Primis Announces Completion Of Acquisition Of Seatrust Mortgage Company
06/01/22, 11:01 AM
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Primis Bank (the "Bank"), the wholly-owned subsidiary of Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), has completed its acquisition, effective May 31, 2022, of SeaTrust Mortgage Company ("SeaTrust"). With the closing of the acquisition, SeaTrust now operates as a wholly-owned subsidiary of the Bank and has changed its name to Primis Mortgage Company ("Primis Mortgage").
Company Info
Company info
As of March 31, 2022, Primis had $3.22 billion in total assets, $2.39 billion in total loans and $2.69 billion in total deposits. Primis Bank provides a range of financial services to individuals and small- and medium-sized businesses through forty full-service branches in Virginia and Maryland and provides services to customers through certain online and mobile applications.
Contacts:
Address:
Dennis J. Zember, Jr., President and CEO
Primis Bank
Matthew A. Switzer, EVP and CFO
10900 Nuckols Road, Suite 325
Phone: (703) 893-7400
Glen Allen, VA 23060
Primis Financial Corp., NASDAQ Symbol FRST
Website: www.primisbank.com
SOURCE Primis Financial Corp.