Primis Financial Corp. Files Q1 2025 10-Q
Ticker: FRST · Form: 10-Q · Filed: May 14, 2025 · CIK: 1325670
| Field | Detail |
|---|---|
| Company | Primis Financial CORP. (FRST) |
| Form Type | 10-Q |
| Filed Date | May 14, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, banking
TL;DR
Primis Financial Corp. 10-Q filed for Q1 2025. Shows debt, equity, and assets.
AI Summary
Primis Financial Corp. filed its 10-Q for the period ending March 31, 2025. The filing details financial positions including subordinated debt and common stock. The company, formerly Southern National Bancorp of Virginia Inc., is based in McLean, VA.
Why It Matters
This filing provides a snapshot of Primis Financial Corp.'s financial health and operational details for the first quarter of 2025, crucial for investors and analysts.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing with no immediate red flags.
Key Numbers
- 24,722,734 — Total Assets (As of March 31, 2025)
- 2025-03-31 — Subordinated Debt (Reported as of March 31, 2025)
- 2024-12-31 — Subordinated Debt (Reported as of December 31, 2024)
Key Players & Entities
- Primis Financial Corp. (company) — Filer
- Southern National Bancorp of Virginia Inc. (company) — Former Company Name
- 20250331 (date) — Reporting Period End Date
- 20250514 (date) — Filing Date
- Panacea Financial Holdings Inc. (company) — Variable Interest Entity
FAQ
What was the total value of Primis Financial Corp.'s assets as of March 31, 2025?
The total assets were $24,722,734 as of March 31, 2025.
What is the company's former name?
The company's former name was Southern National Bancorp of Virginia Inc.
What is the reporting period for this 10-Q filing?
The reporting period is March 31, 2025.
What is the company's state of incorporation?
The state of incorporation is VA (Virginia).
Does the filing mention any variable interest entities?
Yes, the filing mentions Panacea Financial Holdings Inc. as a variable interest entity.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 14, 2025 regarding Primis Financial Corp. (FRST).