Pathfinder Bancorp Inc
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 14, 2024
PBHC$16.71-0.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Shareholders' Equity
| Pathfinder Bancorp, Inc. | ||||||||
|---|---|---|---|---|---|---|---|---|
| Consolidated Statements of Changes in Shareholders' Equity | ||||||||
| Three months ended June 30, 2024 and June 30, 2023 | ||||||||
| (Unaudited) | ||||||||
| (In thousands, except share and per share data) | Common Stock | Non-Voting Common Stock | Additional Paid in Capital | Retained Earnings | Accumulated Other Comprehensive Loss | Unearned ESOP shares | Non-controlling Interest | Total |
| Balance, March 31, 2024 | $47 | $14 | $53,151 | $77,558 | $(8,862) | $(90) | $814 | $122,632 |
| Net income | - | - | - | 2,000 | - | - | 12 | 2,012 |
| Other comprehensive income net of tax | - | - | - | - | 76 | - | - | 76 |
| ESOP shares earned (6,111 shares) | - | - | 31 | - | - | 45 | - | 76 |
| Stock options exercised | - | - | - | - | - | - | - | - |
| Common stock dividends declared ($0.10 per share) | - | - | - | (471) | - | - | - | (471) |
| Non-Voting common stock dividends declared ($0.10 per share) | - | - | - | (138) | - | - | - | (138) |
| Warrant dividends declared ($0.10 per share) | - | - | - | (13) | - | - | - | (13) |
| Balance, June 30, 2024 | $47 | $14 | $53,182 | $78,936 | $(8,786) | $(45) | $826 | $124,174 |
| Balance, March 31, 2023 | $47 | $14 | $52,207 | $71,236 | $(11,534) | $(270) | $661 | $112,361 |
| Net income | - | - | - | 1,982 | - | - | (7) | 1,975 |
| Other comprehensive income, net of tax | - | - | - | - | 164 | - | - | 164 |
| ESOP shares earned (6,111 shares) | - | - | 42 | - | - | 45 | - | 87 |
| Stock based compensation | - | - | 28 | - | - | - | - | 28 |
| Common stock dividends declared ($0.09 per share) | - | - | - | (419) | - | - | - | (419) |
| Non-Voting common stock dividends declared ($0.09 per share) | - | - | - | (124) | - | - | - | (124) |
| Warrant dividends declared ($0.09 per share) | - | - | - | (11) | - | - | - | (11) |
| Adoption of ASU 2016-13 Current Expected Credit Losses | - | - | - | - | - | - | - | - |
| Balance, June 30, 2023 | $47 | $14 | $52,645 | $72,664 | $(11,370) | $(225) | $654 | $114,429 |
-6 -
| Pathfinder Bancorp, Inc. | ||||||||
|---|---|---|---|---|---|---|---|---|
| Consolidated Statements of Changes in Shareholders' Equity | ||||||||
| Six months ended June 30, 2024 and June 30, 2023 | ||||||||
| (Unaudited) | ||||||||
| (In thousands, except share and per share data) | Common Stock | Non-Voting Common Stock | Additional Paid in Capital | Retained Earnings | Accumulated Other Comprehensive Loss | Unearned ESOP shares | Non-controlling Interest | Total |
| Balance, January 1, 2024 | $47 | $14 | $53,114 | $76,060 | $(9,605) | $(135) | $761 | $120,256 |
| Net income | - | - | - | 4,120 | - | - | 65 | 4,185 |
| Other comprehensive income, net of tax | - | - | - | - | 819 | - | - | 819 |
| ESOP shares earned (12,221 shares) | - | - | 63 | - | - | 90 | - | 153 |
| Stock based compensation | - | - | - | - | - | - | - | - |
| Stock options exercised | - | - | 5 | - | - | - | - | 5 |
| Common stock dividends declared ($0.20 per share) | - | - | - | (943) | - | - | - | (943) |
| Non-Voting common stock dividends declared ($0.20 per share) | - | - | - | (276) | - | - | - | (276) |
| Warrant dividends declared ($0.20 per share) | - | - | - | (25) | - | - | - | (25) |
| Cumulative effect of affiliate capital allocation | - | - | - | - | - | - | - | - |
| Distributions from affiliates | - | - | - | - | - | - | - | - |
| Balance, June 30, 2024 | $47 | $14 | $53,182 | $78,936 | $(8,786) | $(45) | $826 | $124,174 |
| Balance, January 1, 2023 | $47 | $14 | $52,101 | $71,322 | $(12,172) | $(315) | $585 | $111,582 |
| Net income | - | - | - | 4,581 | - | - | 69 | 4,650 |
| Other comprehensive loss, net of tax | - | - | - | - | 802 | - | - | 802 |
| ESOP shares earned (12,221 shares) | - | - | 112 | - | - | 90 | - | 202 |
| Stock based compensation | - | - | 64 | - | - | - | - | 64 |
| Stock options exercised | - | - | 368 | - | - | - | - | 368 |
| Common stock dividends declared ($0.18 per share) | - | - | - | (834) | - | - | - | (834) |
| Non-Voting common stock dividends declared ($0.18 per share) | - | - | - | (248) | - | - | - | (248) |
| Warrant dividends declared ($0.18 per share) | - | - | - | (23) | - | - | - | (23) |
| Adoption of ASU 2016-13 Current Expected Credit Losses | - | - | - | (2,134) | - | - | - | (2,134) |
| Cumulative effect of affiliate capital allocation | - | - | - | - | - | - | - | - |
| Distributions from affiliates | - | - | - | - | - | - | - | - |
| Balance, June 30, 2023 | $47 | $14 | $52,645 | $72,664 | $(11,370) | $(225) | $654 | $114,429 |
-7 -
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.