation agreement interest		95.00%		95.00%
Ownership interest in each loan is participates				5.00%
Allowance allocated loans		$ 0		$ 0
Single-Family Residential [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans		128,241,000		128,241,000		120,256,000
Single-Family Residential [Member] | Northpointe [Member] | Mortgage Purchase Program [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans		23,116,000		23,116,000		26,046,000
Originated For Portfolio [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans		19,399,000		19,399,000		20,735,000
Accruing [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR's		2,915,000		2,915,000		2,838,000
Commercial Real Estate [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans	[1]	327,539,000		327,539,000		$ 170,646,000
Commercial Loans - Paycheck Protection Program [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans		$ 123,500,000		$ 123,500,000
Maturity term				2 years
Stated interest rate		1.00%		1.00%
[1]	Includes $4,459 and $4,779 of commercial leases at June 30, 2020 and December 31, 2019, respectively.

Loans And Leases (Recorded Inve

Loans And Leases (Recorded Investment In Loans By Portfolio Segment) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Accounts Notes And Loans Receivable [Line Items]
Subtotal		$ 856,636		$ 670,441
Less: ALLL		(10,107)	$ (7,073)	(7,138)	$ (7,029)	$ (7,024)	$ (7,012)
Loans and Leases, net		846,529		663,303
Commercial Real Estate [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal	[1]	327,539		170,646
Less: ALLL		(2,664)	(2,103)	(2,054)	(1,969)	(1,819)	(1,819)
Single-Family Residential [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal		128,241		120,256
Less: ALLL		(999)	(905)	(948)	(1,014)	(1,063)	(1,061)
Multi-Family Residential [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal		46,654		39,229
Less: ALLL		(567)	(512)	(447)	(562)	(622)	(612)
Real Estate Commercial [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal		272,207		247,543
Less: ALLL		(4,534)	(2,674)	(2,604)	(2,339)	(2,299)	(2,274)
Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal		59,574		67,652
Less: ALLL		(1,024)	(574)	(759)	(759)	(759)	(739)
Home Equity Line Of Credit [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal		19,596		20,941
Less: ALLL		(263)	(249)	(265)	(309)	(375)	(410)
Other Consumer [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal		2,825		4,174
Less: ALLL		(56)	$ (56)	(61)	$ (77)	$ (87)	$ (97)
Commercial Leases [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal		$ 4,459		$ 4,779
[1]	Includes $4,459 and $4,779 of commercial leases at June 30, 2020 and December 31, 2019, respectively.

Loans And Leases (Activity In A

Loans And Leases (Activity In ALLL By Portfolio Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 7,073	$ 7,024	$ 7,138	$ 7,012
Addition to (reduction in) provision for loan losses	3,125		3,125
Charge-offs	(97)		(168)
Recoveries	6	5	12	17
Ending balance	10,107	7,029	10,107	7,029
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	2,103	1,819	2,054	1,819
Addition to (reduction in) provision for loan losses	600	150	720	150
Charge-offs	(39)		(110)
Recoveries
Ending balance	2,664	1,969	2,664	1,969
Single-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	905	1,063	948	1,061
Addition to (reduction in) provision for loan losses	150	(50)	105	(50)
Charge-offs	(58)		(58)
Recoveries	2	1	4	3
Ending balance	999	1,014	999	1,014
Multi-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	512	622	447	612
Addition to (reduction in) provision for loan losses	55	(60)	120	(50)
Charge-offs
Recoveries
Ending balance	567	562	567	562
Real Estate Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	2,674	2,299	2,604	2,274
Addition to (reduction in) provision for loan losses	1,860	40	1,930	65
Charge-offs
Recoveries
Ending balance	4,534	2,339	4,534	2,339
Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	574	759	759	739
Addition to (reduction in) provision for loan losses	450		265	20
Charge-offs
Recoveries
Ending balance	1,024	759	1,024	759
Home Equity Line Of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	249	375	265	410
Addition to (reduction in) provision for loan losses	10	(70)	(10)	(115)
Charge-offs
Recoveries	4	4	8	14
Ending balance	263	309	263	309
Other Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	56	87	61	97
Addition to (reduction in) provision for loan losses		(10)	(5)	(20)
Charge-offs
Recoveries
Ending balance	$ 56	$ 77	$ 56	$ 77

Loans And Leases (Balance In AL

Loans And Leases (Balance In ALLL And Recorded Investment In Loans By Portfolio Segment And Based On Impairment Method) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment		$ 22		$ 35
Collectively evaluated for impairment		10,085		7,103
Total ending allowance balance		10,107	$ 7,073	7,138	$ 7,029	$ 7,024	$ 7,012
Individually evaluated for impairment		2,915		4,612
Collectively evaluated for impairment		853,721		665,829
Recorded investment in loans and leases		856,636		670,441
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment				1
Collectively evaluated for impairment		2,664		2,053
Total ending allowance balance		2,664	2,103	2,054	1,969	1,819	1,819
Individually evaluated for impairment		81		85
Collectively evaluated for impairment		327,458		170,561
Recorded investment in loans and leases	[1]	327,539		170,646
Single-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment				1
Collectively evaluated for impairment		999		947
Total ending allowance balance		999	905	948	1,014	1,063	1,061
Individually evaluated for impairment		106		107
Collectively evaluated for impairment		128,135		120,149
Recorded investment in loans and leases		128,241		120,256
Multi-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment		567		447
Total ending allowance balance		567	512	447	562	622	612
Collectively evaluated for impairment		46,654		39,229
Recorded investment in loans and leases		46,654		39,229
Real Estate Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment		22		33
Collectively evaluated for impairment		4,512		2,571
Total ending allowance balance		4,534	2,674	2,604	2,339	2,299	2,274
Individually evaluated for impairment		2,728		4,420
Collectively evaluated for impairment		269,479		243,123
Recorded investment in loans and leases		272,207		247,543
Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment		1,024		759
Total ending allowance balance		1,024	574	759	759	759	739
Collectively evaluated for impairment		59,574		67,652
Recorded investment in loans and leases		59,574		67,652
Home Equity Line Of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment		263		265
Total ending allowance balance		263	249	265	309	375	410
Collectively evaluated for impairment		19,596		20,941
Recorded investment in loans and leases		19,596		20,941
Other Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment		56		61
Total ending allowance balance		56	$ 56	61	$ 77	$ 87	$ 97
Collectively evaluated for impairment		2,825		4,174
Recorded investment in loans and leases		$ 2,825		$ 4,174
[1]	Includes $4,459 and $4,779 of commercial leases at June 30, 2020 and December 31, 2019, respectively.

