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Affinity Bancshares, Inc. AFBI Allowance for credit losses

Allowance for credit losses at other companies

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Bank of AmericaBAC
$13.15B-0.8%
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Truist FinancialTFC
$5.03B
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Union BanksharesUNB
$8.07M-0.5%
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First US Bancshares, Inc.FUSB
$10.54M+1.3%
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$1.52M+99.1%
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Fidelity D & D Bancorp, Inc.FDBC

Other financials

Income statement

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Revenue$8.1M+3.8%
Net income$2.3M+24.7%
EPS (diluted)$0.36+28.6%

Balance sheet

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Cash & equivalents$89.4M+19.6%
Total debt$911.0K-42.5%
Total equity$129.5M+5.9%
Total assets$924.7M+1.3%

Cash flow

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Operating cash flow$4.4M+130%
CapEx$45.0K-69.0%
Free cash flow$4.4M+146%

Valuation

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Market cap$137.62M+17.9%
P/E15.7×-0.9×
P/S4.1×+0.4×

Profitability

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Net margin26.3%+7.6pp
FCF margin41.4%+19.1pp

Returns & leverage

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Return on equity7%+2.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Affinity Bancshares, Inc. in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLosses.

The official record: Affinity Bancshares, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Affinity Bancshares, Inc.'s allowance for credit losses?
Affinity Bancshares, Inc. (AFBI) reported allowance for credit losses of $8.89M in Q1 2026.
How has Affinity Bancshares, Inc.'s allowance for credit losses changed year-over-year?
Affinity Bancshares, Inc.'s allowance for credit losses increased by 5.1% year-over-year, from $8.46M to $8.89M.
What is the long-term trend for Affinity Bancshares, Inc.'s allowance for credit losses?
Over 4 years (2021 to 2025), Affinity Bancshares, Inc.'s allowance for credit losses has grown at a 1.2% compound annual growth rate (CAGR), from $8.56M to $8.99M.
What does allowance for credit losses mean?
Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.