secwatch.observer — SEC 8-K summary
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Issuer:     Pioneer Bancorp, Inc./MD (PBFS)
CIK:        0001769663
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001104659-25-104486
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pioneer Bancorp Q3 net income drops 32% to $4.3M; NPAs rise to $12M from $5.2M
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- Net income $4.3M ($0.18 EPS) for Q3 2025, down from $6.3M ($0.25) in Q3 2024.
- Net loans receivable $1.61B (+12.5% YTD); deposits $1.90B (+19.5% YTD).
- Net interest margin 4.16% (up 4 bps); net interest income $20.2M (+12.9%).
- Non-performing assets $12.0M (0.53% of assets) vs $5.2M; provision for credit losses $785K vs credit of $870K.
- Completed acquisition of Brown Financial Management Group ($73M AUM) on Oct 28, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1769663/000110465925104486/0001104659-25-104486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1769663/000110465925104486/pbfs-20251030x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-104486

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer