CF BANKSHARES INC. (CFBK) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income on loans	63.7	51.3	41.9	33.8	23.9	16.5	14.1	12.1
Interest income on repurchase agreements	2.8	0.1	0.2	0.9	0.7	0.4	0.2	0.1
Total interest income	67.8	52.3	42.4	35.1	24.9	17.2	14.4	12.4
Interest expense:
Interest on deposits	16.0	8.0	11.9	11.7	6.1	3.1	2.7	2.2
Interest on borrowings	2.0	1.4	1.7	0.7	0.6	0.3	0.3	0.2
	19.0	10.3	14.6	13.4	7.0	3.5	3.1	2.6
Net interest income	86.7	62.7	57.0	48.5	17.9	13.7	11.3	9.8
Provision for loan losses							0.2	0.3
Net interest income after provision for loan losses	86.7	62.7	57.0	48.5	17.9	13.7	11.1	9.5
Deposit and loan fees							0.7	0.5
Gain on sale of investments, net								0.0
Other non-interest income	3.2	11.6	60.0	11.7	2.7	0.7	0.4	0.9
Total non-interest income	3.2	11.6	60.0	11.7	2.7	0.7	1.2	1.3
Non-interest expenses	28.6	32.5	40.6	21.4	15.3	11.0	9.8	9.6
Pre-tax income before non-recurring items	23.2	28.7	94.6	22.5	7.3	3.5	2.4	1.3
Non-recurring items	0.7	5.9	58.3	10.5	1.9	0.1
Pre-tax income	22.6	22.8	36.3	12.0	5.3	3.5	2.4	1.3
Income taxes	4.4	4.4	6.7	2.4	1.1	2.1	0.8	-3.2
Tax rate	19.6%	19.1%	18.4%	20.3%	19.8%	61.1%	33.2%
Net income	18.2	18.5	29.6	9.6	4.3	0.7	0.8	3.6
Net margin	20.2%	24.8%	25.3%	15.9%	20.7%	4.7%	6.3%	33.2%

Basic EPS	$2.84	$2.84	$4.91	$2.10	$1.00	$0.19	$0.05	$0.16
Diluted EPS	$2.78	$2.77	$4.85	$2.07	$0.98	$0.19	$0.05	$0.16

Shares outstanding (basic)	6.4	6.5	6.0	4.6	4.3	3.5	16.1	22.7
Shares outstanding (diluted)	6.5	6.7	6.1	4.6	4.3	3.5	16.1	22.7

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.