v3.26.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
SBA Defined Contribution Plan for Primis Bank  
Fair Value Measurements  
Schedule of Plan's Assets Fair Value Hierarchy

Fair Value as of December 31, 2025

Level 1

Level 2

Level 3

Total

Mutual funds

$

9,694,110

$

-

$

-

$

9,694,110

Primis common stock

1,512,347

-

-

1,512,347

Money market fund

33,993

-

-

33,993

Total

$

11,240,450

$

-

$

-

$

11,240,450

Investments measured at net asset value:

Common collective trusts:*

Stable value fund

$

3,136,972

Wilmington Trust MFS

2,566,657

Target retirement trusts

35,873,647

Total common collective trusts

41,577,276

Total investments

$

52,817,726

Fair Value as of December 31, 2024

Level 1

Level 2

Level 3

Total

Mutual funds

$

8,781,497

$

-

$

-

$

8,781,497

Primis common stock

1,237,307

-

-

1,237,307

Money market fund

280,097

-

-

280,097

Total

$

10,298,901

$

-

$

-

$

10,298,901

Investments measured at net asset value:

Common collective trusts:*

Stable value fund

$

1,490,689

Wilmington Trust MFS

3,177,290

Target retirement trusts

28,843,533

Total common collective trusts

33,511,512

Total investments

$

43,810,413

* Represents investment in common collective trusts consisting of equity securities in domestic and foreign corporations and various fixed-income securities. There are no unfunded commitments. Certain withdrawals for other than normal benefit payments and participant directed transfers may require up to twelve months’ notice.