---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-085059"
form_type: "8-K"
ticker: "PBHC"
cik: "0001609065"
company_name: "Pathfinder Bancorp, Inc."
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:33:04.561549+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Pathfinder completes purchase of Berkshire Bank's East Syracuse branch; assumes $186M in deposits

## Summary
- Assumed approximately $186M in deposit liabilities and acquired $30M in loans from Berkshire Bank's East Syracuse branch.
- Branch conversion completed July 20-21, 2024; opened as Pathfinder branch on July 22.
- Six former Berkshire Bank employees, led by Kim Ciarpelli, transitioned to Pathfinder.
- Acquisition aligns with strategy to expand in Central New York region.

## SEC filing metadata
- accession: 0000950170-24-085059
- form_type: 8-K
- ticker: PBHC
- cik: 0001609065
- company_name: Pathfinder Bancorp, Inc.
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609065/000095017024085059/0000950170-24-085059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609065/000095017024085059/pbhc-20240722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-085059
- JSON: https://secwatch.observer/filing/0000950170-24-085059.json
- Plain text: https://secwatch.observer/filing/0000950170-24-085059.txt

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