Cf Bankshares Inc. · NASDAQ:CFBK
Cf Bankshares — Central Federal — Shareholder Meeting (May 2019)
17 slides from Cf Bankshares's shareholder meeting presentation, May 29, 2019
Slide 1: Central Federal Corporation Annual Stockholders Meeting
Central Federal Corporation Annual Stockholders Meeting Wednesday May 29, 2019 Columbus Cleveland Cincinnati Fairlawn Columbiana County
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS Comments made in this presentation include “forward-looking statements ”within the meaning of the Private Securities Litigation Reform Act of 1995 and are made in good faith by us. Forward-looking statements include, but are not limited to:(1) projections of revenues, inco
Slide 3: 2018 Highlights
2018 Highlights. Performance Highlights -2018 .Increase in Net Income Before Taxes of 54% .Loan growth of 36% .EPS (fully diluted) was $1.00 .Book Value increased by 11% .Geographic Expansion .Currently operate in four (4) major Ohio Metro Markets Columbus, Cleveland, Cincinnati, Akron -Canton. Expa
Slide 4: 2018 Highlights Continued
2018 Highlights Continued .Mortgage Lending (Residential).Invested in building and expanding our residential mortgage lending business. .CFBank has a national mortgage origination platform. Realizing results, as evidenced by net gains on sales of loans of: $1.9 million for 2018 $1.5 million for 1st
Slide 5: CFBank is a Unique Banking Franchise
CFBANK is a UNIQUE Banking Franchise. This uniqueness is responsible for driving our current and future Growth & Success. TWO Businesses with Synergistic elements .National Commercial Bank .Plus a growing National Residential Mortgage Lender. .Has sophisticated, full service products & services. Abl
Slide 6: CFBank is a Unique Banking Franchise
CFBANK is a UNIQUE Banking Franchise. CFBank delivery to Business Clients is thru experienced Business Bankers. CFBank attracts high performing Commercial Bankers trained in Regional banks CFBANK IS JUST GETTING REVVED UP!!!!
Slide 7: Board and Management Ownership
BOARD AND MANAGEMENTOWNERSHIP *Amount and Nature of Beneficial Ownership Shares Percent Thomas P. Ash, Director 23,764 0.5% Edward W Cochran, Director 304,874 6.9% James H. Frauenberg, Director 173,086 3.9% John W. Helmsdoerfer, Chief Financial Officer 35,487 0.8% Robert E Hoeweler, Chairman of the
Slide 8: Financial Highlights
FINANCIAL HIGHLIGHTS .Keys to Success .Continued earnings improvement. Optimizing balance sheet performance. Maintaining strong credit quality. Continued capital strength to support growth .Driving noninterest income. Achieving operational efficiencies
Slide 9: Income Trends
Income Trends (3,766) (918) 479 1,284 2,437 3,461 5,330 -$6,000 -$ 4,000 -$2,000 $0 $2,000 $4,000m $6,000 2012 2013 2014 2015 2016 2017 2018 Income (Loss) Before Income Taxes ($ in thousands)
Slide 10: Driving Net Interest Income
Driving Net Interest Income $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 $16,000 $18,000 2012 2013 2014 2015 2016 2017 2018 Net Interest Income ($ in thousands)
Slide 11: Optimizing Balance Sheet Growth
Optimizing Balance Sheet Growth .Quality loan growth has been critical to our success and driving net income .Credit quality remains strong while we prudently grow the balance sheet $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 2012 2013 2014 2015 2016 2017 2018 Assets ($ in thou
Slide 12: Focus on Growth in Noninterest Bearing Deposits
Focus on Growth in Noninterest Bearing Deposits $0,$20,000 $40,000 $60,000 $80,000 $100,000 $120,000 2012 2013 2014 2015 2016 2017 2018 Noninterest Bearing Deposits ($ in thousands)
Slide 13: Capital Ratios of CFBank at 12/31/2018
Capital Ratios of CFBank at 12/31/2018 12.37% 10.00% 9.88% 10.50% 0% 2% 4% 6% 8% 10% 12% 14% Actual 12/31/18 Well Capitalized Reg. Standards Phase-In Schedule Fully Phased-In Total Capital to Risk Weighted Assets Basel III -Minimum capital required 11.12% 8.00% 7.88% 8.50% 0% 2% 4% 6% 8% 10% 12% Act
Slide 14: Credit Quality Remains Strong
Credit Quality Remains Strong .Nonperforming loans (NPL’s) as a percentage of total loans remains low .Net charge-off (recoveries) continue to trend favorably. Criticized and classified loans as a percentage of total loans remains low. Our ALLL as a percentage of loans remains strong at 1.26% at Dec
Slide 15: 1st Quarter 2019
1 st Quarter 2019 .Net Income Increased by 112% vs. 1st quarter 2018 .ROE was 14.6% .Net gains on sales of loans increased by 388% vs 1stQtr. 2018 .Book Value increased by 33 cents per share during the quarter. Achieved ROA of 1%, while investing in expanding our Cincinnati Market Team and presence,
Slide 16: In Summary
IN SUMMARY .Focus remains on optimizing balance sheet and earnings performance .Continued emphasis on maintaining strong credit quality .Opportunities exist to improve noninterest income .Maintain strong capital position. Achieve operational efficiencies
Slide 17: Thank you!
Thank you!