Welcome to our dedicated page for Primis Financial SEC filings (Ticker: FRST), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Primis Financial Corp. (NASDAQ: FRST) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Virginia-incorporated bank holding company for Primis Bank, Primis uses its SEC reports to present information on its commercial banking operations, capital management, governance and financial condition.
Among the most important documents for FRST are its annual reports on Form 10-K and quarterly reports on Form 10-Q, which contain detailed discussions of loan and deposit portfolios, segment performance for Primis Bank and Primis Mortgage, net interest income, noninterest income and expenses, and risk factors relevant to its commercial banking activities. These core filings are complemented by current reports on Form 8-K, where Primis discloses material events such as quarterly earnings releases, stock repurchase program authorizations, dividends, governance changes, deconsolidation of investments and significant balance sheet transactions.
Investors can also review filings related to corporate governance, including amendments to the Articles of Incorporation and bylaws, adoption of the Omnibus Incentive Plan and matters submitted to a vote of stockholders, as reported in Form 8-K exhibits. Together, these documents provide insight into how Primis manages its capital structure, board composition and executive compensation framework.
On Stock Titan, FRST filings are updated in near real time as they appear on EDGAR. AI-powered summaries help explain the key points in lengthy documents, highlighting items such as changes in loan quality, capital ratios, segment results and the terms of stock repurchase programs. Users can quickly scan 10-K and 10-Q reports, review 8-K announcements and locate information about dividends and other corporate actions without reading every page of the underlying filings.
Primis Financial Corp. reported mixed but improving first-quarter 2026 results. Net income available to common shareholders was $7.3 million, or $0.30 per diluted share, down from $22.6 million a year earlier, when results included a large Panacea investment gain. Operating net income, which excludes nonrecurring items, rose to $8.1 million, or $0.33 per diluted share, from $3.6 million, reflecting stronger core profitability.
Net interest income grew to $32.1 million and the net interest margin improved to 3.43% on higher earning assets and lower funding costs. Total assets reached $4.26 billion, with loans held for investment of $3.40 billion and deposits of $3.42 billion. Tangible book value per share increased to $13.47, up 18% year over year, while tangible common equity to tangible assets was 8.02%.
Nonperforming assets rose to 2.24% of total assets, partly due to one large relationship that became 90 days past due but subsequently made payments. The Board declared a $0.10 per-share quarterly cash dividend, payable May 22, 2026 to shareholders of record on May 8, 2026, marking the company’s fifty-eighth consecutive quarterly dividend.
Castle Creek Capital Partners VII, LP, a significant investor in Primis Financial Corp., has reduced its ownership through open-market sales. Between April 13 and April 17, 2026, it sold 254,175 shares of common stock for net proceeds of $3,545,670.55.
After these transactions, Fund VII owns 1,076,499 Primis shares, representing about 4.4% of the company’s 24,699,185 shares outstanding as of February 27, 2026. As of April 17, 2026, the reporting persons are no longer beneficial owners of more than five percent of Primis’ common stock.
Castle Creek Capital Partners VII, LP filed an amended Schedule 13D showing updated ownership in Primis Financial Corp.. The fund now holds 1,330,674 shares of common stock, representing 5.4% of the company’s outstanding shares based on 24,699,185 shares as of February 27, 2026.
Between February 5 and April 10, 2026, Castle Creek sold an aggregate 556,690 shares in open-market, broker-assisted transactions for net proceeds of $7,721,743.97, reducing but not exiting its position. Voting and disposition power over these shares is shared with Castle Creek Capital VII LLC, which disclaims beneficial ownership beyond its pecuniary interest.
Primis Financial Corp. is soliciting proxies for its 2026 annual meeting, where stockholders will elect ten directors, ratify the independent auditor and cast an advisory vote on executive compensation. Holders of 24,772,072 common shares as of March 27, 2026 may vote.
The board is fully declassified, with all directors standing for one-year terms, and the roles of Chair and CEO are separated. The proxy describes an active committee structure, strong attendance, and extensive risk and cybersecurity oversight. Executive pay blends salary, annual incentives and performance-based equity, with 2025 bonuses tied to net income, deposit and loan growth, and expense control.
Primis Financial Corp. reports on its 2025 performance and risk profile as a $4.0 billion-asset regional bank holding company for Primis Bank. As of December 31, 2025, it had $3.3 billion in loans held for investment, $3.4 billion in deposits and $423 million in stockholders’ equity.
The loan book is heavily real-estate focused, with $2.0 billion, or 61% of loans, secured by property and $1.2 billion, or 37%, in commercial real estate. Unsecured consumer loans total $183 million, including $90 million sourced and serviced by a third party, creating additional credit and counterparty risk.
Nonperforming assets rose sharply to $87 million, or 3% of total loans and other real estate owned, from $17 million a year earlier, reflecting asset quality pressure. Primis also highlights Panacea Financial’s $544 million in specialized healthcare loans, over $1 billion in annual mortgage originations through Primis Mortgage, more than $1 billion in warehouse lending commitments, and $1 billion of digital deposits, while noting regulatory, interest-rate and economic risks that could affect future results.
Primis Financial Corp. director John Fitzgerald Biagas reported an open-market purchase of 1,925 shares of common stock at $12.80 per share. Following this transaction, he directly owns 91,944 shares in total, including 10,233 shares held in his IRA.
Primis Financial Corp. director Deborah Diaz reported an open-market purchase of 1,050 shares of Common Stock at a price of $12.7693 per share. After this transaction, she directly owns 21,122 shares, indicating a modest increase in her personal stake in the company.
Primis Financial Corp. director John Fitzgerald Biagas bought 1,550 shares of Common Stock in an open-market purchase. The shares were acquired at a weighted average price of $12.7537 per share, with individual trades ranging from $12.72 to $12.7579.
Following this transaction, Biagas directly owns 90,019 shares, which includes 10,233 shares held in his IRA. The filing shows a net increase in his holdings, with no derivative securities reported.
Primis Financial Corp. EVP and Chief Credit Officer Marie Taylor Leibson exercised employee stock options into common shares. On the reported date, she exercised 5,500 stock options and received 5,500 shares of Primis common stock at $11.99 per share.
Following these transactions, she directly holds 68,847.88 shares of common stock. Footnotes state that her direct holdings include 10,061.40 shares in an IRA and 3,000 shares of restricted stock. She also holds performance-based restricted stock units that are eligible to vest in 2027 and 2028 based on performance and time-based conditions.
In addition, 9,761.9171 shares of common stock are held indirectly through a 401(k) plan for her benefit.