Welcome to our dedicated page for Seneca Bancorp SEC filings (Ticker: SNNF), 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.
Seneca Bancorp, Inc. filings document the company's stock holding company structure, capital-structure events and governance record following the conversion of Seneca Financial MHC from mutual holding company form to fully public stock holding company form. Form 8-K reports cover the community offering, stockholder and member approvals, completion of the conversion and Seneca Savings Bank's charter conversion to a national association.
Proxy materials disclose annual meeting procedures, stockholder voting matters, board governance and executive compensation information, including equity-award and pay-versus-performance tables. The filings also identify securities-registration status under Section 12(b) and material-event exhibits tied to the reorganization.
Seneca Bancorp, Inc. (SNNF) reported an insider equity award on a Form 4. A director received stock options for 4,800 shares of common stock at an exercise price of $9.78 per share on 11/21/2025. These options vest in equal installments of 20% per year starting on November 21, 2026, and are exercisable through November 21, 2035. Following this grant, the director beneficially owns 4,387 shares of common stock and 4,800 stock options, all held directly.
Seneca Bancorp, Inc. (SNNF) reported an insider equity award for its President and CEO, who is also a director. On 11/21/2025, the executive acquired 5,000 shares of common stock at a price of $0, indicating a stock grant rather than an open-market purchase. Following this transaction, the executive directly holds 10,544 shares of common stock, with additional indirect holdings of 1,673 shares through an ESOP, 13,444 shares through an IRA, and 8,101 shares through a 401(k).
The filing notes that these 5,000 shares are restricted stock that will vest in installments of 20% per year, starting on November 21, 2026. The executive also holds several stock option awards on Seneca Bancorp common stock, including options for 4,842 shares at $9.50 expiring on August 16, 2029, 1,695 shares at $6.73 expiring on May 19, 2030, and 4,842 shares at $10.07 expiring on June 18, 2031, all held directly.
Seneca Bancorp, Inc. filed a post-effective amendment to its Form S-1 to deregister 589,090 shares of common stock that were previously registered but never issued or sold. The original offering covered 2,379,241 shares, of which 1,790,151 shares were offered, issued and sold before the sale to the public concluded on October 15, 2025. With no further shares to be offered under this registration statement, the company is formally removing the remaining unsold shares from registration.
Minerva Advisors LLC and related entities filed a Schedule 13G reporting passive ownership in Seneca Bancorp, Inc. common stock. Minerva Advisors LLC and David P. Cohen each report beneficial ownership of 108,052 shares, representing 6.0% of Seneca Bancorp’s outstanding common stock. Minerva Group, LP directly holds 70,402 shares, or 3.9% of the company, with Minerva GP, LP and Minerva GP, Inc. also deemed beneficial owners of that same block. The percentages are calculated based on 1,790,151 shares outstanding as of November 13, 2025. The filing certifies that the securities were not acquired for the purpose of changing or influencing control of Seneca Bancorp.
Seneca Bancorp, Inc. reported Q3 2025 results reflecting balance-sheet growth and modest profitability. Total assets reached $316.5 million, up from $280.9 million at year-end 2024, with deposits at $238.1 million and net loans at $214.8 million. Stockholders’ equity was $24.4 million.
Quarterly net income was $185,000 (vs. $328,000 a year ago) on net interest income of $2.226 million. For the nine months, net income was $137,000 (vs. $610,000), reflecting a higher provision for credit losses of $701,000. Noninterest income was $595,000 in Q3, while noninterest expense was $2.517 million. Comprehensive income benefited from securities valuation gains, lifting Q3 total comprehensive income to $640,000.
The Company completed its mutual-to-stock conversion on October 15, 2025, including the sale of 1,044,858 shares at $10.00 for gross proceeds of approximately $10.4 million and an exchange ratio of 0.9684 for existing holders. Upon completion, about 1,790,203 shares were outstanding; 1,790,151 shares were outstanding as of November 13, 2025. Credit metrics included nonaccrual loans of $582,000 and a loan allowance of $1.794 million.
Seneca Bancorp (SNNF): Mark Zames filed a Schedule 13D reporting beneficial ownership of 165,023 shares of common stock, representing 9.2% of the class. The filing notes that this percentage is based on 1,792,992 shares outstanding deemed outstanding for this purpose.
Zames holds sole voting and dispositive power over all reported shares and includes 2,789 shares issuable upon option exercise within 60 days of October 15, 2025. The filing lists a recent open-market purchase on October 15, 2025 of 25,000 shares at $10.00 per share. The shares are held for investment purposes, and Zames, who serves as Chairman of the Board, may buy or sell shares or consider corporate actions as circumstances warrant.
Seneca Bancorp (SNNF) disclosed an insider’s holdings in a Form 3 dated 10/15/2025. The reporting person is a Director and listed Common Stock holdings of 159,431 shares (Direct) and 2,803 shares (Indirect) held by a SEP IRA.
The filing also lists vested stock options to acquire Common Stock: 3,874 shares at an exercise price of $10.07 (exercisable 06/18/2022; expiring 06/18/2031) and 775 shares at $11.62 (exercisable 05/17/2022; expiring 05/17/2032).
Seneca Bancorp (SNNF) reported a new insider position via a Form 3 initial statement dated 10/15/2025 for a director. The filing lists indirect holdings of 17,462 shares of common stock held by IRA and 4,842 shares held by Trust.
It also reports stock options held directly: 3,874 options exercisable 08/16/2020 at $9.5 expiring 08/16/2029, and 775 options exercisable 06/18/2022 at $10.07 expiring 06/18/2031. This filing establishes the insider’s baseline ownership under Section 16.
Seneca Bancorp (SNNF): Initial insider ownership filed. A director and the company’s President & CEO reported holdings as of 10/15/2025. Common stock: 5,544 shares direct; indirect via ESOP 1,673, IRA 13,444, and 401(k) 8,101. Derivatives (stock options, direct): 4,842 at an exercise price of $9.50 expiring 08/16/2029; 1,695 at $6.73 expiring 05/19/2030; and 4,842 at $10.07 expiring 06/18/2031.
Seneca Bancorp (SNNF) reported an initial statement of beneficial ownership by a director on a Form 3 dated 10/15/2025. The filing lists 5,421 shares of common stock held directly. It also discloses stock options to acquire common stock: 3,874 shares at $9.50 (exercisable 08/16/2020, expiring 08/16/2029) and 775 shares at $10.07 (exercisable 06/18/2022, expiring 06/18/2031). This is an administrative ownership disclosure and does not announce a transaction.