Affinity Bancshares (Affinity Bancshares) Accounts Payable & Accrued Expense : $0.00 Mil (As of Mar. 2024)

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What is Affinity Bancshares Accounts Payable & Accrued Expense?

Affinity Bancshares's quarterly accounts payable & accrued expense declined from Sep. 2023 ($7.91 Mil) to Dec. 2023 ($0.00 Mil) but then stayed the same from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($0.00 Mil).

Affinity Bancshares's annual accounts payable & accrued expense increased from Dec. 2021 ($5.34 Mil) to Dec. 2022 ($6.98 Mil) but then declined from Dec. 2022 ($6.98 Mil) to Dec. 2023 ($0.00 Mil).

Affinity Bancshares Accounts Payable & Accrued Expense Historical Data

The historical data trend for Affinity Bancshares's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Affinity Bancshares Accounts Payable & Accrued Expense Chart

Affinity Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

3.95

4.75

5.34

6.98

Affinity Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													8.15	7.92	7.91	-	-

Affinity Bancshares Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Affinity Bancshares (Affinity Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Affinity Bancshares Inc (NAS:AFBI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3175 Highway 278, Covington, GA, USA, 30014

Website

https://www.myaffinitybank.com

Affinity Bancshares Inc is a holding company of Affinity Bank, a federally chartered stock savings bank that offers a variety of deposit accounts, including checking accounts, savings accounts, and certificate of deposit accounts. Its business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, commercial and industrial loans, and residential real estate loans, construction and land loans, and consumer loans. It also invests in securities, which consist of mortgage-backed securities and obligations issued by United States government-sponsored enterprises and Federal Home Loan Bank stock.

Executives

Howard G Roberts	director	3175 HIGHWAY 278, COVINGTON GA 30014
Robin S Reich	director	3175 HIGHWAY 278, COVINGTON GA 30014
Edward John Cooney	director, officer: CEO	3175 HIGHWAY 278, COVINGTON GA 30014
Robert Vickers	director	3175 HIGHWAY 278, COVINGTON GA 30014
Kenneth R Lehman	10 percent owner	122 N GORDON ROAD, FT LAUDERDALE FL 33301
Clark Nelson	officer: EVP and CCO	3175 HIGHWAY 278, COVINGTON GA 30014
Elizabeth Galazka	officer: EVP-Lending	3175 HIGHWAY 278, COVINGTON GA 30014
Brandi C Pajot	officer: SVP - Chief Financial Officer	3175 HIGHWAY 278, COVINGTON GA 30014
Gregory J. Proffitt	officer: President	3175 HIGHWAY 278, COVINGTON GA 30014
Tessa M. Nolan	officer: SVP and CFO	3175 HIGHWAY 278, COVINGTON GA 30014
Fortson William D. Jr.	director	3175 HIGHWAY 278, COVINGTON GA 30014
Bob W. Richardson	director	3175 HIGHWAY 278, COVINGTON GA 30014
Edward P. Stone	director	3175 HIGHWAY 278, COVINGTON GA 30014
Marshall L. Ginn	director	3175 HIGHWAY 278, COVINGTON GA 30014
Mark J Ross	director	3175 HIGHWAY 278, COVINGTON GA 30014

Affinity Bancshares (Affinity Bancshares) Headlines

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Affinity Bancshares, Inc. Announces Second Quarter 2023 Financial Results

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Affinity Bancshares, Inc. Adopts Stock Repurchase Program

By Business Wire Business Wire • 01-27-2022