---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-072907"
form_type: "8-K"
ticker: "PBHC"
cik: "0001609065"
company_name: "Pathfinder Bancorp, Inc."
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:37:06.147845+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pathfinder Bancorp gets OK for $198M deposit branch acquisition from Berkshire Bank

## Summary
- Received regulatory approvals from NY DFS and FDIC for Berkshire Bank East Syracuse branch.
- Acquisition includes approximately $198M in deposits and $32M in consumer/residential loans.
- Expects favorable IRR, EPS accretion, and reasonable tangible book value earn-back period.
- Closing expected in Q3 2024; branch will be converted to Pathfinder Bank operations.

## SEC filing metadata
- accession: 0000950170-24-072907
- form_type: 8-K
- ticker: PBHC
- cik: 0001609065
- company_name: Pathfinder Bancorp, Inc.
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609065/000095017024072907/0000950170-24-072907-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609065/000095017024072907/pbhc-20240613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-072907
- JSON: https://secwatch.observer/filing/0000950170-24-072907.json
- Plain text: https://secwatch.observer/filing/0000950170-24-072907.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.