CF Bankshares (CFBK) 10-Q 15 Nov 21 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Nov. 01, 2021
Document Type	10-Q
Document Quarterly Report	true
Document Fiscal Period Focus	Q3
Document Period End Date	Sep. 30, 2021
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	(Voting) 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
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Amendment Flag	false
Common Stock [Member]
Entity Common Stock, Shares Outstanding		5,317,434
Non-Voting Common Stock [Member]
Entity Common Stock, Shares Outstanding		1,260,700

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Cash and cash equivalents	$ 68,161	$ 221,594
Interest-bearing deposits in other financial institutions	100	100
Securities available for sale	17,128	8,701
Equity securities	5,000	5,000
Loans held for sale, at fair value	77,946	283,165
Loans and leases, net of allowance of $15,487 and $17,022	1,123,712	895,344
FHLB and FRB stock	6,475	5,847
Premises and equipment, net	3,944	3,730
Operating lease right-of-use assets	1,462	1,387
Bank owned life insurance	25,582	17,490
Accrued interest receivable and other assets	25,446	34,637
Total assets	1,354,956	1,476,995
Deposits
Noninterest bearing	243,153	198,675
Interest bearing	913,637	914,395
Total deposits	1,156,790	1,113,070
FHLB advances and other debt	41,218	214,426
Advances by borrowers for taxes and insurance	1,756	1,029
Operating lease liabilities	1,578	1,532
Accrued interest payable and other liabilities	15,571	21,884
Subordinated debentures	14,874	14,844
Total liabilities	1,231,787	1,366,785
Commitments and contingent liabilities
Stockholders' equity
Additional paid-in capital	88,270	87,637
Retained earnings	39,877	26,479
Accumulated other comprehensive income	37	96
Treasury stock, at cost; 148,651 shares of voting common stock at September 30, 2021 and 96,098 shares of voting common stock at December 31, 2020	(5,082)	(4,069)
Total stockholders' equity	123,169	110,210
Total liabilities and stockholder's equity	1,354,956	1,476,995
Common Stock [Member]
Stockholders' equity
Common stock	54	54
Non-Voting Common Stock [Member]
Stockholders' equity
Common stock	13	13
Series C Preferred Stock [Member]
Stockholders' equity
Preferred stock

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Allowance for loans and leases	$ 15,487	$ 17,022
Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	9,090,909	9,090,909
Common stock, shares issued	5,476,294	5,399,702
Treasury stock, shares	148,651	96,098
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	1,260,700
Series C Preferred Stock [Member]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	12,607	12,607
Preferred stock, shares issued	0	0

Consolidated Statements Of Inco

Consolidated Statements Of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest and dividend income
Loans and leases, including fees	$ 12,397	$ 10,504	$ 38,452	$ 30,015
Securities	230	40	529	125
FHLB and FRB stock dividends	55	51	167	145
Federal funds sold and other	21	22	73	146
Total interest and dividend income	12,703	10,617	39,221	30,431
Interest expense
Deposits	1,777	2,803	6,382	9,120
FHLB advances and other debt	289	447	1,096	1,051
Subordinated debentures	224	226	673	713
Total interest expense	2,290	3,476	8,151	10,884
Net interest income	10,413	7,141	31,070	19,547
Provision for loan and lease losses		5,750	(1,600)	8,875
Net interest income after provision for loan and lease losses	10,413	1,391	32,670	10,672
Noninterest income
Service charges on deposit accounts	213	161	612	451
Net gains (losses) on sales of residential mortgage loans	(268)	23,087	5,348	45,556
Net gains (losses) on sales of SBA loans	(1)		1,158
Swap fee income		28	182	435
Gain on redemption of life insurance policies			383
Earnings on bank owned life insurance	142	36	370	108
Gain on sale of deposits	1,893		1,893
Other	98	64	312	126
Total noninterest income	2,077	23,376	10,258	46,676
Noninterest expense
Salaries and employee benefits	4,250	7,352	13,410	16,647
Occupancy and equipment	254	254	835	754
Data processing	520	434	1,580	1,308
Franchise and other taxes	241	180	723	543
Professional fees	959	1,358	3,555	3,545
Director fees	156	134	466	513
Postage, printing and supplies	34	19	120	135
Advertising and marketing	45	1,613	2,572	4,136
Telephone	65	59	191	165
Loan expenses	99	72	187	234
Depreciation	108	98	311	278
FDIC premiums	476	150	1,095	441
Regulatory assessment	66	46	196	136
Other insurance	45	25	113	79
Other	111	123	311	360
Total noninterest expense	7,429	11,917	25,665	29,274
Income before incomes taxes	5,061	12,850	17,263	28,074
Income tax expense	985	2,664	3,277	5,814
Net income	4,076	10,186	13,986	22,260
Earnings allocated to participating securities (Series C preferred stock)				(2,289)
Net income attributable to common stockholders	$ 4,076	$ 10,186	$ 13,986	$ 19,971
Earnings per common share:
Basic	$ 0.63	$ 1.56	$ 2.14	$ 3.41
Diluted	$ 0.61	$ 1.54	$ 2.10	$ 3.36

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Consolidated Statements Of Comprehensive Income [Abstract]
Net income	$ 4,076	$ 10,186	$ 13,986	$ 22,260
Other comprehensive income:
Unrealized holding gains (losses) arising during the period related to securities available for sale, net of tax of ($3) and ($6), and ($15) and $25	(13)	(24)	(59)	94
Other comprehensive income (loss), net of tax	(13)	(24)	(59)	94
Comprehensive income	$ 4,063	$ 10,162	$ 13,927	$ 22,354

Consolidated Statements Of Co_2

Consolidated Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Consolidated Statements Of Comprehensive Income [Abstract]
Unrealized holding gains (losses) arising during the period related to securities available for sale, tax	$ (3)	$ (6)	$ (15)	$ 25

Consolidated Statements Of Chan

Consolidated Statements Of Changes In Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Non-Voting Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income [Member]	Treasury Stock [Member]	Total
Balance at Dec. 31, 2019	$ 54		$ 86,903	$ (2,932)	$ 28	$ (3,389)	$ 80,664
Net income				22,260			22,260
Other comprehensive income (loss)					94		94
Issuance of stock based incentive plan shares, net of forfeitures
Restricted stock expense, net of forfeitures			590				590
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 Sep. 30, 2020	54	13	87,516	19,328	122	(4,064)	102,969
Balance at Jun. 30, 2020	54	13	87,276	9,142	146	(4,064)	92,567
Net income				10,186			10,186
Other comprehensive income (loss)					(24)		(24)
Issuance of stock based incentive plan shares, net of forfeitures
Restricted stock expense, net of forfeitures			240				240
Balance at Sep. 30, 2020	54	13	87,516	19,328	122	(4,064)	102,969
Balance at Dec. 31, 2020	54	13	87,637	26,479	96	(4,069)	110,210
Net income				13,986			13,986
Other comprehensive income (loss)					(59)		(59)
Issuance of stock based incentive plan shares, net of forfeitures
Restricted stock expense, net of forfeitures			527				527
Stock options exercised			106				106
Acquisition of treasury shares surrendered upon vesting of restricted stock for payment of taxes						(43)	(43)
Purchase of treasury shares						(970)	(970)
Cash dividends declared on common stock				(588)			(588)
Balance at Sep. 30, 2021	54	13	88,270	39,877	37	(5,082)	123,169
Balance at Jun. 30, 2021	54	13	88,099	35,997	50	(4,354)	119,859
Net income				4,076			4,076
Other comprehensive income (loss)					(13)		(13)
Issuance of stock based incentive plan shares, net of forfeitures
Restricted stock expense, net of forfeitures			171				171
Acquisition of treasury shares surrendered upon vesting of restricted stock for payment of taxes						(20)	(20)
Purchase of treasury shares						(708)	(708)
Cash dividends declared on common stock				(196)			(196)
Balance at Sep. 30, 2021	$ 54	$ 13	$ 88,270	$ 39,877	$ 37	$ (5,082)	$ 123,169

Consolidated Statements Of Ch_2

Consolidated Statements Of Changes In Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Issuance of stock based incentive plan, shares	1,500	19,660	69,960	19,660
Treasury shares, acquisition	1,092		2,261	1,869
Treasury shares, purchase	36,691		50,292	61,000
Dividends declared, per share	$ 0.03		$ 0.09
Series C Preferred Stock [Member]
Conversion of Series C preferred stock, shares				12,607
Non-Voting Common Stock [Member]
Non-voting common stock, shares				1,260,700

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Consolidated Statements Of Cash Flows [Abstract]
Net income	$ 13,986	$ 22,260
Adjustments to reconcile net income to net cash from (used by) operating activities:
Provision for loan and lease losses	(1,600)	8,875
Depreciation	311	278
Amortization, net	(2,047)	(924)
Deferred income tax (benefit)	307	(1,677)
Originations of loans held for sale	(2,228,104)	(1,295,005)
Proceeds from sale of loans held for sale	2,422,060	1,220,968
Net gains on sales of residential mortgage loans	(5,348)	(45,556)
Net gains on sales of SBA loans	(1,158)
Gain on sale of deposits	(1,893)
Loss on disposal of premises and equipment	17
Earnings on bank owned life insurance	(370)	(108)
Gain on redemption of life insurance policies	(383)
Stock-based compensation expense	527	590
Net change in:
Accrued interest receivable and other assets	16,853	(22,684)
Operating lease right-of-use asset	337	292
Operating lease right-of-use liability	(366)	(318)
Accrued interest payable and other liabilities	(14,268)	11,221
Net cash from (used by) operating activities	198,861	(101,788)
Cash flows from investing activities
Available-for-sale securities: Maturities, prepayments and calls	4,522	4,085
Available-for-sale securities: Purchases	(13,070)	(5,552)
Purchase of bank owned life insurance	(8,000)
Loan and lease originations and payments, net	(218,170)	(216,349)
Purchase of loans and leases	(18,677)
Proceeds from the sale of loans	29,972	1,439
Additions to premises and equipment	(913)	(224)
Purchase of FRB and FHLB Stock	(628)	(1,369)
Purchase of other investments	(500)	(1,000)
Return of investment- joint ventures	501	337
Proceeds from the redemption of life insurance policies	661
Proceeds from the sale of premises and equipment	371
Net cash from (used by) investing activities	(223,931)	(218,633)
Cash flows from financing activities:
Net change in deposits	148,031	227,645
Cash paid for assumption of deposits in branch sale	(102,418)
Proceeds from FHLB advances and other debt	125,769	450,637
Repayments on FHLB advances and other debt	(228,964)	(309,925)
Net change in warehouse line of credit	(70,013)
Net change in advances by borrowers for taxes and insurance	727	(392)
Cash dividends paid on common stock	(588)
Proceeds from exercise of stock options	106	36
Acquisition of treasury shares surrendered upon vesting of restricted stock for payment of taxes	(43)	(27)
Purchase of treasury shares	(970)	(648)
Net cash from (used by) financing activities	(128,363)	367,326
Net change in cash and cash equivalents	(153,433)	46,905
Beginning cash and cash equivalents	221,594	45,879
Ending cash and cash equivalents	68,161	92,784
Supplemental cash flow information:
Interest paid	8,111	10,411
Income tax paid	3,125	7,800
Supplemental noncash disclosures:
Loans transferred from held for sale to portfolio	16,611	1,404
Investment payable on limited partnerships	7,955	500
Initial recognition of operating right-of-use lease asset	412
Initial recognition of operating right-of-use lease liability	$ 412
Loans held for sale funded with other debt, net of repayments		$ 54,792

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2021
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. (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 nine months ended September 30, 2021 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 2020 Annual Report to Stockholders that was filed as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 (referred to herein as the “2020 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 status is reversed against interest income in the period in which it is placed on 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, commercial real estate and construction segments 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. 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 Nine months ended September 30, September 30, 2021 2020 2021 2020 (unaudited) (unaudited) Basic Net income $ 4,076 $ 10,186 $ 13,986 $ 22,260 Earnings allocated to participating securities (Series C preferred stock) (1) - - - ( 2,289 ) Net income allocated to common stockholders $ 4,076 $ 10,186 $ 13,986 $ 19,971 Weighted average common shares outstanding including unvested share-based payment awards 6,609,962 6,563,264 6,625,699 5,907,395 Less: Unvested share-based payment awards-2019 Plan ( 99,458 ) ( 47,875 ) ( 97,573 ) ( 42,202 ) Average shares 6,510,504 6,515,389 6,528,126 5,865,193 Basic earnings per common share $ 0.63 $ 1.56 $ 2.14 $ 3.41 Diluted Net earnings allocated to common stockholders $ 4,076 $ 10,186 $ 13,986 $ 19,971 Add back: Preferred Dividends on Series B preferred stock and accretion of discount - - - - Net earnings allocated to common stockholders $ 4,076 $ 10,186 $ 13,986 $ 19,971 Weighted average common shares outstanding for basic earnings per common share 6,510,504 6,515,389 6,528,126 5,865,193 Add: Dilutive effects of assumed exercises of stock options 47,288 33,732 46,615 28,305 Add: Dilutive effects of unvested share-based payment awards-2019 Plan 99,458 47,875 97,573 42,202 Average shares and dilutive potential common shares 6,657,250 6,596,996 6,672,314 5,935,700 Diluted earnings per common share $ 0.61 $ 1.54 $ 2.10 $ 3.36 (1) All 12,607 outstanding shares of Series C preferred stock were converted into a total of 1,260,700 shares of the Company’s Non-Voting Common Stock effective as of the close of business on May 28, 2020. The following securities exercisable for common shares were anti-dilutive and not considered in computing diluted earnings per common share: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 (unaudited) (unaudited) Stock options - 437 - 442 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 notes, 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 notes. Future Accounting Matters: In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (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	9 Months Ended
	Sep. 30, 2021
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 Noninterest 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). Payments for such performance obligations are generally received at the time the performance obligations are satisfied.

