Company research
Seneca Bancorp, Inc.
CIK 2072421Updated Oct 28, 2026
SecuritySNNF · OTC · equity
SNNF price & chart
Loading TradingView…
OTC:SNNF on TradingView ↗About the company
Seneca Bancorp is a newly formed Maryland corporation. Following the completion of the conversion and stock offering, Seneca Bancorp will succeed Seneca Financial Corp. as the publicly traded holding company of Seneca Savings. Our executive offices are located at 35 Oswego Street, Baldwinsville, New York 13027, and our telephone number at this address is (315) 638-0233. Our website address is www.senecasavings.com. Information on our website is not and should not be considered a part of this prospectus.
In the news
No coverage from other publishers is available.
Recent filings
10-Q filing
Entry into a Material Definitive Agreement
Items 1.01, 9.01
Other Events
Items 8.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
4 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| AssetsUSD | 316,458,000Source | — | 312,377,000Source | 299,060,000Source | — | 315,862,000Source | — | 312,114,000Source | 280,939,000Source |
| Property, Plant and Equipment, NetUSD | 11,162,000Source | — | 13,281,000Source | 10,568,000Source | — | 13,211,000Source | — | 13,190,000Source | 8,797,000Source |
| GoodwillUSD | 412,000Source | — | 412,000Source | 412,000Source | — | 412,000Source | — | 412,000Source | 412,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 467,000Source | — | 350,000Source | 506,000Source | — | 389,000Source | — | 428,000Source | 584,000Source |
| Current assets: | |||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 14,294,000Source | — | 8,150,000Source | 12,830,000Source | — | 7,206,000Source | — | 5,328,000Source | 6,788,000Source |
| LIABILITIES AND EQUITY | |||||||||
| LiabilitiesUSD | 292,044,000Source | — | 279,601,000Source | 275,305,000Source | — | 283,304,000Source | — | 279,363,000Source | 257,081,000Source |
| Stockholders’ equity: | |||||||||
| Common Stock, Value, IssuedUSD | 9,000Source | — | 18,000Source | 9,000Source | — | 18,000Source | — | 18,000Source | 9,000Source |
| Additional Paid in CapitalUSD | 8,164,000Source | — | 15,260,000Source | 8,150,000Source | — | 15,225,000Source | — | 15,187,000Source | 8,118,000Source |
| Retained Earnings (Accumulated Deficit)USD | 22,514,000Source | — | 22,592,000Source | 22,329,000Source | — | 22,499,000Source | — | 22,549,000Source | 22,377,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -4,125,000Source | — | -3,767,000Source | -4,580,000Source | — | -3,842,000Source | — | -3,646,000Source | -4,484,000Source |
| Stockholders' Equity Attributable to ParentUSD | 24,414,000Source | 23,836,000Source | 32,776,000Source | 23,755,000Source | 22,780,000Source | 32,558,000Source | 23,974,000Source | 32,751,000Source | 23,858,000Source |
| Liabilities and EquityUSD | 316,458,000Source | — | 312,377,000Source | 299,060,000Source | — | 315,862,000Source | — | 312,114,000Source | 280,939,000Source |
| Additional Financial Items | |||||||||
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | 951,000Source | 753,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | — | — | — | -50,000Source | 148,000Source | 172,000Source | 712,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 180,000Source | 132,000Source | 560,000Source | 530,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 38,000Source | 16,000Source | 61,000Source | 74,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -19,000Source | -40,000Source | -26,000Source | 94,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -600,000Source | -411,000Source | 4,767,000Source | 1,715,000Source |
| Cash flows from investing activities: | ||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -2,498,000Source | 579,000Source | -32,018,000Source | -21,061,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 176,000Source | 908,000Source | 4,797,000Source | 3,317,000Source |
| Cash flows from financing activities: | ||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | — | — | — | 70,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 4,976,000Source | -439,000Source | 25,791,000Source | 22,214,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 1,878,000Source | -271,000Source | -1,460,000Source | 2,868,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 14,294,000Source | 7,147,000Source | 8,150,000Source | 12,830,000Source | 7,206,000Source | 6,517,000Source | 5,328,000Source | 6,788,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 1,389,000Source | 1,279,000Source | 5,780,000Source | 5,213,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 20,000Source | 101,000Source |
| Additional Financial Items | ||||||||||
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | — | — | — | — | 48,000Source | -43,000Source | -93,000Source | 80,000Source |
| Amortization of Intangible AssetsUSD | — | — | — | — | 39,000Source | 40,000Source | 39,000Source | 39,000Source | 156,000Source | 156,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 26,000Source | 4,000Source | — | — | 27,000Source | 26,000Source | 105,000Source | 26,000Source |
| DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecordedUSD | — | — | — | — | 148,000Source | — | — | — | 20,000Source | 451,000Source |
| DepreciationUSD | — | — | 96,000Source | 89,000Source | — | 93,600Source | — | — | 404,000Source | 375,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | 80,000Source | — | -28,000Source | 511,000Source | 120,000Source | 110,000Source | 821,000Source | -145,000Source |
| Gain (Loss) on Sale of Mortgage LoansUSD | — | — | 63,000Source | 51,000Source | 25,000Source | 32,000Source | 24,000Source | 33,000Source | 136,000Source | 87,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | 6,000Source | — | — | 6,000Source |
| GoodwillUSD | — | — | 412,000Source | — | 412,000Source | 412,000Source | 412,000Source | — | 412,000Source | 412,000Source |
| Income Tax Expense (Benefit)USD | — | — | 39,000Source | 44,000Source | -14,000Source | -35,000Source | 7,000Source | 29,000Source | 9,000Source | 104,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 185,000Source | 328,000Source | 93,000Source | -196,000Source | -50,000Source | 148,000Source | 172,000Source | 712,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 185,000Source | 328,000Source | 93,000Source | -196,000Source | -50,000Source | 148,000Source | 172,000Source | 712,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 4,470,000Source | 10,015,000Source | 24,990,000Source | 555,000Source |
| Provision for Loan, Lease, and Other LossesUSD | — | — | — | — | — | — | 120,000Source | 110,000Source | 841,000Source | 306,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 80,000Source | — | -28,000Source | 511,000Source | 120,000Source | 110,000Source | 821,000Source | -145,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 224,000Source | 372,000Source | 79,000Source | -231,000Source | -43,000Source | 177,000Source | 181,000Source | 816,000Source |
| Income Tax Expense (Benefit)USD | — | — | 39,000Source | 44,000Source | -14,000Source | -35,000Source | 7,000Source | 29,000Source | 9,000Source | 104,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 185,000Source | 328,000Source | 93,000Source | -196,000Source | -50,000Source | 148,000Source | 172,000Source | 712,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.1Source | 0.19Source | 0.06Source | -0.12Source | -0.03Source | 0.09Source | 0.1Source | 0.42Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.1Source | 0.19Source | 0.06Source | -0.12Source | -0.03Source | 0.09Source | 0.1Source | 0.42Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 1,766,671Source | 1,754,087Source | 1,646,749Source | 1,700,535Source | 1,643,292Source | 1,699,909Source | 1,740,861Source | 1,703,153Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 1,794,651Source | 1,760,517Source | 1,666,233Source | 1,700,535Source | 1,656,750Source | 1,708,504Source | 1,748,735Source | 1,704,743Source |
| Additional Financial Items | ||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | 39,000Source | 40,000Source | 39,000Source | 39,000Source | 156,000Source | 156,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 26,000Source | 4,000Source | — | — | 27,000Source | 26,000Source | 105,000Source | 26,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 35,000Source | 10,000Source |
| DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecordedUSD | — | — | — | — | 148,000Source | — | — | — | 20,000Source | 451,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | 80,000Source | — | -28,000Source | 511,000Source | 120,000Source | 110,000Source | 821,000Source | -145,000Source |
