{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-006845","form_type":"8-K","ticker":"FRST","cik":"0001325670","company_name":"Primis Financial Corp.","filed_at":"2024-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.762417+00:00","generated_at":"2026-06-06T16:28:09.277949+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Primis Financial Q4 EPS $0.33 vs $0.12 YoY; declares $0.10 dividend; invests in Panacea Financial","bullets":["Net income $8.1M ($0.33 diluted) for Q4 2023, up from $3.0M ($0.12) in Q4 2022.","Net interest margin improved to 3.36% (3.09% excl. accretion) from 3.01% in Q3 2023; core expense burden fell to $18.7M.","Primis acquired ~19% of Panacea Financial Holdings (implied value ~$20M) for immaterial price; PFH completed $24.5M Series B.","Quarterly dividend $0.10 declared, payable Feb 23, 2024 to shareholders of record Feb 9, 2024.","Nonperforming assets (ex SBA) dropped 61% to $7.7M; tangible common equity ratio 7.99%."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-006845","json":"https://secwatch.observer/filing/0001104659-24-006845.json","markdown":"https://secwatch.observer/filing/0001104659-24-006845.md","text":"https://secwatch.observer/filing/0001104659-24-006845.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325670/000110465924006845/0001104659-24-006845-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325670/000110465924006845/tm244186d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:28:09.277949+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":"33feac7f2e895266400082105e73ab68e84d41b4","claim":"Primis Financial Corp. reported the quarter ended December 31, 2023 results: net income $8.1 million, EPS $0.33 per diluted share.","evidence_excerpt":"net income available to common shareholders of $8.1 million or $0.33 per diluted share for the quarter ended December 31, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325670/000110465924006845/0001104659-24-006845-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"$8.1 million"},{"label":"EPS","value":"$0.33 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c0d4054aaba5005c0f55b74c2c8dfc4f650a0212","claim":"Primis Financial Corp. reported the year-to-date period in 2023 results: net income $9.9 million, EPS $0.40.","evidence_excerpt":"For the year-to-date period in 2023, the Company reported earnings available to common and diluted earnings per share of $9.9 million and $0.40, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325670/000110465924006845/0001104659-24-006845-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year-to-date period in 2023"},{"label":"Net income","value":"$9.9 million"},{"label":"EPS","value":"$0.40"},{"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"}