Pathfinder Bancorp Q1 FY26 net income falls 18.7% to $2.4 million

• Pathfinder Bancorp posted net income of $2.4 million for quarter ended March 31, 2026, down from $3.0 million year earlier; earnings per share fell to $0.38 from $0.48.
• Net interest income slipped 9.4% to $10.3 million; net interest margin narrowed 21 basis points to 3.10%.
• Provision for credit losses turned to a $168,000 benefit from $457,000 expense, while noninterest expense rose to $8.7 million from $8.4 million.
• Nonperforming assets climbed to $38.3 million from $27.7 million at Dec. 31, 2025; allowance for credit losses stood at $29.0 million, down from $29.4 million.
• Deposits increased to $1.21 billion from $1.18 billion at Dec. 31, 2025; total borrowings dropped to $27.4 million from $58.1 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pathfinder Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-226649), on May 15, 2026, and is solely responsible for the information contained therein.