Financial insights of FRST

MyFinsight

For the quarter ending 2026-03-31.

Income Overview

Net Income
$6,529K
EPS
$0.3
Unit: Thousand (K) dollars

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Interest and fees on loans	50,134	48,545*	48,857	44,717
Interest and dividends on taxable securities	1,882	1,751*	1,808	1,831
Interest and dividends on tax exempt securities	29	86*	86	97
Interest and dividends on other earning assets	1,481	973*	1,015	982
Total interest and dividend income	53,526	51,353*	51,766	47,627
Interest on deposits	18,502	17,836*	20,571	20,497
Interest on other borrowings	2,950	3,408*	2,163	1,950
Total interest expense	21,452	21,243*	22,734	22,447
Net interest income	32,074	30,110*	29,032	25,180
Provision for credit gaines	1,549	-92*	-49	8,303
Gain on sale-leaseback	-	12,643*	-	-
Net interest income after provision for credit losses	30,525	30,202*	29,081	16,877
Loss on sales of investment securities	-	-3,694*	-	-
Account maintenance and deposit service fees	1,246	1,115*	1,358	1,675
Gains on other investments	-	50*	381	-308
Income from bank-owned life insurance	472	444*	456	438
Gains on panacea financial holdings investment	-	47,575*	294	7,450
Mortgage banking income	10,760	7,217*	8,887	7,893
Gains on sale of loans	567	1,241*	249	210
Consumer program derivative income (loss)	396	55*	264	593
Other noninterest income	114	710*	80	79
Total noninterest income	13,555	67,353*	11,969	18,030
Salaries and benefits	19,556	26,002*	18,523	17,060
Occupancy expenses	2,552	2,525*	1,575	1,318
Furniture and equipment expenses	2,065	1,916*	1,906	1,809
Amortization of intangible assets	-	169*	0	289
Virginia franchise tax expense	611	578*	576	577
Fdic insurance assessment	738	701*	999	1,021
Data processing expense	2,188	2,567*	2,369	3,037
Marketing expense	760	401*	450	720
Telephone and communication expense	311	323*	309	324
Loss (gain) on bank premises and equipment and assets held for sale	-	-48*	-	-
Professional fees	1,860	3,494*	2,509	2,413
Fraud losses	-	58*	-	-
Miscellaneous lending expenses	728	903*	231	900
Other operating expenses	2,385	2,871*	2,866	2,474
Total noninterest expenses	33,754	42,553*	32,313	31,942
Income before income taxes	10,326	55,002*	8,737	2,965
Income tax expense	3,014	11,061*	1,907	528
Net income	7,312	43,941*	6,830	2,437
Net loss attributable to noncontrolling interests	-	-3,602*	0	-
Net income attributable to primis' common stockholders	7,312	47,543*	6,830	2,437
Unrealized gain (loss) on available-for-sale securities	-991	2,290*	-	-
Less reclassification adjustment for losses on available-for-sale securities included in net income	-	-15,851*	-	-
Other comprehensive income, before tax	-	18,141*	1,703	2,123
Income tax expense (benefit) related to other comprehensive income	-208	4,112*	358	446
Other comprehensive income (loss), net of tax	-783	14,029*	1,345	1,677
Comprehensive income	6,529	61,572	8,175	4,114

Basic EPS	0.3	2.496	0.28	0.1
Diluted EPS	0.3	2.494	0.28	0.1
Basic Average Shares	24,665,000	24,671,000	24,632,000	24,701,000
Diluted Average Shares	24,715,000	24,691,000	24,644,000	24,714,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Income Overview

Net Income
$6,529K
EPS
$0.3
Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

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Income Overview

Net Income
$6,529K
EPS
$0.3
Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image

Income Overview

Net Income$6,529KEPS$0.3Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Income Overview

Net Income$6,529KEPS$0.3Unit: Thousand (K) dollars

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Net Income
$6,529K
EPS
$0.3
Unit: Thousand (K) dollars

Net Income
$6,529K
EPS
$0.3
Unit: Thousand (K) dollars