XML 36 R27.htm IDEA: XBRL DOCUMENT v3.23.1

Loans And Leases (Tables)

3 Months Ended

Mar. 31, 2023

Loans And Leases [Abstract]

Recorded Investment In Loans By Portfolio Segment

	March 31, 2023			December 31, 2022
	(unaudited)
Commercial (1)	$	430,264		$	427,423
Real estate:
Single-family residential		474,082			465,057
Multi-family residential		109,659			104,148
Commercial		391,658			375,092
Construction		188,356			184,122
Consumer:
Home equity lines of credit		36,567			30,748
Other		1,412			1,727
Subtotal		1,631,998			1,588,317
Less: ACL – Loans		(15,915)			(16,062)
Loans and leases, net	$	1,616,083		$	1,572,255

⁽¹⁾Includes $19,317 and $20,768 of commercial leases at March 31, 2023 and December 31, 2022, respectively.

Activity In ALLL By Portfolio Segment

		Three Months Ended March 31, 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 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			(198)			235			(18)			13			54			127			54			267
Recoveries on loans			-			3			-			-			-			-			-			3
Loans charged off			(5)			-			-			-			-			-			(3)			(8)
Balances, March 31, 2023		$	5,438		$	3,194		$	1,045		$	4,123		$	1,679		$	331		$	105		$	15,915

Activity In ALLL Under Prior GAAP

	Three months ended March 31, 2022 (unaudited)
				Real Estate												Consumer
	Commercial			Single-family			Multi-family			Commercial			Construction			Home Equity lines of credit			Other			Total
Beginning balance	$	4,127		$	3,348		$	827		$	5,034		$	1,744		$	272		$	156		$	15,508
Addition to (reduction in) provision for loan losses		300			150			(40)			(400)			-			-			(10)			-
Charge-offs		-			-			-			-			-			-			-			-
Recoveries		-			8			-			-			-			4			-			12
Ending balance	$	4,427		$	3,506		$	787		$	4,634		$	1,744		$	276		$	146		$	15,520

Schedule Of Collateral-Dependent Loans By Loan Segment

	March 31, 2023
	Residential Real Estate			Other			Total			Allowance on Collateral Dependent Loans
Commercial	$	-		$	80		$	80		$	-
Real estate:
Single-family residential		638			-			638			-
Total nonaccrual loans	$	638		$	80		$	718		$	-

Balance In ALLL And Recorded Investment In Loans By Portfolio Segment And Based On Impairment Method

The table below presents 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.

	March 31, 2023
	Residential Real Estate			Other			Total			Allowance on Collateral Dependent Loans
Commercial	$	-		$	80		$	80		$	-
Real estate:
Single-family residential		638			-			638			-
Total nonaccrual loans	$	638		$	80		$	718		$	-

The following table presents the balance in the ALLL and the recorded investment in loans and leases by portfolio segment and based on the impairment method as of December 31, 2022:

					Real Estate												Consumer
		Commercial			Single- ‎family			Multi- ‎family			Commercial			Construction			Home Equity ‎lines of credit			Other			Total
ALLL:
Ending allowance balance attributable to loans:
Individually evaluated for impairment		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-
Collectively evaluated for impairment			4,764			3,914			997			3,384			2,644			333			26			16,062
Total ending allowance balance		$	4,764		$	3,914		$	997		$	3,384		$	2,644		$	333		$	26		$	16,062
Loans:
Individually evaluated for impairment		$	80		$	95		$	-		$	-		$	-		$	-		$	-		$	175
Collectively evaluated for impairment			427,343			464,962			104,148			375,092			184,122			30,748			1,727			1,588,142
Total ending loan balance		$	427,423		$	465,057		$	104,148		$	375,092		$	184,122		$	30,748		$	1,727		$	1,588,317

Individually Evaluated For Impairment By Class Of Loans

										Three months ended
	As of December 31, 2022									March 31, 2022
										(unaudited)
	Unpaid Principal Balance			Recorded Investment			ALLL Allocated			Average Recorded Investment			Interest Income Recognized
With no related allowance recorded:
Commercial:
Owner occupied	$	-		$	-		$	-		$	-		$	-
Total with no allowance recorded		-			-			-			-			-
With an allowance recorded:
Commercial (1)		371			80			-			165			1
Real estate:
Single-family residential (1)		95			95			-			99			1
Commercial:
Non-owner occupied		-			-			-			1,399			17
Total with an allowance recorded		466			175			-			1,663			19
Total	$	466		$	175		$	-		$	1,663		$	19

⁽¹⁾Allowance recorded in an amount less than $1 has been rounded down to zero.

