---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-031981"
form_type: "8-K"
ticker: "PBHC"
cik: "0001609065"
company_name: "Pathfinder Bancorp, Inc."
filed_at: "2025-03-04T23:59:59+00:00"
generated_at: "2026-05-25T14:04:17.303615+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Pathfinder Bancorp restates Q4 and FY 2024 earnings due to interest expense omission

## Summary
- Net income for Q4 2024 revised from $4.3M ($0.69/sh) to $3.9M ($0.63/sh).
- Full-year 2024 net income revised from $3.8M ($0.60/sh) to $3.4M ($0.54/sh).
- Omitting accrued interest on brokered CDs overstated net interest income by ~$443K.
- Net interest margin for full-year 2024 revised from 3.01% to 2.98%.
- Corrected figures will appear in the forthcoming 10-K for 2024.

## SEC filing metadata
- accession: 0000950170-25-031981
- form_type: 8-K
- ticker: PBHC
- cik: 0001609065
- company_name: Pathfinder Bancorp, Inc.
- filed_at: 2025-03-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609065/000095017025031981/0000950170-25-031981-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609065/000095017025031981/pbhc-20250303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-031981
- JSON: https://secwatch.observer/filing/0000950170-25-031981.json
- Plain text: https://secwatch.observer/filing/0000950170-25-031981.txt

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