[SCHEDULE 13D/A] Financial Institutions Inc SEC Filing

Rhea-AI Filing Summary

PL Capital Advisors and related parties, together with Black Maple affiliates and family trusts, report beneficial ownership of 1,511,363 shares of Financial Institutions, Inc. (FISI), representing 7.5% of the outstanding common stock based on 20,129,633 shares reported as of July 31, 2025. The Reporting Persons acquired these shares at an aggregate cost of $37,911,308. PL Capital Advisors holds shared voting/dispositive power over 1,491,363 shares; Black Maple-related parties share power over 29,325 shares; several Lashley family trusts and individuals account for the remainder. The filers state they bought the stock because they believed it was undervalued and intend to monitor corporate governance and management, and may assert shareholder rights; they acknowledge this could constitute a control purpose. The filing lists multiple open-market purchases between June 26 and August 13, 2025, with various per-share prices disclosed, and states no margin loans are outstanding secured by the reported shares.

Positive

• Material disclosed stake: Reporting Persons beneficially own 1,511,363 shares, representing 7.5% of outstanding stock.
• Transparent acquisition details: The filing provides trade dates and per-share prices for numerous open-market purchases.
• No margin loans outstanding: The filing states there are currently no margin or other loans outstanding secured by the reported shares.

Negative

• Potential control purpose: The Reporting Persons state their actions "may be deemed to constitute a 'control purpose,'" which could lead to management or board changes.
• Concentrated voting arrangements: Shared voting and dispositive power across advisers and family entities creates a coordinated bloc that may alter governance dynamics.

Insights

Financial Analyst

TL;DR: A coordinated investor group now holds 7.5% of FISI and signals active monitoring; ownership is material and publicly disclosed.

The reported 1,511,363-share stake (7.5%) is large enough to be material for a regional banking holding company and could influence market perception and governance debates. The filing provides clear acquisition costs totaling $37.9 million and detailed trade dates/prices for recent open-market accumulation, which supports transparency on position building. The explicit statement that the shares were purchased because the stock was "undervalued" and that the group will monitor and may assert shareholder rights introduces potential for activist engagement. For investors, the combination of a sizable disclosed stake, managerial involvement from PL Capital principals, and co-investment with Black Maple increases the chance of targeted governance initiatives or proposals affecting strategy or capital allocation.

Corporate Governance Expert

TL;DR: The Reporting Persons publicly reserve the right to pursue control-related actions and will watch board and management performance.

The Schedule 13D/A explicitly says the Reporting Persons intend to monitor corporate governance and may assert stockholder rights, and further acknowledges that these actions "may be deemed to constitute a 'control purpose.'" That language signals a readiness to engage with the board and management and to pursue changes if deemed necessary. The structure—investment adviser entities, managing members, and family trusts sharing voting power—creates a coordinated voting bloc. While the filing disclaims any current group admission beyond the statement of potential group status, the level of shared voting/dispositive power and the detailed joint filing agreement exhibit indicate organized stewardship of the position. This is material for governance watchers and other shareholders to track.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

FINANCIAL INSTITUTIONS, INC

(Name of Issuer)

Common Stock, $0.01 par value

(Title of Class of Securities)

317585404

(CUSIP Number)

John W. Palmer
PL Capital Advisors, LLC, 750 Eleventh Street South, Suite 202
Naples, FL, 34102
239-777-0187

Copy to: Peter D. Fetzer
Foley & Lardner LLP, 777 East Wisconsin Avenue, Suite 3800
Milwaukee, WI, 53202-5306
414-297-5596

Copy to: Philip M. Goldberg
Foley & Lardner LLP, 321 North Clark Street, Suite 2800
Chicago, IL, 60654-5313
312-832-4549

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

08/13/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

PL Capital Advisors, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,491,363.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,491,363.00

11

Aggregate amount beneficially owned by each reporting person

1,491,363.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.4 %

14

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

LASHLEY RICHARD J

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 5,000.00
8	Shared Voting Power 1,497,063.00
9	Sole Dispositive Power 5,000.00
10	Shared Dispositive Power 1,497,063.00

