Affinity Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Affinity Bancshares has total assets of $843.3M and total equity of $121.5M. Total deposits are $674.4M, and total loans are $651.0M. It earns a Net Interest Margin of 3.4%. It has sufficient allowance for bad loans, which are currently at 1.1% of total loans. Cash and short-term investments are $50.0M.
Key information
6.9x
Asset to equity ratio
3.4%
Net interest margin
| Total deposits | US$674.44m |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.1% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$50.03m |
Recent financial health updates
Recent updates
Affinity Bancshares GAAP EPS of $0.27, revenue of $7.79M
Jul 27Affinity Bancshares: Worth Keeping An Eye On, But Not A Buy Right Now
Jan 17If You Like EPS Growth Then Check Out Affinity Bancshares (NASDAQ:AFBI) Before It's Too Late
Mar 22
Robin Reich Is The Independent Director of Affinity Bancshares, Inc. (NASDAQ:AFBI) And They Just Picked Up 769% More Shares
Jan 28
Affinity Bancshares'(NASDAQ:AFBI) Share Price Is Down 10% Over The Past Three Years.
Jan 27Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: AFBI's Assets to Equity ratio (6.9x) is low.
Allowance for Bad Loans: AFBI has a sufficient allowance for bad loans (120%).
Low Risk Liabilities: 93% of AFBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: AFBI has an appropriate level of Loans to Assets ratio (77%).
Low Risk Deposits: AFBI's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: AFBI has an appropriate level of bad loans (1.1%).