Affinity Bancshares Inc 2025年度报告

FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2025 OR Affinity Bancshares, Inc.(Exact Name of Registrant as Specified in its Charter) (770) 786-7088(Registrant’s telephone number including area code) Securities registered pursuant to Section 12(g) of the Act:None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act.Yes☐No☒ Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file reports), and (2) has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of RegulationS-T (§232.405 of this chapter) during the preceding 12 months (or such shorter period that the registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2of the Exchange Act. Accelerated filerSmaller reporting company Large accelerated filer☐Non-accelerated filer☒Emerging growth company☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control overfinancial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its auditreport.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filingreflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by anyof the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ The aggregate value of the voting and non-voting common stock held by non-affiliates of the registrant, computed by reference to the closing price of the commonstock of $18.38 as of June 30, 2025, was $96.8 million.As of March 18, 2026 there were 6,094,885 shares outstanding of the registrant’s common stock. DOCUMENTS INCORPORATED BY REFERENCE 1.Portions of the Proxy Statement for the 2026 Annual Meeting of Stockholders. (Part III) TABLE OF CONTENTS PART I2ITEM 1.Business2ITEM 1A.Risk Factors22ITEM 1B.Unresolved Staff Comments22ITEM 1C.Cybersecurity22ITEM 2.Properties23ITEM 3.Legal Proceedings24ITEM 4.Mine Safety Disclosures24PART IIITEM 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities24ITEM 6.[Reserved]24ITEM 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations25ITEM 7A.Quantitative and Qualitative Disclosures About Market Risk32ITEM 8.Financial Statements and Supplementary DataF-1ITEM 9.Changes In and Disagreements With Accountants on Accounting and Financial Disclosure35ITEM 9A.Controls and Procedures35ITEM 9B.Other Information35ITEM 9C.Disclosure Regarding Foreign Jurisdictions That Prevent Inspections35PART IIIITEM 10.Directors, Executive Officers and Corporate Governance36ITEM 11.Executive Compensation36ITEM 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters36ITEM 13.Certain Relationships and Related Transactions, and Director Independence37ITEM 14.Principal Accountant Fees and Services37PART IV37ITEM 15.Exhibits and Financial Statement Schedules37ITEM 16.Form 10-K Summary39SIGNATURES40 PART I ITEM 1.Business Forward Looking Statements This annual report contains forward-looking statements, which can be identified by the use of words such as “estimate,”“project,” “believe,” “intend,” “anticipate,” “assume,” “plan,” “seek,” “expect,” “will,” “may,” “should,” “indicate,” “would,”“contemplate,” “continue,” “potential,” “target” and words of similar meaning. These forward