Loans And Leases (Individually

Loans And Leases (Individually Evaluated For Impairment By Class Of Loans) (Details) - USD ($) $ in Thousands		3 Months Ended			6 Months Ended
		Jun. 30, 2020		Jun. 30, 2019	Jun. 30, 2020		Jun. 30, 2019	Dec. 31, 2019
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		$ 2,915			$ 2,915			$ 4,612
Impaired Financing Receivable, Unpaid Principal Balance, Total		2,915			2,915			4,612
Impaired Financing Receivable, with Related Allowance, Recorded Investment		2,915			2,915			4,612
Impaired Financing Receivable, Recorded Investment, Total		2,915			2,915			4,612
Impaired Financing Receivable, ALLL Allocated		22			22			35
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment				$ 324			$ 327
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		2,944		4,483	2,964		3,932
Impaired Financing Receivable, Average Recorded Investment, Total		2,944		4,807	2,964		4,259
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized				3			10
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized		41		39	81		76
Impaired Financing Receivable, Interest Income Recognized, Total		41		42	81		86
Impaired Financing Receivable Allocated Loans and Leases		22			22			35
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		81	[1]		81	[1]		85
Impaired Financing Receivable, with Related Allowance, Recorded Investment		81	[1]		81	[1]		85
Impaired Financing Receivable, ALLL Allocated								1
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment				94			96
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	[1]	108			126
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	[1]	3			5
Single-Family Residential [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		106	[1]		106	[1]		107
Impaired Financing Receivable, with Related Allowance, Recorded Investment		106	[1]		106	[1]		107
Impaired Financing Receivable, ALLL Allocated								1
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment				109			109
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	[1]	106			106
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized				2			3
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	[1]				1
Non-Owner Occupied [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		2,728			2,728			4,420
Impaired Financing Receivable, with Related Allowance, Recorded Investment		2,728			2,728			4,420
Impaired Financing Receivable, ALLL Allocated		22			22			$ 33
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		2,730		4,483	2,732		3,932
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized		$ 38		39	$ 75		76
Owner Occupied [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment				121			122
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized				$ 1			$ 7
[1]	Allowance recorded is less than $1 resulting in rounding to zero.

Loans And Leases (Recorded In_2

Loans And Leases (Recorded Investment In Nonaccrual Loans By Class Of Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due over 90 days still on accrual
Total nonaccrual and nonperforming loans	581	2,439
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans		85
Single-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans	472	550
Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans		1,689
Originated For Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans	35	36
Purchased For Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans	74	79
Nonaccrual [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans	$ 581	$ 2,439

Loans And Leases (Aging Of Reco

Loans And Leases (Aging Of Recorded Investment In Past Due Loans By Class Of Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 1,421	$ 5,226
Loans Not Past Due	855,215	665,215
Nonaccrual Loans Not > 90 Days Past Due	201	302
30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,024	2,757
60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	17	332
Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	380	2,137
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		71
Loans Not Past Due	327,539	170,575
Nonaccrual Loans Not > 90 Days Past Due		85
Commercial Real Estate [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		71
Single-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,267	3,140
Loans Not Past Due	126,974	117,116
Nonaccrual Loans Not > 90 Days Past Due	114	124
Single-Family Residential [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	892	2,453
Single-Family Residential [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	17	261
Single-Family Residential [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	358	426
Multi-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	46,654	39,229
Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		1,689
Loans Not Past Due	151,927	138,762
Non-Owner Occupied [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		1,689
Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	92,176	81,871
Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	28,104	25,221
Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		304
Loans Not Past Due	59,574	67,348
Construction [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		304
Originated For Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	154	22
Loans Not Past Due	19,245	20,713
Nonaccrual Loans Not > 90 Days Past Due	13	14
Originated For Portfolio [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	132
Originated For Portfolio [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	22	22
Purchased For Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	197	206
Nonaccrual Loans Not > 90 Days Past Due	74	79
Other Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	$ 2,825	$ 4,174

Loans And Leases (Recorded In_3

Loans And Leases (Recorded Investment In Loans By Risk Category And Class Of Loans) (Details) - USD ($)		Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Recorded Investment [Line Items]
Loans		$ 856,636,000	$ 670,441,000
Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		154,327,000	146,611,000
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		687,682,000	512,955,000
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		9,747,000	5,020,000
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		4,880,000	5,855,000
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		0	0
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	[1]	327,539,000	170,646,000
Commercial Real Estate [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		847,000
Commercial Real Estate [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		324,884,000	168,617,000
Commercial Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		1,298,000	1,424,000
Commercial Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		510,000	605,000
Single-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		128,241,000	120,256,000
Single-Family Residential [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		127,769,000	119,707,000
Single-Family Residential [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		472,000	549,000
Multi-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		46,654,000	39,229,000
Multi-Family Residential [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		46,508,000	39,081,000
Multi-Family Residential [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		146,000	148,000
Real Estate Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		272,207,000	247,543,000
Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		151,927,000	140,451,000
Non-Owner Occupied [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		62,000	67,000
Non-Owner Occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		142,706,000	134,466,000
Non-Owner Occupied [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		6,431,000	1,498,000
Non-Owner Occupied [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		2,728,000	4,420,000
Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		92,176,000	81,871,000
Owner Occupied [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		309,000
Owner Occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		88,951,000	79,773,000
Owner Occupied [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		2,018,000	2,098,000
Owner Occupied [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		898,000
Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		28,104,000	25,221,000
Land [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		28,104,000	25,221,000
Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		59,574,000	67,652,000
Construction [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		3,045,000	1,855,000
Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		56,529,000	65,797,000
Home Equity Line Of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		19,596,000	20,941,000
Originated For Portfolio [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		19,399,000	20,735,000
Originated For Portfolio [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		19,348,000	20,681,000
Originated For Portfolio [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		51,000	54,000
Purchased For Portfolio [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		197,000	206,000
Purchased For Portfolio [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		122,000	127,000
Purchased For Portfolio [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		75,000	79,000
Other Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		2,825,000	4,174,000
Other Consumer [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		$ 2,825,000	$ 4,174,000
[1]	Includes $4,459 and $4,779 of commercial leases at June 30, 2020 and December 31, 2019, respectively.

Loans And Leases (Components Of

Loans And Leases (Components Of Net Investment In Direct Financing Leases) (Details) - USD ($) $ in Thousands		Jun. 30, 2020	Dec. 31, 2019
Loans And Leases [Abstract]
Total minimum lease payments to be received	[1]	$ 4,856	$ 5,252
Less: unearned income	[1]	(397)	(473)
Net investment in direct financing leases	[1]	$ 4,459	$ 4,779
[1]	There were no initial direct costs associated with these leases.

Loans And Leases (Summary Of Fu

Loans And Leases (Summary Of Future Minimum Lease Payments Receivable) (Details) $ in Thousands	Jun. 30, 2020USD ($)
Loans And Leases [Abstract]
2020	$ 397
2021	793
2022	793
2023	1,563
2024	1,310
Future minimum lease payments	$ 4,856

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Leases [Abstract]
Lease terms extending through year			2024
Operating lease, Weighted average remaining lease term	3 years 8 months 12 days		3 years 8 months 12 days
Operating lease, Weighted average discount rate	6.58%		6.58%
Operating lease costs	$ 97	$ 90	$ 192	$ 217
Variable lease costs	$ 81	$ 70	$ 129	$ 101

Leases (Future Minimum Operatin

Leases (Future Minimum Operating Lease Payments) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Leases [Abstract]
2020, excluding the six months ended June 30, 2020	$ 273
2021	548
2022	536
2023	377
2024	250
Total future minimum rental commitments	1,984
Less - amounts representing interest	(234)
Total operating lease liabilities	$ 1,750	$ 1,960

Fair Value (Narrative) (Details

Fair Value (Narrative) (Details)	6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value assets and liabilities transfer level 1 to level 3	0		0
Fair value assets and liabilities transfer level 3 to level 1	0		0
Unpaid principal balance of impairment loan at collateral			$ 4,612,000
Valuation allowance			35,000
Fair value option, 90 days or more past due	$ 0		0
Write-downs of impaired collateral-dependent loans	0	$ 0
Loans 90 days or more past due and still accruing interest
PPPLF fixed rate	0.35%
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Non-Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	$ 0		0
Liabilities measured at fair value on a recurring basis	0		0
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	0		0
Liabilities measured at fair value on a recurring basis	0		0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Non-Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	0		0
Liabilities measured at fair value on a recurring basis	0		0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value on a recurring basis	0		0
Liabilities measured at fair value on a recurring basis	$ 0		$ 0

Fair Value (Assets And Liabilit

Fair Value (Assets And Liabilities Measured At Fair Value On A Recurring Basis, Including Financial Assets And Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financial Assets:
Total securities available for sale	$ 10,802	$ 8,174
Loans held for sale	165,891	135,711
Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Total securities available for sale	10,802	8,174
Loans held for sale	165,891	135,711
Yield maintenance provisions (embedded derivatives)	2,055	12
Interest rate lock commitments	15,402	3,104
Financial Liabilities:
Interest-rate swaps	2,055	12
TBA Mortgage-backed securities	2,378	350
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Total securities available for sale	10,802	8,174
Loans held for sale	165,891	135,711
Fair Value, Measurements, Recurring [Member] | U.S. Treasury [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Total securities available for sale	10,711	8,017
Fair Value, Measurements, Recurring [Member] | Mortgage-Backed Securities - Residential [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Total securities available for sale	81	130
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Obligations [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Total securities available for sale	10	27
Fair Value, Measurements, Recurring [Member] | Yield Maintenance Provisions (Embedded Derivatives) [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Yield maintenance provisions (embedded derivatives)	2,055	12
Fair Value, Measurements, Recurring [Member] | Interest Rate Lock Commitments [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Interest rate lock commitments	15,402	3,104
Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Liabilities:
Interest-rate swaps	2,055	12
Fair Value, Measurements, Recurring [Member] | TBA Mortgage-Back Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Liabilities:
TBA Mortgage-backed securities	$ 2,378	$ 350

