Press Release: First Seacoast Bank : First Seacoast Bancorp, Inc. Announces Balance Sheet Repositioning

DOVER, N.H.--(BUSINESS WIRE)--First Seacoast Bancorp, Inc. (the "Company") (NASDAQ Capital Market: FSEA), the holding company for First Seacoast Bank, announced today the execution of a balance sheet repositioning strategy related to its available-for-sale investment securities portfolio. The Company sold $40.6 million in book value of its lower-yielding investment securities for an estimated after-tax realized loss of $3.1 million. The investment securities sold consisted of $27.3 million of m