Pathfinder Bancorp, Inc. reported a net loss of $1.9 million, or $0.31 per diluted share, for the full year 2025, a decrease of $5.3 million compared to net income of $3.4 million, or $0.54 per diluted share, in 2024. The provision for credit losses increased by $5.3 million to $16.3 million in 2025, up from $11.0 million in 2024, following a comprehensive review of commercial loan relationships with exposures of $500,000 or more. Total noninterest income decreased by $7.1 million, or 73.9%, to $2.5 million in 2025, primarily due to a $3.5 million fair value adjustment to loans held-for-sale and the absence of $1.1 million in insurance agency revenue and a $3.2 million gain on sale from the 2024 insurance agency divestiture. Net interest income before provision for credit losses increased by $3.3 million, or 8.2%, to $44.3 million in 2025, driven by a $5.1 million decrease in total interest expense. Total assets decreased by $48.2 million, or 3.3%, to $1.43 billion at December 31, 2025. Nonperforming loans to total loans increased to 3.07% at December 31, 2025, from 2.40% at December 31, 2024. The allowance for credit losses to non-performing loans increased to 106.80% at December 31, 2025, from 78.08% at December 31, 2024. Total past due loans increased from 3.81% at December 31, 2024, to 5.91% at December 31, 2025. Shareholders' equity increased by $968,000, or 0.8%, to $122.5 million at December 31, 2025, primarily due to a decrease in accumulated other comprehensive loss and an increase in additional paid-in capital, offset by a decrease in retained earnings. The Bank was categorized as 'well-capitalized' at December 31, 2025, exceeding all minimum regulatory capital ratios, including the capital conservation buffer requirements.