Primis Financial Corp. FRST Secured Debt
Secured Debt 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:SecuredDebt.
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 secured debt?
- Primis Financial Corp. (FRST) reported secured debt of $14.45M in Q1 2026.
- How has Primis Financial Corp.'s secured debt changed year-over-year?
- Primis Financial Corp.'s secured debt decreased by 13.6% year-over-year, from $16.73M to $14.45M.
- What is the long-term trend for Primis Financial Corp.'s secured debt?
- Over 2 years (2023 to 2025), Primis Financial Corp.'s secured debt has grown at a -14.9% compound annual growth rate (CAGR), from $20.39M to $14.77M.
- What does secured debt mean?
- This represents the total principal amount of debt obligations for which specific company assets have been pledged as collateral to the lender. By securing debt with tangible assets, the company often benefits from lower interest rates, though it limits the flexibility of those assets in the event of financial distress. Monitoring this metric helps investors assess the level of asset encumbrance and the potential risk to unsecured creditors.