other material
confidence high
sentiment neutral
materiality 0.30
First Seacoast Bancorp's auditor BNN declines reappointment for 2024 due to exit from SEC bank audit practice
First Seacoast Bancorp, Inc.
- BNN notified company on Jan 16, 2024 will not stand for re-appointment as auditor for FY2024.
- Reason: BNN's decision to exit its audit practice for SEC-registered banking institutions.
- BNN will complete FY2023 audit; remain available for 2024 quarterly reviews until new auditor engaged.
- No disagreements or reportable events between company and BNN in past two fiscal years.
- Company is seeking a new independent registered public accounting firm.