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Primis Financial Corp. (FRST)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
12.31+0.07 (+0.57%)
As of 10:57AM EST. Market open.
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Primis Financial Corp.

6830 Old Dominion Drive
McLean, VA 22101
United States
703 893 7400
https://www.primisbank.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees418

Key Executives

NameTitlePayExercisedYear Born
Mr. Dennis J. Zember Jr.Pres, CEO & Director986.19kN/A1970
Mr. Matthew Alan SwitzerExec. VP & CFO451.47kN/A1978
Mr. George Sheflett Jr.Exec. VP, COO & Chief Information Officer325.24k7.34k1971
Mr. Jeffrey L. KarafaExec. VP & Chief Accounting Officer581.39kN/A1965
Mr. Stephen Byron WeberExec. VP & Chief Strategy Officer411.49kN/A1975
Mr. Clinton Tyler Stafford C.F.A.Co-Founder, CEO & Pres of Panacea FinancialN/AN/A1985
Mr. William H. StevensChief Credit Risk OfficerN/AN/A1945
Mr. Douglas Robert TaylorChief Risk OfficerN/AN/A1957
Mr. John Colantoni Jr.Exec. VP & Chief Risk OfficerN/AN/AN/A
Mr. Brandon FinazzoHead of Practice SolutionsN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Primis Financial Corp. operates as the bank holding company for Primis Bank that provides a range of financial services to individuals and small and medium sized businesses in the United States. Its deposit products include checking, NOW, savings, and money market accounts, as well as certificates of deposits. The company also offers commercial business and real estate, construction, secured asset based, small business administration, mortgage warehouse lending products, as well as financing for medical, dental, and veterinary businesses; residential mortgage, trust mortgage, home equity lines of credit, secured and unsecured personal, and consumer loans, as well as life insurance premium financing and demand loans. It also offers cash management services comprising investment/sweep, zero balance, and controlled disbursement accounts; and wire transfer, employer/payroll processing, night depository, depository transfer, merchant, ACH origination, and remote deposit capture services. In addition, the company provides debit cards, ATM services, notary services, and mobile and online banking. As of December 31, 2021, it operated forty full-service branches in Virginia and Maryland. The company was formerly known as Southern National Bancorp of Virginia, Inc. and changed its name to Primis Financial Corp. Primis Financial Corp. was founded in 2004 and is based in McLean, Virginia.

Corporate Governance

Primis Financial Corp.’s ISS Governance QualityScore as of October 1, 2022 is 6. The pillar scores are Audit: 3; Board: 6; Shareholder Rights: 6; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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