8-K

Affinity Bancshares, Inc. (AFBI)

8-K 2021-01-05 For: 2020-12-30
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Added on April 06, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):   December 30, 2020

AFFINITY BANCSHARES, INC.

(Exact Name of Registrant as Specified in Charter)

Maryland 333-248745 Applied For
(State or Other Jurisdiction<br><br> <br>of Incorporation) (Commission File No.) (I.R.S. Employer<br><br> Identification No.)
3175 Highway 278, Covington, Georgia 30014
--- ---
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (770) 786-7088

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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. ☐


Item 8.01 Other Events

On December 30, 2020, the stockholders of Community First Bancshares, Inc. (the “Company”) approved the Plan of Conversion and Reorganization of Community First Bancshares, MHC (the “MHC”), providing for the mutual-to-stock conversion of the MHC.

On December 30, 2020, the MHC adjourned its meeting of members to solicit further votes in favor of the Plan.  The meeting of members will be reconvened on January 12, 2021 at 3:00 p.m.

The Company also reported that sufficient orders were received in the subscription offering of Affinity Bancshares, Inc. such that it is expected that no community offering or syndicated offering will be held.  The Company is currently processing the orders received; accordingly, no further information regarding the offering is available at this time.  The closing of the offering and conversion remains subject to customary regulatory approvals, as well as the approval of the members of the MHC.

Item 9.01 Financial Statements and Exhibits

Not applicable.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

AFFINITY BANCSHARES, INC.
DATE: January 4, 2021 By: /s/ Tessa M. Nolan
Tessa M. Nolan
Senior Vice President and Chief Financial Officer