<SEC-DOCUMENT>0000943374-21-000145.txt : 20210401
<SEC-HEADER>0000943374-21-000145.hdr.sgml : 20210401
<ACCEPTANCE-DATETIME>20210401094051
ACCESSION NUMBER:		0000943374-21-000145
CONFORMED SUBMISSION TYPE:	NT 10-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20201231
FILED AS OF DATE:		20210401
DATE AS OF CHANGE:		20210401
EFFECTIVENESS DATE:		20210401

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Affinity Bancshares, Inc.
		CENTRAL INDEX KEY:			0001823406
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NT 10-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39914
		FILM NUMBER:		21796340

	BUSINESS ADDRESS:	
		STREET 1:		3175 HIGHWAY 278
		CITY:			COVINGTON
		STATE:			GA
		ZIP:			30014
		BUSINESS PHONE:		(770) 786-7088

	MAIL ADDRESS:	
		STREET 1:		3175 HIGHWAY 278
		CITY:			COVINGTON
		STATE:			GA
		ZIP:			30014
</SEC-HEADER>
<DOCUMENT>
<TYPE>NT 10-K
<SEQUENCE>1
<FILENAME>nt10-k_123120.htm
<DESCRIPTION>AFFINITY BANCSHARES, INC. 12B-25 FORM 10-K DECEMBER 31, 2020
<TEXT>
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    <div style="text-align: center; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-weight: bold;">WASHINGTON, D.C. 20549</div>
    <div><br>
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    <div style="text-align: center; font-weight: bold;">FORM 12b-25</div>
    <div style="text-align: right;">Commission File No. <u>001-39914</u></div>
    <div><br>
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    <div style="text-align: center; font-weight: bold;">NOTIFICATION OF LATE FILING</div>
    <div><br>
    </div>
    <div><font style="font-style: italic;">(Check One)</font>:<font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"> </font><font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;">&#160;</font>&#8999;&#160;
      Form 10-K&#160; &#9723;&#160; Form 20-F&#160; &#9723;&#160;&#160; Form 11-K&#160; &#9723;&#160; Form10-Q&#160; &#9723;&#160; Form 10-D&#160; &#9723;&#160; Form N-CEN&#160; &#9723;&#160; Form N-CSR</div>
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    <div style="text-indent: 36pt; margin-left: 36pt;">&#160;For Period Ended:<font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"> </font><font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;">&#160;</font><font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;">&#160;</font><u>December 31, 2020</u></div>
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    <div style="text-indent: 36pt;">&#9723;<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>Transition Report on Form 10-K</div>
    <div style="text-indent: 36pt;">&#9723;<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>Transition Report on Form 20-F</div>
    <div style="text-indent: 36pt;">&#9723;<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>Transition Report on Form 11-K</div>
    <div style="text-indent: 36pt;">&#9723;<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font>Transition Report on Form 10-Q</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; margin-left: 36pt;">For the Transition Period Ended:<font style="display: inline-block; text-indent: 0px; width: 252pt;" id="TRGRRTFtoHTMLTab"> _____________________</font><font style="font-size: 1px;"><font style="display: inline-block; text-indent: 0px; width: 72pt;" id="TRGRRTFtoHTMLTab"> <br>
        </font></font></div>
    <div><br>
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    <div style="font-weight: bold;">Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.</div>
    <div><br>
    </div>
    <div>If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:&#160; <u>N/A</u></div>
    <div><br>
    </div>
    <div style="font-weight: bold;">PART I &#8212; REGISTRANT INFORMATION</div>
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    <div>Full name of registrant: <u>Affinity Bancshares, Inc.</u><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt" id="TRGRRTFtoHTMLTab">&#160;</font></div>
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    <div>Former name if applicable:<font style="display: inline-block; text-indent: 0px; width: 12pt;" id="TRGRRTFtoHTMLTab"> _____________________</font></div>
    <div><br>
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    <div>Address of principal executive office (Street and Number):<u>&#160; 3175 Highway 278</u><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt" id="TRGRRTFtoHTMLTab">&#160;</font></div>
    <div><br>
    </div>
    <div>City, state and zip code: <u>Covington, Georgia 30014</u><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt" id="TRGRRTFtoHTMLTab">&#160;</font></div>
    <div><br>
    </div>
    <div style="font-weight: bold;">PART II &#8211; RULES 12b-25(b) AND (c)</div>
    <div><br>
    </div>
    <div>If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed.&#160; (Check box if appropriate)</div>
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              <div style="margin-left: 36pt;">(a)</div>
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              <div>The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;</div>
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              <td style="width: 36pt; vertical-align: top; align: right; font-size: 12pt;">&#8999;</td>
              <td style="width: 36pt; vertical-align: top; align: right;">(b)<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font></td>
              <td style="width: auto; vertical-align: top;">The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar