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 March 31, 2023 (unaudited):

	Non-Accrual Loans			Non-Accrual loans with no Allowance for Credit Losses
Commercial	$	80		$	80
Real estate:
Single-family residential		638			638
Total nonaccrual loans	$	718		$	718

The following table presents the recorded investment in nonperforming loans by class of loans at December 31, 2022:

	December 31, 2022
Loans past due over 90 days still on accrual	$	-
Nonaccrual loans:
Commercial		99
Real estate:
Single-family residential		641
Consumer:
Home equity lines of credit:
Originated for portfolio		18
Purchased for portfolio		3
Total nonaccrual		761
Total nonaccrual and nonperforming loans	$	761

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 March 31, 2023 (unaudited):

	30 - 59 Days Past Due			60 - 89 Days Past Due			Greater than 90 Days Past Due			Total Past Due			Loans Not Past Due			Nonaccrual Loans Not > 90 days Past Due
Commercial	$	301		$	-		$	80		$	381		$	429,883		$	-
Real estate:
Single-family residential		-			-			564			564			473,518			74
Multi-family residential		-			-			-			-			109,659			-
Commercial:
Non-owner occupied		-			-			-			-			182,252			-
Owner occupied		-			-			-			-			178,629			-
Land		-			-			-			-			30,777			-
Construction		-			-			-			-			188,356			-
Consumer:
Home equity lines of credit:
Originated for portfolio		28			-			-			28			36,539			-
Purchased for portfolio		-			-			-			-			-			-
Other		-			-			-			-			1,412			-
Total	$	329		$	-		$	644		$	973		$	1,631,025		$	74

The following table presents the aging of the recorded investment in past due loans and leases by class of loans as of December 31, 2022:

	30 - 59 Days Past Due			60 - 89 Days Past Due			Greater than 90 Days Past Due			Total Past Due			Loans Not Past Due			Nonaccrual Loans Not > 90 days Past Due
Commercial	$	255		$	-		$	99		$	354		$	427,069		$	-
Real estate:
Single-family residential		966			167			563			1,696			463,361			78
Multi-family residential		-			-			-			-			104,148			-
Commercial:
Non-owner occupied		-			-			-			-			169,686			-
Owner occupied		-			-			-			-			172,698			-
Land		-			-			-			-			32,708			-
Construction		-			-			-			-			184,122			-
Consumer:
Home equity lines of credit:
Originated for portfolio		29			-			18			47			30,701			-
Purchased for portfolio		-			-			-			-			-			-
Other		-			-			3			3			1,724			-
Total	$	1,250		$	167		$	683		$	2,100		$	1,586,217		$	78

Nonaccrual Loans As Troubled Debt Restructuring

	December 31, 2022
Commercial	$	80
Total	$	80

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. 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 less than 89 days past due and accruing are performing and loans greater that 89 days past due or in nonaccrual are nonperforming loans.

	Term Loans (amortized cost basis by origination year)
(unaudited)	2023			2022			2021			2020			2019			Prior			Revolving loans amortized cost basis			Revolving loans converted to term			Total
Commercial and Industrial
Pass	$	22,079		$	99,936		$	104,776		$	49,138		$	6,298		$	13,424		$	129,905		$	-		$	425,556
Doubtful		-			-			4,628			-			-			80			-			-			4,708
Total Commercial and industrial loans		22,079			99,936			109,404			49,138			6,298			13,504			129,905			-			430,264
Current period gross charge-offs		-			-			5			-			-			-			-			-			5
Real estate loans:
Single-family residential
Payment performance
Performing		15,362			137,473			243,617			47,787			10,505			18,700									473,444
Nonperforming		-			-			-			-			-			638			-			-			638
Total Single-family residential loans		15,362			137,473			243,617			47,787			10,505			19,338			-			-			474,082
Multi-family residential
Pass		4,806			8,840			51,062			7,389			15,945			21,617			-			-			109,659
Total Multi-family residential loans		4,806			8,840			51,062			7,389			15,945			21,617			-			-			109,659
Commercial:
Non-owner occupied
Pass		12,839			26,149			48,185			15,716			20,610			56,388			948			-			180,835
Special Mention		-			-			-			-			514			903			-			-			1,417
Total Non-owner occupied loans		12,839			26,149			48,185			15,716			21,124			57,291			948			-			182,252
Owner occupied
Pass		4,673			57,194			56,762			20,540			19,353			19,344			70			-			177,936
Special Mention		-			-			-			-			693			-			-			-			693
Total Owner occupied loans		4,673			57,194			56,762			20,540			20,046			19,344			70			-			178,629
Land
Pass		1,138			8,391			18,221			2,030			263			636			98			-			30,777
Total Land loans		1,138			8,391			18,221			2,030			263			636			98			-			30,777
Construction
Pass		4,937			65,953			94,773			8,938			-			213			13,542			-			188,356
Total Construction loans		4,937			65,953			94,773			8,938			-			213			13,542			-			188,356
Consumer:
Home equity lines of credit:
Payment performance
Performing		-			-			-			-			-			-			36,198			369			36,567
Nonperforming		-			-			-			-			-			-			-			-			-
Total Home equity lines of credit		-			-			-			-			-			-			36,198			369			36,567
Other
Payment performance
Performing		-			-			-			15			-			315			1,082			-			1,412
Nonperforming		-			-			-			-			-			-			-			-			-
Total Other consumer loans		-			-			-			15			-			315			1,082			-			1,412
Current period gross charge-offs		-			-			-			-			-			3			-			-			3
Total loans	$	65,834		$	403,936		$	622,024		$	151,553		$	74,181		$	132,258		$	181,843		$	369		$	1,631,998
Total current period gross charge-offs	$	-		$	-		$	5		$	-		$	-		$	3		$	-		$	-		$	8

The recorded investment in loans and leases by risk category and by class of loans and leases as of December 31, 2022 follows.

