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Consolidated Statements of Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS:    
Cash and due from banks $ 18,923 $ 12,338
Interest-earning deposits 16,401 36,394
Total cash and cash equivalents 35,324 48,732
Available-for-sale securities, at fair value 271,977 258,716
Held-to-maturity securities, at amortized cost (fair value of $154,972 and $168,034, respectively) 161,385 179,286
Marketable equity securities, at fair value 3,872 3,206
Federal Home Loan Bank stock, at cost 5,401 8,748
Loans 921,660 897,207
Less: Allowance for credit losses 17,274 15,975
Loans receivable, net 904,386 881,232
Premises and equipment, net 18,989 18,441
Assets held-for-sale 0 3,042
Operating lease right-of-use assets 1,425 1,526
Finance lease right-of-use assets 16,873 4,073
Accrued interest receivable 6,806 7,286
Foreclosed real estate 0 151
Intangible assets, net 6,217 85
Goodwill 5,752 4,536
Bank owned life insurance 24,560 24,641
Other assets 20,159 22,097
Total assets 1,483,126 1,465,798
Deposits:    
Interest-bearing 986,103 949,898
Noninterest-bearing 210,110 170,169
Total deposits 1,196,213 1,120,067
Short-term borrowings 60,315 125,680
Long-term borrowings 39,769 49,919
Subordinated debt 30,057 29,914
Accrued interest payable 236 2,245
Operating lease liabilities 1,621 1,711
Finance lease liabilities 16,829 4,381
Other liabilities 16,986 11,625
Total liabilities 1,362,026 1,345,542
Shareholders' equity:    
Additional paid in capital 53,231 53,114
Retained earnings 73,670 76,060
Accumulated other comprehensive loss (6,716) (9,605)
Unearned ESOP shares 0 (135)
Total Pathfinder Bancorp, Inc. shareholders' equity 120,246 119,495
Noncontrolling interest 854 761
Total equity 121,100 120,256
Total liabilities and shareholders' equity 1,483,126 1,465,798
Voting Common Stock [Member]    
Shareholders' equity:    
Common stock 47 47
Non-Voting Common Stock [Member]    
Shareholders' equity:    
Common stock $ 14 $ 14