{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-001251","form_type":"8-K","ticker":"FRST","cik":"0001325670","company_name":"Primis Financial Corp.","filed_at":"2023-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.396293+00:00","generated_at":"2026-06-20T07:59:31.528966+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Primis Financial Q4 EPS $0.12 vs $0.20 Q3; net income $3.1M; dividend $0.10","bullets":["Diluted EPS from continuing ops $0.12 versus $0.20 in Q3 2022 and $0.31 in Q4 2021.","Net interest margin improved to 3.67% from 3.00% a year ago; core NIM 3.51%.","Loans held for investment grew 26.0% in 2022 (30.1% ex-PPP); Panacea and LPF divisions saw strong growth.","Provision for loan losses $7.9M; net charge-offs $5.3M largely from one nonaccrual assisted-living relationship.","Board declared $0.10 per share dividend payable Feb 24, 2023; Primis Mortgage pre-tax loss $2.7M in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-001251","json":"https://secwatch.observer/filing/0000950170-23-001251.json","markdown":"https://secwatch.observer/filing/0000950170-23-001251.md","text":"https://secwatch.observer/filing/0000950170-23-001251.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325670/000095017023001251/0000950170-23-001251-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325670/000095017023001251/frst-20230112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:59:31.528966+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":[{"claim_id":"603aa7e55c29fe49db3e1d2fd3d2fbc8962d4757","claim":"Primis Financial Corp. reported the twelve months ended December 31, 2022 results: net income $17.7 million, EPS $0.72 on a basic and diluted basis.","evidence_excerpt":"Net income from continuing operations for the twelve months ended December 31, 2022 was $17.7 million, compared to $31.0 million for the twelve months ended December 31, 2021. EPS from continuing operations for the twelve months ended December 31, 2022 were $0.72 on a basic and diluted basis, compared to $1.28 on a basic and $1.26 on a diluted basis for the twelve months ended December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325670/000095017023001251/0000950170-23-001251-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twelve months ended December 31, 2022"},{"label":"Net income","value":"$17.7 million"},{"label":"EPS","value":"$0.72 on a basic and diluted basis"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9a357a7903f579796b96d1649cca57e05a49ed76","claim":"Primis Financial Corp. reported the three months ended December 31, 2022 results: net income $3.1 million, EPS $0.13 on a basic and $0.12 on a diluted basis.","evidence_excerpt":"Primis Financial Corp. (NASDAQ: FRST) (\"Primis\" or the \"Company\"), and its wholly-owned subsidiary, Primis Bank (the \"Bank\"), today reported net income from continuing operations of $3.1 million for the quarter ended December 31, 2022, compared to $5.1 million for the quarter ended September 30, 2022 and $7.7 million for the quarter ended December 31, 2021. Earnings per share (\"EPS\") from continuing operations for the three months ended December 31, 2022 were $0.13 on a basic and $0.12 on a diluted basis, compared to $0.21 on a basic and $0.20 on a diluted basis for the three months ended September 30, 2022 and $0.31 on both a basic and diluted basis for the three months ended December 31, 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325670/000095017023001251/0000950170-23-001251-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2022"},{"label":"Net income","value":"$3.1 million"},{"label":"EPS","value":"$0.13 on a basic and $0.12 on a diluted basis"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}