Pathfinder Bancorp Announces First Quarter Earnings

Pathfinder Bancorp PBHC announced reported net income of $426,000, or $0.12 per basic and diluted share, for the three months ended March 31, 2011, compared to $600,000, or $0.20 per basic and diluted share, for the same period in 2010. The return on average assets and return on average shareholders' equity were 0.41% and 5.48%, respectively, for the three months ended March 31, 2011, compared with 0.62% and 8.05%, respectively, for the three months ended March 31, 2010.