Condensed Parent Company Only Financial Information (Tables)

12 Months Ended

Dec. 31, 2024

Condensed Financial Information Disclosure [Abstract]

Condensed Summary of Financial Information

A condensed summary of Affinity Bancshares, Inc.’s financial information is shown.

Parent Only Condensed Balance Sheets

	December 31, 2024		December 31, 2023
	(in thousands)
Assets
Cash in bank subsidiary	$	5,126	$	6,739
Investment in subsidiary, at underlying equity		117,220		108,269
Loan receivable - ESOP		4,971		5,134
Other assets		1,983		1,482
Total assets	$	129,300	$	121,624
Liabilities and Stockholders' Equity
Liabilities:
Other liabilities	$	185	$	108
Total liabilities		185		108
Stockholders' equity:
Total stockholders' equity		129,115		121,516
Total liabilities and stockholders' equity	$	129,300	$	121,624

Parent Only Condensed Statements of Income

	Year Ended			Year Ended
	December 31, 2024			December 31, 2023
	(in thousands)
Interest income:
Income on ESOP loan	$	167		$	172
Total interest income		167			172
Interest expense:
Interest expense on borrowings		—			—
Total interest expense		—			—
Net interest income		167			172
Noninterest expenses:
Other noninterest expense		2,020			540
Loss before income taxes		(1,853	)		(368	)
Income tax benefit		502			108
Loss before equity in undistributed earnings of Bank		(1,351	)		(260	)
Equity in undistributed earnings of Bank		6,792			6,708
Net income	$	5,441		$	6,448

Parent Only Condensed Statements of Cash Flows

	Year Ended			Year Ended
	December 31, 2024			December 31, 2023
	(in thousands)
Cash flows from operating activities:
Net income	$	5,441		$	6,448
Adjustments to reconcile net income to net cash used in operating activities
Equity in undistributed earnings of Bank		(6,792	)		(6,708	)
Other		(593	)		(282	)
Net cash used in operating activities		(1,944	)		(542	)
Cash flows from investing activities:
Payments from ESOP loan		331			331
Net cash provided by investing activities		331			331
Cash flows from financing activities:
Stock repurchase		—			(3,283	)
Net cash used in financing activities		—			(3,283	)
Net change in cash and cash equivalents		(1,613	)		(3,494	)
Cash and cash equivalents at beginning of period		6,739			10,233
Cash and cash equivalents at end of period	$	5,126		$	6,739