Affinity Bancshares, Inc. [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18
	10-K	10-K	10-K	S-1
Interest income:
Interest income on loans	31.5	29.9	14.0	10.6
Interest income on investments			0.4	0.5
Interest income on repurchase agreements				0.3
	32.5	30.6	15.0	11.6
Interest expense:
Interest on deposits	2.7	4.8	2.3	1.7
	2.7	4.8	2.3	2.6
Net interest income	35.1	35.4	12.7	9.0
Net interest income after provision for loan losses	35.1	35.4	12.7	9.0
Deposit and loan fees			0.9	0.1
Other non-interest income	2.7	2.2	0.7	1.0
Total non-interest income	2.7	2.2	1.6	1.0
Non-interest expenses	21.0	21.4	14.0
Asset impairment				0.1
Pre-tax income	9.9	3.9	0.3	4.1
Income taxes	2.3	0.8	0.0	0.8
Tax rate	23.6%	20.4%		20.3%
Net income	7.6	3.1	0.4	3.2
Net margin	20.0%	8.2%	2.5%	32.1%

Basic EPS	$1.13	$0.41	$0.05	$0.64
Diluted EPS	$1.10	$0.41	$0.05	$0.61

Shares outstanding (basic)	6.7	7.6	7.5	5.0
Shares outstanding (diluted)	6.9	7.6	7.5	5.3

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.