---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-087268"
form_type: "8-K"
ticker: "PBHC"
cik: "0001609065"
company_name: "Pathfinder Bancorp, Inc."
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:43:42.406880+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Pathfinder Bancorp Q2 net income $2.0M, EPS $0.32 flat YoY; East Syracuse branch acquired

## Summary
- Net income $2.0M ($0.32 EPS) unchanged YoY; total revenue $10.7M down 1.2%.
- Net interest margin 2.78% expanded 3 bps from Q1 2024 but down from 2.96% a year ago.
- Noninterest expense $7.9M +10.2% YoY on higher salaries & professional fees.
- Completed purchase of East Syracuse branch; assumed $186M deposits, $30M loans; to repay ~$150M borrowings at 5.33%.
- Nonperforming loans ratio rose to 2.76% from 1.92% at Dec 2023; ACL ratio 1.90%.

## SEC filing metadata
- accession: 0000950170-24-087268
- form_type: 8-K
- ticker: PBHC
- cik: 0001609065
- company_name: Pathfinder Bancorp, Inc.
- filed_at: 2024-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609065/000095017024087268/0000950170-24-087268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609065/000095017024087268/pbhc-20240729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-087268
- JSON: https://secwatch.observer/filing/0000950170-24-087268.json
- Plain text: https://secwatch.observer/filing/0000950170-24-087268.txt

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