** Shares of community lender Affinity Bancshares AFBI.O rise 2.5% to $20.38
** Covington, Georgia-based AFBI adopts a stock buyback program, wherein it may repurchase up to 320,480 shares, or about 5% of outstanding shares
** AFBI has about 6.4 million outstanding shares, according to data compiled by LSEG
** Bank may repurchase shares in open market or private transactions
** AFBI stock up 16.5% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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