secwatch.observer — SEC 8-K summary
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Issuer:     Affinity Bancshares, Inc. (AFBI)
CIK:        0001823406
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0000950170-24-117438
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Affinity Bancshares Q3 net income rises to $1.73M; diluted EPS $0.26
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- Net income of $1.73M for Q3 2024 vs $1.62M in Q3 2023; diluted EPS $0.26 vs $0.25.
- Total assets $878.6M; loans $697.6M; deposits $683.8M; net interest margin 3.52%.
- Return on average assets 0.78%; return on average equity 5.43%; efficiency ratio 71.48%.
- Tangible book value per share $17.18, up from $15.63 a year ago.
- Non-owner occupied office loans $32.7M with 46.6% avg LTV; uninsured deposits 15.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823406/000095017024117438/0000950170-24-117438-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823406/000095017024117438/afbi-20241025.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-117438

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