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Primis Financial Corp. FRST Data processing and equipment
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Where this comes from
Reported directly by Primis Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.
The source filing: Primis Financial Corp.’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 4:01 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001104659-26-092672
| Line item | For the Three Months Ended June 30, 2026 | For the Three Months Ended June 30, 2025 | For the Six Months Ended June 30, 2026 | For the Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Furniture and equipment expenses | 2,153 | 1,809 | 4,218 | 3,666 |
| Virginia franchise tax expense | 695 | 577 | 1,306 | 1,154 |
| FDIC insurance assessment | 854 | 1,021 | 1,592 | 1,814 |
| Data processing expense | 2,342 | 3,037 | 4,530 | 5,886 |
| Marketing expense | 934 | 720 | 1,694 | 1,234 |
| Telephone and communication expense | 350 | 324 | 661 | 611 |
| Professional fees | 2,886 | 2,413 | 4,746 | 4,638 |
| Miscellaneous lending expenses | 1,128 | 900 | 1,856 | 1,734 |
ITEM 1 - FINANCIAL STATEMENTS
FAQ
- What is Primis Financial Corp.'s data processing and equipment?
- Primis Financial Corp. (FRST) reported data processing and equipment of $2.34M in Q2 2026.
- How has Primis Financial Corp.'s data processing and equipment changed year-over-year?
- Primis Financial Corp.'s data processing and equipment decreased by 22.9% year-over-year, from $3.04M to $2.34M.
- What is the long-term trend for Primis Financial Corp.'s data processing and equipment?
- Over 4 years (2021 to 2025), Primis Financial Corp.'s data processing and equipment has grown at a 29.0% compound annual growth rate (CAGR), from $3.85M to $10.68M.
- What does data processing and equipment mean?
- Covers costs associated with maintaining core banking systems, digital infrastructure, cybersecurity, and data processing services. As banks increasingly digitize their services, this metric serves as a key indicator of investment in technological competitiveness and operational scalability.
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