secwatch.observer — SEC 8-K summary
======================================

Issuer:     Primis Financial Corp. (FRST)
CIK:        0001325670
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0001104659-25-101871
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primis Financial Q3 net income $7M ($0.28 EPS) vs $1M ($0.05) YoY; dividend $0.10
--------------------------------------------------------------------------------

- Net income available to common $7M ($0.28 diluted EPS) vs $1M ($0.05) in Q3 2024; 9-month EPS $1.29 vs $0.29.
- Net interest margin improved to 3.18% from 2.97% YoY; core NIM 3.15% vs 2.80%.
- Mortgage warehouse balances $327M, up 77% linked quarter and 411% from Dec 2024; committed facilities $1B.
- Recovery of credit losses $49k vs $8M provision in Q3 2024; nonperforming assets 2.07% vs 1.90%.
- Tangible book value per share $11.71, up 12% from Dec 2024; quarterly dividend $0.10 declared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1325670/000110465925101871/0001104659-25-101871-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1325670/000110465925101871/tm2529315d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-101871

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer