Primis Financial Corp. reported net charge-offs for the second quarter ended June 30, 2023. The company reported net charge-offs were $1.6 million for the second quarter of 2023, down from $4.0 million for the first quarter of 2023.

Excluding the losses that are covered by a third-party, the second quarter of 2023 would have experienced $0.2 million of net charge-offs versus $2.1 million of net charge-offs in the first quarter of 2023.