{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-014170","form_type":"8-K","ticker":null,"cik":"0001586454","company_name":"Prime Meridian Holding Co","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.097965+00:00","generated_at":"2026-06-03T02:50:46.362507+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Prime Meridian Holding Q1 net earnings $0.59/share, down 22.8% YoY; NIM shrinks to 3.51%","bullets":["Net earnings $1.93M ($0.59 EPS) vs $2.50M ($0.79) in Q1 2023; EPS down 25% YoY.","Net interest margin 3.51% (Q1 2024) vs 3.92% (Q1 2023) as deposit costs rose 139.9% YoY.","Gross loans up $20.9M (+3.2%) from Dec 2023; deposits up $3.0M (+0.4%) to $751.7M.","Noninterest expense up 8.7% YoY to $4.84M; efficiency ratio worsened to 63.81% from 55.72%.","Book value per share $24.71 (+8.3% from Q1 2023); bank well capitalized with Tier 1 leverage 10.35%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-014170","json":"https://secwatch.observer/filing/0001437749-24-014170.json","markdown":"https://secwatch.observer/filing/0001437749-24-014170.md","text":"https://secwatch.observer/filing/0001437749-24-014170.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1586454/000143774924014170/0001437749-24-014170-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1586454/000143774924014170/pmhg20240327_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T02:50:46.362507+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":"605609d8596494c3c18cb52810a450c8031ec2a6","claim":"Prime Meridian Holding Co reported financial results for the quarter ended March 31, 2024.","evidence_excerpt":"On May 1, 2024, Prime Meridian Holding Company issued and posted to its website a press release announcing financial results for the quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1586454/000143774924014170/0001437749-24-014170-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"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"}