Primis Financial Corp. (FRST)

Nasdaq: FRST · State Commercial Banks · Mclean, VA · filing with the SEC since 2005

Grade4.3

◀ Past 2.9● Present 5.8▶ Future 4.5

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 16, 2026	Apr 29, 2025	Oct 15, 2024	Mar 15, 2023	Mar 14, 2022	Mar 16, 2021	Mar 16, 2020	Mar 15, 2019	Mar 16, 2018	Mar 16, 2017
For lenders
Interest and dividend income	200,442	210,969	192,618	123,287^r	113,143^r	117,694^r	120,524	118,907	83,570	48,947
Interest expense on deposits and borrowings	89,014	106,747	93,907	21,587	·	·	·	·	·	·
Net interest income	111,428	104,222	98,711	101,700^r	94,103^r	91,555^r	83,600	91,066	67,917	40,314
Provision for credit losses	·	·	·	·	-5,801	19,450	350	4,200	8,625	4,912
Net interest income after provision	99,139	53,601	66,171	90,429^r	99,904^r	72,105^r	83,250	86,866	59,292	35,402
Noninterest income	112,350	43,140	45,250	18,352^r	11,138^r	14,662^r	11,395^r	10,199	5,429	2,820
Noninterest expense	138,935	125,644	122,600	91,448^r	71,476^r	68,051^r	56,592	53,760	49,149	22,815
Interest expense	·	·	93,907	21,587	19,040	26,139	36,924	27,841	15,653	8,633
Income before income taxes	72,554	-28,903	-11,179	17,333^r	39,566^r	18,716^r	38,053^r	43,305	15,572	15,407
Income tax expense	14,713	-4,238	-1,067	3,185^r	8,683^r	4,140^r	5,892^r	9,614	13,147	5,095
Income from continuing operations	·	·	-10,112	14,148^r	30,883^r	14,576^r	32,161	·	2,425	10,312
Income from discontinued operations	·	·	·	·	230	8,403	1,006	·	·	·
Net income including non-controlling interests	57,841	-24,665	-10,112	14,148^r	31,113^r	22,979^r	33,167	33,691	2,425	10,312
Net income to non-controlling interests	-3,602	-8,460	-2,280	·	·	·	·	·	·	·
Net income	61,443	-16,205	-7,832	14,148^r	31,113^r	22,979^r	33,167	33,691	2,425	10,312
Net income to common shareholders	61,443	-16,205	-7,832	14,148^r	30,883^r	14,576^r	32,161^r	33,691	2,425	10,312
Earnings per share, basic	2.49	-0.66	-0.32	0.58	·	0.96	1.38	1.40	0.13	0.84
Earnings per share, diluted	2.49	-0.66	-0.32	0.57	·	0.96	1.36	1.39	0.13	0.83
Weighted average shares, basic	24,668	24,688	24,639	24,561	24,438	24,239	24,050	24,012	18,391	12,252^r
Weighted average shares, diluted	24,683	24,688	24,639	24,669	24,601	24,363	24,325	24,273	18,672	12,427^r

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanAndLeaseLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keeps

us-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton FRST · research, not advice