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Press release content from Business Wire. The AP news staff was not involved in its creation. Affinity Bancshares, Inc. Announces Completion of Stock Offering and Related Conversion January 20, 2021 GMT COVINGTON, Ga. (BUSINESS WIRE) Jan 20, 2021 Affinity Bancshares, Inc. (the “Company”) announced today that Community First Bancshares, MHC (the “MHC”) has completed its conversion from the mutual holding company to the stock holding company form of organization (the “Conversion”), and the Company has completed its related stock offering. As a result of the closing of the Conversion, the Company is now the holding company of Newton Federal Bank (the “Bank”), which has changed its name to Affinity Bank. The MHC and the Bank’s previous mid-tier holding company, Community First Bancshares, Inc. (“Community First”), ceased to exist effective upon the closing of the Conversion.

United statesEdwardj cooneyAffinity bankCommunity first bancshares incTaff tiernanPerformance trust capital partnersSecurities exchangeAffinity bancshares incCommunity first bancsharesNewton federal bank theCommunity firstStock information centerNewton federal bankNasdaq capital marketTrust capital partnersSecurities act