Seneca Bancorp, Inc. (SNNF)
Seneca Bancorp, Inc. functions as a parent entity, primarily focused on delivering community-oriented banking services. The company's financial offerings include various account types, such as checking, savings, retirement, and certificate accounts. Furthermore, it extends diverse lending solutions, encompassing mortgages, construction financing, business loans, and personal credit. Beyond traditional banking, Seneca Bancorp provides clients with financial planning and investment advisory services, and it facilitates the sale of insurance and investment products through external brokers. This institution was established on June 6, 2025, with its main operational base located in New York, NY.
Sector: National Commercial Banks
Industry: Banks - Regional
Seneca Bancorp, Inc.
OTC:SNNFFinancial Services · Banks - Regional
-0.08%$13.25
Mkt Cap$23.86M
Float1.39M
O/S1.8M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$16.84M
Net Income$172K
Total Assets$312.11M
Free Cash Flow-$30K
Debt & Equity
Debt 52%
Equity 48%
Total Debt$35.57M
Total Equity$32.75M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SNNF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$312.11M
Liabilities$279.36M
Accounts Receivable$1.48M
Accounts Payable$0
Inventory$0
PP&E (Net)$13.19M
Goodwill$412K
Intangible Assets$428K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $16.84M | $15.22M | $8.94M | $10.29M | $9.67M | $9.58M | $9.62M | $8.37M | $7.46M | $6.48M | $5.89M |
| YoY Growth | 10.6% | 70.4% | -13.2% | 6.4% | 1.0% | -0.4% | 14.8% | 12.3% | 15.1% | 10.0% | - |
| Cost of Revenue | $6.57M | $15.22M | -$3.87M | $0 | $0 | $2.56M | $2.81M | $1.93M | $1.62M | $1.24M | $0 |
| Gross Profit | $10.26M | $9.69M | $12.8M | $9.26M | $8.43M | $7.02M | $6.8M | $6.45M | $5.84M | $5.24M | $5.89M |
| Gross Margin | 61.0% | 63.7% | 143.3% | 89.9% | 87.1% | 73.3% | 70.7% | 77.0% | 78.3% | 80.9% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $6.03M | $6.59M | $5.91M | $5.59M | $5.05M | $3.5M | $4.2M | $4.27M | $3.86M | $3.64M | $3.44M |
| Other | $4.06M | $0 | $0 | $0 | $0 | $2.46M | $1.21M | $1.14M | $1.19M | $1.01M | -$1.58M |
| Total Operating Expenses | $10.08M | $6.59M | $5.91M | $5.59M | $5.05M | $5.96M | $5.41M | $5.42M | $5.05M | $4.65M | $1.58M |
| Operating Income (EBIT) | $181K | $810K | $894K | $1.93M | $2.16M | $2.45M | $1.39M | $1.03M | $788K | $591K | $591K |
| Operating Margin | 1.1% | 5.3% | 10.0% | 18.8% | 22.3% | 25.6% | 14.4% | 12.3% | 10.6% | 9.1% | 10.0% |
| Interest Expense | $5.73M | $0 | $1.03M | $455K | $559K | $1.83M | $2.57M | $1.92M | $1.44M | $992K | $0 |
| Interest Income | $14.63M | $0 | $0 | $0 | $0 | $8.75M | $8.77M | $7.7M | $6.83M | $5.84M | $0 |
| Other Income (Expense) | $0 | $6K | -$2.13M | $20K | -$5K | -$1.39M | $0 | $0 | $0 | $0 | -$3K |
| Income Before Tax (EBT) | $181K | $816K | $894K | $1.95M | $2.15M | $1.06M | $1.39M | $1.03M | $788K | $591K | $418K |
| Income Tax Expense | $9K | $104K | $139K | $327K | $372K | $161K | $272K | $181K | $264K | $64K | $22K |
| Net Income | $172K | $712K | $755K | $1.62M | $1.78M | $902K | $1.12M | $850K | $524K | $527K | $396K |
| Net Income Margin | 1.0% | 4.7% | 8.4% | 15.8% | 18.4% | 9.4% | 11.6% | 10.2% | 7.0% | 8.1% | 6.7% |
| Supplementary Data | |||||||||||
| EPS | 0.10 | 0.40 | 0.42 | 0.86 | 0.97 | 0.50 | 0.60 | 0.45 | 0.28 | 0.27 | 0.20 |
| Diluted EPS | 0.10 | 0.40 | 0.42 | 0.86 | 0.97 | 0.50 | 0.60 | 0.45 | 0.28 | 0.27 | 0.20 |
| Weighted Average OS | 1.77M | 1.76M | 1.79M | 1.89M | 1.84M | 1.79M | 1.86M | 1.90M | 1.90M | 1.98M | 1.98M |
| EBITDA | $741K | $1.34M | $1.32M | $2.36M | $2.55M | $1.41M | $1.64M | $1.23M | $963K | $750K | $576K |
