Affinity Bancshares, Inc.

NASDAQ•AFBI

CEO: Mr. Edward J. Cooney CPA, CPA

Sector: Financial Services

Industry: Banks - Regional

Listing Date: 2017-04-28

Affinity Bancshares, Inc. operates as the holding company for Affinity Bank that provides various banking products and services in Georgia. The company offers various deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts, as well as Kasasa (rewards) deposit program for checking accounts with interest rates or cash-back rewards. It offers commercial and residential real estate, commercial and industrial, residential mortgage, construction and land, and consumer loans, as well as balloon and adjustable-rate loans. In addition, the company invests in U.S. treasury securities; securities issued by the U.S. government and its agencies, or government sponsored enterprises, including mortgage-backed securities and collateralized mortgage obligations; corporate and municipal bonds; certificates of deposit in other financial institutions; and federal and money market funds. Further, it operates a virtual bank under the name FitnessBank, which accepts deposits and provides higher interest rates based on customers meeting certain fitness goals. Affinity Bancshares, Inc. was founded in 1928 and is headquartered in Covington, Georgia.

Contact Information

3175 Highway 278, Covington, GA, 30014, United States

770-786-7088

myaffinitybank.com

Market Cap

$137.26M

P/E (TTM)

15.6

16.8

Dividend Yield

52W High

$22.52

52W Low

$18.20

52W Range

100%

Rank44Top 53.8%

3.7

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 3.7 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$12.35M+0.00%

4-Quarter Trend

EPS

$0.37+0.00%

4-Quarter Trend

FCF

$4.36M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Surges 53 Percent Net income increased $2.9M, or 53.1%, to $8.33M, driven by higher net interest income and reduced noninterest expenses.

NIM Expands to 3.59 Percent Net interest margin improved 5 basis points to 3.59%; loan yields increased 15 basis points, outpacing deposit cost increases.

Asset Quality Shows Strength Non-accrual loans fell to $3.57M (0.48% ratio); Allowance for Credit Losses coverage improved significantly to 251.94%.

Loan Portfolio Grows Moderately Gross loans grew 4.0% to $742.7M, with continued strategic growth noted in construction lending activities during the year.

Risk Factors

Interest Rate Risk Exposure Majority of assets and liabilities are interest-sensitive; modeling shows potential NIM compression under adverse rate scenarios.

Rising Funding Costs Interest expense increased 5.7% ($1.1M), primarily due to higher rates paid on deposits, increasing overall cost of funds.

Capital Ratios Decline Slightly CET1 ratio decreased to 12.04% from 12.96% in 2024, though the bank remains well capitalized under regulatory standards.

Concentrated Loan Exposure Commercial real estate loans represent 45.8% of the total portfolio, exposing the bank to localized real estate market fluctuations.

Outlook

Deposit Retention Strategy Anticipate retaining significant portion of maturing time deposits; may utilize FHLB advances if retention targets are not met.

Cybersecurity Program Review Information security program is aligned with NIST framework, reviewed periodically to mitigate severe external cyber threats.

Loan Diversification Efforts Continue strategic focus on increasing construction lending to diversify the loan portfolio mix away from residential mortgages.

Capital Distribution Constraints Ability to pay dividends or repurchase stock is subject to maintaining capital conservation buffer and Federal Reserve guidance.

Peer Comparison

Revenue (TTM)

FGBI

$216.32M

-12.2%

SBFG

$93.57M

+11.9%

RMBI

$91.32M

+5.5%

Gross Margin (Latest Quarter)

SBFG

71.7%

+3.1pp

RBKB

69.6%

+19.1pp

PROV

65.5%

+6.6pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
RBKB	$185.49M	18.2	7.4%	1.3%
FGBI	$175.51M	-3.6	-20.2%	5.0%
ECBK	$169.13M	16.2	5.6%	15.8%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-2.6%

Flat Growth

4Q Net Income CAGR

2.0%

Profitability Slowly Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data