Affinity Bancshares Files 8-K on Operations & Financial Condition
Ticker: AFBI · Form: 8-K · Filed: Feb 1, 2024 · CIK: 1823406
| Field | Detail |
|---|---|
| Company | Affinity Bancshares, Inc. (AFBI) |
| Form Type | 8-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, corporate-update
TL;DR
**Affinity Bancshares just dropped an 8-K on their financials, get ready for an update on their performance.**
AI Summary
Affinity Bancshares, Inc. filed an 8-K on February 1, 2024, to report on its results of operations and financial condition. This filing, under SEC File Number 001-39914, indicates that the company is providing an update on its financial performance. For investors, this matters because it offers a timely look into the company's health and operational efficiency, which can influence stock valuation and future investment decisions.
Why It Matters
This filing provides investors with current financial information, which is crucial for assessing Affinity Bancshares' performance and making informed decisions about buying, holding, or selling its stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently signal high risk, though the underlying financial data could reveal risks.
Analyst Insight
A smart investor would review the full financial statements and exhibits once they are available to understand the specifics of Affinity Bancshares' operational results and financial health, as this 8-K only signals their release.
Key Players & Entities
- Affinity Bancshares, Inc. (company) — the registrant filing the 8-K
- February 01, 2024 (date) — date of earliest event reported and filing date
- 001-39914 (string) — Commission File Number
- Maryland (string) — State of Incorporation for Affinity Bancshares, Inc.
- 3175 Highway 278, Covington, Georgia, 30014 (string) — Address of Principal Executive Offices
- 770-786-7088 (string) — Registrant's Telephone Number
- AFBI (string) — Trading Symbol for Common Stock
- The Nasdaq Stock Market LLC (string) — Exchange where Common Stock is registered
FAQ
What is the purpose of this 8-K filing by Affinity Bancshares, Inc.?
The purpose of this 8-K filing, dated February 1, 2024, is to report on the company's "Results of Operations and Financial Condition" and to include "Financial Statements and Exhibits" as per Item Information.
What is the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 01, 2024, which is also the date of the report.
Where is Affinity Bancshares, Inc. incorporated and what is its primary business address?
Affinity Bancshares, Inc. is incorporated in Maryland, and its principal executive offices are located at 3175 Highway 278, Covington, Georgia, 30014.
What is the trading symbol and the exchange where Affinity Bancshares, Inc.'s common stock is registered?
The trading symbol for Affinity Bancshares, Inc.'s Common Stock is AFBI, and it is registered on The Nasdaq Stock Market LLC.
Is Affinity Bancshares, Inc. classified as an emerging growth company?
No, the filing indicates with a '☐' (unchecked box) that Affinity Bancshares, Inc. is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 454 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-02-01 16:30:12
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share AFBI The Nasdaq
Filing Documents
- afbi-20240201.htm (8-K) — 39KB
- afbi-ex99_1.htm (EX-99.1) — 727KB
- afbi-ex99_2.htm (EX-99.2) — 5KB
- afbi-ex99_2s1.jpg (GRAPHIC) — 214KB
- afbi-ex99_2s2.jpg (GRAPHIC) — 326KB
- afbi-ex99_2s3.jpg (GRAPHIC) — 324KB
- afbi-ex99_2s4.jpg (GRAPHIC) — 413KB
- afbi-ex99_2s5.jpg (GRAPHIC) — 308KB
- afbi-ex99_2s6.jpg (GRAPHIC) — 287KB
- afbi-ex99_2s7.jpg (GRAPHIC) — 258KB
- afbi-ex99_2s8.jpg (GRAPHIC) — 522KB
- afbi-ex99_2s9.jpg (GRAPHIC) — 578KB
- 0000950170-24-009847.txt ( ) — 5355KB
- afbi-20240201.xsd (EX-101.SCH) — 24KB
- afbi-20240201_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 1, 2024, Affinity Bancshares, Inc. issued a press release announcing its financial results for the quarter ended December 31, 2023. The press release is attached to this Current Report as Exhibit 99.1. This Current Report and the press release are being furnished to the Securities and Exchange Commission and shall not be deemed "filed" for any purpose.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Exhibit 99.1 Press Release dated February 1, 2024 99.2 Supplemental Financial Information dated February 1, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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 thereunto duly authorized. AFFINITY BANCSHARES, INC. Date: February 1, 2024 By: /s/ Brandi Pajot Brandi Pajot Senior Vice President and Chief Financial Officer