Seneca Bancorp, INC
Market Movers (8-K)
OQX
Seneca Bancorp, Inc. announced the retirement of CFO Vincent Fazio and the appointment of Angela Krezmer as his successor, alongside new employment agreements for key executives.
OQX
Seneca Bancorp, Inc. held its annual stockholder meeting on May 19, 2026, where key proposals including the election of directors, ratification of auditors, and executive compensation received majority approval.
OQX
Seneca Bancorp, Inc. announced the successful completion of its mutual holding company conversion, a related stock offering raising $10.4 million, and its bank's charter conversion.
Capital raise
OQX
Seneca Financial Corp. announced the successful completion of regulatory approvals and stock offering results, with the conversion to a fully public stock holding company expected to close on October 15, 2025.
Capital raise
OQX
Seneca Financial Corp. stockholders and members approved the Plan of Conversion and Reorganization to transition from a mutual holding company to a fully public stock holding company, and for Seneca Savings to become a national bank.
Capital raise
OQX
Seneca Bancorp, Inc. announced the successful closing of its community offering for common stock, a key step in its mutual-to-stock conversion.
Capital raise
Quarterly Earnings (10-Q)
OQX
Seneca Bancorp, Inc. reported a net loss of $50,000 for the first quarter of 2026, a decrease from a net income of $148,000 in the prior year's quarter, driven by increased non-interest expenses.
Worse than expected
OQX
Seneca Bancorp, Inc. reported a 43.6% decrease in net income for Q3 2025, primarily driven by a significant increase in provision for credit losses and higher non-interest expenses, despite growth in assets and deposits.
Worse than expected
Capital raise
OQX
Seneca Bancorp, Inc. reported a net loss for the second quarter and first half of 2025, primarily driven by a significant increase in provision for credit losses and higher operating expenses, despite growth in net interest income and deposits.
Capital raise
Worse than expected
Insider Trading (Form 4)
OQX
Kimberly Boynton, a Director at Seneca Bancorp, Inc., reported the acquisition of 800 stock options and updated her beneficial ownership of common stock and other options.
OQX
Seneca Bancorp's EVP and CFO, Vincent J. Fazio, reported the acquisition of 5,000 shares of restricted common stock.
OQX
Seneca Bancorp director Michael Duteau filed a Form 4 detailing future acquisition of 4,800 stock options and disposition of 4,387 common shares, effective November 21, 2025, under a Rule 10b5-1 plan.
OQX
Seneca Bancorp's President and CEO, Joseph G. Vitale, has filed a Form 4 detailing a planned acquisition of 5,000 restricted common shares on November 21, 2025, under a Rule 10b5-1 plan.
Proxy Statements (Def-14A)
OQX
Seneca Bancorp, Inc. has issued its 2026 proxy statement detailing the agenda for the upcoming annual meeting of stockholders scheduled for May 19, 2026.
Worse than expected
New Public Companies (S-1)
OQX
Seneca Bancorp, Inc. is converting to a fully public stock holding company, offering shares at $10.00 each to bolster capital for strategic growth and market expansion.
Worse than expected
Delay expected
Capital raise
OQX
Seneca Bancorp, Inc. is converting from a mutual holding company to a fully public stock holding company, offering shares at $10.00 each to strengthen capital and enhance market liquidity.
Worse than expected
Capital raise
Delay expected
OQX
S-1/A: Seneca Bancorp Announces Full Public Conversion and Stock Offering to Bolster Capital and Growth
Seneca Bancorp, Inc. is converting from a mutual holding company to a fully public stock holding company, offering up to 1,388,625 shares at $10.00 per share and exchanging existing shares to strengthen capital and enhance market liquidity.
Delay expected
Worse than expected
Capital raise
OQX
S-1/A: Seneca Bancorp Advances Mutual-to-Stock Conversion with Public Offering and Strategic Growth Plans
Seneca Bancorp, Inc. is proceeding with its mutual holding company to stock holding company conversion, offering shares at $10.00 each to raise capital for strategic growth and enhanced liquidity, despite recent net losses.
Worse than expected
Capital raise
Delay expected
OQX
Seneca Bancorp, Inc. is undertaking a second-step conversion from a mutual holding company to a fully public stock holding company, offering up to 1,388,625 shares of common stock at $10.00 per share to strengthen capital, enhance liquidity, and facilitate strategic growth.
Worse than expected
Delay expected
Capital raise
Schedule 13D - Activist Investments
OQX
Mark Zames, Chairman of Seneca Bancorp, Inc., increased his beneficial ownership to 9.2% of the common stock for investment purposes.
Schedule 13G - Passive Investments
OQX
The Amended and Restated Seneca Savings Bank Employee Stock Ownership Plan Trust reported an 8.9% beneficial ownership stake in Seneca Bancorp, Inc. common stock.
OQX
Minerva Advisors and related entities report a 6.0% beneficial ownership stake in Seneca Bancorp, Inc. as of December 31, 2025.
OQX
Minerva Advisors LLC and David P. Cohen have reported a 6.0% beneficial ownership stake in Seneca Bancorp, Inc., totaling 108,052 shares.