For the quarter ending 2026-03-31, FRST has $4,256,668K in assets. $3,829,470K in debts. $159,881K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and due from financial institutions | 8,360 | 9,690 | 7,692 | 7,665 |
| Interest-bearing deposits in other financial institutions | 151,521 | 133,917 | 56,189 | 86,409 |
| Total cash and cash equivalents | 159,881 | 143,607 | 63,881 | 94,074 |
| Securities available-for-sale, at fair value (amortized cost of 175,717 and 174,226, respectively) | 171,877 | 171,377 | 234,660 | 242,073 |
| Gross unrecognized gains-USGovernment Agencies Debt Securities | 2 | 2 | 2 | - |
| Gross unrecognized losses-USGovernment Agencies Debt Securities | 411 | 397 | 485 | - |
| Securities held-to-maturity, fair value-USGovernment Agencies Debt Securities | 4,864 | 5,067 | 6,410 | - |
| Gross unrecognized gains-USStates And Political Subdivisions | - | - | 0 | - |
| Gross unrecognized losses-USStates And Political Subdivisions | 40 | 26 | 26 | - |
| Securities held-to-maturity, fair value-USStates And Political Subdivisions | 1,479 | 1,493 | 1,493 | - |
| Gross unrecognized gains-Residential Mortgage Backed Securities | - | - | 0 | - |
| Gross unrecognized losses-Residential Mortgage Backed Securities | - | - | 4 | - |
| Securities held-to-maturity, fair value-Residential Mortgage Backed Securities | - | - | 134 | - |
| Securities held-to-maturity, at amortized cost (fair value of 6,343 and 6,560, respectively) | 6,792 | 6,981 | 8,550 | 8,850 |
| Loans held for sale, at fair value | 181,715 | 166,066 | 148,781 | 126,869 |
| Loans held for sale, at lower of cost or market | 41,465 | - | 53,591 | 0 |
| Total loans held for sale | 223,180 | 166,066 | 202,372 | 126,869 |
| Loans held for investment, collateralizing secured borrowings | 14,516 | 14,843 | 15,476 | 16,528 |
| Loans held for investment | 3,381,850 | 3,268,840 | 3,184,758 | 3,113,993 |
| Less allowance for credit losses | 46,381 | 45,883 | 44,766 | 45,985 |
| Intangible assets, net | - | 36 | 43 | 49 |
| Net loans | 3,349,985 | 3,237,800 | 3,155,468 | 3,084,536 |
| Stock in federal reserve bank and federal home loan bank | 24,162 | 14,185 | 17,035 | 12,998 |
| Bank premises and equipment, gross | - | 17,330 | - | - |
| Less accumulated depreciation and amortization | - | 11,260 | - | - |
| Bank premises and equipment, net | 5,924 | 6,070 | 19,380 | 19,642 |
| Assets held for sale | - | 776 | 775 | 2,181 |
| Operating lease right-of-use assets | 64,781 | 65,596 | 9,427 | 9,927 |
| Cloud computing arrangement assets, net | 4,460 | 5,239 | 6,017 | 6,711 |
| Goodwill | 93,459 | 93,459 | 93,459 | 93,459 |
| Bank-owned life insurance | 76,958 | 68,969 | 68,504 | 68,048 |
| Consumer program derivative asset | - | 159 | 409 | 1,177 |
| Deferred tax assets, net | 14,593 | 14,683 | 17,328 | 19,466 |
| Investment in panacea financial holdings, inc. common stock | 6,899 | 6,899 | 6,880 | 6,586 |
| Accrued interest on loans and investments | 19,830 | - | - | - |
| Other assets | 33,887 | 45,486 | 50,661 | 75,080 |
| Total assets | 4,256,668 | 4,047,388 | 3,954,849 | 3,871,726 |
| Noninterest-bearing demand deposits | 541,168 | 554,442 | 489,728 | 477,705 |
| Now accounts | 844,528 | 862,735 | 831,709 | 858,624 |
| Money market accounts | 778,366 | 740,886 | 737,634 | 744,321 |
| Savings accounts | 942,847 | 922,337 | 958,416 | 935,527 |
| Time deposits | 316,156 | 315,185 | 318,865 | 326,496 |
| Total interest-bearing deposits | 2,881,897 | 2,841,143 | 2,846,624 | 2,864,968 |
| Total deposits | 3,423,065 | 3,395,585 | 3,336,352 | 3,342,673 |
| Securities sold under agreements to repurchase | 3,525 | 3,552 | 3,954 | 4,370 |
| Secured borrowings | 14,450 | 14,773 | 15,403 | 16,449 |
| Fhlb advances | 230,000 | 25,000 | 85,000 | - |
| Junior subordinated debt | 9,941 | 9,929 | 9,917 | 9,904 |
| Senior subordinated notes | 59,370 | 86,233 | 86,174 | 86,116 |
| Operating lease liabilities | 60,832 | 61,340 | 10,682 | 11,195 |
| Other liabilities | 28,287 | 28,080 | 25,214 | 24,604 |
| Total liabilities | 3,829,470 | 3,624,492 | 3,572,696 | 3,495,311 |
| Common stock, 0.01 par value. authorized 45,000,000 shares 24,851,621 shares issued and 24,772,072 shares outstanding at march 31, 2026, and 24,774,934 shares issued and 24,695,385 shares outstanding at december 31, 2025 | 248 | 247 | 247 | 247 |
| Additional paid in capital | 316,840 | 316,509 | 314,770 | 314,743 |
| Retained earnings | 114,370 | 109,617 | 82,541 | 78,175 |
| Treasury stock, at cost 79,549 shares at march 31, 2026 and december 31, 2025 | 807 | 807 | 807 | 807 |
| Accumulated other comprehensive loss | -3,453 | -2,670 | -14,598 | -15,943 |
| Total stockholders' equity | - | 422,896 | 382,153 | 376,415 |
| Noncontrolling interests | - | - | 0 | 0 |
| Total primis stockholders' equity | 427,198 | 422,896 | 382,153 | 376,415 |
| Total liabilities and stockholders' equity | 4,256,668 | 4,047,388 | 3,954,849 | 3,871,726 |
Primis Financial Corp. (FRST)
Primis Financial Corp. (FRST)