CF Bankshares (CFBK) 10-Q14 Aug 242024 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Jun. 30, 2024	Aug. 13, 2024
Document Type	10-Q
Document Quarterly Report	true
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Document Period End Date	Jun. 30, 2024
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	4960 E. Dublin Granville Road, Suite #400
Entity Address, City or Town	Columbus
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	43081
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
Amendment Flag	false
Common Stock [Member]
Entity Common Stock, Shares Outstanding		5,127,410
Non-Voting Common Stock [Member]
Entity Common Stock, Shares Outstanding		1,260,700

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 241,775	$ 261,595
Interest-bearing deposits in other financial institutions	100	100
Securities available for sale	8,323	8,092
Equity securities	5,000	5,000
Loans held for sale, at fair value	3,187	1,849
Loans and leases, net of allowance of $19,285 and $16,865, respectively	1,687,695	1,694,133
FHLB and FRB stock	9,830	8,482
Premises and equipment, net	3,571	3,812
Operating lease right-of-use assets	4,858	5,221
Bank owned life insurance	26,683	26,266
Accrued interest receivable and other assets	49,612	44,065
Total assets	2,040,634	2,058,615
Deposits
Noninterest bearing	217,771	235,916
Interest bearing	1,478,705	1,508,141
Total deposits	1,696,476	1,744,057
FHLB advances and other debt	137,163	109,995
Advances by borrowers for taxes and insurance	154	2,179
Operating lease liabilities	4,949	5,302
Accrued interest payable and other liabilities	27,322	26,747
Subordinated debentures	14,980	14,961
Total liabilities	1,881,044	1,903,241
Commitments and contingent liabilities
Stockholders' equity
Series D preferred stock, $0.01 par value; 5,000 shares authorized; 2,160 shares issued at June 30, 2024 and 0 shares issued at December 31, 2023
Additional paid-in capital	91,586	91,068
Retained earnings	80,509	76,517
Accumulated other comprehensive loss	(2,237)	(2,290)
Treasury stock, at cost; 397,856 shares of voting common stock at June 30, 2024 and 381,098 shares of voting common stock at December 31, 2023	(10,336)	(9,991)
Total stockholders' equity	159,590	155,374
Total liabilities and stockholders' equity	2,040,634	2,058,615
Common Stock [Member]
Stockholders' equity
Common stock	55	57
Non-Voting Common Stock [Member]
Stockholders' equity
Common stock	$ 13	$ 13

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Loans and leases, allowance	$ 19,285	$ 16,865
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	5,524,811	5,665,958
Treasury stock, shares	397,856	381,098
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 D Preferred Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	5,000	5,000
Common stock, shares issued	2,160	0

Consolidated Statements Of Inco

Consolidated Statements Of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements Of Income - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Interest and dividend income
Loans and leases, including fees	$ 26,339	$ 23,684	$ 52,349	$ 46,022
Securities	133	213	262	428
FHLB and FRB stock dividends	164	138	329	259
Federal funds sold and other	2,679	2,190	5,461	3,692
Total interest and dividend income	29,315	26,225	58,401	50,401
Interest expense
Deposits	16,784	13,660	33,434	24,079
FHLB advances and other debt	800	789	1,585	1,531
Subordinated debentures	364	290	731	572
Total interest expense	17,948	14,739	35,750	26,182
Net interest income	11,367	11,486	22,651	24,219
Provision for credit losses
Provision for credit losses-loans	3,195	(63)	4,512	204
Provision for credit losses-unfunded commitments	366	75	286	45
Total provision for credit losses	3,561	12	4,798	249
Net interest income after provision for credit losses	7,806	11,474	17,853	23,970
Noninterest income
Service charges on deposit accounts	623	379	1,182	683
Net gains on sales of residential mortgage loans	87	40	177	37
Net gains on sales of commercial loans			167
Swap fee income		142		172
Earnings on bank owned life insurance	213	155	417	305
Other	295	262	180	500
Total noninterest income	1,218	978	2,123	1,697
Noninterest expense
Salaries and employee benefits	3,570	3,778	7,078	7,764
Occupancy and equipment	471	456	905	837
Data processing	649	487	1,264	1,036
Franchise and other taxes	356	328	642	627
Professional fees	590	632	1,253	1,238
Director fees	143	164	268	334
Postage, printing and supplies	42	37	86	92
Advertising and marketing	38	71	52	254
Telephone	52	72	103	136
Loan expenses	259	187	706	359
Depreciation	122	148	252	281
FDIC premiums	499	519	1,099	1,022
Regulatory assessment	66	60	131	118
Other insurance	51	52	107	99
Other	184	182	333	667
Total noninterest expense	7,092	7,173	14,279	14,864
Income before incomes taxes	1,932	5,279	5,697	10,803
Income tax expense	237	1,056	932	2,132
Net income	1,695	4,223	4,765	8,671
Earnings allocated to participating securities (Series D preferred stock)	(54)		(121)
Net income attributable to common stockholders	$ 1,641	$ 4,223	$ 4,644	$ 8,671
Earnings per common share:
Basic	$ 0.26	$ 0.66	$ 0.74	$ 1.35
Diluted	$ 0.26	$ 0.66	$ 0.74	$ 1.35

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Consolidated Statements Of Comprehensive Income [Abstract]
Net income	$ 1,695	$ 4,223	$ 4,765	$ 8,671
Other comprehensive income (loss):
Unrealized holding gains (losses) arising during the period related to securities available for sale, net of tax of $12 and ($39) and $14 and ($97)	44	(148)	53	(364)
Other comprehensive income (loss), net of tax	44	(148)	53	(364)
Comprehensive income	$ 1,739	$ 4,075	$ 4,818	$ 8,307

Consolidated Statements Of Co_2

Consolidated Statements Of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Consolidated Statements Of Comprehensive Income [Abstract]
Unrealized holding gains (losses) arising during the period related to securities available for sale, tax	$ 12	$ (39)	$ 14	$ (97)

Consolidated Statements Of Chan

Consolidated Statements Of Changes In Stockholders' Equity - USD ($) $ in Thousands	Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Non-Voting Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Additional Paid-In Capital [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Accumulated Other Comprehensive Loss [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Treasury Stock [Member]	Cumulative Effect, Period of Adoption, Adjusted Balance [Member]	Common Stock [Member]	Non-Voting Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock [Member]	Total
Balance at Dec. 31, 2022	$ (39)	$ (39)	$ 56	$ 13	$ 89,813	$ 61,056	$ (2,037)	$ (9,692)	$ 139,209	$ 56	$ 13	$ 89,813	$ 61,095	$ (2,037)	$ (9,692)	$ 139,248
Net income													8,671			8,671
Other comprehensive income (loss)														(364)		(364)
Issuance of stock based incentive plan shares, net of forfeitures										1		(1)
Restricted stock expense, net of forfeitures												582				582
Stock options exercised												28				28
Acquisition of treasury shares surrendered upon vesting of restricted stock for payment of taxes															(71)	(71)
Acquisition of treasury shares surrendered upon exercise of stock options for payment of exercise price															(9)	(9)
Cash dividends declared on common stock													(705)			(705)
Balance at Jun. 30, 2023										57	13	90,422	69,022	(2,401)	(9,772)	147,341
Balance at Mar. 31, 2023										57	13	90,095	65,184	(2,253)	(9,763)	143,333
Net income													4,223			4,223
Other comprehensive income (loss)														(148)		(148)
Restricted stock expense, net of forfeitures												299				299
Acquisition of treasury shares surrendered upon exercise of stock options for payment of exercise price												28			(9)	19
Cash dividends declared on common stock													(385)			(385)
Balance at Jun. 30, 2023										57	13	90,422	69,022	(2,401)	(9,772)	147,341
Balance at Dec. 31, 2023										57	13	91,068	76,517	(2,290)	(9,991)	155,374
Net income													4,765			4,765
Other comprehensive income (loss)														53		53
Issuance of stock based incentive plan shares, net of forfeitures
Restricted stock expense, net of forfeitures												516				516
Acquisition of treasury shares surrendered upon vesting of restricted stock for payment of taxes															(122)	(122)
Purchase of treasury shares															(223)	(223)
Conversion of shares of voting common stock to Series D Preferred Stock										(2)		2
Cash dividends declared on common stock													(760)			(760)
Cash dividends declared on Series D preferred Stock ($6.00 per share)													(13)			(13)
Balance at Jun. 30, 2024										55	13	91,586	80,509	(2,237)	(10,336)	159,590
Balance at Mar. 31, 2024										55	13	91,303	79,201	(2,281)	(10,292)	157,999
Net income													1,695			1,695
Other comprehensive income (loss)														44		44
Restricted stock expense, net of forfeitures												283				283
Purchase of treasury shares															(44)	(44)
Cash dividends declared on common stock													(374)			(374)
Cash dividends declared on Series D preferred Stock ($6.00 per share)													(13)			(13)
Balance at Jun. 30, 2024										$ 55	$ 13	$ 91,586	$ 80,509	$ (2,237)	$ (10,336)	$ 159,590

Consolidated Statements Of Ch_2

Consolidated Statements Of Changes In Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Issuance of stock based incentive plan, shares	67,750	1,000	74,818	59,784
Acquisition of treasury shares. restricted stock			5,663	3,447
Acquisition of treasury shares, stock options		502		502
Purchase of treasury stock, shares	2,245		11,095
Issuance of common stock for conversion, shares	16,000		216,000
Issuance of common stock for conversion, preferred shares	160		2,160
Dividends declared on common stock, per share	$ 0.06	$ 0.06	$ 0.12	$ 0.11
Series D Preferred Stock [Member]
Dividends declared on preferred stock, per share	$ 6		$ 6

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Consolidated Statements Of Cash Flows [Abstract]
Net income	$ 4,765	$ 8,671
Adjustments to reconcile net income to net cash from operating activities:
Provision for credit losses	4,798	249
Depreciation	252	281
Accretion, net	(509)	(337)
Deferred income tax (benefit) expense	(554)	102
Originations of loans held for sale	(19,874)	(5,162)
Proceeds from sale of loans held for sale	18,713	4,425
Net gains on sales of residential mortgage loans	(177)	(37)
Net gains on sales of commercial loans	(167)
Loss on sale of other assets held for sale		13
Loss on disposal of premises and equipment		60
Earnings on bank owned life insurance	(417)	(305)
Stock-based compensation expense	516	582
Net change in:
Accrued interest receivable and other assets	890	(286)
Operating lease right-of-use asset	363	312
Operating lease liability	(353)	(317)
Accrued interest payable and other liabilities	(5,426)	(631)
Net cash from operating activities	2,820	7,620
Cash flows used by investing activities:
Available-for-sale securities: Maturities, prepayments and calls	1,004	1,007
Available-for-sale securities, Purchases	(1,170)
Loan and lease originations and payments, net	(1,653)	(58,710)
Proceeds from the sale of commercial loans	4,011
Additions to premises and equipment	(11)	(648)
Purchase of FRB and FHLB Stock	(1,348)	(794)
Purchase of other investments		(1,200)
Other adjustments	100	221
Proceeds from the sale of other assets held for sale		1,892
Net cash from (used by) investing activities	933	(58,232)
Cash flows from financing activities:
Net change in deposits	(47,581)	132,161
Proceeds from FHLB advances and other debt	27,151	37,035
Repayments on FHLB advances and other debt		(36,535)
Net change in advances by borrowers for taxes and insurance	(2,025)	(1,479)
Cash dividends paid	(773)	(705)
Proceeds from exercise of stock options		28
Acquisition of treasury shares surrendered upon vesting of restricted stock for payment of taxes and exercise of stock options for exercise proceeds	(122)	(80)
Purchase of treasury shares	(223)
Net cash (used by) from financing activities	(23,573)	130,425
Net change in cash and cash equivalents	(19,820)	79,813
Beginning cash and cash equivalents	261,595	151,787
Ending cash and cash equivalents	241,775	231,600
Supplemental cash flow information:
Interest paid	35,372	25,260
Income tax paid	358	2,300
Supplemental noncash disclosures:
Investment payable on limited partnerships	$ 6,000
Initial recognition of operating lease asset		4,267
Right-of-use asset obtained in exchange for new operating lease liability		$ 4,267

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	6 Months Ended
Summary Of Significant Accounting Policies	Jun. 30, 2024
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 consist of 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 in accordance with U.S. generally accepted accounting principles (“GAAP”) and the instructions for Form 10-Q and Article 10 of Regulation S-x promulgated by the Securities and Exchange Commission (the “SEC”). 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 Quarterly Report on Form 10-Q. The financial performance reported for the Company for the three and six months ended June 30, 2024 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 2023 Annual Report to Stockholders included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 (referred to herein as the “2023 Audited Financial Statements”). The Company has consistently followed those policies in preparing this Quarterly Report on 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 credit losses on loans and leases. 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 credit losses on investment securities available for sale: For investment securities available for sale in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell, the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security's amortized cost basis is written down to fair value through income. For investment securities available for sale that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, the Company considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded, limited to the amount that the fair value is less than the amortized cost basis. Unrealized losses that have not been recorded through an allowance for credit losses are recognized in other comprehensive income. Adjustments to the allowance for credit losses are reported in the income statement as a component of the provision for credit loss. The Company has made the accounting policy election to exclude accrued interest receivable on investment securities available for sale from the estimate of credit losses. Investment securities available for sale are charged off against the allowance or, in the absence of any allowance, written down through the income statement when deemed uncollectible or when either of the aforementioned criteria regarding intent or requirement to sell is met. The Company did not record an allowance for credit losses on its investment securities available for sale as of June 30, 2024, as the unrealized losses were attributable to changes in interest rates, not credit quality. Allowance for Credit Losses – Loans and Leases ("ACL - Loans"): The ACL - Loans is a valuation account that is deducted from the loans' amortized cost basis to present the net amount expected to be collected on loans over the contractual term. Loans and leases are collectively referred to as “loans” for the purpose of discussing the allowance for credit losses. Loans are charged off against the allowance when the uncollectibility of the loan is confirmed. Expected recoveries do not exceed the aggregate of amounts previously charged off and expected to be charged off. Adjustments to the ACL- Loans are reported in the income statement as a component of provision for credit loss. The Company has made the accounting policy election to exclude accrued interest receivable on loans from the estimate of credit losses. Further information regarding the policies and methodology used to estimate the ACL - Loans is detailed in Note 4 - Loans and Leases to the Consolidated Financial Statements. Allowance for Credit Losses - Off-Balance Sheet Credit Exposures: The allowance for credit losses on off-balance sheet credit exposures is a liability account representing expected credit losses over the contractual period for which the Company is exposed to credit risk resulting from a contractual obligation to extend credit. No allowance is recognized if the Company has the unconditional right to cancel the obligation. Off-balance sheet credit exposures primarily consist of amounts available under outstanding lines of credit and letters of credit. For the period of exposure, the estimate of expected credit losses considers both the likelihood that funding will occur and the amount expected to be funded over the estimated remaining life of the commitment or other off-balance sheet exposure. The likelihood and expected amount of funding are based on historical utilization rates. The amount of the allowance represents management's best estimate of expected credit losses on commitments expected to be funded over the contractual life of the commitment. The allowance for off-balance sheet credit exposures is adjusted through the income statement as a component of provision for credit loss. Joint Ventures: The Holding Company has contributed funds into a series of joint ventures 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. Low Income Housing Tax Credits (LIHTC): CFBank 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 LIHTC. 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. Investment in Real Estate Entity: CFBank made an equity investment as a non-managing member in the real estate entity that owns and operates the building that houses the Company’s headquarters. Upon applying Accounting Standards Codification (“ASC”) 810, the Company determined that CFBank is not the primary beneficiary of the real estate entity, a variable interest entity. Therefore, the real estate entity is not consolidated in the Company’s financial statements and is instead accounted for using the equity method of accounting. As a result, the investment of $ 1.2 million is shown in accrued interest receivable and other assets on the Consolidated Balance Sheets. The maximum exposure to loss related to this investment was $ 1.2 million at June 30, 2024. 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 (Series D Preferred Stock) according to dividends declared (or accumulated) and participation rights in undistributed earnings. There were 2,896 anti-dilutive securities during the three and six months ended June 30, 2024 and no anti-dilutive securities for the three and six months ended June 30, 2023. The factors used in the earnings per share computation follow: Three months ended Six months ended June 30, June 30, 2024 2023 2024 2023 (unaudited) (unaudited) Basic Net income $ 1,695 $ 4,223 $ 4,765 $ 8,671 Earnings allocated to participating securities ( 54 ) - ( 121 ) - Net income allocated to common shareholders $ 1,641 $ 4,223 $ 4,644 $ 8,671 Weighted average common shares outstanding including unvested share-based payment awards 6,374,547 6,550,815 6,396,609 6,543,422 Less: Unvested share-based payment awards-2019 Incentive Plan ( 118,090 ) ( 132,510 ) ( 103,431 ) ( 132,798 ) Average shares 6,256,457 6,418,305 6,293,178 6,410,624 Basic earnings per common share $ 0.26 $ 0.66 $ 0.74 $ 1.35 Diluted Net income allocated to common shareholders $ 1,641 $ 4,223 $ 4,644 $ 8,671 Add: Earnings allocated to participating securities - - - - Net income $ 1,641 $ 4,223 $ 4,644 $ 8,671 Weighted average common shares outstanding for basic earnings per common share 6,256,457 6,418,305 6,293,178 6,410,624 Add: Dilutive effects of assumed exercises of stock options - 3,663 - 5,207 Add: Dilutive effects of assumed preferred stock conversion - - - - Add: Dilutive effects of unvested share-based payment awards-2019 Plan - 11,655 13,700 15,677 Average shares and dilutive potential common shares 6,256,457 6,433,623 6,306,878 6,431,508 Diluted earnings per common share $ 0.26 $ 0.66 $ 0.74 $ 1.35 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. Recent and Future Accounting Pronouncements and Developments: In March 2020, the Financial Accounting Standards Board (the “FASB”) FASB issued ASU No. 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting”. The amendments in this update provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. They provide optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The Company completed its transition from the use of LIBOR in 2023. The adoption of ASU No. 2020-04 did not have a material impact on our Consolidated Financial Statements. In March 2023, the FASB issued ASU No. 2023-02, “Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using Proportional Amortization Method”. This ASU is intended to improve the accounting and disclosures for investments in tax credit structures. It allows reporting entities to elect to adopt for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. We adopted the standard, effective January 1, 2024. The adoption of ASU No. 2023-02 did not have a material impact on our Consolidated Financial Statements. Future Accounting Matters: In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures." The amendments in this ASU apply to all public entities that are required to report segment information in accordance with FASB ASC Topic 280, Segment Reporting. The amendments in the ASU are intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. The amendments require that a public entity disclose, on an annual and interim basis, significant segment expenses that are regularly provided to the chief operating decision maker ("CODM") and included within each reported measure of segment profit or loss. Public entities are required to disclose, on an annual and interim basis, an amount for other segment items by reportable segment and a description of its composition. In addition, public entities must provide all annual disclosures about a reportable segment's profit or loss and assets currently required by ASC Topic 280 in interim periods. The amendments clarify that if the CODM uses more than one measure of a segment’s profit or loss in assessing segment performance and deciding how to allocate resources, a public entity may report one or more of those additional measures of segment profit. However, at least one of the reported segment profit or loss measures (or the single reported measure, if only one is disclosed) should be the measure that is most consistent with the measurement principles used in measuring the corresponding amounts in the public entity's consolidated financial statements. The amendments require that a public entity disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. Finally, the amendments require that a public entity that has a single reportable segment provide all the disclosures required by the amendments in the ASU and all existing segment disclosures in ASC Topic 280. This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. A public entity should apply the amendments retrospectively to all prior periods presented in the financial statements. Upon transition, the segment expense categories and amounts disclosed in the prior periods should be based on the significant segment expense categories identified and disclosed in the period of adoption. The adoption of this ASU is not expected to have a material impact on the Company’s Consolidated Financial Statements and disclosures as the Company has one operating segment. In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. The FASB issued ASU 2023-09 to address investor requests for more transparency about income tax information through improvements to income tax disclosures primarily related to the rate reconciliation and income taxes paid information. ASU 2023-09 is to be applied on a prospective basis and is effective for annual periods beginning after December 15, 2024 with early adoption permitted. ASU 2023-09 will impact income tax disclosures, and the Company does not expect a material impact to the Company’s Consolidated Financial Statements. General Litigation The Company is subject to claims and lawsuits that arise primarily in the ordinary course of business. In the opinion of management, the disposition or ultimate resolution of such claims and lawsuits is not anticipated to have a material adverse effect on the consolidated financial position, results of operations and cash flows of the Company.

