Every 8-K 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 8-K covers material events a company has to report between its quarterly 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. describes progress on its previously announced merger with Fidelity BancShares (N.C.), Inc., The Fidelity Bank, and a merger subsidiary under an Agreement and Plan of Merger. The structure involves successive mergers in which Fidelity Bank will be the surviving bank.
The companies state that the mergers are expected to close on August 1, 2026, subject to the satisfaction of customary closing conditions. They include extensive forward-looking statements language highlighting that various economic, regulatory, reputational, and transactional risks could delay, alter, or prevent completion of the mergers.
Affinity Bancshares, Inc. outlines progress on its previously announced merger with Fidelity BancShares (N.C.), Inc. and The Fidelity Bank. Under the Agreement and Plan of Merger, a newly formed Merger Sub will first merge into Affinity Bancshares, which will then merge into Fidelity Bank, and Affinity Bank, National Association will also merge into Fidelity Bank.
The companies state that Fidelity BancShares and Fidelity Bank have received all required regulatory approvals and non-objections needed to complete these Mergers. Closing is expected during the third quarter of 2026, subject to satisfaction of customary closing conditions and the other terms of the Agreement. Extensive forward-looking statement language highlights potential risks, including failure to satisfy remaining conditions, integration challenges, economic changes, and other factors described in Affinity’s periodic reports.
Affinity Bancshares, Inc. reports that stockholders approved the mergers outlined in its Agreement and Plan of Merger with Fidelity BancShares (N.C.), Inc. and The Fidelity Bank at a Special Meeting of Stockholders held on July 7, 2026.
The merger proposal received 4,169,011 votes for, 24,648 against and 5,019 abstentions, with no broker non-votes. Stockholders also approved, on an advisory and non-binding basis, potential executive compensation related to the mergers, with 3,809,359 votes for, 384,329 against and 4,990 abstentions.
Affinity Bancshares, Inc. reported stronger first quarter 2026 results, with net income of $2.3 million for the three months ended March 31, 2026, up from $1.8 million a year earlier. Diluted earnings per share rose to $0.36 from $0.28, reflecting a 24.7% increase in earnings and a 24.1% increase in diluted EPS from first quarter 2025.
Net interest income improved to $7.6 million, supported by higher loan and interest-earning deposit income, while noninterest expense declined to $5.2 million, mainly from lower salaries and benefits. Total assets reached $924.7 million, loans grew to $751.8 million, and deposits to $734.3 million. Return on assets was 1.00% and return on equity was 7.19%, with tangible book value per share increasing to $18.30.
Affinity Bancshares, Inc. agreed to be acquired by Fidelity Bank in an all‑cash merger valuing Affinity at approximately $142.8 million. Affinity stockholders will receive $23.00 in cash per share, subject to adjustment based on adjusted stockholders’ equity at closing.
The deal, unanimously approved by both boards, is expected to close in the third quarter of 2026, pending regulatory and stockholder approvals and other customary conditions. Affinity and Fidelity also entered into director support agreements and executive settlement agreements that provide cash payments and impose post‑employment non‑compete and non‑solicitation covenants on key executives.
Affinity Bancshares, Inc. furnished a current report noting that it has released its financial results for the quarter ended December 31, 2025. The company issued a press release and supplemental financial information dated January 23, 2026, which provide details on its operations and financial condition for the period.
The press release is included as Exhibit 99.1 and the supplemental financial information as Exhibit 99.2, with both furnished to the SEC rather than filed. The report is signed on behalf of Affinity Bancshares, Inc. by Brandi Pajot, Senior Vice President and Chief Financial Officer.
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.
Affinity Bancshares, Inc. filed a current report to let investors know it has released its financial results for the quarter ended September 30, 2025. The company did this by issuing a press release on October 24, 2025, which is furnished as Exhibit 99.1, along with supplemental financial information furnished as Exhibit 99.2. These materials are provided to the SEC for informational purposes and are expressly noted as being furnished rather than filed.
Affinity Bancshares, Inc. reported that its Boards of Directors have extended the employment agreements of key executives at the holding company and its wholly owned subsidiary, Affinity Bank.
The agreements for President and Chief Executive Officer Edward J. Cooney and Executive Vice President and Chief Credit Officer Clark N. Nelson now run through September 1, 2028. The agreements for Chief Financial Officer Brandi Pajot and Executive Vice President of Lending Elizabeth M. Galazka now run through September 1, 2027.
The company stated that there were no other changes to the terms of these employment agreements, indicating a focus on leadership continuity without altering compensation or other contractual provisions.