PSB Financial, Inc.

EFFECT effective

PSB Financial, Inc. has filed a Notice of Effectiveness for its S-1 registration statement, confirming the activation of its stock offering. The company is converting from a mutual to a stock form, establishing Pioneer State Bank. The offering includes up to 1,719,250 shares of common stock, with proceeds intended for the conversion. The shares will be listed on the OTCQB after the offering. The offering involves a subscription phase, community offering, and potential syndicated community offering, managed by Keefe, Bruyette & Woods, Inc. (KBW).

S-1/A amended

PSB Financial, Inc. is conducting an IPO to facilitate the mutual-to-stock conversion of Pioneer Federal Savings and Loan Association into Pioneer State Bank. The offering involves up to 1,719,250 shares of common stock, with a minimum of 1,105,000 shares required to complete the conversion. The stock offering includes a subscription phase for existing members, a community offering, and a potential syndicated community offering. The company expects its shares to be quoted on the OTCQB Market post-conversion, and it is an emerging growth company under the JOBS Act.

S-1/A amended

PSB Financial, Inc. is conducting an IPO to facilitate the mutual-to-stock conversion of Pioneer Federal Savings and Loan Association into Pioneer State Bank. The offering involves up to 1,719,250 shares of common stock at $10.00 per share, with proceeds used to capitalize the new bank. The filing reflects adjustments to share quantities, subscription timelines, and regulatory approvals compared to the initial S-1 filing.

S-1 filed

PSB Financial, Inc. is conducting an IPO to facilitate the mutual-to-stock conversion of Pioneer Federal Savings and Loan Association into Pioneer State Bank. The offering involves up to 1,587,000 shares of common stock at $10.00 per share, with proceeds intended to capitalize the new stock bank. The conversion requires regulatory approvals and involves a subscription offering prioritizing existing members, followed by community and syndicated offerings. PSB Financial will serve as the holding company for Pioneer State Bank post-conversion.