Revenue Recognition

Revenue Recognition	6 Months Ended
Revenue Recognition	Jun. 30, 2024
Revenue Recognition [Abstract]
Revenue Recognition	NOTE 2 – REVENUE RECOGNITION GAAP requires 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 from contracts with customers, and instead consist of revenue generated from financial instruments, such as our loans, letters of credit, derivatives and investment securities, as well as revenue generated from our mortgage activities related to net gains on sale of loans. All of the Company’s revenue from contracts with customers is recognized within Noninterest income. Descriptions of revenue-generating activities which are presented in our Consolidated Statements of Income 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	6 Months Ended
Securities	Jun. 30, 2024
Securities [Abstract]
Securities	NOTE 3 – SECURITIES The following tables summarize the amortized cost and fair value of the Company’s available-for-sale securities portfolio at June 30, 2024 and December 31, 2023 and the corresponding amounts of unrealized gains and losses recognized in accumulated other comprehensive loss: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value June 30, 2024 (unaudited) Corporate debt $ 9,982 $ - $ 2,832 $ 7,150 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury (1) 1,173 - - 1,173 Total $ 11,155 $ - $ 2,832 $ 8,323 (1) Unrealized gain is less than $ 1 resulting in rounding to zero. Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2023 Corporate debt $ 9,980 $ - $ 2,880 $ 7,100 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 1,007 - 19 988 Mortgage-backed securities - residential (1) 4 - - 4 Total $ 10,991 $ - $ 2,899 $ 8,092 (1) Unrealized loss is less than $ 1 resulting in rounding to zero. There was no impairment recognized in accumulated other comprehensive loss for securities available for sale at June 30, 2024 or June 30, 2023. There were no sales of securities during the three and six months ended June 30, 2024 and 2023. The amortized cost and fair value of debt securities at June 30, 2024 and December 31, 2023 are shown in the table below by contractual maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. June 30, 2024 December 31, 2023 (unaudited) Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 1,173 $ 1,173 $ 1,007 $ 988 Due from five to ten years 9,982 7,150 9,980 7,100 Mortgage-backed securities - residential - - 4 4 Total $ 11,155 $ 8,323 $ 10,991 $ 8,092 Fair value of securities pledged as collateral was as follows: June 30, 2024 December 31, 2023 (unaudited) Pledged as collateral for: FHLB advances $ - $ 497 Public deposits 635 492 Total $ 635 $ 989 At June 30, 2024 and December 31, 2023, 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 June 30, 2024 and December 31, 2023, aggregated by major security type and length of time in a continuous unrealized loss position. June 30, 2024 (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 Corporate debt $ - $ - $ 7,150 $ 2,832 $ 7,150 $ 2,832 Total temporarily impaired $ - $ - $ 7,150 $ 2,832 $ 7,150 $ 2,832 December 31, 2023 Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Corporate debt $ - $ - $ 7,100 $ 2,880 $ 7,100 $ 2,880 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury - - $ 988 19 988 19 Mortgage-backed securities - residential (1) 1 - 3 - 4 - Total temporarily impaired $ 1 $ - $ 8,091 $ 2,899 $ 8,092 $ 2,899 (1) Unrealized loss is less than $ 1 resulting in rounding to zero. At June 30, 2024, 85.9 % of the Company’s available for sale securities were reported at less than historical cost. At December 31, 2023, 100 % of the Company's available for sale securities were reported at less than historical cost. The unrealized losses at June 30, 2024 were related to one Corporate debt security. The unrealized losses at December 31, 2023 were related to one Corporate debt security, one Mortgage-backed security and two U.S. Treasuries. 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 record an allowance for credit losses at June 30, 2024 and December 31, 2023.

Loans And Leases

Loans And Leases	6 Months Ended
Loans And Leases	Jun. 30, 2024
Loans And Leases [Abstract]
Loans And Leases	NOTE 4 – LOANS AND LEASES The following table presents the recorded investment in loans and leases by portfolio segment. The recorded investment in loans and leases includes the principal balance outstanding adjusted for purchase premiums and discounts, and deferred loan fees and costs. June 30, 2024 December 31, 2023 (unaudited) Commercial (1) $ 422,011 $ 439,895 Real estate: Single-family residential 467,802 478,224 Multi-family residential 128,332 130,778 Commercial 459,860 433,026 Construction 184,899 190,722 Consumer: Home equity lines of credit 40,884 35,960 Other 3,192 2,393 Subtotal 1,706,980 1,710,998 Less: ACL – Loans ( 19,285 ) ( 16,865 ) Loans and leases, net $ 1,687,695 $ 1,694,133 (1) Includes $ 10,423 and $ 13,497 of commercial leases at June 30, 2024 and December 31, 2023, respectively. Allowance for Credit Losses on Loans (ACL – Loans) The ACL - Loans is a valuation account that is deducted from the amortized cost basis of loans and leases to present the net amount expected to be collected on loans over the contractual term. Loans and leases are collectively referred to as “loans” for the purpose of discussing the allowance for credit losses. The ACL - Loans is adjusted by the provision for credit losses, which is reported in earnings, and reduced by charge offs for loans, net of recoveries. Provision for credit losses on loans reflects the totality of actions taken on all loans for a particular period including any necessary increases or decreases in the allowance related to changes in credit loss expectations associated with specific loans or pools of loans. Loans are charged off against the allowance when the uncollectibility of the loan is confirmed. Expected recoveries do not exceed the aggregate of amounts previously charged off and expected to be charged off. The ACL - Loans represents the Company's best estimate of current expected credit losses (CECL) on loans using relevant available information, from internal and external sources, related to past events, current conditions, and reasonable and supportable forecasts. Historical credit loss experience provides the basis for the estimation of expected credit losses. The CECL calculation is performed and evaluated quarterly and losses are estimated over the expected life of the loan. The level of the ACL - Loans is believed to be adequate to absorb all expected future losses inherent in the loan portfolio at the measurement date. In calculating the ACL - Loans, the loan portfolio was pooled into loan segments with similar risk characteristics. Common characteristics include the type or purpose of the loan, underlying collateral and historical/expected credit loss patterns. In developing the loan segments, the Company analyzed the degree of correlation in how loans within each portfolio respond when subjected to varying economic conditions and scenarios as well as other portfolio stress factors. The expected credit losses are measured over the life of each loan segment utilizing the average charge-off methodology combined with economic forecast models to estimate the current expected credit loss inherent in the loan portfolio. This approach is also leveraged to estimate the expected credit losses associated with non-cancellable unfunded loan commitments incorporating expected utilization rates. The Company sub-segmented certain commercial portfolios by risk level where appropriate. The Company utilized a one-year reasonable and supportable economic forecast period. The Company qualitatively adjusts model results for risk factors that are not inherently considered in the historical losses, but are nonetheless relevant in assessing the expected credit losses within the loan portfolio. These adjustments may increase or decrease the estimate of expected credit losses based upon the assessed level of risk for each qualitative factor. The various risks that may be considered in making qualitative adjustments include, among other things, the impact of (i) changes in economic conditions, (ii) changes in the nature and volume of the loan portfolio, (iii) changes in the existence, growth and effect of any concentrations in credit, (iv) changes in lending policies and procedures, including changes in underwriting standards and practices for collections, write-offs, and recoveries, (v) changes in the quality of the credit review function, (vi) changes in the experience, ability and depth of lending management and staff, (vii) changes in the volume and severity of past due and adversely classified loans and the volume of non-accrual loans, (viii) changes in the value of underlying collateral for collateral-dependent loans, and (ix) other environmental factors such as regulatory, legal and technological considerations, as well as competition. In some cases, management may determine that an individual loan exhibits unique risk characteristics which differentiate the loan from other loans within the loan segments. In such cases, the loans are evaluated for expected credit losses on an individual basis and excluded from the collective evaluation. Specific reserves in the allowance for credit losses are determined by analyzing the borrower's ability to repay amounts owed, collateral deficiencies, the relative risk grade of the loan and economic conditions affecting the borrower's industry, among other things. A loan is considered to be collateral dependent when, based upon management's assessment, the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral. In such cases, expected credit losses are based on the fair value of the collateral at the measurement date, adjusted for estimated selling costs if satisfaction of the loan depends on the sale of the collateral. The fair value of collateral supporting collateral dependent loans is evaluated on a quarterly basis. The following tables present the activity in the ACL - Loans by portfolio segment for the three and six months ended June 30, 2024 and 2023 (unaudited). Three Months Ended June 30, 2024 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home equity lines of credit Other Total Allowance for credit losses Balances, April 1, 2024 $ 7,518 $ 3,331 $ 1,147 $ 4,298 $ 1,279 $ 335 $ 290 $ 18,198 Provision of credit losses 3,105 ( 32 ) ( 132 ) ( 10 ) ( 43 ) 46 261 3,195 Recoveries on loans 6 7 - - - 2 - 15 Loans charged off ( 1,873 ) - - - - - ( 250 ) ( 2,123 ) Balances, June 30, 2024 $ 8,756 $ 3,306 $ 1,015 $ 4,288 $ 1,236 $ 383 $ 301 $ 19,285 Six Months Ended June 30, 2024 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home equity lines of credit Other Total Allowance for credit losses Balances, January 1, 2024 $ 5,884 $ 3,371 $ 1,231 $ 4,105 $ 1,707 $ 334 $ 233 $ 16,865 Provision of credit losses 4,733 ( 80 ) ( 216 ) 183 ( 471 ) 45 318 4,512 Recoveries on loans 12 15 - - - 4 - 31 Loans charged off ( 1,873 ) - - - - - ( 250 ) ( 2,123 ) Balances, June 30, 2024 $ 8,756 $ 3,306 $ 1,015 $ 4,288 $ 1,236 $ 383 $ 301 $ 19,285 Three Months Ended June 30, 2023 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home equity lines of credit Other Total Allowance for credit losses Balances, April 1, 2023 $ 5,438 $ 3,194 $ 1,045 $ 4,123 $ 1,679 $ 331 $ 105 $ 15,915 Provision of credit losses ( 184 ) ( 112 ) ( 96 ) ( 44 ) 422 ( 9 ) ( 40 ) ( 63 ) Recoveries on loans 85 19 - - - 1 3 108 Balances, June. 30, 2023 $ 5,339 $ 3,101 $ 949 $ 4,079 $ 2,101 $ 323 $ 68 $ 15,960 Six Months Ended June 30, 2023 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home equity lines of credit Other Total Allowance for credit losses Balances, December 31, 2022 $ 4,764 $ 3,914 $ 997 $ 3,384 $ 2,644 $ 333 $ 26 $ 16,062 Impact of adoption of ASC 326 877 ( 958 ) 66 726 ( 1,019 ) ( 129 ) 28 ( 409 ) Balances, January 1, 2023 Post-ASC 326 adoption 5,641 2,956 1,063 4,110 1,625 204 54 15,653 Provision of credit losses ( 382 ) 123 ( 114 ) ( 31 ) 476 118 14 204 Recoveries on loans 85 22 - - - 1 3 111 Loans charged off ( 5 ) - - - - - ( 3 ) ( 8 ) Balances, June 30, 2023 $ 5,339 $ 3,101 $ 949 $ 4,079 $ 2,101 $ 323 $ 68 $ 15,960 Determining fair value for collateral dependent loans requires obtaining a current independent appraisal of the collateral and applying a discount factor, which includes selling costs if applicable, to the value. The fair value of real estate is generally based on appraisals by qualified licensed appraisers. The appraisers typically determine the value of the real estate by utilizing an income or market valuation approach. If an appraisal is not available, the fair value may be determined by using a cash flow analysis. The fair value of other collateral such as business assets is typically ascertained by assessing, either singularly or some combination of, asset appraisals, accounts receivable aging reports, inventory listings and or customer financial statements. Both appraised values and values based on borrower’s financial information are discounted as considered appropriate based on age and quality of the information and current market conditions. The tables below present the amortized cost basis of collateral dependent loans by loan class and their respective collateral types, which are individually evaluated to determine expected credit losses. June 30, 2024 (unaudited) Residential Real Estate Other Total Allowance on Collateral Dependent Loans Commercial $ - $ 1,760 $ 1,760 $ 511 Real estate: Single-family residential 88 - 88 - Total $ 88 $ 1,760 $ 1,848 $ 511 December 31, 2023 Residential Real Estate Other Total Allowance on Collateral Dependent Loans Commercial $ - $ 449 $ 449 $ 44 Real estate: Single-family residential 90 - 90 - Total $ 90 $ 449 $ 539 $ 44 The following table presents the recorded investment in non-accrual loans by class of loans at June 30, 2024 (unaudited): Non-Accrual Loans Non-Accrual loans with no Allowance for Credit Losses Commercial $ 9,328 $ 233 Real estate: Single-family residential 1,537 1,537 Consumer: Home equity lines of credit: 14 14 Other consumer 30 30 Total nonaccrual loans $ 10,909 $ 1,814 The following table presents the recorded investment in non-accrual loans by class of loans at December 31, 2023. Non-Accrual Loans Non-Accrual loans with no Allowance for Credit Losses Commercial $ 5,048 $ 1,658 Real estate: Single-family residential 627 627 Consumer: Home equity lines of credit: 17 17 Other consumer 30 30 Total nonaccrual loans $ 5,722 $ 2,332 Nonaccrual loans include both smaller balance single-family mortgage loans, consumer loans and commercial loans and leases that are collectively evaluated for impairment and individually classified impaired loans. There were no loans 90 days or more past due and still accruing interest at June 30, 2024 or December 31, 2023. The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of June 30, 2024 (unaudited): 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or more Past Due Total Past Due Loans Not Past Due Nonaccrual Loans Not 90 days or more Past Due Commercial $ 53 $ 4,095 $ 1,931 $ 6,079 $ 415,932 $ 7,397 Real estate: Single-family residential - 547 936 1,483 466,319 601 Multi-family residential - - - - 128,332 - Commercial: Non-owner occupied - - - - 239,862 - Owner occupied - - - - 202,951 - Land - - - - 17,047 - Construction - - - - 184,899 - Consumer: Home equity lines of credit: 28 - - 28 40,856 14 Other - - 30 30 3,162 - Total $ 81 $ 4,642 $ 2,897 $ 7,620 $ 1,699,360 $ 8,012 The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2023: 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or more Past Due Total Past Due Loans Not Past Due Nonaccrual Loans Not 90 days or more Past Due Commercial $ 98 $ - $ 622 $ 720 $ 439,175 $ 4,426 Real estate: Single-family residential 165 372 563 1,100 477,124 64 Multi-family residential - - - - 130,778 - Commercial: Non-owner occupied - - - - 228,548 - Owner occupied - - - - 183,773 - Land - - - - 20,705 - Construction - - - - 190,722 - Consumer: Home equity lines of credit: Originated for portfolio 97 - 17 114 35,846 - Purchased for portfolio - - - - - - Other - - 30 30 2,363 - Total $ 360 $ 372 $ 1,232 $ 1,964 $ 1,709,034 $ 4,490 Loan Modifications: During the three and six months ended June 30, 2024, the Company modified one commercial loan, totaling $ 4.4 million, where the borrower was experiencing financial difficulty. The loan was modified to defer principal and interest payments, increase the interest rate, extend the maturity date and institute a minimum EBITDA covenant. The loan was not past due during the six months ended June 30, 2024. During the three and six months ended June 30, 2023, the Company did no t modify any loans to borrowers experiencing financial difficulties. 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 following table summarizes the risk grading of the Company’s loan portfolio by loan class and by year of origination for the years indicated as of June 30, 2024. Consumer and Single-family residential loans are not risk graded. For purposes of this disclosure, those loans are classified in the following manner: loans that are 89 days or less past due and accruing are “performing” loans and loans greater than 89 days past due or in nonaccrual are “nonperforming” loans. Term Loans (amortized cost basis by origination year) (unaudited) 2024 2023 2022 2021 2020 Prior Revolving loans amortized cost basis Revolving loans converted to term Total Commercial Pass $ 14,708 $ 31,749 $ 76,526 $ 87,176 $ 44,153 $ 11,859 $ 136,588 $ 3,944 $ 406,703 Special Mention - - 7,000 - - 81 - - 7,081 Substandard - - 485 7,692 - - 50 - 8,227 Total Commercial 14,708 31,749 84,011 94,868 44,153 11,940 136,638 3,944 422,011 Current period gross charge-offs - - 1,755 118 - - - - 1,873 Real estate loans: Single-family residential Payment performance Performing 12,372 35,622 126,041 223,580 44,062 24,588 - - 466,265 Nonperforming - 547 372 - - 618 - - 1,537 Total Single-family residential loans 12,372 36,169 126,413 223,580 44,062 25,206 - - 467,802 Multi-family residential Pass - 24,822 8,724 52,081 7,249 35,456 - - 128,332 Total Multi-family residential loans - 24,822 8,724 52,081 7,249 35,456 - - 128,332 Commercial: Non-owner occupied Pass 10,189 52,955 33,731 68,558 14,486 59,438 - - 239,357 Special Mention - - - - - 505 - - 505 Total Non-owner occupied loans 10,189 52,955 33,731 68,558 14,486 59,943 - - 239,862 Owner occupied Pass 5,408 23,518 69,781 48,651 19,365 35,549 - - 202,272 Special Mention - - - - - 679 - - 679 Total Owner occupied loans 5,408 23,518 69,781 48,651 19,365 36,228 - - 202,951 Land Pass 5,895 4,792 401 5,456 - 503 - - 17,047 Total Land loans 5,895 4,792 401 5,456 - 503 - - 17,047 Construction Pass 10,196 42,810 69,360 58,903 3,630 - - - 184,899 Total Construction loans 10,196 42,810 69,360 58,903 3,630 - - - 184,899 Total Real Estate loans 44,060 185,066 308,410 457,229 88,792 157,336 - - 1,240,893 Consumer: Home equity lines of credit: Payment performance Performing - - - - - - 37,218 3,652 40,870 Nonperforming - - - - - - - 14 14 Total Home equity lines of credit - - - - - - 37,218 3,666 40,884 Other Payment performance - Performing 497 - - - 9 187 2,469 - 3,162 Nonperforming - - - - - - 30 - 30 Total Other consumer loans 497 - - - 9 187 2,499 - 3,192 Current period gross charge-offs - - - - - - 250 - 250 Total loans $ 59,265 $ 216,815 $ 392,421 $ 552,097 $ 132,954 $ 169,463 $ 176,355 $ 7,610 $ 1,706,980 Total current period gross charge-offs $ - $ - $ 1,755 $ 118 $ - $ - $ 250 $ - $ 2,123 The following table summarizes the risk grading of the Company’s loan portfolio by loan class and by year of origination for the years indicated as of December 31, 2023. Consumer and Single-family residential loans are not risk graded. For purposes of this disclosure, those loans are classified in the following manner: loans that are 89 days or less past due and accruing are “performing” loans and loans greater than 89 days past due or in nonaccrual are “nonperforming” loans. Term Loans (amortized cost basis by origination year) 2023 2022 2021 2020 2019 Prior Revolving loans amortized cost basis Revolving loans converted to term Total Commercial Pass $ 32,965 $ 86,433 $ 90,297 $ 45,670 $ 3,189 $ 9,888 $ 159,065 $ 1,078 $ 428,585 Special Mention - - 2,807 - 84 - - - 2,891 Substandard - 384 7,537 - - - 50 - 7,971 Doubtful - 448 - - - - - - 448 Total Commercial 32,965 87,265 100,641 45,670 3,273 9,888 159,115 1,078 439,895 Current period gross charge-offs - 564 211 - - - - - 775 Real estate loans: Single-family residential Payment performance Performing 42,655 131,416 231,379 45,785 9,584 16,778 - - 477,597 Nonperforming - - - - - 627 - - 627 Total Single-family residential loans 42,655 131,416 231,379 45,785 9,584 17,405 - - 478,224 Multi-family residential Pass 24,839 8,776 53,815 7,311 15,772 20,265 - - 130,778 Total Multi-family residential loans 24,839 8,776 53,815 7,311 15,772 20,265 - - 130,778 Commercial: Non-owner occupied Pass 57,092 27,068 61,990 15,085 20,101 45,725 982 - 228,043 Special Mention - - - - 505 - - - 505 Total Non-owner occupied loans 57,092 27,068 61,990 15,085 20,606 45,725 982 - 228,548 Owner occupied Pass 20,353 55,169 50,210 19,775 18,751 18,768 68 - 183,094 Special Mention - - - - 679 - - - 679 Total Owner occupied loans 20,353 55,169 50,210 19,775 19,430 18,768 68 - 183,773 Land Pass 7,932 6,037 6,177 - 149 410 - - 20,705 Total Land loans 7,932 6,037 6,177 - 149 410 - - 20,705 Construction Pass 31,739 78,602 61,435 4,174 - - 14,772 - 190,722 Total Construction loans 31,739 78,602 61,435 4,174 - - 14,772 - 190,722 Total Real Estate loans 184,610 307,068 465,006 92,130 65,541 102,573 15,822 - 1,232,750 Consumer: Home equity lines of credit: Payment performance Performing - - - - - - 33,510 2,433 35,943 Nonperforming - - - - - - - 17 17 Total Home equity lines of credit - - - - - - 33,510 2,450 35,960 Other Payment performance Performing - - - 12 - 216 2,135 - 2,363 Nonperforming - - - - - - - 30 30 Total Other consumer loans - - - 12 - 216 2,135 30 2,393 Current period gross charge-offs - - - - - 3 - - 3 Total loans $ 217,575 $ 394,333 $ 565,647 $ 137,812 $ 68,814 $ 112,677 $ 210,582 $ 3,558 $ 1,710,998 Total current period gross charge-offs $ - $ 564 $ 211 $ - $ - $ 3 $ - $ - $ 778 Direct Financing Leases: The following lists the components of the net investment in direct financing leases: June 30, 2024 December 31, 2023 (unaudited) Total minimum lease payments to be received $ 10,976 $ 14,343 Less: Unearned income ( 564 ) ( 863 ) Plus: Indirect initial costs 11 17 Net investment in direct financing leases $ 10,423 $ 13,497 The following summarizes the future minimum lease payments receivable in fiscal year 2024 and in subsequent fiscal years: 2024, excluding the six months ended June 30, 2024 $ 2,827 2025 4,899 2026 2,657 2027 543 2028 50 Thereafter - Total future minimum payments $ 10,976

Leases

Leases	6 Months Ended
Leases	Jun. 30, 2024
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. 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 2034 . All of our leases are classified as operating leases. 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. The Company uses the discount rate implicit in the lease whenever this rate is readily determinable. As this rate is not readily determinable in our operating leases, the Company utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term. At June 30, 2024, the weighted-average remaining lease term for the Company’s operating leases was 8.7 years and the weighted-average discount rate was 7.27 %. At December 31, 2023, the weighted-average remaining lease term for the Company’s operating leases was 8.9 years and the weighted-average discount rate was 7.21 %. The Company’s operating lease costs were $ 183 and $ 363 for the three and six months ended June 30, 2024, respectively, and $ 188 and $ 312 for the three and six months ended June 30, 2023, respectively. The variable lease costs totaled $ 246 and $ 437 for the three and six months ended June 30, 2024, respectively, and $ 188 and $ 353 for the three and six months ended June 30, 2023, 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 June 30, 2024 are as follows: 2024, excluding the six months ended June 30, 2024 $ 495 2025 820 2026 737 2027 687 2028 700 Thereafter 3,407 Total future minimum rental commitments 6,846 Less - amounts representing interest ( 1,897 ) Total operating lease liabilities $ 4,949

Fair Value

Fair Value	6 Months Ended
Fair Value	Jun. 30, 2024
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 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 – backed 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). Collateral dependent impaired loans: The fair value of collateral dependent impaired loans with specific reserves in the ACL - Loans is generally based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. Appraisals for collateral-dependent impaired loans are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by a third-party appraisal management company approved by the Board of Directors annually. Once received, the loan officer or a member of the credit department reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. Appraisals are updated as needed based on facts and circumstances associated with the individual properties. Real estate appraisals typically incorporate measures such as recent sales prices for comparable properties. Appraisers may make adjustments to the sales prices of the comparable properties as deemed appropriate based on the age, condition or general characteristics of the subject property. Management applies an additional discount to real estate appraised values, typically to reflect changes in market conditions since the date of the appraisal if warranted and to cover disposition costs (including selling expenses) based on the intended disposition method of the property. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. Loans held for sale: Loans held for sale are carried at fair value, as determined by outstanding commitments from third party investors (Level 2). Assets and liabilities measured at fair value on a recurring basis, including financial assets and liabilities for which the Company has elected the fair value option, are summarized below: Fair Value Measurements at June 30, 2024 using Significant Other Observable Inputs (Level 2) (unaudited) Financial Assets: Securities available for sale: Corporate debt $ 7,150 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 1,173 Total securities available for sale $ 8,323 Loans held for sale $ 3,187 Derivative assets $ 3,983 Financial Liabilities: Derivative liabilities $ 3,983 Fair Value Measurements at December 31, 2023 using Significant Other Observable Inputs (Level 2) Financial Assets: Securities available for sale: Corporate debt $ 7,100 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 988 Mortgage-backed securities - residential 4 Total securities available for sale $ 8,092 Loans held for sale $ 1,849 Derivative assets $ 4,710 Financial Liabilities: Derivative liabilities $ 4,710 The Company had no assets or liabilities measured at fair value on a recurring basis that were measured using Level 1 or Level 3 inputs at June 30, 2024 or December 31, 2023. There were no transfers of assets or liabilities measured at fair value between levels during the periods ended June 30, 2024 and December 31, 2023. Assets and liabilities measured at fair value on a non-recurring basis at June 30, 2024 are summarized below: Fair Value Measurements at June 30, 2024 Using Significant Unobservable Inputs (Level 3) (unaudited) Collateral dependent impaired loans: Commercial $ 124 Total collateral dependent impaired loans $ 124 Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2023 are summarized below: Fair Value Measurements at December 31, 2023 Using Significant Unobservable Inputs (Level 3) Collateral dependent impaired loans: Commercial $ 403 Total collateral dependent impaired loans $ 403 There were no write-downs of impaired collateral dependent loans during the six months ended June 30, 2024 or 2023. 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 June 30, 2024: Fair Value Valuation Technique(s) Unobservable Inputs Weighted Average Collateral dependent impaired loans: Commercial $ 124 Comparable sales approach Adjustment for differences between the stated value and net realizable value 10.00 % 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, 2023: Fair Value Valuation Technique(s) Unobservable Inputs Weighted Average Collateral dependent impaired loans: Commercial $ 403 Comparable sales approach Adjustment for differences between the stated value and net realizable value 10.43 % 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 June 30, 2024 or December 31, 2023. As of June 30, 2024 and December 31, 2023, the aggregate fair value, contractual balance and gain or loss on loans held for sale were as follows: June 30, 2024 December 31, 2023 (unaudited) Aggregate fair value $ 3,187 $ 1,849 Contractual balance 3,187 1,849 Gain (loss) $ - $ - The total amount of gains and losses from changes in fair value included in earnings for the three and six months ended June 30, 2024 and 2023 for loans held for sale were: Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 (unaudited) (unaudited) Interest income $ 31 $ 10 $ 59 $ 13 Interest expense - - - - Change in fair value - - - - Total change in fair value $ 31 $ 10 $ 59 $ 13 The carrying amounts and estimated fair values of financial instruments at June 30, 2024 were as follows: Fair Value Measurements at June 30, 2024 Using: Carrying (unaudited) Value Level 1 Level 2 Level 3 Total Financial Assets Cash and cash equivalents $ 241,775 $ 241,775 $ - $ - $ 241,775 Interest-bearing deposits in other financial institutions 100 100 - - 100 Securities available for sale 8,323 - 8,323 - 8,323 Equity securities 5,000 - 5,000 - 5,000 Loans held for sale 3,187 - 3,187 - 3,187 Loans and leases, net 1,687,695 - - 1,651,370 1,651,370 FHLB and FRB stock 9,830 n/a n/a n/a n/a Accrued interest receivable 9,559 140 137 9,282 9,559 Derivative assets 3,983 - 3,983 - 3,983 Financial Liabilities Deposits $ ( 1,696,476 ) $ ( 1,018,376 ) $ ( 675,034 ) $ - $ ( 1,693,410 ) FHLB advances and other borrowings ( 137,163 ) - ( 135,389 ) - ( 135,389 ) Advances by borrowers for taxes and insurance ( 154 ) - - ( 154 ) ( 154 ) Subordinated debentures ( 14,980 ) - ( 17,165 ) - ( 17,165 ) Accrued interest payable ( 3,058 ) - ( 3,058 ) - ( 3,058 ) Derivative liabilities ( 3,983 ) - ( 3,983 ) - ( 3,983 ) The carrying amounts and estimated fair values of financial instruments at December 31, 2023 were as follows: Fair Value Measurements at December 31, 2023 Using: Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and cash equivalents $ 261,595 $ 261,595 $ - $ - $ 261,595 Interest-bearing deposits in other financial institutions 100 100 - - 100 Securities available for sale 8,092 - 8,092 - 8,092 Equity securities 5,000 - 5,000 - 5,000 Loans held for sale 1,849 - 1,849 - 1,849 Loans and leases, net 1,694,133 - - 1,670,885 1,670,885 FHLB and FRB stock 8,482 n/a n/a n/a n/a Accrued interest receivable 9,210 171 125 8,914 9,210 Derivative assets 4,710 - 4,710 - 4,710 Financial Liabilities Deposits $ ( 1,744,057 ) $ ( 1,080,605 ) $ ( 659,492 ) $ - $ ( 1,740,097 ) FHLB advances and other borrowings ( 109,995 ) - ( 108,294 ) - ( 108,294 ) Advances by borrowers for taxes and insurance ( 2,179 ) - - ( 2,179 ) ( 2,179 ) Subordinated debentures ( 14,961 ) - ( 17,345 ) - ( 17,345 ) Accrued interest payable ( 2,680 ) - ( 2,680 ) - ( 2,680 ) Derivative liabilities ( 4,710 ) - ( 4,710 ) - ( 4,710 )

Subordinated Debentures

Subordinated Debentures	6 Months Ended
Subordinated Debentures	Jun. 30, 2024
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. Prior to July 1, 2023, the subordinated debentures had a variable rate of interest, which reset quarterly, equal to the three-month London Interbank Offered Rate (LIBOR) plus 2.85 %. Effective July 1, 2023, the rate of interest on the subordinated debentures resets quarterly to the three-month Secured Overnight Financing Rate ( SOFR ) plus 3.112 %, which was 8.44 % at June 30, 2024 and 8.44 % at December 31, 2023. 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 . After payment of approximately $ 388 of debt issuance costs, the Holding Company’s net proceeds were approximately $ 9,612 . The subordinated notes initially bore 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 resets quarterly to an interest rate equal to the then current three-month SOFR (but not less than zero) plus 4.402 %, which was 9.73 % at June 30, 2024 and 9.70 % at December 31, 2023. Interest is 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. At June 30, 2024, the balance of the subordinated notes, net of unamortized debt issuance costs, was $ 9,825 .

FHLB Advances And Other Debt

FHLB Advances And Other Debt	6 Months Ended
FHLB Advances And Other Debt	Jun. 30, 2024
FHLB Advances And Other Debt [Abstract]
FHLB Advances And Other Debt	NOTE 8 – FHLB ADVANCES AND OTHER DEBT Federal Home Loan Bank (“FHLB”) advances and other debt were as follows: Weighted Average Rate June 30, 2024 December 31, 2023 (unaudited) FHLB variable Rate Advances Maturities less than 30 days 5.40 % $ 26,000 $ - FHLB fixed rate advances: Maturities: 2024 1.46 % $ 18,500 $ 18,500 2026 1.45 % 16,000 16,000 2027 3.88 % 12,500 12,500 2028 1.69 % 17,000 17,000 2029 3.94 % 12,500 12,500 Total FHLB fixed rate advances $ 76,500 $ 76,500 Variable rate other debt: Holding Company credit facility 3.85 % 34,663 33,495 Total $ 137,163 $ 109,995 Each FHLB advance is payable at its maturity date, with a prepayment penalty for fixed-rate advances. The Holding Company has a $ 35,000 credit facility with a third-party bank. The credit facility was revolving until May 21, 2024 , at which time the outstanding balance was 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 %. At June 30, 2024, the Company had an outstanding balance, net of unamortized debt issuance costs, of $ 34,663 on the facility. Contractual maturities of the Holding Company credit facility as of June 30, 2024 are as follows: 2024, excluding the six months ended June 30, 2024 $ - 2025 1,750 2026 1,750 2027 2,625 2028 2,625 Thereafter 26,250 Less - unamortized debt issuance costs ( 337 ) $ 34,663 At June 30, 2024, 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 June 30, 2024 and December 31, 2023. 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. There were no outstanding borrowings with the Federal Reserve Bank (“FRB”) at June 30, 2024 and December 31, 2023.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
Stock-Based Compensation	Jun. 30, 2024
Stock-Based Compensation [Abstract]
Stock-Based Compensation	NOTE 9 – STOCK-BASED COMPENSATION The Company has a stock-based compensation plan, 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 the plan totaled $ 283 and $ 516 , respectively, for the three and six months ended June 30, 2024 and $ 299 and $ 582 , respectively, for the three and six months ended June 30, 2023. The total income tax effect was $ 59 and $ 108 , respectively, for the three and six months ended June 30, 2024 and $ 63 and $ 122 , respectively, for the three and six months ended June 30, 2023. The Company’s 2019 Equity Incentive Plan (the “2019” Plan”) was approved by stockholders on May 29, 2019 and replaced the Company’s 2009 Equity Compensation Plan (the “2009” Plan”). The 2019 Plan authorized 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. The first amendment to the Company’s 2019 Plan was approved by stockholders on May 29, 2024 to increase the number of shares of common stock reserved for awards thereunder from 300,000 to 500,000 . The Company is in the process of preparing a Form S-8 to register the additional 200,000 eligible shares. Upon filing the Form S-8 with the SEC, 201,840 shares will be available for awards . Stock Options: The 2019 Plan permits the grant of stock options to directors, officers and employees of the Holding Company and CFBank. Option awards are granted with an exercise price equal to the market price of the Company’s common stock on the date of grant, generally have vesting periods ranging from one year to three years , and are exercisable for ten years from the date of grant. Unvested stock options immediately vest upon a change of control. The fair value of each option award is estimated on the date of grant using a closed form option valuation (Black-Scholes) model that uses the assumptions noted in the table below. Expected volatilities are based on historical volatilities of the Company’s common stock. The Company uses historical data to estimate option exercise and post-vesting termination behavior. Employee and management options are tracked separately. The expected term of options granted is based on historical data and represents the period of time that options granted are expected to be outstanding, which takes into account that the options are not transferable. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. There were no options outstanding at June 30, 2024. There were no options granted during the six months ended June 30, 2024 and June 30, 2023. There were no options exercised during the six months ended June 30, 2024. There were 3,636 options exercised during the six months ended June 30, 2023. Restricted Stock Awards: The 2019 Plan also permits the grant of restricted stock awards to directors, officers and employees. Compensation is recognized over the vesting period of the awards based on the fair value of the stock at grant date. The fair value of the stock is determined using the closing share price on the date of grant and shares generally have vesting periods of one year to three years . There were 74,818 shares of restricted stock granted under the 2019 Plan during the six months ended June 30, 2024. There were 59,784 shares of restricted stock granted during the six months ended June 30, 2023. A summary of changes in the Company’s nonvested restricted stock awards as of June 30, 2024 follows (unaudited): Nonvested Shares Shares Weighted Average Grant-Date Fair Value Nonvested at January 1, 2024 119,026 $ 19.99 Granted 74,818 19.16 Vested ( 58,792 ) 19.55 Forfeited ( 328 ) 21.37 Nonvested at June 30, 2024 134,724 $ 19.72 As of June 30, 2024 and 2023, the unrecognized compensation cost related to nonvested restricted stock awards granted under the 2019 Plan was $ 2,291 and $ 1,989 , respectively. There were 328 shares of restricted stock forfeited during the six month period ended June 30, 2024, and 5,345 shares of restricted stock forfeited during the six months ended June 30, 2023. There were 58,792 shares of restricted stock that vested during the six months ended June 30, 2024, and 41,727 shares of restricted stock that vested during the six months ended June 30, 2023.

Regulatory Capital Matters

Regulatory Capital Matters	6 Months Ended
Regulatory Capital Matters	Jun. 30, 2024
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 Board of Governors of the Federal Reserve System (the “Federal Reserve”), 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. 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 consists of an additional amount of common equity equal to 2.5% of risk-weighted assets. 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”). 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 June 30, 2024 and December 31, 2023 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 To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount Ratio Amount Ratio Amount Ratio June 30, 2024 Total Capital to risk weighted assets $ 222,036 13.48 % $ 172,933 10.50 % $ 164,698 10.00 % Tier 1 (Core) Capital to risk weighted assets 201,445 12.23 % 139,994 8.50 % 131,759 8.00 % Common equity tier 1 capital to risk-weighted assets 201,445 12.23 % 115,289 7.00 % 107,054 6.50 % Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 201,445 10.11 % 79,669 4.00 % 99,586 5.00 % Actual Minimum Capital Required-Basel III To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount Ratio Amount Ratio Amount Ratio December 31, 2023 Total Capital to risk weighted assets $ 215,164 13.30 % $ 169,909 10.50 % $ 161,818 10.00 % Tier 1 (Core) Capital to risk weighted assets 196,977 12.17 % 137,546 8.50 % 129,455 8.00 % Common equity tier 1 capital to risk-weighted assets 196,977 12.17 % 113,273 7.00 % 105,182 6.50 % Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 196,977 9.76 % 80,727 4.00 % 100,908 5.00 % CFBank converted from a mutual to a stock institution in 1998, and a “liquidation account” was established in the amount of $ 14,300 , which was the net worth reported in the conversion prospectus. The liquidation account represents a calculated amount for the purposes described below, and it does not represent actual funds included in the Consolidated Financial Statements of the Company. Eligible depositors who have maintained their accounts, less annual reductions to the extent they have reduced their deposits, would be entitled to a priority distribution from this account if CFBank liquidated and its assets exceeded its liabilities. Dividends may not reduce CFBank’s stockholder’s equity below the required liquidation account balance. Dividend Restrictions: Banking regulations require us to maintain certain capital levels and may limit the dividends paid by CFBank to the Holding Company or by the Holding Company to stockholders. The ability of the Holding Company to pay dividends on its stock is dependent upon the amount of cash and liquidity available at the Holding Company level, as well as the receipt of dividends and other distributions from CFBank to the extent necessary to fund such dividends. The Holding Company is a legal entity that is separate and distinct from CFBank, which has no obligation to make any dividends or other funds available for the payment of dividends by the Holding Company. The Holding Company also is subject to various legal and regulatory policies and guidelines impacting the Holding Company’s ability to pay dividends on its stock. In addition, the Holding Company’s ability to pay dividends on its stock is conditioned upon the payment, on a current basis, of quarterly interest payments on the subordinated debentures underlying the Company’s trust preferred securities. Finally, under the terms of the Holding Company’s fixed-to-floating rate subordinated debt, the Holding Company’s ability to pay dividends on its stock is conditioned upon the Holding Company continuing to make required principal and interest payments, and not incurring an event of default, with respect to the subordinated debt. Additionally, CFBank does not intend to make distributions to the Holding Company that would result in a recapture of any portion of its thrift bad debt reserve as discussed in Note 12 - Income Taxes .

