Every 10-Q that First Seacoast Bancorp, Inc. (FSEA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FSEA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FSEA filings page.
First Seacoast Bancorp, Inc. reported improved results for the quarter ended June 30, 2026 and entered into a cash merger agreement with Cambridge Financial Group, Inc. Quarterly net income was $249 thousand, compared with a net loss of $545 thousand a year earlier. For the first six months of 2026, the company recorded a net loss of $259 thousand versus a loss of $1,148 thousand in the prior-year period. Net interest and dividend income rose to $3,684 thousand in the quarter, aided by lower interest expense and a small release of credit loss provisions, while non-interest expenses declined modestly to $4,123 thousand.
Total assets were $576,115 thousand at June 30, 2026, down from $599,295 thousand at year-end 2025, reflecting lower cash and securities balances. Deposits totaled $454,200 thousand, and gross loans increased slightly to $421,864 thousand. The allowance for credit losses on loans was $3,428 thousand, and non-accrual loans were $128 thousand, below the $361 thousand level at December 31, 2025. Securities available-for-sale had a fair value of $133,783 thousand with gross unrealized losses of $7,806 thousand, which management attributes to noncredit factors.
On May 4, 2026, the company agreed to merge with Cambridge Financial. Each outstanding share of common stock will be converted into the right to receive $17.25 in cash, without interest. The transaction is subject to regulatory and stockholder approvals and other customary closing conditions, with closing expected in the third quarter of 2026.
First Seacoast Bancorp, Inc. reported a small net loss for the quarter. Net loss was $508,000 for the three months ended March 31, 2026, compared with $603,000 a year earlier, and basic and diluted loss per share were $0.12 versus $0.14.
Total assets were $588.8 million and total loans were $418.4 million, with an allowance for credit losses on loans of $3.4 million. Deposits totaled $459.0 million, down modestly from year-end as time deposits declined while non-interest-bearing and money market balances increased. Net interest and dividend income after a small credit loss release was $3.5 million, and non-interest expense of $4.2 million drove the loss.
The company generated positive operating cash flow and strong capital levels; the bank’s common equity Tier 1 capital ratio was 14.72%, categorized as well capitalized. As of May 11, 2026, common shares outstanding were 4,691,674.
First Seacoast Bancorp (FSEA) reported a return to profitability in the quarter, posting Q3 2025 net income of $390 thousand (basic EPS $0.09; diluted $0.08), compared with $44 thousand a year ago. Net interest and dividend income rose to $3.45 million from $2.98 million as interest expense eased slightly and securities income improved.
For the first nine months, the Company recorded a net loss of $758 thousand versus income of $895 thousand last year, which benefited from a $2.52 million gain on sale of land and buildings. Noninterest income in Q3 increased to $544 thousand, while noninterest expense rose to $4.19 million.
The balance sheet expanded: total assets $609.6 million (from $580.8 million), deposits $480.0 million (from $454.2 million). Loans were $433.5 million and securities available-for-sale were $142.5 million. Credit quality remained stable with nonaccrual loans $194 thousand and an allowance for credit losses $3.52 million. Accumulated other comprehensive loss improved to $(5.08) million, and stockholders’ equity increased to $63.16 million.
First Seacoast Bancorp (FSEA) posted a swing to loss in its Q2-25 Form 10-Q. Net loss was $545k (-$0.13 per share) versus a $2.0 million profit a year ago; six-month loss reached $1.15 million. The reversal stems from the absence of last year’s $2.5 million real-estate gain and a 14 % rise in non-interest expense, which more than offset stronger core spread income.
Core banking trends improved. Net interest & dividend income rose 13 % YoY in the quarter to $3.43 million as asset yields outpaced funding costs. Loans were essentially flat at $439.5 million while securities AFS expanded 20 % to $144.3 million, boosting liquidity. Deposits increased 4 % since year-end to $472.3 million, but higher-cost time deposits drove most of the growth. The bank added $6.7 million of FHLB advances, lifting total wholesale borrowings to $59 million.
Asset quality remains pristine. Only $0.2 million of loans were 30-59 days past due and there are no non-accrual loans or charge-offs. The allowance of $3.52 million (0.80 % of loans) was unchanged.
Capital contracted. Shareholders’ equity fell to $60.8 million (-$1.25 million YTD) on losses and $0.8 million in buybacks; accumulated OCI remains a $6.9 million drag.
Management foresees one reportable segment and adopted ASU 2023-07, but no new guidance materially affects results.