Affinity Bancshares Q3 net income $1.8M, down from $1.9M YoY; 9-month net income $6.3M vs $1.7M

Affinity Bancshares, Inc.

2021-Q3 EPS reported $0.89

Net income $1.8M for Q3 2021 vs $1.9M for Q3 2020; net interest margin 3.78% vs 3.81%.
Nine-month net income $6.3M vs $1.7M, boosted by absence of $2.8M in merger expenses from 2020.
Total assets $790M at Sep 30, down $60.7M from Dec 31, 2020; loans decreased $27.4M to $571.2M.
Non-performing loans increased to $6.2M from $4.9M; allowance for loan losses 1.33% of total loans.
Jan 2021 stock offering raised $37.1M; stockholders' equity $119.7M vs $80.8M at Dec 31, 2020.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.