---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-035186"
form_type: "8-K"
ticker: "AFBI"
cik: "0001823406"
company_name: "Affinity Bancshares, Inc."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:51:15.748474+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Affinity Bancshares Q2 net income $1.6M, down from $1.8M YoY; NIM 3.17% vs 4.06%

## Summary
- Net income $1.590M (diluted EPS $0.24) vs $1.783M ($0.27) in Q2 2022.
- Net interest margin 3.17% for Q2 2023 vs 4.06% a year earlier; efficiency ratio 71.68%.
- Total assets $876.9M (+10.8% YoY), loans $663M, deposits $731M.
- Tangible book value per share $15.47, up from $14.68 a year ago.
- Uninsured deposits 12.8% of total; cost of funds 2.17% in Q2 2023.

## SEC filing metadata
- accession: 0000950170-23-035186
- form_type: 8-K
- ticker: AFBI
- cik: 0001823406
- company_name: Affinity Bancshares, Inc.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1823406/000095017023035186/0000950170-23-035186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823406/000095017023035186/afbi-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-035186
- JSON: https://secwatch.observer/filing/0000950170-23-035186.json
- Plain text: https://secwatch.observer/filing/0000950170-23-035186.txt

## Key facts
- Earnings Releases
  Affinity Bancshares, Inc. reported the three months ended June 30, 2023 results: net income $ 1,590, EPS 0.24.
  - Period: the three months ended June 30, 2023
  - Net income: $ 1,590
  - EPS: 0.24
  - Result: reported results
  source text: At or for the three months ended, Performance Ratios: June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 Net income (in thousands) $ 1,590 $ 1,722 $ 1,699 $ 1,861 $ 1,783 Diluted earnings per share 0.24 0.26 0.26 0.27 0.27
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823406/000095017023035186/0000950170-23-035186-index.htm

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