Fair Value (Assets Measured At

Fair Value (Assets Measured At Fair Value On A Non-Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	$ 2,915	$ 4,612
Fair Value, Measurements, Non-Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans		4,577
Commercial Real Estate [Member] | Fair Value, Measurements, Non-Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans		84
Single-Family Residential [Member] | Fair Value, Measurements, Non-Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans		106
Non-Owner Occupied [Member] | Fair Value, Measurements, Non-Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans		$ 4,387

Fair Value (Financial Instrumen

Fair Value (Financial Instruments Measured At Fair Value On A Non-Recurring Basis) (Details) $ in Thousands	Dec. 31, 2019USD ($)
Commercial Real Estate [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 84
Commercial Real Estate [Member] | Weighted Average [Member] | Unobservable Input, Comparability Adjustment [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
(Range) Weighted Average	2.06%
Single-Family Residential [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 106
Single-Family Residential [Member] | Weighted Average [Member] | Unobservable Input, Comparability Adjustment [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
(Range) Weighted Average	3.61%
Non-Owner Occupied [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 4,387
Non-Owner Occupied [Member] | Minimum [Member] | Unobservable Input, Comparability Adjustment [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
(Range) Weighted Average	(2.58%)
Non-Owner Occupied [Member] | Maximum [Member] | Unobservable Input, Comparability Adjustment [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
(Range) Weighted Average	14.00%
Non-Owner Occupied [Member] | Weighted Average [Member] | Unobservable Input, Comparability Adjustment [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
(Range) Weighted Average	2.44%

Fair Value (Aggregate Fair Valu

Fair Value (Aggregate Fair Value, Contractual Balance And Gain Or Loss) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Fair Value [Abstract]
Aggregate fair value	$ 165,891	$ 135,711
Contractual balance	159,718	133,993
Gain	$ 6,173	$ 1,718

Fair Value (Total Amount Of Gai

Fair Value (Total Amount Of Gains And Losses From Changes In Fair Value Included In Earnings) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Fair Value [Abstract]
Interest income	$ 1,256	$ 275	$ 2,453	$ 490
Interest expense
Change in fair value	3,220	516	4,455	776
Total change in fair value	$ 4,476	$ 791	$ 6,908	$ 1,266

Fair Value (Carrying Amounts An

Fair Value (Carrying Amounts And Estimated Fair Values Of Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Financial assets
Securities available for sale	$ 10,802	$ 8,174
Loans held for sale	165,891	135,711
Financial liabilities
FHLB advances and other borrowings	(165,806)	(29,017)
Advances by borrowers for taxes and insurance	(782)	(929)
Fair Value, Inputs, Level 1 [Member]
Financial assets
Cash and cash equivalents	77,376	45,879
Interest-bearing deposits in other financial institutions	100	100
Accrued interest receivable	1	25
Financial liabilities
Deposits	(448,685)	(382,173)
Fair Value, Inputs, Level 2 [Member]
Financial assets
Securities available for sale	10,802	8,174
Loans held for sale	165,891	135,711
Accrued interest receivable	44	40
Yield maintenance provisions (embedded derivatives)	2,055	12
Interest rate lock commitments	15,402	3,104
Financial liabilities
Deposits	(408,995)	(367,375)
FHLB advances and other borrowings	(167,298)	(29,669)
Subordinated debentures	(15,622)	(15,940)
Accrued interest payable	(229)	(208)
Interest-rate swaps	(2,055)	(12)
TBA mortgage-backed securities	(2,378)	(350)
Fair Value, Inputs, Level 3 [Member]
Financial assets
Loans and leases, net	856,282	664,152
Accrued interest receivable	3,800	2,684
Financial liabilities
Advances by borrowers for taxes and insurance	(782)	(929)
Carrying Value [Member]
Financial assets
Cash and cash equivalents	77,376	45,879
Interest-bearing deposits in other financial institutions	100	100
Securities available for sale	10,802	8,174
Loans held for sale	165,891	135,711
Loans and leases, net	846,529	663,303
FHLB and FRB stock	5,216	4,008
Accrued interest receivable	3,845	2,749
Yield maintenance provisions (embedded derivatives)	2,055	12
Interest rate lock commitments	15,402	3,104
Financial liabilities
Deposits	(849,038)	(746,323)
FHLB advances and other borrowings	(165,806)	(29,017)
Advances by borrowers for taxes and insurance	(782)	(929)
Subordinated debentures	(14,825)	(14,806)
Accrued interest payable	(229)	(208)
Interest-rate swaps	(2,055)	(12)
TBA mortgage-backed securities	(2,378)	(350)
Fair Value [Member]
Financial assets
Cash and cash equivalents	77,376	45,879
Interest-bearing deposits in other financial institutions	100	100
Securities available for sale	10,802	8,174
Loans held for sale	165,891	135,711
Loans and leases, net	856,282	664,152
Accrued interest receivable	3,845	2,749
Yield maintenance provisions (embedded derivatives)	2,055	12
Interest rate lock commitments	15,402	3,104
Financial liabilities
Deposits	(857,680)	(749,548)
FHLB advances and other borrowings	(167,298)	(29,669)
Advances by borrowers for taxes and insurance	(782)	(929)
Subordinated debentures	(15,622)	(15,940)
Accrued interest payable	(229)	(208)
Interest-rate swaps	(2,055)	(12)
TBA mortgage-backed securities	$ (2,378)	$ (350)

