For the year ending 2025-12-31, FRST has $4,047,388K in assets. $3,624,492K in debts. $143,607K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and due from financial institutions | 9,690 | |||
| Interest-bearing deposits in other financial institutions | 133,917 | |||
| Total cash and cash equivalents | 143,607 | |||
| Securities available-for-sale, at fair value (amortized cost of 174,226 and 262,632, respectively) | 171,377 | |||
| Gross unrecognized gains-USGovernment Agencies Debt Securities | 2 | |||
| Gross unrecognized losses-USGovernment Agencies Debt Securities | 397 | |||
| Securities held-to-maturity, fair value-USGovernment Agencies Debt Securities | 5,067 | |||
| Gross unrecognized losses-USStates And Political Subdivisions | 26 | |||
| Securities held-to-maturity, fair value-USStates And Political Subdivisions | 1,493 | |||
| Securities held-to-maturity, at amortized cost (fair value of 6,560 and 8,602, respectively) | 6,981 | |||
| Loans held for sale, at fair value | 166,066 | |||
| Total loans held for sale | 166,066 | |||
| Loans held for investment, collateralizing secured borrowings | 14,843 | |||
| Loans held for investment | 3,268,840 | |||
| Less allowance for credit losses | 45,883 | |||
| Net loans | 3,237,800 | |||
| Stock in federal reserve bank and federal home loan bank | 14,185 | |||
| Bank premises and equipment, gross | 17,330 | |||
| Less accumulated depreciation and amortization | 11,260 | |||
| Bank premises and equipment, net | 6,070 | |||
| Assets held for sale | 776 | |||
| Operating lease right-of-use assets | 65,596 | |||
| Cloud computing arrangement assets, net | 5,239 | |||
| Goodwill | 93,459 | |||
| Intangible assets, net | 36 | |||
| Bank-owned life insurance | 68,969 | |||
| Deferred tax assets, net | 14,683 | |||
| Consumer program derivative asset | 159 | |||
| Investment in panacea financial holdings, inc. common stock | 6,899 | |||
| Other assets | 45,486 | |||
| Total assets | 4,047,388 | |||
| Noninterest-bearing demand deposits | 554,442 | |||
| Now accounts | 862,735 | |||
| Money market accounts | 740,886 | |||
| Savings accounts | 922,337 | |||
| Time deposits | 315,185 | |||
| Total interest-bearing deposits | 2,841,143 | |||
| Total deposits | 3,395,585 | |||
| Securities sold under agreements to repurchase | 3,552 | |||
| Secured borrowings | 14,773 | |||
| Fhlb advances | 25,000 | |||
| Junior subordinated debt | 9,929 | |||
| Senior subordinated notes | 86,233 | |||
| Operating lease liabilities | 61,340 | |||
| Other liabilities | 28,080 | |||
| Total liabilities | 3,624,492 | |||
| Common stock, 0.01 par value. authorized 45,000,000 shares 24,774,934 shares issued and 24,695,385 shares outstanding at december 31, 2025, and 24,722,734 shares issued and outstanding at december 31, 2024 | 247 | |||
| Additional paid in capital | 316,509 | |||
| Retained earnings | 109,617 | |||
| Treasury stock, at cost. 79,549 shares at december 31, 2025 and zero shares at december 31, 2024 | 807 | |||
| Accumulated other comprehensive loss | -2,670 | |||
| Total stockholders' equity | 422,896 | |||
| Total primis stockholders' equity | 422,896 | |||
| Total liabilities and stockholders' equity | 4,047,388 | |||
Primis Financial Corp. (FRST)
Primis Financial Corp. (FRST)