secwatch.observer — SEC 8-K summary
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Issuer:     Affinity Bancshares, Inc. (AFBI)
CIK:        0001823406
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0000950170-25-061896
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Affinity Bancshares Q1 2025 net income up 37% to $1.831M; EPS $0.28 vs $0.20 YoY
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- Net income $1.831M ($0.28 diluted EPS) vs $1.335M ($0.20) in Q1 2024, a 37% increase.
- Adjusted diluted EPS (non-GAAP) $0.30, up from $0.21 in prior-year quarter.
- Total assets grew 5.3% to $912.5M; deposits rose 8.5% to $730.3M.
- Net interest margin improved to 3.52% from 3.38%; efficiency ratio dropped to 68.55% from 75.96%.
- Tangible book value per share $16.40, down from $17.30 at Dec 31, 2024, due to $8.8M dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823406/000095017025061896/0000950170-25-061896-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823406/000095017025061896/afbi-20250501.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-061896

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