Affinity Bancshares, Inc. financial data

Symbol
AFBI on Nasdaq
Industry
Savings Institutions, Not Federally Chartered
Location
3175 Highway 278, Covington, Georgia
State of incorporation
Maryland
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 616 % +2.48%
Return On Equity 5.04 % -17%
Return On Assets 0.7 % -18.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 6.42 M shares -2.73%
Common Stock, Shares, Outstanding 6.42 M shares -2.28%
Entity Public Float 63.4 M USD -24.3%
Common Stock, Value, Issued 64 K USD -3.03%
Weighted Average Number of Shares Outstanding, Basic 6.42 M shares -2.77%
Weighted Average Number of Shares Outstanding, Diluted 6.52 M shares -2.36%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 7.9 M USD -14.5%
Income Tax Expense (Benefit) 1.84 M USD -15.3%
Net Income (Loss) Attributable to Parent 6.06 M USD -14.2%
Earnings Per Share, Basic 0.95 USD/shares -11.2%
Earnings Per Share, Diluted 0.92 USD/shares -13.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 61.4 M USD -55.1%
Property, Plant and Equipment, Net 3.69 M USD -11.2%
Operating Lease, Right-of-Use Asset 1.75 M USD -21.2%
Goodwill 17.2 M USD 0%
Assets 870 M USD -6.73%
Liabilities 746 M USD -8.32%
Accumulated Other Comprehensive Income (Loss), Net of Tax -6.32 M USD -2.22%
Retained Earnings (Accumulated Deficit) 72.7 M USD +9.1%
Stockholders' Equity Attributable to Parent 123 M USD +4.22%
Liabilities and Equity 870 M USD -6.73%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.22 M USD -39.1%
Net Cash Provided by (Used in) Financing Activities 24.8 M USD -82%
Net Cash Provided by (Used in) Investing Activities -14.7 M USD +49.7%
Common Stock, Shares Authorized 40 M shares 0%
Common Stock, Shares, Issued 6.42 M shares -2.28%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 11.4 M USD -89.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4.79 M USD +102%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 7.63 M USD -5.52%
Operating Lease, Liability 2.16 M USD -20%
Depreciation 980 K USD +8.29%
Payments to Acquire Property, Plant, and Equipment 132 K USD -10.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 5.92 M USD +52.1%
Lessee, Operating Lease, Liability, to be Paid 2.23 M USD -20.8%
Property, Plant and Equipment, Gross 10.2 M USD +5.49%
Lessee, Operating Lease, Liability, to be Paid, Year Two 627 K USD +2.79%
Lessee, Operating Lease, Liability, to be Paid, Year One 610 K USD +4.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.02 pure 0%
Deferred Income Tax Expense (Benefit) 241 K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 76 K USD -37.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 645 K USD +2.87%
Deferred Tax Assets, Operating Loss Carryforwards 1.52 M USD -9.73%
Current Income Tax Expense (Benefit) 1.54 M USD -19.4%
Preferred Stock, Shares Authorized 10 M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 352 K USD -45.4%
Operating Lease, Payments 586 K USD +37.2%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 191 K USD 0%
Share-based Payment Arrangement, Expense 1.19 M USD +33.7%
Interest Expense 4.47 M USD +58%