---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-013387"
form_type: "8-K"
ticker: "AFBI"
cik: "0001823406"
company_name: "Affinity Bancshares, Inc."
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:39:50.294172+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Q2 net income $1.8M vs $2.3M YoY; net interest margin steady at 4.06%

## Summary
- Net income $1.8M in Q2 2022 vs $2.3M in Q2 2021; six-month net income $3.6M vs $4.5M.
- Net interest margin unchanged at 4.06% Q2; cost of interest-bearing liabilities down to 0.47% from 0.70%.
- Net loans increased $38.5M to $614.4M; loan-to-deposit ratio 98.1% vs 93.7% at Dec 2021.
- Repurchased 308,602 shares for $4.8M at avg $15.48/share.
- Non-performing loans flat at $7.0M; allowance for loan losses 1.44% of total loans.

## SEC filing metadata
- accession: 0000950170-22-013387
- form_type: 8-K
- ticker: AFBI
- cik: 0001823406
- company_name: Affinity Bancshares, Inc.
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823406/000095017022013387/0000950170-22-013387-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823406/000095017022013387/afbi-20220726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-013387
- JSON: https://secwatch.observer/filing/0000950170-22-013387.json
- Plain text: https://secwatch.observer/filing/0000950170-22-013387.txt

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