Pathfinder Bancorp Announces Agreement to Acquire East Syracuse Branch
Pathfinder Bancorp, Inc. (PBHC)
US:NASDAQ Investor Relations:
pathfinderbank.com/investor-relations/corporate-profile.html
Company Research
Source: GlobeNewswire
OSWEGO, N.Y., March 04, 2024 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. (“Pathfinder”) (NASDAQ: PBHC) has announced the signing of a branch purchase and assumption agreement pursuant to which Pathfinder Bank will acquire the East Syracuse, New York branch of Berkshire Bank, located on 6611 Manlius Center Road. The purchase and assumption agreement provides for the transfer by Berkshire to Pathfinder of the facility and other associated assets of the branch, approximately $198 million in deposits, and certain consumer and residential loans with outstanding balances of roughly $32 million. The purchase of the branch by Pathfinder is subject to regulatory approval, associated system conversions, and satisfaction of certain customary closing conditions. The parties expect to close on the purchase and sale of the Berkshire branch by the end of the third quarter of 2024, at which point the branch will be fully converted to operate as a Pathfinder branch office. Pathfinder expects the
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News
- Pathfinder Bancorp, Inc. Announces First Quarter 2024 Net Income of $2.1 Million [Yahoo! Finance]Yahoo! Finance
- Pathfinder Bancorp, Inc. Announces First Quarter 2024 Net Income of $2.1 MillionGlobeNewswire
- Pathfinder Bancorp (NASDAQ:PBHC) Is Increasing Its Dividend To $0.10 [Yahoo! Finance]Yahoo! Finance
- Pathfinder Bancorp, Inc. Declares DividendGlobeNewswire
- Pleasing Signs As A Number Of Insiders Buy Pathfinder Bancorp Stock [Yahoo! Finance]Yahoo! Finance
PBHC
Analyst Actions
- 2/22/24 - TheStreet
PBHC
Sec Filings
- 4/29/24 - Form 8-K
- 4/23/24 - Form ARS
- 4/22/24 - Form DEF
- PBHC's page on the SEC website