Securities

Securities	9 Months Ended
	Sep. 30, 2021
Securities [Abstract]
Securities	NOTE 3 – SECURITIES The following table summarizes the amortized cost and fair value of the available-for-sale securities portfolio at September 30, 2021 and December 31, 2020 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 September 30, 2021 (unaudited) Corporate debt $ 9,976 $ - $ - $ 9,976 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 7,065 54 9 7,110 Mortgage-backed securities - residential 40 2 - 42 Total $ 17,081 $ 56 $ 9 $ 17,128 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2020 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury $ 8,517 $ 119 $ - $ 8,636 Mortgage-backed securities - residential 62 3 - 65 Total $ 8,579 $ 122 $ - $ 8,701 There was no other-than-temporary impairment recognized in accumulated other comprehensive income (loss) for securities available for sale at September 30, 2021 or September 30, 2020. There were no sales of securities during the nine months ended September 30, 2021 and 2020. The amortized cost and fair value of debt securities at September 30, 2021 and December 31, 2020 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. September 30, 2021 December 31, 2020 (unaudited) Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 3,511 $ 3,530 $ 5,011 $ 5,033 Due from one to five years 3,554 3,580 3,506 3,603 Due from five to ten years 9,976 9,976 - - Mortgage-backed securities - residential 40 42 62 65 Total $ 17,081 $ 17,128 $ 8,579 $ 8,701 Fair value of securities pledged as collateral was as follows: September 30, 2021 December 31, 2020 (unaudited) Pledged as collateral for: FHLB advances $ 1,526 $ 1,017 Public deposits 504 3,060 Mortgage banking derivatives 1,514 3,016 Total $ 3,544 $ 7,093 At September 30, 2021 and December 31, 2020, there were no holdings of securities of any one issuer in an amount greater than 10 % of stockholders’ equity. The following table summarizes securities with unrealized losses at September 30, 2021, aggregated by major security type and length of time in a continuous unrealized loss position. September 30, 2021 (unaudited) 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 $ 3,050 9 $ - $ - $ 3,050 $ 9 Total temporarily impaired $ 3,050 $ 9 $ - $ - $ 3,050 $ 9 The unrealized losses in U.S. Treasuries at September 30, 2021 were related to multiple securities. Because the decline in fair value was attributable to changes in market conditions, and not credit quality, and because the Company did not have the intent to sell these securities and it was likely that it would 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 September 30, 2021. There were no unrealized losses at December 31, 2020.

Loans And Leases

Loans And Leases	9 Months Ended
	Sep. 30, 2021
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. September 30, 2021 December 31, 2020 (unaudited) Commercial (1) $ 293,542 $ 338,286 Real estate: Single-family residential 288,976 147,860 Multi-family residential 88,745 45,375 Commercial 359,995 277,028 Construction 82,488 80,426 Consumer: Home equity lines of credit 23,050 20,962 Other 2,403 2,429 Subtotal 1,139,199 912,366 Less: ALLL ( 15,487 ) ( 17,022 ) Loans and leases, net $ 1,123,712 $ 895,344 (1) Includes $ 21,620 and $ 4,133 of commercial leases at September 30, 2021 and December 31, 2020, respectively. Included in Commercial loans at September 30, 2021 and December 31, 2020, were $ 442 and $ 105,269 , respectively, of loans originated under the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”). The Coronavirus Aid, Relief, and Economic Security Act of 2020, as amended (the “CARES Act”) authorized the SBA to temporarily guarantee loans under a new 7(a) loan program, the PPP, to provide funding to small businesses to pay certain payroll costs and benefits, and other expenses, during the COVID-19 pandemic. These loans are 100% guaranteed by the SBA and the full principal amount of the loans may qualify for forgiveness. The loans we originated have a maturity of two years , an interest rate of 1.00 % and loan payments were deferred for the initial six months (which deferral period was subsequently extended to 10 months pursuant to the Paycheck Protection Program Flexibility Act of 2020). The majority of these loans have been pledged as collateral for borrowings by the Company under the FRB Paycheck Protection Program Lending Facility (“PPPLF”). See Note 8- FHLB Advances and Other Debt for additional information. Mortgage Purchase Program CFBank previously participated in a Mortgage Purchase Program with Northpointe Bank (Northpointe), a Michigan banking corporation, from December 2012 until CFBank discontinued its participation in the program in the first quarter of 2021. Pursuant to the terms of a participation agreement, CFBank purchased 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 were individually (MERS) registered loans which were held until funded by the end investor. The mortgage loan investors included Fannie Mae and Freddie Mac, and other major financial institutions. This process on average took 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) were substantially reduced. Therefore, no allowance was allocated by CFBank to these loans. These loans were 100 % risk rated for CFBank capital adequacy purposes. Under the participation agreement, CFBank agreed to purchase a 95 % ownership/participation interest in each of the aforementioned loans, and Northpointe maintained a 5 % ownership interest in each loan it participated. CFBank exited this program during the first quarter 2021. At September 30, 2021 and December 31, 2020, CFBank held $ 0 and $ 15,713 , 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 2020 Audited Financial Statements. The following tables present the activity in the ALLL by portfolio segment for the three and nine months ended September 30, 2021: Three months ended September 30, 2021 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total Beginning balance $ 3,377 $ 2,431 $ 777 $ 6,834 $ 1,679 $ 236 $ 161 $ 15,495 Addition to (reduction in) provision for loan losses 200 365 150 ( 550 ) ( 200 ) 25 10 - Charge-offs - ( 17 ) - - - - - ( 17 ) Recoveries - 4 - - - 5 - 9 Ending balance $ 3,577 $ 2,783 $ 927 $ 6,284 $ 1,479 $ 266 $ 171 $ 15,487 Nine months ended September 30, 2021 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total Beginning balance $ 3,426 $ 1,299 $ 467 $ 9,184 $ 2,254 $ 276 $ 116 $ 17,022 Addition to (reduction in) provision for loan losses 95 1,490 460 ( 2,900 ) ( 775 ) ( 25 ) 55 ( 1,600 ) Charge-offs - ( 17 ) - - - - - ( 17 ) Recoveries 56 11 - - - 15 - 82 Ending balance $ 3,577 $ 2,783 $ 927 $ 6,284 $ 1,479 $ 266 $ 171 $ 15,487 The following table presents the activity in the ALLL by portfolio segment for the three and nine months ended September 30, 2020: Three months ended September 30, 2020 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total Beginning balance $ 2,664 $ 999 $ 567 $ 4,534 $ 1,024 $ 263 $ 56 $ 10,107 Addition to (reduction in) provision for loan losses 610 500 - 4,400 250 - ( 10 ) 5,750 Charge-offs - ( 350 ) - - - ( 21 ) - ( 371 ) Recoveries - 1 - - - 5 - 6 Ending balance $ 3,274 $ 1,150 $ 567 $ 8,934 $ 1,274 $ 247 $ 46 $ 15,492 Nine months ended September 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 1,330 605 120 6,330 515 ( 10 ) ( 15 ) 8,875 Charge-offs ( 110 ) ( 408 ) - - - ( 21 ) - ( 539 ) Recoveries - 5 - - - 13 - 18 Ending balance $ 3,274 $ 1,150 $ 567 $ 8,934 $ 1,274 $ 247 $ 46 $ 15,492 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 September 30, 2021 (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 $ - $ - $ - $ 23 $ - $ - $ - $ 23 Collectively evaluated for impairment 3,577 2,783 927 6,261 1,479 266 171 15,464 Total ending allowance balance $ 3,577 $ 2,783 $ 927 $ 6,284 $ 1,479 $ 266 $ 171 $ 15,487 Loans: Individually evaluated for impairment $ 230 $ 100 $ - $ 2,680 $ - $ - $ - $ 3,010 Collectively evaluated for impairment 293,312 288,876 88,745 357,315 82,488 23,050 2,403 1,136,189 Total ending loan balance $ 293,542 $ 288,976 $ 88,745 $ 359,995 $ 82,488 $ 23,050 $ 2,403 $ 1,139,199 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, 2020: 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 $ - $ - $ - $ 23 $ - $ - $ - $ 23 Collectively evaluated for impairment 3,426 1,299 467 9,161 2,254 276 116 16,999 Total ending allowance balance $ 3,426 $ 1,299 $ 467 $ 9,184 $ 2,254 $ 276 $ 116 $ 17,022 Loans: Individually evaluated for impairment $ 268 $ 104 $ - $ 2,718 $ - $ - $ - $ 3,090 Collectively evaluated for impairment 338,018 147,756 45,375 274,310 80,426 20,962 2,429 909,276 Total ending loan balance $ 338,286 $ 147,860 $ 45,375 $ 277,028 $ 80,426 $ 20,962 $ 2,429 $ 912,366 The following table presents loans individually evaluated for impairment by class of loans as of and for the period ended September 30, 2021. 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 nine months ended September 30, 2021. Cash payments of interest on these loans during the three and nine months ended September 30, 2021 totaled $ 38 and $ 127 , respectively. Three months ended Nine months ended As of September 30, 2021 September 30, 2021 September 30, 2021 (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) 494 230 - 235 2 247 7 Real estate: Single-family residential (1) 100 100 - 101 2 102 4 Commercial: Non-owner occupied 2,680 2,680 23 2,682 37 2,695 112 Total with an allowance recorded 3,274 3,010 23 3,018 41 3,044 123 Total $ 3,274 $ 3,010 $ 23 $ 3,018 $ 41 $ 3,044 $ 123 (1) Allowance recorded in an amount less than $1 has been rounded down to zero. The following table presents loans individually evaluated for impairment by class of loans as of December 31, 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 nine months ended September 30, 2020. Cash payments of interest during the three and nine months ended September 30, 2020 totaled $ 51 and $ 105 , respectively. Three months ended Nine months ended As of December 31, 2020 September 30, 2020 September 30, 2020 (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: Owner occupied $ - $ - $ - $ - $ - $ - $ - Total with no allowance recorded - - - - - - - With an allowance recorded: Commercial (1) 533 268 - 80 2 111 8 Real estate: Single-family residential (1) 104 104 - 105 1 106 3 Commercial: Non-owner occupied 2,718 2,718 23 2,728 38 2,730 113 Total with an allowance recorded 3,355 3,090 23 2,913 41 2,947 124 Total $ 3,355 $ 3,090 $ 23 $ 2,913 $ 41 $ 2,947 $ 124 The following table presents the recorded investment in nonperforming loans by class of loans: September 30, 2021 December 31, 2020 (unaudited) Loans past due over 90 days still on accrual $ - $ - Nonaccrual loans: Commercial 155 190 Real estate: Single-family residential 659 421 Consumer: Home equity lines of credit: Originated for portfolio 153 12 Purchased for portfolio 44 72 Total nonaccrual 1,011 695 Total nonaccrual and nonperforming loans $ 1,011 $ 695 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 September 30, 2021 or December 31, 2020. The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of September 30, 2021 (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 $ 276 $ - $ - $ 276 $ 293,266 $ 155 Real estate: Single-family residential - 1,039 563 1,602 287,374 96 Multi-family residential - - - - 88,745 - Commercial: Non-owner occupied - - - - 196,592 - Owner occupied - - - - 123,160 - Land - - - - 40,243 - Construction - - - - 82,488 - Consumer: Home equity lines of credit: Originated for portfolio - - 153 153 22,724 - Purchased for portfolio - - 44 44 129 - Other - - - - 2,403 - Total $ 276 $ 1,039 $ 760 $ 2,075 $ 1,137,124 $ 251 The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2020: 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 $ - $ - $ - $ - $ 338,286 $ 190 Real estate: Single-family residential 1,747 - 315 2,062 145,798 106 Multi-family residential - - - - 45,375 - Commercial: Non-owner occupied - 78 - 78 159,835 - Owner occupied - - - - 90,049 - Land - - - - 27,066 - Construction - - - - 80,426 - Consumer: Home equity lines of credit: Originated for portfolio - - - - 20,773 12 Purchased for portfolio - - 46 46 143 26 Other - - - - 2,429 - Total $ 1,747 $ 78 $ 361 $ 2,186 $ 910,180 $ 334 Short-term Loan Deferrals Under the CARES Act, as amended by the Consolidated Appropriations Act, 2021 , financial institutions are permitted to not classify loan modifications as TDRs that were related to the impact of COVID-19 if:  The modifications were made between March 1, 2020 and the earlier of January 1, 2022 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 September 30, 2021, there were no loans remaining on temporary deferrals under this program. 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 September 30, 2021 and December 31, 2020, TDRs totaled $ 3,010 and $ 3,090 , respectively. The Company allocated $ 23 and $ 23 of specific reserves to loans whose terms had been modified in TDRs as of September 30, 2021 and December 31, 2020, respectively. The Company had not committed to lend any additional amounts as of September 30, 2021 or December 31, 2020 to customers with outstanding loans classified as nonaccrual TDRs. During the three and nine months ended September 30, 2021 and September 30, 2020, there were no loans modified as a TDR. There were no TDRs in payment default or that became nonperforming during the quarters ended September 30, 2021 and September 30, 2020. 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. 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 September 30, 2021 and at December 31, 2020, nonaccrual TDRs were as follows: September 30, 2021 December 31, 2020 (unaudited) Commercial $ 155 $ 190 Total $ 155 $ 190 Nonaccrual loans at September 30, 2021 and December 31, 2020 do not include $ 2,855 and $ 2,900 , 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 September 30, 2021 and based on the most recent analysis performed follows. (unaudited) Not Rated Pass Special Mention Substandard Doubtful Total Commercial $ - $ 293,298 $ - $ 89 $ 155 $ 293,542 Real estate: Single-family residential 288,317 - - 659 - 288,976 Multi-family residential - 88,745 - - - 88,745 Commercial: Non-owner occupied - 187,454 6,458 2,680 - 196,592 Owner occupied - 120,434 1,939 787 - 123,160 Land - 40,243 - - - 40,243 Construction - 81,949 539 - - 82,488 Consumer: Home equity lines of credit: Originated for portfolio 22,724 - - 153 - 22,877 Purchased for portfolio 129 - - 44 - 173 Other 2,403 - - - - 2,403 $ 313,573 $ 812,123 $ 8,936 $ 4,412 $ 155 $ 1,139,199 The recorded investment in loans and leases by risk category and by class of loans and leases as of December 31, 2020 follows. Not Rated Pass Special Mention Substandard Doubtful Total Commercial $ 1 $ 337,110 $ 664 $ 321 $ 190 $ 338,286 Real estate: Single-family residential 147,439 - - 421 - 147,860 Multi-family residential - 45,249 - 126 - 45,375 Commercial: Non-owner occupied 57 150,084 7,054 2,718 - 159,913 Owner occupied - 87,636 1,537 876 - 90,049 Land - 27,066 - - - 27,066 Construction - 80,247 179 - - 80,426 Consumer: Home equity lines of credit: Originated for portfolio 20,746 - - 27 - 20,773 Purchased for portfolio 118 - - 71 - 189 Other 2,429 - - - - 2,429 $ 170,790 $ 727,392 $ 9,434 $ 4,560 $ 190 $ 912,366 Leases: The following lists the components of the net investment in direct financing leases (1) : September 30, 2021 December 31, 2020 (unaudited) Total minimum lease payments to be received $ 23,884 $ 4,459 Less: unearned income ( 2,324 ) ( 326 ) Plus: Indirect initial costs 60 - Net investment in direct financing leases $ 21,620 $ 4,133 The following summarizes the future minimum lease payments receivable in fiscal year 2021 and in subsequent fiscal years: 2021, excluding the nine months ended September 30, 2021 $ 1,537 2022 5,514 2023 5,456 2024 5,089 2025 4,342 Thereafter 1,946 $ 23,884