| EBITDA Margin | 4.4% | 8.8% | 14.7% | 22.9% | 26.3% | 14.8% | 17.1% | 14.7% | 12.9% | 11.6% | 9.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $5.33M | $6.79M | $3.92M | $4.43M | $3.53M | $3.98M | $3.09M | $3.47M | $4.38M | $1.76M | $4.04M |
| Short-Term Investments | $20.84M | $0 | $0 | $0 | $0 | $0 | $27.96M | $26.17M | $22.1M | $0 | $0 |
| Cash and Short-Term Investments | $26.16M | $31.07M | $3.92M | $4.43M | $3.53M | $3.98M | $31.05M | $29.64M | $26.47M | $1.76M | $4.04M |
| Accounts Receivable | $1.48M | $0 | $0 | $0 | $0 | $0 | $799K | $771K | $666K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $8.04M | $0 | $1.17M | $961K | $1.67M | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $27.64M | $8.04M | $3.92M | $5.59M | $4.49M | $5.65M | $31.85M | $30.41M | $27.14M | $2.39M | $4.68M |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $13.19M | $8.8M | $5.85M | $5.64M | $5.8M | $5.21M | $5.41M | $3.44M | $2.63M | $2.05M | $2.31M |
| Goodwill | $412K | $412K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $428K | $584K | $1.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $226.03M | $0 | $3M | $2.52M | $2.62M | $2.88M | $164.39M | $154.65M | $141.15M | $2.09M | $1.25M |
| Deferred Tax Assets | $0 | $2.37M | $2.25M | $2.22M | $768K | $781K | $0 | $0 | $0 | $889K | $895K |
| Other Long-Term Assets | $44.41M | $268.78M | $241.65M | $8.92M | $8.19M | $6.63M | $8.58M | $6.8M | $5.26M | $2.53M | $565K |
| Total Long-Term Assets | $284.47M | $280.94M | $253.9M | $231.09M | $211.22M | $216.66M | $178.39M | $164.89M | $149.04M | $159.37M | $132.94M |
| Other Assets | $0 | $0 | $1.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $312.11M | $283.31M | $258.98M | $236.69M | $215.71M | $222.31M | $210.24M | $195.31M | $176.17M | $161.77M | $137.62M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $9.5M | $0 | $7.5M | $9.95M | $7.25M | $0 | $0 | $0 | $14.5M | $1M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $234.43M | $190.71M | $165.72M | $132.62M | $122.6M | $118.5M | $151.91M | $143.97M | $129.6M | $38.69M | $32.56M |
| Total Current Liabilities | $234.43M | $200.21M | $165.72M | $140.12M | $132.55M | $125.75M | $151.91M | $143.97M | $129.6M | $53.19M | $33.56M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $35.57M | $31.75M | $27.5M | $17.5M | $23.65M | $30.85M | $32.9M | $28.35M | $24.5M | $13.5M | $14.5M |
| Long-Term Unearned Revenue | $0 | $0 | $36M | $0 | $37.47M | $0 | $0 | $0 | $0 | $80.85M | $76.12M |
| Long-Term Deferred Tax Liabilities | $0 | $3.12M | $2.79M | $2.17M | $1.77M | $0 | $0 | $0 | $0 | $355K | $261K |
| Other Long-Term Liabilities | $9.37M | $215.83M | $206.58M | $53.43M | $164.63M | $167.8M | $4.36M | $3.57M | $3.68M | $83.94M | $79.21M |
| Total Long-Term Liabilities | $44.94M | $257.08M | $234.08M | $73.11M | $58.8M | $198.65M | $37.26M | $31.92M | $28.18M | $97.79M | $93.97M |
| Other Liabilities | $0 | $0 | -$165.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $279.36M | $259.45M | $236.33M | $213.23M | $191.35M | $199.43M | $189.17M | $175.9M | $157.77M | $150.99M | $127.52M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $18K | $9K | $9K | $9K | $9K | $9K | $9K | $9K | $9K | $0 | $0 |
| Retained Earnings | $22.55M | $22.38M | $21.66M | $20.91M | $19.29M | $17.51M | $16.6M | $15.49M | $14.64M | $13.57M | $13.04M |
| Comprehensive Income & Other | -$3.65M | -$5.09M | -$5.58M | -$6.82M | -$1.89M | -$1.94M | -$2.1M | -$3.18M | -$3.32M | -$2.79M | -$2.94M |
| Other Stockholders' Equity | $10.18M | $1.47M | $975K | $112K | $5.06M | $5.36M | $4.46M | $3.92M | $3.76M | -$2.79M | -$2.94M |
| Total Equity | $32.75M | $23.86M | $22.65M | $21.03M | $24.36M | $22.88M | $21.07M | $19.41M | $18.4M | $10.78M | $10.1M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $312.11M | $283.31M | $258.98M | $234.26M | $215.71M | $222.31M | $210.24M | $195.31M | $176.17M | $161.77M | $137.62M |
