Pathfinder Bancorp FY26 Q2 net income swings to profit at $2.7 million - PBHC News | RalliesPathfinder Bancorp FY26 Q2 net income swings to profit at $2.7 million
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PBHC• Quarterly results improve as LOCOM charge drops out
- Pathfinder Bancorp posted net income of USD 2.7 million, returning to profit from USD 31,000 a year earlier.
- Diluted EPS rose to USD 0.42 from less than USD 0.01, reflecting the absence of a USD 3.1 million pre-tax LOCOM charge.
- Net interest income before provision for credit losses slipped 2.6% to USD 10.5 million; net interest margin narrowed 3 basis points to 3.08%.
- Provision for credit losses swung to a USD 155,000 benefit from USD 1.2 million expense, tied to a modest reserve release.
- Noninterest income turned positive to USD 1.2 million from a USD 1.5 million loss; noninterest expense increased 7.5% to USD 8.7 million.
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