Leases

Leases	9 Months Ended
	Sep. 30, 2021
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 2026 . 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 September 30, 2021, the weighted-average remaining lease term for the Company’s operating leases was 3.2 years and the weighted-average discount rate was 5.93 %. The Company’s operating lease costs were $ 122 and $ 337 for the three and nine months ended September 30, 2021, respectively and $ 100 and $ 292 for the three and nine months ended September 30, 2020, respectively. The variable lease costs totaled $ 67 and $ 217 for the three and nine months ended September 30, 2021, respectively, and $ 59 and $ 187 for the three and nine months ended September 30, 2020, respectively. 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 September 30, 2021 are as follows: 2021, excluding the nine months ended September 30, 2021 $ 156 2022 609 2023 460 2024 364 2025 114 Thereafter 28 Total future minimum rental commitments 1,731 Less - amounts representing interest ( 153 ) Total operating lease liabilities $ 1,578

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 using Significant Other Observable Inputs (Level 2) (unaudited) Financial Assets: Securities available for sale: Corporate debt $ 9,976 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 7,110 Mortgage-backed securities - residential 42 Total securities available for sale $ 17,128 Loans held for sale $ 77,946 Derivative assets $ 726 Interest rate lock commitments $ 519 TBA Mortgage-back securities $ 379 Financial Liabilities: Derivative liabilities $ 726 Fair Value Measurements at December 31, 2020 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 $ 8,636 Mortgage-backed securities - residential 65 Total securities available for sale $ 8,701 Loans held for sale $ 283,165 Derivative assets $ 1,944 Interest rate lock commitments $ 18,101 Financial Liabilities: Derivative liabilities $ 1,944 TBA Mortgage-backed securities $ 2,690 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 September 30, 2021 or December 31, 2020. There were no transfers of assets or liabilities measured at fair value between levels during the periods ended September 30, 2021 and December 31, 2020. There were no assets or liabilities measured at fair value on a non-recurring basis at September 30, 2021. Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2020 are summarized below: Fair Value Measurements at December 31, 2020 Using Significant Unobservable Inputs (Level 3) Impaired loans: Commercial $ 190 Total impaired loans $ 190 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 September 30, 2021 or December 31, 2020. There were no write-downs of impaired collateral dependent loans during the nine months ended September 30, 2021 or 2020. Impaired loans that are measured for impairment using the fair value of the collateral for collateral dependent loans, had a principal balance of $ 190 , with a valuation allowance of $ 0 at December 31, 2020. During the nine months ended September 30, 2021, 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 September 30, 2021. 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, 2020: Fair Value Valuation Technique(s) Unobservable Inputs (Range) Weighted Average Impaired loans: Commercial $ 190 Comparable sales approach Adjustment for differences between the comparable market transactions 65.00 % 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. 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 September 30, 2021 or December 31, 2020. As of September 30, 2021 and December 31, 2020, the aggregate fair value, contractual balance and gain or loss on loans held for sale were as follows: September 30, 2021 December 31, 2020 (unaudited) Aggregate fair value $ 77,946 $ 283,165 Contractual balance 77,023 274,401 Gain $ 923 $ 8,764 The total amount of gains and losses from changes in fair value included in earnings for the three and nine months ended September 30, 2021 and 2020 for loans held for sale were: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 (unaudited) (unaudited) Interest income $ 1,008 $ 1,467 $ 5,347 $ 3,920 Interest expense - - - - Change in fair value ( 1,916 ) 4,669 ( 7,841 ) 9,124 Total change in fair value $ ( 908 ) $ 6,136 $ ( 2,494 ) $ 13,044 The carrying amounts and estimated fair values of financial instruments at September 30, 2021 were as follows: Fair Value Measurements at September 30, 2021 Using: Carrying (unaudited) Value Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 68,161 $ 68,161 $ - $ - $ 68,161 Interest-bearing deposits in other financial institutions 100 100 - - 100 Securities available for sale 17,128 - 17,128 - 17,128 Equity Securities 5,000 - 5,000 - 5,000 Loans held for sale 77,946 - 77,946 - 77,946 Loans and leases, net 1,123,712 - - 1,133,907 1,133,907 FHLB and FRB stock 6,475 n/a n/a n/a n/a Accrued interest receivable 4,531 1 207 4,322 4,530 Derivative assets 726 - 726 - 726 Interest rate lock commitments 519 - 519 - 519 TBA mortgage-back securities 379 - 379 - 379 Financial liabilities Deposits $ ( 1,156,790 ) $ ( 600,725 ) $ ( 559,307 ) $ - $ ( 1,160,032 ) FHLB advances and other borrowings ( 41,218 ) - ( 41,965 ) - ( 41,965 ) Advances by borrowers for taxes and insurance ( 1,756 ) - - ( 1,756 ) ( 1,756 ) Subordinated debentures ( 14,874 ) - ( 16,171 ) - ( 16,171 ) Accrued interest payable ( 539 ) - ( 539 ) - ( 539 ) Derivative liabilities ( 726 ) - ( 726 ) - ( 726 ) The carrying amounts and estimated fair values of financial instruments at December 31, 2020 were as follows: Fair Value Measurements at December 31, 2020 Using: Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 221,594 $ 221,594 $ - $ - $ 221,594 Interest-bearing deposits in other financial institutions 100 100 - - 100 Securities available for sale 8,701 - 8,701 - 8,701 Equity Securities 5,000 - - 5,000 5,000 Loans held for sale 283,165 - 283,165 - 283,165 Loans and leases, net 895,344 - - 905,030 905,030 FHLB and FRB stock 5,847 n/a n/a n/a n/a Accrued interest receivable 4,584 1 36 4,547 4,584 Derivative assets 1,944 - 1,944 - 1,944 Interest rate lock commitments 18,101 - 18,101 - 18,101 Financial liabilities Deposits $ ( 1,113,070 ) $ ( 554,650 ) $ ( 565,089 ) $ - $ ( 1,119,739 ) FHLB advances and other borrowings ( 214,426 ) - ( 215,531 ) - ( 215,531 ) Advances by borrowers for taxes and insurance ( 1,029 ) - - ( 1,029 ) ( 1,029 ) Subordinated debentures ( 14,844 ) - ( 16,325 ) - ( 16,325 ) Accrued interest payable ( 498 ) - ( 498 ) - ( 498 ) Derivative liabilities ( 1,944 ) - ( 1,944 ) - ( 1,944 ) TBA mortgage-backed securities ( 2,690 ) - ( 2,690 ) - ( 2,690 ) 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 September 30, 2021, 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	9 Months Ended
	Sep. 30, 2021
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 3.00 % at September 30, 2021 and 3.09 % at December 31, 2020. 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 September 30, 2021, the balance of the subordinated notes, net of unamortized debt issuance costs, was $ 9,719 .

FHLB Advances And Other Debt

FHLB Advances And Other Debt	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 December 31, 2020 FHLB fixed rate advances: Maturities: 2021 0.00 % $ - $ 7,500 2022 1.16 % 10,000 10,000 2023 0.92 % 3,500 3,500 2024 1.90 % 6,500 6,500 Total FHLB fixed rate advances 20,000 27,500 Fixed rate other debt: FRB PPPLF advances 0.35 % 449 107,413 Variable rate other debt: Holding Company credit facility 3.85 % 20,769 9,500 Warehouse facility - - 70,013 Total variable rate other debt 20,769 79,513 Total $ 41,218 $ 214,426 Each FHLB advance is payable at its maturity date, with a prepayment penalty for fixed-rate advances. Prior to May 21, 2021, the Holding Company had a term loan in the original principal amount of $ 5,000 with an additional $ 10,000 revolving line-of-credit with a third-party bank. That credit facility was refinanced into a new $ 35 million facility on May 21, 2021. The credit facility is revolving until May 21, 2024, at which time any then-outstanding balance will be converted to a 10-year term note on a graduated 10-year amortization. Borrowings on the credit facility bear interest at a fixed rate of 3.85 % until May 21, 2026 , and the interest rate then converts to a floating rate equal to PRIME with a floor of 3.25 %. 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. At September 30, 2021, the Company had an outstanding balance of $ 20,769 on the facility. At September 30, 2021, CFBank had availability in unused lines of credit at two commercial banks in amounts of $ 50,000 and $ 15,000 . There were no outstanding borrowings on either line at September 30, 2021 and December 31, 2020. Interest on any principal amounts outstanding from time to time under these lines accrues daily at a variable rate based on the commercial bank’s cost of funds and current market returns. During 2019, CFBank entered into a $ 25,000 warehouse facility with a commercial bank. The warehouse facility was used to periodically fund loans held for sale from the close (funding) date until they were sold in the secondary market. Borrowings on the facility bore interest at the greater of (a) the 30-day LIBOR plus 2.00 % or (b) 4.00 % and were secured by the specific loans that were funded. This warehouse facility, which was closed during the third quarter of 2021, had no outstanding balance at September 30, 2021 and December 31, 2020. During 2020, CFBank entered into an additional $ 75,000 warehouse facility with a commercial bank. The purpose of the warehouse facility was to periodically fund loans held for sale from the close (funding) date until sold in the secondary market. Borrowings on the facility bore interest at the greater of (a) the 30-day LIBOR plus 2.35 % or (b) 2.90 % and were secured by the specific loans that were funded. This warehouse facility, which was closed during the second quarter of 2021, had an outstanding balance of $ 0 at September 30, 2021, and $ 70,013 at December 31, 2020. The CARES Act amended the SBA loan program, in which CFBank participates, to create the PPP as a guaranteed, unsecured loan program to fund operational costs of eligible businesses, organizations and self-employed persons during COVID-19. During 2020, CFBank processed 558 PPP loans totaling approximately $ 126 million. To support the effectiveness of the PPP, the Federal Reserve Board (the “FRB”) 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. If a PPP loan pays off early, the corresponding PPPLF borrowing must be paid off as well. At September 30, 2021, the Company’s PPP loans and related PPPLF funding had a weighted average life of approximately 0.5 years. At September 30, 2021, the principal balance of PPPLF advances outstanding was $ 449 . At December 31, 2020, the Company’s PPP loans and related PPPLF funding had a weighted average life of approximately 1.2 years. At December 31, 2020, the principal balance of PPPLF advances outstanding was $ 107,413 .

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2021
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 $ 171 and $ 527 , respectively, for the three and nine months ended September 30, 2021 and $ 240 and $ 590 , respectively, for the three and nine months ended September 30, 2020. The total income tax effect was $ 36 and $ 111 , respectively, for the three and nine months ended September 30, 2021 and $ 50 and $ 124 , respectively, for the three and nine months ended September 30, 2020. Both Plans are 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 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. 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. There were 184,855 shares remaining available for awards of stock options, stock appreciation rights, restricted stock or restricted stock units under the 2019 Plan at September 30, 2021. 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 1 to 3 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 nine months ended September 30, 2021 and September 30, 2020. There were 14,544 options exercised during the nine months ended September 30, 2021 and 4,545 options exercised during the nine months ended September 30, 2020. A summary of stock option activity in the Plans for the nine months ended September 30, 2021 follows (unaudited): Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (Years) Intrinsic Value Outstanding at beginning of year 90,442 $ 7.57 Exercised ( 14,544 ) 7.27 Expired - - Cancelled or forfeited ( 1,454 ) 7.87 Outstanding at end of period 74,444 $ 7.46 1.7 $ 967 Exercisable at end of period 74,444 $ 7.46 1.7 $ 967 During the nine months ended September 30, 2021, stock options to purchase a total of 1,454 common shares were canceled, forfeited or expired. Stock options to purchase a total of 14 common shares were canceled, forfeited or expired during the nine months ended September 30, 2020. As of September 30, 2021, 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 1 to 3 years. There were 69,960 shares of restricted stock granted under the Plan during the nine months ended September 30, 2021. There were 19,660 shares of restricted stock granted during the nine months ended September 30, 2020. A summary of changes in the Company’s nonvested restricted stock awards as of September 30, 2021 follows (unaudited): Nonvested Shares Shares Weighted Average Grant-Date Fair Value Nonvested at January 1, 2021 59,802 $ 12.12 Granted 69,960 17.82 Vested ( 11,955 ) 11.39 Forfeited ( 7,912 ) 13.74 Nonvested at September 30, 2021 109,895 $ 15.71 As of September 30, 2021 and 2020, the unrecognized compensation cost related to nonvested restricted stock awards granted under the Plans was $ 1,233 and $ 762 , respectively. There were 7,912 shares of restricted stock forfeited during the nine month period ended September 30, 2021, and 5,234 shares of restricted stock forfeited during the nine months ended September 30, 2020. There were 11,955 shares of restricted stock that vested during the nine months ended September 30, 2021, and 27,697 shares of restricted stock that vested during the nine months ended September 30, 2020.

