Cf Bankshares Inc. · NASDAQ:CFBK
Cf Bankshares — Central Federal — Shareholder Meeting (May 2020)
10 slides from Cf Bankshares's shareholder meeting presentation, May 27, 2020
Slide 1: Central Federal Corporation Annual Stockholders Meeting
Central Federal Corporation Annual Stockholders Meeting Wednesday May 27, 2020 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, incom
Slide 3: COVID-19 Impact
COVID 19 IMPACT While it is still too soon to know, the impact of COVID-19 on CFBank will depend upon many factors, including the speed of economic recovery and the individual characteristics of each borrower/guarantor. Our CFBank Credit and Risk Management teams are very diligent evaluating and tar
Slide 4: Mortgage Lending, Interest Margins & Earnings, PPP Lending
Mortgage Lending Current Status: During the first quarter of 2020, there was a meaningful negative impact on our earnings due to disruptions in the market for residential mortgages. Subsequent to March 31, 2020, we have seen encouraging signs of market stabilization, although future trends and resul
Slide 5: Business Opportunities Moving Forward
BUSINES S OPPORTUNITIES Moving forward Low risk business opportunities targeted include SBA and Main Street Lending programs along with Home Mortgage Lending and Cash Management products & services.
Slide 6: Income Trends
Income Trends Income Before Income Taxes ($ in thousands) $1,284 $2,437 $3,461 $5,330 $12,041 $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 2015 2016 2017 2018 2019
Slide 7: Expanding Noninterest Income
Expanding Noninterest Income Noninterest Income ($ in thousands) $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000 2015 2016 2017 2018 2019
Slide 8: Strong Credit Quality
Strong Credit Quality 0% 1% 2% 3% Y/E 2017 Y/E 2018 Y/E 2019 Q1 2020 Criticized & Classified Loans / Loans Net Charge-offs (Recoveries) / Loans -0.01% -0.01% -0.01% 0.04% -0.20% -0.10% 0.00% 0.10% 0.20% 2017 2018 2019 Q1 2020(annualized) Nonperforming loans (NPL’s) as a percentage of total loans rem
Slide 9: Capital Ratios and Holding Company Liquidity
In addition to CFBank being well capitalized, the Holding Company had $8.7 million in cash and $5.0 million available on its line of credit facility as of March 31, 2020.13.23% 10.00% 10.50% 0% 2% 4% 6% 8% 10% 12% 14% Actual 3/31/20, Well Capitalized Reg.Standards Basel III Fully Phased-In Total Cap
Slide 10: 1st Quarter 2020 Highlights
1st Quarter 2020 Highlights Net Income Increased by 19% vs. 1st Qtr.2019 to $2.0 million Book Value per common share increased $0.45 to $12.85 per share during the quarter Noninterest income increased by 103% vs 1stQtr. 2019 Assets topped $900 million at March 31, 2020