secwatch.observer — SEC 8-K summary
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Issuer:     PB Bankshares, Inc. (—)
CIK:        0001849670
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0000943374-24-000088
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PB Bankshares subsidiary sells vacant branch-adjacent land for $950,000
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- Presence Bank, a wholly owned subsidiary of PB Bankshares, agreed to sell vacant land at 691 W. Main Street, New Holland, PA.
- Purchase price of $950,000; closing expected by October 1, 2024, subject to standard closing conditions.
- Buyer is Ferfeldt Investments LLC; property consists of approximately 1.2 acres adjacent to an existing branch.
- The land is currently vacant and non-income producing; proceeds will be received in cash at closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849670/000094337424000088/0000943374-24-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849670/000094337424000088/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000943374-24-000088

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