Subordinated Debentures (Narrat

Subordinated Debentures (Narrative) (Details) - USD ($)	1 Months Ended	6 Months Ended
	Dec. 31, 2018	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2003
Subsidiary, Sale of Stock [Line Items]
Subordinated debentures		$ 14,825,000	$ 14,806,000	$ 5,155,000
Holding Company's investment in the common stock				$ 155,000
Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Holding Company, closed a pooled private offering				5,000
Trust preferred securities with a liquidation amount				$ 1
Subordinated [Member]
Subsidiary, Sale of Stock [Line Items]
Maturity date		Dec. 30, 2033
Required principal payments over next five years		$ 0
Number of years with no principal repayment		5 years
Maximum number of years for deferred interest payments		5 years
Subordinated [Member] | Subordinated Debentures Maturing On December 30,2033 [Member]
Subsidiary, Sale of Stock [Line Items]
Holding Company may redeem the subordinated debentures in a principal amount with integral multiples				$ 1
Percentage in which holding company redeem subordinated debentures				100.00%
Trust preferred securities and subordinated debentures have a stated percentage		4.22%	4.81%
Subordinated [Member] | Fixed-To-Floating Rate Subordinated Notes [Member] | Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Maturity date	Dec. 30, 2028
Subordinated notes	$ 10,000,000	$ 9,670,000
Interest rate	7.00%
Debt issuance costs	$ 388,000
London Interbank Offered Rate [Member] | Subordinated [Member] | Subordinated Debentures Maturing On December 30,2033 [Member]
Subsidiary, Sale of Stock [Line Items]
Variable rate of interest		2.85%
London Interbank Offered Rate [Member] | Subordinated [Member] | Fixed-To-Floating Rate Subordinated Notes [Member]
Subsidiary, Sale of Stock [Line Items]
Subordinated notes		$ 9,612,000
London Interbank Offered Rate [Member] | Subordinated [Member] | Fixed-To-Floating Rate Subordinated Notes [Member] | Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Variable rate of interest	4.14%

FHLB Advances And Other Debt (N

FHLB Advances And Other Debt (Narrative) (Details) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Dec. 31, 2019	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2020	Sep. 30, 2019	Dec. 31, 2018
PPPLF fixed rate				0.35%
Line of credit outstanding	$ 0		$ 0
Third-Party Bank [Member]
Line of credit, borrowing capacity						$ 10,000,000
Variable rate spread	0.75%
Third-Party Bank [Member] | Term Loan [Member]
Loan	$ 5,000,000	$ 4,750,000	5,000,000	$ 4,750,000
Line Of Credit [Member] | Third-Party Bank [Member]
Line of credit, borrowing capacity	10,000,000		10,000,000
Line of credit outstanding		5,000,000		5,000,000
Outstanding borrowings	5,000,000		5,000,000
Line Of Credit [Member] | Third-Party Bank [Member] | Term Loan [Member]
Principal payments	$ 125,000
Line of credit, expiration date	Dec. 23, 2022
Line Of Credit [Member] | Commercial Bank [Member]
Line of credit, borrowing capacity		8,000,000		8,000,000
Line of credit outstanding	$ 0	0	0	0
Line Of Credit [Member] | Commercial Bank Two [Member]
Line of credit, borrowing capacity					$ 15,000,000
FRB PPPLF Advances [Member]
Outstanding borrowings		125,056,000		125,056,000
Warehouse Facility [Member] | Commercial Bank [Member]
Line of credit, borrowing capacity	25,000,000		25,000,000
Line of credit outstanding	7,517,000		7,517,000
Warehouse Facility [Member] | Commercial Bank Three [Member]
Line of credit, borrowing capacity		75,000,000		75,000,000
Line of credit outstanding	$ 0	$ 0	$ 0	$ 0
Minimum [Member] | Warehouse Facility [Member] | Commercial Bank [Member] | London Interbank Offered Rate [Member]
Variable rate spread			2.00%
Minimum [Member] | Warehouse Facility [Member] | Commercial Bank Three [Member] | London Interbank Offered Rate [Member]
Variable rate spread		1.75%
Maximum [Member] | Warehouse Facility [Member] | Commercial Bank [Member] | London Interbank Offered Rate [Member]
Variable rate spread			4.00%
Maximum [Member] | Warehouse Facility [Member] | Commercial Bank Three [Member] | London Interbank Offered Rate [Member]
Variable rate spread		3.50%

FHLB Advances And Other Debt (S

FHLB Advances And Other Debt (Schedule Of FHLB Advances And Other Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Total	$ 165,806	$ 29,017
Federal Home Loan Bank Advances [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
2020, FHLB Weighted Average Rate	2.15%
2021, FHLB Weighted Average Rate	1.63%
2022, FHLB Weighted Average Rate	1.16%
2023, FHLB Weighted Average Rate	0.92%
2024, FHLB Weighted Average Rate	1.90%
2020, FHLB fixed rate advances	$ 3,500	4,500
2021, FHLB fixed rate advances	7,500	4,000
2022, FHLB fixed rate advances	10,000	1,500
2023, FHLB fixed rate advances	3,500
2024, FHLB fixed rate advances	6,500	6,500
Total FHLB fixed rate advances	$ 31,000	16,500
Federal Reserve Bank Advances [Member] | FRB PPPLF Advances [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FRB PPPLF advances, Weighted Average Rate	0.35%
FRB PPPLF advances	$ 125,056
Line Of Credit [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Total variable rate other debt	$ 9,750	12,517
Line Of Credit [Member] | Holding Company Credit Facility [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Variable rate other debt, Weighted Average Rate	4.00%
Total variable rate other debt	$ 9,750	5,000
Line Of Credit [Member] | Warehouse Facility [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Total variable rate other debt		$ 7,517

