Affinity Bancshares (NASDAQ: AFBI) adopts 5% common stock repurchase plan

Rhea-AI Filing Summary

Affinity Bancshares, Inc. reported that its Board of Directors adopted a new stock repurchase program. Under this program, the company may buy back up to 304,524 shares of its common stock, which is described as approximately 5% of the current outstanding shares. The company also issued a press release about this action, which is attached as an exhibit.

Insights

Bank capital management analyst

Affinity authorizes buybacks of up to 5% of its shares.

Affinity Bancshares, Inc. has approved a stock repurchase program covering up to 304,524 common shares, noted as about 5% of current shares outstanding. A repurchase authorization gives the company flexibility to return capital to shareholders by buying shares in the market or through other permitted methods.

Because this is an authorization, actual impact depends on how many shares are ultimately repurchased, at what prices, and over what period. Repurchases can reduce share count and modestly improve per-share metrics if executed at prices the board views as reasonable.

Investors can look to future company communications and periodic reports for updates on how many of the 304,524 authorized shares have been repurchased and how the program fits within overall capital and balance sheet management.

false000182340600018234062026-01-072026-01-07

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 7, 2026

AFFINITY BANCSHARES, INC.

(Exact Name of Registrant as Specified in Charter)

Maryland	001-39914	82-1147778
(State or Other Jurisdiction of Incorporation)	(Commission File No.)	(I.R.S. Employer Identification No.)

3175 Highway 278, Covington, Georgia	30014
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (770) 786-7088

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class		Trading symbol(s)		Name of each exchange on which registered
Common stock, par value $0.01 per share		AFBI		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

On January 7, 2026, the Board of Directors of Affinity Bancshares, Inc. announced the adoption of a repurchase program.  Under the repurchase program, the Company may repurchase up to 304,524 shares of its common stock, or approximately 5% of the current outstanding shares.

A copy of the press release announcing the declaration of the dividend is attached to this Current Report on Form 8-K as Exhibit 99.1 and is hereby incorporated by reference.

Item 9.01 Financial Statements and Exhibits 

                                         (d)    Exhibits

Exhibit No. Description

99.1 Press Release, dated January 7, 2026

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

		AFFINITY BANCSHARES, INC.
DATE: January 7, 2026	By:	/s/ Brandi Pajot
		Brandi Pajot
		Senior Vice President and Chief Financial Officer

FAQ

What did Affinity Bancshares (AFBI) announce in this 8-K filing?

Affinity Bancshares, Inc. announced that its Board of Directors adopted a stock repurchase program under which the company may repurchase up to 304,524 shares of its common stock, described as about 5% of current outstanding shares.

How many shares can Affinity Bancshares (AFBI) repurchase under the new program?

The repurchase program authorizes Affinity Bancshares, Inc. to buy back up to 304,524 shares of its common stock, which the company states is approximately 5% of the current outstanding shares.

What percentage of Affinity Bancshares (AFBI) outstanding shares does the repurchase cover?

The stock repurchase program covers up to shares equal to approximately 5% of Affinity Bancshares, Inc.'s current outstanding common stock.

Did Affinity Bancshares (AFBI) issue a press release about the repurchase program?

Yes. Affinity Bancshares, Inc. indicated that a press release related to this action is attached as Exhibit 99.1 and incorporated by reference.

What type of security is affected by Affinity Bancshares (AFBI)'s repurchase program?

The repurchase program applies to Affinity Bancshares, Inc.'s common stock, which has a par value of $0.01 per share and trades on The Nasdaq Stock Market LLC under the symbol AFBI.

Who signed the Affinity Bancshares (AFBI) 8-K reporting the repurchase program?

The report was signed on behalf of Affinity Bancshares, Inc. by Brandi Pajot, who is the company’s Senior Vice President and Chief Financial Officer.