---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-002510"
form_type: "8-K"
ticker: "AFBI"
cik: "0001823406"
company_name: "Affinity Bancshares, Inc."
filed_at: "2021-10-29T23:59:59+00:00"
generated_at: "2026-06-28T16:18:40.373126+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-21-002510
- form_type: 8-K
- ticker: AFBI
- cik: 0001823406
- company_name: Affinity Bancshares, Inc.
- filed_at: 2021-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823406/000095017021002510/0000950170-21-002510-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823406/000095017021002510/afbi-20211027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-002510
- JSON: https://secwatch.observer/filing/0000950170-21-002510.json
- Plain text: https://secwatch.observer/filing/0000950170-21-002510.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.