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)shares	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)ShareBasedCompensationPlanshares	Jun. 30, 2019USD ($)shares	May 29, 2019shares	Mar. 19, 2019shares	May 16, 2013shares	May 21, 2009shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock-based compensation plans | ShareBasedCompensationPlan			2
Compensation cost | $	$ 207	$ 138	$ 350	$ 254
Total income tax (expense) benefit | $	$ 43	29	$ 73	$ 53
Shares available to be issued							272,727
2009 Equity Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares remaining available						0
2019 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized					300,000
Shares remaining available	269,704		269,704
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period			10 years
Shares cancelled, forfeited or expired			14	925
Options exercised			4,545
Shares granted			0	0
Stock Options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting periods			1 year
Stock Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting periods			3 years
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted			0
Unrecognized compensation cost | $	$ 805	$ 972	$ 805	$ 972
Shares vested			17,092
Restricted Stock [Member] | 2009 Equity Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized								36,363
Restricted Stock [Member] | 2019 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted				33,788
Restricted Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting periods			1 year
Restricted Stock [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting periods			3 years

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of Stock Option Activity) (Details) - Stock Options [Member] $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2020USD ($)$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares, Outstanding at beginning of year | shares	95,438
Shares, Exercised | shares	(4,545)
Shares Cancelled or forfeited | shares	(14)
Shares, Outstanding at end of period | shares	90,879
Shares, Exercisable at end of period | shares	90,879
Weighted Average Exercise Price, Beginning Balance | $ / shares	$ 7.64
Weighted Average Exercise Price, Exercised | $ / shares	7.98
Weighted Average Exercise Price, Cancelled or forfeited | $ / shares	17.33
Weighted Average Exercise Price, Ending Balance | $ / shares	7.62
Weighted Average Exercise Price, Exercisable at end of period | $ / shares	$ 7.62
Weighted average remaining contractual term ,Outstanding at end of period	2 years 10 months 24 days
Weighted average remaining contractual term , Exercisable at end of period	2 years 10 months 24 days
Intrinsic value, Outstanding at end of period | $	$ 258
Intrinsic value, Exercisable at end of period | $	$ 258

Stock-Based Compensation (Sum_2

Stock-Based Compensation (Summary Of Changes In Company's Nonvested Restricted Shares) (Details) - Restricted Stock [Member] - $ / shares	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Shares, Nonvested at, Beginning	102,916
Shares, Granted
Shares, Vested	(17,092)
Shares, Forfeited	(5,234)	(1,493)
Shares, Nonvested at, Ending	80,590
Weighted Average Grant date Fair Value, Nonvested at, Beginning	$ 13.11
Weighted Average Grant date Fair Value, Granted
Weighted Average Grant date Fair Value, Vested	12.89
Weighted Average Grant date Fair Value, Forfeited	12.81
Weighted Average Grant date Fair Value, Nonvested at, Ending	$ 13.17

Regulatory Capital Matters (Nar

Regulatory Capital Matters (Narrative) (Details) - USD ($) $ in Thousands	Jan. 01, 2019	Jan. 01, 2016	Jun. 30, 2020
Regulatory Capital Matters [Abstract]
Future percent of common equity to risk-weighted assets	2.50%
Common Equity Tier 1 capital to risk-weighted assets, ratio	4.50%
Capital conservation buffer	2.50%	0.625%
Common Equity Tier 1 capital to risk weighted assets, upon full implementation, ratio	7.00%
Tier 1 Capital To Risk Weighted Assets Ratio	6.00%
Tier 1 Capital To Risk Weighted Assets Upon Full Implementation Ratio	8.50%
Total Capital To Risk Weighted Assets Ratio	8.00%
Total Capital To Risk Weighted Assets Upon Full Implementation Ratio	10.50%
Minimum Leverage Ratio Based On Required Basel 3 Rules	4.00%
Capital Conservative Buffer Phase Period		4 years
Opening balance in liquidation account			$ 14,300

