secwatch.observer — SEC 8-K summary
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Issuer:     Affinity Bancshares, Inc. (AFBI)
CIK:        0001823406
Form:       8-K
Filed at:   2022-04-26T23:59:59+00:00
Accession:  0000950170-22-006164
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Affinity Bancshares Q1 net income down to $1.8M from $2.1M YoY; NIM 4.53%
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- Net income $1.8M vs $2.1M in Q1 2021; ROAA 0.97%, ROAE 5.97%.
- Net interest margin 4.53% (vs 4.65% YoY); provision for loan losses $250K.
- Total assets $760.2M (-$27.9M); deposits up $13.2M to $628M.
- Net loans up $17.1M to $592.9M; non-performing loans down to $6.3M.
- Repurchased 253,779 shares for $3.9M at avg $15.53/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823406/000095017022006164/0000950170-22-006164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823406/000095017022006164/afbi-20220422.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-006164

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer