Federal Home Loan Bank (“FHLB”) advances and other debt were as follows:


	Weighted
	Average Rate			June 30, 2025		December 31, 2024
				(unaudited)
FHLB fixed rate advances:
Maturities:
2025	N/A			$	—	$	—
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				$	58,000	$	58,000
Variable rate other debt:
Holding Company credit facility		6.00	%		42,947		34,680
Total				$	100,947	$	92,680

Each FHLB advance is payable at its maturity date, with a prepayment penalty for fixed-rate advances.

The FHLB advances were collateralized as follows:


	June 30, 2025		December 31, 2024
	(unaudited)
Single-family mortgage loans	$	305,560	$	294,000
Multi-family mortgage loans		44,540		54,950
Commercial Real Estate loans (1-4 family)		10,443		9,974
Home equity lines of credit		3,587		3,505
Cash		—		3,300
Total	$	364,130	$	365,729

Based on the collateral pledged to the FHLB, CFBank was eligible to borrow up to a total of $231,999 from the FHLB at June 30, 2025 inclusive of the amount outstanding.

There were no outstanding borrowings with the Federal Reserve Bank (“FRB”) at June 30, 2025 and December 31, 2024.

Assets pledged as collateral with the FRB were as follows:


	June 30, 2025		December 31, 2024
	(unaudited)
Commercial Loans	$	42,859	$	42,807
Commercial Real Estate loans		130,790		121,196
Total	$	173,649	$	164,003

Based on the collateral pledged, CFBank was eligible to borrow up to $138,940 from the FRB at June 30, 2025.

At June 30, 2025, 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, 2025 and December 31, 2024. 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.

The Holding Company has a credit facility with a third-party bank. Prior to April 30, 2025, the credit facility was $35,000 with a revolving feature 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 bore interest at a fixed rate of 3.85% until May 21, 2026, at which time the interest rate then converted to a floating rate equal to PRIME with a floor of 3.25%. Effective April 30, 2025, an additional $10,000 revolving line of credit was added to the credit facility and the interest rate was amended to reset the fixed rate to 6.00% until May 21, 2026, at which time the rate will then convert to a floating rate equal to PRIME. The $10,000 revolving line of credit matures on April 30, 2027. The revolving line of credit provided an additional $10,000 that was injected as additional Tier 1 capital into CFBank during the second quarter of 2025. At June 30, 2025, the Company had an outstanding balance, net of unamortized debt issuance costs, of $42,947 on the facility.

Contractual maturities of the Holding Company credit facilities as of June 30, 2025 were as follows:


2025, excluding the six months ended June 30, 2025	$	—
2026		1,750
2027		12,625
2028		2,625
2029		3,500
Thereafter		22,750
Less - unamortized debt issuance costs		(303	)
	$	42,947