Cf Bankshares Inc. · NASDAQ:CFBK

Cf Bankshares — Central Federal — Investor Presentation (May 2009)

18 slides from Cf Bankshares's investor presentation, May 21, 2009

  1. Slide 1: Central Federal Corporation

    © CentralFederal Corporation 2008

  2. Slide 2: Forward-looking statements

    This presentation contains "forward-looking statements" which may be identified by the use of such words as "may," "believe," "expect," "anticipate," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology. Examples of forwar

  3. Slide 3: CFBank is a high touch, relationship based community bank

    CFBank is a high touch, relationship based business and consumer community bank in the markets we choose to serve, which operates with a sense of urgency to obtain an attractive return for our shareholders and provide our clients with extraordinary customer service.

  4. Slide 4: CFBK stock performance

    CFBK stock performance vs. NASDAQ Banking Index ~ 1 yr creK as of 15-May-2009 420% M1xEK icreK 60% Tae Sepos TevoS_ Jano Haro 9100.00 ESE $ B Volume 8 50.00 = 0.00 n J | mere an We LE lsat tall J Copyright 2008 Yahoo! Inc. int tp://Finance .yahoo.con/ © CentralFederal Corporation

  5. Slide 5: Historical Interest Rates

    Historical Interest Rates (US Treasury Curve) 6.00 RAINE A 4.00 |= < 12/31/2005 2 3.00 12/31/2006 \ 12/31/2007 2.00 12/31/2008 1.00 1mo 3mo 6mo lyr 2yr 3yr Syr 7yr 1Oyr 2Oyr 30yr © CentralFederal Corporation

  6. Slide 6: Net interest margin

    Net interest margin 5.00% 4.00% 3.35% 3.39% "iI" 3.35% 3.00% 2.00% 0.00% 2005 2006 2007 2008 © centralFederal Corporation

  7. Slide 7: Income (loss) before income taxes

    Income (loss) before income taxes $in thousands $2,000 $1,000 $0 $1,000 $2,000 $3,000 -$4,000 2.00% 1.00% 0.00% mincome (loss) before \ tax -1.00% & ——income (loss) before WA tax as % of average assets 3.00% 4.00% 2005 2006 += 2007.-—S-2008 S central Federal Corporation

  8. Slide 8: Executive Compensation

    Executive Compensation mmexecutive ‘compensation percent —% of average assets 2005 2006 +=. 2007_-—S «2008 @ centralFederal Corporation

  9. Slide 9: Provision for loan losses

    Provision for loan losses $1,250 0.50% mmprovision for loan losses —provision for loan losses as % of average assets $in thousands percent 2005 2006 += 2007S 2008 © CentralFederal Corporation

  10. Slide 10: Provision for loan losses

    Provision for loan losses $in thousands tall income (loss) before tax 1 provision for loan losses 2005 2006 2007 2008 PS central Federal Corporation

  11. Slide 11: Asset growth

    Asset growth $300 280 «278 $250 236 AN 34 $200 171173 a 74 ia AWW 24 27 08 $100 2 3 $50 so 2004 2005 2006 2007 2008 m Total assets ‘Loans, net = Commercial, commercial real estate and multi- family loans @ centralFederal Corporation

  12. Slide 12: Loan portfolio composition

    Loan portfolio composition 2004 2008 \ Single- AY family real Consumer dia estate 13%, SN 32% family real Commercial estate oe 39% ‘Comm reales 18% Commercial realestate 42% ily realestate 24% @ centralFederal Corporation

  13. Slide 13: Allowance for loan losses

    Allowance for loan losses $3.5 $200 $3.0 RAN $160 g 28 $140 ) ge $2.0 $120 8 2 = commercial, commercial real 18 \ "4 ES estateand multi-family loan Set $100 BE balance ESA $80 8% mallowance or loan losses 3 2 s10 $60 $40 $0.5 $20 $0.0 $0 2004 2005 2006 2007 2008 © CentralFederal Corporation

  14. Slide 14: Deposit growth

    Deposit growth $250 208 $200 a 168 3 $150 128 e 102 @ $100 $50 [| $0 2005 2006 2007 2008 2004 — © centraFederl Corporation

  15. Slide 15: CFBank capital ratios

    CFBank capital ratios Well-capitalized 14.0% 12.20% AEC 12.0% 10.0% Capital ratio 2004 2005 2006 2007 maTotalassets —Core capital ratio —Risk- $300 $250 $200 $150 $100 $50 $0 2008 based capital ratio @ centralFederal Corporation

  16. Slide 16: Net interest income

    Net interest income $10.0 $200 $9.0 $180 $8.0 $160 2 $70 $140 AAS) gizo_g zB commercial, 3 2 commercial real estate ERR $100 3 E and multi-family loan 25 sa0 sso $5 _ balance = $3.0 $60 net interest income $2.0 $40 $1.0 $20 $0.0 $0 2004 = 2005 «= 2006-= 2007-2008 @ centralFederal Corporation

  17. Slide 17: Noninterest expense/average assets

    Noninterest expense/average 6.0% waa $200 g 5.0% $250 4.0% $200 3.0% $150 % 20% $100 5 1.0% $50 0.0% $0 2004 2005 2006 2007 2008 meTotal assets —Noninterest expense/average assets e ‘Central Federal Corporation

  18. Slide 18: Grow organically, through M&A, and geographically

    Grow organically - absolutely Growth through M&A - opportunistically Grow geographically Duplicate ourselves in other markets

Central Federal — Investor Presentation (May 2009) on 6ix