{"schema_version":"secwatch.filing_event.v1","accession":"0000943374-23-000460","form_type":"8-K","ticker":"FSEA","cik":"0001943802","company_name":"First Seacoast Bancorp, Inc.","filed_at":"2023-11-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.437390+00:00","generated_at":"2026-06-07T20:33:24.545613+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"First Seacoast sells $40.6M low-yield securities, buys higher-yield; expects $995K annual after-tax gain","bullets":["Sold $40.6M book value of lower-yielding securities for estimated after-tax loss of $3.1M.","Purchased $40.6M of higher-yielding securities with a positive spread differential of ~348 bps.","Repositioning expected to add ~$995,000 after-tax annually; loss recouped in ~3 years.","Regulatory capital remains well above well-capitalized levels post-transaction.","Effective duration of sold securities 5.8 years; purchased securities 5.4 years."],"urls":{"canonical":"https://secwatch.observer/filing/0000943374-23-000460","json":"https://secwatch.observer/filing/0000943374-23-000460.json","markdown":"https://secwatch.observer/filing/0000943374-23-000460.md","text":"https://secwatch.observer/filing/0000943374-23-000460.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1943802/000094337423000460/0000943374-23-000460-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1943802/000094337423000460/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T20:33:24.545613+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}