| Supplementary Data | |||||||||||
| Total Debt | $35.57M | $41.25M | $27.5M | $25M | $24.95M | $38.1M | $32.9M | $28.35M | $24.5M | $28M | $15.5M |
| Net Debt | $30.24M | $41.25M | $23.58M | $20.57M | $21.42M | $34.12M | $29.81M | $24.88M | $20.13M | $26.24M | $11.46M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | $172K | $712K | $755K | $1.62M | $1.78M | $902K | $1.12M | $850K | $524K | $527K | $396K |
| Depreciation & Amortization | $560K | $530K | $423K | $430K | $390K | $353K | $253K | $199K | $175K | $159K | $155K |
| Deferred Income Tax | -$26K | $0 | $0 | $265K | -$834K | -$754K | $172K | $323K | $0 | $0 | $0 |
| Stock-Based Compensation | $145K | $0 | $102K | $79K | $54K | $48K | $35K | $23K | $6K | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$232K | -$89K | -$116K | -$121K | $71K | -$193K | -$28K | -$105K | -$36K | $4K | -$82K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $3.24M | -$54K | -$765K | -$1.83M | -$185K | -$161K | -$728K | -$1.05M | $253K | -$62K | $2.38M |
| Total Working Capital Change | $3.01M | -$143K | -$881K | -$1.96M | -$114K | -$354K | -$756K | -$1.15M | $217K | -$58K | $2.3M |
| Other Non-Cash Items | $905K | $535K | $122K | -$524K | $1.81M | $1.16M | $430K | -$26K | $1.32M | $616K | $691K |
| Net Cash from Operating | $4.77M | $1.63M | $521K | -$82K | $3.08M | $1.35M | $1.25M | $217K | $2.25M | $1.24M | $3.23M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$4.8M | -$3.32M | -$588K | -$274K | -$686K | -$160K | -$2.22M | -$1.02M | -$756K | -$191K | -$1.22M |
| Acquisitions | $0 | $0 | -$714K | $1.08M | $3.29M | $12.98M | -$10.03M | -$13.6M | $0 | -$27.28M | $0 |
| Purchases of Investments | -$28.56M | -$12.88M | $0 | -$8.14M | -$15.38M | -$28.23M | -$9.7M | -$7.04M | -$8.1M | -$17.67M | -$13.49M |
| Sales of Investments | $27.15M | $1.4M | $0 | $7.06M | $12.21M | $15.46M | $8.5M | $2.42M | $5.34M | $20.29M | $26.81M |
| Other Investing Activities | -$25.82M | -$6.17M | -$19.21M | -$23.13M | $6.26M | -$9.5M | -$189K | -$282K | -$9.7M | -$2.38M | -$8.32M |
| Net Cash from Investing | -$32.02M | -$20.97M | -$20.52M | -$23.4M | $5.69M | -$9.44M | -$13.64M | -$19.52M | -$13.21M | -$27.23M | -$9.54M |
| Financing Activities | |||||||||||
| Debt Repaid | $5.69M | -$5.75M | -$8.5M | -$1.35M | $5.95M | $2M | -$7.25M | -$250K | -$500K | -$12.5M | $1.5M |
| Common Stock Issuance | $8.57M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.86M | $0 | $0 |
| Common Stock Repurchases | -$836K | -$70K | -$448K | -$70K | -$390K | $0 | -$579K | $0 | -$776K | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $23.74M | $16.53M | $11.44M | $23.11M | -$2.89M | $10.97M | $8.04M | $14.55M | $10M | $11.21M | $9.54M |
| Net Cash from Financing | $25.79M | $22.21M | $19.49M | $24.39M | -$9.23M | $8.97M | $12.01M | $18.4M | $13.58M | $23.7M | $8.04M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.46M | $2.87M | -$507K | $901K | -$451K | $883K | -$376K | -$905K | $2.61M | -$2.28M | $1.74M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $4.77M | $1.63M | $521K | -$82K | $3.08M | $1.35M | $1.25M | $217K | $2.25M | $1.24M | $3.23M |
| Capital Expenditure | -$4.8M | -$3.32M | -$588K | -$274K | -$686K | -$160K | -$2.22M | -$1.02M | -$756K | -$191K | -$1.22M |
| Free Cash Flow | -$30K | -$1.68M | -$67K | -$356K | $2.4M | $1.19M | -$970K | -$801K | $1.49M | $1.05M | $2.02M |
| Cash at Beginning | $6.79M | $3.92M | $4.43M | $3.53M | $3.98M | $3.09M | $3.47M | $4.38M | $1.76M | $4.04M | $2.31M |
| Cash at End | $5.33M | $6.79M | $3.92M | $4.43M | $3.53M | $3.98M | $3.09M | $3.47M | $4.38M | $1.76M | $4.04M |