{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-035485","form_type":"8-K","ticker":"FRST","cik":"0001325670","company_name":"Primis Financial Corp.","filed_at":"2022-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.136862+00:00","generated_at":"2026-06-22T23:45:19.622979+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Primis Financial Q3 net income $5.1M, EPS $0.21; NPA jumps; authorizes 3% share buyback","bullets":["Q3 2022 net income from continuing ops $5.1M ($0.21 basic EPS) vs $6.2M a year ago; total revenue $33.0M up 29.4% YoY.","Net interest margin of 3.57% (up 70 bps YoY) driven by low deposit beta; loan yield ex-PPP rose to 4.51%.","Nonperforming assets (ex-SBA) increased to $37.2M from $19.9M at June 30 due to one assisted living relationship; no impairment.","Board authorized repurchase of up to 739,500 shares (~3% of outstanding) over one year; quarterly dividend of $0.10/share declared.","Expects $4.1M pre-tax gain in Q4 from Infinex acquisition; mortgage teams recruited with ~$700M annual production potential."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-035485","json":"https://secwatch.observer/filing/0001564590-22-035485.json","markdown":"https://secwatch.observer/filing/0001564590-22-035485.md","text":"https://secwatch.observer/filing/0001564590-22-035485.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325670/000156459022035485/0001564590-22-035485-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325670/000156459022035485/frst-8k_20221027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T23:45:19.622979+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":"6258ba45aaa4da92412f4ba72d873d84020600b3","claim":"Primis Financial Corp. reported the three months ended September 30, 2022 results: revenue $33.0 million, net income $5.1 million, EPS $0.21 on a basic and $0.20 on diluted basis.","evidence_excerpt":"non-interest bearing checking deposits of $687.3 million, representing 25.4% of total deposits at September 30, 2022, compared to 19.1% at September 30, 2021. Total revenue of $33.0 million in the current quarter of 2022, up 29.4% from the same period in 2021. Tangible common equity to tangible assets and leverage ratio of 8.73% and 9.96%, respectively, are 114","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325670/000156459022035485/0001564590-22-035485-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2022"},{"label":"Revenue","value":"$33.0 million"},{"label":"Net income","value":"$5.1 million"},{"label":"EPS","value":"$0.21 on a basic and $0.20 on diluted basis"},{"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"}