Pioneer Bancorp Inc. (PBFS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
652 ALBANY-SHAKER ROAD ALBANY, NY 12211 |
| State of Incorp. | |
| Fiscal Year End | June 30 |
| Industry (SIC) | 6036 - Savings Institutions, Not Federally Chartered (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 139,159 | 216,664 | 150,724 | 143,992 | 143,521 | 401,352 | |||
| Cash and cash equivalents | 136,396 | 214,171 | 148,311 | 141,783 | 141,254 | 399,352 | |||
| Short-term investments | 2,763 | 2,493 | 2,413 | 2,209 | 2,267 | 2,000 | |||
| Total current assets: | 139,159 | 216,664 | 150,724 | 143,992 | 143,521 | 401,352 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 558 | 583 | 608 | 632 | 657 | 682 | |||
| Operating lease, right-of-use asset | 5,440 | 5,547 | 5,448 | 5,544 | 5,640 | 5,735 | |||
| Property, plant and equipment | 35,561 | 42,175 | 42,646 | 43,322 | |||||
| Intangible assets, net (including goodwill) | 14,095 | 14,230 | 12,991 | 10,992 | 11,090 | 11,190 | |||
| Goodwill | 10,879 | 10,879 | 8,799 | 8,799 | 8,799 | 8,799 | |||
| Intangible assets, net (excluding goodwill) | 3,216 | 3,351 | 4,192 | 2,193 | 2,291 | 2,391 | |||
| Total noncurrent assets: | 20,093 | 20,360 | 54,608 | 59,343 | 60,033 | 60,929 | |||
| Other undisclosed assets | 1,693,635 | 1,726,383 | 1,650,859 | 1,660,963 | 1,630,965 | 1,607,309 | |||
| TOTAL ASSETS: | 1,852,887 | 1,963,407 | 1,856,191 | 1,864,298 | 1,834,519 | 2,069,590 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 1,569,091 | 1,691,636 | 1,589,491 | 1,604,433 | 1,584,789 | 1,827,881 | |||
| Total liabilities: | 1,569,091 | 1,691,636 | 1,589,491 | 1,604,433 | 1,584,789 | 1,827,881 | |||
| Equity | |||||||||
| Equity, attributable to parent | 283,796 | 271,771 | 266,700 | 259,865 | 249,730 | 241,709 | |||
| Common stock | 260 | 260 | 260 | 260 | 260 | 260 | |||
| Additional paid in capital | 113,432 | 113,491 | 113,543 | 113,603 | 113,633 | 113,665 | |||
| Deferred compensation equity | (10,233) | (10,404) | (10,573) | (10,745) | (10,915) | (11,086) | |||
| Accumulated other comprehensive income (loss) | 181 | (8,540) | (9,568) | (11,784) | (15,755) | (17,454) | |||
| Retained earnings | 180,156 | 176,964 | 173,038 | 168,531 | 162,507 | 156,324 | |||
| Total equity: | 283,796 | 271,771 | 266,700 | 259,865 | 249,730 | 241,709 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,852,887 | 1,963,407 | 1,856,191 | 1,864,298 | 1,834,519 | 2,069,590 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14,738 | 19,034 | 17,787 | 17,553 | 16,925 | 14,828 | ||
| Loss on disposition of assets for financial service operations | (5,645) | |||||||
| Net investment income | 18,885 | 17,588 | 16,155 | 15,456 | 13,258 | |||
| Cost of revenue | (226) | (989) | (506) | (225) | (351) | |||
| Provision for loan, lease, and other losses | (750) | (120) | ||||||
| Policyholder benefits and claims incurred, net | (226) | (239) | (225) | (231) | ||||
| Gross profit: | 14,512 | 18,045 | 17,281 | 17,328 | 16,925 | 14,477 | ||
| Operating expenses | (321) | (5,748) | (4,970) | (4,433) | (4,309) | (3,662) | ||
| Other operating income, net (Noninterest Income, Other Operating Income) | 7 | 123 | 29 | 196 | 22 | 79 | ||
| Operating income: | 14,198 | 12,420 | 12,340 | 13,091 | 12,638 | 10,894 | ||
| Nonoperating income (Bank Owned Life Insurance Income) | 461 | |||||||
| Interest and debt expense | (5,392) | (4,266) | (2,867) | (1,263) | (844) | (518) | ||
| Income from continuing operations before equity method investments, income taxes: | 8,806 | 8,154 | 9,473 | 11,828 | 11,794 | 10,837 | ||
| Other undisclosed loss from continuing operations before income taxes | (4,792) | (3,845) | (3,752) | (4,160) | (3,819) | (4,346) | ||
| Income from continuing operations before income taxes: | 4,014 | 4,309 | 5,721 | 7,668 | 7,975 | 6,491 | ||
| Income tax expense | (822) | (890) | (1,214) | (1,644) | (1,792) | (1,257) | ||
| Income from continuing operations: | 3,192 | 3,419 | 4,507 | 6,024 | 6,183 | 5,234 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 5,234 | |
| Net income available to common stockholders, diluted: | 3,192 | 3,419 | 4,507 | 6,024 | 6,183 | 5,234 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2024 Q3 | 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 3,192 | 3,419 | 4,507 | 6,024 | 6,183 | 5,234 | ||
| Other comprehensive income (loss) | 8,721 | 1,028 | 2,216 | 3,971 | 1,699 | (6,274) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 11,913 | 4,447 | 6,723 | 9,995 | 7,882 | (1,040) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.