Regulatory Capital Matters (Act

Regulatory Capital Matters (Actual And Required Capital Amounts And Ratios Of CFBank) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Regulatory Capital Matters [Abstract]
Total Capital to risk weighted assets, Actual Amount	$ 116,380	$ 95,164
Tier 1 (Core) Capital to risk weighted assets, Actual Amount	106,086	87,857
Common equity tier 1 capital to risk-weighted assets, Actual Amount	106,086	87,857
Tier 1 (Core) Capital to adjusted total assets, Actual Amount	$ 106,086	$ 87,857
Total Capital to risk weighted assets, Actual Ratio	0.1401	0.1296
Tier 1 (Core) Capital to risk weighted assets, Actual Ratio	0.1277	0.1197
Common equity tier 1 capital to risk-weighted assets, Actual Ratio	0.1277%	0.1197%
Tier 1 (Core) Capital to adjusted total assets, Actual Ratio	0.1044	0.1058
Total Capital to risk weighted assets, Minimum Capital Required-Basel III Fully Phased-In Amount	$ 87,231	$ 77,097
Tier 1 (Core) Capital to risk weighted assets, Minimum Capital Required-Basel III Fully Phased-In Amount	70,615	62,412
Common equity tier 1 capital to risk-weighted assets, Minimum Capital Required-Basel III Fully Phased-In Amount	58,154	51,398
Tier 1 (Core) Capital to adjusted total assets, Minimum Capital Required-Basel III Fully Phased-In Amount	$ 40,637	$ 33,221
Total Capital to risk weighted assets, Minimum Capital Required-Basel III Fully Phased-In Ratio	0.1050	0.1050
Tier 1 (Core) Capital to risk weighted assets, Minimum Capital Required-Basel III Fully Phased-In Ratio	0.0850	0.0850
Common equity tier 1 capital to risk-weighted assets, Minimum Capital Required-Basel III Fully Phased-In Ratio	0.07%	0.07%
Tier 1 (Core) Capital to adjusted total assets, Minimum Capital Required-Basel III Fully Phased-In Ratio	0.0400	0.0400
Total Capital to risk weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	$ 83,077	$ 73,425
Tier 1 (Core) Capital to risk weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	66,461	58,740
Common equity tier 1 capital to risk-weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	54,000	47,726
Tier 1 (Core) Capital to adjusted total assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	$ 50,796	$ 41,526
Total Capital to risk weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Ratio	0.1000	0.1000
Tier 1 (Core) Capital to risk weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Ratio	0.0800	0.0800
Common equity tier 1 capital to risk-weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Ratio	0.065%	0.065%
Tier 1 (Core) Capital to adjusted total assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Ratio	0.0500	0.0500

Derivative Instruments (Narrati

Derivative Instruments (Narrative) (Details) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Interest Rate Swap [Member]
Derivative [Line Items]
Notional amount	$ 31,391,000		$ 12,039,000
Fair value, Derivative assets	2,055,000		12,000
Posted cash collateral	2,391,000
Net gains (losses) recognized in earnings	0	$ 0
Interest Rate Commitments [Member]
Derivative [Line Items]
Fair value, Derivative assets	15,402,000		3,104,000
Notional amount	668,009,000		297,454,000
Interest Rate Lock Commitments [Member]
Derivative [Line Items]
Notional amount	668,009,000		297,454,000
Fair value, Derivative assets	$ 15,402,000		3,104,000
Interest Rate Lock Commitments [Member] | Minimum [Member]
Derivative [Line Items]
Commitments period	30 days
Interest Rate Lock Commitments [Member] | Maximum [Member]
Derivative [Line Items]
Commitments period	60 days
TBA Mortgage-Back Securities [Member]
Derivative [Line Items]
Notional amount	$ 402,250,000		225,500,000
Posted cash collateral	2,192,000
Notional amount	402,250,000		225,500,000
Fair value	(2,378,000)		$ (350,000)
CF Bank [Member]
Derivative [Line Items]
Pledged, collateral derivatives	$ 2,456,000

Derivative Instruments (Summary

Derivative Instruments (Summary Of Derivative Instruments) (Details) - Interest Rate Swap [Member] - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount	$ 31,391	$ 12,039
Weighted average pay rate on interest-rate swaps	4.35%	4.66%
Weighted average receive rate on interest-rate swaps	3.06%	4.63%
Weighted average maturity (years)	8 years 2 months 12 days	7 years 3 months 18 days
Fair value of interest-rate swaps	$ (2,055)	$ (12)
Fair value of yield maintenance provisions	$ 2,055	$ 12

Derivative Instruments (Schedul

Derivative Instruments (Schedule Of Mortgage Banking Derivatives) (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Interest Rate Commitments [Member]
Derivatives, Fair Value [Line Items]
Notional Amount, Assets	$ 668,009	$ 297,454
Fair value, Derivative assets	15,402	3,104
TBA Mortgage-Back Securities [Member]
Derivatives, Fair Value [Line Items]
Notional Amount, Assets	402,250	225,500
Fair Value, Derivative	$ (2,378)	$ (350)

Derivative Instruments (Sched_2

Derivative Instruments (Schedule Of Revenue Recognized On Mortgage Activities) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Derivative Instruments [Abstract]
Gain on loans sold	$ 11,901	$ 1,884	$ 17,482	$ 3,116
Gain (loss) from change in fair value of loans held-for-sale	3,220	516	4,455	776
Gain (loss) from change in fair value of derivatives	4,455	(49)	483	(90)
Revenue recognized on mortgage activities	$ 19,576	$ 2,351	$ 22,420	$ 3,802

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2012	Dec. 31, 2019
Proceeds from sale of common stock					$ 22,500,000
Net operating loss carry forwards	$ 22,579,000		$ 22,579,000
Carryforwards utilize limit before the stock offering closed			163,000
Unutilized operating loss carryforwards that will expire	20,520,000		20,520,000
Reduced deferred tax assets and valuation allowance	$ 6,977,000		$ 6,977,000
Deferred tax liability to be recorded						$ 473,000
Effective tax rate	20.70%	20.40%	20.70%	20.20%
Additional bad debt deductions			$ 2,250,000
Deferred tax asset, valuation allowance	$ 0		0
Deferred tax asset	1,600,000		1,600,000			1,700,000
Unrecognized tax benefits	$ 0		$ 0			$ 0
Minimum [Member]
Net operating loss carryforwards, expiration date			Jan. 1, 2024
Maximum [Member]
Net operating loss carryforwards, expiration date			Dec. 31, 2033