Derivative Instruments

Derivative Instruments	6 Months Ended
Derivative Instruments	Jun. 30, 2024
Derivative Instruments [Abstract]
Derivative Instruments	NOTE 11 – DERIVATIVE INSTRUMENTS Interest-rate swaps: The Bank enters into interest rate swaps with certain qualifying commercial loan customers to meet their interest rate risk management needs. The Bank simultaneously enters into interest rate swaps with dealer counterparties, with identical notional amounts and offsetting terms. The net result of these interest rate swaps is that the customer pays a fixed rate of interest and the Bank receives a floating rate. These back-to-back loan swaps are derivative financial instruments and are reported at fair value in “accrued interest receivable and other assets ” and “accrued interest payable and other liabilities ” in the Consolidated Balance Sheets. Changes in the fair value of loan swaps are recorded in other noninterest income and net to zero because of the offsetting terms of swaps with borrowers and swaps with dealer counterparties. 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 $ 80,817 at June 30, 2024 and $ 81,858 at December 31, 2023. The counterparty to CFBank’s interest-rate swaps is exposed to credit risk whenever the interest-rate swaps are in a liability position. At June 30, 2024, CFBank had $ 3,466 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 June 30, 2024, CFBank was well-capitalized under regulatory capital standards and was not subject to any adverse regulatory events specified in CFBank’s interest-rate swap instruments. Summary information about the derivative instruments is as follows: June 30, 2024 December 31, 2023 (unaudited) Notional amount $ 80,817 $ 81,858 Weighted average pay rate on interest-rate swaps 5.37 % 5.36 % Weighted average receive rate on interest-rate swaps 7.79 % 7.81 % Weighted average maturity (years) 7.8 8.2 Fair value of derivative asset $ 3,983 $ 4,710 Fair value of derivative liability ( 3,983 ) ( 4,710 ) Mortgage banking derivatives: Mortgage banking activities include two types of commitments: rate lock commitments and forward loan sales 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 to 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 a forward loan sales contract under best efforts. 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 $ 7,910 of interest lock commitments related to residential mortgage loans at June 30, 2024 and $ 5,345 of interest rate lock commitments related to residential mortgage loans at December 31, 2023. The fair value of these interest lock commitments was immaterial at June 30, 2024 and December 31, 2023. The following table reflects the amount and market value of mortgage banking derivatives included in the Consolidated Balance Sheets as of the period end (in thousands): June 30, 2024 December 31, 2023 (unaudited) Notional Amount Fair Value Notional Amount Fair Value Assets (Liabilities): Interest rate commitments $ 7,910 $ - $ 5,345 $ - The following table represents the notional amount of loans sold during the three and six months ended June 30, 2024 and 2023 (unaudited): Three Months ended Six Months ended June 30, June 30, 2024 2023 2024 2023 Notional amount of loans sold $ 10,837 $ 3,171 $ 19,874 $ 5,162 The following table represents the gain (loss) recognized on mortgage activities for the three and six months ended June 30, 2024 and 2023 (unaudited): Three Months ended Six Months ended June 30, June 30, 2024 2023 2024 2023 Gain on loans sold 87 40 177 37 Gain (loss) from change in fair value of loans held-for-sale - - - - $ 87 $ 40 $ 177 $ 37

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2024
Income Taxes [Abstract]
Income Taxes	NOTE 12 – INCOME TAXES At June 30, 2024 and December 31, 2023, the Company had a deferred tax asset recorded in the amount of approximately $ 4,496 and $ 3,942 , respectively. At June 30, 2024 and December 31, 2023, 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 2020. Our deferred tax assets are composed of U.S. net operating losses (“NOLs”), and other temporary book to tax differences. When determining the amount of deferred tax assets that are more-likely-than-not to be realized, and therefore recorded as a benefit, the Company conducts a regular assessment of all available information. This information includes, but is not limited to, taxable income in prior periods, projected future income and projected future reversals of deferred tax items. Based on these criteria, the Company determined as of June 30, 2024 that no valuation allowance was required against the net deferred tax asset. In 2012, the Company completed a recapitalization program pursuant to which the Holding Company sold $ 22,500 in common stock, which improved the capital levels of CFBank and provided working capital for the Holding Company. The result of the change in stock ownership associated with the stock offering, however, was that the Company incurred an ownership change within the guidelines of Section 382 of the Internal Revenue Code of 1986. At June 30, 2024, the Company had net operating loss carryforwards of $ 21,927 , 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 ASC 740, 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. ASC 740 does not require a deferred tax liability to be recorded on this amount, which otherwise would have totaled $ 473 at June 30, 2024. 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 12.3 % and 16.4 %, respectively, for the three and six months ended June 30, 2024 and 20.0 % and 19.7 %, respectively, for the three and six months ended June 30, 2023, 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 six months ended June 30, 2024 and 2023: For the three months ended June 30, For the six months ended June 30, 2024 2023 2024 2023 (unaudited) (unaudited) Statutory tax rate 21.0 % 21.0 % 21.0 % 21.0 % Increase (decrease) resulting from: Restricted stock 0.1 % 0.3 % ( 0.3 %) 0.0 % Tax exempt earnings on bank owned life insurance ( 2.3 %) ( 0.6 %) ( 1.5 %) ( 0.6 %) Dividends on equity securities ( 0.6 %) ( 0.2 %) ( 0.4 %) ( 0.2 %) Low income housing tax credits ( 6.4 %) ( 0.5 %) ( 2.6 %) ( 0.5 %) Other, net 0.5 % 0.0 % 0.2 % 0.0 % Effective tax rate 12.3 % 20.0 % 16.4 % 19.7 %

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
Accumulated Other Comprehensive Loss	Jun. 30, 2024
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	NOTE 13- ACCUMULATED OTHER COMPREHENSIVE LOSS The following table summarizes the changes within each classification of accumulated other comprehensive loss, net of tax, for the three and six months ended June 30, 2024 and 2023 and summarizes the significant amounts reclassified out of each component of accumulated other comprehensive loss: Changes in Accumulated Other Comprehensive Loss by Component (1) Three months ended Six months ended June 30, June 30, 2024 2023 2024 2023 (unaudited) (unaudited) Unrealized Gains and (Losses) on Available-for-Sale Securities Unrealized Gains and (Losses) on Available-for-Sale Securities Accumulated other comprehensive loss, beginning of period $ ( 2,281 ) $ ( 2,253 ) $ ( 2,290 ) $ ( 2,037 ) Other comprehensive gain (loss) before reclassifications (2) 44 ( 148 ) 53 ( 364 ) Net current-period other comprehensive gain (loss) 44 ( 148 ) 53 ( 364 ) Accumulated other comprehensive loss, end of period $ ( 2,237 ) $ ( 2,401 ) $ ( 2,237 ) $ ( 2,401 ) (1) All amounts are net of tax. Amounts in parentheses indicate a reduction of other comprehensive income. (2) There were no am ounts reclassified out of other comprehensive income for the three and six months ended June 30, 2024 and 2023.

Preferred Stock

Preferred Stock	6 Months Ended
Preferred Stock	Jun. 30, 2024
Preferred Stock [Abstract]
Preferred Stock	NOTE 14- PREFERRED STOCK Series D Preferred Stock: On February 6, 2024, the Company issued 2,000 shares of its newly-designated series of non-voting convertible perpetual preferred stock, series D, par value $ 0.01 per share (the “Series D Preferred Stock”) to an existing stockholder of the Company in exchange for 200,000 shares of (Voting) Common Stock. On May 29, 2024, the Company issued 160 shares of Series D Preferred Stock to an existing stockholder of the Company in exchange for 16,000 shares of (Voting) Common Stock. Each share of Series D Preferred Stock will be convertible either (i) automatically into 100 shares of the Company’s Non-Voting Common Stock if and when the Company’s shareholders approve an amendment to the Company’s Certificate of Incorporation to increase the number of authorized shares of Non-Voting Common Stock to permit the conversion of all outstanding shares of Series D Preferred Stock into shares of Non-Voting Common Stock (which shareholder approval and amendment the Company may, but is not obligated, to seek); (ii) unless previously converted into shares of Non-Voting Common Stock, into 100 shares of (Voting) Common Stock at the request of the holder, provided that upon such conversion the holder, together with all affiliates of the holder, will not own or control in aggregate more than 9.9 % of the outstanding (Voting) Common Stock (or of any class of voting securities issued by the Company); or (iii) unless previously converted into shares of Non-Voting Common Stock, into 100 shares of (Voting) Common Stock upon transfer of such shares of Series D Preferred Stock to a non-affiliate of the holder in specified permitted transactions. The holders of Series D Preferred Stock are not entitled to any liquidation preferences. The holders of Series D Preferred Stock participate with common shareholders pro rata in dividends on an as-converted basis.

Other Assets Held For Sale

Other Assets Held For Sale	6 Months Ended
Other Assets Held For Sale	Jun. 30, 2024
Other Assets Held For Sale [Abstract]
Other Assets Held For Sale	NOTE 15- OTHER ASSETS HELD FOR SALE During the third quarter of 2022, the Company began marketing its Worthington, Ohio headquarters building for sale as it prepared to move its headquarters to Columbus, Ohio. On October 20, 2022, the Company entered into a contract to sell the building for $ 2,010 . As a result, impairment expense of $ 542 was recorded during September 2022 to adjust the building and land value to the offered price, less costs to sell and the associated assets were transferred to other assets held for sale on the Consolidated Balance Sheet. The sale of the building was completed in May 2023.

Tax Credit Investments

Tax Credit Investments	6 Months Ended
Tax Credit Investments	Jun. 30, 2024
Securities [Abstract]
Tax Credit Investments	NOTE 16- TAX CREDIT INVESTMENTS The Company has investments in various limited partnerships that sponsor affordable housing projects and federal historic projects. The purpose of the investments is to earn an adequate return of capital through the receipt of tax credits and to assist the Company in achieving goals associated with the Community Reinvestment Act. These investments are included in other assets on the Consolidated Balance Sheet, with any unfunded commitments included in other liabilities. The investments are amortized as a component of income tax expense. The following table summarizes the Company’s tax credit investments as of June 30, 2024 and December 31, 2023. June 30, 2024 December 31, 2023 Investment Type Investment Unfunded Commitment Investment Unfunded Commitment Low Income Housing Tax Credit (LIHTC) $ 20,872 $ 12,742 $ 15,578 $ 10,539 Historic Tax Credit (HTC) 2,025 1,573 2,025 1,573 Total $ 22,897 $ 14,315 $ 17,603 $ 12,112 The following table summarizes the amortization expense and tax credits recognized for the Company’s tax credit investments for the three and six months ended June 30, 2024 and 2023, respectively: Three Months Ended June 30, Six Months Ended June 30, Amortization expense 2024 2023 2024 2023 LIHTC $ 354 $ 130 $ 707 $ 260 Total $ 354 $ 130 $ 707 $ 260 Tax credits recognized: LIHTC $ 355 $ 130 $ 710 $ 260 Total $ 355 $ 130 $ 710 $ 260

Summary Of Significant Accoun_2

Summary Of Significant Accounting Policies (Policy)	6 Months Ended
Summary Of Significant Accounting Policies (Policy)	Jun. 30, 2024
Summary Of Significant Accounting Policies [Abstract]
Basis Of Presentation	Basis of Presentation : The consolidated financial statements consist of 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 in accordance with U.S. generally accepted accounting principles (“GAAP”) and the instructions for Form 10-Q and Article 10 of Regulation S-x promulgated by the Securities and Exchange Commission (the “SEC”). 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 Quarterly Report on Form 10-Q. The financial performance reported for the Company for the three and six months ended June 30, 2024 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 2023 Annual Report to Stockholders included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 (referred to herein as the “2023 Audited Financial Statements”). The Company has consistently followed those policies in preparing this Quarterly Report on 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 credit losses on loans and leases. 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 Credit Losses On Investment Securities Available For Sale	Allowance for credit losses on investment securities available for sale: For investment securities available for sale in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it will be required to sell, the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security's amortized cost basis is written down to fair value through income. For investment securities available for sale that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, the Company considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by a rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded, limited to the amount that the fair value is less than the amortized cost basis. Unrealized losses that have not been recorded through an allowance for credit losses are recognized in other comprehensive income. Adjustments to the allowance for credit losses are reported in the income statement as a component of the provision for credit loss. The Company has made the accounting policy election to exclude accrued interest receivable on investment securities available for sale from the estimate of credit losses. Investment securities available for sale are charged off against the allowance or, in the absence of any allowance, written down through the income statement when deemed uncollectible or when either of the aforementioned criteria regarding intent or requirement to sell is met. The Company did not record an allowance for credit losses on its investment securities available for sale as of June 30, 2024, as the unrealized losses were attributable to changes in interest rates, not credit quality.
Allowance For Credit Losses – Loans And Leases ("ACL - Loans")	Allowance for Credit Losses – Loans and Leases ("ACL - Loans"): The ACL - Loans is a valuation account that is deducted from the loans' amortized cost basis to present the net amount expected to be collected on loans over the contractual term. Loans and leases are collectively referred to as “loans” for the purpose of discussing the allowance for credit losses. Loans are charged off against the allowance when the uncollectibility of the loan is confirmed. Expected recoveries do not exceed the aggregate of amounts previously charged off and expected to be charged off. Adjustments to the ACL- Loans are reported in the income statement as a component of provision for credit loss. The Company has made the accounting policy election to exclude accrued interest receivable on loans from the estimate of credit losses. Further information regarding the policies and methodology used to estimate the ACL - Loans is detailed in Note 4 - Loans and Leases to the Consolidated Financial Statements.
Allowance For Credit Losses - Off-Balance Sheet Credit Exposures	Allowance for Credit Losses - Off-Balance Sheet Credit Exposures: The allowance for credit losses on off-balance sheet credit exposures is a liability account representing expected credit losses over the contractual period for which the Company is exposed to credit risk resulting from a contractual obligation to extend credit. No allowance is recognized if the Company has the unconditional right to cancel the obligation. Off-balance sheet credit exposures primarily consist of amounts available under outstanding lines of credit and letters of credit. For the period of exposure, the estimate of expected credit losses considers both the likelihood that funding will occur and the amount expected to be funded over the estimated remaining life of the commitment or other off-balance sheet exposure. The likelihood and expected amount of funding are based on historical utilization rates. The amount of the allowance represents management's best estimate of expected credit losses on commitments expected to be funded over the contractual life of the commitment. The allowance for off-balance sheet credit exposures is adjusted through the income statement as a component of provision for credit loss.
Joint Ventures	Joint Ventures: The Holding Company has contributed funds into a series of joint ventures 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.
Low Income Housing Tax Credits (LIHTC)	Low Income Housing Tax Credits (LIHTC): CFBank 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 LIHTC. 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.
Investment In Real Estate Entity	Investment in Real Estate Entity: CFBank made an equity investment as a non-managing member in the real estate entity that owns and operates the building that houses the Company’s headquarters. Upon applying Accounting Standards Codification (“ASC”) 810, the Company determined that CFBank is not the primary beneficiary of the real estate entity, a variable interest entity. Therefore, the real estate entity is not consolidated in the Company’s financial statements and is instead accounted for using the equity method of accounting. As a result, the investment of $ 1.2 million is shown in accrued interest receivable and other assets on the Consolidated Balance Sheets. The maximum exposure to loss related to this investment was $ 1.2 million at June 30, 2024.
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 (Series D Preferred Stock) according to dividends declared (or accumulated) and participation rights in undistributed earnings. There were 2,896 anti-dilutive securities during the three and six months ended June 30, 2024 and no anti-dilutive securities for the three and six months ended June 30, 2023. The factors used in the earnings per share computation follow: Three months ended Six months ended June 30, June 30, 2024 2023 2024 2023 (unaudited) (unaudited) Basic Net income $ 1,695 $ 4,223 $ 4,765 $ 8,671 Earnings allocated to participating securities ( 54 ) - ( 121 ) - Net income allocated to common shareholders $ 1,641 $ 4,223 $ 4,644 $ 8,671 Weighted average common shares outstanding including unvested share-based payment awards 6,374,547 6,550,815 6,396,609 6,543,422 Less: Unvested share-based payment awards-2019 Incentive Plan ( 118,090 ) ( 132,510 ) ( 103,431 ) ( 132,798 ) Average shares 6,256,457 6,418,305 6,293,178 6,410,624 Basic earnings per common share $ 0.26 $ 0.66 $ 0.74 $ 1.35 Diluted Net income allocated to common shareholders $ 1,641 $ 4,223 $ 4,644 $ 8,671 Add: Earnings allocated to participating securities - - - - Net income $ 1,641 $ 4,223 $ 4,644 $ 8,671 Weighted average common shares outstanding for basic earnings per common share 6,256,457 6,418,305 6,293,178 6,410,624 Add: Dilutive effects of assumed exercises of stock options - 3,663 - 5,207 Add: Dilutive effects of assumed preferred stock conversion - - - - Add: Dilutive effects of unvested share-based payment awards-2019 Plan - 11,655 13,700 15,677 Average shares and dilutive potential common shares 6,256,457 6,433,623 6,306,878 6,431,508 Diluted earnings per common share $ 0.26 $ 0.66 $ 0.74 $ 1.35
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.
Recent And Future Accounting Pronouncements And Developments	Recent and Future Accounting Pronouncements and Developments: In March 2020, the Financial Accounting Standards Board (the “FASB”) FASB issued ASU No. 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting”. The amendments in this update provide optional guidance for a limited period of time to ease the potential burden in accounting for (or recognizing the effects of) reference rate reform on financial reporting. They provide optional expedients and exceptions for applying generally accepted accounting principles to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The Company completed its transition from the use of LIBOR in 2023. The adoption of ASU No. 2020-04 did not have a material impact on our Consolidated Financial Statements. In March 2023, the FASB issued ASU No. 2023-02, “Investments - Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using Proportional Amortization Method”. This ASU is intended to improve the accounting and disclosures for investments in tax credit structures. It allows reporting entities to elect to adopt for qualifying tax equity investments using the proportional amortization method, regardless of the program giving rise to the related income tax credits. We adopted the standard, effective January 1, 2024. The adoption of ASU No. 2023-02 did not have a material impact on our Consolidated Financial Statements.
Future Accounting Matters	Future Accounting Matters: In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures." The amendments in this ASU apply to all public entities that are required to report segment information in accordance with FASB ASC Topic 280, Segment Reporting. The amendments in the ASU are intended to improve reportable segment disclosure requirements primarily through enhanced disclosures about significant segment expenses. The amendments require that a public entity disclose, on an annual and interim basis, significant segment expenses that are regularly provided to the chief operating decision maker ("CODM") and included within each reported measure of segment profit or loss. Public entities are required to disclose, on an annual and interim basis, an amount for other segment items by reportable segment and a description of its composition. In addition, public entities must provide all annual disclosures about a reportable segment's profit or loss and assets currently required by ASC Topic 280 in interim periods. The amendments clarify that if the CODM uses more than one measure of a segment’s profit or loss in assessing segment performance and deciding how to allocate resources, a public entity may report one or more of those additional measures of segment profit. However, at least one of the reported segment profit or loss measures (or the single reported measure, if only one is disclosed) should be the measure that is most consistent with the measurement principles used in measuring the corresponding amounts in the public entity's consolidated financial statements. The amendments require that a public entity disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. Finally, the amendments require that a public entity that has a single reportable segment provide all the disclosures required by the amendments in the ASU and all existing segment disclosures in ASC Topic 280. This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. A public entity should apply the amendments retrospectively to all prior periods presented in the financial statements. Upon transition, the segment expense categories and amounts disclosed in the prior periods should be based on the significant segment expense categories identified and disclosed in the period of adoption. The adoption of this ASU is not expected to have a material impact on the Company’s Consolidated Financial Statements and disclosures as the Company has one operating segment. In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures”. The FASB issued ASU 2023-09 to address investor requests for more transparency about income tax information through improvements to income tax disclosures primarily related to the rate reconciliation and income taxes paid information. ASU 2023-09 is to be applied on a prospective basis and is effective for annual periods beginning after December 15, 2024 with early adoption permitted. ASU 2023-09 will impact income tax disclosures, and the Company does not expect a material impact to the Company’s Consolidated Financial Statements.
General Litigation	General Litigation The Company is subject to claims and lawsuits that arise primarily in the ordinary course of business. In the opinion of management, the disposition or ultimate resolution of such claims and lawsuits is not anticipated to have a material adverse effect on the consolidated financial position, results of operations and cash flows of the Company.

