Every 10-Q that Affinity Bancshares, Inc. (AFBI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AFBI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AFBI filings page.
Affinity Bancshares, Inc. reported stronger quarterly results and agreed to be acquired. Net income for the three months ended March 31, 2026 rose to $2.3 million from $1.8 million a year earlier, with diluted EPS increasing to $0.36 from $0.28. Loans grew to $751.8 million and deposits to $734.3 million, helping lift total assets to $924.7 million. Credit quality remained stable, with an allowance for credit losses of $8.9 million (1.18% of loans) and net charge-offs of $105,000. Liquidity improved as cash and cash equivalents climbed to $89.4 million, and the bank remained well capitalized. On March 30, 2026, the company entered a Merger Agreement under which each share will be converted into the right to receive $23.00 in cash, subject to an equity-based adjustment, with closing expected in the third quarter of 2026 pending regulatory and shareholder approvals.
Affinity Bancshares (AFBI) reported third‑quarter results, showing steady core performance. Net income was $2.2 million, up from $1.7 million a year ago, with diluted EPS of $0.34 versus $0.26. Net interest income rose to $7.8 million from $7.4 million as interest income increased while interest expense remained elevated. Provision for credit losses was minimal at $12 thousand, and noninterest expenses declined year over year.
Total assets reached $925.2 million, driven by loan growth to $729.5 million and higher cash and equivalents of $84.8 million. Deposits grew to $739.4 million, while Federal Home Loan Bank advances were $54.0 million. The allowance for credit losses on loans was $8.6 million. For the nine months, net income was $6.2 million versus $4.1 million last year. Stockholders’ equity was $125.4 million, aided by improved accumulated other comprehensive loss as securities valuations recovered.
Affinity Bancshares, Inc. reported continued balance-sheet growth and improved profitability for the period ended June 30, 2025. Total assets rose to $933.8 million, up $67.0 million (7.8%), driven by loan growth to $731.1 million and a larger cash position with cash and cash equivalents of $89.7 million. Total deposits increased 11.3% to $749.3 million, supporting a loan-to-deposit ratio of 97.6%.
Profitability strengthened: net income for the quarter was $2.152 million (basic EPS $0.34, diluted EPS $0.33), and six-month net income was $3.983 million. Net interest income before provision rose modestly to $7.778 million, though net interest margin compressed to 3.57% from 3.71%. Credit metrics were stable with an allowance for credit losses of $8.542 million (about 1.17% of loans) and a small provision this quarter. Equity declined to $124.1 million primarily due to an $8.8 million special dividend and $2.1 million of share repurchases. The investment portfolio carried approximately $6.7 million of unrealized losses, largely attributed to market rate movements.