Primis Financial Corp. FRST Time deposits
Time deposits at other companies
Other financials
Where this comes from
Reported directly by Primis Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:InterestBearingDomesticDepositTimeDeposits.
The official record: Primis Financial Corp.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Primis Financial Corp.'s time deposits?
- Primis Financial Corp. (FRST) reported time deposits of $316.16M in Q1 2026.
- How has Primis Financial Corp.'s time deposits changed year-over-year?
- Primis Financial Corp.'s time deposits decreased by 4.3% year-over-year, from $330.21M to $316.16M.
- What is the long-term trend for Primis Financial Corp.'s time deposits?
- Over 5 years (2020 to 2025), Primis Financial Corp.'s time deposits has grown at a -8.4% compound annual growth rate (CAGR), from $490.05M to $315.19M.
- What does time deposits mean?
- These are interest-bearing deposits with a specified maturity date, such as certificates of deposit, which typically offer higher yields in exchange for restricted access to funds. They provide the bank with predictable, long-term funding but at a higher cost than core transaction accounts. Managing the mix of time deposits is essential for optimizing interest expense and duration matching.