Central Federal Corp (CFBK): Thomas P Ash , director of Central Federal Corp purchased 410 shares on May 20, 2016. The Insider buying transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.35 per share for a total value of $553.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 20, 2016, Robert E Hoeweler (director) purchased 2,000 shares at $1.39 per share price.On Jun 2, 2015, Thomas P Ash (director) purchased 1,000 shares at $1.38 per share price.Also, On Jun 2, 2015, Timothy T O’dell (CEO) purchased 9,100 shares at $1.38 per share price.On May 28, 2015, John W Jr Helmsdoerfer (CFO) purchased 1,000 shares at $1.39 per share price.
Central Federal Corporation (CFBK) witnessed a volatile trading activity on Friday May 20, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $1.35 and reached the intraday high at $1.4. The bulls started the profit booking and pushed the shares to intraday low of $1.35. The trading session was marked by a volume range of 4,337 shares exchanging hands. The 52-week high of the shares is $1.5 and the 52-week low is $1.1. The market cap of the company stands at $21,632 M and there are 16,02,40,00,000 shares in public circulation.
Central Federal Corporation is a holding company of CFBank. CFBank is a savings institution. The Company attracts retail and business deposits from the general public and use the deposits together with borrowings and other funds primarily to originate commercial and commercial real estate loans single-family and multi-family residential mortgage loans and home equity lines of credit. The majority of the Company’s customers are small businesses small business owners and consumers. The Company’s primary sources of funds are retail and business deposit accounts and certificates of deposit brokered certificates of deposit and to a lesser extent principal and interest payments on loans and securities Federal Home Loan Bank (FHLB) advances other borrowings and proceeds from the sale of loans. The loan portfolio consists primarily of commercial commercial real estate and multi-family mortgage loans mortgage loans secured by single-family residences and consumer loans.