Primis Financial Corp. (FRA:7H80)

Primis Financial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	57.04	64.51	77.55	77.86	530.17	196.19
Investment Securities	89.14	69.55	72.12	75.54	89.25	79.27
Trading Asset Securities	2.2	6.61	13.21	0.9	0	-
Mortgage-Backed Securities	182.88	177.9	170.65	177.69	209.22	122.79
Total Investments	274.22	254.06	255.98	254.14	298.48	202.06
Gross Loans	3,043	2,887	3,219	2,947	2,338	2,440
Allowance for Loan Losses	-44.02	-53.72	-52.21	-34.54	-29.11	-36.35
Net Loans	2,999	2,834	3,167	2,912	2,309	2,404
Property, Plant & Equipment	29.56	29.71	31.26	30.59	36.28	37.82
Goodwill	93.46	93.46	93.46	104.61	101.95	101.95
Other Intangible Assets	7.83	8.73	12.66	13.65	10.16	5.83
Loans Held for Sale	74.44	247.11	57.69	27.63	-	-
Accrued Interest Receivable	18.8	14.3	20.1	10.8	10.6	20
Other Current Assets	2.42	5.5	6.74	3.12	-	12.95
Long-Term Deferred Tax Assets	21.4	26.47	22.4	19.87	10.07	14.65
Other Real Estate Owned & Foreclosed	-	-	-	-	1.16	3.08
Other Long-Term Assets	118.82	112.55	111.52	112.31	97.95	90.01
Total Assets	3,697	3,690	3,857	3,567	3,406	3,089
Interest Bearing Deposits	2,713	2,494	2,797	2,140	2,233	1,992
Institutional Deposits	-	238.61	-	-	-	-
Non-Interest Bearing Deposits	455.77	438.92	472.94	582.57	530.28	440.67
Total Deposits	3,169	3,171	3,270	2,722	2,763	2,433
Short-Term Borrowings	21.15	21.41	54.34	332.02	110.06	116.07
Current Portion of Leases	1.87	2.27	-	-	-	-
Long-Term Debt	86.06	86	85.77	85.53	85.3	105.65
Long-Term Leases	9.77	9.3	11.69	5.77	6.5	8.24
Trust Preferred Securities	9.89	9.88	9.83	9.78	9.73	9.68
Other Long-Term Liabilities	24.14	25.24	27.18	22.13	20.67	25.88
Total Liabilities	3,322	3,325	3,459	3,178	2,996	2,698
Common Stock	0.25	0.25	0.25	0.25	0.25	0.24
Additional Paid-In Capital	314.73	314.69	313.55	312.72	311.13	308.87
Retained Earnings	78.21	58.05	84.14	101.85	97.56	77.96
Comprehensive Income & Other	-17.62	-21.23	-21.78	-25.85	1.11	3.49
Total Common Equity	375.56	351.76	376.16	388.97	410.04	390.55
Minority Interest	-	13.23	21.43	-	-	-
Shareholders' Equity	375.56	364.98	397.59	388.97	410.04	390.55
Total Liabilities & Equity	3,697	3,690	3,857	3,567	3,406	3,089
Total Debt	128.74	128.86	161.62	433.1	211.59	239.63
Net Cash (Debt)	-69.5	-57.74	-70.86	-354.34	318.58	-43.45
Net Cash Per Share	-2.81	-2.34	-2.88	-14.36	12.95	-1.78
Filing Date Shares Outstanding	24.72	24.72	24.71	24.69	24.58	24.44
Total Common Shares Outstanding	24.72	24.72	24.69	24.68	24.57	24.37
Book Value Per Share	15.19	14.23	15.23	15.76	16.69	16.03
Tangible Book Value	274.27	249.57	270.05	270.71	297.92	282.77
Tangible Book Value Per Share	11.09	10.09	10.94	10.97	12.12	11.60

Source: S&P Global Market Intelligence. Banks template. Financial Sources.