secwatch.observer — SEC 8-K summary
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Issuer:     Affinity Bancshares, Inc. (AFBI)
CIK:        0001823406
Form:       8-K
Filed at:   2024-07-26T23:59:59+00:00
Accession:  0000950170-24-086925
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Affinity Bancshares Q2 net income falls 35% to $1.0M; EPS $0.16
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- Net income $1.0M vs $1.6M a year ago; diluted EPS $0.16 vs $0.24.
- Net interest margin improved to 3.71% from 3.17% year ago.
- Efficiency ratio worsened to 78.74% from 71.68% year ago.
- Total assets $872.6M, loans $692.6M, deposits $689.7M.
- Tangible book value per share increased to $16.64 from $15.47.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823406/000095017024086925/0000950170-24-086925-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823406/000095017024086925/afbi-20240726.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-086925

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