11

Aggregate amount beneficially owned by each reporting person

1,502,063.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.5 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

PALMER JOHN W

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 4,000.00
8	Shared Voting Power 1,491,363.00
9	Sole Dispositive Power 4,000.00
10	Shared Dispositive Power 1,491,363.00

11

Aggregate amount beneficially owned by each reporting person

1,495,363.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.4 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Black Maple Capital Management LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 29,325.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 29,325.00

11

Aggregate amount beneficially owned by each reporting person

29,325.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.1 %

14

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Black Maple Capital Holdings LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

BK

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 29,325.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 29,325.00

11

Aggregate amount beneficially owned by each reporting person

29,325.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.1 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Barnard Robert James

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 29,325.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 29,325.00

11

Aggregate amount beneficially owned by each reporting person

29,325.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.1 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Danielle Morgan Lashley 2010 Trust

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,000.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,000.00

11

Aggregate amount beneficially owned by each reporting person

3,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.01 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Danielle Morgan Lashley

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,000.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,000.00

11

Aggregate amount beneficially owned by each reporting person

3,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.01 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Lashley Family 2011 Trust

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 5,100.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 5,100.00

11

Aggregate amount beneficially owned by each reporting person

5,100.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.03 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Beth Lashley

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 5,100.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 5,100.00

11

Aggregate amount beneficially owned by each reporting person

5,100.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.03 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Lashley Family 2012 Trust

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,000.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,000.00

11

Aggregate amount beneficially owned by each reporting person

3,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.01 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Robin Lashley

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,200.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,200.00

11

Aggregate amount beneficially owned by each reporting person

1,200.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.01 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Caitlin Anne Lashley 2010 Trust

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,500.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,500.00

11

Aggregate amount beneficially owned by each reporting person

1,500.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.01 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP No. 317585404

1

Name of reporting person

Caitlin Fanelli (nee Lashley)

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,500.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 1,500.00

11

Aggregate amount beneficially owned by each reporting person

1,500.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.01 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, $0.01 par value
(b)	Name of Issuer: FINANCIAL INSTITUTIONS, INC
(c)	Address of Issuer's Principal Executive Offices: 220 Liberty Street, Warsaw, NEW YORK , 14569.
Item 2.	Identity and Background
(a)	This Schedule 13D is being filed by (collectively, the "Reporting Persons"): PL Capital Advisors, LLC, a Delaware limited liability company and SEC registered investment adviser under the Investment Advisers Act of 1940 ("PL Capital Advisors"); Richard J. Lashley, a managing member of PL Capital Advisors; and John W. Palmer, a managing member of PL Capital Advisors (collectively, the "PL Capital Reporting Persons"). Black Maple Capital Management LP, a Delaware limited partnership and SEC registered investment adviser under the Investment Advisers Act of 1940 ("Black Maple Capital"); Black Maple Capital Holdings LLC, a Delaware limited liability company and the General Partner of Black Maple Capital ("Black Maple Holdings"), and Robert Barnard, as the managing member of Black Maple Holdings (collectively, the "Black Maple Reporting Persons"). Richard J. Lashley, as a Co-Trustee of the Danielle Morgan Lashley 2010 Trust, a New Jersey trust (the "Danielle Lashley Trust"); as a Co-Trustee of the Caitlin Anne Lashley 2010 Trust, a New Jersey Trust (the "Caitlin Lashley Trust"); as the holder of discretionary authority over a brokerage account owned by Robin Lashley; and as the Trustee of the Lashley Family 2012 Trust, a New Jersey trust. John W. Palmer, as an individual, and as the Trustee of his defined contribution pension plan. Danielle M. Lashley, as a Co-Trustee of the Danielle Lashley Trust. Caitlin Anne Fanelli (nee Lashley), as a Co-Trustee of the Caitlin Lashley Trust. Robin Lashley, as an individual. Lashley Family 2011 Trust, a New Jersey trust. Lashley Family 2012 Trust, a New Jersey trust. Beth Lashley, as the Trustee of the Lashley Family 2011 Trust. The Reporting Persons may be deemed to be members of a group with respect to the Company or securities of the Company for the purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Reporting Persons declare that neither the filing of this Schedule 13D nor anything herein shall be construed as an admission that such persons are, for the purposes of Section 13(d) or 13(g) of the Exchange Act or any other purpose, (i) acting (or have agreed or are agreeing to act) with any other person as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Company or otherwise with respect to the Company or any securities of the Company; or (ii) a member of any syndicate or group with respect to the Company or any securities of the Company.
(b)	The principal business address of the PL Capital Reporting Persons is 750 Eleventh Street South, Suite 202, Naples, FL 34102. The principal business address of the Black Maple Reporting Persons is 250 E. Wisconsin Avenue, Suite 1250, Milwaukee, WI 53202. The principal business address of the Danielle Lashley Trust is c/o Richard Lashley, Co-Trustee, 415 L'Ambiance Drive, Unit E-707, Longboat Key, FL 34228. The principal business address of Danielle M. Lashley is 1004 Nicholson Road, Wynnewood, PA, 19096. The principal business address of the Caitlin Lashley Trust is c/o Richard Lashley, Co-Trustee, 415 L'Ambiance Drive, Unit E-707, Longboat Key, FL 34228. The principal business address of Caitlin Fanelli is 57 Alexanders Court, Newtown, PA 18940. The principal business address of the Lashley Family 2011 Trust is c/o Beth Lashley, Trustee, 415 L'Ambiance Drive, Unit E-707, Longboat Key, FL 34228. The principal business address of the Lashley Family 2012 Trust is c/o Richard Lashley, Trustee, 415 L'Ambiance Drive, Unit E-707, Longboat Key, FL 34228. The principal business address of Beth Lashley is 415 L'Ambiance Drive, Unit E-707, Longboat Key, FL 34228. The principal business address of Robin Lashley is c/o Richard Lashley, 415 L'Ambiance Drive, Unit E-707, Longboat Key, FL 34228.
(c)	The principal business of PL Capital Advisors is to serve as an investment manager or adviser to various investment partnerships, funds and managed accounts (each a "PL Capital Advisors Client" and, collectively, the "PL Capital Advisors Clients"). The principal occupation of Messrs. Lashley and Palmer is investment management through their ownership and control over the affairs of PL Capital Advisors. PL Capital Advisors has sole voting and dispositive power over the Common Stock held on behalf of the PL Capital Advisors Clients, which is deemed shared with the two Managing Members of PL Capital Advisors. The PL Capital Advisors Clients do not have the right to acquire voting or dispositive power over the Common Stock within sixty days. The principal business of Black Maple Capital is to serve as an investment manager or adviser to various investment partnerships, funds and managed accounts (each a "Black Maple Capital Client" and, collectively, the "Black Maple Capital Clients"). Black Maple Holdings is the General Partner of Black Maple Capital. The principal occupation of Mr. Barnard is investment management through his ownership and control over the affairs of Black Maple Capital. The principal business of the Danielle Lashley Trust is to serve as a trust for the benefit of Danielle Lashley. The principal business of the Caitlin Lashley Trust is to serve as a trust for the benefit of Caitlin Fanelli (nee Lashley). The principal business of the Lashley Family 2011 Trust is to serve as a trust for the benefit of Beth Lashley. The principal business of the Lashley Family 2012 Trust is to serve as a trust for the benefit of Richard Lashley. Danielle Lashley is an individual and serves as the Co-Trustee of the Danielle Lashley Trust. Beth Lashley is an individual and serves as the Trustee of the Lashley Family 2011 Trust. Robin Lashley is an individual and is a retired university professor. Caitlin Fanelli (nee Lashley) is an individual and serves as Co-Trustee of the Caitlin Lashley Trust. The PL Capital Reporting Persons and the Black Maple Reporting Persons share voting and dispositive power over the Common Stock held by PL Capital / Black Maple Financial Fund, L.P., which is a joint PL Capital Advisors Client and Black Maple Capital Client. The PL Capital / Black Maple Financial Fund, L.P. does not have the right to obtain voting or dispositive power over any of the shares of Common Stock within sixty days and is therefore not deemed to beneficially own the shares of Common Stock pursuant to Rule 13d-3 under the Exchange Act.
(d)	During the last five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)	During the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceedings was or is subject to a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.
(f)	Richard Lashley, John Palmer, Robert Barnard, Danielle Lashley, Beth Lashley and Robin Lashley are citizens of the United States.
Item 3.	Source and Amount of Funds or Other Consideration
	In aggregate, the Reporting Persons have voting and dispositive power over 1,511,363 shares of Common Stock of the Company acquired at an aggregate cost of $37,911,308. PL Capital Advisors holds sole voting and dispositive power over 1,491,363 shares of Common Stock acquired at a cost of $37,421,976 on behalf of the PL Capital Advisors Clients. PL Capital Advisors and Black Maple Capital share voting and dispositive power over 29,325 shares of Common Stock acquired on behalf of the PL Capital / Black Maple Financial Fund, L.P. acquired at a cost of $759,955. The Danielle Lashley Trust, Richard Lashley and Danielle Lashley share voting and dispositive power over 3,000 shares of Common Stock held by the Danielle Lashley Trust acquired at a cost of $75,728. The Caitlin Lashley Trust, Richard Lashley and Caitlin Fanelli share voting and dispositive power over 1,500 shares of Common Stock held by the Caitlin Lashley Trust acquired at a cost of $38,963. The Lashley Family 2011 Trust and Beth Lashley share voting and dispositive power over 5,100 shares of Common Stock held by the Lashley Family 2011 Trust acquired at a cost of $126,608. The Lashley Family 2012 Trust and Richard Lashley share voting and dispositive power over 3,000 shares of Common Stock held by the Lashley Family 2012 Trust acquired at a cost of $77,670. Robin Lashley and Richard Lashley share voting and dispositive power over 1,200 shares of Common Stock held by Robin Lashley acquired at a cost of $29,868. John Palmer as an individual holds sole voting and dispositive power over 4,000 shares of Common Stock he holds in his defined contribution pension plan, acquired at a cost of $89,495. Richard Lashley as an individual holds sole voting and dispositive power over 2,000 shares of Common Stock he holds in his Individual Retirement Account, acquired at a cost of $51,000. Mr. Lashley, Mr. Palmer and PL Capital Advisors are deemed to beneficially own Common Stock held on behalf of the PL Capital Advisors Clients under Rule 13d-3 of the Exchange Act. Mr. Barnard, Black Maple Holdings and Black Maple Capital are deemed to beneficially own Common Stock held on behalf of the Black Maple Capital Clients under Rule 13d-3 of the Exchange Act. Other than the PL Capital / Black Maple Financial Fund, L.P., currently no other shares of Common Stock are held on behalf of Black Maple Capital Clients. Mr. Barnard does not directly own any Common Stock. From time to time, the PL Capital Reporting Persons and the Black Maple Reporting Persons may have purchased or held Common Stock on margin provided by Goldman Sachs & Co. ("Goldman Sachs") on such firm's usual terms and conditions. All or part of the shares of Common Stock owned on behalf of the PL Capital Advisors Clients and the Black Maple Capital Clients may from time to time be pledged with one or more banking institutions or brokerage firms as collateral for loans. Such loans, if any, generally bear interest at a rate based upon the federal funds rate plus a margin. Such indebtedness, if any, may be refinanced with other banks or broker-dealers. As of the date of this filing, there are no margin or other loans outstanding secured by Common Stock by any of the PL Capital Reporting Persons or Black Maple Reporting Persons. From time to time, the Danielle Lashley Trust, Caitlin Lashley Trust, Lashley Family 2011 Trust, Lashley Family 2012 Trust, John Palmer, and Robin Lashley may have purchased or held Common Stock on margin provided by Charles Schwab & Co. Inc. or Fidelity Investments Inc. on such firms' usual terms and conditions. All or part of the shares of Common Stock owned on behalf of the persons and entities noted above may from time to time be pledged with one or more banking institutions or brokerage firms as collateral for loans. Such loans, if any, generally bear interest at a rate based upon the federal funds rate plus a margin. Such indebtedness, if any, may be refinanced with other banks or broker-dealers. As of the date of this filing, there are no margin or other loans outstanding secured by Common Stock by any of the Reporting Persons.
Item 4.	Purpose of Transaction
	This is the Reporting Persons' first amended Schedule 13D. The Reporting Persons beneficially own 7.5% of the Company in the aggregate, based upon the Company's outstanding shares of Common Stock as of July 31, 2025. The Reporting Persons acquired the Common Stock because they believed the Common Stock was undervalued at the time of purchase. The Reporting Persons intend to monitor the performance and corporate governance of the Company, as well as the actions of the Company's management and board. As it deems necessary, the Reporting Persons will assert their stockholder rights. To the extent the actions described herein may be deemed to constitute a "control purpose" with respect to the Exchange Act and the regulations thereunder, the Reporting Persons have such a purpose. Except as noted in this Schedule 13D, the Reporting Persons do not have any plans or proposals, which relate to, or would result in, any of the matters referred to in paragraphs (b) through (j), inclusive of Item (4) of Schedule 13D. The Reporting Persons may, at any time and from time to time, review or reconsider their positions and formulate plans or proposals with respect thereto. The Reporting Persons may make further purchases of shares of Common Stock, and the Reporting Persons may dispose of any or all the shares of Common Stock which they hold.
Item 5.	Interest in Securities of the Issuer
(a)	The percentages used in this Schedule 13D are calculated based upon the number of outstanding shares of Common Stock, 20,129,633, reported as the number of outstanding shares as of July 31, 2025, in the Company's Form 10-Q Quarterly Report filed with the Securities Exchange Commission on August 4, 2025. Because Messrs. Palmer and Lashley are the Managing Members of PL Capital Advisors, the investment manager or adviser to the PL Capital Advisors Clients, they are deemed to share the voting and dispositive power over the shares of Common Stock managed by PL Capital Advisors on behalf of the PL Capital Advisors Clients (including, without limitation, the PL Capital / Black Maple Financial Fund, L.P.). Because Black Maple Holdings is the General Partner of Black Maple Capital, the investment manager or adviser to the Black Maple Capital Clients (including, without limitation, the PL Capital / Black Maple Financial Fund, L.P.), it is deemed to share voting power and dispositive power over the shares of Common Stock managed by Black Maple Capital on behalf of the Black Maple Capital Clients. Because Mr. Barnard is the control person of Black Maple Holdings, the General Partner of Black Maple Capital, he is deemed to share voting power and dispositive power over the shares of Common Stock managed by Black Maple Capital on behalf of the Black Maple Capital Clients (including, without limitation, the PL Capital / Black Maple Financial Fund, L.P.).
(b)	Name of Reporting Person: PL Capital Advisors, LLC Number of Shares Beneficially Owned with Sole Voting and Dispositive Power: None Number of Shares Beneficially Owned with Shared Voting and Dispositive Power: 1,491,363 Name of Reporting Person: Richard J. Lashley Number of Shares Beneficially Owned with Sole Voting and Dispositive Power: 5,000 (includes 2,000 shares held in Mr. Lashley's IRA and 3,000 shares held in the Lashley Family 2012 Trust) Number of Shares Beneficially Owned with Shared Voting and Dispositive Power: 1,497,063 Additional Information: Because Messrs. Palmer and Lashley are the Managing Members of PL Capital Advisors, the investment manager or adviser to the Clients, they are deemed to share the voting and dispositive power