                day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the
                prescribed due date; and</td>
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              <div style="margin-left: 36pt;">(b)</div>
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              <div>The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.</div>
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    <div style="font-weight: bold;">PART III &#8212; NARRATIVE</div>
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    <div>State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">Affinity Bancshares, Inc. (the &#8220;Company&#8221;) was unable to file its Annual Report on Form 10-K timely without unreasonable effort or expense as the Company required additional time to comply with the eXtensible Business
      Reporting Language (&#8220;XBRL&#8221;) requirements applicable to its Annual Report on Form 10-K for the year ended December 31, 2020.&#160; </div>
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    <div style="font-weight: bold;">PART IV &#8212; OTHER INFORMATION</div>
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            <td style="width: 36pt; vertical-align: top; align: right;">(1)</td>
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              <div>Name and telephone number of person to contact in regard to this notification.</div>
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          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center;"><u>Tessa M. Nolan</u></div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center;"><u>(770)</u></div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center;"><u>768-7088</u></div>
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          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center;">(Name)</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center;">(Area Code)</div>
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          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center;">(Telephone Number)</div>
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          <td style="width: 36pt; vertical-align: top; align: right;">(2)</td>
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            <div>Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was
              required to file such report(s) been filed?&#160; If the answer is no, identify report(s).</div>
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    <div style="margin-left: 360pt;">&#9745; Yes<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 108pt" id="TRGRRTFtoHTMLTab">&#160;</font> No</div>
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          <td style="width: 36pt; vertical-align: top; align: right;">(3)</td>
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            <div>Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?</div>
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    <div style="margin-left: 360pt;">&#9745; Yes<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 108pt" id="TRGRRTFtoHTMLTab">&#160;</font> No</div>
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    <div style="margin-left: 36pt;">If so: attach an explanation of the anticipated change, both narratively and quantitatively, and if appropriate, state the reasons why a reasonable estimate of the results cannot be made.</div>
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    </div>
    <div style="text-align: center;"><u>Affinity Bancshares, Inc.</u></div>
    <div style="text-align: center;">(Name of Registrant as Specified in Charter)</div>
    <div><br>
    </div>
    <div style="text-align: justify;">Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.</div>
    <div><br>
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              <td style="width: 445px; vertical-align: top;">Date: April 1, 2021<font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 180pt" id="TRGRRTFtoHTMLTab">&#160;</font></td>
              <td style="width: 91px; vertical-align: top; text-align: right;"><font style="font-family: 'Times New Roman',Times,serif;">By:</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt;" id="TRGRRTFtoHTMLTab"><font style="font-size: 10pt;">&#160;&#160;&#160; </font><br>
                </font></td>
              <td style="width: 622px; vertical-align: top; font-family: 'Times New Roman',Times,serif;">
                <div><u>/s/ Tessa M. Nolan</u></div>
                <div>Tessa M. Nolan</div>
                <div> Senior Vice President and Chief Financial Officer</div>
                <div><u> </u></div>
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    <div style="text-align: center;">ATTACHMENT TO FORM 12b-25</div>
    <div style="text-align: center;">AFFINITY BANCSHARES, INC.</div>
    <div><br>
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    <div style="text-indent: 36pt;">The Company has reported net income of $3.1 million for the year ended December 31, 2020 compared to net income of $355,000 for the year ended December 31, 2019.&#160; The increase was due to an increase in interest income of
      $15.6 million, or 104.3%, partially offset by increases in noninterest income ($7.4 million, or 52.9%), interest expense ($3.2 million, or 137.5%) and provisions for loan losses ($2.0 million for 2020 compared to no provisions for 2019).</div>
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