| InterestExpenseOperatingUSD | — | — | 1,553,000Source | 1,325,000Source | 1,358,000Source | 1,364,000Source | 1,384,000Source | 1,309,000Source | 5,731,000Source | 5,230,000Source |
| Interest Income (Expense), NetUSD | — | — | 2,226,000Source | 2,089,000Source | 2,608,000Source | 2,231,000Source | 2,444,000Source | 2,128,000Source | 8,896,000Source | 8,134,000Source |
| Interest Income, OtherUSD | — | — | 101,000Source | 72,000Source | 34,000Source | 36,000Source | 30,000Source | 51,000Source | 275,000Source | 255,000Source |
| Labor and Related ExpenseUSD | — | — | 1,365,000Source | 1,227,000Source | 1,571,000Source | 1,387,000Source | 1,579,000Source | 1,286,000Source | 5,408,000Source | 4,903,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 185,000Source | 328,000Source | 93,000Source | -196,000Source | -50,000Source | 148,000Source | 172,000Source | 712,000Source |
Offerings
Registration 333-288044
Underwriters: At Minimum of Offering Range
Filing attachments
snnf-20251231xex4d2.htm · 10-K · 2026-03-30
Exhibit 4.2 Description of Seneca Bancorp, Inc. Common Stock Unless otherwise indicated or the context otherwise requires, references in this Exhibit 4.2 to the “Company,” the “Bank”, “we, “us” and “our” refer collectively to Seneca Bancorp, Inc. and Seneca Savings Bank, National Association or to any of those entities, depending on the context. General Seneca Bancorp is authorized to issue 40,000,000 shares of common stock, par value of $0.01 per share, and 10,000,000 shares of preferred st…
Read attachment ↗ex99-1_8k101525.htm · 8-K · 2025-10-15
EX-99.1 2 ex99-1_8k101525.htm PRESS RELEASE DATED OCTOBER 15, 2025 EXHIBIT 99.1 Seneca Bancorp Announces Closing of Conversion Transaction BALDWINSVILLE, N.Y. - October 15, 2025 - Seneca Bancorp, Inc. (“Seneca Bancorp”) (OTCQX: SNNF), the holding company for Seneca Savings Bank, National Association (the “Bank”), announced that the conversion of Seneca Financial MHC from the mutual holding company form of organization to the fully public stock holding company form of organization, Seneca B…
Read attachment ↗ex99-1.htm · 8-K · 2025-10-10
EX-99.1 2 ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Seneca Financial Announces Closing Date of Conversion Transaction and Results of Stock Offering BALDWINSVILLE, N.Y. - October 10, 2025 - Seneca Financial Corp. (“Seneca Financial”) (OTCID: SNNF), the holding company for Seneca Savings (the “Bank”), announced receipt of all regulatory approvals required to close the conversion of Seneca Financial MHC from the mutual holding company form of organization to the fully public stock holding company…
Read attachment ↗ex99-1.htm · 8-K · 2025-09-30
EX-99.1 2 ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Seneca Financial Announces Results of Special Meetings of Stockholders and Members BALDWINSVILLE, N.Y. - September 30, 2025 - Seneca Financial Corp. (“Seneca Financial”) (OTCID: SNNF), the holding company for Seneca Savings (the “Bank”), announced today that at special meetings held on September 30, 2025, the stockholders of Seneca Financial and the members of Seneca Financial MHC (depositors and certain borrowers of the Bank) approved the Pl…
Read attachment ↗ex99-1_8k092425.htm · 8-K · 2025-09-24
EX-99.1 2 ex99-1_8k092425.htm PRESS RELEASE DATED SEPTEMBER 24, 2025 EXHIBIT 99.1 Seneca Bancorp, Inc. Announces Closing of Community Offering BALDWINSVILLE, N.Y. - September 24, 2025 - Seneca Financial Corp. (“Seneca Financial”) (OTCID: SNNF), the holding company for Seneca Savings (the “Bank”), announced today that Seneca Bancorp, Inc. (“Seneca Bancorp”), a newly formed Maryland corporation and the proposed successor holding company of the Bank, closed the community offering for its shar…
Read attachment ↗ex99-1_8k091725.htm · 8-K · 2025-09-17
EX-99.1 2 ex99-1_8k091725.htm PRESS RELEASE DATED SEPTEMBER 17, 2025 EXHIBIT 99.1 Seneca Bancorp, Inc. Announces Commencement of Community Offering BALDWINSVILLE, N.Y. - September 17, 2025 - Seneca Financial Corp. (“Seneca Financial”) (OTCID: SNNF), the holding company for Seneca Savings (the “Bank”), announced today that Seneca Bancorp, Inc. (“Seneca Bancorp”), a newly formed Maryland corporation and the proposed successor holding company of the Bank, is commencing a community offering fo…
Read attachment ↗