over the shares of Common Stock managed by PL Capital Advisors on behalf of the Clients. And because Mr. Lashley is the co-Trustee of the Danielle Lashley Trust and the Caitlin Lashley Trust, and is the holder of discretionary authority for Robin Lashley, Mr. Lashley is deemed to share the voting and dispositive power over the shares of Common Stock held by these persons and entities. Name of Reporting Person: John W. Palmer Number of Shares Beneficially Owned with Sole Voting and Dispositive Power: 4,000 (these shares are held in Mr. Palmer's defined contribution plan) Number of Shares Beneficially Owned with Shared Voting and Dispositive Power: 1,491,363 Additional Information: Because Messrs. Palmer and Lashley are the Managing Members of PL Capital Advisors, the investment manager or adviser to the Clients, they are deemed to share the voting and dispositive power over the shares of Common Stock managed by PL Capital Advisors on behalf of the Clients. Name of Reporting Persons: Black Maple Capital Holdings, Black Maple Capital and Robert Barnard Number of Shares Beneficially Owned with Sole Voting and Dispositive Power: 0 Number of Shares Beneficially Owned with Shared Voting and Dispositive Power: 29,325 Because Black Maple Holdings is the General Partner of Black Maple Capital, the investment manager or adviser to the Black Maple Capital Clients (including, without limitation, the PL Capital / Black Maple Financial Fund, L.P.), it is deemed to share voting power and dispositive power over the shares of Common Stock managed by Black Maple Capital on behalf of the Black Maple Capital Clients. Because Mr. Barnard is the control person of Black Maple Holdings, the General Partner of Black Maple Capital, he is deemed to share voting power and dispositive power over the shares of Common Stock managed by Black Maple Capital on behalf of the Black Maple Capital Clients (including, without limitation, the PL Capital / Black Maple Financial Fund, L.P.). Name of Reporting Persons: Danielle Lashley Trust, Danielle Lashley and Richard Lashley Number of Shares Beneficially Owned with Sole Voting and Dispositive Power: 0 Number of Shares Beneficially Owned with Shared Voting and Dispositive Power: 3,000 Name of Reporting Persons: Cailtin Lashley Trust, Caitlin Fanelli and Richard Lashley Number of Shares Beneficially Owned with Sole Voting and Dispositive Power: 0 Number of Shares Beneficially Owned with Shared Voting and Dispositive Power: 1,500 Name of Reporting Persons: Lashley Family 2011 Trust and Beth Lashley Number of Shares Beneficially Owned with Sole Voting and Dispositive Power: 0 Number of Shares Beneficially Owned with Shared Voting and Dispositive Power: 5,100 Name of Reporting Persons: Robin Lashley and Richard Lashley Number of Shares Beneficially Owned with Sole Voting and Dispositive Power: 0 Number of Shares Beneficially Owned with Shared Voting and Dispositive Power: 1,200
(c)	The Reporting Persons made transactions in the Common Stock within the past 60 days as noted below: Messrs. Palmer and Lashley (a)-(b) See cover page. (c) During the past 60 days, Messrs. Palmer and Lashley did not have any transactions in the Common Stock other than the transactions effected by PL Capital Advisors on behalf of the PL Capital Advisors Clients. Black Maple Holdings and Mr. Barnard (a)-(b) See cover page. (c) During the past 60 days, Black Maple Holdings and Mr. Barnard did not have any transactions in the Common Stock other than the transactions effected by Black Maple Capital on behalf of the Black Maple Capital Clients. PL Capital Advisors and Black Maple Capital Transactions in Common Stock (a)-(b) See cover page. (c) PL Capital Advisors and Black Maple Capital made the following purchases (and no sales) of Common Stock in the past sixty days on behalf of PL Capital Advisors Clients and Black Maple Capital Clients: Trade Date: 6/26/2025 Number of Shares Purchased: 5,000 Price Per Share: $25.61 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 6/27/2025 Number of Shares Purchased: 6,500 Price Per Share: $25.88 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 6/30/2025 Number of Shares Purchased: 9,000 Price Per Share: $25.78 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/15/2025 Number of Shares Purchased: 3,208 Price Per Share: $26.98 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/16/2025 Number of Shares Purchased: 3,500 Price Per Share: $26.84 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/21/2025 Number of Shares Purchased: 127 Price Per Share: $27.20 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/22/2025 Number of Shares Purchased: 2,000 Price Per Share: $27.37 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/24/2025 Number of Shares Purchased: 2,000 Price Per Share: $26.75 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/24/2025 Number of Shares Purchased: 2,000 Price Per Share: $26.75 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/24/2025 Number of Shares Purchased: 2,500 Price Per Share: $27.00 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/25/2025 Number of Shares Purchased: 5,000 Price Per Share: $26.45 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/25/2025 Number of Shares Purchased: 4,551 Price Per Share: $26.00 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/29/2025 Number of Shares Purchased: 2,000 Price Per Share: $26.36 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients and Black Maple Capital Clients Trade Date: 7/29/2025 Number of Shares Purchased: 5,449 Price Per Share: $26.00 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/31/2025 Number of Shares Purchased: 1,000 Price Per Share: $25.25 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 7/31/2025 Number of Shares Purchased: 25,000 Price Per Share: $25.52 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 8/1/2025 Number of Shares Purchased: 25,000 Price Per Share: $24.85 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients (other than PL Capital / Black Maple Financial Fund, L.P.) Trade Date: 8/13/2025 Number of Shares Purchased: 46,518 Price Per Share: $26.39 Where and How Transaction Effected: Open Market Transaction Clients: PL Capital Advisors Clients and Black Maple Capital Clients Danielle Lashley Trust (Danielle Lashley, Co-Trustee) (a)-(b) See cover page. (c) During the past 60 days, the Danielle Lashley Trust did not have any transactions in the Common Stock. Caitlin Lashley Trust (Caitlin Fanelli, Co-Trustee) (a)-(b) See cover page. (c) During the past 60 days, the Caitlin Lashley Trust did not have any transactions in the Common Stock. Lashley Family 2011 Trust (Beth Lashley, Trustee) (a)-(b) See cover page. (c) During the past 60 days, the Lashley Family 2011 Trust did not have any transactions in the Common Stock. Lashley Family 2012 Trust (Richard Lashley, Trustee) (a)-(b) See cover page. (c) During the past 60 days, the Lashley Family 2012 Trust did not have any transactions in the Common Stock. Robin Lashley (a)-(b) See cover page. (c) During the past 60 days, Robin Lashley did not have any transactions in the Common Stock. John Palmer (Defined Contribution Plan) (a)-(b) See cover page. (c) During the past 60 days, John Palmer's defined contribution plan did not have any transactions in the Common Stock.
(d)	PL Capital Advisors' Clients may be deemed to have the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, the Common Stock owned on their behalf. The Black Maple Capital Clients may be deemed to have the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, the Common Stock owned on their behalf. Except as set forth above, no person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such shares of Common Stock beneficially owned by the Reporting Persons. No advisory client is known to any Reporting Person to have, and except as otherwise set forth herein no Reporting Person has, the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than five percent of the Company's Common Stock.
(e)	Not Applicable.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	PL Capital Advisors is the investment manager on behalf of the Clients. Each of the Clients has granted to PL Capital Advisors the sole and exclusive authority to vote and dispose of the shares of Common Stock held on their behalf pursuant to a management agreement. PL Capital Advisors is entitled to a fee for managing and advising these Clients, generally based upon a percentage of the Clients' capital. Affiliates of PL Capital Advisors, including PL Capital, LLC and Goodbody/PL Capital LLC, serve as the general partner of various partnerships managed and advised by PL Capital Advisors, including Financial Edge Fund, L.P., Financial Edge-Strategic Fund, L.P., PL Capital/Focused Fund, L.P., PL Capital Plus Fund, L.P., PL Capital SPV #1, L.P., and Goodbody/PL Capital, L.P., each a Delaware limited partnership. For serving as the general partner of these partnerships, PL Capital Advisors' affiliates are entitled to an allocation of a portion of net profits, if any, generated by the partnerships. PL Capital Advisors and Black Maple Capital are co-investment advisors on behalf of the PL Capital / Black Maple Financial Fund, L.P. The PL Capital / Black Maple Financial Fund, L.P. has granted to each of PL Capital Advisors and Black Maple Capital shared authority to vote and dispose of the shares of Common Stock held on its behalf pursuant to an investment management agreement. PL Capital Advisors and Black Maple Capital are entitled to a fee for managing and advising the PL Capital / Black Maple Financial Fund, L.P., and certain of their affiliates are entitled to an allocation of a portion of net profits, if any, for serving as the general partner.
Item 7.	Material to be Filed as Exhibits.
	Exhibit 1: Joint Filing Agreement - Filed Herewith.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