Regulatory Capital Matters

Regulatory Capital Matters	9 Months Ended
	Sep. 30, 2021
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 CFBank 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. 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 %); 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 %); 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 %); and 4) a minimum Leverage Ratio of 4.0 %. 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 September 30, 2021 and December 31, 2020 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 September 30, 2021 Total Capital to risk weighted assets $ 164,620 14.22 % $ 121,534 10.50 % $ 115,746 10.00 % Tier 1 (Core) Capital to risk weighted assets 150,136 12.97 % 93,384 8.50 % 92,597 8.00 % Common equity tier 1 capital to risk-weighted assets 150,136 12.97 % 81,022 7.00 % 75,235 6.50 % Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 150,136 11.04 % 54,415 4.00 % 68,018 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, 2020 Total Capital to risk weighted assets $ 136,683 14.31 % $ 100,298 10.50 % $ 95,522 10.00 % Tier 1 (Core) Capital to risk weighted assets 124,678 13.05 % 81,194 8.50 % 76,418 8.00 % Common equity tier 1 capital to risk-weighted assets 124,678 13.05 % 66,866 7.00 % 62,089 6.50 % Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 124,678 9.74 % 51,187 4.00 % 63,984 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	9 Months Ended
	Sep. 30, 2021
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 $ 54,480 at September 30, 2021 and $ 46,474 at December 31, 2020. 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 September 30, 2021, CFBank had $ 2,724 in 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 comply 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 September 30, 2021, 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: September 30, 2021 December 31, 2020 (unaudited) Notional amount $ 54,480 $ 46,474 Weighted average pay rate on interest-rate swaps 4.15 % 4.19 % Weighted average receive rate on interest-rate swaps 3.04 % 3.08 % Weighted average maturity (years) 6.7 7.4 Fair value of derivative asset $ 726 $ 1,944 Fair value of yield derivative liability ( 726 ) ( 1,944 ) 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 nine months ended September 30, 2021 or 2020. 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 $ 61,404 and $ 1,048,613 of interest rate lock commitments related to residential mortgage loans at September 30, 2021 and December 31, 2020, respectively. The fair value of these mortgage banking derivatives was $ 519 and $ 18,100 at September 30, 2021 and December 31, 2020, respectively, which is included in other assets at September 30, 2021 and December 31, 2020 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 $ 64,500 and $ 506,750 of TBA mortgage-backed securities at September 30, 2021 and December 31, 2020, respectively. The fair value of these TBA mortgage-backed securities was $ 379 at September 30, 2021 and is included in other assets in the consolidated balance sheet. The fair value of the TBA mortgage-backed securities at December 31, 2020 was ($ 2,690 ) and is included in other liabilities in 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): September 30, 2021 December 31, 2020 (unaudited) Notional Amount Fair Value Notional Amount Fair Value Assets (Liabilities): Interest rate commitments $ 61,404 $ 519 $ 1,048,613 $ 18,100 TBA mortgage-back securities 64,500 379 506,750 ( 2,690 ) As of September 30, 2021, CFBank has minimum collateral posting thresholds with certain of its derivative counterparties and has posted cash collateral of $ 4,847 . The following table represents the notional amount of loans sold during the three and nine months ended September 30, 2021 and 2020 (unaudited): Three Months ended Nine Months ended September 30, September 30, 2021 2020 2021 2020 Notional amount of loans sold $ 498,968 $ 552,122 $ 2,228,104 $ 1,357,314 The following table represents the revenue recognized on mortgage activities for the three and nine months ended September 30, 2021 and 2020 (unaudited): Three Months ended Nine Months ended September 30, September 30, 2021 2020 2021 2020 Gain on loans sold 6,415 19,984 20,621 37,466 Gain (loss) from change in fair value of loans held-for-sale ( 1,916 ) 4,669 ( 7,841 ) 9,124 Gain (loss) from change in fair value of derivatives ( 4,767 ) ( 1,586 ) ( 7,432 ) ( 1,103 ) $ ( 268 ) $ 23,067 $ 5,348 $ 45,487

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2021
Income Taxes [Abstract]
Income Taxes	NOTE 12 – INCOME TAXES At September 30, 2021, the Company had a deferred tax asset recorded in the amount of approximately $ 4,400 . At December 31, 2020, the Company had a deferred tax asset recorded of approximately $ 4,700 . At September 30, 2021 and December 31, 2020, 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 2017. 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 September 30, 2021 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 September 30, 2021, the Company had net operating loss carryforwards of $ 22,416 , which expire at various dates from 2024 to 2032 . 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 2020. 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, dividends on equity securities and other miscellaneous items. The effective tax rate was approximately 19.5 % and 19.0 % for the three and nine months ended September 30, 2021, respectively, and 20.7 % and 20.7 % for the three and nine months ended September 30, 2020, respectively, which management believes were reasonable estimates for the effective tax rates for such periods. 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 nine months ended September 30, 2021 and 2020: For the three months ended September 30, For the nine months ended September 30, 2021 2020 2021 2020 (unaudited) (unaudited) Statutory tax rate 21.0 % 21.0 % 21.0 % 21.0 % Increase (decrease) resulting from: Restricted stock ( 0.1 %) - ( 0.3 %) - Tax exempt earnings on bank owned life insurance ( 0.5 %) ( 0.1 %) ( 0.4 %) ( 0.1 %) Gain on redemption of life insurance policies - - ( 0.4 %) - Dividends on equity securities ( 0.2 %) - ( 0.2 %) - Low income housing credits ( 0.8 %) ( 0.2 %) ( 0.7 %) ( 0.3 %) Other, net 0.1 % - - 0.1 % Effective tax rate 19.5 % 20.7 % 19.0 % 20.7 %

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2021
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 nine months ended September 30, 2021 and 2020 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 Nine months ended September 30, September 30, 2021 2020 2021 2020 (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 $ 50 $ 146 $ 96 $ 28 Other comprehensive income (loss) before reclassifications (2) ( 13 ) ( 24 ) ( 59 ) 94 Net current-period other comprehensive income (loss) ( 13 ) ( 24 ) ( 59 ) 94 Accumulated other comprehensive income, end of period $ 37 $ 122 $ 37 $ 122 (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 nine months ended September 30, 2021 and 2020.

Preferred Stock

Preferred Stock	9 Months Ended
	Sep. 30, 2021
Preferred Stock [Abstract]
Preferred Stock	NOTE 14 - 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 is also 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 filed, 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 Incorporation”), 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.

Branch Sale

Branch Sale	9 Months Ended
	Sep. 30, 2021
Branch Sale [Abstract]
Branch Sale	NOTE 15- BRANCH SALE On December 29, 2020, CFBank entered into a Branch Purchase and Assumption Agreement (the “P&A Agreement”) with Consumers National Bank (“Consumers”) providing for the acquisition by Consumers of two branches of CFBank in Columbiana County, Ohio – CFBank’s drive-up branch location in Wellsville, Ohio and CFBank’s branch location in Calcutta, Ohio (the “Branches”). On July 16, 2021, Consumers completed its purchase of certain assets and assumption of certain liabilities associated with the Branches. Pursuant to the terms of the P&A Agreement, Consumers assumed certain deposit liabilities and acquired certain loans, as well as cash, real property, personal property and other fixed assets associated with the Branches. During the third quarter of 2021, the Company recognized a combined gain on sale of deposits of $ 1.9 million related to the sale of the Branches.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
Subsequent Events	NOTE 16 – SUBSEQUENT EVENTS Dividend Declaration: On October 5, 2021 , the Company’s Board of Directors declared a Cash Dividend of $ 0.04 per share payable to shareholders on November 2, 2021 . Building Purchase: On October 29, 2021, CFBank closed on the purchase of a building which will house a branch and offices in Indianapolis, Indiana. The purchase price was approximately $ 1.8 million.

Summary Of Significant Accoun_2

Summary Of Significant Accounting Policies (Policy)	9 Months Ended
	Sep. 30, 2021
Summary Of Significant Accounting Policies [Abstract]
Basis Of Presentation	Basis of Presentation : The consolidated financial statements include CF Bankshares Inc. (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 nine months ended September 30, 2021 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 2020 Annual Report to Stockholders that was filed as Exhibit 13.1 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 (referred to herein as the “2020 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 status is reversed against interest income in the period in which it is placed on 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, commercial real estate and construction segments 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.
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 Nine months ended September 30, September 30, 2021 2020 2021 2020 (unaudited) (unaudited) Basic Net income $ 4,076 $ 10,186 $ 13,986 $ 22,260 Earnings allocated to participating securities (Series C preferred stock) (1) - - - ( 2,289 ) Net income allocated to common stockholders $ 4,076 $ 10,186 $ 13,986 $ 19,971 Weighted average common shares outstanding including unvested share-based payment awards 6,609,962 6,563,264 6,625,699 5,907,395 Less: Unvested share-based payment awards-2019 Plan ( 99,458 ) ( 47,875 ) ( 97,573 ) ( 42,202 ) Average shares 6,510,504 6,515,389 6,528,126 5,865,193 Basic earnings per common share $ 0.63 $ 1.56 $ 2.14 $ 3.41 Diluted Net earnings allocated to common stockholders $ 4,076 $ 10,186 $ 13,986 $ 19,971 Add back: Preferred Dividends on Series B preferred stock and accretion of discount - - - - Net earnings allocated to common stockholders $ 4,076 $ 10,186 $ 13,986 $ 19,971 Weighted average common shares outstanding for basic earnings per common share 6,510,504 6,515,389 6,528,126 5,865,193 Add: Dilutive effects of assumed exercises of stock options 47,288 33,732 46,615 28,305 Add: Dilutive effects of unvested share-based payment awards-2019 Plan 99,458 47,875 97,573 42,202 Average shares and dilutive potential common shares 6,657,250 6,596,996 6,672,314 5,935,700 Diluted earnings per common share $ 0.61 $ 1.54 $ 2.10 $ 3.36 (1) All 12,607 outstanding shares of Series C preferred stock were converted into a total of 1,260,700 shares of the Company’s Non-Voting Common Stock effective as of the close of business on May 28, 2020. The following securities exercisable for common shares were anti-dilutive and not considered in computing diluted earnings per common share: Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 (unaudited) (unaudited) Stock options - 437 - 442
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 notes, 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 notes.
Future Accounting Matters	Future Accounting Matters: In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (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)	9 Months Ended
	Sep. 30, 2021
Summary Of Significant Accounting Policies [Abstract]
Earnings Per Common Share	Three months ended Nine months ended September 30, September 30, 2021 2020 2021 2020 (unaudited) (unaudited) Basic Net income $ 4,076 $ 10,186 $ 13,986 $ 22,260 Earnings allocated to participating securities (Series C preferred stock) (1) - - - ( 2,289 ) Net income allocated to common stockholders $ 4,076 $ 10,186 $ 13,986 $ 19,971 Weighted average common shares outstanding including unvested share-based payment awards 6,609,962 6,563,264 6,625,699 5,907,395 Less: Unvested share-based payment awards-2019 Plan ( 99,458 ) ( 47,875 ) ( 97,573 ) ( 42,202 ) Average shares 6,510,504 6,515,389 6,528,126 5,865,193 Basic earnings per common share $ 0.63 $ 1.56 $ 2.14 $ 3.41 Diluted Net earnings allocated to common stockholders $ 4,076 $ 10,186 $ 13,986 $ 19,971 Add back: Preferred Dividends on Series B preferred stock and accretion of discount - - - - Net earnings allocated to common stockholders $ 4,076 $ 10,186 $ 13,986 $ 19,971 Weighted average common shares outstanding for basic earnings per common share 6,510,504 6,515,389 6,528,126 5,865,193 Add: Dilutive effects of assumed exercises of stock options 47,288 33,732 46,615 28,305 Add: Dilutive effects of unvested share-based payment awards-2019 Plan 99,458 47,875 97,573 42,202 Average shares and dilutive potential common shares 6,657,250 6,596,996 6,672,314 5,935,700 Diluted earnings per common share $ 0.61 $ 1.54 $ 2.10 $ 3.36 (1) All 12,607 outstanding shares of Series C preferred stock were converted into a total of 1,260,700 shares of the Company’s Non-Voting Common Stock effective as of the close of business on May 28, 2020.
Anti-Dilutive Common Shares	Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 (unaudited) (unaudited) Stock options - 437 - 442

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2021
Securities [Abstract]
Amortized Cost And Fair Value Of Available-For-Sale Securities Portfolio	Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value September 30, 2021 (unaudited) Corporate debt $ 9,976 $ - $ - $ 9,976 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 7,065 54 9 7,110 Mortgage-backed securities - residential 40 2 - 42 Total $ 17,081 $ 56 $ 9 $ 17,128 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2020 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury $ 8,517 $ 119 $ - $ 8,636 Mortgage-backed securities - residential 62 3 - 65 Total $ 8,579 $ 122 $ - $ 8,701
Securities Classified By Maturity Date	September 30, 2021 December 31, 2020 (unaudited) Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 3,511 $ 3,530 $ 5,011 $ 5,033 Due from one to five years 3,554 3,580 3,506 3,603 Due from five to ten years 9,976 9,976 - - Mortgage-backed securities - residential 40 42 62 65 Total $ 17,081 $ 17,128 $ 8,579 $ 8,701
Fair Value Of Securities Pledged	September 30, 2021 December 31, 2020 (unaudited) Pledged as collateral for: FHLB advances $ 1,526 $ 1,017 Public deposits 504 3,060 Mortgage banking derivatives 1,514 3,016 Total $ 3,544 $ 7,093
Securities With Unrealized Losses	September 30, 2021 (unaudited) 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 $ 3,050 9 $ - $ - $ 3,050 $ 9 Total temporarily impaired $ 3,050 $ 9 $ - $ - $ 3,050 $ 9

Loans And Leases (Tables)

