For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Noninterest income-Deposit Account | 1,539 | - | ||
| Noninterest income-Bank Servicing | 386 | - | ||
| Noninterest income-Debit Card | 510 | - | ||
| Noninterest income-Financial Service Other | 1,011 | - | ||
| Gain on sale of subsidiary | - | 3,169 | ||
| Earnings and gains on bank owned life insurance | 834 | 854 | ||
| Losses on sales and redemptions of investment securities | -23 | -71 | ||
| Net unrealized gains on marketable equity securities | 1,450 | 197 | ||
| Gains on sales of loans and foreclosed real estate | 402 | 187 | ||
| Fair value adjustment to loans held-for-sale | -3,462 | - | ||
| Noninterest income | - | 4,165 | ||
| Disposition of assets | -37 | -13 | ||
| Insurance agency revenue | 0 | 1,073 | ||
| Total noninterest income | 2,495 | 9,561 | ||
| Loans, including fees | 53,560 | 52,705 | ||
| Taxable | 20,695 | 22,319 | ||
| Tax-exempt | 1,707 | 1,920 | ||
| Dividends | 241 | 620 | ||
| Federal funds sold and interest earning deposits | 450 | 793 | ||
| Total interest and dividend income | 76,653 | 78,357 | ||
| Interest on deposits | 27,988 | 30,493 | ||
| Interest on short-term borrowings | 1,971 | 4,176 | ||
| Interest on long-term borrowings | 387 | 733 | ||
| Interest on subordinated debt | 1,972 | 1,966 | ||
| Total interest expense | 32,318 | 37,368 | ||
| Net interest income | 44,335 | 40,989 | ||
| Loans | 16,403 | 11,106 | ||
| Held-to-maturity securities | -81 | -95 | ||
| Unfunded commitments | 20 | -38 | ||
| Total provision for credit losses | 16,342 | 10,973 | ||
| Net interest income after provision for loan losses | 27,993 | 30,016 | ||
| Salaries and employee benefits | 18,904 | 17,810 | ||
| Building and occupancy | 5,313 | 4,118 | ||
| Data processing | 2,672 | 2,471 | ||
| Professional and other services | 2,750 | 3,686 | ||
| Advertising | 459 | 604 | ||
| Fdic assessments | 604 | 916 | ||
| Audits and exams | 475 | 539 | ||
| Amortization expense | 627 | - | ||
| Insurance agency expense | 0 | 1,281 | ||
| Community service activities | 70 | 130 | ||
| Foreclosed real estate expenses | 106 | 102 | ||
| Other expenses | 2,601 | 2,760 | ||
| Total noninterest expenses | 34,581 | 34,417 | ||
| (loss) income before provision for income taxes | -4,093 | 5,160 | ||
| (benefit) provision for income taxes | -2,160 | 332 | ||
| Net income attributable to noncontrolling interest and pathfinder bancorp, inc | -1,933 | 4,828 | ||
| Net income attributable to noncontrolling interest | 0 | 1,445 | ||
| Net income attributable to pathfinder bancorp inc | -1,933 | 3,383 | ||
| Basic EPS | -0.31 | 0.54 | ||
| Diluted EPS | -0.31 | 0.54 | ||
| Basic Average Shares | 4,831 | 4,714 | ||
| Diluted Average Shares | 4,777 | 4,714 | ||
Pathfinder Bancorp, Inc. (PBHC)
Pathfinder Bancorp, Inc. (PBHC)