Pioneer Bancorp, Inc./MD

For the period ended Jun 30, 2025. Filed Aug 8, 2025.

About 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, 2025 · Filed Aug 8, 2025

PBFS$18.54+1.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

(in thousands, except share and per share amounts)


· · For the Three Months Ended · · For the Six Months Ended
· · June 30, · · June 30,
· 2025 · 2024 · 2025 · 2024
Interest and dividend income: · · · ·
Loans	$22,332	$19,382	$43,502	$38,122
Securities	3,942	2,240	7,723	4,581
Interest-earning deposits with banks and other	732	1,936	1,629	3,970
Total interest and dividend income	27,006	23,558	52,854	46,673

Interest expense:
Deposits	6,844	6,094	13,262	11,630
Borrowings and other	554	266	901	514
Total interest expense	7,398	6,360	14,163	12,144
Net interest income	19,608	17,198	38,691	34,529
Provision for credit losses	1,550	750	2,350	830
Net interest income after provision for credit losses	18,058	16,448	36,341	33,699

Noninterest income:
Bank fees and service charges	1,609	1,432	2,973	2,933
Insurance and wealth management services	2,513	2,278	4,839	4,576
Net gain on equity securities	—	—	—	386
Other	684	(22)	719	27
Total noninterest income	4,806	3,688	8,531	7,922

Noninterest expense:
Salaries and employee benefits	8,506	7,457	16,800	14,844
Net occupancy and equipment	1,840	1,817	3,788	3,729
Data processing	894	985	1,738	2,050
Advertising and marketing	306	212	549	376
Insurance premiums	245	227	496	448
Federal Deposit Insurance Corporation insurance premiums	226	287	451	558
Professional fees	1,845	2,538	3,780	5,640
Other	865	1,583	1,716	2,890
Total noninterest expense	14,727	15,106	29,318	30,535
Income before income taxes	8,137	5,030	15,554	11,086
Income tax expense	1,686	1,100	3,340	2,437
Net income	$6,451	$3,930	$12,214	$8,649

Net earnings per common share:
Basic	$0.26	$0.16	$0.49	$0.34
Diluted	$0.26	$0.16	$0.49	$0.34

Weighted average shares outstanding – basic	24,510,936	25,179,835	24,724,696	25,191,330
Weighted average shares outstanding – diluted	24,567,328	25,209,101	24,777,301	25,220,596

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.