Loans And Leases (Tables)	9 Months Ended
	Sep. 30, 2021
Loans And Leases [Abstract]
Recorded Investment In Loans By Portfolio Segment	September 30, 2021 December 31, 2020 (unaudited) Commercial (1) $ 293,542 $ 338,286 Real estate: Single-family residential 288,976 147,860 Multi-family residential 88,745 45,375 Commercial 359,995 277,028 Construction 82,488 80,426 Consumer: Home equity lines of credit 23,050 20,962 Other 2,403 2,429 Subtotal 1,139,199 912,366 Less: ALLL ( 15,487 ) ( 17,022 ) Loans and leases, net $ 1,123,712 $ 895,344 (1) Includes $ 21,620 and $ 4,133 of commercial leases at September 30, 2021 and December 31, 2020, respectively.
Activity In ALLL By Portfolio Segment	The following tables present the activity in the ALLL by portfolio segment for the three and nine months ended September 30, 2021: Three months ended September 30, 2021 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total Beginning balance $ 3,377 $ 2,431 $ 777 $ 6,834 $ 1,679 $ 236 $ 161 $ 15,495 Addition to (reduction in) provision for loan losses 200 365 150 ( 550 ) ( 200 ) 25 10 - Charge-offs - ( 17 ) - - - - - ( 17 ) Recoveries - 4 - - - 5 - 9 Ending balance $ 3,577 $ 2,783 $ 927 $ 6,284 $ 1,479 $ 266 $ 171 $ 15,487 Nine months ended September 30, 2021 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total Beginning balance $ 3,426 $ 1,299 $ 467 $ 9,184 $ 2,254 $ 276 $ 116 $ 17,022 Addition to (reduction in) provision for loan losses 95 1,490 460 ( 2,900 ) ( 775 ) ( 25 ) 55 ( 1,600 ) Charge-offs - ( 17 ) - - - - - ( 17 ) Recoveries 56 11 - - - 15 - 82 Ending balance $ 3,577 $ 2,783 $ 927 $ 6,284 $ 1,479 $ 266 $ 171 $ 15,487 The following table presents the activity in the ALLL by portfolio segment for the three and nine months ended September 30, 2020: Three months ended September 30, 2020 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home Equity lines of credit Other Total Beginning balance $ 2,664 $ 999 $ 567 $ 4,534 $ 1,024 $ 263 $ 56 $ 10,107 Addition to (reduction in) provision for loan losses 610 500 - 4,400 250 - ( 10 ) 5,750 Charge-offs - ( 350 ) - - - ( 21 ) - ( 371 ) Recoveries - 1 - - - 5 - 6 Ending balance $ 3,274 $ 1,150 $ 567 $ 8,934 $ 1,274 $ 247 $ 46 $ 15,492 Nine months ended September 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 1,330 605 120 6,330 515 ( 10 ) ( 15 ) 8,875 Charge-offs ( 110 ) ( 408 ) - - - ( 21 ) - ( 539 ) Recoveries - 5 - - - 13 - 18 Ending balance $ 3,274 $ 1,150 $ 567 $ 8,934 $ 1,274 $ 247 $ 46 $ 15,492
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 September 30, 2021 (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 $ - $ - $ - $ 23 $ - $ - $ - $ 23 Collectively evaluated for impairment 3,577 2,783 927 6,261 1,479 266 171 15,464 Total ending allowance balance $ 3,577 $ 2,783 $ 927 $ 6,284 $ 1,479 $ 266 $ 171 $ 15,487 Loans: Individually evaluated for impairment $ 230 $ 100 $ - $ 2,680 $ - $ - $ - $ 3,010 Collectively evaluated for impairment 293,312 288,876 88,745 357,315 82,488 23,050 2,403 1,136,189 Total ending loan balance $ 293,542 $ 288,976 $ 88,745 $ 359,995 $ 82,488 $ 23,050 $ 2,403 $ 1,139,199 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, 2020: 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 $ - $ - $ - $ 23 $ - $ - $ - $ 23 Collectively evaluated for impairment 3,426 1,299 467 9,161 2,254 276 116 16,999 Total ending allowance balance $ 3,426 $ 1,299 $ 467 $ 9,184 $ 2,254 $ 276 $ 116 $ 17,022 Loans: Individually evaluated for impairment $ 268 $ 104 $ - $ 2,718 $ - $ - $ - $ 3,090 Collectively evaluated for impairment 338,018 147,756 45,375 274,310 80,426 20,962 2,429 909,276 Total ending loan balance $ 338,286 $ 147,860 $ 45,375 $ 277,028 $ 80,426 $ 20,962 $ 2,429 $ 912,366
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 September 30, 2021. 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 nine months ended September 30, 2021. Cash payments of interest on these loans during the three and nine months ended September 30, 2021 totaled $ 38 and $ 127 , respectively. Three months ended Nine months ended As of September 30, 2021 September 30, 2021 September 30, 2021 (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) 494 230 - 235 2 247 7 Real estate: Single-family residential (1) 100 100 - 101 2 102 4 Commercial: Non-owner occupied 2,680 2,680 23 2,682 37 2,695 112 Total with an allowance recorded 3,274 3,010 23 3,018 41 3,044 123 Total $ 3,274 $ 3,010 $ 23 $ 3,018 $ 41 $ 3,044 $ 123 (1) Allowance recorded in an amount less than $1 has been rounded down to zero. The following table presents loans individually evaluated for impairment by class of loans as of December 31, 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 nine months ended September 30, 2020. Cash payments of interest during the three and nine months ended September 30, 2020 totaled $ 51 and $ 105 , respectively. Three months ended Nine months ended As of December 31, 2020 September 30, 2020 September 30, 2020 (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: Owner occupied $ - $ - $ - $ - $ - $ - $ - Total with no allowance recorded - - - - - - - With an allowance recorded: Commercial (1) 533 268 - 80 2 111 8 Real estate: Single-family residential (1) 104 104 - 105 1 106 3 Commercial: Non-owner occupied 2,718 2,718 23 2,728 38 2,730 113 Total with an allowance recorded 3,355 3,090 23 2,913 41 2,947 124 Total $ 3,355 $ 3,090 $ 23 $ 2,913 $ 41 $ 2,947 $ 124
Recorded Investment In Nonaccrual Loans By Class Of Loans	September 30, 2021 December 31, 2020 (unaudited) Loans past due over 90 days still on accrual $ - $ - Nonaccrual loans: Commercial 155 190 Real estate: Single-family residential 659 421 Consumer: Home equity lines of credit: Originated for portfolio 153 12 Purchased for portfolio 44 72 Total nonaccrual 1,011 695 Total nonaccrual and nonperforming loans $ 1,011 $ 695
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 September 30, 2021 (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 $ 276 $ - $ - $ 276 $ 293,266 $ 155 Real estate: Single-family residential - 1,039 563 1,602 287,374 96 Multi-family residential - - - - 88,745 - Commercial: Non-owner occupied - - - - 196,592 - Owner occupied - - - - 123,160 - Land - - - - 40,243 - Construction - - - - 82,488 - Consumer: Home equity lines of credit: Originated for portfolio - - 153 153 22,724 - Purchased for portfolio - - 44 44 129 - Other - - - - 2,403 - Total $ 276 $ 1,039 $ 760 $ 2,075 $ 1,137,124 $ 251 The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2020: 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 $ - $ - $ - $ - $ 338,286 $ 190 Real estate: Single-family residential 1,747 - 315 2,062 145,798 106 Multi-family residential - - - - 45,375 - Commercial: Non-owner occupied - 78 - 78 159,835 - Owner occupied - - - - 90,049 - Land - - - - 27,066 - Construction - - - - 80,426 - Consumer: Home equity lines of credit: Originated for portfolio - - - - 20,773 12 Purchased for portfolio - - 46 46 143 26 Other - - - - 2,429 - Total $ 1,747 $ 78 $ 361 $ 2,186 $ 910,180 $ 334
Nonaccrual Loans As Troubled Debt Restructuring	September 30, 2021 December 31, 2020 (unaudited) Commercial $ 155 $ 190 Total $ 155 $ 190
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 September 30, 2021 and based on the most recent analysis performed follows. (unaudited) Not Rated Pass Special Mention Substandard Doubtful Total Commercial $ - $ 293,298 $ - $ 89 $ 155 $ 293,542 Real estate: Single-family residential 288,317 - - 659 - 288,976 Multi-family residential - 88,745 - - - 88,745 Commercial: Non-owner occupied - 187,454 6,458 2,680 - 196,592 Owner occupied - 120,434 1,939 787 - 123,160 Land - 40,243 - - - 40,243 Construction - 81,949 539 - - 82,488 Consumer: Home equity lines of credit: Originated for portfolio 22,724 - - 153 - 22,877 Purchased for portfolio 129 - - 44 - 173 Other 2,403 - - - - 2,403 $ 313,573 $ 812,123 $ 8,936 $ 4,412 $ 155 $ 1,139,199 The recorded investment in loans and leases by risk category and by class of loans and leases as of December 31, 2020 follows. Not Rated Pass Special Mention Substandard Doubtful Total Commercial $ 1 $ 337,110 $ 664 $ 321 $ 190 $ 338,286 Real estate: Single-family residential 147,439 - - 421 - 147,860 Multi-family residential - 45,249 - 126 - 45,375 Commercial: Non-owner occupied 57 150,084 7,054 2,718 - 159,913 Owner occupied - 87,636 1,537 876 - 90,049 Land - 27,066 - - - 27,066 Construction - 80,247 179 - - 80,426 Consumer: Home equity lines of credit: Originated for portfolio 20,746 - - 27 - 20,773 Purchased for portfolio 118 - - 71 - 189 Other 2,429 - - - - 2,429 $ 170,790 $ 727,392 $ 9,434 $ 4,560 $ 190 $ 912,366
Components Of Net Investment In Direct Financing Leases	September 30, 2021 December 31, 2020 (unaudited) Total minimum lease payments to be received $ 23,884 $ 4,459 Less: unearned income ( 2,324 ) ( 326 ) Plus: Indirect initial costs 60 - Net investment in direct financing leases $ 21,620 $ 4,133
Summary Of Future Minimum Lease Payments Receivable	2021, excluding the nine months ended September 30, 2021 $ 1,537 2022 5,514 2023 5,456 2024 5,089 2025 4,342 Thereafter 1,946 $ 23,884

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Future Minimum Operating Lease Payments	2021, excluding the nine months ended September 30, 2021 $ 156 2022 609 2023 460 2024 364 2025 114 Thereafter 28 Total future minimum rental commitments 1,731 Less - amounts representing interest ( 153 ) Total operating lease liabilities $ 1,578

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value [Abstract]
Assets And Liabilities Measured At Fair Value On A Recurring Basis, Including Financial Assets And Liabilities	Fair Value Measurements at September 30, 2021 using Significant Other Observable Inputs (Level 2) (unaudited) Financial Assets: Securities available for sale: Corporate debt $ 9,976 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 7,110 Mortgage-backed securities - residential 42 Total securities available for sale $ 17,128 Loans held for sale $ 77,946 Derivative assets $ 726 Interest rate lock commitments $ 519 TBA Mortgage-back securities $ 379 Financial Liabilities: Derivative liabilities $ 726 Fair Value Measurements at December 31, 2020 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 $ 8,636 Mortgage-backed securities - residential 65 Total securities available for sale $ 8,701 Loans held for sale $ 283,165 Derivative assets $ 1,944 Interest rate lock commitments $ 18,101 Financial Liabilities: Derivative liabilities $ 1,944 TBA Mortgage-backed securities $ 2,690
Assets Measured At Fair Value On A Non-Recurring Basis	Fair Value Measurements at December 31, 2020 Using Significant Unobservable Inputs (Level 3) Impaired loans: Commercial $ 190 Total impaired loans $ 190
Financial Instruments Measured At Fair Value On A Non-Recurring Basis	Fair Value Valuation Technique(s) Unobservable Inputs (Range) Weighted Average Impaired loans: Commercial $ 190 Comparable sales approach Adjustment for differences between the comparable market transactions 65.00 %
Aggregate Fair Value, Contractual Balance And Gain Or Loss	September 30, 2021 December 31, 2020 (unaudited) Aggregate fair value $ 77,946 $ 283,165 Contractual balance 77,023 274,401 Gain $ 923 $ 8,764
Total Amount Of Gains And Losses From Changes In Fair Value Included In Earnings	Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 (unaudited) (unaudited) Interest income $ 1,008 $ 1,467 $ 5,347 $ 3,920 Interest expense - - - - Change in fair value ( 1,916 ) 4,669 ( 7,841 ) 9,124 Total change in fair value $ ( 908 ) $ 6,136 $ ( 2,494 ) $ 13,044
Carrying Amounts And Estimated Fair Values Of Financial Instruments	The carrying amounts and estimated fair values of financial instruments at September 30, 2021 were as follows: Fair Value Measurements at September 30, 2021 Using: Carrying (unaudited) Value Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 68,161 $ 68,161 $ - $ - $ 68,161 Interest-bearing deposits in other financial institutions 100 100 - - 100 Securities available for sale 17,128 - 17,128 - 17,128 Equity Securities 5,000 - 5,000 - 5,000 Loans held for sale 77,946 - 77,946 - 77,946 Loans and leases, net 1,123,712 - - 1,133,907 1,133,907 FHLB and FRB stock 6,475 n/a n/a n/a n/a Accrued interest receivable 4,531 1 207 4,322 4,530 Derivative assets 726 - 726 - 726 Interest rate lock commitments 519 - 519 - 519 TBA mortgage-back securities 379 - 379 - 379 Financial liabilities Deposits $ ( 1,156,790 ) $ ( 600,725 ) $ ( 559,307 ) $ - $ ( 1,160,032 ) FHLB advances and other borrowings ( 41,218 ) - ( 41,965 ) - ( 41,965 ) Advances by borrowers for taxes and insurance ( 1,756 ) - - ( 1,756 ) ( 1,756 ) Subordinated debentures ( 14,874 ) - ( 16,171 ) - ( 16,171 ) Accrued interest payable ( 539 ) - ( 539 ) - ( 539 ) Derivative liabilities ( 726 ) - ( 726 ) - ( 726 ) The carrying amounts and estimated fair values of financial instruments at December 31, 2020 were as follows: Fair Value Measurements at December 31, 2020 Using: Carrying Value Level 1 Level 2 Level 3 Total Financial assets Cash and cash equivalents $ 221,594 $ 221,594 $ - $ - $ 221,594 Interest-bearing deposits in other financial institutions 100 100 - - 100 Securities available for sale 8,701 - 8,701 - 8,701 Equity Securities 5,000 - - 5,000 5,000 Loans held for sale 283,165 - 283,165 - 283,165 Loans and leases, net 895,344 - - 905,030 905,030 FHLB and FRB stock 5,847 n/a n/a n/a n/a Accrued interest receivable 4,584 1 36 4,547 4,584 Derivative assets 1,944 - 1,944 - 1,944 Interest rate lock commitments 18,101 - 18,101 - 18,101 Financial liabilities Deposits $ ( 1,113,070 ) $ ( 554,650 ) $ ( 565,089 ) $ - $ ( 1,119,739 ) FHLB advances and other borrowings ( 214,426 ) - ( 215,531 ) - ( 215,531 ) Advances by borrowers for taxes and insurance ( 1,029 ) - - ( 1,029 ) ( 1,029 ) Subordinated debentures ( 14,844 ) - ( 16,325 ) - ( 16,325 ) Accrued interest payable ( 498 ) - ( 498 ) - ( 498 ) Derivative liabilities ( 1,944 ) - ( 1,944 ) - ( 1,944 ) TBA mortgage-backed securities ( 2,690 ) - ( 2,690 ) - ( 2,690 )

FHLB Advances And Other Debt (T

FHLB Advances And Other Debt (Tables)	9 Months Ended
	Sep. 30, 2021
FHLB Advances And Other Debt [Abstract]
Schedule Of FHLB Advances And Other Debt	Weighted Average Rate September 30, 2021 December 31, 2020 FHLB fixed rate advances: Maturities: 2021 0.00 % $ - $ 7,500 2022 1.16 % 10,000 10,000 2023 0.92 % 3,500 3,500 2024 1.90 % 6,500 6,500 Total FHLB fixed rate advances 20,000 27,500 Fixed rate other debt: FRB PPPLF advances 0.35 % 449 107,413 Variable rate other debt: Holding Company credit facility 3.85 % 20,769 9,500 Warehouse facility - - 70,013 Total variable rate other debt 20,769 79,513 Total $ 41,218 $ 214,426

