First Seacoast Bancorp Inc (FSEA)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
QuarterlyIQ Insights · FSEA
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Entry into a Material Definitive Agreement. On May 4, 2026, First Seacoast Bancorp, Inc. (the “Company”), the holding company of First Seacoast Bank, and Cambridge Financial Group, Inc. (“Cambridge Financial”), the mutual holding company of Cambridge Savings Bank, entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which the Company will merge with Cambridge Financial, with Cambridge Financial as the surviving corporation (the “Merger”). Simultaneously with or im…
President — Richard Donovan: Richard Donovan was promoted to President of the Company and Bank, succeeding James R. Brannen.
James R. Brannen: Amendment to the Salary Continuation Agreement for James R. Brannen was made, detailing benefit payments under various scenarios.
The filing pertains to the extension of employment agreements, which is an administrative matter.
Other Events. On December 12, 2024, First Seacoast Bancorp, Inc. authorized additional share repurchases, up to an additional 228,858 shares of common stock, under its ongoing stock repurchase program previously reported in a Current Report on Form 8-K filed on April 11, 2024. For further information, refer to the press release dated December 12, 2024, which is filed as Exhibit 99.1 hereto and incorporated herein by reference.
Entry into a Material Definitive Agreement. On June 11, 2024, First Seacoast Bank (the “Tenant”), the wholly-owned subsidiary of First Seacoast Bancorp, Inc. (the “Company”), and FNLR 1SEA LLC (the “Landlord”) entered into a Master Lease (the “Master Lease”) providing for the lease of four real properties (the “Properties”) formerly owned by the Tenant. The Properties comprise the Tenant’s main office and branch offices. Concurrent with the execution of the Master Lease, the Tenant sold the P…
Other Events. On April 11, 2024, First Seacoast Bancorp, Inc. authorized a stock repurchase program for up to 507,707 shares of common stock, representing approximately 10% of shares currently outstanding. For further information, refer to the press release dated April 11, 2024, which is filed as Exhibit 99 hereto and incorporated herein by reference.
Changes in Registrant’s Certifying Accountant. As previously reported by First Seacoast Bancorp, Inc. (the “Company”) in a Current Report on Form 8-K filed on January 17, 2024, Baker Newman & Noyes LLC (“BNN”) notified the Company that BNN has declined to stand for re-appointment as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, due to BNN’s decision to exit its audit practice for Securities and Exchange Commission (“SEC”)-registered…
Extension of employment agreements for existing executives.
Changes in Registrant’s Certifying Accountant. On January 16, 2024 (the “Notice Date”), Baker Newman & Noyes LLC (“BNN”) notified First Seacoast Bancorp, Inc. (the “Company”) that BNN declines to stand for re-appointment as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, due to BNN’s decision to exit its audit practice for Securities and Exchange Commission (“SEC”)-registered banking institutions. BNN will complete the audit of the Com…
The filing pertains to the extension of employment agreements for certain officers.
Other Events. On January 10, 2023, First Seacoast Bancorp, Inc. (the “Company”) completed the syndicated community offering in connection with the proposed conversion of First Seacoast Bancorp, MHC from mutual to stock form, in accordance with the Company’s Prospectus dated November 14, 2022, as supplemented by the Prospectus Supplement dated December 21, 2022. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be sign…
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