Pathfinder Bancorp, Inc.

Pathfinder Bancorp, Inc. is a Maryland corporation incorporated in 2014 and headquartered in Oswego, New York. The company's primary business is its 100% ownership of Pathfinder Bank. Pathfinder Bancorp, Inc. is a registered bank holding company regulated by the Board of Governors of the Federal Reserve System and the New York State Department of Financial Services. The company also owns Pathfinder Statutory Trust II, a non-consolidated Delaware statutory trust subsidiary, with 100% of its common equity owned by the company. Pathfinder Statutory Trust II was formed for the issuance of $5.2 million in trust preferred securities. As of December 31, 2025, and 2024, 6,185,644 and 6,125,649 shares of the company's common stock (voting and non-voting) were outstanding, respectively. Following shareholder approval on June 4, 2021, the company converted 1,380,283, or 100%, of its previously-outstanding Series B Convertible Perpetual Preferred Stock to an equal number of Series A Non-Voting Common Stock. Neither the Series B Convertible Perpetual Preferred Stock nor the Series A Non-Voting Common Stock had, or will have, dividend or liquidation preference over the company's existing Voting Common Stock. Holders of Series A Non-Voting Common Stock are entitled to receive dividends, if declared, in the same per share amount as paid on the Voting Common Stock. As of December 31, 2025, the company had total consolidated assets of $1.43 billion, total deposits of $1.18 billion, and shareholders' equity of $122.5 million. Pathfinder Bank is a New York-chartered commercial bank with deposit accounts insured by the Federal Deposit Insurance Corporation through the Deposit Insurance Fund. The Bank is regulated by the NYSDFS and the FDIC.