Agreement signedPublished 6 May 2026

Fidelity Bank /
Affinity Bancshares, Inc.

Fidelity Bank agrees to buy Affinity Bancshares in cash deal

Buy side: Fidelity Bank
Buy sideFidelity Bank
Target: Affinity Bancshares, Inc.
TargetAffinity Bancshares, Inc.
Affinity Bancshares, Inc. · 6 May 2026Source
Buy side: Fidelity Bank
Buy sideFidelity Bank
Target: Affinity Bancshares, Inc.
TargetAffinity Bancshares, Inc.
01 / BuyerFidelity Bank
02 / TargetAffinity Bancshares, Inc.
Source for the buyer and target: Affinity Bancshares, Inc.

For the buyer and target.

“THIS AGREEMENT AND PLAN OF MERGER (the “Agreement”) is made and entered into as of the 30th day of March, 2026, by and among AFFINITY BANCSHARES, INC. (“Affinity”), AFFINITY BANK, NATIONAL ASSOCIATION (“Bank”), FIDELITY BANCSHARES (N.C.), INC. (“BancShares”), THE FIDELITY BANK (“Fidelity”), and TFB MERGER SUBSIDIARY, INC. (“Merger Sub”).”

Published 6 May 2026

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01

What happened

Affinity Bancshares, Inc., the holding company for Affinity Bank in Covington, Georgia, would become a wholly-owned subsidiary of Fidelity Bank under a merger agreement described in this preliminary proxy statement. Under the terms, each share of Affinity common stock would be converted into the right to receive $23.00 in cash. [01]

02

The source

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01
Source · Affinity Bancshares, Inc.

Fidelity Bank agrees to buy Affinity Bancshares in cash deal

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03

Timeline

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  1. Published by Affinity Bancshares, Inc.

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