Pathfinder Bancorp Announces Director Changes and Officer Appointments
Ticker: PBHC · Form: 8-K · Filed: Sep 26, 2024 · CIK: 1609065
| Field | Detail |
|---|---|
| Company | Pathfinder Bancorp, Inc. (PBHC) |
| Form Type | 8-K |
| Filed Date | Sep 26, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-appointment, director-change, financials
TL;DR
Pathfinder Bancorp shakes up board and exec team, filing 8-K with exec changes and financials.
AI Summary
Pathfinder Bancorp, Inc. announced on September 20, 2024, a series of significant corporate actions. These include the departure of a director, the election of new directors, the appointment of certain officers, and updates to compensatory arrangements for key personnel. The company also reported other events and filed financial statements and exhibits.
Why It Matters
Changes in board composition and executive appointments can signal shifts in company strategy or governance, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Changes in directorship and officer appointments, especially when combined with financial statement filings, can indicate internal shifts that may carry associated risks.
Key Players & Entities
- Pathfinder Bancorp, Inc. (company) — Registrant
- September 20, 2024 (date) — Date of earliest event reported
- 001-36695 (other) — Commission File Number
- 38-3941859 (other) — I.R.S. Employer Identification Number
- 214 West First Street, Oswego, New York 13126 (address) — Principal Executive Office
- (315) 343-0057 (phone_number) — Issuer's Telephone Number
FAQ
Who has departed from Pathfinder Bancorp's board or officer positions?
The filing indicates the departure of a director and potentially other certain officers, though specific names are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 20, 2024.
What is Pathfinder Bancorp's Commission File Number?
Pathfinder Bancorp's Commission File Number is 001-36695.
Where are Pathfinder Bancorp's principal executive offices located?
Pathfinder Bancorp's principal executive offices are located at 214 West First Street, Oswego, New York 13126.
What are the main items reported in this 8-K filing?
The filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements, other events, and financial statements and exhibits.
Filing Stats: 505 words · 2 min read · ~2 pages · Grade level 10.1 · Accepted 2024-09-26 16:26:11
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value PBHC The Nasdaq Stock Mar
Filing Documents
- form8k_092024.htm (8-K) — 23KB
- ex99-1_8k092024.htm (EX-99.1) — 8KB
- image00001.jpg (GRAPHIC) — 352KB
- 0000943374-24-000392.txt ( ) — 649KB
- pbhc-20240920.xsd (EX-101.SCH) — 4KB
- pbhc-20240920_lab.xml (EX-101.LAB) — 21KB
- pbhc-20240920_pre.xml (EX-101.PRE) — 16KB
- form8k_092024_htm.xml (XML) — 4KB
01 – Other Events
Item 8.01 – Other Events On September 26, 2024, Pathfinder Bancorp, Inc. issued a press release announcing the retirement of Mr. Ronald Tascarella and the promotion of Mr. Joseph Serbun to Senior Vice President and Chief Credit Officer of the Bank. A press release announcing the retirement of Mr. Tascarella and the promotion of Mr. Serbun is attached as Exhibit 99.1 to this Current Report on Form 8-K.
01 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits (a) Financial statements of businesses acquired. None. (b) Pro forma financial information. None. (c) Shell company transactions: None. (d) Exhibits. 99.1 Press release dated September 26, 2024 104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. PATHFINDER BANCORP, INC. Date: September 26, 2024 By: /s/ James A. Dowd James A. Dowd President and Chief Executive Officer