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Consolidated Statements of Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS:    
Cash and due from banks $ 15,178 $ 13,939
Interest-earning deposits 17,143 21,343
Total cash and cash equivalents 32,321 35,282
Available-for-sale securities, at fair value 186,985 191,726
Held-to-maturity securities, at amortized cost (fair value of $189,622 and $181,491, respectively) 201,216 194,402
Marketable equity securities, at fair value 2,126 1,862
Federal Home Loan Bank stock, at cost 5,226 5,982
Loans 910,154 897,735
Loans held-for-sale 0 19
Less: Allowance for credit losses 17,869 15,319
Loans receivable, net 892,285 882,435
Premises and equipment, net 17,685 17,872
Assets held-for-sale 3,042 3,042
Operating lease right-of-use assets 2,062 2,098
Finance lease right-of-use assets 4,178 4,213
Accrued interest receivable 5,625 6,168
Foreclosed real estate 221 221
Intangible assets, net 96 101
Goodwill 4,536 4,536
Bank owned life insurance 24,170 24,012
Other assets 22,495 25,969
Total assets 1,404,269 1,399,921
Deposits:    
Interest-bearing 962,621 941,719
Noninterest-bearing 181,641 183,711
Total deposits 1,144,262 1,125,430
Short-term borrowings 43,536 60,333
Long-term borrowings 55,669 55,664
Subordinated debt 29,777 29,733
Accrued interest payable 1,520 975
Operating lease liabilities 2,385 2,417
Finance lease liability 4,411 4,422
Other liabilities 10,348 9,365
Total liabilities 1,291,908 1,288,339
Shareholders' equity:    
Additional paid in capital 52,207 52,101
Retained earnings 71,236 71,322
Accumulated other comprehensive loss (11,534) (12,172)
Unearned ESOP (270) (315)
Total Pathfinder Bancorp, Inc. shareholders' equity 111,700 110,997
Noncontrolling interest 661 585
Total equity 112,361 111,582
Total liabilities and shareholders' equity 1,404,269 1,399,921
Voting Common Stock [Member]    
Shareholders' equity:    
Common stock 47 47
Non-Voting Common Stock [Member]    
Shareholders' equity:    
Common stock $ 14 $ 14