{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-000066","form_type":"8-K","ticker":"PBFS","cik":"0001769663","company_name":"Pioneer Bancorp, Inc./MD","filed_at":"2024-01-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.463549+00:00","generated_at":"2026-06-07T04:08:11.670479+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Pioneer Bancorp sells $74.5M low-yield securities, expects $3.4M annual income boost","bullets":["Sold $74.5M of securities (avg yield 0.83%, 2.2 yr life); recognized $5.6M pre-tax loss.","Proceeds redeployed into deposits at ~5.40% yield; net interest income expected to improve ~$3.4M over next 12 months.","Transaction neutral to book value per share; all regulatory capital ratios remain well above well capitalized.","Management expects favorable impact on net income, NIM, ROAA, ROAE starting Q3 FY2024 (quarter ending March 31, 2024)."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-000066","json":"https://secwatch.observer/filing/0001558370-24-000066.json","markdown":"https://secwatch.observer/filing/0001558370-24-000066.md","text":"https://secwatch.observer/filing/0001558370-24-000066.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1769663/000155837024000066/0001558370-24-000066-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1769663/000155837024000066/pbfs-20231228x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:08:11.670479+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}