Pathfinder Bancorp Inc (NASDAQ: PBHC) is a bank holding company incorporated in Maryland in 2014 and headquartered in Oswego, New York, that operates through its wholly owned subsidiary Pathfinder Bank. The Bank attracts deposits from the general public and deploys those funds into loans secured by commercial and residential real estate, commercial business assets, consumer assets, and unsecured small business and consumer loans, with additional assets held in debt securities issued by the U.S. government, agencies, state and municipal governments, and corporations. Net interest income, the spread between interest earned on loans and investments and interest paid on deposits and borrowings, is the principal source of revenue, supplemented by non-interest income items including service charges on deposit accounts ($1.539 million in FY2025) and earnings on bank-owned life insurance ($834 thousand in FY2025). The Bank's primary funding sources are customer deposits, FHLB-NY borrowings, and correspondent financial institution borrowings. At December 31, 2025, the allowance for credit losses stood at $29.4 million, and 6,185,644 shares of common stock were outstanding.

Revenue model

Net interest income from loans and investment securities, funded by deposits and FHLB-NY borrowings. Non-interest income includes service charges on deposit accounts and bank-owned life insurance earnings. Transactional, spread-based model.

Products and services

Commercial real estate loans, residential real estate loans, commercial business loans, consumer loans, unsecured small business and consumer loans. Investment portfolio includes U.S. government and agency securities, state and municipal bonds, corporate bonds, mortgage-backed securities, collateralized mortgage obligations, asset-backed securities, and mutual funds. Deposit products include NOW accounts, money management accounts, MMDA accounts, savings and club accounts, and time deposits. Trust preferred securities ($5.2 million issued via Pathfinder Statutory Trust II).

Customers and end markets

General public and small businesses in the Bank's local market area. End markets include residential real estate borrowers, commercial real estate borrowers, commercial business borrowers, and retail consumers. No material customer concentration disclosed in the filing.

Value-chain role

Community bank and deposit-taking institution. Originates, underwrites, and holds loans on balance sheet. Funds lending activity through retail deposits and wholesale borrowings. Invests residual liquidity in debt securities.

Geographic exposure

Primary market area centered on Oswego, New York, as disclosed in the 10-K filed 2026-03-30. No additional geographic markets specified in the filing excerpts.

Source: SEC 10-K, filed 2026-03-30

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