Affinity Bancshares, Inc. Income Statement

Income Statement Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 2.00M1.07M0.70M-0.04M0.44M
Revenue 14.33M27.30M31.95M32.16M29.66M31.18M
Interest income
Interest income - Loans 14.02M29.93M31.48M30.05M35.42M41.35M
Interest Income - Debt Securities 1.21M2.14M3.88M4.79M4.04M4.17M
Interest Income - Deposits 0.62M0.21M0.18M0.77M3.24M2.46M
Interest Income - Total 15.00M30.63M32.45M32.13M42.70M47.97M
Interest expenses
Interest Expense - Deposits 2.29M4.75M2.68M3.23M14.09M16.46M
Interest Expense - Debt 0.03M0.74M0.01M
Interest Expense - Others 0.50M-0.85M1.41M2.35M
Interest Expenses 2.31M5.49M3.18M2.38M15.50M18.81M
Interest Income - Net 12.69M25.14M29.28M29.75M27.20M29.17M
Non-interest income
Interest Income - Total 12.69M23.14M28.20M29.05M27.24M28.73M
Service Charges 0.92M1.36M1.51M1.61M1.62M1.52M
Investment Gain (Loss) 0.15M0.02M-0.39M
Other Non-Interest Income 0.51M0.78M1.17M0.79M0.85M0.74M
Non-Interest Income 1.65M2.16M2.68M2.40M2.47M2.02M
Operating Items
Research & Development 1.58M2.34M1.98M1.95M2.02M2.09M
Wages, Salaries and Other 7.25M10.97M10.66M12.22M12.25M13.13M
Rent Expense 1.83M2.82M2.94M2.52M2.50M2.45M
Other Operating Expenses 10.60M2.03M6.51M17.66M16.79M19.22M
Operating Expenses 14.00M21.42M20.97M22.13M21.32M23.76M
Operating Income 0.07M0.81M2.08M1.96M1.76M1.47M
EBIT 0.07M0.81M2.08M1.96M1.76M1.47M
Net income details
EBT 0.33M3.88M9.91M9.33M8.39M6.98M
Tax Provisions -0.17M0.86M2.56M2.19M1.94M1.54M
Profit After Tax 0.35M3.09M7.57M7.13M6.45M5.44M
Income from Continuing Operations 0.50M3.02M7.35M7.13M6.45M5.44M
Consolidated Net Income 0.50M3.02M7.35M7.13M6.45M5.44M
Income towards Parent Company 0.50M3.02M7.35M7.13M6.45M5.44M
Net Income towards Common Stockholders 0.50M3.02M7.35M7.13M6.45M5.44M
Additional items
EPS (Basic) 0.050.411.101.071.000.85
EPS (Weighted Average and Diluted) 0.411.091.060.980.83
Shares Outstanding (Weighted Average) 6.88M6.88M6.87M6.63M6.39M6.41M
Tax Rate 22.29%25.88%23.51%23.13%22.07%