PSB Financial, Inc. 8-K

What Happened
PSB Financial, Inc., the proposed holding company of Pioneer State Bank, announced on April 29, 2026 that it has completed the subscription offering conducted in connection with the proposed conversion of Pioneer Federal Savings and Loan Association from the mutual form of organization to the stock form of organization. The company filed a Form 8-K (Item 8.01) and attached the press release as Exhibit 99.1.

Key Details

• Filing: Form 8-K filed April 29, 2026 (Item 8.01: Other Events).
• Event: Completion of the subscription offering related to Pioneer Federal’s proposed mutual-to-stock conversion.
• Entity: PSB Financial, Inc. is identified as the proposed holding company of Pioneer State Bank.
• Disclosure: Press release announcing completion is attached as Exhibit 99.1 to the 8-K.

Why It Matters
Completing the subscription offering is a required step in the mutual-to-stock conversion process and signals progress toward establishing PSB Financial as the holding company for Pioneer State Bank. For investors, this moves the conversion and any resulting stock issuance or change in ownership structure closer to completion; the 8-K confirms the offering step has closed but does not provide pricing, allocation, or final conversion timing. Watch for subsequent filings or releases with subscription results, conversion effective date, or share issuance details.