---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-015316"
form_type: "8-K"
ticker: "AFBI"
cik: "0001823406"
company_name: "Affinity Bancshares, Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:19:52.795301+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Affinity Bancshares Q1 net income $1.72M, EPS $0.26; total assets up 22% YoY

## Summary
- Net income $1,722K vs $1,791K YoY ($0.26 diluted EPS flat).
- Total assets $932.3M, up 22% from $760.2M a year ago.
- Net interest margin contracted to 3.58% from 4.47% YoY.
- Tangible book value per share $15.20 vs $14.75 prior year.
- Estimated uninsured deposits $91.9M, 12.2% of total deposits.

## SEC filing metadata
- accession: 0000950170-23-015316
- form_type: 8-K
- ticker: AFBI
- cik: 0001823406
- company_name: Affinity Bancshares, Inc.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823406/000095017023015316/0000950170-23-015316-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823406/000095017023015316/afbi-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-015316
- JSON: https://secwatch.observer/filing/0000950170-23-015316.json
- Plain text: https://secwatch.observer/filing/0000950170-23-015316.txt

## Key facts
- Earnings Releases
  Affinity Bancshares, Inc. reported the quarter ended March 31, 2023 results: net income $1.7 million, EPS 0.26.
  - Period: the quarter ended March 31, 2023
  - Net income: $1.7 million
  - EPS: 0.26
  - Result: reported results
  source text: On April 27, 2023, Affinity Bancshares, Inc. issued a press release announcing its financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823406/000095017023015316/0000950170-23-015316-index.htm
- Earnings Releases
  Affinity Bancshares, Inc. reported the three months ended March 31, 2023 results: net income $1.7 million, EPS 0.26.
  - Period: the three months ended March 31, 2023
  - Net income: $1.7 million
  - EPS: 0.26
  - Result: reported results
  source text: Affinity Bancshares, Inc. (NASDAQ:“AFBI”) (the “Company”), the holding company for Affinity Bank (the “Bank”), today announced net income of $1.7 million for the three months ended March 31, 2023, as compared to $1.8 million for the three months ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823406/000095017023015316/0000950170-23-015316-index.htm

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