Summary Of Significant Accoun_3

Summary Of Significant Accounting Policies (Tables)	6 Months Ended
Summary Of Significant Accounting Policies (Tables)	Jun. 30, 2024
Summary Of Significant Accounting Policies [Abstract]
Earnings Per Common Share	Three months ended Six months ended June 30, June 30, 2024 2023 2024 2023 (unaudited) (unaudited) Basic Net income $ 1,695 $ 4,223 $ 4,765 $ 8,671 Earnings allocated to participating securities ( 54 ) - ( 121 ) - Net income allocated to common shareholders $ 1,641 $ 4,223 $ 4,644 $ 8,671 Weighted average common shares outstanding including unvested share-based payment awards 6,374,547 6,550,815 6,396,609 6,543,422 Less: Unvested share-based payment awards-2019 Incentive Plan ( 118,090 ) ( 132,510 ) ( 103,431 ) ( 132,798 ) Average shares 6,256,457 6,418,305 6,293,178 6,410,624 Basic earnings per common share $ 0.26 $ 0.66 $ 0.74 $ 1.35 Diluted Net income allocated to common shareholders $ 1,641 $ 4,223 $ 4,644 $ 8,671 Add: Earnings allocated to participating securities - - - - Net income $ 1,641 $ 4,223 $ 4,644 $ 8,671 Weighted average common shares outstanding for basic earnings per common share 6,256,457 6,418,305 6,293,178 6,410,624 Add: Dilutive effects of assumed exercises of stock options - 3,663 - 5,207 Add: Dilutive effects of assumed preferred stock conversion - - - - Add: Dilutive effects of unvested share-based payment awards-2019 Plan - 11,655 13,700 15,677 Average shares and dilutive potential common shares 6,256,457 6,433,623 6,306,878 6,431,508 Diluted earnings per common share $ 0.26 $ 0.66 $ 0.74 $ 1.35

Securities (Tables)

Securities (Tables)	6 Months Ended
Securities (Tables)	Jun. 30, 2024
Securities [Abstract]
Amortized Cost And Fair Value Of Available-For-Sale Securities Portfolio	Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value June 30, 2024 (unaudited) Corporate debt $ 9,982 $ - $ 2,832 $ 7,150 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury (1) 1,173 - - 1,173 Total $ 11,155 $ - $ 2,832 $ 8,323 (1) Unrealized gain is less than $ 1 resulting in rounding to zero. Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value December 31, 2023 Corporate debt $ 9,980 $ - $ 2,880 $ 7,100 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 1,007 - 19 988 Mortgage-backed securities - residential (1) 4 - - 4 Total $ 10,991 $ - $ 2,899 $ 8,092 (1) Unrealized loss is less than $ 1 resulting in rounding to zero.
Securities Classified By Maturity Date	June 30, 2024 December 31, 2023 (unaudited) Amortized Cost Fair Value Amortized Cost Fair Value Due in one year or less $ 1,173 $ 1,173 $ 1,007 $ 988 Due from five to ten years 9,982 7,150 9,980 7,100 Mortgage-backed securities - residential - - 4 4 Total $ 11,155 $ 8,323 $ 10,991 $ 8,092
Fair Value Of Securities Pledged	June 30, 2024 December 31, 2023 (unaudited) Pledged as collateral for: FHLB advances $ - $ 497 Public deposits 635 492 Total $ 635 $ 989
Securities With Unrealized Losses	June 30, 2024 (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 Corporate debt $ - $ - $ 7,150 $ 2,832 $ 7,150 $ 2,832 Total temporarily impaired $ - $ - $ 7,150 $ 2,832 $ 7,150 $ 2,832 December 31, 2023 Less than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Corporate debt $ - $ - $ 7,100 $ 2,880 $ 7,100 $ 2,880 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury - - $ 988 19 988 19 Mortgage-backed securities - residential (1) 1 - 3 - 4 - Total temporarily impaired $ 1 $ - $ 8,091 $ 2,899 $ 8,092 $ 2,899 (1) Unrealized loss is less than $ 1 resulting in rounding to zero.

Loans And Leases (Tables)

Loans And Leases (Tables)	6 Months Ended
Loans And Leases (Tables)	Jun. 30, 2024
Loans And Leases [Abstract]
Recorded Investment In Loans By Portfolio Segment	June 30, 2024 December 31, 2023 (unaudited) Commercial (1) $ 422,011 $ 439,895 Real estate: Single-family residential 467,802 478,224 Multi-family residential 128,332 130,778 Commercial 459,860 433,026 Construction 184,899 190,722 Consumer: Home equity lines of credit 40,884 35,960 Other 3,192 2,393 Subtotal 1,706,980 1,710,998 Less: ACL – Loans ( 19,285 ) ( 16,865 ) Loans and leases, net $ 1,687,695 $ 1,694,133 (1) Includes $ 10,423 and $ 13,497 of commercial leases at June 30, 2024 and December 31, 2023, respectively.
Activity In ALLL By Portfolio Segment	Three Months Ended June 30, 2024 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home equity lines of credit Other Total Allowance for credit losses Balances, April 1, 2024 $ 7,518 $ 3,331 $ 1,147 $ 4,298 $ 1,279 $ 335 $ 290 $ 18,198 Provision of credit losses 3,105 ( 32 ) ( 132 ) ( 10 ) ( 43 ) 46 261 3,195 Recoveries on loans 6 7 - - - 2 - 15 Loans charged off ( 1,873 ) - - - - - ( 250 ) ( 2,123 ) Balances, June 30, 2024 $ 8,756 $ 3,306 $ 1,015 $ 4,288 $ 1,236 $ 383 $ 301 $ 19,285 Six Months Ended June 30, 2024 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home equity lines of credit Other Total Allowance for credit losses Balances, January 1, 2024 $ 5,884 $ 3,371 $ 1,231 $ 4,105 $ 1,707 $ 334 $ 233 $ 16,865 Provision of credit losses 4,733 ( 80 ) ( 216 ) 183 ( 471 ) 45 318 4,512 Recoveries on loans 12 15 - - - 4 - 31 Loans charged off ( 1,873 ) - - - - - ( 250 ) ( 2,123 ) Balances, June 30, 2024 $ 8,756 $ 3,306 $ 1,015 $ 4,288 $ 1,236 $ 383 $ 301 $ 19,285 Three Months Ended June 30, 2023 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home equity lines of credit Other Total Allowance for credit losses Balances, April 1, 2023 $ 5,438 $ 3,194 $ 1,045 $ 4,123 $ 1,679 $ 331 $ 105 $ 15,915 Provision of credit losses ( 184 ) ( 112 ) ( 96 ) ( 44 ) 422 ( 9 ) ( 40 ) ( 63 ) Recoveries on loans 85 19 - - - 1 3 108 Balances, June. 30, 2023 $ 5,339 $ 3,101 $ 949 $ 4,079 $ 2,101 $ 323 $ 68 $ 15,960 Six Months Ended June 30, 2023 (unaudited) Real Estate Consumer Commercial Single-family Multi-family Commercial Construction Home equity lines of credit Other Total Allowance for credit losses Balances, December 31, 2022 $ 4,764 $ 3,914 $ 997 $ 3,384 $ 2,644 $ 333 $ 26 $ 16,062 Impact of adoption of ASC 326 877 ( 958 ) 66 726 ( 1,019 ) ( 129 ) 28 ( 409 ) Balances, January 1, 2023 Post-ASC 326 adoption 5,641 2,956 1,063 4,110 1,625 204 54 15,653 Provision of credit losses ( 382 ) 123 ( 114 ) ( 31 ) 476 118 14 204 Recoveries on loans 85 22 - - - 1 3 111 Loans charged off ( 5 ) - - - - - ( 3 ) ( 8 ) Balances, June 30, 2023 $ 5,339 $ 3,101 $ 949 $ 4,079 $ 2,101 $ 323 $ 68 $ 15,960
Schedule Of Collateral-Dependent Loans By Loan Segment	June 30, 2024 (unaudited) Residential Real Estate Other Total Allowance on Collateral Dependent Loans Commercial $ - $ 1,760 $ 1,760 $ 511 Real estate: Single-family residential 88 - 88 - Total $ 88 $ 1,760 $ 1,848 $ 511 December 31, 2023 Residential Real Estate Other Total Allowance on Collateral Dependent Loans Commercial $ - $ 449 $ 449 $ 44 Real estate: Single-family residential 90 - 90 - Total $ 90 $ 449 $ 539 $ 44
Recorded Investment In Nonaccrual and Nonperforming Loans By Class Of Loans	The following table presents the recorded investment in non-accrual loans by class of loans at June 30, 2024 (unaudited): Non-Accrual Loans Non-Accrual loans with no Allowance for Credit Losses Commercial $ 9,328 $ 233 Real estate: Single-family residential 1,537 1,537 Consumer: Home equity lines of credit: 14 14 Other consumer 30 30 Total nonaccrual loans $ 10,909 $ 1,814 The following table presents the recorded investment in non-accrual loans by class of loans at December 31, 2023. Non-Accrual Loans Non-Accrual loans with no Allowance for Credit Losses Commercial $ 5,048 $ 1,658 Real estate: Single-family residential 627 627 Consumer: Home equity lines of credit: 17 17 Other consumer 30 30 Total nonaccrual loans $ 5,722 $ 2,332
Aging Of Recorded Investment In Past Due Loans By Class Of Loans	The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of June 30, 2024 (unaudited): 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or more Past Due Total Past Due Loans Not Past Due Nonaccrual Loans Not 90 days or more Past Due Commercial $ 53 $ 4,095 $ 1,931 $ 6,079 $ 415,932 $ 7,397 Real estate: Single-family residential - 547 936 1,483 466,319 601 Multi-family residential - - - - 128,332 - Commercial: Non-owner occupied - - - - 239,862 - Owner occupied - - - - 202,951 - Land - - - - 17,047 - Construction - - - - 184,899 - Consumer: Home equity lines of credit: 28 - - 28 40,856 14 Other - - 30 30 3,162 - Total $ 81 $ 4,642 $ 2,897 $ 7,620 $ 1,699,360 $ 8,012 The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2023: 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or more Past Due Total Past Due Loans Not Past Due Nonaccrual Loans Not 90 days or more Past Due Commercial $ 98 $ - $ 622 $ 720 $ 439,175 $ 4,426 Real estate: Single-family residential 165 372 563 1,100 477,124 64 Multi-family residential - - - - 130,778 - Commercial: Non-owner occupied - - - - 228,548 - Owner occupied - - - - 183,773 - Land - - - - 20,705 - Construction - - - - 190,722 - Consumer: Home equity lines of credit: Originated for portfolio 97 - 17 114 35,846 - Purchased for portfolio - - - - - - Other - - 30 30 2,363 - Total $ 360 $ 372 $ 1,232 $ 1,964 $ 1,709,034 $ 4,490
Recorded Investment In Loans By Risk Category And Class Of Loans	The following table summarizes the risk grading of the Company’s loan portfolio by loan class and by year of origination for the years indicated as of June 30, 2024. Consumer and Single-family residential loans are not risk graded. For purposes of this disclosure, those loans are classified in the following manner: loans that are 89 days or less past due and accruing are “performing” loans and loans greater than 89 days past due or in nonaccrual are “nonperforming” loans. Term Loans (amortized cost basis by origination year) (unaudited) 2024 2023 2022 2021 2020 Prior Revolving loans amortized cost basis Revolving loans converted to term Total Commercial Pass $ 14,708 $ 31,749 $ 76,526 $ 87,176 $ 44,153 $ 11,859 $ 136,588 $ 3,944 $ 406,703 Special Mention - - 7,000 - - 81 - - 7,081 Substandard - - 485 7,692 - - 50 - 8,227 Total Commercial 14,708 31,749 84,011 94,868 44,153 11,940 136,638 3,944 422,011 Current period gross charge-offs - - 1,755 118 - - - - 1,873 Real estate loans: Single-family residential Payment performance Performing 12,372 35,622 126,041 223,580 44,062 24,588 - - 466,265 Nonperforming - 547 372 - - 618 - - 1,537 Total Single-family residential loans 12,372 36,169 126,413 223,580 44,062 25,206 - - 467,802 Multi-family residential Pass - 24,822 8,724 52,081 7,249 35,456 - - 128,332 Total Multi-family residential loans - 24,822 8,724 52,081 7,249 35,456 - - 128,332 Commercial: Non-owner occupied Pass 10,189 52,955 33,731 68,558 14,486 59,438 - - 239,357 Special Mention - - - - - 505 - - 505 Total Non-owner occupied loans 10,189 52,955 33,731 68,558 14,486 59,943 - - 239,862 Owner occupied Pass 5,408 23,518 69,781 48,651 19,365 35,549 - - 202,272 Special Mention - - - - - 679 - - 679 Total Owner occupied loans 5,408 23,518 69,781 48,651 19,365 36,228 - - 202,951 Land Pass 5,895 4,792 401 5,456 - 503 - - 17,047 Total Land loans 5,895 4,792 401 5,456 - 503 - - 17,047 Construction Pass 10,196 42,810 69,360 58,903 3,630 - - - 184,899 Total Construction loans 10,196 42,810 69,360 58,903 3,630 - - - 184,899 Total Real Estate loans 44,060 185,066 308,410 457,229 88,792 157,336 - - 1,240,893 Consumer: Home equity lines of credit: Payment performance Performing - - - - - - 37,218 3,652 40,870 Nonperforming - - - - - - - 14 14 Total Home equity lines of credit - - - - - - 37,218 3,666 40,884 Other Payment performance - Performing 497 - - - 9 187 2,469 - 3,162 Nonperforming - - - - - - 30 - 30 Total Other consumer loans 497 - - - 9 187 2,499 - 3,192 Current period gross charge-offs - - - - - - 250 - 250 Total loans $ 59,265 $ 216,815 $ 392,421 $ 552,097 $ 132,954 $ 169,463 $ 176,355 $ 7,610 $ 1,706,980 Total current period gross charge-offs $ - $ - $ 1,755 $ 118 $ - $ - $ 250 $ - $ 2,123 The following table summarizes the risk grading of the Company’s loan portfolio by loan class and by year of origination for the years indicated as of December 31, 2023. Consumer and Single-family residential loans are not risk graded. For purposes of this disclosure, those loans are classified in the following manner: loans that are 89 days or less past due and accruing are “performing” loans and loans greater than 89 days past due or in nonaccrual are “nonperforming” loans. Term Loans (amortized cost basis by origination year) 2023 2022 2021 2020 2019 Prior Revolving loans amortized cost basis Revolving loans converted to term Total Commercial Pass $ 32,965 $ 86,433 $ 90,297 $ 45,670 $ 3,189 $ 9,888 $ 159,065 $ 1,078 $ 428,585 Special Mention - - 2,807 - 84 - - - 2,891 Substandard - 384 7,537 - - - 50 - 7,971 Doubtful - 448 - - - - - - 448 Total Commercial 32,965 87,265 100,641 45,670 3,273 9,888 159,115 1,078 439,895 Current period gross charge-offs - 564 211 - - - - - 775 Real estate loans: Single-family residential Payment performance Performing 42,655 131,416 231,379 45,785 9,584 16,778 - - 477,597 Nonperforming - - - - - 627 - - 627 Total Single-family residential loans 42,655 131,416 231,379 45,785 9,584 17,405 - - 478,224 Multi-family residential Pass 24,839 8,776 53,815 7,311 15,772 20,265 - - 130,778 Total Multi-family residential loans 24,839 8,776 53,815 7,311 15,772 20,265 - - 130,778 Commercial: Non-owner occupied Pass 57,092 27,068 61,990 15,085 20,101 45,725 982 - 228,043 Special Mention - - - - 505 - - - 505 Total Non-owner occupied loans 57,092 27,068 61,990 15,085 20,606 45,725 982 - 228,548 Owner occupied Pass 20,353 55,169 50,210 19,775 18,751 18,768 68 - 183,094 Special Mention - - - - 679 - - - 679 Total Owner occupied loans 20,353 55,169 50,210 19,775 19,430 18,768 68 - 183,773 Land Pass 7,932 6,037 6,177 - 149 410 - - 20,705 Total Land loans 7,932 6,037 6,177 - 149 410 - - 20,705 Construction Pass 31,739 78,602 61,435 4,174 - - 14,772 - 190,722 Total Construction loans 31,739 78,602 61,435 4,174 - - 14,772 - 190,722 Total Real Estate loans 184,610 307,068 465,006 92,130 65,541 102,573 15,822 - 1,232,750 Consumer: Home equity lines of credit: Payment performance Performing - - - - - - 33,510 2,433 35,943 Nonperforming - - - - - - - 17 17 Total Home equity lines of credit - - - - - - 33,510 2,450 35,960 Other Payment performance Performing - - - 12 - 216 2,135 - 2,363 Nonperforming - - - - - - - 30 30 Total Other consumer loans - - - 12 - 216 2,135 30 2,393 Current period gross charge-offs - - - - - 3 - - 3 Total loans $ 217,575 $ 394,333 $ 565,647 $ 137,812 $ 68,814 $ 112,677 $ 210,582 $ 3,558 $ 1,710,998 Total current period gross charge-offs $ - $ 564 $ 211 $ - $ - $ 3 $ - $ - $ 778
Components Of Net Investment In Direct Financing Leases	June 30, 2024 December 31, 2023 (unaudited) Total minimum lease payments to be received $ 10,976 $ 14,343 Less: Unearned income ( 564 ) ( 863 ) Plus: Indirect initial costs 11 17 Net investment in direct financing leases $ 10,423 $ 13,497
Summary Of Future Minimum Lease Payments Receivable	2024, excluding the six months ended June 30, 2024 $ 2,827 2025 4,899 2026 2,657 2027 543 2028 50 Thereafter - Total future minimum payments $ 10,976

Leases (Tables)

Leases (Tables)	6 Months Ended
Leases (Tables)	Jun. 30, 2024
Leases [Abstract]
Future Minimum Operating Lease Payments	2024, excluding the six months ended June 30, 2024 $ 495 2025 820 2026 737 2027 687 2028 700 Thereafter 3,407 Total future minimum rental commitments 6,846 Less - amounts representing interest ( 1,897 ) Total operating lease liabilities $ 4,949