PL Capital Advisors, LLC

Signature:	John W. Palmer
Name/Title:	Managing Member
Date:	08/14/2025

Signature:	Richard J. Lashley
Name/Title:	Managing Member
Date:	08/14/2025

LASHLEY RICHARD J

Signature:	/s/ Richard J. Lashley
Name/Title:	/s/ Richard J. Lashley
Date:	08/14/2025

PALMER JOHN W

Signature:	/s/ John W. Palmer
Name/Title:	John W. Palmer
Date:	08/14/2025

Black Maple Capital Management LP

Signature:	Robert Barnard
Name/Title:	Managing Member
Date:	08/14/2025

Black Maple Capital Holdings LLC

Signature:	Robert Barnard
Name/Title:	Managing Member
Date:	08/14/2025

Barnard Robert James

Signature:	/s/ Robert James Barnard
Name/Title:	/s/ Robert James Barnard
Date:	08/14/2025

Danielle Morgan Lashley 2010 Trust

Signature:	Richard Lashley
Name/Title:	Trustee
Date:	08/14/2025

Signature:	/s/ Danielle Lashley
Name/Title:	Danielle Lashley
Date:	08/14/2025

Danielle Morgan Lashley

Signature:	/s/ Danielle Morgan Lashley
Name/Title:	Danielle Morgan Lashley
Date:	08/14/2025

Lashley Family 2011 Trust

Signature:	/s/ Beth Lashley
Name/Title:	Trustee
Date:	08/14/2025

Beth Lashley

Signature:	/s/ Beth Lashley
Name/Title:	Beth Lashley
Date:	08/14/2025

Lashley Family 2012 Trust

Signature:	/s/ Richard Lashley
Name/Title:	Trustee
Date:	08/14/2025

Robin Lashley

Signature:	/s/ Robin Lashley
Name/Title:	Robin Lashley
Date:	08/14/2025

Caitlin Anne Lashley 2010 Trust

Signature:	/s/ Richard Lashley
Name/Title:	Trustee
Date:	08/14/2025

Signature:	/s/ Caitlin Fanelli
Name/Title:	Trustee
Date:	08/14/2025

Caitlin Fanelli (nee Lashley)

Signature:	/s/ Caitlin Fanelli
Name/Title:	Caitlin Fanelli
Date:	08/14/2025

FAQ

How many FISI shares do PL Capital and related Reporting Persons own?

They beneficially own 1,511,363 shares, representing 7.5% of FISI based on 20,129,633 outstanding shares as of July 31, 2025.

What did the Reporting Persons pay in total for their FISI holdings?

The aggregate cost reported for the holdings is $37,911,308.

Do the filers intend to influence FISI's management or board?

The filers state they will monitor corporate governance and management and may assert stockholder rights; they acknowledge this could be considered a control purpose.

Were recent open-market purchases disclosed and over what period?

Yes; multiple open-market purchases are disclosed between June 26, 2025 and August 13, 2025, with specific trade dates and per-share prices listed.

Are any of the reported shares pledged or subject to margin loans?

As of the filing date, the Reporting Persons state there are no margin or other loans outstanding secured by the reported Common Stock.

Which entities share voting and dispositive power over the shares?

PL Capital Advisors holds shared voting/dispositive power over 1,491,363 shares; Black Maple-related parties share power over 29,325 shares; various Lashley trusts and individuals account for the balance.