Affinity Bancshares Inc. 2026年度季度报告

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company.See the definitions of “large accelerated filer,” “accelerated filer,” “smaller If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES☐NO☒ As of May 6, 2026, 6,094,885 shares of the Registrant’s common stock, par value $0.01 per share, were outstanding. Affinity Bancshares, Inc.Form 10-Q Table of Contents PART I. FINANCIAL INFORMATION Item 1.Financial Statements Consolidated Balance Sheets at March 31, 2026 (unaudited) and December 31, 2025Consolidated Statements of Income for the Three Months Ended March 31, 2026 and 2025 (unaudited) Consolidated Statements of Comprehensive Income for the Three Months Ended March 31, 2026 and2025 (unaudited)Consolidated Statements of Changes in Stockholders’ Equity for the Three Months Ended March 31,2026 and 2025 (unaudited)Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025(unaudited)Notes to Unaudited Consolidated Financial StatementsManagement’s Discussion and Analysis of Financial Condition and Results of OperationsQuantitative and Qualitative Disclosures About Market RiskControls and Procedures PART II. OTHER INFORMATION Item 1.Legal ProceedingsItem 1A.Risk Factors PART I – FINANCIAL INFORMATION AFFINITY BANCSHARES, INC.Consolidated Balance Sheets AFFINITY BANCSHARES, INC.Consolidated Statements of Income(unaudited) (unaudited) Three Months Ended March 31,20262025(In thousands)Net income$2,284$1,831 AFFINITY BANCSHARES, INC.Consolidated Statements of Cash Flows(unaudited) AFFINITY BANCSHARES, INC. (1)Nature of Operations Affinity Bancshares, Inc. (the “Company”) is a bank holding company, headquartered in Covington, Georgia. The Companyhas one operating subsidiary, Affinity Bank, National Association (the “Bank”, and formerly named “Affinity Bank”), anational bank, conducting banking activities primarily in Newton County, Georgia and surrounding counties and in Cobb andFulton Counties, Georgia and surrounding counties, and originating dental practice loans and indirect automobile loansthroughout the Southeastern United States. The Bank offers such customary banking services as consumer and commercialchecking accounts, savings accounts, certificates of deposit, mortgage, commercial and consumer loans, including indirectautomobile loans, money transfers and a variety of other banking services. The Company was incorporated in 2020 to be the Basis of Presentation The accompanying unaudited consolidated financial statements and notes thereto contain all adjustments, consisting only ofnormal recurring adjustments, necessary to present fairly, in accordance with accounting principles generally accepted in theUnited States of America (“GAAP”), the financial position of the Company as of March 31, 2026 and the results of itsoperations and its cash flows for the periods presented. The interim consolidated financial information should be read in Use of Estimates– The preparation of financial statements in conformity with GAAP requires management to make estimatesand assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities atthe date of the consolidated financial statements and the reported amounts of revenues and expenses during the reported period.Actual results could differ from those estimates. Material estimates common to the banking industry that are particularly Summary of Significant Accounting Policies – The accounting and reporting policies of the Company conform to GAAP andgeneral practices within the banking industry. There have been no material changes or developments in the application ofprinciples or in our evaluation of the accounting estimates and the underlying assumptions or methodologies that we believe to Earnings per Share Basic earnings per common share are calculated by dividing net income available to common shareholders by the weightedaverage number of common shares outstanding during the period. Diluted earnings per common share are calculated bydividing net income available to common shareholders by the weighted average number of shares adjusted for the dilutive Net income AFFINITY BANCSHARES, INC. Notes to Unaudited Consolidated Financial Statements There were 7,000anti-dilutive op