For the quarter ending 2025-09-30, FRST has $3,954,849K in assets. $3,572,696K in debts. $63,881K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from financial institutions | 7,692 | 7,665 | ||
| Interest-bearing deposits in other financial institutions | 56,189 | 86,409 | ||
| Total cash and cash equivalents | 63,881 | 94,074 | ||
| Securities available-for-sale, at fair value (amortized cost of 252,991 and 262,632, respectively) | 234,660 | 242,073 | ||
| Gross unrecognized gains-USGovernment Agencies Debt Securities | 2 | - | ||
| Gross unrecognized losses-USGovernment Agencies Debt Securities | 485 | - | ||
| Securities held-to-maturity, fair value-USGovernment Agencies Debt Securities | 6,410 | - | ||
| Gross unrecognized gains-USStates And Political Subdivisions | 0 | - | ||
| Gross unrecognized losses-USStates And Political Subdivisions | 26 | - | ||
| Securities held-to-maturity, fair value-USStates And Political Subdivisions | 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 8,037 and 8,602, respectively) | 8,550 | 8,850 | ||
| Loans held for sale, at fair value | 148,781 | 126,869 | ||
| Loans held for sale, at lower of cost or market | 53,591 | 0 | ||
| Total loans held for sale | 202,372 | 126,869 | ||
| Loans held for investment, collateralizing secured borrowings | 15,476 | 16,528 | ||
| Loans held for investment | 3,184,758 | 3,113,993 | ||
| Less allowance for credit losses | 44,766 | 45,985 | ||
| Net loans | 3,155,468 | 3,084,536 | ||
| Stock in federal reserve bank and federal home loan bank | 17,035 | 12,998 | ||
| Bank premises and equipment, net | 19,380 | 19,642 | ||
| Assets held for sale | 775 | 2,181 | ||
| Operating lease right-of-use assets | 9,427 | 9,927 | ||
| Cloud computing arrangement assets, net | 6,017 | 6,711 | ||
| Goodwill | 93,459 | 93,459 | ||
| Intangible assets, net | 43 | 49 | ||
| Bank-owned life insurance | 68,504 | 68,048 | ||
| Deferred tax assets, net | 17,328 | 19,466 | ||
| Consumer program derivative asset | 409 | 1,177 | ||
| Investment in panacea financial holdings, inc. common stock | 6,880 | 6,586 | ||
| Other assets | 50,661 | 75,080 | ||
| Total assets | 3,954,849 | 3,871,726 | ||
| Noninterest-bearing demand deposits | 489,728 | 477,705 | ||
| Now accounts | 831,709 | 858,624 | ||
| Money market accounts | 737,634 | 744,321 | ||
| Savings accounts | 958,416 | 935,527 | ||
| Time deposits | 318,865 | 326,496 | ||
| Total interest-bearing deposits | 2,846,624 | 2,864,968 | ||
| Total deposits | 3,336,352 | 3,342,673 | ||
| Securities sold under agreements to repurchase | 3,954 | 4,370 | ||
| Secured borrowings | 15,403 | 16,449 | ||
| Fhlb advances | 85,000 | - | ||
| Junior subordinated debt | 9,917 | 9,904 | ||
| Senior subordinated notes | 86,174 | 86,116 | ||
| Operating lease liabilities | 10,682 | 11,195 | ||
| Other liabilities | 25,214 | 24,604 | ||
| Total liabilities | 3,572,696 | 3,495,311 | ||
| Common stock, 0.01 par value. authorized 45,000,000 shares 24,723,934 shares issued and 24,644,385 shares outstanding at september 30, 2025, and 24,722,734 shares issued and outstanding at december 31, 2024 | 247 | 247 | ||
| Additional paid in capital | 314,770 | 314,743 | ||
| Retained earnings | 82,541 | 78,175 | ||
| Treasury stock, at cost. 79,549 shares at september 30, 2025 | 807 | 807 | ||
| Accumulated other comprehensive loss | -14,598 | -15,943 | ||
| Total primis stockholders' equity | 382,153 | 376,415 | ||
| Noncontrolling interests | 0 | 0 | ||
| Total stockholders' equity | 382,153 | 376,415 | ||
| Total liabilities and stockholders' equity | 3,954,849 | 3,871,726 | ||
Primis Financial Corp. (FRST)
Primis Financial Corp. (FRST)