Welcome to our dedicated page for Pioneer Bancorp Md SEC filings (Ticker: PBFS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Pioneer Bancorp, Inc. filings document a Maryland-incorporated financial institution with common stock registered on Nasdaq under PBFS. The company’s Form 8-K reports cover quarterly financial results, completed acquisitions, stock repurchase programs and other material events affecting its banking, employee benefits and specialty financing businesses.
Proxy materials describe annual meeting matters, board elections, executive compensation, equity awards and stockholder voting procedures. Acquisition-related filings disclose purchase agreements, subsidiary structures and integration obligations, while capital-action filings describe common-stock repurchase authority and related governance considerations.
Pioneer Bancorp, Inc. executive Thomas Signor reported a routine tax-related share disposition. On May 21, 2026, 1,442 shares of Common Stock were withheld at $14.97 per share to satisfy tax obligations, which is not an open-market sale. After this transaction, he directly holds 17,116 shares of Common Stock.
He also holds stock options on 40,000 shares of Common Stock with an exercise price of $9.39 per share, expiring on May 21, 2034. Footnotes state these stock options vest at a rate of 20% per year commencing on May 21, 2025, and that his direct holdings include restricted stock vesting 20% per year from the same date.
Pioneer Bancorp EVP and CBO Jesse Tomczak reported routine share and option positions, along with a tax-related share transfer. On May 21, 2026, 3,605 shares of Common Stock were used in a tax-withholding disposition at $14.97 per share. After this, he held 37,395 shares of Common Stock directly, which include restricted stock that vests 20% per year starting May 21, 2025, and 2,839 shares indirectly through a 401(k). He also held stock options on 100,000 shares of Common Stock with a $9.39 exercise price, expiring on May 21, 2034, vesting 20% per year from May 21, 2025.
Pioneer Bancorp, Inc./MD EVP and CHRO Susan M. Hollister reported a tax-withholding share disposition and updated holdings. On May 21, 2026, 2,523 shares of common stock were disposed of as a tax-withholding transaction at $14.97 per share. After this, she held 29,954 common shares directly and 29,463 common shares indirectly through a 401(k). She also held stock options on 75,000 shares of common stock with a $9.39 exercise price, expiring on May 21, 2034, which vest at 20% per year starting May 21, 2025. Restricted stock is included in the reported holdings and also vests at 20% per year from the same date.
Pioneer Bancorp, Inc./MD executive Susan M. Hollister, EVP and CHRO, reported updated stock and option holdings. She now directly holds 32,477 shares of common stock, including restricted shares that vest 20% per year starting on May 21, 2025.
She also indirectly holds 29,463 common shares through a 401(k) plan following a discretionary transaction involving 22,389 shares at $16.092 per share under Rule 16b-3(f). In addition, she holds stock options on 75,000 common shares with a $9.39 exercise price, expiring on May 21, 2034, vesting 20% per year from May 21, 2025.
Pioneer Bancorp, Inc. reported the results of its Annual Meeting of Stockholders held on May 19, 2026. Stockholders elected three directors to three-year terms, with Stacy Hengsterman receiving 20,648,868 votes for, Dr. James K. Reed 19,989,694 for, and Edward Reinfurt 20,134,659 for.
Two additional proposals described in the April 7, 2026 proxy statement were also approved. One proposal received 22,509,721 votes for, 27,327 against and 28,193 abstentions, while another received 21,138,783 votes for, 273,291 against and 57,584 abstentions, with 1,095,583 broker non-votes on certain items.
Pioneer Bancorp, Inc. reported first quarter 2026 net income of $5.3 million, or $0.22 per diluted share, down from $5.8 million and $0.23 a year earlier. Net interest income rose to $20.8 million, with net interest margin improving to 4.21% from 4.12%, as higher loan yields more than offset modestly higher funding costs.
Noninterest expense increased to $18.1 million, up 24.2%, driven by higher professional fees, salaries and a net increase in litigation-related expense, which pushed the efficiency ratio to 73.64% from 63.97%. Total assets reached $2.22 billion, including $1.70 billion of net loans and $1.85 billion of deposits, while non-performing assets declined to 0.40% of total assets.
Pioneer completed the approximately $140 million all-cash acquisition of Targeted Lending, adding about $120 million of loans and creating a new Specialty Financing division, and also acquired Reiser Consulting Group and Wyndham Benefits to expand its employee benefits business. Capital remained strong, with a Tier 1 leverage ratio of 11.56% and an effective tax rate of 7.3% for the quarter.
Pioneer Bancorp, Inc. completed an all-cash acquisition of Targeted Lending Co., LLC on April 24, 2026, creating a new Pioneer Specialty Financing division. The transaction is valued at approximately $140 million in enterprise value and adds a nationwide equipment financing platform with about $120 million of loans.
Pioneer, through subsidiary Targeted Lending Holdings, LLC, paid a base purchase price of about $54 million for 100% of Targeted Lending’s membership interests and repaid roughly $88 million of Targeted Lending’s credit facility debt at closing. Key Targeted Lending employees can earn up to $3 million in performance-based earn-out payments over three years.
Pioneer Bancorp, Inc. filed a report describing a strategic expansion of its employee benefits services. On April 20, 2026, Pioneer acquired Reiser Consulting Group, Inc. of Albany, NY and Wyndham Benefits, LLC of Ballston Spa, NY, both focused on employee benefits.
The acquisitions were effective the same day and together are described as doubling the size of Pioneer's Employee Benefits division, widening services for current and prospective clients in New York’s Capital Region. Theresa Reiser becomes Vice President of Employee Benefits, leading the expanded division and integration of both books of business, while Wyndham Benefits owner Chris Goodness continues serving his clients within Pioneer.
The move supports Pioneer's broader strategy of offering more than traditional banking, alongside its Human Resources Consulting division and broker‑dealer subsidiary, Pioneer Capital Markets. Pioneer is a financial holding company with more than $2 billion in assets and 22 offices in New York’s Capital Region.