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
Fair Value (Tables)	Jun. 30, 2024
Fair Value [Abstract]
Assets And Liabilities Measured At Fair Value On A Recurring Basis, Including Financial Assets And Liabilities	Fair Value Measurements at June 30, 2024 using Significant Other Observable Inputs (Level 2) (unaudited) Financial Assets: Securities available for sale: Corporate debt $ 7,150 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 1,173 Total securities available for sale $ 8,323 Loans held for sale $ 3,187 Derivative assets $ 3,983 Financial Liabilities: Derivative liabilities $ 3,983 Fair Value Measurements at December 31, 2023 using Significant Other Observable Inputs (Level 2) Financial Assets: Securities available for sale: Corporate debt $ 7,100 Issued by U.S. government-sponsored entities and agencies: U.S. Treasury 988 Mortgage-backed securities - residential 4 Total securities available for sale $ 8,092 Loans held for sale $ 1,849 Derivative assets $ 4,710 Financial Liabilities: Derivative liabilities $ 4,710
Assets Measured At Fair Value On A Non-Recurring Basis	Fair Value Measurements at June 30, 2024 Using Significant Unobservable Inputs (Level 3) (unaudited) Collateral dependent impaired loans: Commercial $ 124 Total collateral dependent impaired loans $ 124 Assets and liabilities measured at fair value on a non-recurring basis at December 31, 2023 are summarized below: Fair Value Measurements at December 31, 2023 Using Significant Unobservable Inputs (Level 3) Collateral dependent impaired loans: Commercial $ 403 Total collateral dependent impaired loans $ 403
Financial Instruments Measured At Fair Value On A Non-Recurring Basis	Fair Value Valuation Technique(s) Unobservable Inputs Weighted Average Collateral dependent impaired loans: Commercial $ 124 Comparable sales approach Adjustment for differences between the stated value and net realizable value 10.00 % 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, 2023: Fair Value Valuation Technique(s) Unobservable Inputs Weighted Average Collateral dependent impaired loans: Commercial $ 403 Comparable sales approach Adjustment for differences between the stated value and net realizable value 10.43 %
Aggregate Fair Value, Contractual Balance And Gain Or Loss	June 30, 2024 December 31, 2023 (unaudited) Aggregate fair value $ 3,187 $ 1,849 Contractual balance 3,187 1,849 Gain (loss) $ - $ -
Total Amount Of Gains And Losses From Changes In Fair Value Included In Earnings	Three months ended June 30, Six months ended June 30, 2024 2023 2024 2023 (unaudited) (unaudited) Interest income $ 31 $ 10 $ 59 $ 13 Interest expense - - - - Change in fair value - - - - Total change in fair value $ 31 $ 10 $ 59 $ 13
Carrying Amounts And Estimated Fair Values Of Financial Instruments	The carrying amounts and estimated fair values of financial instruments at June 30, 2024 were as follows: Fair Value Measurements at June 30, 2024 Using: Carrying (unaudited) Value Level 1 Level 2 Level 3 Total Financial Assets Cash and cash equivalents $ 241,775 $ 241,775 $ - $ - $ 241,775 Interest-bearing deposits in other financial institutions 100 100 - - 100 Securities available for sale 8,323 - 8,323 - 8,323 Equity securities 5,000 - 5,000 - 5,000 Loans held for sale 3,187 - 3,187 - 3,187 Loans and leases, net 1,687,695 - - 1,651,370 1,651,370 FHLB and FRB stock 9,830 n/a n/a n/a n/a Accrued interest receivable 9,559 140 137 9,282 9,559 Derivative assets 3,983 - 3,983 - 3,983 Financial Liabilities Deposits $ ( 1,696,476 ) $ ( 1,018,376 ) $ ( 675,034 ) $ - $ ( 1,693,410 ) FHLB advances and other borrowings ( 137,163 ) - ( 135,389 ) - ( 135,389 ) Advances by borrowers for taxes and insurance ( 154 ) - - ( 154 ) ( 154 ) Subordinated debentures ( 14,980 ) - ( 17,165 ) - ( 17,165 ) Accrued interest payable ( 3,058 ) - ( 3,058 ) - ( 3,058 ) Derivative liabilities ( 3,983 ) - ( 3,983 ) - ( 3,983 ) The carrying amounts and estimated fair values of financial instruments at December 31, 2023 were as follows: Fair Value Measurements at December 31, 2023 Using: Carrying Value Level 1 Level 2 Level 3 Total Financial Assets Cash and cash equivalents $ 261,595 $ 261,595 $ - $ - $ 261,595 Interest-bearing deposits in other financial institutions 100 100 - - 100 Securities available for sale 8,092 - 8,092 - 8,092 Equity securities 5,000 - 5,000 - 5,000 Loans held for sale 1,849 - 1,849 - 1,849 Loans and leases, net 1,694,133 - - 1,670,885 1,670,885 FHLB and FRB stock 8,482 n/a n/a n/a n/a Accrued interest receivable 9,210 171 125 8,914 9,210 Derivative assets 4,710 - 4,710 - 4,710 Financial Liabilities Deposits $ ( 1,744,057 ) $ ( 1,080,605 ) $ ( 659,492 ) $ - $ ( 1,740,097 ) FHLB advances and other borrowings ( 109,995 ) - ( 108,294 ) - ( 108,294 ) Advances by borrowers for taxes and insurance ( 2,179 ) - - ( 2,179 ) ( 2,179 ) Subordinated debentures ( 14,961 ) - ( 17,345 ) - ( 17,345 ) Accrued interest payable ( 2,680 ) - ( 2,680 ) - ( 2,680 ) Derivative liabilities ( 4,710 ) - ( 4,710 ) - ( 4,710 )

FHLB Advances And Other Debt (T

FHLB Advances And Other Debt (Tables)	6 Months Ended
FHLB Advances And Other Debt (Tables)	Jun. 30, 2024
FHLB Advances And Other Debt [Abstract]
Schedule Of FHLB Advances And Other Debt	Weighted Average Rate June 30, 2024 December 31, 2023 (unaudited) FHLB variable Rate Advances Maturities less than 30 days 5.40 % $ 26,000 $ - FHLB fixed rate advances: Maturities: 2024 1.46 % $ 18,500 $ 18,500 2026 1.45 % 16,000 16,000 2027 3.88 % 12,500 12,500 2028 1.69 % 17,000 17,000 2029 3.94 % 12,500 12,500 Total FHLB fixed rate advances $ 76,500 $ 76,500 Variable rate other debt: Holding Company credit facility 3.85 % 34,663 33,495 Total $ 137,163 $ 109,995
Schedule of Maturities of Long-Term Debt	2024, excluding the six months ended June 30, 2024 $ - 2025 1,750 2026 1,750 2027 2,625 2028 2,625 Thereafter 26,250 Less - unamortized debt issuance costs ( 337 ) $ 34,663

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
Stock-Based Compensation (Tables)	Jun. 30, 2024
Stock-Based Compensation [Abstract]
Summary Of Changes In Company's Nonvested Restricted Shares	Nonvested Shares Shares Weighted Average Grant-Date Fair Value Nonvested at January 1, 2024 119,026 $ 19.99 Granted 74,818 19.16 Vested ( 58,792 ) 19.55 Forfeited ( 328 ) 21.37 Nonvested at June 30, 2024 134,724 $ 19.72

Regulatory Capital Matters (Tab

Regulatory Capital Matters (Tables)	6 Months Ended
Regulatory Capital Matters (Tables)	Jun. 30, 2024
Regulatory Capital Matters [Abstract]
Actual And Required Capital Amounts And Ratios Of CFBank	Actual Minimum Capital Required-Basel III To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount Ratio Amount Ratio Amount Ratio June 30, 2024 Total Capital to risk weighted assets $ 222,036 13.48 % $ 172,933 10.50 % $ 164,698 10.00 % Tier 1 (Core) Capital to risk weighted assets 201,445 12.23 % 139,994 8.50 % 131,759 8.00 % Common equity tier 1 capital to risk-weighted assets 201,445 12.23 % 115,289 7.00 % 107,054 6.50 % Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 201,445 10.11 % 79,669 4.00 % 99,586 5.00 % Actual Minimum Capital Required-Basel III To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount Ratio Amount Ratio Amount Ratio December 31, 2023 Total Capital to risk weighted assets $ 215,164 13.30 % $ 169,909 10.50 % $ 161,818 10.00 % Tier 1 (Core) Capital to risk weighted assets 196,977 12.17 % 137,546 8.50 % 129,455 8.00 % Common equity tier 1 capital to risk-weighted assets 196,977 12.17 % 113,273 7.00 % 105,182 6.50 % Tier 1 (Core) Capital to adjusted total assets (Leverage ratio) 196,977 9.76 % 80,727 4.00 % 100,908 5.00 %

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
Derivative Instruments (Tables)	Jun. 30, 2024
Derivative Instruments [Abstract]
Summary Of Derivative Instruments	June 30, 2024 December 31, 2023 (unaudited) Notional amount $ 80,817 $ 81,858 Weighted average pay rate on interest-rate swaps 5.37 % 5.36 % Weighted average receive rate on interest-rate swaps 7.79 % 7.81 % Weighted average maturity (years) 7.8 8.2 Fair value of derivative asset $ 3,983 $ 4,710 Fair value of derivative liability ( 3,983 ) ( 4,710 )
Schedule Of Mortgage Banking Derivatives	June 30, 2024 December 31, 2023 (unaudited) Notional Amount Fair Value Notional Amount Fair Value Assets (Liabilities): Interest rate commitments $ 7,910 $ - $ 5,345 $ -
Schedule Of Notional Amount Of Loans Sold	Three Months ended Six Months ended June 30, June 30, 2024 2023 2024 2023 Notional amount of loans sold $ 10,837 $ 3,171 $ 19,874 $ 5,162
Schedule Of Gain (Loss) Recognized On Mortgage Activities	Three Months ended Six Months ended June 30, June 30, 2024 2023 2024 2023 Gain on loans sold 87 40 177 37 Gain (loss) from change in fair value of loans held-for-sale - - - - $ 87 $ 40 $ 177 $ 37

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
Income Taxes (Tables)	Jun. 30, 2024
Income Taxes [Abstract]
Effective Tax Rates Differ From Federal Statutory Rate	For the three months ended June 30, For the six months ended June 30, 2024 2023 2024 2023 (unaudited) (unaudited) Statutory tax rate 21.0 % 21.0 % 21.0 % 21.0 % Increase (decrease) resulting from: Restricted stock 0.1 % 0.3 % ( 0.3 %) 0.0 % Tax exempt earnings on bank owned life insurance ( 2.3 %) ( 0.6 %) ( 1.5 %) ( 0.6 %) Dividends on equity securities ( 0.6 %) ( 0.2 %) ( 0.4 %) ( 0.2 %) Low income housing tax credits ( 6.4 %) ( 0.5 %) ( 2.6 %) ( 0.5 %) Other, net 0.5 % 0.0 % 0.2 % 0.0 % Effective tax rate 12.3 % 20.0 % 16.4 % 19.7 %

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
Accumulated Other Comprehensive Loss (Tables)	Jun. 30, 2024
Accumulated Other Comprehensive Loss [Abstract]
Schedule Of Changes In Accumulated Other Comprehensive Loss	Changes in Accumulated Other Comprehensive Loss by Component (1) Three months ended Six months ended June 30, June 30, 2024 2023 2024 2023 (unaudited) (unaudited) Unrealized Gains and (Losses) on Available-for-Sale Securities Unrealized Gains and (Losses) on Available-for-Sale Securities Accumulated other comprehensive loss, beginning of period $ ( 2,281 ) $ ( 2,253 ) $ ( 2,290 ) $ ( 2,037 ) Other comprehensive gain (loss) before reclassifications (2) 44 ( 148 ) 53 ( 364 ) Net current-period other comprehensive gain (loss) 44 ( 148 ) 53 ( 364 ) Accumulated other comprehensive loss, end of period $ ( 2,237 ) $ ( 2,401 ) $ ( 2,237 ) $ ( 2,401 ) (1) All amounts are net of tax. Amounts in parentheses indicate a reduction of other comprehensive income. (2) There were no am ounts reclassified out of other comprehensive income for the three and six months ended June 30, 2024 and 2023.

Tax Credit Investments (Tables)

Tax Credit Investments (Tables)	6 Months Ended
Tax Credit Investments (Tables)	Jun. 30, 2024
Securities [Abstract]
Summary Of Affordable Housing Investments	The following table summarizes the Company’s tax credit investments as of June 30, 2024 and December 31, 2023. June 30, 2024 December 31, 2023 Investment Type Investment Unfunded Commitment Investment Unfunded Commitment Low Income Housing Tax Credit (LIHTC) $ 20,872 $ 12,742 $ 15,578 $ 10,539 Historic Tax Credit (HTC) 2,025 1,573 2,025 1,573 Total $ 22,897 $ 14,315 $ 17,603 $ 12,112 The following table summarizes the amortization expense and tax credits recognized for the Company’s tax credit investments for the three and six months ended June 30, 2024 and 2023, respectively: Three Months Ended June 30, Six Months Ended June 30, Amortization expense 2024 2023 2024 2023 LIHTC $ 354 $ 130 $ 707 $ 260 Total $ 354 $ 130 $ 707 $ 260 Tax credits recognized: LIHTC $ 355 $ 130 $ 710 $ 260 Total $ 355 $ 130 $ 710 $ 260

Summary Of Significant Accoun_4

Summary Of Significant Accounting Policies (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024	Dec. 31, 2023
Summary Of Significant Accounting Policies [Abstract]
Maximum exposure to loss related to investment	$ 1,200	$ 1,200
Investments	$ 1,200	$ 1,200
Anti-dilutive securities	2,896	2,896
Interest-bearing deposits in other financial institutions	$ 100	$ 100	$ 100

Summary Of Significant Accoun_5

Summary Of Significant Accounting Policies (Earnings Per Common Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Basic
Net income	$ 1,695	$ 4,223	$ 4,765	$ 8,671
Earnings allocated to participating securities	(54)		(121)
Net income attributable to common stockholders	$ 1,641	$ 4,223	$ 4,644	$ 8,671
Weighted average common shares outstanding including unvested share-based payment awards	6,374,547	6,550,815	6,396,609	6,543,422
Less: Unvested share-based payment awards-2019 Incentive Plan	(118,090)	(132,510)	(103,431)	(132,798)
Average shares	6,256,457	6,418,305	6,293,178	6,410,624
Basic earnings per common share	$ 0.26	$ 0.66	$ 0.74	$ 1.35
Diluted
Net income allocated to common shareholders	$ 1,641	$ 4,223	$ 4,644	$ 8,671
Net income	$ 1,641	$ 4,223	$ 4,644	$ 8,671
Weighted average common shares outstanding for basic earnings per common share	6,256,457	6,418,305	6,293,178	6,410,624
Add: Dilutive effects of assumed exercises of stock options		3,663		5,207
Add: Dilutive effects of unvested share-based payment awards-2019 Plan		11,655	13,700	15,677
Average shares and dilutive potential common shares	6,256,457	6,433,623	6,306,878	6,431,508
Diluted earnings per common share	$ 0.26	$ 0.66	$ 0.74	$ 1.35

Securities (Narrative) (Details

Securities (Narrative) (Details)	3 Months Ended		6 Months Ended		12 Months Ended
Securities (Narrative) (Details)	Jun. 30, 2024 USD ($) security	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($) security	Jun. 30, 2023 USD ($)	Dec. 31, 2023 security
Schedule of Available-for-sale Securities [Line Items]
Available-for-sale securities impairment recognized in accumulated other comprehensive income (loss) \| $			$ 0	$ 0
Sales of securities \| $	$ 0	$ 0	$ 0	$ 0
Holdings of securities greater than 10% of stockholders' equity	0		0		0
Minimum percentage of securities held	10%		10%		10%
Percentage of available for sale securities reported at less than historical cost	85.90%		85.90%		100%
Corporate Debt [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities			1		1
Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities					1
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities					2

Securities (Amortized Cost And

Securities (Amortized Cost And Fair Value Of Available-For-Sale Securities Portfolio) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 11,155	$ 10,991
Gross Unrealized Losses	2,832	2,899
Fair Value	8,323	8,092
Corporate Debt [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	9,982	9,980
Gross Unrealized Losses	2,832	2,880
Fair Value	7,150	7,100
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	1,173	1,007
Gross Unrealized Losses		19
Fair Value	1,173	988
Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		4
Gross Unrealized Losses
Fair Value		4
Maximum [Member] \| U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Gains	$ 1
Maximum [Member] \| Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross Unrealized Losses		$ 1

Securities (Securities Classifi

Securities (Securities Classified By Maturity Date) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Schedule Of Available For Sale Securities [Line Items]
Due in one year or less, Amortized Cost	$ 1,173	$ 1,007
Due from five to ten years, Amortized Cost	9,982	9,980
Amortized Cost	11,155	10,991
Due in one year or less, Fair Value	1,173	988
Due from five to ten years, Fair Value	7,150	7,100
Fair Value	$ 8,323	8,092
Mortgage-Backed Securities - Residential [Member]
Schedule Of Available For Sale Securities [Line Items]
No single maturity, Amortized Cost		4
Amortized Cost		4
No single maturity, Fair Value		4
Fair Value		$ 4

Securities (Fair Value Of Secur

Securities (Fair Value Of Securities Pledged) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financial Instruments Owned and Pledged as Collateral [Line Items]
Security Owned and Pledged as Collateral, Associated Liabilities, Fair Value	$ 635	$ 989
Federal Home Loan Bank Advances [Member]
Financial Instruments Owned and Pledged as Collateral [Line Items]
Security Owned and Pledged as Collateral, Associated Liabilities, Fair Value		497
Deposits [Member]
Financial Instruments Owned and Pledged as Collateral [Line Items]
Security Owned and Pledged as Collateral, Associated Liabilities, Fair Value	$ 635	$ 492

Securities (Securities With Unr

Securities (Securities With Unrealized Losses) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value		$ 1
12 Months or More, Fair Value	$ 7,150	8,091
12 Months or More, Unrealized Loss	2,832	2,899
Total, Fair Value	7,150	8,092
Total, Unrealized Loss	2,832	2,899
Corporate Debt [Member]
Schedule of Available-for-sale Securities [Line Items]
12 Months or More, Fair Value	7,150	7,100
12 Months or More, Unrealized Loss	2,832	2,880
Total, Fair Value	7,150	7,100
Total, Unrealized Loss	$ 2,832	2,880
U.S. Treasury [Member]
Schedule of Available-for-sale Securities [Line Items]
12 Months or More, Fair Value		988
12 Months or More, Unrealized Loss		19
Total, Fair Value		988
Total, Unrealized Loss		19
Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Fair Value		1
12 Months or More, Fair Value		3
Total, Fair Value		4
Maximum [Member] \| Mortgage-Backed Securities - Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Total, Unrealized Loss		$ 1

Loans And Leases (Narrative) (D

Loans And Leases (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
Loans And Leases (Narrative) (Details) $ in Thousands	Jun. 30, 2024 USD ($) loan	Jun. 30, 2023 loan	Jun. 30, 2024 USD ($) loan	Jun. 30, 2023 loan	Dec. 31, 2023 USD ($)
Accounts Notes And Loans Receivable [Line Items]
Loans 90 days or more past due and still accruing interest	$ 0		$ 0		$ 0
Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Number of loans modified to borrowers experiencing financial difficulty \| loan	1	0	1	0
Loan modifications to borrowers experiencing financial difficulty, amount	$ 4,400		$ 4,400

Loans And Leases (Recorded Inve

Loans And Leases (Recorded Investment In Loans By Portfolio Segment) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	$ 1,706,980		$ 1,710,998
Less: ACL - Loans	(19,285)	$ (18,198)	(16,865)	$ (15,960)	$ (15,915)	$ (16,062)
Loans and leases, net	1,687,695		1,694,133
Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	422,011		439,895
Less: ACL - Loans	(8,756)	(7,518)	(5,884)	(5,339)	(5,438)	(4,764)
Real Estate Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	1,240,893		1,232,750
Single-Family Residential [Member] \| Real Estate Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	467,802		478,224
Less: ACL - Loans	(3,306)	(3,331)	(3,371)	(3,101)	(3,194)	(3,914)
Multi-Family Residential [Member] \| Real Estate Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	128,332		130,778
Less: ACL - Loans	(1,015)	(1,147)	(1,231)	(949)	(1,045)	(997)
Commercial [Member] \| Real Estate Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	459,860		433,026
Less: ACL - Loans	(4,288)	(4,298)	(4,105)	(4,079)	(4,123)	(3,384)
Construction [Member] \| Real Estate Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	184,899		190,722
Less: ACL - Loans	(1,236)	(1,279)	(1,707)	(2,101)	(1,679)	(2,644)
Home Equity Lines Of Credit [Member] \| Consumer Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	40,884		35,960
Less: ACL - Loans	(383)	(335)	(334)	(323)	(331)	(333)
Other [Member] \| Consumer Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	3,192		2,393
Less: ACL - Loans	(301)	$ (290)	(233)	$ (68)	$ (105)	$ (26)
Commercial Leases [Member] \| Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	$ 10,423		$ 13,497

