{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-035182","form_type":"8-K","ticker":"FRST","cik":"0001325670","company_name":"Primis Financial Corp.","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.566774+00:00","generated_at":"2026-06-12T23:56:03.664040+00:00","sec_items":["2.01","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Primis reports Q2 net loss of $0.2M; initiates $9.4M annual cost savings","bullets":["Basic and diluted EPS loss of $0.01 vs. earnings of $0.24 in Q1 2023 and $0.20 in Q2 2022.","Cost savings initiative: consolidate 8 branches, reduce staff, expected annual savings of $9.4M.","Discovered employee loan fraud with ~$2.5M exposure; recoverable under insurance, not yet recorded.","Declared $0.10/share dividend payable Aug 25, record Aug 11 (47th consecutive quarterly dividend).","Pro forma non-performing assets fell to 0.13% of total assets after planned sales."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-035182","json":"https://secwatch.observer/filing/0000950170-23-035182.json","markdown":"https://secwatch.observer/filing/0000950170-23-035182.md","text":"https://secwatch.observer/filing/0000950170-23-035182.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325670/000095017023035182/0000950170-23-035182-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325670/000095017023035182/frst-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:56:03.664040+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"}