Welcome to our dedicated page for Pathfinder Bancorp Md SEC filings (Ticker: PBHC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Pathfinder Bancorp, Inc. filings document the regulatory record of a bank holding company whose subsidiary, Pathfinder Bank, gathers deposits and invests funds in loans and securities. The company’s 8-K filings report quarterly and annual financial results, financial-condition updates, credit-related reserve matters, tax adjustments, and dividend declarations on voting common stock, non-voting common stock, and the issued warrant.
Proxy materials describe annual meeting matters, director elections, auditor ratification, executive compensation disclosures, and shareholder voting procedures. Other filings document material agreements tied to privately placed securities, including registration rights and resale registration obligations, along with exhibits and Inline XBRL cover-page data.
Pathfinder Bancorp, Inc. First Vice President and General Counsel Joseph Polniak bought 1,000 shares of common stock in an open-market purchase at $15.881 per share on June 15, 2026. Following this transaction, he directly owns 9,000 shares of Pathfinder Bancorp common stock.
Pathfinder Bancorp President and CEO James A. Dowd bought 1,400 shares of common stock at $13.685 per share in an open-market purchase through his 401K on June 2, 2026. After the trade, that 401K account holds 19,452 shares indirectly, alongside 21,193 shares via an ESOP and 71,520 shares held directly.
Pathfinder Bancorp, Inc. held its 2026 Annual Meeting of Shareholders on June 4, 2026. Shareholders elected four directors — David Ayoub, William Barclay, James Dowd, and John Sharkey — each to a three-year term until their successors are elected and qualified.
Shareholders also ratified the appointment of Bonadio & Company, LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 3,981,917 votes cast in favor, 8,109 against, and 5,099 abstentions.
Pathfinder Bancorp, Inc. outlines its strategic position and financial profile at its 2026 Annual Meeting of Shareholders. Management emphasizes a 2025 “pivot” toward profitable growth, stronger risk management, and capitalizing on large semiconductor-driven development in Central New York.
The bank reports a strong core deposit franchise, with core deposits representing 82.01% of total deposits and loans equal to 73.88% of deposits as of March 31, 2026. Tangible common equity to tangible assets improved to 8.03% in Q1 2026, and regulatory capital ratios continue to exceed “well capitalized” thresholds.
Credit quality was addressed through a proactive commercial “asset quality reset,” including an $11.4 million risk-based reserve build in 2025 and allowance for credit losses of 3.24% of loans at March 31, 2026, above a 1.11% peer median. Management highlights expectations for more normalized credit costs and steadier earnings, supported by disciplined underwriting, expense control, and a 30-year record of common dividends, with a 3.13% dividend yield and annualized Q1 2026 dividends of $0.10 per share.
Pathfinder Bancorp, Inc. reported lower profitability for the quarter ended March 31, 2026. Net income was $2.4M, down from $3.0M a year earlier, and diluted earnings per common share for both Voting and Series A Non-Voting stock were $0.38 versus $0.47–$0.48 in the prior-year quarter.
Total assets were $1.42B, roughly flat with December 31, 2025, while loans receivable, net, held steady at about $866M. Deposits grew to $1.21B, up from $1.18B, and shareholders’ equity edged up to $123.6M.
Net interest income declined to $10.3M from $11.4M as both loan and securities interest income decreased. The company recorded a benefit from credit losses of $168K, compared with a $457K provision expense a year ago, reflecting improved asset quality metrics and lower net charge-offs. However, nonperforming loans rose to $38.2M, or 4.3% of total loans, from $27.6M and 3.1% at year-end 2025.
Other comprehensive loss of $1.3M, mainly from unrealized losses on available-for-sale securities and derivatives, reduced comprehensive income to $1.1M from $3.7M a year earlier. The company paid quarterly dividends of $0.10 per common share on both Voting and Series A Non-Voting stock and on outstanding warrants.
Pathfinder Bancorp, Inc. entered into a new amendment of its Registration Rights Agreement with Castle Creek Capital Partners VII, L.P. on May 4, 2026. The change gives the company until May 8, 2027 to file a resale registration statement covering securities sold to Castle Creek in a 2019 private placement.
This Fourth Amendment follows prior extensions that had most recently required the filing by May 8, 2026. No financial statements, pro forma information, or shell company transactions are included with this update.
Pathfinder Bancorp, Inc. director Melanie Littlejohn exercised stock options to acquire 8,787 shares of Common Stock at $11.35 per share and 7,913 shares at $13.4805 per share on May 4, 2026. Following these transactions, she holds 12,302 shares of Pathfinder Bancorp common stock directly.
Pathfinder Bancorp, Inc. Senior Vice President William D. O'Brien exercised stock options to acquire 7,908 shares of common stock at $11.35 per share. Following the exercise, he directly holds 31,420 common shares, plus indirect holdings of 3,255 shares via a 401K and 9,243 shares via an ESOP. He also retains 1,500 stock options with a $10.37 exercise price expiring on October 28, 2030.
Pathfinder Bancorp, Inc. President and CEO James A. Dowd exercised stock options and increased his direct common stock holdings. He exercised options covering 2,816 shares of common stock at an exercise price of $11.35 per share, converting them into directly held shares.
Following the transaction, he directly owns 71,520 shares of common stock. The filing also shows updated indirect holdings of 18,052 shares held through a 401K plan and 21,193 shares held through an ESOP, reflecting retirement and employee benefit-related ownership.