Loans And Leases (Activity In A

Loans And Leases (Activity In ALLL By Portfolio Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	$ 18,198	$ 15,915	$ 16,865	$ 16,062
Provision of credit losses	3,195	(63)	4,512	204
Recoveries on loans	15	108	31	111
Loans charged off	(2,123)		(2,123)	(8)
Ending Balance	19,285	15,960	19,285	15,960
Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				(409)
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				15,653
Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	7,518	5,438	5,884	4,764
Provision of credit losses	3,105	(184)	4,733	(382)
Recoveries on loans	6	85	12	85
Loans charged off	(1,873)		(1,873)	(5)
Ending Balance	8,756	5,339	8,756	5,339
Commercial Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				877
Commercial Portfolio Segment [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				5,641
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	3,331	3,194	3,371	3,914
Provision of credit losses	(32)	(112)	(80)	123
Recoveries on loans	7	19	15	22
Ending Balance	3,306	3,101	3,306	3,101
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				(958)
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				2,956
Real Estate Portfolio Segment [Member] \| Multi-Family Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	1,147	1,045	1,231	997
Provision of credit losses	(132)	(96)	(216)	(114)
Ending Balance	1,015	949	1,015	949
Real Estate Portfolio Segment [Member] \| Multi-Family Residential [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				66
Real Estate Portfolio Segment [Member] \| Multi-Family Residential [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				1,063
Real Estate Portfolio Segment [Member] \| Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	4,298	4,123	4,105	3,384
Provision of credit losses	(10)	(44)	183	(31)
Ending Balance	4,288	4,079	4,288	4,079
Real Estate Portfolio Segment [Member] \| Commercial [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				726
Real Estate Portfolio Segment [Member] \| Commercial [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				4,110
Real Estate Portfolio Segment [Member] \| Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	1,279	1,679	1,707	2,644
Provision of credit losses	(43)	422	(471)	476
Ending Balance	1,236	2,101	1,236	2,101
Real Estate Portfolio Segment [Member] \| Construction [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				(1,019)
Real Estate Portfolio Segment [Member] \| Construction [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				1,625
Consumer Portfolio Segment [Member] \| Home Equity Lines Of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	335	331	334	333
Provision of credit losses	46	(9)	45	118
Recoveries on loans	2	1	4	1
Ending Balance	383	323	383	323
Consumer Portfolio Segment [Member] \| Home Equity Lines Of Credit [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				(129)
Consumer Portfolio Segment [Member] \| Home Equity Lines Of Credit [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				204
Consumer Portfolio Segment [Member] \| Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance	290	105	233	26
Provision of credit losses	261	(40)	318	14
Recoveries on loans		3		3
Loans charged off	(250)		(250)	(3)
Ending Balance	$ 301	$ 68	$ 301	68
Consumer Portfolio Segment [Member] \| Other [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				28
Consumer Portfolio Segment [Member] \| Other [Member] \| Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning Balance				$ 54

Loans And Leases (Schedule Of C

Loans And Leases (Schedule Of Collateral-Dependent Loans By Loan Segment) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	$ 1,706,980		$ 1,710,998
Loans, allowance	19,285	$ 18,198	16,865	$ 15,960	$ 15,915	$ 16,062
Collateral-Dependent [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	1,848		539
Loans, allowance	511		44
Other [Member] \| Collateral-Dependent [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	1,760		449
Commercial Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	422,011		439,895
Loans, allowance	8,756	7,518	5,884	5,339	5,438	4,764
Commercial Portfolio Segment [Member] \| Collateral-Dependent [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	1,760		449
Loans, allowance	511		44
Commercial Portfolio Segment [Member] \| Other [Member] \| Collateral-Dependent [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	1,760		449
Real Estate Portfolio Segment [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	1,240,893		1,232,750
Real Estate Portfolio Segment [Member] \| Collateral-Dependent [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	88		90
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	467,802		478,224
Loans, allowance	3,306	$ 3,331	3,371	$ 3,101	$ 3,194	$ 3,914
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| Collateral-Dependent [Member]
Accounts Notes And Loans Receivable [Line Items]
Loans, gross	$ 88		$ 90

Loans And Leases (Recorded In_2

Loans And Leases (Recorded Investment In Nonaccrual and Nonperforming Loans By Class Of Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual Loans	$ 10,909	$ 5,722
Non-Accrual loans with no Allowance for Credit Losses	1,814	2,332
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual Loans	9,328	5,048
Non-Accrual loans with no Allowance for Credit Losses	233	1,658
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual Loans	1,537	627
Non-Accrual loans with no Allowance for Credit Losses	1,537	627
Consumer Portfolio Segment [Member] \| Home Equity Lines Of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual Loans	14	17
Non-Accrual loans with no Allowance for Credit Losses	14	17
Consumer Portfolio Segment [Member] \| Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual Loans	30	30
Non-Accrual loans with no Allowance for Credit Losses	$ 30	$ 30

Loans And Leases (Aging Of Reco

Loans And Leases (Aging Of Recorded Investment In Past Due Loans By Class Of Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	$ 1,706,980	$ 1,710,998
Nonaccrual Loans	10,909	5,722
Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	7,620	1,964
30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	81	360
60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	4,642	372
Not 90 days or more Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual Loans	8,012	4,490
90 Days or more Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	2,897	1,232
Loans Not Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	1,699,360	1,709,034
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	422,011	439,895
Nonaccrual Loans	9,328	5,048
Commercial Portfolio Segment [Member] \| Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	6,079	720
Commercial Portfolio Segment [Member] \| 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	53	98
Commercial Portfolio Segment [Member] \| 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	4,095
Commercial Portfolio Segment [Member] \| Not 90 days or more Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual Loans	7,397	4,426
Commercial Portfolio Segment [Member] \| 90 Days or more Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	1,931	622
Commercial Portfolio Segment [Member] \| Loans Not Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	415,932	439,175
Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	1,240,893	1,232,750
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	467,802	478,224
Nonaccrual Loans	1,537	627
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	1,483	1,100
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross		165
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	547	372
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| Not 90 days or more Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual Loans	601	64
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| 90 Days or more Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	936	563
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| Loans Not Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	466,319	477,124
Real Estate Portfolio Segment [Member] \| Multi-Family Residential [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	128,332	130,778
Real Estate Portfolio Segment [Member] \| Multi-Family Residential [Member] \| Loans Not Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	128,332	130,778
Real Estate Portfolio Segment [Member] \| Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	459,860	433,026
Real Estate Portfolio Segment [Member] \| Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	239,862	228,548
Real Estate Portfolio Segment [Member] \| Non-Owner Occupied [Member] \| Loans Not Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	239,862	228,548
Real Estate Portfolio Segment [Member] \| Owner Occupied [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	202,951	183,773
Real Estate Portfolio Segment [Member] \| Owner Occupied [Member] \| Loans Not Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	202,951	183,773
Real Estate Portfolio Segment [Member] \| Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	17,047	20,705
Real Estate Portfolio Segment [Member] \| Land [Member] \| Loans Not Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	17,047	20,705
Real Estate Portfolio Segment [Member] \| Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	184,899	190,722
Real Estate Portfolio Segment [Member] \| Construction [Member] \| Loans Not Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	184,899	190,722
Consumer Portfolio Segment [Member] \| Home Equity Lines Of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	40,884	35,960
Nonaccrual Loans	14	17
Consumer Portfolio Segment [Member] \| Originated for Portfolio [Member] \| Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	28	114
Consumer Portfolio Segment [Member] \| Originated for Portfolio [Member] \| 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	28	97
Consumer Portfolio Segment [Member] \| Originated for Portfolio [Member] \| Not 90 days or more Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual Loans	14
Consumer Portfolio Segment [Member] \| Originated for Portfolio [Member] \| 90 Days or more Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross		17
Consumer Portfolio Segment [Member] \| Originated for Portfolio [Member] \| Loans Not Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	40,856	35,846
Consumer Portfolio Segment [Member] \| Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	3,192	2,393
Nonaccrual Loans	30	30
Consumer Portfolio Segment [Member] \| Other [Member] \| Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	30	30
Consumer Portfolio Segment [Member] \| Other [Member] \| 90 Days or more Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	30	30
Consumer Portfolio Segment [Member] \| Other [Member] \| Loans Not Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans, gross	$ 3,162	$ 2,363

Loans And Leases (Recorded In_3

Loans And Leases (Recorded Investment In Loans By Risk Category And Class Of Loans) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	$ 59,265	$ 217,575
Total Loans, Fiscal Year Before Latest Fiscal Year	216,815	394,333
Total Loans, Two Years Before Latest Fiscal Year	392,421	565,647
Total Loans, Three Years Before Latest Fiscal Year	552,097	137,812
Total Loans, Four Years Before Latest Fiscal Year	132,954	68,814
Total Loans, Prior	169,463	112,677
Revolving loans amortized cost basis	176,355	210,582
Revolving loans converted to term	7,610	3,558
Total Loans	1,706,980	1,710,998
Current period gross charge-offs:
Current period gross charge-offs, Fiscal Year Before Latest Fiscal Year		564
Current period gross charge-offs, Two Years Before Latest Fiscal Year	1,755	211
Current period gross charge-offs, Three Years Before Latest Fiscal Year	118
Prior		3
Revolving loans amortized cost basis	250
Total Loans	2,123	778
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	14,708	32,965
Total Loans, Fiscal Year Before Latest Fiscal Year	31,749	87,265
Total Loans, Two Years Before Latest Fiscal Year	84,011	100,641
Total Loans, Three Years Before Latest Fiscal Year	94,868	45,670
Total Loans, Four Years Before Latest Fiscal Year	44,153	3,273
Total Loans, Prior	11,940	9,888
Revolving loans amortized cost basis	136,638	159,115
Revolving loans converted to term	3,944	1,078
Total Loans	422,011	439,895
Commercial Portfolio Segment [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	14,708	32,965
Total Loans, Fiscal Year Before Latest Fiscal Year	31,749	86,433
Total Loans, Two Years Before Latest Fiscal Year	76,526	90,297
Total Loans, Three Years Before Latest Fiscal Year	87,176	45,670
Total Loans, Four Years Before Latest Fiscal Year	44,153	3,189
Total Loans, Prior	11,859	9,888
Revolving loans amortized cost basis	136,588	159,065
Revolving loans converted to term	3,944	1,078
Total Loans	406,703	428,585
Commercial Portfolio Segment [Member] \| Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Two Years Before Latest Fiscal Year	7,000	2,807
Total Loans, Four Years Before Latest Fiscal Year		84
Total Loans, Prior	81
Total Loans	7,081	2,891
Commercial Portfolio Segment [Member] \| Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Fiscal Year Before Latest Fiscal Year		384
Total Loans, Two Years Before Latest Fiscal Year	485	7,537
Total Loans, Three Years Before Latest Fiscal Year	7,692
Revolving loans amortized cost basis	50	50
Total Loans	8,227	7,971
Commercial Portfolio Segment [Member] \| Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Fiscal Year Before Latest Fiscal Year		448
Total Loans		448
Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	44,060	184,610
Total Loans, Fiscal Year Before Latest Fiscal Year	185,066	307,068
Total Loans, Two Years Before Latest Fiscal Year	308,410	465,006
Total Loans, Three Years Before Latest Fiscal Year	457,229	92,130
Total Loans, Four Years Before Latest Fiscal Year	88,792	65,541
Total Loans, Prior	157,336	102,573
Revolving loans amortized cost basis		15,822
Total Loans	1,240,893	1,232,750
Current period gross charge-offs:
Current period gross charge-offs, Fiscal Year Before Latest Fiscal Year		564
Current period gross charge-offs, Two Years Before Latest Fiscal Year		211
Total Loans		775
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	12,372	42,655
Total Loans, Fiscal Year Before Latest Fiscal Year	36,169	131,416
Total Loans, Two Years Before Latest Fiscal Year	126,413	231,379
Total Loans, Three Years Before Latest Fiscal Year	223,580	45,785
Total Loans, Four Years Before Latest Fiscal Year	44,062	9,584
Total Loans, Prior	25,206	17,405
Total Loans	467,802	478,224
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	12,372	42,655
Total Loans, Fiscal Year Before Latest Fiscal Year	35,622	131,416
Total Loans, Two Years Before Latest Fiscal Year	126,041	231,379
Total Loans, Three Years Before Latest Fiscal Year	223,580	45,785
Total Loans, Four Years Before Latest Fiscal Year	44,062	9,584
Total Loans, Prior	24,588	16,778
Total Loans	466,265	477,597
Real Estate Portfolio Segment [Member] \| Single-Family Residential [Member] \| Nonperforming [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Fiscal Year Before Latest Fiscal Year	547
Total Loans, Two Years Before Latest Fiscal Year	372
Total Loans, Prior	618	627
Total Loans	1,537	627
Real Estate Portfolio Segment [Member] \| Multi-Family Residential [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year		24,839
Total Loans, Fiscal Year Before Latest Fiscal Year	24,822	8,776
Total Loans, Two Years Before Latest Fiscal Year	8,724	53,815
Total Loans, Three Years Before Latest Fiscal Year	52,081	7,311
Total Loans, Four Years Before Latest Fiscal Year	7,249	15,772
Total Loans, Prior	35,456	20,265
Total Loans	128,332	130,778
Real Estate Portfolio Segment [Member] \| Multi-Family Residential [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year		24,839
Total Loans, Fiscal Year Before Latest Fiscal Year	24,822	8,776
Total Loans, Two Years Before Latest Fiscal Year	8,724	53,815
Total Loans, Three Years Before Latest Fiscal Year	52,081	7,311
Total Loans, Four Years Before Latest Fiscal Year	7,249	15,772
Total Loans, Prior	35,456	20,265
Total Loans	128,332	130,778
Real Estate Portfolio Segment [Member] \| Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	459,860	433,026
Real Estate Portfolio Segment [Member] \| Non-Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	10,189	57,092
Total Loans, Fiscal Year Before Latest Fiscal Year	52,955	27,068
Total Loans, Two Years Before Latest Fiscal Year	33,731	61,990
Total Loans, Three Years Before Latest Fiscal Year	68,558	15,085
Total Loans, Four Years Before Latest Fiscal Year	14,486	20,606
Total Loans, Prior	59,943	45,725
Revolving loans amortized cost basis		982
Total Loans	239,862	228,548
Real Estate Portfolio Segment [Member] \| Non-Owner Occupied [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	10,189	57,092
Total Loans, Fiscal Year Before Latest Fiscal Year	52,955	27,068
Total Loans, Two Years Before Latest Fiscal Year	33,731	61,990
Total Loans, Three Years Before Latest Fiscal Year	68,558	15,085
Total Loans, Four Years Before Latest Fiscal Year	14,486	20,101
Total Loans, Prior	59,438	45,725
Revolving loans amortized cost basis		982
Total Loans	239,357	228,043
Real Estate Portfolio Segment [Member] \| Non-Owner Occupied [Member] \| Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Four Years Before Latest Fiscal Year		505
Total Loans, Prior	505
Total Loans	505	505
Real Estate Portfolio Segment [Member] \| Owner Occupied [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	5,408	20,353
Total Loans, Fiscal Year Before Latest Fiscal Year	23,518	55,169
Total Loans, Two Years Before Latest Fiscal Year	69,781	50,210
Total Loans, Three Years Before Latest Fiscal Year	48,651	19,775
Total Loans, Four Years Before Latest Fiscal Year	19,365	19,430
Total Loans, Prior	36,228	18,768
Revolving loans amortized cost basis		68
Total Loans	202,951	183,773
Real Estate Portfolio Segment [Member] \| Owner Occupied [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	5,408	20,353
Total Loans, Fiscal Year Before Latest Fiscal Year	23,518	55,169
Total Loans, Two Years Before Latest Fiscal Year	69,781	50,210
Total Loans, Three Years Before Latest Fiscal Year	48,651	19,775
Total Loans, Four Years Before Latest Fiscal Year	19,365	18,751
Total Loans, Prior	35,549	18,768
Revolving loans amortized cost basis		68
Total Loans	202,272	183,094
Real Estate Portfolio Segment [Member] \| Owner Occupied [Member] \| Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Four Years Before Latest Fiscal Year		679
Total Loans, Prior	679
Total Loans	679	679
Real Estate Portfolio Segment [Member] \| Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	5,895	7,932
Total Loans, Fiscal Year Before Latest Fiscal Year	4,792	6,037
Total Loans, Two Years Before Latest Fiscal Year	401	6,177
Total Loans, Three Years Before Latest Fiscal Year	5,456
Total Loans, Four Years Before Latest Fiscal Year		149
Total Loans, Prior	503	410
Total Loans	17,047	20,705
Real Estate Portfolio Segment [Member] \| Land [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	5,895	7,932
Total Loans, Fiscal Year Before Latest Fiscal Year	4,792	6,037
Total Loans, Two Years Before Latest Fiscal Year	401	6,177
Total Loans, Three Years Before Latest Fiscal Year	5,456
Total Loans, Four Years Before Latest Fiscal Year		149
Total Loans, Prior	503	410
Total Loans	17,047	20,705
Real Estate Portfolio Segment [Member] \| Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	10,196	31,739
Total Loans, Fiscal Year Before Latest Fiscal Year	42,810	78,602
Total Loans, Two Years Before Latest Fiscal Year	69,360	61,435
Total Loans, Three Years Before Latest Fiscal Year	58,903	4,174
Total Loans, Four Years Before Latest Fiscal Year	3,630
Revolving loans amortized cost basis		14,772
Total Loans	184,899	190,722
Real Estate Portfolio Segment [Member] \| Construction [Member] \| Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	10,196	31,739
Total Loans, Fiscal Year Before Latest Fiscal Year	42,810	78,602
Total Loans, Two Years Before Latest Fiscal Year	69,360	61,435
Total Loans, Three Years Before Latest Fiscal Year	58,903	4,174
Total Loans, Four Years Before Latest Fiscal Year	3,630
Revolving loans amortized cost basis		14,772
Total Loans	184,899	190,722
Consumer Portfolio Segment [Member]
Current period gross charge-offs:
Current period gross charge-offs, Two Years Before Latest Fiscal Year	1,755
Current period gross charge-offs, Three Years Before Latest Fiscal Year	118
Total Loans	1,873
Consumer Portfolio Segment [Member] \| Home Equity Lines Of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans amortized cost basis	37,218	33,510
Revolving loans converted to term	3,666	2,450
Total Loans	40,884	35,960
Consumer Portfolio Segment [Member] \| Home Equity Lines Of Credit [Member] \| Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans amortized cost basis	37,218	33,510
Revolving loans converted to term	3,652	2,433
Total Loans	40,870	35,943
Consumer Portfolio Segment [Member] \| Home Equity Lines Of Credit [Member] \| Nonperforming [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans converted to term	14	17
Total Loans	14	17
Consumer Portfolio Segment [Member] \| Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	497
Total Loans, Three Years Before Latest Fiscal Year		12
Total Loans, Four Years Before Latest Fiscal Year	9
Total Loans, Prior	187	216
Revolving loans amortized cost basis	2,499	2,135
Revolving loans converted to term		30
Total Loans	3,192	2,393
Current period gross charge-offs:
Prior		3
Revolving loans amortized cost basis	250
Total Loans	250	3
Consumer Portfolio Segment [Member] \| Other [Member] \| Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans, Current Fiscal Year	497
Total Loans, Three Years Before Latest Fiscal Year		12
Total Loans, Four Years Before Latest Fiscal Year	9
Total Loans, Prior	187	216
Revolving loans amortized cost basis	2,469	2,135
Total Loans	3,162	2,363
Consumer Portfolio Segment [Member] \| Other [Member] \| Nonperforming [Member]
Financing Receivable, Recorded Investment [Line Items]
Revolving loans amortized cost basis	30
Revolving loans converted to term		30
Total Loans	$ 30	$ 30

Loans And Leases (Components Of

Loans And Leases (Components Of Net Investment In Direct Financing Leases) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Loans And Leases [Abstract]
Total minimum lease payments to be received	$ 10,976	$ 14,343
Less: unearned income	(564)	(863)
Plus: indirect initial costs	11	17
Net investment in direct financing leases	$ 10,423	$ 13,497

Loans And Leases (Summary Of Fu

Loans And Leases (Summary Of Future Minimum Lease Payments Receivable) (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Loans And Leases [Abstract]
2024, excluding the six months ended June 30, 2024	$ 2,827
2025	4,899
2026	2,657
2027	543
2028	50
Total future minimum payments	$ 10,976

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Leases (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Leases [Abstract]
Lease terms extending through year			2034
Operating lease, Weighted average remaining lease term	8 years 8 months 12 days		8 years 8 months 12 days		8 years 10 months 24 days
Operating lease, Weighted average discount rate	7.27%		7.27%		7.21%
Operating lease costs	$ 183	$ 188	$ 363	$ 312
Variable lease costs	$ 246	$ 188	$ 437	$ 353

