Timothy Meder
About Timothy Meder
C. Timothy Meder is Executive Vice President and Chief Commercial Credit Officer at CFBank, promoted in October 2022 after serving as Senior Vice President and Senior Credit Officer since May 2017. He has 25+ years in commercial banking, including 10 years at Fifth Third Bank with eight years as Regional Credit Officer across three Midwestern states, and prior M&A/ESOP advisory experience at Lazear Capital Partners; he holds a Bachelor’s in Economics from The Ohio State University . Company performance during his tenure shows TSR improving in 2024 versus 2023 and ongoing credit clean-up in 2025 (nonaccruals and past dues reduced), key execution areas for a chief credit officer .
Company performance indicators relevant to credit leadership:
| Metric | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Net Income ($USD Millions) | $18.2 | $16.9 | $13.4 |
| Total Shareholder Return (Value of $100) | $104 | $93 | $132 |
Credit quality trend (most recent reported periods):
| Metric | Dec 31, 2024 | Sep 30, 2025 |
|---|---|---|
| Nonaccrual Loans ($USD Millions) | $14.5 | $10.0 |
| Nonaccrual Loans (% of Total Loans) | 0.87% | 0.57% |
| Total Past Due Loans ($USD Millions) | $12.5 | $5.6 |
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| CFBank | Senior Vice President & Senior Credit Officer | May 2017–Oct 2022 | Led credit function; foundation for promotion to Chief Commercial Credit Officer |
| Lazear Capital Partners | Director (ESOP & M&A advisory) | Not disclosed | Transaction structuring; capital strategy experience leveraged in bank credit oversight |
| Fifth Third Bank | Commercial Credit roles; Regional Credit Officer (Middle Market) | 10 years total; 8 years RCO | Multi-state credit leadership; deep underwriting and portfolio risk experience |
External Roles
No current public-company directorships or external governance roles are disclosed for Meder .
Fixed Compensation
- Individual compensation disclosure: CF Bankshares’ proxies disclose “named executive officers” (CEO, CFO, CFBank President). Meder’s individual base salary and cash compensation are not separately disclosed as he is not a named executive officer .
- Company program structure: Executive compensation includes base salary, restricted stock (three-year vesting), annual performance-based cash incentives, 401(k) match and perquisites; stock options are authorized but none granted in recent years .
Performance Compensation
Company-level performance frameworks relevant to executive incentives (used in Deferred Cash Incentive Agreements for certain executives; Meder’s participation is not disclosed):
| Metric | Weighting | 2024 Target | 2024 Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Consolidated Return on Assets | Not disclosed | Threshold/Max set annually | Partial achievement | Credited to deferral accounts (amounts disclosed for O’Dell/Ringwald/Beerman only) | Lump-sum 4 years after crediting; accelerated on change-in-control, death/disability |
| Net Interest Margin | Not disclosed | Threshold/Max set annually | Partial achievement | See above | See above |
| Total Loan Growth | Not disclosed | Threshold/Max set annually | Partial achievement | See above | See above |
| Core Deposit Growth | Not disclosed | Threshold/Max set annually | Partial achievement | See above | See above |
Notes:
- Restricted stock awards under the 2019 Plan vest 1/3 annually over 3 years; options (if granted) vest over 3 years and have 10-year terms .
- 2024 incentive awards (cash/equity) are disclosed for named executives; Meder-specific awards are not disclosed .
Equity Ownership & Alignment
- Individual beneficial ownership: Meder’s individual share ownership is not separately tabulated in the beneficial ownership tables; the proxy lists directors and named executive officers individually, plus a group total for all directors and executive officers (11 persons) .
- Hedging and pledging: Insider Trading Policy prohibits short sales and certain hedging transactions for all directors, officers, and employees; pledging is not specifically discussed in the policy summary .
- Stock ownership guidelines: No specific executive stock ownership guidelines are disclosed in the proxies reviewed .
Employment Terms
- Employment agreements: Current employment agreements and severance/CIC terms are disclosed for CEO, CFBank President, and CFO; no employment agreement is disclosed for Meder .
- Clawback provisions: Company-level clawbacks apply to incentive compensation and deferred cash incentive programs; clawbacks for DCI are safety-and-soundness focused; employment agreements for certain executives include clawbacks for materially misleading financial statements .
Performance & Track Record (role-relevant)
- Credit clean-up and risk grading: Criticized/classified loans decreased by $7.2 million (21.8%) in 9M 2025; substandard loans down $5.4 million; special mention down $1.8 million .
- Nonaccruals and past dues: Nonaccrual loans fell to $10.0 million by Sep 30, 2025 (0.57% of loans), from $14.5 million at Dec 31, 2024 (0.87%); total past due loans decreased to $5.6 million from $12.5 million .
- Charge-offs and portfolio actions: Two commercial loans (one relationship) charged off for $7.0 million in Q3 2025; single-family residential loan transferred to foreclosed assets in Q1 2025 and sold in Q3 2025 .
- Capital adequacy: CFBank remains well-capitalized; CET1 13.74%, Tier 1 13.74%, Total Capital 14.88%, Leverage 11.19% as of Sep 30, 2025 .
Compensation Committee & Governance (context)
- Compensation Committee (independent directors): Robert E. Hoeweler (Chair), Edward W. Cochran, James H. Frauenberg; responsible for executive pay oversight and equity plan administration .
- Equity plan capacity: 2019 Equity Incentive Plan increased to 500,000 shares in May 2024 to maintain long-term incentive flexibility .
Investment Implications
- Alignment and retention: Meder’s individual pay and equity holdings are not disclosed, limiting granularity on his personal at-risk pay mix and equity alignment. Company-wide policies (anti-hedging; performance-linked incentives; multi-year vesting on equity) support alignment incentives generally .
- Execution risk: Credit improvement through 2025 (lower nonaccruals/past dues; reduced criticized/classified balances) is constructive for a Chief Credit Officer, albeit with notable Q3 2025 commercial charge-offs indicating active loss recognition and portfolio de-risking .
- Change-in-control/severance optics: Robust CIC/severance terms exist for certain executives, with full equity vesting on qualifying events; Meder’s specific terms are not disclosed, moderating conclusions on his individual retention risk and potential sale-related payouts .
- Trading signals: Without Form 4 data for Meder, insider selling/buying pressure cannot be assessed here. The Insider Trading Policy’s pre-clearance and anti-hedging provisions reduce speculative trading risks by insiders .
Sources: Company DEF 14A (2025, 2024) and 10-Q (Q3 2025) as cited above.