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2021
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 90,442 $ 7.57 Exercised ( 14,544 ) 7.27 Expired - - Cancelled or forfeited ( 1,454 ) 7.87 Outstanding at end of period 74,444 $ 7.46 1.7 $ 967 Exercisable at end of period 74,444 $ 7.46 1.7 $ 967
Summary Of Changes In Company's Nonvested Restricted Shares	Nonvested Shares Shares Weighted Average Grant-Date Fair Value Nonvested at January 1, 2021 59,802 $ 12.12 Granted 69,960 17.82 Vested ( 11,955 ) 11.39 Forfeited ( 7,912 ) 13.74 Nonvested at September 30, 2021 109,895 $ 15.71

Regulatory Capital Matters (Tab

Regulatory Capital Matters (Tables)	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 Total Capital to risk weighted assets $ 164,620 14.22 % $ 121,534 10.50 % $ 115,746 10.00 % Tier 1 (Core) Capital to risk weighted assets 150,136 12.97 % 93,384 8.50 % 92,597 8.00 % Common equity tier 1 capital to risk-weighted assets 150,136 12.97 % 81,022 7.00 % 75,235 6.50 % Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 150,136 11.04 % 54,415 4.00 % 68,018 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, 2020 Total Capital to risk weighted assets $ 136,683 14.31 % $ 100,298 10.50 % $ 95,522 10.00 % Tier 1 (Core) Capital to risk weighted assets 124,678 13.05 % 81,194 8.50 % 76,418 8.00 % Common equity tier 1 capital to risk-weighted assets 124,678 13.05 % 66,866 7.00 % 62,089 6.50 % Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 124,678 9.74 % 51,187 4.00 % 63,984 5.00 %

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2021
Derivative Instruments [Abstract]
Summary Of Derivative Instruments	September 30, 2021 December 31, 2020 (unaudited) Notional amount $ 54,480 $ 46,474 Weighted average pay rate on interest-rate swaps 4.15 % 4.19 % Weighted average receive rate on interest-rate swaps 3.04 % 3.08 % Weighted average maturity (years) 6.7 7.4 Fair value of derivative asset $ 726 $ 1,944 Fair value of yield derivative liability ( 726 ) ( 1,944 )
Schedule Of Mortgage Banking Derivatives	September 30, 2021 December 31, 2020 (unaudited) Notional Amount Fair Value Notional Amount Fair Value Assets (Liabilities): Interest rate commitments $ 61,404 $ 519 $ 1,048,613 $ 18,100 TBA mortgage-back securities 64,500 379 506,750 ( 2,690 )
Schedule Of Notional Amount Of Loans Sold	Three Months ended Nine Months ended September 30, September 30, 2021 2020 2021 2020 Notional amount of loans sold $ 498,968 $ 552,122 $ 2,228,104 $ 1,357,314
Schedule Of Revenue Recognized On Mortgage Activities	Three Months ended Nine Months ended September 30, September 30, 2021 2020 2021 2020 Gain on loans sold 6,415 19,984 20,621 37,466 Gain (loss) from change in fair value of loans held-for-sale ( 1,916 ) 4,669 ( 7,841 ) 9,124 Gain (loss) from change in fair value of derivatives ( 4,767 ) ( 1,586 ) ( 7,432 ) ( 1,103 ) $ ( 268 ) $ 23,067 $ 5,348 $ 45,487

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2021
Income Taxes [Abstract]
Effective Tax Rates Differ From Federal Statutory Rate	For the three months ended September 30, For the nine months ended September 30, 2021 2020 2021 2020 (unaudited) (unaudited) Statutory tax rate 21.0 % 21.0 % 21.0 % 21.0 % Increase (decrease) resulting from: Restricted stock ( 0.1 %) - ( 0.3 %) - Tax exempt earnings on bank owned life insurance ( 0.5 %) ( 0.1 %) ( 0.4 %) ( 0.1 %) Gain on redemption of life insurance policies - - ( 0.4 %) - Dividends on equity securities ( 0.2 %) - ( 0.2 %) - Low income housing credits ( 0.8 %) ( 0.2 %) ( 0.7 %) ( 0.3 %) Other, net 0.1 % - - 0.1 % Effective tax rate 19.5 % 20.7 % 19.0 % 20.7 %

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2021
Accumulated Other Comprehensive Income [Abstract]
Schedule Of Accumulated Other Comprehensive Income	Changes in Accumulated Other Comprehensive Income by Component (1) Three months ended Nine months ended September 30, September 30, 2021 2020 2021 2020 (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 $ 50 $ 146 $ 96 $ 28 Other comprehensive income (loss) before reclassifications (2) ( 13 ) ( 24 ) ( 59 ) 94 Net current-period other comprehensive income (loss) ( 13 ) ( 24 ) ( 59 ) 94 Accumulated other comprehensive income, end of period $ 37 $ 122 $ 37 $ 122 (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 nine months ended September 30, 2021 and 2020.

Summary Of Significant Accoun_4

Summary Of Significant Accounting Policies (Earnings Per Common Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	May 28, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Basic
Net income		$ 4,076	$ 10,186	$ 13,986	$ 22,260
Earnings allocated to participating securities (Series C preferred stock)					(2,289)
Net income attributable to common stockholders		$ 4,076	$ 10,186	$ 13,986	$ 19,971
Weighted average common shares outstanding including unvested share-based payment awards		6,609,962	6,563,264	6,625,699	5,907,395
Less: Unvested share-based payment awards-2019 Plan		(99,458)	(47,875)	(97,573)	(42,202)
Average shares		6,510,504	6,515,389	6,528,126	5,865,193
Basic earnings per common share		$ 0.63	$ 1.56	$ 2.14	$ 3.41
Diluted
Net earnings allocated to common stockholders		$ 4,076	$ 10,186	$ 13,986	$ 19,971
Weighted average common shares outstanding for basic earnings per common share		6,510,504	6,515,389	6,528,126	5,865,193
Add: Dilutive effects of assumed exercises of stock options		47,288	33,732	46,615	28,305
Add: Dilutive effects of unvested share-based payment awards-2019 Plan		99,458	47,875	97,573	42,202
Average shares and dilutive potential common shares		6,657,250	6,596,996	6,672,314	5,935,700
Diluted earnings per common share		$ 0.61	$ 1.54	$ 2.10	$ 3.36
Series C Preferred Stock [Member]
Diluted
Shares issued upon conversion	12,607
Non-Voting Common Stock [Member]
Diluted
Shares issued upon conversion	1,260,700

Summary Of Significant Accoun_5

Summary Of Significant Accounting Policies (Anti-Dilutive Common Shares) (Details) - shares	3 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020
Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	437	442

Securities (Narrative) (Details

Securities (Narrative) (Details)	9 Months Ended
	Sep. 30, 2021USD ($)security	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)security
Securities [Abstract]
Other-than-temporary impairment	$ 0	$ 0
Sales of securities	$ 0	$ 0
Holdings of securities greater than 10% of stockholders' equity | security	0		0
Minimum percentage of securities held	10.00%		10.00%
Unrealized loss	$ 9,000		$ 0

Securities (Amortized Cost And

Securities (Amortized Cost And Fair Value Of Available-For-Sale Securities Portfolio) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 17,081	$ 8,579
Gross Unrealized Gains	56	122
Gross Unrealized Losses	9
Fair Value	17,128	8,701
Corporate Debt [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	9,976
Gross Unrealized Gains
Gross Unrealized Losses
Fair Value	9,976
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	7,065	8,517
Gross Unrealized Gains	54	119
Gross Unrealized Losses	9
Fair Value	7,110	8,636
Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	40	62
Gross Unrealized Gains	2	3
Gross Unrealized Losses
Fair Value	$ 42	$ 65

Securities (Securities Classifi

Securities (Securities Classified By Maturity Date) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Schedule Of Available For Sale Securities [Line Items]
Due in one year or less, Amortized Cost	$ 3,511	$ 5,011
Due from one to five years, Amortized Cost	3,554	3,506
Due from five to ten years, Amortized Cost	9,976
Amortized Cost	17,081	8,579
Due in one year or less, Fair Value	3,530	5,033
Due from one to five years, Fair Value	3,580	3,603
Due from five to ten years, Fair Value	9,976
Fair Value	17,128	8,701
Mortgage-Backed Securities - Residential [Member]
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	40	62
Fair Value	$ 42	$ 65

Securities (Fair Value Of Secur

Securities (Fair Value Of Securities Pledged) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Pledged as collateral for:
FHLB advances	$ 1,526	$ 1,017
Public deposits	504	3,060
Mortgage banking derivatives	1,514	3,016
Total	$ 3,544	$ 7,093

Securities (Securities With Unr

Securities (Securities With Unrealized Losses) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	$ 3,050
Less than 12 Months, Unrealized Loss	9
12 Months or More, Fair Value
12 Months or More, Unrealized Loss
Total, Fair Value	3,050
Total, Unrealized Loss	9	$ 0
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value	3,050
Less than 12 Months, Unrealized Loss	9
12 Months or More, Fair Value
12 Months or More, Unrealized Loss
Total, Fair Value	3,050
Total, Unrealized Loss	$ 9

Loans And Leases (Narrative) (D

Loans And Leases (Narrative) (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan	Dec. 31, 2020USD ($)
Accounts Notes And Loans Receivable [Line Items]
Loans	$ 1,123,712,000		$ 1,123,712,000		$ 895,344,000
Loans 90 days or more past due and still accruing interest
Total TDR's	3,010,000		3,010,000		3,090,000
Allocated specific reserves to modified TDRs	$ 23,000		$ 23,000		23,000
Number of loans modified as a TDR | loan	0	0	0	0
Number of TDRs in payment default | loan	0	0
Cash payments of interest	$ 38,000	$ 51,000	$ 127,000	$ 105,000
Loans	1,139,199,000		1,139,199,000		912,366,000
Deferral loans outstanding balance	$ 0		$ 0
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	288,976,000		288,976,000		147,860,000
Single-Family Residential [Member] | Northpointe [Member] | Mortgage Purchase Program [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans	0		0		15,713,000
Commercial [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans	293,542,000		293,542,000		338,286,000
Accruing [Member]
Accounts Notes And Loans Receivable [Line Items]
Total TDR's	2,855,000		2,855,000		2,900,000
Commercial Loans - Paycheck Protection Program [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans	$ 442,000		$ 442,000		$ 105,269,000
Maturity term			2 years
Stated interest rate	1.00%		1.00%

Loans And Leases (Recorded Inve

Loans And Leases (Recorded Investment In Loans By Portfolio Segment) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Accounts Notes And Loans Receivable [Line Items]
Subtotal	$ 1,139,199		$ 912,366
Less: ALLL	(15,487)	$ (15,495)	(17,022)	$ (15,492)	$ (10,107)	$ (7,138)
Loans and leases, net	1,123,712		895,344
Commercial [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal	293,542		338,286
Less: ALLL	(3,577)	(3,377)	(3,426)	(3,274)	(2,664)	(2,054)
Single-Family Residential [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal	288,976		147,860
Less: ALLL	(2,783)	(2,431)	(1,299)	(1,150)	(999)	(948)
Multi-Family Residential [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal	88,745		45,375
Less: ALLL	(927)	(777)	(467)	(567)	(567)	(447)
Commercial Real Estate [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal	359,995		277,028
Less: ALLL	(6,284)	(6,834)	(9,184)	(8,934)	(4,534)	(2,604)
Construction [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal	82,488		80,426
Less: ALLL	(1,479)	(1,679)	(2,254)	(1,274)	(1,024)	(759)
Home Equity Lines Of Credit [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal	23,050		20,962
Less: ALLL	(266)	(236)	(276)	(247)	(263)	(265)
Other [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal	2,403		2,429
Less: ALLL	(171)	$ (161)	(116)	$ (46)	$ (56)	$ (61)
Commercial Leases [Member]
Accounts Notes And Loans Receivable [Line Items]
Subtotal	$ 21,620		$ 4,133

Loans And Leases (Activity In A

Loans And Leases (Activity In ALLL By Portfolio Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 15,495	$ 10,107	$ 17,022	$ 7,138
Addition to (reduction in) provision for loan losses		5,750	(1,600)	8,875
Charge-offs	(17)	(371)	(17)	(539)
Recoveries	9	6	82	18
Ending balance	15,487	15,492	15,487	15,492
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	3,377	2,664	3,426	2,054
Addition to (reduction in) provision for loan losses	200	610	95	1,330
Charge-offs				(110)
Recoveries			56
Ending balance	3,577	3,274	3,577	3,274
Single-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	2,431	999	1,299	948
Addition to (reduction in) provision for loan losses	365	500	1,490	605
Charge-offs	(17)	(350)	(17)	(408)
Recoveries	4	1	11	5
Ending balance	2,783	1,150	2,783	1,150
Multi-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	777	567	467	447
Addition to (reduction in) provision for loan losses	150		460	120
Charge-offs
Recoveries
Ending balance	927	567	927	567
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	6,834	4,534	9,184	2,604
Addition to (reduction in) provision for loan losses	(550)	4,400	(2,900)	6,330
Charge-offs
Recoveries
Ending balance	6,284	8,934	6,284	8,934
Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	1,679	1,024	2,254	759
Addition to (reduction in) provision for loan losses	(200)	250	(775)	515
Charge-offs
Recoveries
Ending balance	1,479	1,274	1,479	1,274
Home Equity Lines Of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	236	263	276	265
Addition to (reduction in) provision for loan losses	25		(25)	(10)
Charge-offs		(21)		(21)
Recoveries	5	5	15	13
Ending balance	266	247	266	247
Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	161	56	116	61
Addition to (reduction in) provision for loan losses	10	(10)	55	(15)
Charge-offs
Recoveries
Ending balance	$ 171	$ 46	$ 171	$ 46