Income Taxes (Summary Of Differ

Income Taxes (Summary Of Differences Between Income Taxes At The Federal Statutory And Effective Tax Rate) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Income Taxes [Abstract]
Statutory tax rate	21.00%	21.00%	21.00%	21.00%
Increase (decrease) resulting from:
Restricted stock	0.00%	0.00%	0.10%	0.00%
Tax exempt income on bank owned life insurance	(0.10%)	(0.30%)	(0.10%)	(0.30%)
Low income housing credits	(0.20%)	(0.50%)	(0.30%)	(0.60%)
Other, net	0.00%	0.20%	0.00%	0.10%
Effective tax rate	20.70%	20.40%	20.70%	20.20%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Schedule Of Accumulated Other Comprehensive Income) (Details) - USD ($)		3 Months Ended		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning of period				$ 28,000
Other comprehensive income (loss), net of tax		$ (26,000)	$ 52,000	118,000	$ 87,000
Accumulated other comprehensive income, end of period		146,000		146,000
Unrealized Gains and Losses on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning of period	[1]	172,000	(38,000)	28,000	(73,000)
Other comprehensive income (loss) before reclassifications	[1],[2]	(26,000)	52,000	118,000	87,000
Other comprehensive income (loss), net of tax	[1]	(26,000)	52,000	118,000	87,000
Accumulated other comprehensive income, end of period	[1]	146,000	14,000	146,000	14,000
Less amount reclassified from accumulated other comprehensive loss		$ 0	$ 0	$ 0	$ 0
[1]	All amounts are net of tax. Amounts in parentheses indicate a reduction of other comprehensive income.
[2]	There were no amounts reclassified out of other comprehensive income for the three and six months ended June 30, 2020 and 2019.

Preferred Stock (Narrative) (De

Preferred Stock (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	May 28, 2020	Oct. 31, 2019	Oct. 25, 2019	Oct. 06, 2017	Sep. 29, 2017	Jul. 15, 2014	May 12, 2014	Apr. 30, 2014	Dec. 31, 2017	Jun. 30, 2020	Mar. 31, 2020	Mar. 30, 2020	Dec. 31, 2019
Schedule of Capitalization, Equity [Line Items]
Common stock, par value										$ 0.01			$ 0.01
Shares authorized										9,090,909			9,090,909
Private Placement [Member]
Schedule of Capitalization, Equity [Line Items]
Aggregate offering price			$ 25,000
Series B Preferred Stock [Member]
Schedule of Capitalization, Equity [Line Items]
Issuance of preferred stock										0			0
Aggregate value
Share conversion, original shares converted				480,000
Stock conversion, estimated preferred stock dividends eliminated quarterly									$ 188
Stock conversion, estimated preferred stock dividends eliminated annually									$ 750
Preferred stock, par value										$ 0.01			$ 0.01
Series B Preferred Stock [Member] | Private Placement [Member]
Schedule of Capitalization, Equity [Line Items]
Issuance of preferred stock						480,000	480,000			480,000
Preferred stock rate								6.25%
Price per share								$ 25
Aggregate value						$ 12,000	$ 12,000
Placement fees						482	482
Other offering expenses						149	149
Net proceeds from issuance of Series B preferred stock						$ 11,369	$ 11,369
Series C Preferred Stock [Member]
Schedule of Capitalization, Equity [Line Items]
Issuance of preferred stock										0			12,337
Aggregate value
Shares issued upon conversion	12,607
Preferred stock, par value										$ 0.01			$ 0.01
Number of outstanding shares											12,607	12,337
Series C Preferred Stock [Member] | Private Placement [Member]
Schedule of Capitalization, Equity [Line Items]
Issuance of preferred stock		12,337
Purchase price per share		$ 1,200
Shares upon conversion												270
Preferred stock, par value		$ 0.01
Common Stock [Member]
Schedule of Capitalization, Equity [Line Items]
Shares post-reverse-split					0.18
Number of shares exchange												27,000
Common Stock [Member] | Prior Reverse Stock Split [Member]
Schedule of Capitalization, Equity [Line Items]
Shares issued upon conversion				6,857,143
Common Stock [Member] | Post Reverse Stock Split [Member]
Schedule of Capitalization, Equity [Line Items]
Shares issued upon conversion				1,246,753
Common Stock [Member] | Private Placement [Member]
Schedule of Capitalization, Equity [Line Items]
Shares sold		849,615
Purchase price per share		$ 12
Non-Voting Common Stock [Member]
Schedule of Capitalization, Equity [Line Items]
Shares upon conversion	100
Common stock, par value										$ 0.01			$ 0.01
Shares authorized	1,260,700									1,260,700			1,260,700
Non-Voting Common Stock [Member] | Private Placement [Member]
Schedule of Capitalization, Equity [Line Items]
Shares upon conversion			100
Common stock, par value			$ 0.01

Common Stock Warrants (Narrativ

Common Stock Warrants (Narrative) (Details) - $ / shares	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2019	Jul. 15, 2014	May 12, 2014
Series B Preferred Stock [Member]
Class of Warrant or Right [Line Items]
Issuance of preferred stock	0	0
Common Stock [Member]
Class of Warrant or Right [Line Items]
Warrants, issued	1,152,125
Warrants, exercise period	5 years
Warrants, expiration date	Jul. 15, 2019
Common Stock [Member] | Post-Reverse-Split Basis [Member]
Class of Warrant or Right [Line Items]
Warrants, issued	209,477
Exercise price of warrant	$ 10.18
Private Placement [Member] | Series B Preferred Stock [Member]
Class of Warrant or Right [Line Items]
Issuance of preferred stock	480,000		480,000	480,000