Leases (Future Minimum Operatin

Leases (Future Minimum Operating Lease Payments) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Leases [Abstract]
2024, excluding the six months ended June 30, 2024	$ 495
2025	820
2026	737
2027	687
2028	700
Thereafter	3,407
Total future minimum rental commitments	6,846
Less - amounts representing interest	(1,897)
Total operating lease liabilities	$ 4,949	$ 5,302

Fair Value (Narrative) (Details

Fair Value (Narrative) (Details) - USD ($)	3 Months Ended	6 Months Ended		12 Months Ended
Fair Value (Narrative) (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfer of assets or liabilities measured at fair value between levels		$ 0		$ 0
Fair value option, 90 days or more past due	$ 0	0		0
Write-downs of impaired collateral-dependent loans	2,123,000	2,123,000	$ 8,000
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		0
Liabilities measured at fair value	$ 0	0		$ 0
Collateral-Dependent [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Write-downs of impaired collateral-dependent loans		$ 0	$ 0

Fair Value (Assets And Liabilit

Fair Value (Assets And Liabilities Measured At Fair Value On A Recurring Basis, Including Financial Assets And Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financial Assets:
Securities available for sale	$ 8,323	$ 8,092
Loans held for sale	3,187	1,849
Derivative assets	3,983	4,710
Financial Liabilities:
Derivative liabilities	3,983	4,710
Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Securities available for sale	8,323	8,092
Loans held for sale	3,187	1,849
Derivative assets	3,983	4,710
Financial Liabilities:
Derivative liabilities	3,983	4,710
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Securities available for sale	8,323	8,092
Loans held for sale	3,187	1,849
Derivative assets	3,983	4,710
Financial Liabilities:
Derivative liabilities	3,983	4,710
Fair Value, Measurements, Recurring [Member] \| Corporate Debt [Member] \| Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Securities available for sale	7,150	7,100
Fair Value, Measurements, Recurring [Member] \| U.S. Treasury [Member] \| Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Securities available for sale	$ 1,173	988
Fair Value, Measurements, Recurring [Member] \| Mortgage-Backed Securities - Residential [Member] \| Fair Value, Inputs, Level 2 [Member]
Financial Assets:
Securities available for sale		$ 4

Fair Value (Assets Measured At

Fair Value (Assets Measured At Fair Value On A Non-Recurring Basis) (Details) - Fair Value, Measurements, Non-Recurring [Member] - Fair Value, Inputs, Level 3 [Member] - Loans Receivable [Member] - Collateral-Dependent [Member] - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 124	$ 403
Commercial Portfolio Segment [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured at fair value	$ 124	$ 403

Fair Value (Financial Instrumen

Fair Value (Financial Instruments Measured At Fair Value On A Non-Recurring Basis) (Details) - Collateral-Dependent [Member] - Commercial Portfolio Segment [Member] - Unobservable Input, Comparability Adjustment [Member] - Fair Value, Measurements, Non-Recurring [Member] - Income Approach [Member] - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Impaired loans, Fair Value	$ 124	$ 403
Impaired loans, (Range) Weighted Average	10%	10.43%

Fair Value (Aggregate Fair Valu

Fair Value (Aggregate Fair Value, Contractual Balance And Gain Or Loss) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Fair Value [Abstract]
Aggregate fair value	$ 3,187	$ 1,849
Contractual balance	$ 3,187	$ 1,849

Fair Value (Total Amount Of Gai

Fair Value (Total Amount Of Gains And Losses From Changes In Fair Value Included In Earnings) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Fair Value [Abstract]
Interest income	$ 31	$ 10	$ 59	$ 13
Total change in fair value	$ 31	$ 10	$ 59	$ 13

Fair Value (Carrying Amounts An

Fair Value (Carrying Amounts And Estimated Fair Values Of Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Financial Assets
Securities available for sale	$ 8,323	$ 8,092
Equity securities	5,000	5,000
Loans held for sale	3,187	1,849
Derivative assets	3,983	4,710
Financial Liabilities
FHLB advances and other debt	(137,163)	(109,995)
Advances by borrowers for taxes and insurance	(154)	(2,179)
Derivative liabilities	(3,983)	(4,710)
Fair Value, Inputs, Level 1 [Member]
Financial Assets
Cash and cash equivalents	241,775	261,595
Interest-bearing deposits in other financial institutions	100	100
Accrued interest receivable	140	171
Financial Liabilities
Deposits	(1,018,376)	(1,080,605)
Fair Value, Inputs, Level 2 [Member]
Financial Assets
Securities available for sale	8,323	8,092
Equity securities	5,000	5,000
Loans held for sale	3,187	1,849
Accrued interest receivable	137	125
Derivative assets	3,983	4,710
Financial Liabilities
Deposits	(675,034)	(659,492)
FHLB advances and other borrowings	(135,389)	(108,294)
Subordinated debentures	(17,165)	(17,345)
Accrued interest payable	(3,058)	(2,680)
Derivative liabilities	(3,983)	(4,710)
Fair Value, Inputs, Level 3 [Member]
Financial Assets
Loans and leases, net	1,651,370	1,670,885
Accrued interest receivable	9,282	8,914
Financial Liabilities
Advances by borrowers for taxes and insurance	(154)	(2,179)
Carrying Value [Member]
Financial Assets
Cash and cash equivalents	241,775	261,595
Interest-bearing deposits in other financial institutions	100	100
Securities available for sale	8,323	8,092
Equity securities	5,000	5,000
Loans held for sale	3,187	1,849
Loans and leases, net	1,687,695	1,694,133
FHLB and FRB stock	9,830	8,482
Accrued interest receivable	9,559	9,210
Derivative assets	3,983	4,710
Financial Liabilities
Deposits	(1,696,476)	(1,744,057)
FHLB advances and other borrowings	(137,163)	(109,995)
Advances by borrowers for taxes and insurance	(154)	(2,179)
Subordinated debentures	(14,980)	(14,961)
Accrued interest payable	(3,058)	(2,680)
Derivative liabilities	(3,983)	(4,710)
Fair Value [Member]
Financial Assets
Cash and cash equivalents	241,775	261,595
Interest-bearing deposits in other financial institutions	100	100
Securities available for sale	8,323	8,092
Equity securities	5,000	5,000
Loans held for sale	3,187	1,849
Loans and leases, net	1,651,370	1,670,885
Accrued interest receivable	9,559	9,210
Derivative assets	3,983	4,710
Financial Liabilities
Deposits	(1,693,410)	(1,740,097)
FHLB advances and other borrowings	(135,389)	(108,294)
Advances by borrowers for taxes and insurance	(154)	(2,179)
Subordinated debentures	(17,165)	(17,345)
Accrued interest payable	(3,058)	(2,680)
Derivative liabilities	$ (3,983)	$ (4,710)

Subordinated Debentures (Narrat

Subordinated Debentures (Narrative) (Details) - USD ($)		1 Months Ended	6 Months Ended
Subordinated Debentures (Narrative) (Details) - USD ($)	May 21, 2021	Dec. 31, 2018	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2021	Dec. 31, 2003
Subsidiary, Sale of Stock [Line Items]
Subordinated debentures			$ 14,980,000	$ 14,961,000		$ 5,155,000
Holding Company's investment in the common stock						$ 155,000
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]	us-gaap:PrimeRateMember	us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember	us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
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
Variable rate of interest			3.112%
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%
Variable rate of interest			2.85%
Trust preferred securities and subordinated debentures have a stated percentage			8.44%	8.44%
Subordinated Debentures [Member] \| Fixed-To-Floating Rate Subordinated Notes [Member] \| Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Maturity date		Dec. 30, 2028
Variable rate of interest		4.402%
Trust preferred securities and subordinated debentures have a stated percentage			9.73%	9.70%
Subordinated notes		$ 10,000,000	$ 9,825,000		$ 9,612,000
Interest rate		7%
Debt issuance costs		$ 388,000

FHLB Advances And Other Debt (N

FHLB Advances And Other Debt (Narrative) (Details) - USD ($)		1 Months Ended	6 Months Ended
	May 21, 2021	Dec. 31, 2018	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]	us-gaap:PrimeRateMember	us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember	us-gaap:SecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember
Federal Reserve Bank Advances [Member]
Outstanding borrowings			$ 0	$ 0
Line Of Credit [Member] \| Commercial Bank One [Member]
Unused line of credit			50,000,000
Line Of Credit [Member] \| Commercial Bank Two [Member]
Unused line of credit			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]
Line of credit, borrowing capacity	$ 35,000,000
Interest rate	3.85%
Line of credit, expiration date	May 21, 2024
Line of credit, outstanding balance			$ 34,663,000
Debt Instrument, Term			10 years
Revolving Credit Facility [Member] \| Third-Party Bank [Member] \| Interest Rate Floor [Member]
Variable rate spread	3.25%

FHLB Advances And Other Debt (S

FHLB Advances And Other Debt (Schedule Of FHLB Advances And Other Debt) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Total	$ 137,163	$ 109,995
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	$ 34,663	33,495
FHLB Variable Rate Advances [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Weighted Average Rate, Maturities less than 30 days	5.40%
Maturities less than 30 days	$ 26,000
FHLB Fixed Rate Advances [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Weighted Average Rate, Maturities 2024	1.46%
Weighted Average Rate, Maturities 2026	1.45%
Weighted Average Rate, Maturities 2027	3.88%
Weighted Average Rate, Maturities 2028	1.69%
Weighted Average Rate, Maturities 2029	3.94%
Maturities: 2024	$ 18,500	18,500
Maturities: 2026	16,000	16,000
Maturities: 2027	12,500	12,500
Maturities: 2028	17,000	17,000
Maturities: 2029	12,500	12,500
Total FHLB fixed rate advances	$ 76,500	$ 76,500

FHLB Advances And Other Debt _2

FHLB Advances And Other Debt (Schedule of Maturities of Long-Term Debt) (Details) - Holding Company Credit Facility [Member] - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Line of Credit Facility [Line Items]
2025	$ 1,750
2026	1,750
2027	2,625
2028	2,625
Thereafter	26,250
Less - unamortized debt issuance costs	(337)
Long-term Debt, Total	$ 34,663	$ 33,495

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
	May 29, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	May 29, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost		$ 283	$ 299	$ 516	$ 582
Total income tax (expense) benefit		$ 59	63	$ 108	$ 122
Outstanding options		0		0
2019 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	500,000					300,000
Additional shares authorized	200,000
Shares remaining available		201,840		201,840
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting periods exercisable from date of grant				10 years
Options exercised				0	3,636
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				58,792	41,727
Shares granted				74,818	59,784
Unrecognized compensation cost		$ 2,291	$ 1,989	$ 2,291	$ 1,989
Shares, Forfeited				328	5,345
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 Changes In Company's Nonvested Restricted Shares) (Details) - Restricted Stock [Member] - $ / shares	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Shares, Nonvested at, Beginning	119,026
Shares, Granted	74,818
Shares, Vested	(58,792)	(41,727)
Shares, Forfeited	(328)	(5,345)
Shares, Nonvested at, Ending	134,724
Weighted Average Grant date Fair Value, Nonvested at, Beginning	$ 19.99
Weighted Average Grant date Fair Value, Granted	19.16
Weighted Average Grant date Fair Value, Vested	19.55
Weighted Average Grant date Fair Value, Forfeited	21.37
Weighted Average Grant date Fair Value, Nonvested at, Ending	$ 19.72

Regulatory Capital Matters (Nar

Regulatory Capital Matters (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Jan. 01, 2019
Regulatory Capital Matters [Abstract]
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%
Tier 1 Capital To Risk Weighted Assets Ratio		6%
Tier 1 Capital To Risk Weighted Assets Upon Full Implementation Ratio		8.50%
Total Capital To Risk Weighted Assets Ratio		8%
Total Capital To Risk Weighted Assets Upon Full Implementation Ratio		10.50%
Minimum Leverage Ratio Based On Required Basel 3 Rules		4%
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	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to risk weighted assets, Actual Amount	$ 222,036	$ 215,164
Tier 1 (Core) Capital to risk weighted assets, Actual Amount	201,445	196,977
Common equity tier 1 capital to risk-weighted assets, Actual Amount	201,445	196,977
Tier 1 (Core) Capital to adjusted total assets (Leverage ratio), Actual Amount	$ 201,445	$ 196,977
Total Capital to risk weighted assets, Actual Ratio	0.1348	0.1330
Tier 1 (Core) Capital to risk weighted assets, Actual Ratio	0.1223	0.1217
Common equity tier 1 capital to risk-weighted assets, Actual Ratio	0.1223	0.1217
Tier 1 (Core) Capital to adjusted total assets, Actual Ratio	0.1011	0.0976
Total Capital to risk weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	$ 164,698	$ 161,818
Tier 1 (Core) Capital to risk weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	131,759	129,455
Common equity tier 1 capital to risk-weighted assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	107,054	105,182
Tier 1 (Core) Capital to adjusted total assets, To Be Well Capitalized Under Applicable Regulatory Capital Standards Amount	$ 99,586	$ 100,908
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
Basel III Fully Phased-In [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital to risk weighted assets, Minimum Capital Required-Basel III Amount	$ 172,933	$ 169,909
Tier 1 (Core) Capital to risk weighted assets, Minimum Capital Required-Basel III Amount	139,994	137,546
Common equity tier 1 capital to risk-weighted assets, Minimum Capital Required-Basel III Amount	115,289	113,273
Tier 1 (Core) Capital to adjusted total assets, Minimum Capital Required-Basel III Amount	$ 79,669	$ 80,727
Total Capital to risk weighted assets, Minimum Capital Required-Basel III Ratio	0.1050	0.1050
Tier 1 (Core) Capital to risk weighted assets, Minimum Capital Required-Basel III Ratio	0.0850	0.0850
Common equity tier 1 capital to risk-weighted assets, Minimum Capital Required-Basel III Ratio	0.0700	0.0700
Tier 1 (Core) Capital to adjusted total assets, Minimum Capital Required-Basel III Ratio	0.0400	0.0400

Derivative Instruments (Narrati

Derivative Instruments (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Derivative [Line Items]
Notional amount	$ 80,817	$ 81,858
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other Assets	Other Assets
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Other Liabilities	Other Liabilities
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Noninterest Income Other Operating Income	Noninterest Income Other Operating Income
Interest Rate Swap [Member]
Derivative [Line Items]
Notional amount	$ 80,817	$ 81,858
Interest-rate swaps	3,466
Interest Rate Lock Commitments [Member]
Derivative [Line Items]
Notional amount	$ 7,910	$ 5,345
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

Derivative Instruments (Summary

Derivative Instruments (Summary Of Derivative Instruments) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount	$ 80,817	$ 81,858
Weighted average maturity (years)	7 years 9 months 18 days	8 years 2 months 12 days
Fair value of derivative asset	$ 3,983	$ 4,710
Fair value of derivative liability	(3,983)	(4,710)
Interest Rate Swap [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount	$ 80,817	$ 81,858
Weighted average pay rate on interest-rate swaps	5.37%	5.36%
Weighted average receive rate on interest-rate swaps	7.79%	7.81%

Derivative Instruments (Schedul

Derivative Instruments (Schedule Of Mortgage Banking Derivatives) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Interest Rate Commitments [Member]
Derivatives, Fair Value [Line Items]
Notional Amount, Assets	$ 7,910	$ 5,345

Derivative Instruments (Sched_2

Derivative Instruments (Schedule Of Notional Amount Of Loans Sold) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Derivative Instruments [Abstract]
Notional amount of loans sold	$ 10,837	$ 3,171	$ 19,874	$ 5,162

Derivative Instruments (Sched_3

Derivative Instruments (Schedule Of Gain (Loss) Recognized On Mortgage Activities) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Derivative Instruments [Abstract]
Gain (loss) on loans sold	$ 87	$ 40	$ 177	$ 37
Revenue recognized on mortgage activities	$ 87	$ 40	$ 177	$ 37

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
Income Taxes (Narrative) (Details) - USD ($)	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2012	Dec. 31, 2023
Proceeds from sale of common stock					$ 22,500,000
Net operating loss carry forwards	$ 21,927,000		$ 21,927,000
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		$ 473,000
Effective tax rate	12.30%	20%	16.40%	19.70%
Additional bad debt deductions			$ 2,250,000
Deferred tax asset	$ 4,496,000		4,496,000			$ 3,942,000
Deferred tax asset, valuation allowance	0		0
Unrecognized tax benefits	$ 0		$ 0			$ 0
Minimum [Member]
Net operating loss carryforwards, expiration date			Jan. 01, 2024
Maximum [Member]
Net operating loss carryforwards, expiration date			Dec. 31, 2032

Income Taxes (Effective Tax Rat

Income Taxes (Effective Tax Rates Differ From Federal Statutory Rate) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Taxes [Abstract]
Statutory tax rate	21%	21%	21%	21%
Increase (decrease) resulting from:
Restricted stock	0.10%	0.30%	(0.30%)	0%
Tax exempt earnings on bank owned life insurance	(2.30%)	(0.60%)	(1.50%)	(0.60%)
Dividends on equity securities	(0.60%)	(0.20%)	(0.40%)	(0.20%)
Low income housing tax credits	(6.40%)	(0.50%)	(2.60%)	(0.50%)
Other, net	0.50%	0%	0.20%	0%
Effective tax rate	12.30%	20%	16.40%	19.70%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Schedule Of Changes In Accumulated Other Comprehensive Loss) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Accumulated Other Comprehensive Loss [Line Items]
Accumulated other comprehensive loss, beginning of period			$ (2,290,000)
Net current-period other comprehensive gain (loss)	$ 44,000	$ (148,000)	53,000	$ (364,000)
Accumulated other comprehensive loss, end of period	(2,237,000)		(2,237,000)
Unrealized Gains and (Losses) on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive Loss [Line Items]
Accumulated other comprehensive loss, beginning of period	(2,281,000)	(2,253,000)	(2,290,000)	(2,037,000)
Other comprehensive gain (loss) before reclassifications	44,000	(148,000)	53,000	(364,000)
Net current-period other comprehensive gain (loss)	44,000	(148,000)	53,000	(364,000)
Accumulated other comprehensive loss, end of period	(2,237,000)	(2,401,000)	(2,237,000)	(2,401,000)
Accumulated other comprehensive loss, end of period	$ 0	$ 0	$ 0	$ 0

Preferred Stock (Narrative) (De

Preferred Stock (Narrative) (Details) - $ / shares	Jun. 30, 2024	May 29, 2024	Feb. 06, 2024	Dec. 31, 2023
Series D Preferred Stock [Member]
Schedule of Capitalization, Equity [Line Items]
Issuance of preferred stock		160	2,000
Preferred stock, par value			$ 0.01
Exchange of common stock	2,160	16,000	200,000	0
Common Stock [Member]
Schedule of Capitalization, Equity [Line Items]
Shares upon conversion	100
Exchange of common stock	5,524,811			5,665,958
Maximum percentage of stock ownership allowed per holder	9.90%
Non-Voting Common Stock [Member]
Schedule of Capitalization, Equity [Line Items]
Shares upon conversion	100
Exchange of common stock	1,260,700			1,260,700

Other Assets Held For Sale (Nar

Other Assets Held For Sale (Narrative) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Other Assets Held For Sale [Abstract]
Disposal Group, Including Discontinued Operation, Consideration	$ 2,010
Impairment of Long-Lived Assets to be Disposed of	$ 542

Tax Credit Investments (Summary

Tax Credit Investments (Summary Of Affordable Housing Investments) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]
Investment	$ 22,897		$ 22,897		$ 17,603
Unfunded Commitment	14,315		14,315		12,112
Amortization expense	354	$ 130	707	$ 260
Tax credits recognized	355	130	710	260
LIHTC [Member]
Schedule of Equity Method Investments [Line Items]
Investment	20,872		20,872		15,578
Unfunded Commitment	12,742		12,742		10,539
Amortization expense	354	130	707	260
Tax credits recognized	355	$ 130	710	$ 260
HTC [Member]
Schedule of Equity Method Investments [Line Items]
Investment	2,025		2,025		2,025
Unfunded Commitment	$ 1,573		$ 1,573		$ 1,573

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2024
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false