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First Seacoast Bancorp FSEA Reserve for ESOP Debt Retirement

Reserve for ESOP Debt Retirement at other companies

Home Bancorp logo
Home BancorpHBCP
$5.68M-8.3%
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$121.53M-4.0%
Western New England Bancorp logo
Western New England BancorpWNEB
$1.33M-25.5%

Other financials

Income statement

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Revenue$3.9M+11.2%
Net income-$508.0K+15.8%
EPS (diluted)-$0.12+14.3%

Balance sheet

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Total debt$7.7M+8.2%
Total equity$62.6M+2.3%
Total assets$588.8M-0.6%

Cash flow

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Operating cash flow$547.0K-4.5%
CapEx$346.0K+1,016%
Free cash flow$201.0K-62.9%

Valuation

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Market cap$79.1M+49.2%
P/S+1.2×

Profitability

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Net margin-4.7%-5.0pp
FCF margin-18.3%

Returns & leverage

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Return on equity-1.2%-1.3pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by First Seacoast Bancorp in its filing.

Tagged under the XBRL concept us-gaap:UnearnedESOPShares.

The official record: First Seacoast Bancorp’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Seacoast Bancorp's reserve for ESOP debt retirement?
First Seacoast Bancorp (FSEA) reported reserve for ESOP debt retirement of $4.23M in Q1 2026.
How has First Seacoast Bancorp's reserve for ESOP debt retirement changed year-over-year?
First Seacoast Bancorp's reserve for ESOP debt retirement decreased by 10.6% year-over-year, from $4.73M to $4.23M.
What is the long-term trend for First Seacoast Bancorp's reserve for ESOP debt retirement?
Over 4 years (2021 to 2025), First Seacoast Bancorp's reserve for ESOP debt retirement has grown at a 8.3% compound annual growth rate (CAGR), from $3.16M to $4.36M.
What does reserve for ESOP debt retirement mean?
This equity account represents the contra-equity or reserve associated with debt incurred to fund an Employee Stock Ownership Plan. It reflects the accounting treatment of shares held by the ESOP that have not yet been allocated to employees. Changes in this balance provide insight into the bank's capital structure and the impact of employee ownership programs on shareholder equity.