secwatch.observer — SEC 8-K summary
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Issuer:     Affinity Bancshares, Inc. (AFBI)
CIK:        0001823406
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0000950170-22-020189
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Affinity Bancshares Q3 net income $1.9M, EPS $0.27; net interest margin expands to 4.12%
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- Net income of $1.9M for Q3 2022, up from $1.8M in Q3 2021; diluted EPS $0.27 vs $0.26.
- Net interest margin rose to 4.12% from 3.74% YoY, supporting revenue growth.
- Gross loans grew to $649.4M at Sep 30, 2022, up 20% from $539.6M a year earlier.
- Efficiency ratio slightly weakened to 67.62% from 65.87% YoY.
- Total assets $776.4M; return on average assets 0.95% vs 0.91% prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823406/000095017022020189/0000950170-22-020189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823406/000095017022020189/afbi-20221026.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-020189

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