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	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	$ 23		$ 23
Collectively evaluated for impairment	15,464		16,999
Total ending allowance balance	15,487	$ 15,495	17,022	$ 15,492	$ 10,107	$ 7,138
Individually evaluated for impairment	3,010		3,090
Collectively evaluated for impairment	1,136,189		909,276
Total ending loan balance	1,139,199		912,366
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment	3,577		3,426
Total ending allowance balance	3,577	3,377	3,426	3,274	2,664	2,054
Individually evaluated for impairment	230		268
Collectively evaluated for impairment	293,312		338,018
Total ending loan balance	293,542		338,286
Single-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment	2,783		1,299
Total ending allowance balance	2,783	2,431	1,299	1,150	999	948
Individually evaluated for impairment	100		104
Collectively evaluated for impairment	288,876		147,756
Total ending loan balance	288,976		147,860
Multi-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment	927		467
Total ending allowance balance	927	777	467	567	567	447
Collectively evaluated for impairment	88,745		45,375
Total ending loan balance	88,745		45,375
Commercial Real Estate [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	23		23
Collectively evaluated for impairment	6,261		9,161
Total ending allowance balance	6,284	6,834	9,184	8,934	4,534	2,604
Individually evaluated for impairment	2,680		2,718
Collectively evaluated for impairment	357,315		274,310
Total ending loan balance	359,995		277,028
Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment	1,479		2,254
Total ending allowance balance	1,479	1,679	2,254	1,274	1,024	759
Collectively evaluated for impairment	82,488		80,426
Total ending loan balance	82,488		80,426
Home Equity Lines Of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment	266		276
Total ending allowance balance	266	236	276	247	263	265
Collectively evaluated for impairment	23,050		20,962
Total ending loan balance	23,050		20,962
Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment	171		116
Total ending allowance balance	171	$ 161	116	$ 46	$ 56	$ 61
Collectively evaluated for impairment	2,403		2,429
Total ending loan balance	$ 2,403		$ 2,429

Loans And Leases (Individually

Loans And Leases (Individually Evaluated For Impairment By Class Of Loans) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	$ 3,274		$ 3,274		$ 3,355
Impaired Financing Receivable, Unpaid Principal Balance, Total	3,274		3,274		3,355
Impaired Financing Receivable, with Related Allowance, Recorded Investment	3,010		3,010		3,090
Impaired Financing Receivable, Recorded Investment, Total	3,010		3,010		3,090
Impaired Financing Receivable, ALLL Allocated	23		23		23
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	3,018	$ 2,913	3,044	$ 2,947
Impaired Financing Receivable, Average Recorded Investment, Total	3,018	2,913	3,044	2,947
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	41	41	123	124
Impaired Financing Receivable, Interest Income Recognized, Total	41	41	123	124
Allowance recorded	23		23		23
Commercial [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	494		494		533
Impaired Financing Receivable, with Related Allowance, Recorded Investment	230		230		268
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	235	80	247	111
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	2	2	7	8
Single-Family Residential [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	100		100		104
Impaired Financing Receivable, with Related Allowance, Recorded Investment	100		100		104
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	101	105	102	106
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	2	1	4	3
Non-Owner Occupied [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	2,680		2,680		2,718
Impaired Financing Receivable, with Related Allowance, Recorded Investment	2,680		2,680		2,718
Impaired Financing Receivable, ALLL Allocated	23		23		$ 23
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	2,682	2,728	2,695	2,730
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	$ 37	$ 38	$ 112	$ 113

Loans And Leases (Recorded In_2

Loans And Leases (Recorded Investment In Nonaccrual Loans By Class Of Loans) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans past due over 90 days still on accrual
Total nonaccrual and nonperforming loans	155	190
Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans	155	190
Single-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans	659	421
Originated For Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans	153	12
Purchased For Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans	44	72
Nonaccrual [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans	1,011	695
Nonaccrual And Nonperforming [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccrual and nonperforming loans	$ 1,011	$ 695

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	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 2,075	$ 2,186
Loans Not Past Due	1,137,124	910,180
Nonaccrual Loans Not > 90 Days Past Due	251	334
30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	276	1,747
60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,039	78
Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	760	361
Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	276
Loans Not Past Due	293,266	338,286
Nonaccrual Loans Not > 90 Days Past Due	155	190
Commercial [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	276
Single-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,602	2,062
Loans Not Past Due	287,374	145,798
Nonaccrual Loans Not > 90 Days Past Due	96	106
Single-Family Residential [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		1,747
Single-Family Residential [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,039
Single-Family Residential [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	563	315
Multi-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	88,745	45,375
Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		78
Loans Not Past Due	196,592	159,835
Non-Owner Occupied [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		78
Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	123,160	90,049
Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	40,243	27,066
Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	82,488	80,426
Originated For Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	153
Loans Not Past Due	22,724	20,773
Nonaccrual Loans Not > 90 Days Past Due		12
Originated For Portfolio [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	153
Purchased For Portfolio [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	44	46
Loans Not Past Due	129	143
Nonaccrual Loans Not > 90 Days Past Due		26
Purchased For Portfolio [Member] | Greater Than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	44	46
Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans Not Past Due	$ 2,403	$ 2,429

Loans And Leases (Nonaccrual Lo

Loans And Leases (Nonaccrual Loans As Troubled Debt Restructuring) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable, Modifications [Line Items]
Total nonaccrual and nonperforming loans	$ 155	$ 190
Commercial [Member]
Financing Receivable, Modifications [Line Items]
Total nonaccrual and nonperforming loans	$ 155	$ 190

Loans And Leases (Recorded In_3

Loans And Leases (Recorded Investment In Loans By Risk Category And Class Of Loans) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 1,139,199	$ 912,366
Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	313,573	170,790
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	812,123	727,392
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	8,936	9,434
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	4,412	4,560
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	155	190
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	293,542	338,286
Commercial [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		1
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	293,298	337,110
Commercial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		664
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	89	321
Commercial [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	155	190
Single-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	288,976	147,860
Single-Family Residential [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	288,317	147,439
Single-Family Residential [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	659	421
Multi-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	88,745	45,375
Multi-Family Residential [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	88,745	45,249
Multi-Family Residential [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		126
Commercial Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	359,995	277,028
Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	196,592	159,913
Non-Owner Occupied [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans		57
Non-Owner Occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	187,454	150,084
Non-Owner Occupied [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	6,458	7,054
Non-Owner Occupied [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,680	2,718
Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	123,160	90,049
Owner Occupied [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	120,434	87,636
Owner Occupied [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	1,939	1,537
Owner Occupied [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	787	876
Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	40,243	27,066
Land [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	40,243	27,066
Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	82,488	80,426
Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	81,949	80,247
Construction [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	539	179
Home Equity Lines Of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	23,050	20,962
Originated For Portfolio [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	22,877	20,773
Originated For Portfolio [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	22,724	20,746
Originated For Portfolio [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	153	27
Purchased For Portfolio [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	173	189
Purchased For Portfolio [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	129	118
Purchased For Portfolio [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	44	71
Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	2,403	2,429
Other [Member] | Not Rated [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 2,403	$ 2,429

Loans And Leases (Components Of

Loans And Leases (Components Of Net Investment In Direct Financing Leases) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Loans And Leases [Abstract]
Total minimum lease payments to be received	$ 23,884	$ 4,459
Less: unearned income	(2,324)	(326)
Plus: Indirect initial costs	60
Net investment in direct financing leases	$ 21,620	$ 4,133

Loans And Leases (Summary Of Fu

Loans And Leases (Summary Of Future Minimum Lease Payments Receivable) (Details) $ in Thousands	Sep. 30, 2021USD ($)
Loans And Leases [Abstract]
2021, excluding the nine months ended September 30, 2021	$ 1,537
2022	5,514
2023	5,456
2024	5,089
2025	4,342
Thereafter	1,946
Future minimum lease payments	$ 23,884

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Leases [Abstract]
Lease terms extending through year			2026
Operating lease, Weighted average remaining lease term	3 years 2 months 12 days		3 years 2 months 12 days
Operating lease, Weighted average discount rate	5.93%		5.93%
Operating lease costs	$ 122	$ 100	$ 337	$ 292
Variable lease costs	$ 67	$ 59	$ 217	$ 187

Leases (Future Minimum Operatin

Leases (Future Minimum Operating Lease Payments) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Leases [Abstract]
2021, excluding the nine months ended September 30, 2021	$ 156
2022	609
2023	460
2024	364
2025	114
Thereafter	28
Total future minimum rental commitments	1,731
Less - amounts representing interest	(153)
Total operating lease liabilities	$ 1,578	$ 1,532

Fair Value (Narrative) (Details

Fair Value (Narrative) (Details)	9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
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			$ 190,000
Valuation allowance			0
Fair value option, 90 days or more past due	$ 0		0
Write-downs of impaired collateral-dependent loans	$ 0	$ 0
PPPLF fixed rate	0.35%
Fair Value, Measurements, Non-Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets or liabilities measured at fair value	$ 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	0		0
Liabilities measured at fair value	0		0
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	0		0
Liabilities measured at fair value	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	0		0
Liabilities measured at fair value	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	0		0
Liabilities measured at fair value	$ 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	Sep. 30, 2021	Dec. 31, 2020
Financial Assets:
Securities available for sale	$ 17,128	$ 8,701
Loans held for sale	77,946	283,165
Derivative assets	726	1,944
Financial Liabilities:
Derivative liabilities	726	1,944
Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Securities available for sale	17,128	8,701
Loans held for sale	77,946	283,165
Derivative assets	726	1,944
Interest rate lock commitments	519	18,101
TBA Mortgage-back securities	379
Financial Liabilities:
Derivative liabilities	726	1,944
TBA Mortgage-backed securities		2,690
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Securities available for sale	17,128	8,701
Loans held for sale	77,946	283,165
Derivative assets	726	1,944
Financial Liabilities:
Derivative liabilities	726	1,944
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | TBA Mortgage-Back Securities [Member]
Financial Liabilities:
TBA Mortgage-backed securities		2,690
Fair Value, Measurements, Recurring [Member] | Corporate Debt [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Securities available for sale	9,976
Fair Value, Measurements, Recurring [Member] | U.S. Treasury [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Securities available for sale	7,110	8,636
Fair Value, Measurements, Recurring [Member] | Mortgage-Backed Securities - Residential [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Securities available for sale	42	65
Fair Value, Measurements, Recurring [Member] | Interest Rate Lock Commitments [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Interest rate lock commitments	519	$ 18,101
Fair Value, Measurements, Recurring [Member] | TBA Mortgage-Back Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Financial Assets:
TBA Mortgage-back securities	$ 379

Fair Value (Assets Measured At

Fair Value (Assets Measured At Fair Value On A Non-Recurring Basis) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	$ 3,274	$ 3,355
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		190
Commercial [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		$ 190

Fair Value (Financial Instrumen

Fair Value (Financial Instruments Measured At Fair Value On A Non-Recurring Basis) (Details) - Commercial [Member] $ in Thousands	Dec. 31, 2020USD ($)
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 190
Weighted Average [Member] | Unobservable Input, Comparability Adjustment [Member]
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
(Range) Weighted Average	65.00%

Fair Value (Aggregate Fair Valu

Fair Value (Aggregate Fair Value, Contractual Balance And Gain Or Loss) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value [Abstract]
Aggregate fair value	$ 77,946	$ 283,165
Contractual balance	77,023	274,401
Gain	$ 923	$ 8,764

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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Fair Value [Abstract]
Interest income	$ 1,008	$ 1,467	$ 5,347	$ 3,920
Interest expense
Change in fair value	(1,916)	4,669	(7,841)	9,124
Total change in fair value	$ (908)	$ 6,136	$ (2,494)	$ 13,044

Fair Value (Carrying Amounts An

Fair Value (Carrying Amounts And Estimated Fair Values Of Financial Instruments) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Financial assets
Securities available for sale	$ 17,128	$ 8,701
Equity securities	5,000	5,000
Loans held for sale	77,946	283,165
Derivative assets	726	1,944
Financial liabilities
FHLB advances and other borrowings	(41,218)	(214,426)
Advances by borrowers for taxes and insurance	(1,756)	(1,029)
Derivative liabilities	(726)	(1,944)
Fair Value, Inputs, Level 1 [Member]
Financial assets
Cash and cash equivalents	68,161	221,594
Interest-bearing deposits in other financial institutions	100	100
Accrued interest receivable	1	1
Financial liabilities
Deposits	(600,725)	(554,650)
Fair Value, Inputs, Level 2 [Member]
Financial assets
Securities available for sale	17,128	8,701
Equity securities	5,000
Loans held for sale	77,946	283,165
Accrued interest receivable	207	36
Derivative assets	726	1,944
Interest rate lock commitments	519	18,101
TBA Mortgage-back securities	379
Financial liabilities
Deposits	(559,307)	(565,089)
FHLB advances and other borrowings	(41,965)	(215,531)
Subordinated debentures	(16,171)	(16,325)
Accrued interest payable	(539)	(498)
Derivative liabilities	(726)	(1,944)
TBA mortgage-backed securities		(2,690)
Fair Value, Inputs, Level 3 [Member]
Financial assets
Equity securities		5,000
Loans and leases, net	1,133,907	905,030
Accrued interest receivable	4,322	4,547
Financial liabilities
Advances by borrowers for taxes and insurance	(1,756)	(1,029)
Carrying Value [Member]
Financial assets
Cash and cash equivalents	68,161	221,594
Interest-bearing deposits in other financial institutions	100	100
Securities available for sale	17,128	8,701
Equity securities	5,000	5,000
Loans held for sale	77,946	283,165
Loans and leases, net	1,123,712	895,344
FHLB and FRB stock	6,475	5,847
Accrued interest receivable	4,531	4,584
Derivative assets	726	1,944
Interest rate lock commitments	519	18,101
TBA Mortgage-back securities	379
Financial liabilities
Deposits	(1,156,790)	(1,113,070)
FHLB advances and other borrowings	(41,218)	(214,426)
Advances by borrowers for taxes and insurance	(1,756)	(1,029)
Subordinated debentures	(14,874)	(14,844)
Accrued interest payable	(539)	(498)
Derivative liabilities	(726)	(1,944)
TBA mortgage-backed securities		(2,690)
Fair Value [Member]
Financial assets
Cash and cash equivalents	68,161	221,594
Interest-bearing deposits in other financial institutions	100	100
Securities available for sale	17,128	8,701
Equity securities	5,000	5,000
Loans held for sale	77,946	283,165
Loans and leases, net	1,133,907	905,030
Accrued interest receivable	4,530	4,584
Derivative assets	726	1,944
Interest rate lock commitments	519	18,101
TBA Mortgage-back securities	379
Financial liabilities
Deposits	(1,160,032)	(1,119,739)
FHLB advances and other borrowings	(41,965)	(215,531)
Advances by borrowers for taxes and insurance	(1,756)	(1,029)
Subordinated debentures	(16,171)	(16,325)
Accrued interest payable	(539)	(498)
Derivative liabilities	$ (726)	(1,944)
TBA mortgage-backed securities		$ (2,690)

Subordinated Debentures (Narrat

Subordinated Debentures (Narrative) (Details) - USD ($)	1 Months Ended	9 Months Ended
	Dec. 31, 2018	Sep. 30, 2021	Dec. 31, 2020	Dec. 31, 2003
Subsidiary, Sale of Stock [Line Items]
Subordinated debentures		$ 14,874,000	$ 14,844,000	$ 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 Debentures [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
Subordinated Debentures [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		3.00%	3.09%
Subordinated Debentures [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	$ 9,719,000
Interest rate	7.00%
Debt issuance costs	$ 388,000
London Interbank Offered Rate [Member] | Subordinated Debentures [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 Debentures [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 Debentures [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)	May 21, 2021USD ($)	Dec. 31, 2019USD ($)	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)loan	Dec. 31, 2019USD ($)	May 20, 2021USD ($)
PPPLF fixed rate			0.35%
Weighted average life			6 months	1 year 2 months 12 days
Number of PPP loans processed | loan				558
Total amount of PPP loans processed				$ 126,000,000
Third-Party Bank [Member]
Line of credit, borrowing capacity						$ 10,000,000
Third-Party Bank [Member] | Term Loan [Member]
Loan						$ 5,000,000
Line Of Credit [Member] | Commercial Bank One [Member]
Line of credit, borrowing capacity			$ 50,000,000
Line Of Credit [Member] | Commercial Bank Two [Member]
Line of credit, borrowing capacity			15,000,000
Line Of Credit [Member] | Commercial Bank One And Two [Member]
Line of credit, outstanding balance			0	0
Revolving Credit Facility [Member] | Third-Party Bank [Member]
Interest rate	3.85%
Line of credit, expiration date	May 21, 2026
Outstanding balance	$ 35,000
Line of credit, outstanding balance			20,769,000
Revolving Credit Facility [Member] | Third-Party Bank [Member] | Prime Rate [Member] | Interest Rate Floor [Member]
Variable rate spread	3.25%
FRB PPPLF Advances [Member]
Outstanding borrowings			449,000	107,413,000
Warehouse Facility One [Member] | Commercial Bank [Member]
Line of credit, borrowing capacity		$ 25,000,000			$ 25,000,000
Warehouse Facility One [Member] | Commercial Bank Three [Member]
Line of credit, borrowing capacity				75,000,000
Line of credit, outstanding balance			$ 0	$ 70,013,000
Minimum [Member] | Warehouse Facility One [Member] | Commercial Bank [Member] | London Interbank Offered Rate [Member]
Variable rate spread		2.00%
Minimum [Member] | Warehouse Facility One [Member] | Commercial Bank Three [Member] | London Interbank Offered Rate [Member]
Variable rate spread				2.35%
Maximum [Member] | Warehouse Facility One [Member] | Commercial Bank [Member] | London Interbank Offered Rate [Member]
Variable rate spread					4.00%
Maximum [Member] | Warehouse Facility One [Member] | Commercial Bank Three [Member] | London Interbank Offered Rate [Member]
Variable rate spread				2.90%

FHLB Advances And Other Debt (S

FHLB Advances And Other Debt (Schedule Of FHLB Advances And Other Debt) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Total	$ 41,218	$ 214,426
Federal Home Loan Bank Advances [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
2021, FHLB Weighted Average Rate	0.00%
2022, FHLB Weighted Average Rate	1.16%
2023, FHLB Weighted Average Rate	0.92%
2024, FHLB Weighted Average Rate	1.90%
2021, FHLB fixed rate advances		7,500
2022, FHLB fixed rate advances	10,000	10,000
2023, FHLB fixed rate advances	3,500	3,500
2024, FHLB fixed rate advances	6,500	6,500
Total FHLB fixed rate advances	$ 20,000	27,500
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	$ 449	107,413
Line Of Credit [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Total variable rate other debt	$ 20,769	79,513
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	3.85%
Total variable rate other debt	$ 20,769	9,500
Line Of Credit [Member] | Warehouse Facility One [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Total variable rate other debt		$ 70,013

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)shares	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)ShareBasedCompensationPlanshares	Sep. 30, 2020USD ($)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 | $	$ 171	$ 240	$ 527	$ 590
Total income tax (expense) benefit | $	$ 36	50	$ 111	$ 124
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	184,855		184,855
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period			10 years
Shares cancelled, forfeited or expired			1,454	14
Options exercised			14,544	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 vested			11,955	27,697
Shares granted			69,960
Unrecognized compensation cost | $	$ 1,233	$ 762	$ 1,233	$ 762
Shares, Forfeited			7,912	5,234
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				19,660
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] - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares, Outstanding at beginning of year	90,442
Shares, Exercised	(14,544)	(4,545)
Shares, Expired
Shares Cancelled or forfeited	(1,454)
Shares, Outstanding at end of period	74,444
Shares, Exercisable at end of period	74,444
Weighted Average Exercise Price, Outstanding at beginning of year	$ 7.57
Weighted Average Exercise Price, Exercised	7.27
Weighted Average Exercise Price, Expired
Weighted Average Exercise Price, Cancelled or forfeited	7.87
Weighted Average Exercise Price, Outstanding at end of period	7.46
Weighted Average Exercise Price, Exercisable at end of period	$ 7.46
Weighted Average Remaining Contractual Term (Years), Outstanding at end of period	1 year 8 months 12 days
Weighted Average Remaining Contractual Term (Years), Exercisable at end of period	1 year 8 months 12 days
Intrinsic Value, Outstanding at end of period	$ 967
Intrinsic Value, Exercisable at end of period	$ 967

Stock-Based Compensation (Sum_2

Stock-Based Compensation (Summary Of Changes In Company's Nonvested Restricted Shares) (Details) - Restricted Stock [Member] - $ / shares	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Shares, Nonvested at, Beginning	59,802
Shares, Granted	69,960
Shares, Vested	(11,955)	(27,697)
Shares, Forfeited	(7,912)	(5,234)
Shares, Nonvested at, Ending	109,895
Weighted Average Grant date Fair Value, Nonvested at, Beginning	$ 12.12
Weighted Average Grant date Fair Value, Granted	17.82
Weighted Average Grant date Fair Value, Vested	11.39
Weighted Average Grant date Fair Value, Forfeited	13.74
Weighted Average Grant date Fair Value, Nonvested at, Ending	$ 15.71

Regulatory Capital Matters (Nar

Regulatory Capital Matters (Narrative) (Details) - USD ($) $ in Thousands	Jan. 01, 2019	Sep. 30, 2021
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%
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%
Opening balance in liquidation account		$ 14,300

Regulatory Capital Matters (Act

Regulatory Capital Matters (Actual And Required Capital Amounts And Ratios Of CFBank) (Details) $ in Thousands	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Regulatory Capital Matters [Abstract]
Total Capital to risk weighted assets, Actual Amount	$ 164,620	$ 136,683
Tier 1 (Core) Capital to risk weighted assets, Actual Amount	150,136	124,678
Common equity tier 1 capital to risk-weighted assets, Actual Amount	150,136	124,678
Tier 1 (Core) Capital to adjusted total assets (Leverage ratio), Actual Amount	$ 150,136	$ 124,678
Total Capital to risk weighted assets, Actual Ratio	0.1422	0.1431
Tier 1 (Core) Capital to risk weighted assets, Actual Ratio	0.1297	0.1305
Common equity tier 1 capital to risk-weighted assets, Actual Ratio	0.1297	0.1305
Tier 1 (Core) Capital to adjusted total assets, Actual Ratio	0.1104	0.0974
Total Capital to risk weighted assets, Minimum Capital Required-Basel III Fully Phased-In Amount	$ 121,534	$ 100,298
Tier 1 (Core) Capital to risk weighted assets, Minimum Capital Required-Basel III Fully Phased-In Amount	93,384	81,194
Common equity tier 1 capital to risk-weighted assets, Minimum Capital Required-Basel III Fully Phased-In Amount	81,022	66,866
Tier 1 (Core) Capital to adjusted total assets, Minimum Capital Required-Basel III Fully Phased-In Amount	$ 54,415	$ 51,187
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	0.0700	0.0700
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	$ 115,746	$ 95,522
Tier 1 (Core) Capital to risk weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	92,597	76,418
Common equity tier 1 capital to risk-weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	75,235	62,089
Tier 1 (Core) Capital to adjusted total assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	$ 68,018	$ 63,984
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	0.0650	0.0650
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 ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Derivative [Line Items]
Notional amount	$ 54,480,000		$ 46,474,000
Fair value, Derivative assets	726,000		1,944,000
Fair value, Derivative liabilities	(726,000)		(1,944,000)
Interest Rate Swap [Member]
Derivative [Line Items]
Notional amount	54,480,000		46,474,000
Net gains (losses) recognized in earnings	0	$ 0
Interest Rate Lock Commitments [Member]
Derivative [Line Items]
Notional amount	61,404,000		1,048,613,000
Fair value, Derivative assets	$ 519,000		18,100,000
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]
Posted cash collateral	$ 4,847,000
Notional amount	64,500,000		506,750,000
Fair value, Derivative assets	379,000
Fair value, Derivative liabilities			$ (2,690,000)
CF Bank [Member]
Derivative [Line Items]
Pledged, collateral derivatives	$ 2,724,000

Derivative Instruments (Summary

Derivative Instruments (Summary Of Derivative Instruments) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount	$ 54,480	$ 46,474
Weighted average maturity (years)	6 years 8 months 12 days	7 years 4 months 24 days
Fair value of derivative asset	$ 726	$ 1,944
Fair value of yield derivative liability	(726)	(1,944)
Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount	$ 54,480	$ 46,474
Weighted average pay rate on interest-rate swaps	4.15%	4.19%
Weighted average receive rate on interest-rate swaps	3.04%	3.08%

Derivative Instruments (Schedul

Derivative Instruments (Schedule Of Mortgage Banking Derivatives) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Derivatives, Fair Value [Line Items]
Fair value, Derivative assets	$ 726	$ 1,944
Fair value, Derivative liabilities	(726)	(1,944)
Interest Rate Commitments [Member]
Derivatives, Fair Value [Line Items]
Notional Amount, Assets	61,404	1,048,613
Fair value, Derivative assets	519	18,100
TBA Mortgage-Back Securities [Member]
Derivatives, Fair Value [Line Items]
Notional Amount, Assets	64,500	506,750
Fair value, Derivative assets	$ 379
Fair value, Derivative liabilities		$ (2,690)

Derivative Instruments (Sched_2

Derivative Instruments (Schedule Of Notional Amount Of Loans Sold) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Derivative Instruments [Abstract]
Notional amount of loans sold	$ 498,968	$ 552,122	$ 2,228,104	$ 1,357,314

Derivative Instruments (Sched_3

Derivative Instruments (Schedule Of Revenue Recognized On Mortgage Activities) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Derivative Instruments [Abstract]
Gain on loans sold	$ 6,415	$ 19,984	$ 20,621	$ 37,466
Gain (loss) from change in fair value of loans held-for-sale	(1,916)	4,669	(7,841)	9,124
Gain (loss) from change in fair value of derivatives	(4,767)	(1,586)	(7,432)	(1,103)
Revenue recognized on mortgage activities	$ (268)	$ 23,067	$ 5,348	$ 45,487

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2012	Dec. 31, 2020
Proceeds from sale of common stock					$ 22,500,000
Net operating loss carry forwards	$ 22,416,000		$ 22,416,000
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	19.50%	20.70%	19.00%	20.70%
Additional bad debt deductions			$ 2,250,000
Deferred tax asset, valuation allowance	$ 0		0
Deferred tax asset	4,400,000		4,400,000			4,700,000
Unrecognized tax benefits	$ 0		$ 0			$ 0
Minimum [Member]
Net operating loss carryforwards, expiration year			2024
Maximum [Member]
Net operating loss carryforwards, expiration year			2032

Income Taxes (Effective Tax Rat

Income Taxes (Effective Tax Rates Differ From Federal Statutory Rate) (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Taxes [Abstract]
Statutory tax rate	21.00%	21.00%	21.00%	21.00%
Increase (decrease) resulting from:
Restricted stock	(0.10%)		(0.30%)
Tax exempt earnings on bank owned life insurance	(0.50%)	(0.10%)	(0.40%)	(0.10%)
Gain on redemption of life insurance policies			(0.40%)
Dividends on equity securities	(0.20%)		(0.20%)
Low income housing credits	(0.80%)	(0.20%)	(0.70%)	(0.30%)
Other, net	0.10%			0.10%
Effective tax rate	19.50%	20.70%	19.00%	20.70%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Schedule Of Accumulated Other Comprehensive Income) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning of period			$ 96,000
Other comprehensive income (loss), net of tax	$ (13,000)	$ (24,000)	(59,000)	$ 94,000
Accumulated other comprehensive income, end of period	37,000		37,000
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	50,000	146,000	96,000	28,000
Other comprehensive income (loss) before reclassifications	(13,000)	(24,000)	(59,000)	94,000
Other comprehensive income (loss), net of tax	(13,000)	(24,000)	(59,000)	94,000
Accumulated other comprehensive income, end of period	37,000	122,000	37,000	122,000
Amount reclassified out of other comprehensive income	$ 0	$ 0	$ 0	$ 0

Preferred Stock (Narrative) (De

Preferred Stock (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	May 28, 2020	Oct. 31, 2019	Oct. 25, 2019	Sep. 30, 2021	Dec. 31, 2020	Mar. 31, 2020	Mar. 30, 2020
Private Placement [Member]
Schedule of Capitalization, Equity [Line Items]
Aggregate offering price			$ 25
Series C Preferred Stock [Member]
Schedule of Capitalization, Equity [Line Items]
Issuance of preferred stock				0	0
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]
Common stock, par value				$ 0.01	$ 0.01
Shares authorized				9,090,909	9,090,909
Number of shares exchange							27,000
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 issued upon conversion	1,260,700
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

Branch Sale (Narrative) (Detail

Branch Sale (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021
Branch Sale [Abstract]
Gain on sale of deposits	$ 1,893	$ 1,893

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	Oct. 29, 2021	Oct. 05, 2021	Sep. 30, 2021	Sep. 30, 2021
Subsequent Event [Line Items]
Dividends declared, per share			$ 0.03	$ 0.09
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividend, record date		Oct. 5, 2021
Dividends declared, per share		$ 0.04
Dividend, declared date		Nov. 2, 2021
Subsequent Event [Member] | Building [Member]
Subsequent Event [Line Items]
Purchase price	$ 1.8