{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-062209","form_type":"8-K/A","ticker":"FRST","cik":"0001325670","company_name":"Primis Financial Corp.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.605926+00:00","generated_at":"2026-06-08T06:11:50.413846+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Primis Financial revises Q3 results with $11.2M goodwill impairment; net loss $3.6M, but adjusted EPS rises 52% to $0.32","bullets":["Net loss of $3.6M ($0.14 diluted loss) vs net income $5.0M ($0.20) in Q3 2022, after $11.2M non-cash goodwill impairment.","Adjusted net income $7.7M; operating EPS $0.32 (+52% YoY); net interest margin improved to 3.02% from 2.65% linked quarter.","Core bank deposit costs rose only 11 bps to 2.34%; digital platform deposits $998.4M with 13,740 accounts; $228.7M swept off balance sheet.","Nonperforming assets (ex-SBA) fell 21% linked quarter to $19.6M; pro forma NPA/TA 0.17% after subsequent assisted living credit resolution.","Dividend declared $0.10 per share payable Nov 24, 2023 to holders of record Nov 10; 48th consecutive quarterly dividend."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-062209","json":"https://secwatch.observer/filing/0000950170-23-062209.json","markdown":"https://secwatch.observer/filing/0000950170-23-062209.md","text":"https://secwatch.observer/filing/0000950170-23-062209.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325670/000095017023062209/0000950170-23-062209-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325670/000095017023062209/frst-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T06:11:50.413846+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":"1662c7d00c5666accfa60ab51fa5e9b458a27d00","claim":"Primis Financial Corp. reported three months ended September 30, 2023 results: net income net loss of $3.6 million, EPS loss of $0.14.","evidence_excerpt":"Primis Financial Corp. Issues Revised Results for the Third Quarter of 2023 MCLEAN, Va., Nov. 9, 2023 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) (\"Primis\" or the \"Company\"), and its wholly-owned subsidiary, Primis Bank (the \"Bank\"), today amended its previously announced financial results for the three and nine months ended September 30, 2023. Revised results reflect a non-cash after-tax goodwill impairment charge of $11.2 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325670/000095017023062209/0000950170-23-062209-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended September 30, 2023"},{"label":"Net income","value":"net loss of $3.6 million"},{"label":"EPS","value":"loss of $0.14"},{"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"}