	Not Rated			Pass			Special Mention			Substandard			Doubtful			Total
Commercial	$	-		$	422,673		$	4,651		$	19		$	80		$	427,423
Real estate:
Single-family residential		451,939			12,477			-			641			-			465,057
Multi-family residential		-			104,148			-			-			-			104,148
Commercial:
Non-owner occupied		-			168,731			955			-			-			169,686
Owner occupied		-			171,998			700			-			-			172,698
Land		-			32,708			-			-			-			32,708
Construction		3,084			180,520			518			-			-			184,122
Consumer:
Home equity lines of credit:
Originated for portfolio		30,730			-			-			18			-			30,748
Purchased for portfolio		-			-			-			-			-			-
Other		1,724			-			-			3			-			1,727
	$	487,477		$	1,093,255		$	6,824		$	681		$	80		$	1,588,317

Components Of Net Investment In Direct Financing Leases

	March 31, 2023			December 31, 2022
	(unaudited)
Total minimum lease payments to be received	$	20,855		$	22,533
Less: Unearned income		(1,567)			(1,798)
Plus: Indirect initial costs		29			33
Net investment in direct financing leases	$	19,317		$	20,768

Summary Of Future Minimum Lease Payments Receivable

2023, excluding the three months ended March 31, 2023		$	5,181
2024			6,358
2025			5,640
2026			3,000
2027			626
Thereafter			50
Total future minimum payments		$	20,855

X

- Definition

Allowance for Loan and Lease Losses Under Prior GAAP [Table Text Block]

+ References

No definition available.

+ Details

Name:	cfbk_AllowanceForLoanAndLeaseLossesUnderPriorGaapTableTextBlock
Namespace Prefix:	cfbk_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Loans And Leases Receivable Allowance For Credit Loss And Recorded Investment [Table Text Block]

+ References

No definition available.

+ Details

Name:	cfbk_LoansAndLeasesReceivableAllowanceForCreditLossAndRecordedInvestmentTableTextBlock
Namespace Prefix:	cfbk_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of Collateral-Dependent Loans by Loan Segment [Table Text Block]

+ References

No definition available.

+ Details

Name:	cfbk_ScheduleOfCollateralDependentLoansByLoanSegmentTableTextBlock
Namespace Prefix:	cfbk_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule Of Net Investment In Leases [Table Text Block]

+ References

No definition available.

+ Details

Name:	cfbk_ScheduleOfNetInvestmentInLeasesTableTextBlock
Namespace Prefix:	cfbk_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allowance for credit loss on financing receivable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11B
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953423-111524

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 13
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447

+ Details

Name:	us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919230-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 29
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953659-111524

+ Details

Name:	us-gaap_FinancingReceivableCreditQualityIndicatorsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of impaired financing receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5212-111524

+ Details

Name:	us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of aging analysis for financing receivable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 14
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919253-210447

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7A
-URI https://asc.fasb.org/extlink&oid=123577603&loc=SL6953401-111524

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 55
-Paragraph 80
-URI https://asc.fasb.org/extlink&oid=124267575&loc=SL82922355-210448

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524

+ Details

Name:	us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_ReceivablesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 30
-Section 50
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=124258985&loc=SL77919391-209981

+ Details

Name:	us-gaap_SalesTypeAndDirectFinancingLeasesLeaseReceivableMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of troubled debt restructurings in the periods following the restructuring, including: (1) a description of the portion of the recorded [restructured] debt which is contingently payable based on the occurrence of future events or circumstances; (2) the dollar amount of the portion of the recorded [restructured] debt which is contingently payable based on the occurrence of future events or circumstances; and (3) a description of the circumstance, events, or conditions that would cause payments to occur or the creditor to forgive the contingent portion of recorded debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 60
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=6402221&loc=d3e15765-112638

+ Details

Name:	us-gaap_ScheduleOfDebtorTroubledDebtRestructuringSubsequentPeriodsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of financing receivable on nonaccrual status.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=123577603&loc=d3e5111-111524

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 20
-Section 50
-Paragraph 16
-URI https://asc.fasb.org/extlink&oid=124255953&loc=SL82919258-210447

+ Details

Name:	us-gaap_ScheduleOfFinancingReceivablesNonAccrualStatusTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration