PCSB Financial Corp: directors' dealings · United States · SEC (Form 4)

About PCSB Financial Corp

PCSB Financial Corp. was a U.S. regional bank holding company focused on commercial and retail banking through its subsidiary, PCSB Bank. The company was listed on NASDAQ under the ticker PCSB and operated as a community-banking franchise serving a concentrated footprint in New York’s Lower Hudson Valley. Before its acquisition, PCSB’s model was built around core deposit gathering, relationship-based lending to individuals and small-to-mid-sized businesses, and a branch-led service approach. The company was headquartered in Yorktown Heights, New York, United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1049782/000110465923001440/tm231432d1_ex99-1.htm?utm_source=openai)) Historically, PCSB evolved as an independent regional institution with a local-market focus rather than a diversified national banking platform. SEC-related disclosures and transaction announcements show that Brookline Bancorp completed its acquisition of PCSB on January 1, 2023, ending PCSB’s life as a standalone public company. At the time of the transaction, PCSB was described as a bank holding company with approximately $1.9 billion in assets, and its bank subsidiary operated 15 banking offices across the Lower Hudson Valley. The deal had been announced in 2022 and approved by shareholders later that year before closing at the start of 2023. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1049782/000110465923001440/tm231432d1_ex99-1.htm?utm_source=openai)) From an operating perspective, PCSB’s business lines were conventional for a U.S. community bank: deposit accounts, residential mortgage lending, commercial real estate and commercial loans, credit facilities, online banking, and other relationship-driven financial services. For investors, the franchise should be viewed as a classic regional bank, where earnings sensitivity was tied to interest-rate spreads, loan growth, funding costs, and asset quality rather than to large capital-markets or consumer-finance platforms. Its competitive edge came from local customer relationships, a dense understanding of its markets, and a focused branch network. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1049782/000110465923081198/tm2320879-1_s3.htm?utm_source=openai)) In market terms, PCSB was a small-cap NASDAQ-listed U.S. financial institution with limited geographic diversification and a relatively narrow business profile. Its recent history is dominated by the Brookline Bancorp acquisition, effective January 1, 2023, which turned PCSB from an independent listed company into part of a larger banking group. For SEO and investor-relations purposes, the key message is that PCSB Financial Corp. was a local New York banking franchise whose value proposition rested on deposit franchise quality, relationship banking, and a concentrated regional loan book. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1049782/000110465922064111/tm2216573d2_ex99-3.htm?utm_source=openai))