---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-093399"
form_type: "8-K/A"
ticker: "PBFS"
cik: "0001769663"
company_name: "Pioneer Bancorp, Inc./MD"
filed_at: "2026-08-10T20:20:27+00:00"
generated_at: "2026-08-10T20:21:18.101326+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Pioneer Bancorp files financials for Targeted Lending acquisition; net income $2.56M in 2025

## Summary
- Targeted Lending 2025 net income $2.56M (2024: $1.63M); revenue $15.1M (2024: $11.6M).
- Total assets at Dec 31, 2025: $104.9M; net loans receivable $102.5M; allowance 1.6%.
- Acquisition of 100% of Targeted Lending all-cash per agreement dated April 24, 2026; now deemed significant under Regulation S-X.
- Pro forma combined balance sheet and statements of operations for year ended Dec 31, 2025 filed with this amendment.

## SEC filing metadata
- accession: 0001104659-26-093399
- form_type: 8-K/A
- ticker: PBFS
- cik: 0001769663
- company_name: Pioneer Bancorp, Inc./MD
- filed_at: 2026-08-10T20:20:27+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1769663/000110465926093399/0001104659-26-093399-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1769663/000110465926093399/pbfs-20260424x8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-093399
- JSON: https://secwatch.observer/filing/0001104659-26-093399.json
- Plain text: https://secwatch.observer/filing/0001104659-26-093399.txt

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