Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Calculations of Basic and Diluted Earnings per Share

The following table sets forth the calculation of basic and diluted earnings per share.  

	Three months ended				Six months ended
	June 30,				June 30,
(In thousands, except per share data)	2019		2018		2019		2018
Net income attributable to Pathfinder Bancorp, Inc.	$	607	$	945	$	1,121	$	1,949
Convertible preferred stock dividends		69		-		69		-
Warrant dividends		8		-		8		-
Undistributed earnings allocated to participating securities		38		-		41		-
Net income available to common shareholders	$	492	$	945	$	1,003	$	1,949
Basic weighted average common shares outstanding		4,443		4,157		4,344		4,138
Effect of assumed exercise of stock options and    unvested restricted stock units		-		99		-		108
Diluted weighted average common shares outstanding		4,443		4,256		4,344		4,246
Basic earnings per common share	$	0.11	$	0.23	$	0.23	$	0.47
Diluted earnings per common share	$	0.11	$	0.22	$	0.23	$	0.46