{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-053068","form_type":"8-K","ticker":"PBFS","cik":"0001769663","company_name":"Pioneer Bancorp, Inc./MD","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.879010+00:00","generated_at":"2026-05-15T01:02:02.905076+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Pioneer Bancorp Q1 net income $5.3M, EPS $0.22; completes $140M acquisition of Targeted Lending","bullets":["Net income $5.3M ($0.22 per share) vs $5.8M ($0.23) in prior year; net interest income up 8.7% to $20.8M.","Net loans receivable up 3.3% to $1.70B; deposits up 6.5% to $1.85B; NIM expanded 9bps to 4.21%.","Completed acquisitions of Targeted Lending ($140M enterprise value), Reiser Consulting, and Wyndham Benefits in April 2026.","Noninterest expense rose 24.2% to $18.1M, driven by higher professional fees and litigation-related costs.","Nonperforming assets improved to 0.40% of total assets (from 0.52%); allowance for credit losses 1.51% of loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-053068","json":"https://secwatch.observer/filing/0001104659-26-053068.json","markdown":"https://secwatch.observer/filing/0001104659-26-053068.md","text":"https://secwatch.observer/filing/0001104659-26-053068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1769663/000110465926053068/0001104659-26-053068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1769663/000110465926053068/pbfs-20260430x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:02:02.905076+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"37c7b44904798eb0ee546475342ddb7a28a98545","claim":"Pioneer Bancorp, Inc./MD reported the three months ended March 31, 2026 results: net income $5.3 million, EPS $0.22 per basic and diluted share.","evidence_excerpt":"Net income for the three months ended March 31, 2026 was $5.3 million, or $0.22 per basic and diluted share, as compared to $5.8 million, or $0.23 per basic and diluted share, for the three months ended March 31, 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1769663/000110465926053068/0001104659-26-053068-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2026"},{"label":"Net income","value":"$5.3 million"},{"label":"EPS","value":"$0.22 per basic and diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}