v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest and dividend income:        
Loans, including fees $ 12,570 $ 13,106 $ 24,927 $ 26,778
Debt securities:        
Taxable investment securities 4,920 5,522 9,519 10,707
Tax-exempt investment securities 368 465 703 867
Dividends 87 21 136 114
Federal funds sold and interest earning deposits 123 68 285 157
Total interest and dividend income 18,068 19,182 35,570 38,623
Interest expense:        
Interest on deposits 6,182 7,318 12,315 14,263
Interest on short-term borrowings 604 495 870 1,040
Interest on long-term borrowings 99 72 213 137
Interest On Subordinated Debt 647 483 1,296 958
Total interest expense 7,532 8,368 14,694 16,398
Net interest income 10,536 10,814 20,876 22,225
(Benefit from) provision for credit losses:        
Total (benefit from) provision for credit losses, net (155) 1,197 (323) 1,654
Net interest income after provision for credit losses 10,691 9,617 21,199 20,571
Noninterest income (loss)        
Earnings and gains on bank owned life insurance 330 156 586 318
Net realized losses on sales and redemptions of investment securities 0 0 (5) (8)
Net unrealized (losses) gains on marketable equity securities (53) 420 23 638
Gains on sales of loans and foreclosed real estate 95 83 281 148
Fair value adjustment to loans held-for-sale [1] 0 (3,064) (203) (3,064)
Total noninterest income (loss) 1,224 (1,518) 2,351 (321)
Noninterest expense:        
Salaries and employee benefits 4,653 4,525 9,510 8,975
Building and occupancy 1,380 1,230 2,707 2,577
Data processing 774 667 1,507 1,333
Professional and other services 628 778 1,308 1,384
Advertising 66 77 155 218
FDIC assessments 232 0 436 229
Audits and exams 139 60 279 174
Amortization expense 157 157 314 314
Community service activities 1 28 22 39
Foreclosed real estate expenses 18 29 27 50
Other expenses 614 510 1,089 1,201
Total noninterest expense 8,662 8,061 17,354 16,494
Income before provision for income taxes 3,253 38 6,196 3,756
Provision for income taxes 585 7 1,115 751
Net income (loss) attributable to noncontrolling interest and Pathfinder Bancorp, Inc. 2,668 31 5,081 3,005
Net Income $ 2,668 $ 31 $ 5,081 $ 3,005
Voting Common Stock dividends $ 0.1 $ 0.1 $ 0.2 $ 0.2
Unfunded Commitments [Member]        
(Benefit from) provision for credit losses:        
Total (benefit from) provision for credit losses, net $ 49 $ 19 $ 67 $ (28)
Held-to-maturity securities [Member]        
(Benefit from) provision for credit losses:        
Total (benefit from) provision for credit losses, net (22) 5 (22) 5
Loans [Member]        
(Benefit from) provision for credit losses:        
Total (benefit from) provision for credit losses, net $ (182) $ 1,173 $ (368) $ 1,677
Voting Common Stock [Member]        
Noninterest expense:        
Voting Earnings per common share- basic $ 0.42 $ 0 $ 0.8 $ 0.48
Voting Earnings per common share - diluted 0.42 0 0.8 0.47
Voting Common Stock dividends 490 480 978 955
Series A Non voting [Member]        
Noninterest expense:        
Voting Earnings per common share- basic 0.42 0 0.8 0.48
Voting Earnings per common share - diluted 0.42 0 0.8 0.47
Voting and Series A Non-Voting [Member]        
Noninterest expense:        
Voting Common Stock dividends $ 0.1 $ 0.1 $ 0.2 $ 0.2
Service Charges on Deposit Accounts [Member]        
Noninterest income (loss)        
Noninterest income $ 381 $ 380 $ 757 $ 754
Loan Servicing Fees [Member]        
Noninterest income (loss)        
Noninterest income 68 97 157 198
Debit Card Interchange Fees [Member]        
Noninterest income (loss)        
Noninterest income 188 180 327 181
Other Charges, Commissions & Fees [Member]        
Noninterest income (loss)        
Noninterest income $ 215 $ 230 $ 428 $ 514
[1] LOCOM adjustment on loans held-for-sale to the estimated market value based on sale negotiation terms