{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-036499","form_type":"8-K","ticker":"PBHC","cik":"0001609065","company_name":"Pathfinder Bancorp, Inc.","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.542417+00:00","generated_at":"2026-06-12T18:19:32.175465+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Pathfinder Bancorp Q2 net income $2.0M, EPS $0.32, down 39% YoY; PCL spikes to $1.1M on two large loans","bullets":["Net income $2.0M ($0.32 diluted EPS) vs $3.3M ($0.54) in Q2 2022, down 39.4% YoY.","Provision for credit losses surged to $1.1M from $59k due to deterioration in two large CRE/commercial loan relationships totaling $13.1M.","Net interest margin 2.96% vs 3.14% in Q2 2022; total revenue $10.8M, down 4.0% YoY.","Total assets $1.39B, down 0.54% from year-end; deposits decreased $24.3M or 2.2% to $1.10B.","Management expects some charge-offs next quarter from the two problem credits; loan growth guided ~4% annually."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-036499","json":"https://secwatch.observer/filing/0000950170-23-036499.json","markdown":"https://secwatch.observer/filing/0000950170-23-036499.md","text":"https://secwatch.observer/filing/0000950170-23-036499.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1609065/000095017023036499/0000950170-23-036499-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1609065/000095017023036499/pbhc-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:19:32.175465+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5d95250ae179fcbb22bd82617f8ece66e5064bea","claim":"Pathfinder Bancorp, Inc. reported second quarter 2023 results: revenue $10.8 million, net income $2.0 million, EPS $0.32 per basic and diluted share.","evidence_excerpt":"The Company's total revenue, which is comprised of net interest income, before provision for credit losses, and total noninterest income, for the second quarter of 2023 was $10.8 million, decreasing by $456,000, or 4.0%, compared to the same quarter in 2022. Performance Highlights for the Three Months Ended June 30, 2023 • The Company reported net income of $2.0","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1609065/000095017023036499/0000950170-23-036499-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$10.8 million"},{"label":"Net income","value":"$2.0 million"},{"label":"EPS","value":"$0.32 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9bef59265e99e251660f21284f522366ad0e0a54","claim":"Pathfinder Bancorp, Inc. reported the six months ended June 30, 2023 results: net income $4.6 million.","evidence_excerpt":"The Company reported net income of $4.6 million, for the six months ended June 30, 2023, a decrease of $1.6 million, or 26.4%, compared to the net income for the same six month period in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1609065/000095017023036499/0000950170-23-036499-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Net income","value":"$4.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}